Annual Inflation Visualization (Kiribati)

Source: World Bank (1971-2023)

5.14% Historical average
27.56% Maximum recorded
-5.44% Minimum recorded
53 Years of data

Historical Inflation Calculator for Kiribati

Calculate how the value of money has changed between two specific years in Kiribati.

Future Value Estimation

Estimate how the value of an amount of money will change in the future, given an average inflation rate.

Past Value Estimation

Estimate what the equivalent value of an amount of money would have been in the past, given an average inflation rate.

Historical inflation data for Kiribati

Year Inflation (%) Change
2023 3.37% +5.81pp
2022 -2.44% -11.91pp
2021 9.47% +5.01pp
2020 4.46% +7.74pp
2019 -3.29% -7.15pp
2018 3.86% +2.95pp
2017 0.92% -0.80pp
2016 1.72% -1.42pp
2015 3.14% -1.87pp
2014 5.00% +7.98pp
2013 -2.98% -2.44pp
2012 -0.54% -2.54pp
2011 2.00% +2.86pp
2010 -0.86% -2.86pp
2009 2.00% -7.50pp
2008 9.50% +2.19pp
2007 7.31% +12.75pp
2006 -5.44% -9.47pp
2005 4.03% +7.94pp
2004 -3.91% -13.35pp
2003 9.44% +1.43pp
2002 8.01% +7.69pp
2001 0.32% -0.68pp
2000 1.00% -3.61pp
1999 4.61% -1.04pp
1998 5.64% +3.03pp
1997 2.61% -9.93pp
1996 12.54% +14.35pp
1995 -1.80% -5.47pp
1994 3.67% +0.02pp
1993 3.65% -23.91pp
1992 27.56% +7.65pp
1991 19.91% +14.90pp
1990 5.02% +0.21pp
1989 4.81% +9.71pp
1988 -4.89% -12.06pp
1987 7.16% +0.59pp
1986 6.57% -3.45pp
1985 10.02% +10.04pp
1984 -0.02% -18.18pp
1983 18.16% +11.82pp
1982 6.34% +7.03pp
1981 -0.69% +3.84pp
1980 -4.53% -13.70pp
1979 9.17% -2.68pp
1978 11.86% +2.96pp
1977 8.90% -0.28pp
1976 9.17% -0.29pp
1975 9.46% -3.53pp
1974 12.99% -3.27pp
1973 16.26% +11.03pp
1972 5.23% -1.89pp
1971 7.11% -

About Kiribati inflation

Kiribati inflation measures the annual percentage change in the general level of consumer prices. This indicator is essential to understand how the purchasing power of money varies over time. Our Kiribati inflation calculator allows you to visualize these changes and calculate monetary equivalences between different years.

What is inflation?

Inflation is the sustained and generalized increase in the price level of goods and services in an economy over a period of time. When inflation rises, each monetary unit buys fewer products. The inflation rate is generally measured by the Consumer Price Index (CPI), which reflects changes in the cost of a representative basket of goods and services.

How to use this inflation calculator?

Our Kiribati inflation calculator offers three tools: 1) Historical calculator: enter a value and select two years to see how purchasing power has changed. 2) Future value: estimate what your money will be worth in the future with a projected inflation rate. 3) Past value: calculate the equivalent of a current amount in the past.

Data provided by the World Bank (World Bank Open Data). Data is updated annually.

Frequently Asked Questions

What is the current inflation in Kiribati?
According to the latest available World Bank data, Kiribati inflation in 2023 was 3.37%. This inflation rate represents the annual percentage change in the consumer price index (CPI).
How to calculate cumulative inflation in Kiribati?
To calculate cumulative inflation in Kiribati, use our historical calculator. Enter an initial value, select the start year and end year. The calculator will multiply the value by each year's inflation factors to give you the equivalent value and total cumulative inflation in percentage.
What was the highest inflation recorded in Kiribati?
You can check Kiribati's historical inflation in the chart and table on this page. The data shows the evolution of the annual inflation rate from 1971 to 2023, allowing you to identify periods of highest and lowest inflation.
How does inflation affect purchasing power?
Inflation reduces the purchasing power of money over time. For example, if inflation is 3% per year, what costs $100 today will cost $103 next year. Our inflation calculator helps you visualize exactly how much the real value of your money has changed in Kiribati.
What is the historical average inflation in Kiribati?
The historical average inflation in Kiribati can be calculated with the data on this page. Check the statistics in the chart section where we show the historical average, as well as the maximum and minimum values recorded during the period 1971-2023.
What is the CPI and how does it relate to inflation?
The CPI (Consumer Price Index) is an indicator that measures the price variation of a basket of goods and services representative of household consumption. The inflation rate is calculated as the percentage change in the CPI between two periods. Our Kiribati inflation data is based on the official CPI.