Kiribati Inflation Rate

Kiribati Inflation Rate (2007-2023)

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GDP GDP Growth Rate GDP Per Capita Debt to GDP Inflation Rate Manufacturing GNI GNI Per Capita GNP

Kiribati inflation rate for 2023 was 9.28%, a 3.94% increase from 2022.

Kiribati inflation rate for 2022 was 5.35%, a 3.29% increase from 2021.
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.

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.