Gross fixed capital formation (current LCU), annual growth rate in Maldives
Maldives: Gross fixed capital formation (current LCU), annual growth rate was 6.75 % change on previous year in 2024. ◆ Volatile
Gross fixed capital formation (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 fixed capital formation (current lcu), annual growth rate in Maldives is 6.75 % change on previous year, measured in 2024.
The figure is up 277.8% on the previous year and down 82.7% over ten years.
Over the whole period, gross fixed capital formation (current lcu), annual growth rate in Maldives peaked at 53.93 % change on previous year in 2022 and was at its lowest, -42.87 % change on previous year, in 2020.
That places Maldives 98th out of 179 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 (current LCU), annual growth rate in Maldives, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2015 | 39.08 % change on previous year | — |
| 2016 | 28.1 % change on previous year | -28.1% |
| 2017 | 12.66 % change on previous year | -55.0% |
| 2018 | 30.27 % change on previous year | +139.2% |
| 2019 | -2.38 % change on previous year | -107.8% |
| 2020 | -42.87 % change on previous year | +1704.9% |
| 2021 | 2.12 % change on previous year | -105.0% |
| 2022 | 53.93 % change on previous year | +2441.5% |
| 2023 | 1.79 % change on previous year | -96.7% |
| 2024 | 6.75 % change on previous year | +277.8% |
Maldives compared with similar countries
- Maldives's 6.75 % change on previous year is below the median for upper middle income countries, which is 10.18 % change on previous year, 66% of the median. (50 countries reporting)
- Maldives's 6.75 % change on previous year is above the median for South Asia, which is 6.53 % change on previous year, 1.0× the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 21.55 % change on previous year | -2.38 % change on previous year | 39.08 % change on previous year | 5 |
| 2020s | 4.34 % change on previous year | -42.87 % change on previous year | 53.93 % change on previous year | 5 |
Countries ranked near Maldives
- 95 Comoros 6.9 % change on previous year compare
- 96 Colombia 6.83 % change on previous year compare
- 97 Hong Kong 6.77 % change on previous year compare
- 99 Cambodia 6.67 % change on previous year compare
- 100 Poland 6.51 % change on previous year compare
- 101 United Kingdom 6.34 % change on previous year 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 0 BoP, current US$ (1989)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0 BoP, current US$ per US$ of GDP (1989)
- Foreign direct investment, net outflows (BoP, current US$), per capita 0 BoP, current US$ per person (1989)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 806.20 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 5.13 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.1142 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,527 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 46.1 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation (current lcu), annual growth rate in Maldives?
- Gross fixed capital formation (current lcu), annual growth rate in Maldives was 6.75 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation (current lcu), annual growth rate recorded in Maldives?
- The highest recorded value was 53.93 % change on previous year in 2022.
- What is the lowest gross fixed capital formation (current lcu), annual growth rate recorded in Maldives?
- The lowest recorded value was -42.87 % change on previous year in 2020.
- How does Maldives rank for gross fixed capital formation (current lcu), annual growth rate?
- Maldives ranks 98th out of 179 countries with data for 2024.
- Is gross fixed capital formation (current lcu), annual growth rate rising or falling in Maldives?
- Over the last ten years it is down 82.7%. 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 fixed capital formation (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 fixed capital formation (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross fixed capital formation 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 fixed capital formation (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.