Consumer price inflation — all countries

Consumer price inflation — Kiribati

Consumer price inflation in Kiribati in 2024 — 2.46%. Ranked 68 in the world out of 174. Since 2007, the indicator has fallen by 1.14 pp.

2024 2.46% −6.83 pp vs 2023
World rank 68of 174
Period maximum 13.67%2008
Period minimum -3.9%2010

Trend over time

2007–2024 · % per year

Consumer price inflation — Kiribati, 2007–2024-505101520072009201120132015201720192021202320242007: 3.59%2008: 13.67%2009: 9.82%2010: -3.9%2011: 1.5%2012: -3.05%2013: -1.49%2014: 2.1%2015: 0.57%2016: 1.92%2017: 0.36%2018: 0.56%2019: -1.81%2020: 2.55%2021: 2.05%2022: 5.35%2023: 9.28%2024: 2.46%
Change over the period: −1.14 pp Annual average: -0.07 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Kiribati

Kiribati 2.46%
World 3.01%
Consumer price inflation — Kiribati, by year Kiribati All countries CSV XLSX
Year % Change, pp
2024 2.46 −6.83 pp
2023 9.28 +3.94 pp
2022 5.35 +3.29 pp
2021 2.05 −0.5 pp
2020 2.55 +4.37 pp
2019 -1.81 −2.38 pp
2018 0.56 +0.21 pp
2017 0.36 −1.56 pp
2016 1.92 +1.35 pp
2015 0.57 −1.53 pp
2014 2.1 +3.59 pp
2013 -1.49 +1.56 pp
2012 -3.05 −4.54 pp
2011 1.5 +5.4 pp
2010 -3.9 −13.72 pp
2009 9.82 −3.85 pp
2008 13.67 +10.07 pp
2007 3.59

Micronesia, 2024

The same indicator for neighboring countries — with links to their pages

PW Palau 2.23 KI Kiribati 2.46

About the indicator

The annual growth rate of the consumer price index — the cost of a fixed or periodically updated basket of goods and services for households. Negative values mean deflation. The composition of the basket and its weights are set by national statistical offices, so the figures are comparable in order of magnitude but not identical in method.

Important: In countries with hyperinflation the indicator can run into hundreds and thousands of percent, which is worth keeping in mind when reading charts.

Source: World Development Indicators (World Bank), license CC BY 4.0.