Final consumption expenditure in Maldives
Maldives: Final consumption expenditure was 69.3% in 2024. ▲ Rising
Final consumption expenditure in Maldives, 2014–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
In 2024, final consumption expenditure in Maldives stood at 69.3%.
Compared with earlier readings it is up 1.5% on the previous year and up 24.7% over ten years.
Over the whole period, final consumption expenditure in Maldives peaked at 82.4% in 2020 and was at its lowest, 55.5%, in 2014.
Maldives ranks 142nd of 187 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 | % of GDP | Change |
|---|---|---|
| 2014 | 55.5% | — |
| 2015 | 59.0% | +6.2% |
| 2016 | 61.4% | +4.1% |
| 2017 | 61.0% | -0.7% |
| 2018 | 60.6% | -0.6% |
| 2019 | 62.9% | +3.8% |
| 2020 | 82.4% | +30.9% |
| 2021 | 65.2% | -20.8% |
| 2022 | 63.9% | -2.0% |
| 2023 | 68.2% | +6.7% |
| 2024 | 69.3% | +1.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 60.1% | 55.5% | 62.9% | 6 |
| 2020s | 69.8% | 63.9% | 82.4% | 5 |
Countries ranked near Maldives
- 139 Peru 71.5% compare
- 140 Russian Federation 70.4% compare
- 141 Mauritania 70.0% compare
- 143 Netherlands 69.0% compare
- 144 Congo, Democratic Republic of the 68.7% compare
- 145 Iraq 68.6% 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)
- Services, value added (current US$), annual growth rate 6.22 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.6986 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 10,210 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 6.4 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 10.77 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 157,388 current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 4.69 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.6675 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is final consumption expenditure in Maldives?
- Final consumption expenditure in Maldives was 69.3% 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 82.4% in 2020.
- What is the lowest final consumption expenditure recorded in Maldives?
- The lowest recorded value was 55.5% in 2014.
- How does Maldives rank for final consumption expenditure?
- Maldives ranks 142nd out of 187 countries with data for 2024.
- Is final consumption expenditure rising or falling in Maldives?
- Over the last ten years it is up 24.7%. 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 Organizations and/or Central Banks, published as part of Final consumption expenditure (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.