Inflation Maldives 2017
Average inflation: 2.8%
Current Inflation
Inflation is normal at 2.8%, around the ECB target.
Peak and Trough
The highest inflation was in May at 4.6%. The lowest inflation was in November at 0.6%.
- Highest month
- May: 4.6%
- Lowest month
- November: 0.6%
- Difference
- 4.0 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 5.7%. The lowest price increase was in Energy with an average of 1.3%.
- Highest increase
- Food: 5.7%
- Lowest increase
- Energy: 1.3%
Historical Context
Current inflation is 0.8% higher than the 5-year average of 2.0%.
- 5-year average
- 2%
- 10-year average
- 5.5%
- All-time high (2008)
- 12%
- All-time low (2004)
- -1.7%
Trend
Inflation shows an upward trend. Compared to 2016, inflation has risen by +2.3 percentage point.
- Change vs. previous year
- +2.3 percentage points
- Largest monthly swing
- May: +4.8 percentage points
ECB Target
Inflation is 0.8% 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 €100 this year will cost approximately €102.80 next year at this inflation rate.
Multi-year trend
Monthly figures 2017
Month overview
| Month | Inflation | Difference vs. 2016 |
|---|---|---|
| January | 2.9% | +1.9 |
| February | 3.1% | +2.0 |
| March | 4.3% | +3.6 |
| April | 4.5% | +4.7 |
| May | 4.6% | +4.8 |
| June | 3.4% | +4.2 |
| July | 3.0% | +3.4 |
| August | 2.7% | +3.3 |
| September | 2.9% | +3.1 |
| October | 0.7% | -1.0 |
| November | 0.6% | -0.9 |
| December | 1.3% | -1.0 |
| Average | 2.8% |
Data source
Data from WorldBank. Last updated: 06/01/2026.