Price level index in Kiribati
Kiribati: Price level index was 61.66 Households and NPISHs Final consumption expenditure in 2024. ▼ Falling
Price level index in Kiribati, 2006–2024
Source: World Development Indicators, World Bank (WB). Measured in Households and NPISHs Final consumption expenditure.
Analysis
The most recent figure for price level index in Kiribati is 61.66 Households and NPISHs Final consumption expenditure, measured in 2024. That is the lowest value across all 19 years on record.
Compared with earlier readings it is down 1.1% on the previous year and down 30.7% over ten years.
Over the whole period, price level index in Kiribati peaked at 109.93 Households and NPISHs Final consumption expenditure in 2011 and was at its lowest, 61.66 Households and NPISHs Final consumption expenditure, in 2024.
That places Kiribati 78th out of 205 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 19 years of available data.
Price level index in Kiribati, year by year
| Year | Households and NPISHs Final consumption expenditure | Change |
|---|---|---|
| 2006 | 71 Households and NPISHs Final consumption expenditure | — |
| 2007 | 79.46 Households and NPISHs Final consumption expenditure | +11.9% |
| 2008 | 87.19 Households and NPISHs Final consumption expenditure | +9.7% |
| 2009 | 89.34 Households and NPISHs Final consumption expenditure | +2.5% |
| 2010 | 99.36 Households and NPISHs Final consumption expenditure | +11.2% |
| 2011 | 109.93 Households and NPISHs Final consumption expenditure | +10.6% |
| 2012 | 104.81 Households and NPISHs Final consumption expenditure | -4.7% |
| 2013 | 94.88 Households and NPISHs Final consumption expenditure | -9.5% |
| 2014 | 89.01 Households and NPISHs Final consumption expenditure | -6.2% |
| 2015 | 74.52 Households and NPISHs Final consumption expenditure | -16.3% |
| 2016 | 74.22 Households and NPISHs Final consumption expenditure | -0.4% |
| 2017 | 75.19 Households and NPISHs Final consumption expenditure | +1.3% |
| 2018 | 71.95 Households and NPISHs Final consumption expenditure | -4.3% |
| 2019 | 64.56 Households and NPISHs Final consumption expenditure | -10.3% |
| 2020 | 64.75 Households and NPISHs Final consumption expenditure | +0.3% |
| 2021 | 68.89 Households and NPISHs Final consumption expenditure | +6.4% |
| 2022 | 62.05 Households and NPISHs Final consumption expenditure | -9.9% |
| 2023 | 62.38 Households and NPISHs Final consumption expenditure | +0.5% |
| 2024 | 61.66 Households and NPISHs Final consumption expenditure | -1.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 81.75 Households and NPISHs Final consumption expenditure | 71 Households and NPISHs Final consumption expenditure | 89.34 Households and NPISHs Final consumption expenditure | 4 |
| 2010s | 85.84 Households and NPISHs Final consumption expenditure | 64.56 Households and NPISHs Final consumption expenditure | 109.93 Households and NPISHs Final consumption expenditure | 10 |
| 2020s | 63.95 Households and NPISHs Final consumption expenditure | 61.66 Households and NPISHs Final consumption expenditure | 68.89 Households and NPISHs Final consumption expenditure | 5 |
Countries ranked near Kiribati
- 75 Republic of Korea 61.87 Households and NPISHs Final consumption expenditure compare
- 76 Grenada 61.78 Households and NPISHs Final consumption expenditure compare
- 77 Jamaica 61.75 Households and NPISHs Final consumption expenditure compare
- 79 Macau, China 61.61 Households and NPISHs Final consumption expenditure compare
- 80 Kuwait 59.78 Households and NPISHs Final consumption expenditure compare
- 81 Saint Lucia 59.06 Households and NPISHs Final consumption expenditure compare
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)
- Imports of goods and services (constant 2015 US$), annual growth rate 12.14 % change on previous year (2024)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.8912 constant 2015 US$ per US$ of GDP (2024)
- Imports of goods and services (constant 2015 US$), per capita 2,274 constant 2015 US$ per person (2024)
- External balance on goods and services (current US$), annual growth -15.56 % change on previous year (2024)
- External balance on goods and services (current LCU), annual growth -16.35 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), annual 1.68 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.351 current LCU per US$ of GDP (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 895.5 current LCU per person (2024)
Frequently asked questions
- What is price level index in Kiribati?
- Price level index in Kiribati was 61.66 Households and NPISHs Final consumption expenditure in 2024, according to World Development Indicators, World Bank (WB).
- What is the highest price level index recorded in Kiribati?
- The highest recorded value was 109.93 Households and NPISHs Final consumption expenditure in 2011.
- What is the lowest price level index recorded in Kiribati?
- The lowest recorded value was 61.66 Households and NPISHs Final consumption expenditure in 2024.
- How does Kiribati rank for price level index?
- Kiribati ranks 78th out of 205 countries with data for 2024.
- Is price level index rising or falling in Kiribati?
- Over the last ten years it is down 30.7%. The long-run trend across the full record is falling.
- Where does this Kiribati data come from?
- The figures come from World Development Indicators, World Bank (WB), published as part of Price level index (Households and NPISHs Final consumption expenditure). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The price level index (PLI) is the ratio of a purchasing power parity (PPP) conversion factor to the corresponding market exchange rate between two countries, expressed relative to a base country that is set equal to 100. For this series the base country is the United States. It provides a measure of the differences in price level between the country and the United States by indicating the number of units of the common currency (US dollars) needed to buy the same volume of the aggregation level in each country. This indicator provides a measure of the differences in the price levels of countries at the level of Households and NPISHs final consumption expenditure.