Inflation, consumer prices in Kiribati
Kiribati: Inflation, consumer prices was 2.5% in 2024. ◆ Volatile
Inflation, consumer prices in Kiribati, 2007–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in annual %.
Analysis
Kiribati recorded 2.5% for inflation, consumer prices in 2024.
That represents a change of down 73.5% on the previous year and up 16.7% over ten years.
Over the whole period, inflation, consumer prices in Kiribati peaked at 13.7% in 2008 and was at its lowest, -3.9%, in 2010.
That places Kiribati 112th out of 191 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 9.0% | 3.6% | 13.7% | 3 |
| 2010s | -0.3% | -3.9% | 2.1% | 10 |
| 2020s | 4.3% | 2.1% | 9.3% | 5 |
Countries ranked near Kiribati
More economy & growth data for Kiribati
- Exports of goods and services 11.62 million constant 2015 US$ (2024)
- Gross national expenditure 661.40 million current US$ (2024)
- Gross national expenditure 1.00 billion current LCU (2024)
- Gross national expenditure 563.70 million constant 2015 US$ (2024)
- Industry (including construction), value added 21.1% (2024)
- Gross national expenditure 192.7% (2024)
- Exports of goods and services 15.50 million current US$ (2024)
- Exports of goods and services 23.48 million current LCU (2024)
- Gross fixed capital formation 150.99 million current LCU (2024)
- Gross fixed capital formation 99.64 million current US$ (2024)
Frequently asked questions
- What is inflation, consumer prices in Kiribati?
- Inflation, consumer prices in Kiribati was 2.5% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest inflation, consumer prices recorded in Kiribati?
- The highest recorded value was 13.7% in 2008.
- What is the lowest inflation, consumer prices recorded in Kiribati?
- The lowest recorded value was -3.9% in 2010.
- How does Kiribati rank for inflation, consumer prices?
- Kiribati ranks 112th out of 191 countries with data for 2024.
- Is inflation, consumer prices rising or falling in Kiribati?
- Over the last ten years it is up 16.7%. The long-run trend across the full record is volatile.
- Where does this Kiribati 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.