Inflation Maldives 1989

Average inflation: 7.4%

Current Inflation

Inflation is very high at 7.4%, far above the ECB target.

Peak and Trough

The highest inflation was in January at 15.9%. The lowest inflation was in August at -2.9%.

Highest month
January: 15.9%
Lowest month
August: -2.9%
Difference
18.8 percentage points
Months with data
12 of 12

Historical Context

Current inflation is 1.2% lower than the 5-year average of 8.6%. This approaches the lowest level since records began (7.3% in 1988).

5-year average
8.6%
10-year average
8.6%
All-time high (1987)
9.9%
All-time low (1988)
7.3%

Trend

Inflation shows a downward trend. Compared to 1988, inflation has fallen by +0.1 percentage point.

Change vs. previous year
+0.1 percentage points
Largest monthly swing
November: +28.6 percentage points

ECB Target

Inflation is 5.4% 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 €107.40 next year at this inflation rate.

Multi-year trend

Monthly figures 1989

Month overview

Month Inflation Difference vs. 1988
January 15.9% +21.0
February 10.1% +11.2
March 0.8% -20.2
April 2.4% -9.2
May 12.3% +2.8
June 11.6% +0.5
July 6.0% -11.5
August -2.9% -27.0
September 1.4% -4.5
October 15.0% +18.4
November 14.4% +28.6
December 2.2% -8.4
Average 7.4%

Data source

Data from WorldBank. Last updated: 06/01/2026.

See also