General government final consumption expenditure in Maldives
Maldives: General government final consumption expenditure was 17.5% in 2024. ▬ Flat
General government final consumption expenditure in Maldives, 2014–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
The most recent figure for general government final consumption expenditure in Maldives is 17.5%, measured in 2024.
Compared with earlier readings it is up 2.5% on the previous year and down 7.1% over ten years.
Over the whole period, general government final consumption expenditure in Maldives peaked at 23.0% in 2020 and was at its lowest, 14.5%, in 2018.
That places Maldives 85th out of 187 countries with data for 2024, putting it in the middle of the range.
General government final consumption expenditure in Maldives, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2014 | 18.8% | — |
| 2015 | 18.1% | -3.8% |
| 2016 | 17.7% | -2.3% |
| 2017 | 14.5% | -17.7% |
| 2018 | 14.5% | -0.4% |
| 2019 | 16.6% | +14.5% |
| 2020 | 23.0% | +38.6% |
| 2021 | 18.7% | -18.7% |
| 2022 | 17.2% | -7.8% |
| 2023 | 17.0% | -1.0% |
| 2024 | 17.5% | +2.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 16.7% | 14.5% | 18.8% | 6 |
| 2020s | 18.7% | 17.0% | 23.0% | 5 |
Countries ranked near Maldives
- 82 Republic of Korea 17.6% compare
- 83 Uruguay 17.6% compare
- 84 Malta 17.5% compare
- 86 Montenegro 17.4% compare
- 87 Romania 17.3% compare
- 88 Palestine, State of 17.0% 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)
- Final consumption expenditure (constant 2015 US$), per capita 7,630 constant 2015 US$ per person (2024)
- Gross national expenditure (current US$), annual growth rate 5.37 % change on previous year (2024)
- Gross national expenditure (current US$), per unit of GDP 1 current US$ per US$ of GDP (2024)
- Gross national expenditure (current US$), per capita 13,385 current US$ per person (2024)
- Gross national expenditure (current LCU), annual growth rate 5.39 % change on previous year (2024)
- Gross national expenditure (current LCU), per unit of GDP 15.4 current LCU per US$ of GDP (2024)
- Gross national expenditure (current LCU), per capita 205,991 current LCU per person (2024)
- Gross national expenditure (constant 2015 US$), annual growth rate 8.3 % change on previous year (2024)
Frequently asked questions
- What is general government final consumption expenditure in Maldives?
- General government final consumption expenditure in Maldives was 17.5% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest general government final consumption expenditure recorded in Maldives?
- The highest recorded value was 23.0% in 2020.
- What is the lowest general government final consumption expenditure recorded in Maldives?
- The lowest recorded value was 14.5% in 2018.
- How does Maldives rank for general government final consumption expenditure?
- Maldives ranks 85th 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 down 7.1%. The long-run trend across the full record is flat.
- Where does this Maldives data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of General government 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. 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 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.