Rankin Inlet is an Inuit hamlet on the Kudlulik Peninsula in Nunavut, Canada. It is the largest hamlet and second-largest settlement in Nunavut, after the territorial capital, Iqaluit. On the northwestern Hudson Bay, between Chesterfield Inlet and Arviat, it is the regional centre for the Kivalliq Region.

Nunavut is the largest and northernmost territory of Canada. It was separated officially from the Northwest Territories on April 1, 1999, via the Nunavut Act and the Nunavut Land Claims Agreement Act, which provided this territory to the Inuit for independent government. The boundaries had been drawn in 1993. The creation of Nunavut resulted in the first major change to Canada's political map in half a century since the province of Newfoundland was admitted in 1949.