Inflation Maldives 2003
Average inflation: -1.3%
Current Inflation
There is deflation with consumer prices declining by 1.3%.
Peak and Trough
The highest inflation was in September at 0.6%. The lowest inflation was in February at -2.8%.
- Highest month
- September: 0.6%
- Lowest month
- February: -2.8%
- Difference
- 3.4 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of -0.9%. The lowest price increase was in Food with an average of -5.8%.
- Highest increase
- Energy: -0.9%
- Lowest increase
- Food: -5.8%
Historical Context
Current inflation is 2.5% lower than the 5-year average of 1.2%.
- 5-year average
- 1.2%
- 10-year average
- 2.8%
- All-time high (1993)
- 20.7%
- All-time low (2003)
- -1.3%
Trend
Inflation shows a downward trend. Compared to 2002, inflation has fallen by +5.6 percentage point.
- Change vs. previous year
- -5.6 percentage points
- Largest monthly swing
- January: -13.9 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 2003
Month overview
| Month | Inflation | Difference vs. 2002 |
|---|---|---|
| January | -2.7% | -13.9 |
| February | -2.8% | -11.0 |
| March | -1.6% | -9.7 |
| April | -0.2% | -3.7 |
| May | -0.9% | -4.4 |
| June | -1.4% | -1.6 |
| July | -1.0% | -7.1 |
| August | -0.5% | -5.8 |
| September | 0.6% | -0.2 |
| October | 0.6% | -1.8 |
| November | -2.3% | -4.1 |
| December | -2.8% | -2.9 |
| Average | -1.3% |
Data source
Data from WorldBank. Last updated: 06/01/2026.