Inflation Maldives 1997

Average inflation: 7.6%

Current Inflation

Inflation is very high at 7.6%, far above the ECB target.

Peak and Trough

The highest inflation was in January at 16.3%. The lowest inflation was in June at -1.2%.

Highest month
January: 16.3%
Lowest month
June: -1.2%
Difference
17.5 percentage points
Months with data
12 of 12

Historical Context

Current inflation is 1.3% lower than the 5-year average of 8.9%.

5-year average
8.9%
10-year average
10.2%
All-time high (1993)
20.7%
All-time low (1994)
3.7%

Trend

Inflation shows an upward trend. Compared to 1996, inflation has risen by +1.2 percentage point.

Change vs. previous year
+1.2 percentage points
Largest monthly swing
January: +10.9 percentage points

ECB Target

Inflation is 5.6% 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 €107.60 next year at this inflation rate.

Multi-year trend

Monthly figures 1997

Month overview

Month Inflation Difference vs. 1996
January 16.3% +10.9
February 6.4% +7.5
March 11.1% +10.7
April 3.5% -1.2
May 11.7% -4.9
June -1.2% -8.1
July 7.8% +0.6
August 4.2% -0.8
September 5.5% -1.4
October 8.6% +0.8
November 4.7% -4.3
December 12.7% +4.6
Average 7.6%

Data source

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

See also