Gross capital formation in Maldives
Maldives: Gross capital formation was 30.8% in 2024. ▼ Falling
Gross capital formation in Maldives, 2014–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
In 2024, gross capital formation in Maldives stood at 30.8%.
That represents a change of down 6.8% on the previous year and up 10.5% over ten years.
Over the whole period, gross capital formation in Maldives peaked at 49.0% in 2018 and was at its lowest, 25.2%, in 2021.
That places Maldives 32nd out of 187 countries with data for 2024, putting it in the top 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 | % of GDP | Change |
|---|---|---|
| 2014 | 27.9% | — |
| 2015 | 31.9% | +14.5% |
| 2016 | 39.8% | +24.6% |
| 2017 | 42.8% | +7.7% |
| 2018 | 49.0% | +14.4% |
| 2019 | 43.2% | -11.9% |
| 2020 | 35.5% | -17.7% |
| 2021 | 25.2% | -29.1% |
| 2022 | 33.0% | +31.0% |
| 2023 | 33.1% | +0.2% |
| 2024 | 30.8% | -6.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 39.1% | 27.9% | 49.0% | 6 |
| 2020s | 31.5% | 25.2% | 35.5% | 5 |
Countries ranked near Maldives
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), annual growth rate -0.6109 % change on previous year (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)
Frequently asked questions
- What is gross capital formation in Maldives?
- Gross capital formation in Maldives was 30.8% 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 49.0% in 2018.
- What is the lowest gross capital formation recorded in Maldives?
- The lowest recorded value was 25.2% in 2021.
- How does Maldives rank for gross capital formation?
- Maldives ranks 32nd 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 10.5%. 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 (% of GDP). Statizoid updates them automatically from the source API.
Download this data
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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.