Inflation of consumer prices in Kiribati
Kiribati: Inflation of consumer prices was 2.5% in 2024. ◆ Volatile
Inflation of consumer prices in Kiribati, 2007–2024
Source: International Monetary Fund (IMF) International Financial Statistics, via World Bank (2026) – processed by Our World in Data. Measured in annual %.
Analysis
Kiribati recorded 2.5% for inflation of 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 of consumer prices in Kiribati peaked at 13.7% in 2008 and was at its lowest, -3.9%, in 2010.
That places Kiribati 111th out of 190 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.
Inflation of consumer prices in Kiribati, year by year
| Year | annual % | Change |
|---|---|---|
| 2007 | 3.6% | — |
| 2008 | 13.7% | +280.4% |
| 2009 | 9.8% | -28.2% |
| 2010 | -3.9% | -139.7% |
| 2011 | 1.5% | -138.4% |
| 2012 | -3.0% | -303.4% |
| 2013 | -1.5% | -51.1% |
| 2014 | 2.1% | -241.4% |
| 2015 | 0.6% | -72.8% |
| 2016 | 1.9% | +235.2% |
| 2017 | 0.4% | -81.5% |
| 2018 | 0.6% | +58.6% |
| 2019 | -1.8% | -421.5% |
| 2020 | 2.6% | -240.8% |
| 2021 | 2.1% | -19.6% |
| 2022 | 5.3% | +160.3% |
| 2023 | 9.3% | +73.6% |
| 2024 | 2.5% | -73.5% |
Kiribati compared with similar countries
- Kiribati's 2.5% is below the median for lower middle income countries, which is 3.6%, 69% of the median. (47 countries reporting)
- Kiribati's 2.5% is above the median for East Asia & Pacific, which is 2.1%, 1.2× the median. (29 countries reporting)
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
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.6343 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.11 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 16,114 BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 0.1181 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 4.16 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -48.46 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0119 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 30.49 BoP, current US$ per person (2025)
- General government final consumption expenditure (current US$) 8.03 % change on previous year (2024)
Frequently asked questions
- What is inflation of consumer prices in Kiribati?
- Inflation of consumer prices in Kiribati was 2.5% in 2024, according to International Monetary Fund (IMF) International Financial Statistics, via World Bank (2026) – processed by Our World in Data.
- What is the highest inflation of consumer prices recorded in Kiribati?
- The highest recorded value was 13.7% in 2008.
- What is the lowest inflation of consumer prices recorded in Kiribati?
- The lowest recorded value was -3.9% in 2010.
- How does Kiribati rank for inflation of consumer prices?
- Kiribati ranks 111th out of 190 countries with data for 2024.
- Is inflation of 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 Monetary Fund (IMF) International Financial Statistics, via World Bank (2026) – processed by Our World in Data, published as part of Inflation of consumer prices. Statizoid updates them automatically from the source API.
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About this data
Annual changes in the cost to the average consumer of acquiring a set basket of goods and services. This measure is used to track changes in living costs over time.