Gross capital formation (current LCU), per unit of GDP (current unit) in Maldives
Maldives: Gross capital formation (current LCU), per unit of GDP (current unit) was 4.74 current LCU per US$ of GDP in 2024. ▼ Falling
Gross capital formation (current LCU), per unit of GDP in Maldives, 2014–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
In 2024, gross capital formation (current lcu), per unit of gdp in Maldives stood at 4.74 current LCU per US$ of GDP.
Compared with earlier readings it is down 6.8% on the previous year and up 10.6% over ten years.
Over the whole period, gross capital formation (current lcu), per unit of gdp in Maldives peaked at 7.54 current LCU per US$ of GDP in 2018 and was at its lowest, 3.87 current LCU per US$ of GDP, in 2021.
Maldives ranks 85th of 187 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 11 years of available data.
Gross capital formation (current LCU), per unit of GDP (current unit) in Maldives, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 2014 | 4.29 current LCU per US$ of GDP | — |
| 2015 | 4.9 current LCU per US$ of GDP | +14.4% |
| 2016 | 6.11 current LCU per US$ of GDP | +24.7% |
| 2017 | 6.59 current LCU per US$ of GDP | +7.8% |
| 2018 | 7.54 current LCU per US$ of GDP | +14.4% |
| 2019 | 6.64 current LCU per US$ of GDP | -11.9% |
| 2020 | 5.46 current LCU per US$ of GDP | -17.7% |
| 2021 | 3.87 current LCU per US$ of GDP | -29.1% |
| 2022 | 5.08 current LCU per US$ of GDP | +31.1% |
| 2023 | 5.09 current LCU per US$ of GDP | +0.2% |
| 2024 | 4.74 current LCU per US$ of GDP | -6.8% |
Maldives compared with similar countries
- Maldives's 4.74 current LCU per US$ of GDP is above the median for upper middle income countries, which is 4.07 current LCU per US$ of GDP, 1.2× the median. (52 countries reporting)
- Maldives's 4.74 current LCU per US$ of GDP is below the median for South Asia, which is 35.07 current LCU per US$ of GDP, 14% of the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 6.01 current LCU per US$ of GDP | 4.29 current LCU per US$ of GDP | 7.54 current LCU per US$ of GDP | 6 |
| 2020s | 4.85 current LCU per US$ of GDP | 3.87 current LCU per US$ of GDP | 5.46 current LCU per US$ of GDP | 5 |
Countries ranked near Maldives
- 82 Czechia 5.85 current LCU per US$ of GDP compare
- 83 Lesotho 5.59 current LCU per US$ of GDP compare
- 84 Sierra Leone 5.26 current LCU per US$ of GDP compare
- 86 Mexico 4.35 current LCU per US$ of GDP compare
- 87 Moldova 4.2 current LCU per US$ of GDP compare
- 88 Botswana 3.94 current LCU per US$ of GDP 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 (current lcu), per unit of gdp in Maldives?
- Gross capital formation (current lcu), per unit of gdp in Maldives was 4.74 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross capital formation (current lcu), per unit of gdp recorded in Maldives?
- The highest recorded value was 7.54 current LCU per US$ of GDP in 2018.
- What is the lowest gross capital formation (current lcu), per unit of gdp recorded in Maldives?
- The lowest recorded value was 3.87 current LCU per US$ of GDP in 2021.
- How does Maldives rank for gross capital formation (current lcu), per unit of gdp?
- Maldives ranks 85th out of 187 countries with data for 2024.
- Is gross capital formation (current lcu), per unit of gdp rising or falling in Maldives?
- Over the last ten years it is up 10.6%. The long-run trend across the full record is falling.
- Where does this Maldives data come from?
- The figures come from Statizoid (derived), published as part of Gross capital formation (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross capital formation (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross capital formation (current LCU) ÷ GDP (current US$)
Computed from
- Gross capital formation Country official statistics, National Statistical Organizations and/or Central Banks
- GDP 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
Gross capital formation (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.