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.
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
- External balance on goods and services as a percent of GDP -93.1% (2024)
- GDP per capita 2,109 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 4.2% (2024)
- Gross domestic product (GDP) 287.80 million constant 2015 US$ (2025)
- GDP per capita in international and market dollars 2,109 constant 2015 US$ (2025)
- DEC alternative conversion factor 1.55 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 152.09 million current LCU (2025)
- Net secondary income (Net current transfers from abroad) 97.99 million current US$ (2025)
- Taxes less subsidies on products -10.45 million current LCU (2024)
- Taxes less subsidies on products -6.90 million current US$ (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.