Inflation Maldives 2021
Average inflation: 0.5%
Current Inflation
Inflation is very low at 0.5%, well below the ECB target.
Peak and Trough
The highest inflation was in April at 3.3%. The lowest inflation was in February at -1.0%.
- Highest month
- April: 3.3%
- Lowest month
- February: -1.0%
- Difference
- 4.3 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 1.8%. The lowest price increase was in Energy with an average of 1.1%.
- Highest increase
- Food: 1.8%
- Lowest increase
- Energy: 1.1%
Historical Context
Current inflation is around the 5-year average of 0.4%.
- 5-year average
- 0.4%
- 10-year average
- 2%
- All-time high (2008)
- 12%
- All-time low (2004)
- -1.7%
Trend
Inflation has remained relatively stable. Compared to 2020, the difference is minimal (+1.9 percentage point).
- Change vs. previous year
- +1.9 percentage points
- Largest monthly swing
- April: +6.9 percentage points
ECB Target
Inflation is 1.5% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.
Purchasing Power
At this inflation rate, purchasing power gradually decreases. The impact on daily expenses is relatively limited.
What you could buy for €100 this year will cost approximately €100.50 next year at this inflation rate.
Multi-year trend
Monthly figures 2021
Month overview
| Month | Inflation | Difference vs. 2020 |
|---|---|---|
| January | -0.9% | -2.1 |
| February | -1.0% | -1.9 |
| March | -0.1% | -0.1 |
| April | 3.3% | +6.9 |
| May | 2.7% | +6.6 |
| June | 0.9% | +5.4 |
| July | 0.9% | +2.0 |
| August | 0.4% | +1.6 |
| September | 0.1% | +1.0 |
| October | 0.1% | +1.2 |
| November | 0.1% | +1.0 |
| December | 0.0% | +1.3 |
| Average | 0.5% |
Data source
Data from WorldBank. Last updated: 06/01/2026.