Gross capital formation (current US$) in Maldives
Maldives: Gross capital formation (current US$) was 2.17 billion current US$ in 2024. ▲ Rising
Gross capital formation in Maldives, 2014–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
In 2024, gross capital formation in Maldives stood at 2.17 billion current US$.
Compared with earlier readings it is down 0.6% on the previous year and up 111.1% over ten years.
Over the whole period, gross capital formation in Maldives peaked at 2.65 billion current US$ in 2018 and was at its lowest, 1.03 billion current US$, in 2014.
Maldives ranks 147th of 187 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 11 years of available data.
Gross capital formation (current US$) in Maldives, year by year
| Year | current US$ | Change |
|---|---|---|
| 2014 | 1.03 billion current US$ | — |
| 2015 | 1.32 billion current US$ | +27.9% |
| 2016 | 1.75 billion current US$ | +33.1% |
| 2017 | 2.06 billion current US$ | +17.6% |
| 2018 | 2.65 billion current US$ | +28.3% |
| 2019 | 2.47 billion current US$ | -6.6% |
| 2020 | 1.32 billion current US$ | -46.7% |
| 2021 | 1.32 billion current US$ | +0.3% |
| 2022 | 2.04 billion current US$ | +54.0% |
| 2023 | 2.19 billion current US$ | +7.4% |
| 2024 | 2.17 billion current US$ | -0.6% |
Maldives compared with similar countries
- Maldives's 2.17 billion current US$ is below the median for upper middle income countries, which is 11.53 billion current US$, 19% of the median. (52 countries reporting)
- Maldives's 2.17 billion current US$ is below the median for South Asia, which is 22.82 billion current US$, 10% of the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.88 billion current US$ | 1.03 billion current US$ | 2.65 billion current US$ | 6 |
| 2020s | 1.81 billion current US$ | 1.32 billion current US$ | 2.19 billion current US$ | 5 |
Countries ranked near Maldives
- 144 Montenegro 2.49 billion current US$ compare
- 145 Malawi 2.35 billion current US$ compare
- 146 Togo 2.18 billion current US$ compare
- 148 New Caledonia 1.89 billion current US$ compare
- 149 Sierra Leone 1.73 billion current US$ compare
- 150 Suriname 1.58 billion current US$
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 2.17 billion current 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 2.65 billion current US$ in 2018.
- What is the lowest gross capital formation recorded in Maldives?
- The lowest recorded value was 1.03 billion current US$ in 2014.
- How does Maldives rank for gross capital formation?
- Maldives ranks 147th 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 111.1%. 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 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.