Climate Hazards Group InfraRed Precipitation with Station data version 3 (CHIRPS v3)is a 1981-present, land-only, high resolution 0.05° gridded precipitation dataset. It combines thermal-infrared geostationary satellite-based estimates (CHIRP3), in situ observations from global, regional, and national meteorological networks, and a high-resolution climatology (CHPclim2). CHIRPS v3 spans 60°N-60°S and all longitudes. Released in early 2025, CHIRPS v3 incorporates multiple improvements from its predecessor CHIRPS v2, including increased data sources, improved estimation of precipitation variance, and a improved climatology estimate.