Inflation Maldives 1993
Average inflation: 20.7%
Current Inflation
Inflation is very high at 20.7%, far above the ECB target.
Peak and Trough
The highest inflation was in April at 34.9%. The lowest inflation was in July at 3.1%.
- Highest month
- April: 34.9%
- Lowest month
- July: 3.1%
- Difference
- 31.8 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is 7.9% higher than the 5-year average of 12.8%. This approaches the highest level since records began (20.7% in 1993).
- 5-year average
- 12.8%
- 10-year average
- 11.4%
- All-time high (1993)
- 20.7%
- All-time low (1990)
- 3.6%
Trend
Inflation shows an upward trend. Compared to 1992, inflation has risen by +3.7 percentage point.
- Change vs. previous year
- +3.7 percentage points
- Largest monthly swing
- April: +24.9 percentage points
ECB Target
Inflation is 18.7% 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 €120.70 next year at this inflation rate.
Multi-year trend
Monthly figures 1993
Month overview
| Month | Inflation | Difference vs. 1992 |
|---|---|---|
| January | 20.3% | -17.0 |
| February | 33.7% | +21.9 |
| March | 20.6% | +8.2 |
| April | 34.9% | +24.9 |
| May | 28.0% | +14.3 |
| June | 9.3% | -20.4 |
| July | 3.1% | -18.0 |
| August | 11.8% | -9.9 |
| September | 31.5% | +23.5 |
| October | 12.0% | -9.2 |
| November | 22.9% | +18.4 |
| December | 20.2% | +7.7 |
| Average | 20.7% |
Data source
Data from WorldBank. Last updated: 06/01/2026.