Final consumption expenditure (current US$), annual growth rate in Maldives
Maldives: Final consumption expenditure (current US$), annual growth rate was 8.28 % change on previous year in 2024. ◆ Volatile
Final consumption expenditure (current US$), annual growth rate in Maldives, 2015–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for final consumption expenditure (current us$), annual growth rate in Maldives is 8.28 % change on previous year, measured in 2024.
That represents a change of down 42.5% on the previous year and down 55.5% over ten years.
Over the whole period, final consumption expenditure (current us$), annual growth rate in Maldives peaked at 18.59 % change on previous year in 2015 and was at its lowest, -15.15 % change on previous year, in 2020.
That places Maldives 102nd out of 187 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Final consumption expenditure (current US$), annual growth rate in Maldives, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2015 | 18.59 % change on previous year | — |
| 2016 | 11.19 % change on previous year | -39.8% |
| 2017 | 8.48 % change on previous year | -24.2% |
| 2018 | 11.56 % change on previous year | +36.3% |
| 2019 | 10 % change on previous year | -13.6% |
| 2020 | -15.15 % change on previous year | -251.5% |
| 2021 | 12.03 % change on previous year | -179.4% |
| 2022 | 15.24 % change on previous year | +26.7% |
| 2023 | 14.4 % change on previous year | -5.5% |
| 2024 | 8.28 % change on previous year | -42.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 11.96 % change on previous year | 8.48 % change on previous year | 18.59 % change on previous year | 5 |
| 2020s | 6.96 % change on previous year | -15.15 % change on previous year | 15.24 % change on previous year | 5 |
Countries ranked near Maldives
- 99 Austria 8.38 % change on previous year compare
- 100 Viet Nam 8.38 % change on previous year compare
- 101 United Kingdom of Great Britain and Northern Ireland 8.3 % change on previous year compare
- 103 United Arab Emirates 8.27 % change on previous year compare
- 104 Switzerland 8.19 % change on previous year compare
- 105 Seychelles 8.16 % 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)
- Households and NPISHs Final consumption expenditure (current LCU) 7.96 % change on previous year (2024)
- Households and NPISHs Final consumption expenditure (current LCU) 7.97 current LCU per US$ of GDP (2024)
- Households and NPISHs Final consumption expenditure (current LCU) 106,628 current LCU per person (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 7.45 % change on previous year (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.4538 constant 2015 US$ per US$ of GDP (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 6,072 constant 2015 US$ per person (2024)
- Final consumption expenditure (current US$), per unit of GDP 0.6925 current US$ per US$ of GDP (2024)
- Final consumption expenditure (current US$), per capita 9,265 current US$ per person (2024)
Frequently asked questions
- What is final consumption expenditure (current us$), annual growth rate in Maldives?
- Final consumption expenditure (current us$), annual growth rate in Maldives was 8.28 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest final consumption expenditure (current us$), annual growth rate recorded in Maldives?
- The highest recorded value was 18.59 % change on previous year in 2015.
- What is the lowest final consumption expenditure (current us$), annual growth rate recorded in Maldives?
- The lowest recorded value was -15.15 % change on previous year in 2020.
- How does Maldives rank for final consumption expenditure (current us$), annual growth rate?
- Maldives ranks 102nd out of 187 countries with data for 2024.
- Is final consumption expenditure (current us$), annual growth rate rising or falling in Maldives?
- Over the last ten years it is down 55.5%. 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 (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 10 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Final consumption expenditure (current US$). 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 Offices (NSOs)
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 (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.