Countries in Oceania Ranked by Inflation rate (2025)
Inflation rate: each country's latest value (2020–2025), ranked from highest to lowest. Source: The World Bank (CC BY 4.0).
Summary
Kiribati ranks #1 with 6.51% per year (consumer prices). Tonga is second with 5.59% per year (consumer prices), 16.4% behind. The top five are Kiribati, Tonga, Micronesia, Fed. Sts., Papua New Guinea and Solomon Islands. The median across all 11 is 2.87% per year (consumer prices); Fiji is last at -1.38% per year (consumer prices). Kiribati's figure has risen 81% since 2007 (3.59% per year (consumer prices) to 6.51% per year (consumer prices) in 2025).
- #1
- Kiribati · 6.51% per year (consumer prices)
- Median
- 2.87% per year (consumer prices)
- Coverage
- 11 countries in Oceania
- Data year
- 2025
- Last updated
- 2026-11-14
Full ranking
| Rank | Country | Inflation rate (% per year (consumer prices)) | Year |
|---|---|---|---|
| 1 | Kiribati | 6.51 | 2025 |
| 2 | Tonga | 5.59 | 2025 |
| 3 | Micronesia, Fed. Sts. | 5.41 | 2022 |
| 4 | Papua New Guinea | 4.42 | 2025 |
| 5 | Solomon Islands | 3.36 | 2025 |
| 6 | Australia | 2.87 | 2025 |
| 7 | New Zealand | 2.84 | 2025 |
| 8 | Samoa | 2.21 | 2025 |
| 9 | Vanuatu | 0.656 | 2025 |
| 10 | Palau | -0.418 | 2025 |
| 11 | Fiji | -1.38 | 2025 |
About the top 10
#1 Kiribati
Kiribati ranks #1 on this list with 6.51% per year (consumer prices).
- Capital
- South Tarawa
- Continent
- Oceania
- Income group
- Lower middle income
- Population
- 136,490 people (2025)
- GDP
- US$349.23 million (2025)
- GDP per person
- US$2,559 (2025)
- Life expectancy
- 66.6 years (2024)
- Urban population
- 63.4% of population (2025)
Also ranks #1 in education expenditure share of gdp · #2 in government revenue share of gdp · #3 in income share of poorest 10%.
#2 Tonga
Tonga ranks #2 on this list with 5.59% per year (consumer prices).
- Capital
- Nukuʻalofa
- Continent
- Oceania
- Income group
- Upper middle income
- Population
- 103,740 people (2025)
- GDP
- US$679.22 million (2025)
- GDP per person
- US$6,547 (2025)
- Life expectancy
- 73.1 years (2024)
- Urban population
- 21.2% of population (2025)
Also ranks #7 in rural population share · #10 in completion rate (primary) · #11 in income share of poorest 10%.
#3 Micronesia, Fed. Sts.
Micronesia, Fed. Sts. ranks #3 on this list with 5.41% per year (consumer prices) (2022).
- Capital
- Palikir
- Continent
- Oceania
- Income group
- Upper middle income
- Population
- 113,680 people (2025)
- GDP
- US$501.8 million (2025)
- GDP per person
- US$4,414 (2025)
- Life expectancy
- 67.4 years (2024)
- Urban population
- 22.5% of population (2025)
Also ranks #1 in forest area share · #3 in education expenditure share of gdp · #7 in health expenditure share of gdp.
#4 Papua New Guinea
Papua New Guinea ranks #4 on this list with 4.42% per year (consumer prices).
- Capital
- Port Moresby
- Continent
- Oceania
- Income group
- Lower middle income
- Population
- 10.76 million people (2025)
- GDP
- US$32.5 billion (2025)
- GDP per person
- US$3,020 (2025)
- Life expectancy
- 66.3 years (2024)
- Urban population
- 15.8% of population (2025)
Also ranks #2 in rural population share · #5 in water resources per capita · #6 in smoking prevalence.
#5 Solomon Islands
Solomon Islands ranks #5 on this list with 3.36% per year (consumer prices).
- Capital
- Honiara
- Continent
- Oceania
- Income group
- Lower middle income
- Population
- 838,650 people (2025)
- GDP
- US$1.75 billion (2025)
- GDP per person
- US$2,086 (2025)
- Life expectancy
- 70.7 years (2024)
- Urban population
- 31.3% of population (2025)
Also ranks #1 in forest rents share of gdp · #2 in female labour force participation · #3 in labour force participation rate.
#6 Australia
Australia ranks #6 on this list with 2.87% per year (consumer prices).
- Capital
- Canberra
- Continent
- Oceania
- Income group
- High income
- Population
- 27.61 million people (2025)
- GDP
- US$1.8 trillion (2025)
- GDP per person
- US$65,130 (2025)
- Life expectancy
- 83.1 years (2024)
- Urban population
- 87.7% of population (2025)
Largest cities: Sydney, Melbourne, Brisbane.
Also ranks #2 in regulatory quality score · #3 in access to clean cooking fuels · #4 in new businesses registered.
#7 New Zealand
New Zealand ranks #7 on this list with 2.84% per year (consumer prices).
- Capital
- Wellington
- Continent
- Oceania
- Income group
- High income
- Population
- 5.32 million people (2025)
- GDP
- US$264.06 billion (2025)
- GDP per person
- US$49,591 (2025)
- Life expectancy
- 82 years (2024)
- Urban population
- 84% of population (2025)
Largest cities: Auckland.
Also ranks #3 in voice and accountability score · #4 in tax revenue share of gdp · #4 in control of corruption score.
#8 Samoa
Samoa ranks #8 on this list with 2.21% per year (consumer prices).
- Capital
- Apia
- Continent
- Oceania
- Income group
- Upper middle income
- Population
- 219,310 people (2025)
- GDP
- US$1.29 billion (2025)
- GDP per person
- US$5,873 (2025)
- Life expectancy
- 71.8 years (2024)
- Urban population
- 17.5% of population (2025)
Also ranks #3 in rural population share · #4 in diabetes prevalence · #16 in age dependency ratio.
#9 Vanuatu
Vanuatu ranks #9 on this list with 0.656% per year (consumer prices).
- Capital
- Port Vila
- Continent
- Oceania
- Income group
- Lower middle income
- Population
- 335,170 people (2025)
- GDP
- US$1.35 billion (2025)
- GDP per person
- US$4,039 (2025)
- Life expectancy
- 71.7 years (2024)
- Urban population
- 22.3% of population (2025)
Also ranks #6 in school enrolment (secondary) · #6 in completion rate (primary) · #9 in rural population share.
#10 Palau
Palau ranks #10 on this list with -0.418% per year (consumer prices).
- Capital
- Ngerulmud
- Continent
- Oceania
- Income group
- High income
- Population
- 17,663 people (2025)
- GDP
- US$345 million (2025)
- GDP per person
- US$19,532 (2025)
- Life expectancy
- 69.4 years (2024)
- Urban population
- 79.3% of population (2025)
Also ranks #1 in co2 emissions per capita · #2 in protected marine area share · #4 in forest area share.
Profile facts: World Bank (CC BY 4.0) and Wikidata (CC0); weather links go to Purr Weather, another ChowChow Labs site.
Source and method
Inflation rate: each country's latest value (2020–2025), ranked from highest to lowest.
Source: The World Bank, indicator FP.CPI.TOTL.ZG. Licence: CC BY 4.0. Retrieved: 2026-11-14.
The World Bank: Inflation, consumer prices (annual %): International Financial Statistics database, International Monetary Fund (IMF) (via World Development Indicators)
Original data provider, as recorded by the World Bank: International Financial Statistics database, International Monetary Fund (IMF).
Values are shown as published. Provider terms: The World Bank. All licences: Sources & licences.