Inflation Maldives 2022
Average inflation: 2.3%
Current Inflation
Inflation is normal at 2.3%, around the ECB target.
Peak and Trough
The highest inflation was in June at 5.2%. The lowest inflation was in January at 0.2%.
- Highest month
- June: 5.2%
- Lowest month
- January: 0.2%
- Difference
- 5.0 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 4.8%. The lowest price increase was in Energy with an average of 1.6%.
- Highest increase
- Food: 4.8%
- Lowest increase
- Energy: 1.6%
Historical Context
Current inflation is 2.0% higher than the 5-year average of 0.3%.
- 5-year average
- 0.3%
- 10-year average
- 0.7%
- All-time high (2017)
- 2.8%
- All-time low (2020)
- -1.4%
Trend
Inflation shows an upward trend. Compared to 2021, inflation has risen by +1.8 percentage point.
- Change vs. previous year
- +1.8 percentage points
- Largest monthly swing
- June: +4.3 percentage points
ECB Target
Inflation is close to the ECB target of 2.0%.
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 €102.30 next year at this inflation rate.
Multi-year trend
Monthly figures 2022
Month overview
| Month | Inflation | Difference vs. 2021 |
|---|---|---|
| January | 0.2% | +1.1 |
| February | 0.6% | +1.6 |
| March | 1.1% | +1.2 |
| April | 1.2% | -2.1 |
| May | 2.5% | -0.2 |
| June | 5.2% | +4.3 |
| July | 2.5% | +1.6 |
| August | 2.6% | +2.2 |
| September | 3.1% | +3.0 |
| October | 2.9% | +2.8 |
| November | 2.8% | +2.7 |
| December | 3.4% | +3.4 |
| Average | 2.3% |
Data source
Data from WorldBank. Last updated: 06/01/2026.