Gross domestic savings (current LCU), annual growth rate (LCU annual) in Maldives
Maldives: Gross domestic savings (current LCU), annual growth rate (LCU annual) was 3.18 % change on previous year in 2024. ◆ Volatile
Gross domestic savings (current LCU), annual growth rate in Maldives, 2015–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross domestic savings (current lcu), annual growth rate in Maldives is 3.18 % change on previous year, measured in 2024.
Compared with earlier readings it is up 157.0% on the previous year and up 6.9% over ten years.
Over the whole period, gross domestic savings (current lcu), annual growth rate in Maldives peaked at 178.88 % change on previous year in 2021 and was at its lowest, -69.16 % change on previous year, in 2020.
Maldives ranks 106th of 185 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic savings (current LCU), annual growth rate (LCU annual) in Maldives, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2015 | 2.98 % change on previous year | — |
| 2016 | 0.49 % change on previous year | -83.6% |
| 2017 | 10.52 % change on previous year | +2046.9% |
| 2018 | 13.24 % change on previous year | +25.9% |
| 2019 | -0.327 % change on previous year | -102.5% |
| 2020 | -69.16 % change on previous year | +21048.0% |
| 2021 | 178.88 % change on previous year | -358.7% |
| 2022 | 22.15 % change on previous year | -87.6% |
| 2023 | -5.58 % change on previous year | -125.2% |
| 2024 | 3.18 % change on previous year | -157.0% |
Maldives compared with similar countries
- Maldives's 3.18 % change on previous year is below the median for upper middle income countries, which is 5.34 % change on previous year, 60% of the median. (51 countries reporting)
- Maldives's 3.18 % change on previous year is below the median for South Asia, which is 9.32 % change on previous year, 34% of the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 5.38 % change on previous year | -0.327 % change on previous year | 13.24 % change on previous year | 5 |
| 2020s | 25.89 % change on previous year | -69.16 % change on previous year | 178.88 % change on previous year | 5 |
Countries ranked near Maldives
- 103 Denmark 3.67 % change on previous year compare
- 104 Finland 3.48 % change on previous year compare
- 105 Slovenia 3.35 % change on previous year compare
- 107 Algeria 2.8 % change on previous year compare
- 108 Bolivia 2.33 % change on previous year compare
- 109 Kiribati 2.3 % change on previous year compare
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 domestic savings (current lcu), annual growth rate in Maldives?
- Gross domestic savings (current lcu), annual growth rate in Maldives was 3.18 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross domestic savings (current lcu), annual growth rate recorded in Maldives?
- The highest recorded value was 178.88 % change on previous year in 2021.
- What is the lowest gross domestic savings (current lcu), annual growth rate recorded in Maldives?
- The lowest recorded value was -69.16 % change on previous year in 2020.
- How does Maldives rank for gross domestic savings (current lcu), annual growth rate?
- Maldives ranks 106th out of 185 countries with data for 2024.
- Is gross domestic savings (current lcu), annual growth rate rising or falling in Maldives?
- Over the last ten years it is up 6.9%. The long-run trend across the full record is volatile.
- Where does this Maldives data come from?
- The figures come from Statizoid (derived), published as part of Gross domestic savings (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 10 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross domestic savings (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross domestic savings Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross domestic savings (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.