Inflation Maldives 1994
Average inflation: 3.7%
Current Inflation
Inflation is high at 3.7%, well above the ECB target.
Peak and Trough
The highest inflation was in December at 29.9%. The lowest inflation was in June at -6.8%.
- Highest month
- December: 29.9%
- Lowest month
- June: -6.8%
- Difference
- 36.7 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is 8.3% lower than the 5-year average of 12.0%. This approaches the lowest level since records began (3.6% in 1990).
- 5-year average
- 12%
- 10-year average
- 10.5%
- All-time high (1993)
- 20.7%
- All-time low (1990)
- 3.6%
Trend
Inflation shows a downward trend. Compared to 1993, inflation has fallen by +17.0 percentage point.
- Change vs. previous year
- -17.0 percentage points
- Largest monthly swing
- April: -38.7 percentage points
ECB Target
Inflation is 1.7% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.
What you could buy for MVR 100 this year will cost approximately MVR 103.70 next year at this inflation rate.
Multi-year trend
Monthly figures 1994
Month overview
| Month | Inflation | Difference vs. 1993 |
|---|---|---|
| January | -3.7% | -24.0 |
| February | -0.1% | -33.8 |
| March | 8.3% | -12.3 |
| April | -3.8% | -38.7 |
| May | -1.4% | -29.4 |
| June | -6.8% | -16.1 |
| July | 5.9% | +2.8 |
| August | 9.2% | -2.6 |
| September | -2.1% | -33.6 |
| October | 3.9% | -8.1 |
| November | 5.0% | -17.9 |
| December | 29.9% | +9.7 |
| Average | 3.7% |
Data source
Data from WorldBank. Last updated: 06/01/2026.