Inflation, consumer prices in New Zealand
New Zealand: Inflation, consumer prices was 2.8% in 2025. ◆ Volatile
Inflation, consumer prices in New Zealand, 1960–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in annual %.
Analysis
New Zealand recorded 2.8% for inflation, consumer prices in 2025.
The figure is down 2.8% on the previous year and up 870.2% over ten years.
Over the whole period, inflation, consumer prices in New Zealand peaked at 17.2% in 1980 and was at its lowest, -0.1%, in 1999.
New Zealand ranks 103rd of 192 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Inflation, consumer prices in New Zealand, year by year
| Year | annual % | Change |
|---|---|---|
| 1960 | 0.7% | — |
| 1961 | 1.8% | +157.6% |
| 1962 | 2.7% | +49.1% |
| 1963 | 2.0% | -26.6% |
| 1964 | 3.5% | +76.5% |
| 1965 | 3.4% | -2.2% |
| 1966 | 2.8% | -18.9% |
| 1967 | 6.1% | +119.8% |
| 1968 | 4.3% | -28.8% |
| 1969 | 4.9% | +14.2% |
| 1970 | 6.5% | +32.3% |
| 1971 | 10.4% | +59.4% |
| 1972 | 6.9% | -33.3% |
| 1973 | 8.2% | +17.8% |
| 1974 | 11.1% | +36.0% |
| 1975 | 14.7% | +32.2% |
| 1976 | 16.9% | +15.1% |
| 1977 | 14.4% | -14.9% |
| 1978 | 12.0% | -16.9% |
| 1979 | 13.7% | +14.6% |
| 1980 | 17.2% | +25.2% |
| 1981 | 15.4% | -10.4% |
| 1982 | 16.2% | +5.2% |
| 1983 | 7.3% | -54.6% |
| 1984 | 6.2% | -15.9% |
| 1985 | 15.4% | +149.8% |
| 1986 | 13.2% | -14.3% |
| 1987 | 15.7% | +19.2% |
| 1988 | 6.4% | -59.5% |
| 1989 | 5.7% | -10.3% |
| 1990 | 6.1% | +6.7% |
| 1991 | 2.6% | -57.3% |
| 1992 | 1.0% | -61.0% |
| 1993 | 1.3% | +27.0% |
| 1994 | 1.7% | +35.5% |
| 1995 | 3.8% | +115.1% |
| 1996 | 2.3% | -39.1% |
| 1997 | 1.2% | -48.1% |
| 1998 | 1.3% | +6.6% |
| 1999 | -0.1% | -109.0% |
| 2000 | 2.6% | -2388.7% |
| 2001 | 2.6% | +0.4% |
| 2002 | 2.7% | +2.0% |
| 2003 | 1.8% | -34.5% |
| 2004 | 2.3% | +30.6% |
| 2005 | 3.0% | +32.6% |
| 2006 | 3.4% | +10.8% |
| 2007 | 2.4% | -29.4% |
| 2008 | 4.0% | +66.6% |
| 2009 | 2.1% | -46.6% |
| 2010 | 2.3% | +8.8% |
| 2011 | 4.0% | +75.0% |
| 2012 | 1.1% | -73.7% |
| 2013 | 1.1% | +7.0% |
| 2014 | 1.2% | +8.2% |
| 2015 | 0.3% | -76.2% |
| 2016 | 0.6% | +120.8% |
| 2017 | 1.9% | +186.4% |
| 2018 | 1.6% | -13.6% |
| 2019 | 1.6% | +1.3% |
| 2020 | 1.7% | +5.9% |
| 2021 | 3.9% | +129.9% |
| 2022 | 7.2% | +82.0% |
| 2023 | 5.7% | -20.1% |
| 2024 | 2.9% | -49.0% |
| 2025 | 2.8% | -2.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 3.2% | 0.7% | 6.1% | 10 |
| 1970s | 11.5% | 6.5% | 16.9% | 10 |
| 1980s | 11.9% | 5.7% | 17.2% | 10 |
| 1990s | 2.1% | -0.1% | 6.1% | 10 |
| 2000s | 2.7% | 1.8% | 4.0% | 10 |
| 2010s | 1.6% | 0.3% | 4.0% | 10 |
| 2020s | 4.1% | 1.7% | 7.2% | 6 |
Countries ranked near New Zealand
More economy & growth data for New Zealand
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.71 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.37 Percent per annum (2029)
- Gross capital formation (current US$), annual growth rate -2.21 % change on previous year (2024)
- Gross capital formation (current US$), per unit of GDP 0.2309 current US$ per US$ of GDP (2024)
- Gross capital formation (current US$), per capita 11,415 current US$ per person (2024)
- Gross capital formation (current LCU), annual growth rate -0.7776 % change on previous year (2024)
- Gross capital formation (current LCU), per unit of GDP 0.3816 current LCU per US$ of GDP (2024)
- Gross capital formation (current LCU), per capita 18,862 current LCU per person (2024)
- Gross capital formation (constant 2015 US$), annual growth rate -3.46 % change on previous year (2024)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1924 constant 2015 US$ per US$ of GDP (2024)
Frequently asked questions
- What is inflation, consumer prices in New Zealand?
- Inflation, consumer prices in New Zealand was 2.8% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest inflation, consumer prices recorded in New Zealand?
- The highest recorded value was 17.2% in 1980.
- What is the lowest inflation, consumer prices recorded in New Zealand?
- The lowest recorded value was -0.1% in 1999.
- How does New Zealand rank for inflation, consumer prices?
- New Zealand ranks 103rd out of 192 countries with data for 2025.
- Is inflation, consumer prices rising or falling in New Zealand?
- Over the last ten years it is up 870.2%. The long-run trend across the full record is volatile.
- Where does this New Zealand data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Inflation, consumer prices (annual %). Statizoid updates them automatically from the source API.
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About this data
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly.