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Maldives — Inflation

Also known as consumer price inflation, CPI inflation, cost of living increase, rate of price rises.

Inflation, Consumer Prices (Annual %) for Maldives, 1986–2025.

Latest value · 2025
4.01%
Inflation, Consumer Prices (Annual %) · annual % · -58.8% since 1986
Free for any use — attribution is the link itself.

Inflation for Maldives was 4.01% in 2025, according to the latest World Bank data. The series covers 40 years, from 1986 to 2025. The highest recorded value was 20.13% in 1993. The lowest was -1.69% in 2004 (about -2.4× the low point). Across that span the compound annual growth rate works out to -2.25% per year.

Maldives ranks 60 of 187 economies on this measure (1 = highest), putting it in the top 32%. The median for South Asia is 3.56%, so Maldives sits above it. It peaked in 1993 and has fallen 80% since. Over the last decade (2015–2025) the figure moved up 320%. Within South Asia it ranks 2 of 6 economies; Bhutan (3.56%) is just below it. Its sharpest one-year move was down 723% in 2020. That is 211% above this series' own ten-year average.

Data highlights

From its 1986 level: doubled by 1993.

World ranking. Slipped: 46th of 126 in 1986 → 98th of 131 in 1990 → 157th of 163 in 2000 → 48th of 186 in 2010 → 171st of 178 in 2020 → 51st of 169 in 2025.

Adjacent in the latest world ranking (60 of 187): Paraguay (#59) · Jamaica (#61).

Key figures

Latest (2025)
4.01%
First (1986)
9.72%
Change
-58.8%
Highest
20.13%
in 1993
Lowest
-1.69%
in 2004
Average
4.73%
Annual growth (CAGR)
-2.25%
Years of data
40

Recent published years. 2025 — 4.01% · 2024 — 1.41% · 2023 — 2.9% · 2022 — 2.33% · 2021 — 0.54%.

Full history — 1986 to 2025

All 40 published years for this series, most recent first. Years the source does not publish are omitted rather than interpolated.

Maldives — Inflation
Yearannual %Change
20254.01%+2.6 pp
20241.41%-1.5 pp
20232.9%+0.6 pp
20222.33%+1.8 pp
20210.54%+1.9 pp
2020-1.37%-1.6 pp
20190.22%+0.4 pp
2018-0.13%-3.0 pp
20172.82%+2.3 pp
20160.5%-0.5 pp
20150.95%-1.2 pp
20142.12%-1.7 pp
20133.81%-7.1 pp
201210.88%-0.4 pp
201111.27%+5.1 pp
20106.15%+1.6 pp
20094.53%-7.5 pp
200812.04%+5.2 pp
20076.79%+4.1 pp
20062.74%+1.4 pp
20051.3%+3.0 pp
2004-1.69%-0.4 pp
2003-1.26%-5.4 pp
20024.18%+3.5 pp
20010.67%+1.8 pp
2000-1.17%-4.1 pp
19992.95%+4.4 pp
1998-1.4%-9.0 pp
19977.57%+1.3 pp
19966.24%+0.8 pp
19955.49%+2.1 pp
19943.39%-16.7 pp
199320.13%+3.3 pp
199216.86%+2.1 pp
199114.71%+11.1 pp
19903.65%-3.5 pp
19897.17%+0.7 pp
19886.46%-3.2 pp
19879.7%-0.0 pp
19869.72%—
Reading this correctly. Annual percentage change in the cost to the average consumer of acquiring a basket of goods and services. A negative value means deflation. Figures are in annual %. Comparing this series with a different measure of the same concept (for example a nominal figure against a purchasing-power-parity figure) will give misleading results.

Frequently asked questions

What was Maldives’s Inflation in 1987?

9.7% (1987). The full year-by-year table above lists every published year, most recent first.

Are changes in this series measured in percentage points?

Yes. The series is a share expressed in annual %, so year-over-year movements in the Change column are percentage points (pp), not percent.

Is Maldives’s Inflation growing or shrinking?

Between 1986 and 2025 the series was shrinking overall: -58.8% in total — about 2.2% a year compounded.

Where does this data come from?

World Bank Open Data (CC BY-4.0), indicator FP.CPI.TOTL.ZG. Values are reproduced as published; this page only computes summary statistics such as change, CAGR and extremes.

What are the most recent published figures?

The last five published years: 2025: 4.01%; 2024: 1.41%; 2023: 2.9%; 2022: 2.33%; 2021: 0.54%. Earlier years are in the full-history table below.

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Source. World Bank Open Data, indicator FP.CPI.TOTL.ZG — Inflation, Consumer Prices (Annual %). Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.
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