Annual gdp growth in Maldives
Maldives: Annual gdp growth was 4.73 in 2023. ◆ Volatile
Latest (2023)
4.73
Change on year
down 65.8%
World rank
58th
of 211 countries
All-time high
37.51
in 2021
All-time low
-32.91
in 2020
Years of data
24
2000–2023
Annual gdp growth in Maldives, 2000–2023
Source: Our World in Data.
Analysis
Maldives recorded 4.73 for annual gdp growth in 2023.
That represents a change of down 65.8% on the previous year and down 32.0% over ten years.
Over the whole period, annual gdp growth in Maldives peaked at 37.51 in 2021 and was at its lowest, -32.91, in 2020.
Maldives ranks 58th of 211 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.71 | -11.22 | 23.61 | 10 |
| 2010s | 6.61 | 2.36 | 8.67 | 10 |
| 2020s | 5.79 | -32.91 | 37.51 | 4 |
Countries ranked near Maldives
More economy & growth data for Maldives
- External balance on goods and services as a percent of gdp -0.0455 (2024)
- Inflation of consumer prices 4.01 (2025)
- Gdp per capita worldbank constant usd 12,499 (2025)
- Manufacturing value added to gdp 1.79 (2025)
- Gdp worldbank constant usd 6.62 billion (2025)
- Gdp per capita in international and market dollars 12,499 (2025)
- DEC alternative conversion factor 15.42 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -9.52 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) -617.31 million current US$ (2025)
- Taxes less subsidies on products 19.36 billion current LCU (2025)
Frequently asked questions
- What is annual gdp growth in Maldives?
- Annual gdp growth in Maldives was 4.73 in 2023, according to Our World in Data.
- What is the highest annual gdp growth recorded in Maldives?
- The highest recorded value was 37.51 in 2021.
- What is the lowest annual gdp growth recorded in Maldives?
- The lowest recorded value was -32.91 in 2020.
- How does Maldives rank for annual gdp growth?
- Maldives ranks 58th out of 211 countries with data for 2023.
- Is annual gdp growth rising or falling in Maldives?
- Over the last ten years it is down 32.0%. The long-run trend across the full record is volatile.
- Where does this Maldives data come from?
- The figures come from Our World in Data, published as part of Annual gdp growth. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (Our World in Data).