Gross fixed capital formation in Maldives
Maldives: Gross fixed capital formation was 5.4% in 2024. ◆ Volatile
Gross fixed capital formation in Maldives, 2015–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
In 2024, gross fixed capital formation in Maldives stood at 5.4%.
That represents a change of up 290.4% on the previous year and down 54.3% over ten years.
Over the whole period, gross fixed capital formation in Maldives peaked at 30.9% in 2022 and was at its lowest, -55.4%, in 2020.
That places Maldives 76th out of 166 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 fixed capital formation in Maldives, year by year
| Year | annual % growth | Change |
|---|---|---|
| 2015 | 11.8% | — |
| 2016 | 2.2% | -81.8% |
| 2017 | 7.4% | +241.5% |
| 2018 | 26.4% | +258.3% |
| 2019 | -2.9% | -111.2% |
| 2020 | -55.4% | +1780.5% |
| 2021 | -4.2% | -92.5% |
| 2022 | 30.9% | -839.3% |
| 2023 | -2.8% | -109.2% |
| 2024 | 5.4% | -290.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 9.0% | -2.9% | 26.4% | 5 |
| 2020s | -5.2% | -55.4% | 30.9% | 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)
- Gross value added at basic prices (GVA) (current US$), annual growth 7.87 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8378 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 12,244 current US$ per person (2025)
- 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)
Frequently asked questions
- What is gross fixed capital formation in Maldives?
- Gross fixed capital formation in Maldives was 5.4% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross fixed capital formation recorded in Maldives?
- The highest recorded value was 30.9% in 2022.
- What is the lowest gross fixed capital formation recorded in Maldives?
- The lowest recorded value was -55.4% in 2020.
- How does Maldives rank for gross fixed capital formation?
- Maldives ranks 76th out of 166 countries with data for 2024.
- Is gross fixed capital formation rising or falling in Maldives?
- Over the last ten years it is down 54.3%. The long-run trend across the full record is volatile.
- Where does this Maldives data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross fixed capital formation (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.