Gross Domestic Product — Value US$ in Maldives
Maldives: Gross Domestic Product — Value US$ was 6,975 million USD in 2024. ◆ Volatile
Gross Domestic Product — Value US$ in Maldives, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2024, gross domestic product — value us$ in Maldives stood at 6,975 million USD. That is the highest value across all 55 years on record.
That represents a change of up 5.8% on the previous year and up 88.7% over ten years.
Over the whole period, gross domestic product — value us$ in Maldives peaked at 6,975 million USD in 2024 and was at its lowest, 42.39 million USD, in 1970.
Maldives ranks 183rd of 236 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$ in Maldives, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 42.39 million USD | — |
| 1971 | 47.25 million USD | +11.5% |
| 1972 | 55.15 million USD | +16.7% |
| 1973 | 67.75 million USD | +22.9% |
| 1974 | 85.79 million USD | +26.6% |
| 1975 | 53.77 million USD | -37.3% |
| 1976 | 49.09 million USD | -8.7% |
| 1977 | 45.75 million USD | -6.8% |
| 1978 | 53.45 million USD | +16.8% |
| 1979 | 84.5 million USD | +58.1% |
| 1980 | 93.12 million USD | +10.2% |
| 1981 | 98.46 million USD | +5.7% |
| 1982 | 125.13 million USD | +27.1% |
| 1983 | 130.69 million USD | +4.4% |
| 1984 | 150.6 million USD | +15.2% |
| 1985 | 166.01 million USD | +10.2% |
| 1986 | 185.2 million USD | +11.6% |
| 1987 | 184.33 million USD | -0.5% |
| 1988 | 219.96 million USD | +19.3% |
| 1989 | 247.37 million USD | +12.5% |
| 1990 | 280.69 million USD | +13.5% |
| 1991 | 319.01 million USD | +13.7% |
| 1992 | 371.83 million USD | +16.6% |
| 1993 | 420.83 million USD | +13.2% |
| 1994 | 464.69 million USD | +10.4% |
| 1995 | 566.35 million USD | +21.9% |
| 1996 | 639.31 million USD | +12.9% |
| 1997 | 721.42 million USD | +12.8% |
| 1998 | 766.65 million USD | +6.3% |
| 1999 | 836.42 million USD | +9.1% |
| 2000 | 886.23 million USD | +6.0% |
| 2001 | 887.12 million USD | +0.1% |
| 2002 | 913.33 million USD | +3.0% |
| 2003 | 1,052 million USD | +15.2% |
| 2004 | 1,227 million USD | +16.6% |
| 2005 | 1,163 million USD | -5.2% |
| 2006 | 1,575 million USD | +35.4% |
| 2007 | 1,868 million USD | +18.6% |
| 2008 | 2,272 million USD | +21.6% |
| 2009 | 2,345 million USD | +3.2% |
| 2010 | 2,588 million USD | +10.4% |
| 2011 | 2,774 million USD | +7.2% |
| 2012 | 2,886 million USD | +4.0% |
| 2013 | 3,295 million USD | +14.2% |
| 2014 | 3,697 million USD | +12.2% |
| 2015 | 4,130 million USD | +11.7% |
| 2016 | 4,410 million USD | +6.8% |
| 2017 | 4,816 million USD | +9.2% |
| 2018 | 5,404 million USD | +12.2% |
| 2019 | 5,726 million USD | +6.0% |
| 2020 | 3,713 million USD | -35.2% |
| 2021 | 5,252 million USD | +41.5% |
| 2022 | 6,177 million USD | +17.6% |
| 2023 | 6,591 million USD | +6.7% |
| 2024 | 6,975 million USD | +5.8% |
Maldives compared with similar countries
- Maldives's 6,975 million USD is below the median for upper middle income countries, which is 44,912 million USD, 16% of the median. (54 countries reporting)
- Maldives's 6,975 million USD is below the median for South Asia, which is 71,366 million USD, 10% of the median. (6 countries reporting)
Biggest year-on-year movements
Years where Gross Domestic Product — Value US$ in Maldives changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1975 | -37.3% | 85.79 million USD | 53.77 million USD |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 58.49 million USD | 42.39 million USD | 85.79 million USD | 10 |
| 1980s | 160.09 million USD | 93.12 million USD | 247.37 million USD | 10 |
| 1990s | 538.72 million USD | 280.69 million USD | 836.42 million USD | 10 |
| 2000s | 1,419 million USD | 886.23 million USD | 2,345 million USD | 10 |
| 2010s | 3,973 million USD | 2,588 million USD | 5,726 million USD | 10 |
| 2020s | 5,742 million USD | 3,713 million USD | 6,975 million USD | 5 |
Countries ranked near Maldives
- 180 Cayman Islands 7,552 million USD compare
- 181 Sierra Leone 7,351 million USD compare
- 182 Barbados 7,165 million USD compare
- 184 French Polynesia 6,606 million USD compare
- 185 Fiji 5,841 million USD compare
- 186 Liberia 5,452 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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0029 units per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic product — value us$ in Maldives?
- Gross domestic product — value us$ in Maldives was 6,975 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$ recorded in Maldives?
- The highest recorded value was 6,975 million USD in 2024.
- What is the lowest gross domestic product — value us$ recorded in Maldives?
- The lowest recorded value was 42.39 million USD in 1970.
- How does Maldives rank for gross domestic product — value us$?
- Maldives ranks 183rd out of 236 countries with data for 2024.
- Is gross domestic product — value us$ rising or falling in Maldives?
- Over the last ten years it is up 88.7%. 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$. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
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).