Inflation Kiribati 2022
Average inflation: 5.3%
Current Inflation
Inflation is very high at 5.3%, far above the ECB target.
Peak and Trough
The highest inflation was in December at 16.2%. The lowest inflation was in May at 0.3%.
- Highest month
- December: 16.2%
- Lowest month
- May: 0.3%
- Difference
- 15.9 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of 3.2%. The lowest price increase was in Energy with an average of 3.2%.
- Highest increase
- Energy: 3.2%
- Lowest increase
- Energy: 3.2%
Historical Context
Current inflation is 3.6% higher than the 5-year average of 1.7%.
- 5-year average
- 1.7%
- 10-year average
- 1.2%
- All-time high (2008)
- 13.7%
- All-time low (2010)
- -3.9%
Trend
Inflation shows an upward trend. Compared to 2021, inflation has risen by +3.3 percentage point.
- Change vs. previous year
- +3.3 percentage points
- Largest monthly swing
- December: +13.7 percentage points
ECB Target
Inflation is 3.3% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.
What you could buy for €100 this year will cost approximately €105.30 next year at this inflation rate.
Multi-year trend
Monthly figures 2022
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2021 |
|---|---|---|
| January | 2.7% | +0.7 |
| February | 2.7% | +0.9 |
| March | 1.7% | -0.1 |
| April | 0.7% | -1.3 |
| May | 0.3% | -2.0 |
| June | 1.9% | +0.6 |
| July | 2.9% | +1.9 |
| August | 8.0% | +5.4 |
| September | 9.4% | +8.8 |
| October | 7.8% | +4.9 |
| November | 9.5% | +5.7 |
| December | 16.2% | +13.7 |
| Average | 5.3% |
Data source
Data from WorldBank. Last updated: 06/01/2026.