Kiribati Inflation Rate 2007-2024

Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
  • Kiribati inflation rate for 2021 was 2.05%, a 0.5% decline from 2020.
  • Kiribati inflation rate for 2020 was 2.55%, a 4.37% increase from 2019.
  • Kiribati inflation rate for 2019 was -1.81%, a 2.38% decline from 2018.
  • Kiribati inflation rate for 2018 was 0.56%, a 0.21% increase from 2017.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Sudan 359.09%
Angola 25.75%
Zambia 22.02%
Nigeria 16.95%
Kyrgyz Republic 11.91%
Uzbekistan 10.85%
Ghana 9.97%
Georgia 9.57%
Pakistan 9.50%
Ukraine 9.36%
Sao Tome and Principe 8.14%
Mongolia 7.35%
Bhutan 7.35%
Sri Lanka 7.01%
Kenya 6.11%
Lesotho 6.05%
Tunisia 5.71%
Bangladesh 5.55%
Egypt 5.21%
India 5.13%
Moldova 5.11%
Nicaragua 4.93%
Papua New Guinea 4.48%
Honduras 4.48%
Philippines 3.93%
Lao PDR 3.76%
Mauritania 3.57%
El Salvador 3.47%
Kosovo 3.35%
Micronesia 3.19%
Cambodia 2.92%
Vanuatu 2.34%
Cameroon 2.27%
Kiribati 2.05%
Cabo Verde 1.86%
Vietnam 1.83%
Republic of Congo 1.72%
Indonesia 1.56%
Morocco 1.40%
West Bank and Gaza 1.24%
Djibouti 1.18%
Bolivia 0.74%
Solomon Islands -0.12%
Kiribati Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2021 2.05% -0.50%
2020 2.55% 4.37%
2019 -1.81% -2.38%
2018 0.56% 0.21%
2017 0.36% -1.56%
2016 1.92% 1.35%
2015 0.57% -1.53%
2014 2.10% 3.59%
2013 -1.49% 1.56%
2012 -3.05% -4.54%
2011 1.50% 5.40%
2010 -3.90% -13.72%
2009 9.82% -3.85%
2008 13.67% 10.07%
2007 3.59% 10.07%