Gross domestic savings (current LCU) in Maldives
Maldives: Gross domestic savings (current LCU) was 33.42 billion current LCU in 2024. ▲ Rising
Gross domestic savings in Maldives, 2014–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
The most recent figure for gross domestic savings in Maldives is 33.42 billion current LCU, measured in 2024.
The figure is up 3.2% on the previous year and up 32.1% over ten years.
Over the whole period, gross domestic savings in Maldives peaked at 34.30 billion current LCU in 2022 and was at its lowest, 10.07 billion current LCU, in 2020.
That places Maldives 112th out of 188 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 11 years of available data.
Gross domestic savings (current LCU) in Maldives, year by year
| Year | current LCU | Change |
|---|---|---|
| 2014 | 25.29 billion current LCU | — |
| 2015 | 26.04 billion current LCU | +3.0% |
| 2016 | 26.17 billion current LCU | +0.5% |
| 2017 | 28.92 billion current LCU | +10.5% |
| 2018 | 32.75 billion current LCU | +13.2% |
| 2019 | 32.64 billion current LCU | -0.3% |
| 2020 | 10.07 billion current LCU | -69.2% |
| 2021 | 28.08 billion current LCU | +178.9% |
| 2022 | 34.30 billion current LCU | +22.2% |
| 2023 | 32.38 billion current LCU | -5.6% |
| 2024 | 33.42 billion current LCU | +3.2% |
Maldives compared with similar countries
- Maldives's 33.42 billion current LCU is below the median for upper middle income countries, which is 263.83 billion current LCU, 13% of the median. (52 countries reporting)
- Maldives's 33.42 billion current LCU is below the median for South Asia, which is 4.43 trillion current LCU, 1% of the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 28.64 billion current LCU | 25.29 billion current LCU | 32.75 billion current LCU | 6 |
| 2020s | 27.65 billion current LCU | 10.07 billion current LCU | 34.30 billion current LCU | 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)
- 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 savings in Maldives?
- Gross domestic savings in Maldives was 33.42 billion current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross domestic savings recorded in Maldives?
- The highest recorded value was 34.30 billion current LCU in 2022.
- What is the lowest gross domestic savings recorded in Maldives?
- The lowest recorded value was 10.07 billion current LCU in 2020.
- How does Maldives rank for gross domestic savings?
- Maldives ranks 112th out of 188 countries with data for 2024.
- Is gross domestic savings rising or falling in Maldives?
- Over the last ten years it is up 32.1%. The long-run trend across the full record is rising.
- 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 domestic savings (current LCU). Statizoid updates them automatically from the source API.
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About this data
Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.