Final consumption expenditure (constant 2015 US$), annual growth rate in Maldives
Maldives: Final consumption expenditure (constant 2015 US$), annual growth rate was 5.8 % change on previous year in 2024. ◆ Volatile
Final consumption expenditure (constant 2015 US$), annual growth rate in Maldives, 2015–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Maldives recorded 5.8 % change on previous year for final consumption expenditure (constant 2015 us$), annual growth rate in 2024.
Compared with earlier readings it is down 31.1% on the previous year and up 25.4% over ten years.
Over the whole period, final consumption expenditure (constant 2015 us$), annual growth rate in Maldives peaked at 10 % change on previous year in 2018 and was at its lowest, -13.33 % change on previous year, in 2020.
Maldives ranks 31st of 172 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Final consumption expenditure (constant 2015 US$), annual growth rate in Maldives, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2015 | 4.62 % change on previous year | — |
| 2016 | 9.7 % change on previous year | +109.9% |
| 2017 | 5.84 % change on previous year | -39.8% |
| 2018 | 10 % change on previous year | +71.2% |
| 2019 | 9.62 % change on previous year | -3.8% |
| 2020 | -13.33 % change on previous year | -238.7% |
| 2021 | 8.52 % change on previous year | -163.9% |
| 2022 | 9.51 % change on previous year | +11.5% |
| 2023 | 8.42 % change on previous year | -11.5% |
| 2024 | 5.8 % change on previous year | -31.1% |
Maldives compared with similar countries
- Maldives's 5.8 % change on previous year is above the median for upper middle income countries, which is 4.02 % change on previous year, 1.4× the median. (47 countries reporting)
- Maldives's 5.8 % change on previous year is above the median for South Asia, which is 5.56 % change on previous year, 1.0× the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 7.96 % change on previous year | 4.62 % change on previous year | 10 % change on previous year | 5 |
| 2020s | 3.78 % change on previous year | -13.33 % change on previous year | 9.51 % change on previous year | 5 |
Countries ranked near Maldives
- 28 Cote d'Ivoire 6 % change on previous year compare
- 29 Panama 5.96 % change on previous year compare
- 30 Niger 5.94 % change on previous year compare
- 32 Mongolia 5.71 % change on previous year compare
- 33 Kazakhstan 5.7 % change on previous year compare
- 34 Angola 5.48 % change on previous year compare
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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0029 units per US$ of GDP (2025)
Frequently asked questions
- What is final consumption expenditure (constant 2015 us$), annual growth rate in Maldives?
- Final consumption expenditure (constant 2015 us$), annual growth rate in Maldives was 5.8 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest final consumption expenditure (constant 2015 us$), annual growth rate recorded in Maldives?
- The highest recorded value was 10 % change on previous year in 2018.
- What is the lowest final consumption expenditure (constant 2015 us$), annual growth rate recorded in Maldives?
- The lowest recorded value was -13.33 % change on previous year in 2020.
- How does Maldives rank for final consumption expenditure (constant 2015 us$), annual growth rate?
- Maldives ranks 31st out of 172 countries with data for 2024.
- Is final consumption expenditure (constant 2015 us$), annual growth rate 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 Statizoid (derived), published as part of Final consumption expenditure (constant 2015 US$), annual growth rate. Statizoid updates them automatically from the source API.
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CSV · JSON — 10 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Final consumption expenditure (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Final consumption expenditure Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Final consumption expenditure (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.