Kiribati — Inflation
Inflation, Consumer Prices (Annual %) for Kiribati, 2007–2024.
Latest value · 2024
2.46%
Inflation, Consumer Prices (Annual %) · annual % · -31.7% since 2007
Inflation for Kiribati was 2.46% in 2024, according to the latest World Bank data. The series covers 18 years, from 2007 to 2024. The highest recorded value was 13.67% in 2008. The lowest was -3.90% in 2010 (about -1.6× the latest value). Across that span the compound annual growth rate works out to -2.21% per year.
Kiribati ranks 110 of 187 economies on this measure (1 = highest), putting it in the top 59%. The median for East Asia & Pacific is 2.21%, so Kiribati sits above it. It peaked in 2008 and has fallen 82% since. Over the last decade (2014–2024) the figure moved up 17%.
Key figures
Latest (2024)
2.46%
First (2007)
3.59%
Change
-31.7%
Highest
13.67%
in 2008
Lowest
-3.90%
in 2010
Average
2.53%
Annual growth (CAGR)
-2.21%
Years of data
18
Recent years
| Year | annual % |
|---|---|
| 2024 | 2.46% |
| 2023 | 9.28% |
| 2022 | 5.35% |
| 2021 | 2.05% |
| 2020 | 2.55% |
| 2019 | -1.81% |
| 2018 | 0.56% |
| 2017 | 0.36% |
| 2016 | 1.92% |
| 2015 | 0.57% |
| 2014 | 2.1% |
| 2013 | -1.49% |
Reading this correctly. Annual percentage change in the cost to the average consumer of acquiring a basket of goods and services. A negative value means deflation. Figures are in annual %. Comparing this series with a different measure of the same concept (for example a nominal figure against a purchasing-power-parity figure) will give misleading results.
Related data
Source. World Bank Open Data, indicator
FP.CPI.TOTL.ZG — Inflation, Consumer Prices (Annual %). Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.