Maldives - Inflation, consumer prices (annual %) 1986 - 2022
Maldives's inflation, consumer prices (annual %) is currently 2.33%, according to the most recent World Bank data for the country (2022).
Definition
The consumer price index gauges inflation by indicating the yearly percentage shift in the expenses for an average consumer to procure a collection of goods and services, which could either remain constant or alter at specified periods like annually; typically employing the Laspeyres formula.- Maldives's inflation, consumer prices (annual %) for 2022 was 2.333%, a 329.56% increase from 2021, with a +1 difference.
- In 2021 it was 0.543%, a 139.65% increase from 2020, with a +1 difference.
- In 2020 it was -1.37%, a -722.54% increase from 2019.
- In 2019 it was 0.22%, a 264.97% increase from 2018.
- In 2018 it was -0.133%, a -104.73% increase from 2017.
Measure: Percent
Average, Lowest, and Highest Recorded Values
The average inflation, consumer prices (annual %), value for Maldives is currently 4.8884% (average of years with recorded data) with a lowest recorded value of -1.6854% in 2004 and a highest value of 20.1274% in 1993.
Maldives's Inflation, consumer prices (annual %) - Historical Data
| Year | Inflation, consumer prices (annual %) | Average Growth Rate (%) |
|---|---|---|
| 1986 | 9.722% | |
| 1987 | 9.704% | -0.19% |
| 1988 | 6.456% | -33.47% |
| 1989 | 7.166% | 10.99% |
| 1990 | 3.65% | -49.07% |
| 1991 | 14.714% | 303.12% |
| 1992 | 16.856% | 14.56% |
| 1993 | 20.127% | 19.41% |
| 1994 | 3.386% | -83.18% |
| 1995 | 5.489% | 62.10% |
| 1996 | 6.241% | 13.71% |
| 1997 | 7.573% | 21.34% |
| 1998 | -1.404% | -118.54% |
| 1999 | 2.954% | 310.34% |
| 2000 | -1.175% | -139.77% |
| 2001 | 0.673% | 157.25% |
| 2002 | 4.179% | 521.29% |
| 2003 | -1.261% | -130.17% |
| 2004 | -1.685% | -33.69% |
| 2005 | 1.3% | 177.15% |
| 2006 | 2.738% | 110.60% |
| 2007 | 6.795% | 148.13% |
| 2008 | 12.041% | 77.22% |
| 2009 | 4.53% | -62.38% |
| 2010 | 6.15% | 35.75% |
| 2011 | 11.273% | 83.31% |
| 2012 | 10.885% | -3.45% |
| 2013 | 3.806% | -65.04% |
| 2014 | 2.12% | -44.29% |
| 2015 | 0.953% | -55.04% |
| 2016 | 0.503% | -47.28% |
| 2017 | 2.817% | 460.68% |
| 2018 | -0.133% | -104.73% |
| 2019 | 0.22% | 264.97% |
| 2020 | -1.37% | -722.54% |
| 2021 | 0.543% | 139.65% |
| 2022 | 2.333% | 329.56% |
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Comparison with Countries in the South Asia Region.
Among countries in the same World Bank South Asia (SA) region, Maldives comes in 7th with 2.333% inflation, consumer prices (annual %).
- Within the same region, Sri Lanka comes in 1st with 49.721%, inflation, consumer prices (annual %).
- Pakistan comes in 2nd with 19.874%.
- Bangladesh comes in 3rd with 7.697%.
- India comes in 4th with 6.699%.
- Bhutan comes in 5th with 5.639%.
- Nepal comes in 6th with 4.088%.
- And Afghanistan comes in 8th with 2.302%, inflation, consumer prices (annual %).
Inflation, consumer prices (annual %), Top 8 Countries in the South Asia Region.
Top 8 Countries in the South Asia Region.
| # | Country | Inflation, consumer prices (annual %) | Year |
|---|---|---|---|
| 1 | Sri Lanka | 49.72% | 2022 |
| 2 | Pakistan | 19.87% | 2022 |
| 3 | Bangladesh | 7.70% | 2022 |
| 4 | India | 6.70% | 2022 |
| 5 | Bhutan | 5.64% | 2022 |
| 6 | Nepal | 4.09% | 2021 |
| 7 | Maldives | 2.33% | 2022 |
| 8 | Afghanistan | 2.30% | 2019 |
Comparison with Countries in the Upper middle income Group.
Among countries in the same World Bank Upper middle income (UMI) group, Maldives comes in 46th with 2.333% inflation, consumer prices (annual %).
- Within the same income group, St. Vincent and the Grenadines comes in 36th with 5.66%, inflation, consumer prices (annual %).
- Iraq comes in 37th with 4.995%.
- Equatorial Guinea comes in 38th with 4.787%.
- Fiji comes in 39th with 4.52%.
- Gabon comes in 40th with 4.231%.
- Indonesia comes in 41st with 4.209%.
- Ecuador comes in 42nd with 3.466%.
- Malaysia comes in 43rd with 3.379%.
- Belize comes in 44th with 3.236%.
- Libya comes in 45th with 2.606%.
- China comes in 47th with 1.974%.
- West Bank and Gaza comes in 48th with 1.237%.
- Grenada comes in 49th with 1.22%.
- Tuvalu comes in 50th with 0.501%.
- And Dominica comes in 51st with -0.727%, inflation, consumer prices (annual %).
Inflation, consumer prices (annual %), Top 14 Countries in the Upper middle income Group.
Top 14 Countries in the Upper middle income Group.
| # | Country | Inflation, consumer prices (annual %) | Year |
|---|---|---|---|
| 1 | Venezuela, RB | 254.949% | 2016 |
| 2 | Turkiye | 72.309% | 2022 |
| 3 | Suriname | 52.446% | 2022 |
| 4 | Moldova | 28.737% | 2022 |
| 5 | Bulgaria | 15.325% | 2022 |
| 6 | Belarus | 15.210% | 2022 |
| 7 | North Macedonia | 14.205% | 2022 |
| 8 | Bosnia and Herzegovina | 14.021% | 2022 |
| 9 | Azerbaijan | 13.852% | 2022 |
| 10 | Montenegro | 13.040% | 2022 |
| 11 | Palau | 12.353% | 2022 |
| 12 | Serbia | 11.982% | 2022 |
| 13 | Georgia | 11.898% | 2022 |
| 14 | Botswana | 11.666% | 2022 |