Maldives inflation rate for 2023 was 2.93%, a 0.59% increase from 2022.
Maldives inflation rate for 2022 was 2.33%, a 1.79% increase from 2021.
Maldives inflation rate for 2021 was 0.54%, a 1.91% increase from 2020.
Maldives inflation rate for 2020 was -1.37%, a 1.59% decline from 2019.
Inflation as measured by the consumer price index 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. The Laspeyres formula is generally used.