Inflation Maldives 1988
Average inflation: 7.3%
Current Inflation
Inflation is very high at 7.3%, far above the ECB target.
Peak and Trough
The highest inflation was in August at 24.1%. The lowest inflation was in November at -14.2%.
- Highest month
- August: 24.1%
- Lowest month
- November: -14.2%
- Difference
- 38.3 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is 1.7% lower than the 5-year average of 9.0%. This approaches the lowest level since records began (7.3% in 1988).
- 5-year average
- 9%
- 10-year average
- 9%
- All-time high (1987)
- 9.9%
- All-time low (1988)
- 7.3%
Trend
Inflation shows a downward trend. Compared to 1987, inflation has fallen by +2.6 percentage point.
- Change vs. previous year
- -2.6 percentage points
- Largest monthly swing
- November: -43.3 percentage points
ECB Target
Inflation is 5.3% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.
What you could buy for €100 this year will cost approximately €107.30 next year at this inflation rate.
Multi-year trend
Monthly figures 1988
Month overview
| Month | Inflation | Difference vs. 1987 |
|---|---|---|
| January | -5.1% | -23.4 |
| February | -1.1% | -17.9 |
| March | 21.0% | +26.3 |
| April | 11.6% | +4.7 |
| May | 9.5% | +3.9 |
| June | 11.1% | +3.0 |
| July | 17.5% | +15.9 |
| August | 24.1% | +19.8 |
| September | 5.9% | +7.5 |
| October | -3.4% | -17.5 |
| November | -14.2% | -43.3 |
| December | 10.6% | -10.6 |
| Average | 7.3% |
Data source
Data from WorldBank. Last updated: 06/01/2026.