Gross capital formation (constant 2015 US$), annual growth rate (2015) in Maldives
Maldives: Gross capital formation (constant 2015 US$), annual growth rate (2015) was 20.4 % change on previous year in 2024. ◆ Volatile
Gross capital formation (constant 2015 US$), annual growth rate in Maldives, 2015–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Maldives recorded 20.4 % change on previous year for gross capital formation (constant 2015 us$), annual growth rate in 2024.
The figure is up 232.8% on the previous year and up 17,561.0% over ten years.
Over the whole period, gross capital formation (constant 2015 us$), annual growth rate in Maldives peaked at 117.95 % change on previous year in 2022 and was at its lowest, -54.27 % change on previous year, in 2020.
Maldives ranks 13th of 163 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation (constant 2015 US$), annual growth rate (2015) in Maldives, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2015 | 0.1155 % change on previous year | — |
| 2016 | 8.47 % change on previous year | +7234.3% |
| 2017 | 9.17 % change on previous year | +8.3% |
| 2018 | 13.84 % change on previous year | +50.9% |
| 2019 | -4.06 % change on previous year | -129.3% |
| 2020 | -54.27 % change on previous year | +1235.9% |
| 2021 | -45.19 % change on previous year | -16.7% |
| 2022 | 117.95 % change on previous year | -361.0% |
| 2023 | -15.36 % change on previous year | -113.0% |
| 2024 | 20.4 % change on previous year | -232.8% |
Maldives compared with similar countries
- Maldives's 20.4 % change on previous year is above the median for upper middle income countries, which is 8.23 % change on previous year, 2.5× the median. (45 countries reporting)
- Maldives's 20.4 % change on previous year is above the median for South Asia, which is 5.9 % change on previous year, 3.5× the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 5.51 % change on previous year | -4.06 % change on previous year | 13.84 % change on previous year | 5 |
| 2020s | 4.71 % change on previous year | -54.27 % change on previous year | 117.95 % change on previous year | 5 |
Countries ranked near Maldives
- 10 Paraguay 23.34 % change on previous year compare
- 11 Sao Tome and Principe 21.93 % change on previous year compare
- 12 Moldova 20.73 % change on previous year compare
- 14 Bahamas 19.77 % change on previous year compare
- 15 Lithuania 19.32 % change on previous year compare
- 16 Sierra Leone 18.73 % 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 gross capital formation (constant 2015 us$), annual growth rate in Maldives?
- Gross capital formation (constant 2015 us$), annual growth rate in Maldives was 20.4 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross capital formation (constant 2015 us$), annual growth rate recorded in Maldives?
- The highest recorded value was 117.95 % change on previous year in 2022.
- What is the lowest gross capital formation (constant 2015 us$), annual growth rate recorded in Maldives?
- The lowest recorded value was -54.27 % change on previous year in 2020.
- How does Maldives rank for gross capital formation (constant 2015 us$), annual growth rate?
- Maldives ranks 13th out of 163 countries with data for 2024.
- Is gross capital formation (constant 2015 us$), annual growth rate rising or falling in Maldives?
- Over the last ten years it is up 17,561.0%. 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 Gross capital formation (constant 2015 US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 10 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross capital formation (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross capital formation 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 Gross capital formation (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.