Government spending vs. GDP, annual growth rate in Maldives

Maldives: Government spending vs. GDP, annual growth rate was 0.0138 % change on previous year in 2024. ◆ Volatile

Latest (2024)
0.0138 % change on previous year
Change on year
up 102.0%
World rank
134th
of 166 countries
All-time high
17.64 % change on previous year
in 2019
All-time low
-10.81 % change on previous year
in 2017
Years of data
10
2015–2024

Government spending vs. GDP, annual growth rate in Maldives, 2015–2024

-10010202015201920242015: 12.6 % change on previous year2016: 3.3 % change on previous year2017: -10.8 % change on previous year2018: 9.1 % change on previous year2019: 17.6 % change on previous year2020: -6.2 % change on previous year2021: 6.5 % change on previous year2022: -4.9 % change on previous year2023: -0.686 % change on previous year2024: 0.014 % change on previous year

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

Analysis

Maldives recorded 0.0138 % change on previous year for government spending vs. gdp, annual growth rate in 2024.

Compared with earlier readings it is up 102.0% on the previous year and down 99.9% over ten years.

Over the whole period, government spending vs. gdp, annual growth rate in Maldives peaked at 17.64 % change on previous year in 2019 and was at its lowest, -10.81 % change on previous year, in 2017.

That places Maldives 134th out of 166 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.

Government spending vs. GDP, annual growth rate in Maldives, year by year

Annual values for Government spending vs. GDP, annual growth rate in Maldives, 2015 to 2024.
Year % change on previous year Change
2015 12.6 % change on previous year —
2016 3.28 % change on previous year -74.0%
2017 -10.81 % change on previous year -429.7%
2018 9.07 % change on previous year -183.9%
2019 17.64 % change on previous year +94.4%
2020 -6.24 % change on previous year -135.4%
2021 6.53 % change on previous year -204.6%
2022 -4.92 % change on previous year -175.3%
2023 -0.6857 % change on previous year -86.1%
2024 0.0138 % change on previous year -102.0%

Maldives compared with similar countries

  • Maldives's 0.0138 % change on previous year is below the median for upper middle income countries, which is 1.92 % change on previous year, 1% of the median. (45 countries reporting)
  • Maldives's 0.0138 % change on previous year is below the median for South Asia, which is 4.43 % change on previous year, 0% of the median. (6 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 6.36 % change on previous year -10.81 % change on previous year 17.64 % change on previous year 5
2020s -1.06 % change on previous year -6.24 % change on previous year 6.53 % change on previous year 5

Countries ranked near Maldives

  1. 131 Puerto Rico 0.2423 % change on previous year compare
  2. 132 Argentina 0.2209 % change on previous year compare
  3. 133 Ecuador 0.0422 % change on previous year compare
  4. 135 Bulgaria 0 % change on previous year compare
  5. 136 Mauritius -0.1223 % change on previous year compare
  6. 137 South Africa -0.2154 % change on previous year compare

See the full ranking of 166 places →

More economy & growth data for Maldives

All data for Maldives →

Frequently asked questions

What is government spending vs. gdp, annual growth rate in Maldives?
Government spending vs. gdp, annual growth rate in Maldives was 0.0138 % change on previous year in 2024, according to Statizoid (derived).
What is the highest government spending vs. gdp, annual growth rate recorded in Maldives?
The highest recorded value was 17.64 % change on previous year in 2019.
What is the lowest government spending vs. gdp, annual growth rate recorded in Maldives?
The lowest recorded value was -10.81 % change on previous year in 2017.
How does Maldives rank for government spending vs. gdp, annual growth rate?
Maldives ranks 134th out of 166 countries with data for 2024.
Is government spending vs. gdp, annual growth rate rising or falling in Maldives?
Over the last ten years it is down 99.9%. 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 Government spending vs. GDP, annual growth rate. Statizoid updates them automatically from the source API.

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Government spending vs. GDP, annual growth rate in Maldives. Statizoid, drawing on Statizoid (derived). Retrieved 28 September 2026, from https://economy.statizoid.com/stat/government-spending-vs-gdp-annual-growth-rate/maldives/

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How this figure is calculated

The year-on-year percentage change in Government spending vs. GDP. 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
Government spending vs. GDP, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
166 places, 6,896 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Government spending vs. GDP. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.