Gross fixed capital formation (current US$) in Maldives
Maldives: Gross fixed capital formation (current US$) was 2.46 billion current US$ in 2024. ▲ Rising
Gross fixed capital formation in Maldives, 2014–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
Maldives recorded 2.46 billion current US$ for gross fixed capital formation in 2024.
That represents a change of up 6.7% on the previous year and up 148.9% over ten years.
Over the whole period, gross fixed capital formation in Maldives peaked at 2.58 billion current US$ in 2018 and was at its lowest, 988.34 million current US$, in 2014.
That places Maldives 142nd out of 181 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 11 years of available data.
Gross fixed capital formation (current US$) in Maldives, year by year
| Year | current US$ | Change |
|---|---|---|
| 2014 | 988.34 million current US$ | — |
| 2015 | 1.38 billion current US$ | +39.2% |
| 2016 | 1.76 billion current US$ | +28.1% |
| 2017 | 1.98 billion current US$ | +12.5% |
| 2018 | 2.58 billion current US$ | +30.2% |
| 2019 | 2.52 billion current US$ | -2.3% |
| 2020 | 1.44 billion current US$ | -42.9% |
| 2021 | 1.47 billion current US$ | +2.2% |
| 2022 | 2.26 billion current US$ | +53.8% |
| 2023 | 2.31 billion current US$ | +1.8% |
| 2024 | 2.46 billion current US$ | +6.7% |
Maldives compared with similar countries
- Maldives's 2.46 billion current US$ is below the median for upper middle income countries, which is 10.71 billion current US$, 23% of the median. (51 countries reporting)
- Maldives's 2.46 billion current US$ is below the median for South Asia, which is 16.66 billion current US$, 15% of the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.87 billion current US$ | 988.34 million current US$ | 2.58 billion current US$ | 6 |
| 2020s | 1.99 billion current US$ | 1.44 billion current US$ | 2.46 billion current US$ | 5 |
Countries ranked near Maldives
- 139 Mauritius 3.19 billion current US$ compare
- 140 Mauritania 3.15 billion current US$ compare
- 141 Afghanistan 3.03 billion current US$ compare
- 143 Montenegro 2.06 billion current US$ compare
- 144 Togo 2.04 billion current US$ compare
- 145 New Caledonia 1.89 billion current US$ 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 fixed capital formation in Maldives?
- Gross fixed capital formation in Maldives was 2.46 billion current US$ 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 2.58 billion current US$ in 2018.
- What is the lowest gross fixed capital formation recorded in Maldives?
- The lowest recorded value was 988.34 million current US$ in 2014.
- How does Maldives rank for gross fixed capital formation?
- Maldives ranks 142nd out of 181 countries with data for 2024.
- Is gross fixed capital formation rising or falling in Maldives?
- Over the last ten years it is up 148.9%. 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 Offices (NSOs), published as part of Gross fixed capital formation (current US$). Statizoid updates them automatically from the source API.
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CSV · JSON — 11 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.