GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Maldives

Maldives: GDP Deflator — Value Standard Local Currency, 2015 prices, annual was 0.6774 % change on previous year in 2024. ◆ Volatile

Latest (2024)
0.6774 % change on previous year
Change on year
down 64.0%
World rank
183rd
of 209 countries
All-time high
31.69 % change on previous year
in 1976
All-time low
-12.21 % change on previous year
in 1977
Years of data
54
1971–2024

GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Maldives, 1971–2024

-100102030197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Maldives recorded 0.6774 % change on previous year for gdp deflator — value standard local currency, 2015 prices, annual in 2024.

Compared with earlier readings it is down 64.0% on the previous year and down 83.8% over ten years.

Over the whole period, gdp deflator — value standard local currency, 2015 prices, annual in Maldives peaked at 31.69 % change on previous year in 1976 and was at its lowest, -12.21 % change on previous year, in 1977.

That places Maldives 183rd out of 209 countries with data for 2024, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Maldives, year by year

Annual values for GDP Deflator — Value Standard Local Currency, 2015 prices, annual growth rate in Maldives, 1971 to 2024.
Year % change on previous year Change
1971 5.61 % change on previous year
1972 5.3 % change on previous year -5.5%
1973 10.18 % change on previous year +92.0%
1974 18.09 % change on previous year +77.6%
1975 -0.0738 % change on previous year -100.4%
1976 31.69 % change on previous year -43030.4%
1977 -12.21 % change on previous year -138.5%
1978 4.22 % change on previous year -134.5%
1979 19.28 % change on previous year +357.0%
1980 -6.29 % change on previous year -132.6%
1981 -5.39 % change on previous year -14.3%
1982 24.49 % change on previous year -554.1%
1983 -11.71 % change on previous year -147.8%
1984 -9.23 % change on previous year -21.2%
1985 -1.77 % change on previous year -80.8%
1986 2.75 % change on previous year -255.3%
1987 17.92 % change on previous year +552.4%
1988 4.54 % change on previous year -74.7%
1989 5.94 % change on previous year +30.7%
1990 3.13 % change on previous year -47.3%
1991 13.32 % change on previous year +326.1%
1992 13.08 % change on previous year -1.8%
1993 10.53 % change on previous year -19.5%
1994 9.49 % change on previous year -9.9%
1995 15.62 % change on previous year +64.6%
1996 4.66 % change on previous year -70.2%
1997 4.1 % change on previous year -12.0%
1998 -1.14 % change on previous year -127.8%
1999 2.75 % change on previous year -341.9%
2000 2.03 % change on previous year -26.3%
2001 8.39 % change on previous year +313.1%
2002 0.3521 % change on previous year -95.8%
2003 1.27 % change on previous year +261.3%
2004 10.2 % change on previous year +701.6%
2005 6.81 % change on previous year -33.2%
2006 9.54 % change on previous year +40.0%
2007 10.72 % change on previous year +12.4%
2008 11.57 % change on previous year +7.8%
2009 12.41 % change on previous year +7.3%
2010 3.3 % change on previous year -73.5%
2011 12.63 % change on previous year +283.2%
2012 6.94 % change on previous year -45.1%
2013 6.75 % change on previous year -2.8%
2014 4.18 % change on previous year -38.0%
2015 7.32 % change on previous year +75.1%
2016 0.219 % change on previous year -97.0%
2017 2.14 % change on previous year +878.7%
2018 3.28 % change on previous year +53.1%
2019 -1.31 % change on previous year -139.9%
2020 -3.36 % change on previous year +156.9%
2021 2.83 % change on previous year -184.1%
2022 3.41 % change on previous year +20.7%
2023 1.88 % change on previous year -44.8%
2024 0.6774 % change on previous year -64.0%

Maldives compared with similar countries

  • Maldives's 0.6774 % change on previous year is below the median for upper middle income countries, which is 3.82 % change on previous year, 18% of the median. (51 countries reporting)
  • Maldives's 0.6774 % change on previous year is below the median for South Asia, which is 3.52 % change on previous year, 19% of the median. (6 countries reporting)

Biggest year-on-year movements

Years where GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Maldives changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1976 +43030.4% -0.0738 % change on previous year 31.69 % change on previous year
2017 +878.7% 0.219 % change on previous year 2.14 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 9.12 % change on previous year -12.21 % change on previous year 31.69 % change on previous year 9
1980s 2.12 % change on previous year -11.71 % change on previous year 24.49 % change on previous year 10
1990s 7.55 % change on previous year -1.14 % change on previous year 15.62 % change on previous year 10
2000s 7.33 % change on previous year 0.3521 % change on previous year 12.41 % change on previous year 10
2010s 4.54 % change on previous year -1.31 % change on previous year 12.63 % change on previous year 10
2020s 1.09 % change on previous year -3.36 % change on previous year 3.41 % change on previous year 5

Countries ranked near Maldives

  1. 180 Liechtenstein 0.8378 % change on previous year compare
  2. 181 Turks and Caicos Islands 0.8295 % change on previous year compare
  3. 182 Malaysia 0.783 % change on previous year compare
  4. 184 United Arab Emirates 0.6761 % change on previous year compare
  5. 185 Panama 0.6515 % change on previous year compare
  6. 186 Gabon 0.6019 % change on previous year compare

See the full ranking of 210 places →

More economy & growth data for Maldives

All data for Maldives →

Frequently asked questions

What is gdp deflator — value standard local currency, 2015 prices, annual in Maldives?
Gdp deflator — value standard local currency, 2015 prices, annual in Maldives was 0.6774 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gdp deflator — value standard local currency, 2015 prices, annual recorded in Maldives?
The highest recorded value was 31.69 % change on previous year in 1976.
What is the lowest gdp deflator — value standard local currency, 2015 prices, annual recorded in Maldives?
The lowest recorded value was -12.21 % change on previous year in 1977.
How does Maldives rank for gdp deflator — value standard local currency, 2015 prices, annual?
Maldives ranks 183rd out of 209 countries with data for 2024.
Is gdp deflator — value standard local currency, 2015 prices, annual rising or falling in Maldives?
Over the last ten years it is down 83.8%. 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 GDP Deflator — Value Standard Local Currency, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.

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GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Maldives. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://economy.statizoid.com/stat/gdp-deflator-value-standard-local-currency-2015-prices-annual-growth-rate/maldives/

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How this figure is calculated

The year-on-year percentage change in GDP Deflator — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
GDP Deflator — Value Standard Local Currency, 2015 prices, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
210 places, 10,569 data points, 1971–2024
Last refreshed

The year-on-year percentage change in GDP Deflator — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.