Gross capital formation (current LCU), annual growth rate in Maldives
Maldives: Gross capital formation (current LCU), annual growth rate was -0.6109 % change on previous year in 2024. ◆ Volatile
Gross capital formation (current LCU), annual growth rate in Maldives, 2015–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Maldives recorded -0.6109 % change on previous year for gross capital formation (current lcu), annual growth rate in 2024.
Compared with earlier readings it is down 108.3% on the previous year and down 102.2% over ten years.
Over the whole period, gross capital formation (current lcu), annual growth rate in Maldives peaked at 54.19 % change on previous year in 2022 and was at its lowest, -46.66 % change on previous year, in 2020.
That places Maldives 151st out of 186 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.
Gross capital formation (current LCU), annual growth rate in Maldives, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2015 | 27.78 % change on previous year | — |
| 2016 | 33.12 % change on previous year | +19.2% |
| 2017 | 17.75 % change on previous year | -46.4% |
| 2018 | 28.36 % change on previous year | +59.8% |
| 2019 | -6.67 % change on previous year | -123.5% |
| 2020 | -46.66 % change on previous year | +599.7% |
| 2021 | 0.2811 % change on previous year | -100.6% |
| 2022 | 54.19 % change on previous year | +19177.7% |
| 2023 | 7.39 % change on previous year | -86.4% |
| 2024 | -0.6109 % change on previous year | -108.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 20.07 % change on previous year | -6.67 % change on previous year | 33.12 % change on previous year | 5 |
| 2020s | 2.92 % change on previous year | -46.66 % change on previous year | 54.19 % change on previous year | 5 |
Countries ranked near Maldives
- 148 French Polynesia -0.3911 % change on previous year compare
- 149 Serbia -0.3996 % change on previous year compare
- 150 Mexico -0.4705 % change on previous year compare
- 152 Bahrain -0.6317 % change on previous year compare
- 153 New Zealand -0.7776 % change on previous year compare
- 154 Bolivia, Plurinational State of -0.8701 % 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)
- Gross capital formation (current US$), annual growth rate -0.6265 % change on previous year (2024)
- Gross capital formation (current US$), per unit of GDP 0.3079 current US$ per US$ of GDP (2024)
- Gross capital formation (current US$), per capita 4,120 current US$ per person (2024)
- Gross capital formation (current LCU), per unit of GDP 4.74 current LCU per US$ of GDP (2024)
- Gross capital formation (current LCU), per capita 63,405 current LCU per person (2024)
- Gross capital formation (constant 2015 US$), annual growth rate 20.4 % change on previous year (2024)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1343 constant 2015 US$ per US$ of GDP (2024)
- Gross capital formation (constant 2015 US$), per capita 1,797 constant 2015 US$ per person (2024)
Frequently asked questions
- What is gross capital formation (current lcu), annual growth rate in Maldives?
- Gross capital formation (current lcu), annual growth rate in Maldives was -0.6109 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross capital formation (current lcu), annual growth rate recorded in Maldives?
- The highest recorded value was 54.19 % change on previous year in 2022.
- What is the lowest gross capital formation (current lcu), annual growth rate recorded in Maldives?
- The lowest recorded value was -46.66 % change on previous year in 2020.
- How does Maldives rank for gross capital formation (current lcu), annual growth rate?
- Maldives ranks 151st out of 186 countries with data for 2024.
- Is gross capital formation (current lcu), annual growth rate rising or falling in Maldives?
- Over the last ten years it is down 102.2%. 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 (current LCU), 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 (current LCU). 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 (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.