Gross capital formation (current LCU) in Maldives
Maldives: Gross capital formation (current LCU) was 33.47 billion current LCU in 2024. ▲ Rising
Gross capital formation in Maldives, 2014–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
The most recent figure for gross capital formation in Maldives is 33.47 billion current LCU, measured in 2024.
Compared with earlier readings it is down 0.6% on the previous year and up 111.2% over ten years.
Over the whole period, gross capital formation in Maldives peaked at 40.73 billion current LCU in 2018 and was at its lowest, 15.84 billion current LCU, in 2014.
That places Maldives 131st out of 187 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 11 years of available data.
Gross capital formation (current LCU) in Maldives, year by year
| Year | current LCU | Change |
|---|---|---|
| 2014 | 15.84 billion current LCU | — |
| 2015 | 20.25 billion current LCU | +27.8% |
| 2016 | 26.95 billion current LCU | +33.1% |
| 2017 | 31.73 billion current LCU | +17.7% |
| 2018 | 40.73 billion current LCU | +28.4% |
| 2019 | 38.02 billion current LCU | -6.7% |
| 2020 | 20.28 billion current LCU | -46.7% |
| 2021 | 20.34 billion current LCU | +0.3% |
| 2022 | 31.36 billion current LCU | +54.2% |
| 2023 | 33.67 billion current LCU | +7.4% |
| 2024 | 33.47 billion current LCU | -0.6% |
Maldives compared with similar countries
- Maldives's 33.47 billion current LCU is below the median for upper middle income countries, which is 296.90 billion current LCU, 11% of the median. (52 countries reporting)
- Maldives's 33.47 billion current LCU is below the median for South Asia, which is 5.77 trillion current LCU, 1% of the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 28.92 billion current LCU | 15.84 billion current LCU | 40.73 billion current LCU | 6 |
| 2020s | 27.82 billion current LCU | 20.28 billion current LCU | 33.67 billion current LCU | 5 |
Countries ranked near Maldives
More economy & growth data for Maldives
- Real gdp growth, annual growth rate -39.81 % change on previous year (2024)
- 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)
Frequently asked questions
- What is gross capital formation in Maldives?
- Gross capital formation in Maldives was 33.47 billion current LCU 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 40.73 billion current LCU in 2018.
- What is the lowest gross capital formation recorded in Maldives?
- The lowest recorded value was 15.84 billion current LCU in 2014.
- How does Maldives rank for gross capital formation?
- Maldives ranks 131st out of 187 countries with data for 2024.
- Is gross capital formation rising or falling in Maldives?
- Over the last ten years it is up 111.2%. The long-run trend across the full record is rising.
- 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 (current LCU). 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.