Final consumption expenditure in Maldives
Maldives: Final consumption expenditure was 5.8% in 2024. ◆ Volatile
Final consumption expenditure in Maldives, 2015–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual % growth.
Analysis
The most recent figure for final consumption expenditure in Maldives is 5.8%, measured in 2024.
That represents a change of down 31.1% on the previous year and up 25.4% over ten years.
Over the whole period, final consumption expenditure in Maldives peaked at 10.0% in 2018 and was at its lowest, -13.3%, in 2020.
Maldives ranks 33rd of 175 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Final consumption expenditure in Maldives, year by year
| Year | annual % growth | Change |
|---|---|---|
| 2015 | 4.6% | — |
| 2016 | 9.7% | +109.9% |
| 2017 | 5.8% | -39.8% |
| 2018 | 10.0% | +71.2% |
| 2019 | 9.6% | -3.8% |
| 2020 | -13.3% | -238.7% |
| 2021 | 8.5% | -163.9% |
| 2022 | 9.5% | +11.5% |
| 2023 | 8.4% | -11.5% |
| 2024 | 5.8% | -31.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 8.0% | 4.6% | 10.0% | 5 |
| 2020s | 3.8% | -13.3% | 9.5% | 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 domestic savings (current US$), annual growth rate 3.17 % change on previous year (2024)
- Gross domestic savings (current US$), per unit of GDP 0.3075 current US$ per US$ of GDP (2024)
- Gross domestic savings (current US$), per capita 4,114 current US$ per person (2024)
- Gross domestic savings (current LCU), annual growth rate 3.18 % change on previous year (2024)
- Gross domestic savings (current LCU), per unit of GDP 4.73 current LCU per US$ of GDP (2024)
- Gross domestic savings (current LCU), per capita 63,312 current LCU per person (2024)
- GNI, Atlas method (current US$), annual growth rate 12.62 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.8861 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is final consumption expenditure in Maldives?
- Final consumption expenditure in Maldives was 5.8% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest final consumption expenditure recorded in Maldives?
- The highest recorded value was 10.0% in 2018.
- What is the lowest final consumption expenditure recorded in Maldives?
- The lowest recorded value was -13.3% in 2020.
- How does Maldives rank for final consumption expenditure?
- Maldives ranks 33rd out of 175 countries with data for 2024.
- Is final consumption expenditure rising or falling in Maldives?
- Over the last ten years it is up 25.4%. The long-run trend across the full record is volatile.
- Where does this Maldives data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Final consumption expenditure (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.