General government final consumption expenditure (current LCU) in Maldives
Maldives: General government final consumption expenditure (current LCU) was 18.98 billion current LCU in 2024. ▲ Rising
General government final consumption expenditure in Maldives, 2014–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
The most recent figure for general government final consumption expenditure in Maldives is 18.98 billion current LCU, measured in 2024. That is the highest value across all 11 years on record.
Compared with earlier readings it is up 9.3% on the previous year and up 77.6% over ten years.
Over the whole period, general government final consumption expenditure in Maldives peaked at 18.98 billion current LCU in 2024 and was at its lowest, 10.69 billion current LCU, in 2014.
Maldives ranks 139th of 187 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 11 years of available data.
General government final consumption expenditure (current LCU) in Maldives, year by year
| Year | current LCU | Change |
|---|---|---|
| 2014 | 10.69 billion current LCU | — |
| 2015 | 11.47 billion current LCU | +7.4% |
| 2016 | 11.97 billion current LCU | +4.3% |
| 2017 | 10.77 billion current LCU | -10.0% |
| 2018 | 12.04 billion current LCU | +11.8% |
| 2019 | 14.60 billion current LCU | +21.2% |
| 2020 | 13.12 billion current LCU | -10.2% |
| 2021 | 15.09 billion current LCU | +15.0% |
| 2022 | 16.37 billion current LCU | +8.5% |
| 2023 | 17.36 billion current LCU | +6.1% |
| 2024 | 18.98 billion current LCU | +9.3% |
Maldives compared with similar countries
- Maldives's 18.98 billion current LCU is below the median for upper middle income countries, which is 259.76 billion current LCU, 7% of the median. (52 countries reporting)
- Maldives's 18.98 billion current LCU is below the median for South Asia, which is 1.36 trillion current LCU, 1% of the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 11.92 billion current LCU | 10.69 billion current LCU | 14.60 billion current LCU | 6 |
| 2020s | 16.18 billion current LCU | 13.12 billion current LCU | 18.98 billion current LCU | 5 |
Countries ranked near Maldives
- 136 Azerbaijan 20.05 billion current LCU compare
- 137 Eswatini 19.15 billion current LCU compare
- 138 Gambia 19.02 billion current LCU compare
- 140 Luxembourg 17.77 billion current LCU compare
- 141 Tajikistan 17.60 billion current LCU compare
- 142 Lesotho 16.77 billion current LCU 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 in Maldives?
- General government final consumption expenditure in Maldives was 18.98 billion current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest general government final consumption expenditure recorded in Maldives?
- The highest recorded value was 18.98 billion current LCU in 2024.
- What is the lowest general government final consumption expenditure recorded in Maldives?
- The lowest recorded value was 10.69 billion current LCU in 2014.
- How does Maldives rank for general government final consumption expenditure?
- Maldives ranks 139th out of 187 countries with data for 2024.
- Is general government final consumption expenditure rising or falling in Maldives?
- Over the last ten years it is up 77.6%. 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 General government final consumption expenditure (current LCU). 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. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.