Gross Domestic Product — Value Standard Local Currency, 2015 prices in Maldives
Maldives: Gross Domestic Product — Value Standard Local Currency, 2015 prices was 97,599 million SLC in 2024. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Maldives, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2024, gross domestic product — value standard local currency, 2015 prices in Maldives stood at 97,599 million SLC. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 5.1% on the previous year and up 59.9% over ten years.
Over the whole period, gross domestic product — value standard local currency, 2015 prices in Maldives peaked at 97,599 million SLC in 2024 and was at its lowest, 2,982 million SLC, in 1970.
That places Maldives 125th out of 194 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Maldives, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 2,982 million SLC | — |
| 1971 | 3,138 million SLC | +5.2% |
| 1972 | 3,214 million SLC | +2.4% |
| 1973 | 3,264 million SLC | +1.6% |
| 1974 | 3,451 million SLC | +5.7% |
| 1975 | 3,176 million SLC | -8.0% |
| 1976 | 3,195 million SLC | +0.6% |
| 1977 | 3,554 million SLC | +11.3% |
| 1978 | 4,076 million SLC | +14.7% |
| 1979 | 4,511 million SLC | +10.7% |
| 1980 | 5,349 million SLC | +18.6% |
| 1981 | 5,978 million SLC | +11.8% |
| 1982 | 5,798 million SLC | -3.0% |
| 1983 | 6,740 million SLC | +16.3% |
| 1984 | 8,557 million SLC | +27.0% |
| 1985 | 9,668 million SLC | +13.0% |
| 1986 | 10,575 million SLC | +9.4% |
| 1987 | 11,513 million SLC | +8.9% |
| 1988 | 12,517 million SLC | +8.7% |
| 1989 | 13,675 million SLC | +9.3% |
| 1990 | 15,898 million SLC | +16.3% |
| 1991 | 17,114 million SLC | +7.7% |
| 1992 | 18,185 million SLC | +6.3% |
| 1993 | 19,304 million SLC | +6.2% |
| 1994 | 20,586 million SLC | +6.6% |
| 1995 | 22,046 million SLC | +7.1% |
| 1996 | 23,778 million SLC | +7.9% |
| 1997 | 25,775 million SLC | +8.4% |
| 1998 | 27,707 million SLC | +7.5% |
| 1999 | 29,418 million SLC | +6.2% |
| 2000 | 30,549 million SLC | +3.8% |
| 2001 | 29,344 million SLC | -3.9% |
| 2002 | 31,477 million SLC | +7.3% |
| 2003 | 35,805 million SLC | +13.7% |
| 2004 | 37,888 million SLC | +5.8% |
| 2005 | 33,636 million SLC | -11.2% |
| 2006 | 41,576 million SLC | +23.6% |
| 2007 | 44,537 million SLC | +7.1% |
| 2008 | 48,537 million SLC | +9.0% |
| 2009 | 44,577 million SLC | -8.2% |
| 2010 | 47,624 million SLC | +6.8% |
| 2011 | 51,707 million SLC | +8.6% |
| 2012 | 52,929 million SLC | +2.4% |
| 2013 | 56,615 million SLC | +7.0% |
| 2014 | 61,031 million SLC | +7.8% |
| 2015 | 63,455 million SLC | +4.0% |
| 2016 | 67,626 million SLC | +6.6% |
| 2017 | 72,396 million SLC | +7.1% |
| 2018 | 78,672 million SLC | +8.7% |
| 2019 | 84,414 million SLC | +7.3% |
| 2020 | 56,634 million SLC | -32.9% |
| 2021 | 77,876 million SLC | +37.5% |
| 2022 | 88,644 million SLC | +13.8% |
| 2023 | 92,833 million SLC | +4.7% |
| 2024 | 97,599 million SLC | +5.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3,456 million SLC | 2,982 million SLC | 4,511 million SLC | 10 |
| 1980s | 9,037 million SLC | 5,349 million SLC | 13,675 million SLC | 10 |
| 1990s | 21,981 million SLC | 15,898 million SLC | 29,418 million SLC | 10 |
| 2000s | 37,793 million SLC | 29,344 million SLC | 48,537 million SLC | 10 |
| 2010s | 63,647 million SLC | 47,624 million SLC | 84,414 million SLC | 10 |
| 2020s | 82,717 million SLC | 56,634 million SLC | 97,599 million SLC | 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)
- Exports of goods and services (current LCU), annual growth rate 12.68 % change on previous year (2024)
- Exports of goods and services (current LCU), per unit of GDP 12.04 current LCU per US$ of GDP (2024)
- Exports of goods and services (current LCU), per capita 161,041 current LCU per person (2024)
- Exports of goods and services (constant 2015 US$), annual growth rate 5.18 % change on previous year (2024)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.8459 constant 2015 US$ per US$ of GDP (2024)
- Exports of goods and services (constant 2015 US$), per capita 11,317 constant 2015 US$ per person (2024)
- Gross fixed capital formation (current US$), annual growth rate 6.73 % change on previous year (2024)
- Gross fixed capital formation (current US$), per unit of GDP 0.3484 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is gross domestic product — value standard local currency, 2015 prices in Maldives?
- Gross domestic product — value standard local currency, 2015 prices in Maldives was 97,599 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value standard local currency, 2015 prices recorded in Maldives?
- The highest recorded value was 97,599 million SLC in 2024.
- What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Maldives?
- The lowest recorded value was 2,982 million SLC in 1970.
- How does Maldives rank for gross domestic product — value standard local currency, 2015 prices?
- Maldives ranks 125th out of 194 countries with data for 2024.
- Is gross domestic product — value standard local currency, 2015 prices rising or falling in Maldives?
- Over the last ten years it is up 59.9%. The long-run trend across the full record is volatile.
- Where does this Maldives data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).