Annual growth of households and NPISHs final consumption expenditure in Maldives
Maldives: Annual growth of households and NPISHs final consumption expenditure was 7.5% in 2024. ◆ Volatile
Annual growth of households and NPISHs final consumption expenditure in Maldives, 2015–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2024, annual growth of households and npishs final consumption expenditure in Maldives stood at 7.5%.
Compared with earlier readings it is down 34.3% on the previous year and up 445.6% over ten years.
Over the whole period, annual growth of households and npishs final consumption expenditure in Maldives peaked at 15.1% in 2022 and was at its lowest, -15.9%, in 2020.
Maldives ranks 26th of 186 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of households and NPISHs final consumption expenditure in Maldives, year by year
| Year | % | Change |
|---|---|---|
| 2015 | 1.4% | — |
| 2016 | 12.6% | +823.8% |
| 2017 | 12.8% | +1.2% |
| 2018 | 10.3% | -19.3% |
| 2019 | 7.0% | -32.0% |
| 2020 | -15.9% | -326.5% |
| 2021 | 9.3% | -158.7% |
| 2022 | 15.1% | +62.1% |
| 2023 | 11.3% | -25.0% |
| 2024 | 7.5% | -34.3% |
Maldives compared with similar countries
- Maldives's 7.5% is above the median for upper middle income countries, which is 4.5%, 1.7× the median. (46 countries reporting)
- Maldives's 7.5% is above the median for South Asia, which is 6.6%, 1.1× the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 8.8% | 1.4% | 12.8% | 5 |
| 2020s | 5.5% | -15.9% | 15.1% | 5 |
Countries ranked near Maldives
More economy & growth data for Maldives
- Real gdp growth, annual growth rate -39.81 % change on previous year (2024)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.5 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.5 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 29.4 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0001 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1.08 units per person (2025)
- SDRs holdings, SDR, annual growth rate 23.22 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0001 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.7869 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is annual growth of households and npishs final consumption expenditure in Maldives?
- Annual growth of households and npishs final consumption expenditure in Maldives was 7.5% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of households and npishs final consumption expenditure recorded in Maldives?
- The highest recorded value was 15.1% in 2022.
- What is the lowest annual growth of households and npishs final consumption expenditure recorded in Maldives?
- The lowest recorded value was -15.9% in 2020.
- How does Maldives rank for annual growth of households and npishs final consumption expenditure?
- Maldives ranks 26th out of 186 countries with data for 2024.
- Is annual growth of households and npishs final consumption expenditure rising or falling in Maldives?
- Over the last ten years it is up 445.6%. The long-run trend across the full record is volatile.
- Where does this Maldives data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of households and NPISHs final consumption expenditure (%). Statizoid updates them automatically from the source API.
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