Maldives Inflation Rate 1986-2024

Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
  • Maldives inflation rate for 2022 was 2.33%, a 1.79% increase from 2021.
  • Maldives inflation rate for 2021 was 0.54%, a 1.91% increase from 2020.
  • Maldives inflation rate for 2020 was -1.37%, a 1.59% decline from 2019.
  • Maldives inflation rate for 2019 was 0.22%, a 0.35% increase from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Turkey 72.31%
Suriname 52.45%
Bulgaria 15.33%
Belarus 15.21%
North Macedonia 14.20%
Bosnia 14.02%
Azerbaijan 13.85%
Romania 13.80%
Montenegro 13.04%
Serbia 11.98%
Botswana 11.67%
Tonga 10.97%
Samoa 10.96%
Mauritius 10.77%
Jamaica 10.35%
Colombia 10.18%
Paraguay 9.77%
Brazil 9.28%
Algeria 9.27%
Dominican Republic 8.81%
Armenia 8.64%
Peru 8.33%
Costa Rica 8.27%
Mexico 7.90%
South Africa 7.04%
Guatemala 6.89%
Albania 6.73%
St. Lucia 6.38%
Namibia 6.08%
Thailand 6.08%
St. Vincent and the Grenadines 5.66%
Iraq 4.99%
Equatorial Guinea 4.79%
Fiji 4.52%
Gabon 4.23%
Jordan 4.23%
Ecuador 3.47%
Malaysia 3.38%
Maldives 2.33%
China 1.97%
Maldives Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2022 2.33% 1.79%
2021 0.54% 1.91%
2020 -1.37% -1.59%
2019 0.22% 0.35%
2018 -0.13% -2.95%
2017 2.82% 2.32%
2016 0.50% -0.45%
2015 0.95% -1.17%
2014 2.12% -1.69%
2013 3.81% -7.08%
2012 10.88% -0.39%
2011 11.27% 5.12%
2010 6.15% 1.62%
2009 4.53% -7.51%
2008 12.04% 5.25%
2007 6.79% 4.06%
2006 2.74% 1.44%
2005 1.30% 2.99%
2004 -1.69% -0.42%
2003 -1.26% -5.44%
2002 4.18% 3.51%
2001 0.67% 1.85%
2000 -1.17% -4.13%
1999 2.95% 4.36%
1998 -1.40% -8.98%
1997 7.57% 1.33%
1996 6.24% 0.75%
1995 5.49% 2.10%
1994 3.39% -16.74%
1993 20.13% 3.27%
1992 16.86% 2.14%
1991 14.71% 11.06%
1990 3.65% -3.52%
1989 7.17% 0.71%
1988 6.46% -3.25%
1987 9.70% -0.02%
1986 9.72% -0.02%