New Zealand

Inflation in New Zealand

Inflation in New Zealand: 17.1% a year in 1980 and 2.8% a year in 2025, by IMF estimates.

Latest, 2025
2.8% a year
Since 1980
−14.2 percentage points
Rank, 2025
91 of 179
counting from the highest
Projected, 2031
2% a year
IMF projection (World Economic Outlook, October 2026)
Watch it change on the map

% a year · IMF

Inflation in New ZealandInflation in New Zealand: 17.1% a year in 1980 and 2.8% a year in 2025, by IMF estimates. The IMF projection (World Economic Outlook, October 2026) puts it at 2% a year in 2031.
Estimates, IMFIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • The IMF projection (World Economic Outlook, October 2026) puts it at 2% a year in 2031.
  • The highest was 17.1% a year in 1980, the lowest -0.1% a year in 1999.

Every year

% a year · IMF

YearNew Zealand
20252.8
20242.9
20235.7
20227.2
20213.9
20201.7
20191.6
20181.6
20171.9
20160.6
20150.3
20141.2
20131.1
20121.1
20114
20102.3
20092.1
20084
20072.4
20063.4
20053
20042.3
20031.8
20022.7
20012.6
20002.6
1999-0.1
19981.3
19971.2
19962.3
19953.8
19941.7
19931.3
19921
19912.6
19906.1
19895.7
19886.4
198715.8
198613.2
198515.4
19846.1
19837.4
198216.1
198115.5
198017.1
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearNew Zealand
20264.1
20272.8
20282
20292
20302
20312

Good to know

  • How much consumer prices rose in a year, on average.
  • Source: IMF, World Economic Outlook, October 2026.
  • The dashed line is the IMF projection (World Economic Outlook, October 2026), a scenario rather than a forecast.
  • Ranks count the 179 countries with a value in 2025, highest first.

How the layers work, where their data comes from and what they can’t tell you: Countries through time

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