Gross domestic product (GDP) in Maldives
Maldives: Gross domestic product (GDP) was 9.75 billion international-$ in 2021 prices in 2023. ◆ Volatile
Gross domestic product (GDP) in Maldives, 1970–2023
Source: Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data. Measured in international-$ in 2021 prices.
Analysis
In 2023, gross domestic product (gdp) in Maldives stood at 9.75 billion international-$ in 2021 prices.
Compared with earlier readings it is up 0.2% on the previous year and up 11.5% over ten years.
Over the whole period, gross domestic product (gdp) in Maldives peaked at 13.01 billion international-$ in 2021 prices in 2019 and was at its lowest, 383.23 million international-$ in 2021 prices, in 1970.
That places Maldives 157th out of 184 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 434.52 million international-$ in 2021 prices | 383.23 million international-$ in 2021 prices | 518.75 million international-$ in 2021 prices | 10 |
| 1980s | 1.01 billion international-$ in 2021 prices | 644.17 million international-$ in 2021 prices | 1.52 billion international-$ in 2021 prices | 10 |
| 1990s | 2.12 billion international-$ in 2021 prices | 1.77 billion international-$ in 2021 prices | 2.53 billion international-$ in 2021 prices | 10 |
| 2000s | 5.01 billion international-$ in 2021 prices | 2.87 billion international-$ in 2021 prices | 7.89 billion international-$ in 2021 prices | 10 |
| 2010s | 9.56 billion international-$ in 2021 prices | 5.83 billion international-$ in 2021 prices | 13.01 billion international-$ in 2021 prices | 10 |
| 2020s | 9.41 billion international-$ in 2021 prices | 8.00 billion international-$ in 2021 prices | 10.14 billion international-$ in 2021 prices | 4 |
Countries ranked near Maldives
- 154 Bhutan 11.34 billion international-$ in 2021 prices compare
- 155 Eswatini 11.03 billion international-$ in 2021 prices compare
- 156 Suriname 10.47 billion international-$ in 2021 prices compare
- 159 Liberia 9.15 billion international-$ in 2021 prices compare
- 160 South Sudan 8.35 billion international-$ in 2021 prices compare
More economy & growth data for Maldives
- External balance on goods and services as a percent of GDP -0.0% (2024)
- Inflation of consumer prices 4.0% (2025)
- GDP per capita 12,499 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 1.8% (2025)
- Gross domestic product (GDP) 6.62 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 12,499 constant 2015 US$ (2025)
- DEC alternative conversion factor 15.42 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -9.52 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) -617.31 million current US$ (2025)
- Taxes less subsidies on products 19.36 billion current LCU (2025)
Frequently asked questions
- What is gross domestic product (gdp) in Maldives?
- Gross domestic product (gdp) in Maldives was 9.75 billion international-$ in 2021 prices in 2023, according to Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Maldives?
- The highest recorded value was 13.01 billion international-$ in 2021 prices in 2019.
- What is the lowest gross domestic product (gdp) recorded in Maldives?
- The lowest recorded value was 383.23 million international-$ in 2021 prices in 1970.
- How does Maldives rank for gross domestic product (gdp)?
- Maldives ranks 157th out of 184 countries with data for 2023.
- Is gross domestic product (gdp) rising or falling in Maldives?
- Over the last ten years it is up 11.5%. The long-run trend across the full record is volatile.
- Where does this Maldives data come from?
- The figures come from Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
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About this data
Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.