Inflation Maldives 2020
Average inflation: -1.4%
Current Inflation
There is deflation with consumer prices declining by 1.4%.
Peak and Trough
The highest inflation was in January at 1.2%. The lowest inflation was in June at -4.5%.
- Highest month
- January: 1.2%
- Lowest month
- June: -4.5%
- Difference
- 5.7 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 2.7%. The lowest price increase was in Energy with an average of -4.7%.
- Highest increase
- Food: 2.7%
- Lowest increase
- Energy: -4.7%
Historical Context
Current inflation is 1.8% lower than the 5-year average of 0.4%.
- 5-year average
- 0.4%
- 10-year average
- 3.1%
- All-time high (2008)
- 12%
- All-time low (2004)
- -1.7%
Trend
Inflation shows a downward trend. Compared to 2019, inflation has fallen by +1.6 percentage point.
- Change vs. previous year
- -1.6 percentage points
- Largest monthly swing
- June: -6.1 percentage points
ECB Target
Inflation is 3.4% 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 €98.60 next year at this inflation rate.
Multi-year trend
Monthly figures 2020
Month overview
| Month | Inflation | Difference vs. 2019 |
|---|---|---|
| January | 1.2% | +2.5 |
| February | 0.9% | +2.1 |
| March | 0.0% | +1.2 |
| April | -3.6% | -4.5 |
| May | -3.9% | -5.4 |
| June | -4.5% | -6.1 |
| July | -1.1% | -1.4 |
| August | -1.2% | -0.8 |
| September | -0.9% | -0.9 |
| October | -1.1% | -1.9 |
| November | -0.9% | -1.4 |
| December | -1.3% | -2.6 |
| Average | -1.4% |
Data source
Data from WorldBank. Last updated: 06/01/2026.