Inflation Maldives 1998
Average inflation: -1.3%
Current Inflation
There is deflation with consumer prices declining by 1.3%.
Peak and Trough
The highest inflation was in February at 6.4%. The lowest inflation was in December at -9.3%.
- Highest month
- February: 6.4%
- Lowest month
- December: -9.3%
- Difference
- 15.7 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is 5.8% lower than the 5-year average of 4.5%.
- 5-year average
- 4.5%
- 10-year average
- 8.6%
- All-time high (1993)
- 20.7%
- All-time low (1998)
- -1.3%
Trend
Inflation shows a downward trend. Compared to 1997, inflation has fallen by +8.9 percentage point.
- Change vs. previous year
- -8.9 percentage points
- Largest monthly swing
- December: -22.0 percentage points
ECB Target
Inflation is 3.3% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.
Purchasing Power
Due to deflation, purchasing power increases. Money becomes more valuable instead of less.
What you could buy for €100 this year will cost approximately €98.70 next year at this inflation rate.
Multi-year trend
Monthly figures 1998
Month overview
| Month | Inflation | Difference vs. 1997 |
|---|---|---|
| January | -4.8% | -21.1 |
| February | 6.4% | 0.0 |
| March | -2.8% | -13.9 |
| April | 2.1% | -1.4 |
| May | -6.4% | -18.1 |
| June | 5.5% | +6.7 |
| July | 0.0% | -7.8 |
| August | -0.3% | -4.5 |
| September | -0.9% | -6.4 |
| October | -5.2% | -13.8 |
| November | 0.5% | -4.2 |
| December | -9.3% | -22.0 |
| Average | -1.3% |
Data source
Data from WorldBank. Last updated: 06/01/2026.