Gross Domestic Product — Value US$, 2015 prices in Maldives
Maldives: Gross Domestic Product — Value US$, 2015 prices was 6,351 million USD in 2024. ◆ Volatile
Gross Domestic Product — Value US$, 2015 prices in Maldives, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for gross domestic product — value us$, 2015 prices in Maldives is 6,351 million USD, measured in 2024. That is the highest value across all 55 years on record.
The figure is up 5.1% on the previous year and up 59.9% over ten years.
Over the whole period, gross domestic product — value us$, 2015 prices in Maldives peaked at 6,351 million USD in 2024 and was at its lowest, 194.08 million USD, in 1970.
Maldives ranks 154th of 203 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value US$, 2015 prices in Maldives, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 194.08 million USD | — |
| 1971 | 204.19 million USD | +5.2% |
| 1972 | 209.14 million USD | +2.4% |
| 1973 | 212.44 million USD | +1.6% |
| 1974 | 224.61 million USD | +5.7% |
| 1975 | 206.66 million USD | -8.0% |
| 1976 | 207.9 million USD | +0.6% |
| 1977 | 231.3 million USD | +11.3% |
| 1978 | 265.26 million USD | +14.7% |
| 1979 | 293.55 million USD | +10.7% |
| 1980 | 348.07 million USD | +18.6% |
| 1981 | 389.02 million USD | +11.8% |
| 1982 | 377.3 million USD | -3.0% |
| 1983 | 438.63 million USD | +16.3% |
| 1984 | 556.87 million USD | +27.0% |
| 1985 | 629.19 million USD | +13.0% |
| 1986 | 688.2 million USD | +9.4% |
| 1987 | 749.22 million USD | +8.9% |
| 1988 | 814.56 million USD | +8.7% |
| 1989 | 889.94 million USD | +9.3% |
| 1990 | 1,035 million USD | +16.3% |
| 1991 | 1,114 million USD | +7.7% |
| 1992 | 1,183 million USD | +6.3% |
| 1993 | 1,256 million USD | +6.2% |
| 1994 | 1,340 million USD | +6.6% |
| 1995 | 1,435 million USD | +7.1% |
| 1996 | 1,547 million USD | +7.9% |
| 1997 | 1,677 million USD | +8.4% |
| 1998 | 1,803 million USD | +7.5% |
| 1999 | 1,914 million USD | +6.2% |
| 2000 | 1,988 million USD | +3.8% |
| 2001 | 1,910 million USD | -3.9% |
| 2002 | 2,048 million USD | +7.3% |
| 2003 | 2,330 million USD | +13.7% |
| 2004 | 2,466 million USD | +5.8% |
| 2005 | 2,189 million USD | -11.2% |
| 2006 | 2,706 million USD | +23.6% |
| 2007 | 2,898 million USD | +7.1% |
| 2008 | 3,159 million USD | +9.0% |
| 2009 | 2,901 million USD | -8.2% |
| 2010 | 3,099 million USD | +6.8% |
| 2011 | 3,365 million USD | +8.6% |
| 2012 | 3,444 million USD | +2.4% |
| 2013 | 3,684 million USD | +7.0% |
| 2014 | 3,972 million USD | +7.8% |
| 2015 | 4,130 million USD | +4.0% |
| 2016 | 4,401 million USD | +6.6% |
| 2017 | 4,711 million USD | +7.1% |
| 2018 | 5,120 million USD | +8.7% |
| 2019 | 5,493 million USD | +7.3% |
| 2020 | 3,686 million USD | -32.9% |
| 2021 | 5,068 million USD | +37.5% |
| 2022 | 5,769 million USD | +13.8% |
| 2023 | 6,041 million USD | +4.7% |
| 2024 | 6,351 million USD | +5.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 224.91 million USD | 194.08 million USD | 293.55 million USD | 10 |
| 1980s | 588.1 million USD | 348.07 million USD | 889.94 million USD | 10 |
| 1990s | 1,430 million USD | 1,035 million USD | 1,914 million USD | 10 |
| 2000s | 2,459 million USD | 1,910 million USD | 3,159 million USD | 10 |
| 2010s | 4,142 million USD | 3,099 million USD | 5,493 million USD | 10 |
| 2020s | 5,383 million USD | 3,686 million USD | 6,351 million USD | 5 |
Countries ranked near Maldives
- 151 Mauritania 8,613 million USD compare
- 152 Bermuda 7,294 million USD compare
- 153 Liechtenstein 7,228 million USD compare
- 155 Cayman Islands 6,134 million USD compare
- 156 French Polynesia 6,091 million USD compare
- 157 Barbados 5,783 million USD 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)
- Gross value added at basic prices (GVA) (current LCU), annual growth 8.06 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 12.92 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 188,752 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 5.65 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.772 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 11,283 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 5.65 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 12.24 constant LCU per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic product — value us$, 2015 prices in Maldives?
- Gross domestic product — value us$, 2015 prices in Maldives was 6,351 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$, 2015 prices recorded in Maldives?
- The highest recorded value was 6,351 million USD in 2024.
- What is the lowest gross domestic product — value us$, 2015 prices recorded in Maldives?
- The lowest recorded value was 194.08 million USD in 1970.
- How does Maldives rank for gross domestic product — value us$, 2015 prices?
- Maldives ranks 154th out of 203 countries with data for 2024.
- Is gross domestic product — value us$, 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 US$, 2015 prices. Statizoid updates them automatically from the source API.
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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).