* indicates monthly or quarterly data series

Inflation forecast, 2023:

The average for 2023 based on 12 countries was 5.64 percent. The highest value was in Vanuatu: 11.31 percent and the lowest value was in Kiribati: -2.11 percent. The indicator is available from 1980 to 2028. Below is a chart for all countries where data are available.

Measure: percent; Source: International Monetary Fund
Select indicator
* indicates monthly or quarterly data series


Countries Inflation forecast, 2023 Global rank Available data
Vanuatu 11.31 1 1980 - 2028
Samoa 10.66 2 1986 - 2028
Palau 8.74 3 2001 - 2028
Tonga 7.34 4 1983 - 2028
Tuvalu 6.21 5 2001 - 2028
Fiji 5.1 6 1994 - 2028
New Zealand 4.66 7 1986 - 2028
Micronesia 4.64 8 2000 - 2028
Australia 4.05 9 1989 - 2028
Solomon Isl. 3.64 10 1994 - 2028
Papua N.G. 3.45 11 1984 - 2028
Kiribati -2.11 12 1989 - 2028



Definition: Year-on-year percentage changes in end-of-period consumer prices. The series includes actual historical values for past years and forecast values for the current and the next few years.

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