Maldives: Inflation, GDP deflator (annual %)
In , Maldives's Inflation, GDP deflator (annual %) was 3.07.
That's up 43.5% from 2023, the highest value since .
The global average for this indicator in 2024 was 13.69 . Maldives ranks #122 globally out of 193 reporting countries. Within South Asia, it ranks #4 of 5.
Source: World Bank Open Data (NY.GDP.DEFL.KD.ZG) • Data as of 2024
Trend (2005–2024)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- 12.64
- Trough
- -3.37
- 1-year change
- +43.5%
- 5-year change
- +418.6%
- 10-year change
- -25.6%
- -2.9% / yr
Historical Data — Last 10 Years
| Year | Inflation, GDP deflator (annual %) |
|---|---|
| 3.0696 | |
| 2.1386 | |
| 3.4130 | |
| 2.8287 | |
| -3.3653 | |
| -0.9634 | |
| 3.3764 | |
| 2.1246 | |
| 0.4044 | |
| 7.4305 |
About Inflation, GDP deflator (annual %)
Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.
Indicator code: NY.GDP.DEFL.KD.ZG • Category: Economy
Frequently asked questions
- What was Maldives's Inflation, GDP deflator (annual %) in 2024?
- In 2024, Maldives's Inflation, GDP deflator (annual %) was 3.07, according to World Bank Open Data.
- Is Maldives's Inflation, GDP deflator (annual %) rising or falling?
- Maldives's Inflation, GDP deflator (annual %) rose 43.5% from 2023 to 2024.
- How does Maldives rank globally on Inflation, GDP deflator (annual %)?
- In 2024, Maldives ranked #122 out of 193 countries reporting Inflation, GDP deflator (annual %).
- How does Maldives's Inflation, GDP deflator (annual %) compare to the world average?
- The global average for Inflation, GDP deflator (annual %) in 2024 was 13.69, so Maldives is below the world average. Within South Asia, it ranks #4 of 5.
- What is Inflation, GDP deflator (annual %) and how is it measured?
- Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.
Source: World Bank Open Data (NY.GDP.DEFL.KD.ZG), CC BY 4.0.