DEC alternative conversion factor in Maldives
Maldives: DEC alternative conversion factor was 15.42 LCU per US$ in 2025. ▲ Rising
DEC alternative conversion factor in Maldives, 1960–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in LCU per US$.
Analysis
The most recent figure for dec alternative conversion factor in Maldives is 15.42 LCU per US$, measured in 2025. That is the highest value across all 66 years on record.
The figure is up 0.2% on the previous year and up 0.3% over ten years.
Over the whole period, dec alternative conversion factor in Maldives peaked at 15.42 LCU per US$ in 2025 and was at its lowest, 3.93 LCU per US$, in 1974.
Maldives ranks 101st of 215 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 66 years of available data.
DEC alternative conversion factor in Maldives, year by year
| Year | LCU per US$ | Change |
|---|---|---|
| 1960 | 4.76 LCU per US$ | — |
| 1961 | 4.76 LCU per US$ | +0.0% |
| 1962 | 4.76 LCU per US$ | +0.0% |
| 1963 | 4.75 LCU per US$ | -0.2% |
| 1964 | 4.75 LCU per US$ | +0.0% |
| 1965 | 4.76 LCU per US$ | +0.2% |
| 1966 | 4.76 LCU per US$ | +0.0% |
| 1967 | 4.76 LCU per US$ | +0.0% |
| 1968 | 4.75 LCU per US$ | -0.2% |
| 1969 | 4.75 LCU per US$ | +0.0% |
| 1970 | 4.75 LCU per US$ | +0.0% |
| 1971 | 4.73 LCU per US$ | -0.4% |
| 1972 | 4.37 LCU per US$ | -7.6% |
| 1973 | 3.99 LCU per US$ | -8.7% |
| 1974 | 3.93 LCU per US$ | -1.5% |
| 1975 | 5.76 LCU per US$ | +46.6% |
| 1976 | 8.36 LCU per US$ | +45.1% |
| 1977 | 8.77 LCU per US$ | +4.9% |
| 1978 | 8.97 LCU per US$ | +2.3% |
| 1979 | 7.49 LCU per US$ | -16.5% |
| 1980 | 7.55 LCU per US$ | +0.8% |
| 1981 | 7.55 LCU per US$ | +0.0% |
| 1982 | 7.17 LCU per US$ | -5.0% |
| 1983 | 7.05 LCU per US$ | -1.7% |
| 1984 | 7.05 LCU per US$ | +0.0% |
| 1985 | 7.1 LCU per US$ | +0.7% |
| 1986 | 7.15 LCU per US$ | +0.7% |
| 1987 | 9.22 LCU per US$ | +29.0% |
| 1988 | 8.79 LCU per US$ | -4.7% |
| 1989 | 9.04 LCU per US$ | +2.9% |
| 1990 | 9.55 LCU per US$ | +5.7% |
| 1991 | 10.25 LCU per US$ | +7.3% |
| 1992 | 10.57 LCU per US$ | +3.1% |
| 1993 | 10.96 LCU per US$ | +3.7% |
| 1994 | 11.59 LCU per US$ | +5.7% |
| 1995 | 11.77 LCU per US$ | +1.6% |
| 1996 | 11.77 LCU per US$ | +0.0% |
| 1997 | 11.77 LCU per US$ | +0.0% |
| 1998 | 11.77 LCU per US$ | +0.0% |
| 1999 | 11.77 LCU per US$ | +0.0% |
| 2000 | 11.77 LCU per US$ | +0.0% |
| 2001 | 12.24 LCU per US$ | +4.0% |
| 2002 | 12.8 LCU per US$ | +4.6% |
| 2003 | 12.8 LCU per US$ | +0.0% |
| 2004 | 12.8 LCU per US$ | +0.0% |
| 2005 | 12.8 LCU per US$ | +0.0% |
| 2006 | 12.8 LCU per US$ | +0.0% |
| 2007 | 12.8 LCU per US$ | +0.0% |
| 2008 | 12.8 LCU per US$ | +0.0% |
| 2009 | 12.8 LCU per US$ | +0.0% |
| 2010 | 12.8 LCU per US$ | +0.0% |
| 2011 | 14.6 LCU per US$ | +14.1% |
| 2012 | 15.36 LCU per US$ | +5.2% |
| 2013 | 15.37 LCU per US$ | +0.0% |
| 2014 | 15.38 LCU per US$ | +0.1% |
| 2015 | 15.37 LCU per US$ | -0.1% |
| 2016 | 15.37 LCU per US$ | +0.0% |
| 2017 | 15.39 LCU per US$ | +0.1% |
| 2018 | 15.39 LCU per US$ | +0.0% |
| 2019 | 15.38 LCU per US$ | -0.1% |
| 2020 | 15.38 LCU per US$ | -0.0% |
| 2021 | 15.37 LCU per US$ | -0.1% |
| 2022 | 15.39 LCU per US$ | +0.1% |
| 2023 | 15.39 LCU per US$ | +0.0% |
| 2024 | 15.39 LCU per US$ | +0.0% |
| 2025 | 15.42 LCU per US$ | +0.2% |
Maldives compared with similar countries
- Maldives's 15.42 LCU per US$ is above the median for upper middle income countries, which is 15.42 LCU per US$, 1.0× the median. (59 countries reporting)
- Maldives's 15.42 LCU per US$ is below the median for South Asia, which is 104.09 LCU per US$, 15% of the median. (6 countries reporting)
Biggest year-on-year movements
Years where DEC alternative conversion factor in Maldives changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1975 | +46.6% | 3.93 LCU per US$ | 5.76 LCU per US$ |
| 1976 | +45.1% | 5.76 LCU per US$ | 8.36 LCU per US$ |
| 1987 | +29.0% | 7.15 LCU per US$ | 9.22 LCU per US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 4.76 LCU per US$ | 4.75 LCU per US$ | 4.76 LCU per US$ | 10 |
| 1970s | 6.11 LCU per US$ | 3.93 LCU per US$ | 8.97 LCU per US$ | 10 |
| 1980s | 7.77 LCU per US$ | 7.05 LCU per US$ | 9.22 LCU per US$ | 10 |
| 1990s | 11.18 LCU per US$ | 9.55 LCU per US$ | 11.77 LCU per US$ | 10 |
| 2000s | 12.64 LCU per US$ | 11.77 LCU per US$ | 12.8 LCU per US$ | 10 |
| 2010s | 15.04 LCU per US$ | 12.8 LCU per US$ | 15.39 LCU per US$ | 10 |
| 2020s | 15.39 LCU per US$ | 15.37 LCU per US$ | 15.42 LCU per US$ | 6 |
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 0 BoP, current US$ (1989)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0 BoP, current US$ per US$ of GDP (1989)
- Foreign direct investment, net outflows (BoP, current US$), per capita 0 BoP, current US$ per person (1989)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 806.20 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 5.13 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.1142 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,527 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 46.1 % change on previous year (2025)
Frequently asked questions
- What is dec alternative conversion factor in Maldives?
- Dec alternative conversion factor in Maldives was 15.42 LCU per US$ in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest dec alternative conversion factor recorded in Maldives?
- The highest recorded value was 15.42 LCU per US$ in 2025.
- What is the lowest dec alternative conversion factor recorded in Maldives?
- The lowest recorded value was 3.93 LCU per US$ in 1974.
- How does Maldives rank for dec alternative conversion factor?
- Maldives ranks 101st out of 215 countries with data for 2025.
- Is dec alternative conversion factor rising or falling in Maldives?
- Over the last ten years it is up 0.3%. The long-run trend across the full record is rising.
- Where does this Maldives data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of DEC alternative conversion factor (LCU per US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The DEC alternative conversion factor is the underlying annual exchange rate (the price of one country’s currency in relation to another country's currency) used for the World Bank Atlas method. As a rule, it is the official exchange rate reported in the IMF's International Financial Statistics. Exceptions arise where further refinements are made by World Bank staff. It is expressed in local currency units per U.S. dollar.