Annual growth of the gross capital formation in Maldives
Maldives: Annual growth of the gross capital formation was 20.4% in 2024. ◆ Volatile
Annual growth of the gross capital formation in Maldives, 2015–2024
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
Maldives recorded 20.4% for annual growth of the gross capital formation in 2024.
Compared with earlier readings it is up 232.8% on the previous year and up 16,900.0% over ten years.
Over the whole period, annual growth of the gross capital formation in Maldives peaked at 118.0% in 2022 and was at its lowest, -54.3%, in 2020.
Maldives ranks 15th of 167 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of the gross capital formation in Maldives, year by year
| Year | % | Change |
|---|---|---|
| 2015 | 0.1% | — |
| 2016 | 8.5% | +6958.3% |
| 2017 | 9.2% | +8.3% |
| 2018 | 13.8% | +50.9% |
| 2019 | -4.1% | -129.3% |
| 2020 | -54.3% | +1236.7% |
| 2021 | -45.2% | -16.7% |
| 2022 | 118.0% | -361.0% |
| 2023 | -15.4% | -113.0% |
| 2024 | 20.4% | -232.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 5.5% | -4.1% | 13.8% | 5 |
| 2020s | 4.7% | -54.3% | 118.0% | 5 |
Countries ranked near Maldives
More economy & growth data for Maldives
- 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)
- Gross capital formation (constant 2015 US$), annual growth rate 20.4 % change on previous year (2024)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1343 constant 2015 US$ per US$ of GDP (2024)
- Gross capital formation (constant 2015 US$), per capita 1,797 constant 2015 US$ per person (2024)
- Imports of goods and services (current US$), annual growth rate 10.84 % change on previous year (2024)
- Imports of goods and services (current US$), per unit of GDP 0.7826 current US$ per US$ of GDP (2024)
- Imports of goods and services (current US$), per capita 10,471 current US$ per person (2024)
- Imports of goods and services (current LCU), annual growth rate 10.85 % change on previous year (2024)
- Imports of goods and services (current LCU), per unit of GDP 12.04 current LCU per US$ of GDP (2024)
Frequently asked questions
- What is annual growth of the gross capital formation in Maldives?
- Annual growth of the gross capital formation in Maldives was 20.4% in 2024, according to World Bank – processed by Our World in Data.
- What is the highest annual growth of the gross capital formation recorded in Maldives?
- The highest recorded value was 118.0% in 2022.
- What is the lowest annual growth of the gross capital formation recorded in Maldives?
- The lowest recorded value was -54.3% in 2020.
- How does Maldives rank for annual growth of the gross capital formation?
- Maldives ranks 15th out of 167 countries with data for 2024.
- Is annual growth of the gross capital formation rising or falling in Maldives?
- Over the last ten years it is up 16,900.0%. The long-run trend across the full record is volatile.
- Where does this Maldives data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Annual growth of the gross capital formation. Statizoid updates them automatically from the source API.
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About this data
Annual growth of the gross capital formation (%).