Gross capital formation in Maldives
Maldives: Gross capital formation was 948.67 million constant 2015 US$ in 2024. ▼ Falling
Gross capital formation in Maldives, 2014–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
Maldives recorded 948.67 million constant 2015 US$ for gross capital formation in 2024.
That represents a change of up 20.4% on the previous year and down 27.9% over ten years.
Over the whole period, gross capital formation in Maldives peaked at 1.78 billion constant 2015 US$ in 2018 and was at its lowest, 427.12 million constant 2015 US$, in 2021.
Maldives ranks 138th of 163 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 11 years of available data.
Gross capital formation in Maldives, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 2014 | 1.32 billion constant 2015 US$ | — |
| 2015 | 1.32 billion constant 2015 US$ | +0.1% |
| 2016 | 1.43 billion constant 2015 US$ | +8.5% |
| 2017 | 1.56 billion constant 2015 US$ | +9.2% |
| 2018 | 1.78 billion constant 2015 US$ | +13.8% |
| 2019 | 1.70 billion constant 2015 US$ | -4.1% |
| 2020 | 779.32 million constant 2015 US$ | -54.3% |
| 2021 | 427.12 million constant 2015 US$ | -45.2% |
| 2022 | 930.91 million constant 2015 US$ | +118.0% |
| 2023 | 787.94 million constant 2015 US$ | -15.4% |
| 2024 | 948.67 million constant 2015 US$ | +20.4% |
Maldives compared with similar countries
- Maldives's 948.67 million constant 2015 US$ is below the median for upper middle income countries, which is 14.20 billion constant 2015 US$, 7% of the median. (45 countries reporting)
- Maldives's 948.67 million constant 2015 US$ is below the median for South Asia, which is 18.15 billion constant 2015 US$, 5% of the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.52 billion constant 2015 US$ | 1.32 billion constant 2015 US$ | 1.78 billion constant 2015 US$ | 6 |
| 2020s | 774.79 million constant 2015 US$ | 427.12 million constant 2015 US$ | 948.67 million constant 2015 US$ | 5 |
Countries ranked near Maldives
- 135 Montenegro 1.69 billion constant 2015 US$ compare
- 136 Bhutan 1.40 billion constant 2015 US$ compare
- 137 Greenland 1.04 billion constant 2015 US$ compare
- 139 Lesotho 876.02 million constant 2015 US$ compare
- 140 Bermuda 872.17 million constant 2015 US$ compare
- 141 Gambia 845.19 million constant 2015 US$ 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 0 BoP, current US$ (1989)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0 BoP, current US$ per US$ of GDP (1989)
- Foreign direct investment, net outflows (BoP, current US$), per capita 0 BoP, current US$ per person (1989)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 806.20 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 5.13 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.1142 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,527 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 46.1 % change on previous year (2025)
Frequently asked questions
- What is gross capital formation in Maldives?
- Gross capital formation in Maldives was 948.67 million constant 2015 US$ 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 1.78 billion constant 2015 US$ in 2018.
- What is the lowest gross capital formation recorded in Maldives?
- The lowest recorded value was 427.12 million constant 2015 US$ in 2021.
- How does Maldives rank for gross capital formation?
- Maldives ranks 138th out of 163 countries with data for 2024.
- Is gross capital formation rising or falling in Maldives?
- Over the last ten years it is down 27.9%. The long-run trend across the full record is falling.
- 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 (constant 2015 US$). Statizoid updates them automatically from the source API.
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CSV · JSON — 11 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.