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Maldives

Headline economic indicators for Maldives, with the most recent official readings.

Prices

Prices — Maldives
Indicator Value Change
Inflation rate · 4.0% +2.59 (+183.9%)
Consumer price index · 150.4 +5.79 (+4.0%)
GDP deflator inflation · 3.3% +0.22 (+7.2%)

GDP

GDP — Maldives
Indicator Value Change
GDP growth rate · 6.3% +2.82 (+80.6%)
GDP per capita · 14,614.72 +1,235 (+9.2%)
GDP · 7,741,066,860.63 +679,458,593 (+9.6%)
GDP, PPP · 15,124,842,335 +1,285,526,189 (+9.3%)
GDP per capita, PPP · 28,555 +2,334 (+8.9%)
GDP per capita growth · 5.9% +2.79 (+89.0%)
GNI per capita · 12,950 +1,410 (+12.2%)
Agriculture to GDP · 4.6% +0.75 (+19.5%)
Industry to GDP · 9.3% +0.13 (+1.4%)
Manufacturing to GDP · 1.8% +0.21 (+13.2%)
Services to GDP · 69.9% -2.24 (-3.1%)
Household consumption to GDP · 51.8% +0.62 (+1.2%)
Gross capital formation to GDP · 30.8% -2.26 (-6.8%)
Gross savings to GDP · 11.2% -1.03 (-8.4%)

Labour

Labour — Maldives
Indicator Value Change
Unemployment rate · 4.5% +0.24 (+5.5%)
Labour force participation rate · 63.5% +0.30 (+0.5%)
Female labour force participation rate · 40.7% +0.28 (+0.7%)
Youth unemployment rate · 15.7% +0.89 (+6.0%)
Employment to population ratio · 60.6% +0.13 (+0.2%)
Employment in agriculture · 11.3% -0.33 (-2.8%)
Employment in industry · 16.9% -0.00 (-0.0%)
Employment in services · 71.8% +0.33 (+0.5%)

Money

Money — Maldives
Indicator Value Change
Real interest rate · 8.1% -0.15 (-1.9%)
Broad money to GDP · 60.2% +5.75 (+10.6%)
Private sector credit to GDP · 36.4% +0.71 (+2.0%)
Lending rate · 11.6% +0.08 (+0.7%)
Bank deposit rate · 3.6% -0.17 (-4.5%)
Bank nonperforming loans · 5.7% -0.20 (-3.4%)
Official exchange rate · 15.42 +0.03 (+0.2%)

Trade

Trade — Maldives
Indicator Value Change
Current account to GDP · -6.2% +12.38 (+66.8%)
Exports to GDP · 78.2% +4.17 (+5.6%)
Imports to GDP · 78.3% +2.95 (+3.9%)
Trade to GDP · 156.5% +7.12 (+4.8%)
Exports of goods and services · 5,523,181,581.42 +620,737,174 (+12.7%)
Imports of goods and services · 5,526,396,213.29 +540,365,699 (+10.8%)
Trade balance, goods and services (annual) · 949,747,843.86 +877,352,748 (+1,211.9%)
Current account balance (annual) · -476,233,293.59 +832,331,549 (+63.6%)
Foreign direct investment to GDP · 11.1% -0.34 (-3.0%)
Remittances received to GDP · 0.1% -0.00 (-4.2%)
Total reserves, including gold · 984,573,591.71 +310,687,679 (+46.1%)
Reserves in months of imports · 1.9 +0.63 (+48.2%)
External debt to GNI · 75.6% +7.00 (+10.2%)

Government

Government — Maldives
Indicator Value Change
Government debt to GDP · 57.3% +2.41 (+4.4%)
Government revenue to GDP · 24.8% +0.07 (+0.3%)
Government expense to GDP · 29.5% -5.87 (-16.6%)
Tax revenue to GDP · 19.5% -0.66 (-3.3%)
Government budget balance to GDP · -10.1% +7.76 (+43.3%)
Government consumption to GDP · 17.5% +0.42 (+2.5%)
Education spending to GDP · 5.2% +0.49 (+10.6%)
Health spending to GDP · 9.2% +1.75 (+23.3%)

Demography

Demography — Maldives
Indicator Value Change
Population · 529,676 +1,877 (+0.4%)
Population growth · 0.4% +0.01 (+3.6%)
Life expectancy · 81.3 +0.24 (+0.3%)
Fertility rate · 1.56 -0.01 (-1.0%)
Birth rate · 10.6 -0.43 (-3.9%)
Death rate · 2.4 +0.03 (+1.1%)
Urban population share · 42.5% +0.51 (+1.2%)
Population aged 65 and over · 5.0% +0.32 (+6.9%)
Under-five mortality rate · 5.4 -0.30 (-5.3%)
Population density · 1,771.1 +6.06 (+0.3%)
Net migration · -2,283 +138.00 (+5.7%)
Gini index · 29.3 -2.00 (-6.4%)

Economies nearby

Comparable readings from neighbouring economies.