Final consumption expenditure in Maldives
Maldives: Final consumption expenditure was 4.89 billion current US$ in 2024. ▲ Rising
Final consumption expenditure in Maldives, 2014–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2024, final consumption expenditure in Maldives stood at 4.89 billion current US$. That is the highest value across all 11 years on record.
That represents a change of up 8.3% on the previous year and up 138.2% over ten years.
Over the whole period, final consumption expenditure in Maldives peaked at 4.89 billion current US$ in 2024 and was at its lowest, 2.05 billion current US$, in 2014.
Maldives ranks 157th of 188 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 11 years of available data.
Final consumption expenditure in Maldives, year by year
| Year | current US$ | Change |
|---|---|---|
| 2014 | 2.05 billion current US$ | — |
| 2015 | 2.43 billion current US$ | +18.6% |
| 2016 | 2.71 billion current US$ | +11.2% |
| 2017 | 2.94 billion current US$ | +8.5% |
| 2018 | 3.28 billion current US$ | +11.6% |
| 2019 | 3.60 billion current US$ | +10.0% |
| 2020 | 3.06 billion current US$ | -15.1% |
| 2021 | 3.43 billion current US$ | +12.0% |
| 2022 | 3.95 billion current US$ | +15.2% |
| 2023 | 4.52 billion current US$ | +14.4% |
| 2024 | 4.89 billion current US$ | +8.3% |
Maldives compared with similar countries
- Maldives's 4.89 billion current US$ is below the median for upper middle income countries, which is 47.37 billion current US$, 10% of the median. (52 countries reporting)
- Maldives's 4.89 billion current US$ is below the median for South Asia, which is 61.57 billion current US$, 8% of the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 2.84 billion current US$ | 2.05 billion current US$ | 3.60 billion current US$ | 6 |
| 2020s | 3.97 billion current US$ | 3.06 billion current US$ | 4.89 billion current US$ | 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)
- 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$), annual growth rate 46.1 % change on previous year (2025)
Frequently asked questions
- What is final consumption expenditure in Maldives?
- Final consumption expenditure in Maldives was 4.89 billion current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest final consumption expenditure recorded in Maldives?
- The highest recorded value was 4.89 billion current US$ in 2024.
- What is the lowest final consumption expenditure recorded in Maldives?
- The lowest recorded value was 2.05 billion current US$ in 2014.
- How does Maldives rank for final consumption expenditure?
- Maldives ranks 157th out of 188 countries with data for 2024.
- Is final consumption expenditure rising or falling in Maldives?
- Over the last ten years it is up 138.2%. The long-run trend across the full record is rising.
- Where does this Maldives data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Final consumption expenditure (current US$). 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 is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.