Inflation, CPI (Average) in Maldives

Source: World Bank, National Statistical Office, IMF estimates (Oct 2020)
Last Updated: Feb 8, 2021

Average inflation measured by CPI reached 1.31 % in 2019 in Maldives, according to the National Statistical Office. This is 4.24 % less than in the previous year.

Historically, average inflation measured by CPI in Maldives reached an all time high of 27.9 % in 1980 and an all time low of -9.16 % in 1985. When compared to Maldives's main peers, average inflation measured by CPI in India amounted to 4.76 %, 2.82 % in Indonesia, 0.565 % in Singapore and 4.30 % in Sri Lanka in 2019.

Maldives has been ranked 122nd within the group of 175 countries we follow in terms of average inflation measured by CPI, 54 places behind the position seen 10 years ago.

Inflation as measured by the consumer price index (CPI) reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly.

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