Inflation Maldives 1996

Average inflation: 6.4%

Current Inflation

Inflation is very high at 6.4%, far above the ECB target.

Peak and Trough

The highest inflation was in May at 16.6%. The lowest inflation was in February at -1.1%.

Highest month
May: 16.6%
Lowest month
February: -1.1%
Difference
17.7 percentage points
Months with data
12 of 12

Historical Context

Current inflation is 4.3% lower than the 5-year average of 10.7%.

5-year average
10.7%
10-year average
9.7%
All-time high (1993)
20.7%
All-time low (1990)
3.6%

Trend

Inflation shows an upward trend. Compared to 1995, inflation has risen by +0.5 percentage point.

Change vs. previous year
+0.5 percentage points
Largest monthly swing
May: +25.0 percentage points

ECB Target

Inflation is 4.4% 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 €106.40 next year at this inflation rate.

Multi-year trend

Monthly figures 1996

Month overview

Month Inflation Difference vs. 1995
January 5.4% -0.5
February -1.1% -14.7
March 0.4% -5.0
April 4.7% -6.2
May 16.6% +25.0
June 6.9% -0.9
July 7.2% -2.3
August 5.0% -4.2
September 6.9% -4.7
October 7.8% -2.5
November 9.0% +0.9
December 8.1% +20.7
Average 6.4%

Data source

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

See also