General government final consumption … current rate annual growth in Maldives
Maldives: General government final consumption … current rate annual growth was 9.32 % change on previous year in 2024. ◆ Volatile
General government final consumption expenditure (current LCU) in Maldives, 2015–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Maldives recorded 9.32 % change on previous year for general government final consumption expenditure (current lcu) in 2024.
Compared with earlier readings it is up 53.6% on the previous year and up 26.3% over ten years.
Over the whole period, general government final consumption expenditure (current lcu) in Maldives peaked at 21.22 % change on previous year in 2019 and was at its lowest, -10.16 % change on previous year, in 2020.
That places Maldives 68th out of 185 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.
General government final consumption … current rate annual growth in Maldives, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2015 | 7.38 % change on previous year | — |
| 2016 | 4.34 % change on previous year | -41.2% |
| 2017 | -10.02 % change on previous year | -331.0% |
| 2018 | 11.81 % change on previous year | -217.9% |
| 2019 | 21.22 % change on previous year | +79.7% |
| 2020 | -10.16 % change on previous year | -147.9% |
| 2021 | 15.01 % change on previous year | -247.7% |
| 2022 | 8.5 % change on previous year | -43.4% |
| 2023 | 6.07 % change on previous year | -28.6% |
| 2024 | 9.32 % change on previous year | +53.6% |
Maldives compared with similar countries
- Maldives's 9.32 % change on previous year is above the median for upper middle income countries, which is 9.15 % change on previous year, 1.0× the median. (51 countries reporting)
- Maldives's 9.32 % change on previous year is below the median for South Asia, which is 9.45 % change on previous year, 99% of the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 6.95 % change on previous year | -10.02 % change on previous year | 21.22 % change on previous year | 5 |
| 2020s | 5.75 % change on previous year | -10.16 % change on previous year | 15.01 % change on previous year | 5 |
Countries ranked near Maldives
- 65 Kazakhstan 9.79 % change on previous year compare
- 66 India 9.58 % change on previous year compare
- 67 Lithuania 9.53 % change on previous year compare
- 69 Hungary 9.23 % change on previous year compare
- 70 Chile 9.19 % change on previous year compare
- 71 Bosnia and Herzegovina 9.15 % 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)
- SDRs holdings, US dollar, annual growth rate 29.4 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0001 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1.08 units per person (2025)
- SDRs holdings, SDR, annual growth rate 23.22 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0001 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.7869 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0029 units per US$ of GDP (2025)
Frequently asked questions
- What is general government final consumption expenditure (current lcu) in Maldives?
- General government final consumption expenditure (current lcu) in Maldives was 9.32 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest general government final consumption expenditure (current lcu) recorded in Maldives?
- The highest recorded value was 21.22 % change on previous year in 2019.
- What is the lowest general government final consumption expenditure (current lcu) recorded in Maldives?
- The lowest recorded value was -10.16 % change on previous year in 2020.
- How does Maldives rank for general government final consumption expenditure (current lcu)?
- Maldives ranks 68th out of 185 countries with data for 2024.
- Is general government final consumption expenditure (current lcu) rising or falling in Maldives?
- Over the last ten years it is up 26.3%. 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 General government final consumption expenditure (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in General government final consumption expenditure (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- General government final consumption expenditure Country official statistics, National Statistical Organizations and/or Central Banks
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 General government final consumption expenditure (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.