Gross capital formation in Maldives
Maldives: Gross capital formation was 20.4% in 2024. ◆ Volatile
Gross capital formation in Maldives, 2015–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual % growth.
Analysis
The most recent figure for gross capital formation in Maldives is 20.4%, measured in 2024.
Compared with earlier readings it is up 232.8% on the previous year and up 17,633.3% over ten years.
Over the whole period, gross capital formation in Maldives peaked at 118.0% in 2022 and was at its lowest, -54.3%, in 2020.
That places Maldives 13th out of 168 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation in Maldives, year by year
| Year | annual % growth | Change |
|---|---|---|
| 2015 | 0.1% | — |
| 2016 | 8.5% | +7264.3% |
| 2017 | 9.2% | +8.3% |
| 2018 | 13.8% | +50.9% |
| 2019 | -4.1% | -129.3% |
| 2020 | -54.3% | +1235.9% |
| 2021 | -45.2% | -16.7% |
| 2022 | 118.0% | -361.0% |
| 2023 | -15.4% | -113.0% |
| 2024 | 20.4% | -232.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 5.5% | -4.1% | 13.8% | 5 |
| 2020s | 4.7% | -54.3% | 118.0% | 5 |
Countries ranked near Maldives
- 10 Paraguay 23.3% compare
- 11 Sao Tome and Principe 21.9% compare
- 12 Republic of Moldova 20.7% compare
- 14 Bahamas 19.8% compare
- 15 Lithuania 19.3% compare
- 16 Sierra Leone 18.7% 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)
- Services, value added (constant LCU), per capita 154,247 constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate 3.29 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 7.87 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8378 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 12,244 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 8.06 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 12.92 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 188,752 current LCU per person (2025)
Frequently asked questions
- What is gross capital formation in Maldives?
- Gross capital formation in Maldives was 20.4% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross capital formation recorded in Maldives?
- The highest recorded value was 118.0% in 2022.
- What is the lowest gross capital formation recorded in Maldives?
- The lowest recorded value was -54.3% in 2020.
- How does Maldives rank for gross capital formation?
- Maldives ranks 13th out of 168 countries with data for 2024.
- Is gross capital formation rising or falling in Maldives?
- Over the last ten years it is up 17,633.3%. The long-run trend across the full record is volatile.
- 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 Gross capital formation (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.