Gross Fixed Capital Formation — Value Standard Local Currency in Maldives
Maldives: Gross Fixed Capital Formation — Value Standard Local Currency was 38,101 million SLC in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency in Maldives, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Maldives recorded 38,101 million SLC for gross fixed capital formation — value standard local currency in 2024.
The figure is up 7.4% on the previous year and up 150.7% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency in Maldives peaked at 39,744 million SLC in 2018 and was at its lowest, 32.2 million SLC, in 1970.
Maldives ranks 147th of 230 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 Fixed Capital Formation — Value Standard Local Currency in Maldives, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 32.2 million SLC | — |
| 1971 | 35.71 million SLC | +10.9% |
| 1972 | 38.23 million SLC | +7.1% |
| 1973 | 42.87 million SLC | +12.1% |
| 1974 | 54.16 million SLC | +26.3% |
| 1975 | 50.31 million SLC | -7.1% |
| 1976 | 64.86 million SLC | +28.9% |
| 1977 | 61.22 million SLC | -5.6% |
| 1978 | 76.8 million SLC | +25.5% |
| 1979 | 107.64 million SLC | +40.1% |
| 1980 | 119.96 million SLC | +11.5% |
| 1981 | 101.16 million SLC | -15.7% |
| 1982 | 113.25 million SLC | +12.0% |
| 1983 | 182.52 million SLC | +61.2% |
| 1984 | 233.1 million SLC | +27.7% |
| 1985 | 258.73 million SLC | +11.0% |
| 1986 | 290.54 million SLC | +12.3% |
| 1987 | 373.32 million SLC | +28.5% |
| 1988 | 424.02 million SLC | +13.6% |
| 1989 | 491.44 million SLC | +15.9% |
| 1990 | 588.97 million SLC | +19.8% |
| 1991 | 714.65 million SLC | +21.3% |
| 1992 | 866.87 million SLC | +21.3% |
| 1993 | 1,008 million SLC | +16.3% |
| 1994 | 1,191 million SLC | +18.1% |
| 1995 | 1,462 million SLC | +22.7% |
| 1996 | 1,600 million SLC | +9.5% |
| 1997 | 1,961 million SLC | +22.6% |
| 1998 | 1,888 million SLC | -3.7% |
| 1999 | 2,306 million SLC | +22.1% |
| 2000 | 1,912 million SLC | -17.1% |
| 2001 | 2,123 million SLC | +11.0% |
| 2002 | 2,400 million SLC | +13.0% |
| 2003 | 3,456 million SLC | +44.0% |
| 2004 | 3,954 million SLC | +14.4% |
| 2005 | 5,082 million SLC | +28.5% |
| 2006 | 5,998 million SLC | +18.0% |
| 2007 | 7,064 million SLC | +17.8% |
| 2008 | 10,586 million SLC | +49.9% |
| 2009 | 8,278 million SLC | -21.8% |
| 2010 | 9,488 million SLC | +14.6% |
| 2011 | 11,766 million SLC | +24.0% |
| 2012 | 10,941 million SLC | -7.0% |
| 2013 | 11,828 million SLC | +8.1% |
| 2014 | 15,201 million SLC | +28.5% |
| 2015 | 21,141 million SLC | +39.1% |
| 2016 | 27,081 million SLC | +28.1% |
| 2017 | 30,509 million SLC | +12.7% |
| 2018 | 39,744 million SLC | +30.3% |
| 2019 | 38,800 million SLC | -2.4% |
| 2020 | 22,167 million SLC | -42.9% |
| 2021 | 22,637 million SLC | +2.1% |
| 2022 | 34,846 million SLC | +53.9% |
| 2023 | 35,479 million SLC | +1.8% |
| 2024 | 38,101 million SLC | +7.4% |
Maldives compared with similar countries
- Maldives's 38,101 million SLC is below the median for upper middle income countries, which is 199,742 million SLC, 19% of the median. (54 countries reporting)
- Maldives's 38,101 million SLC is below the median for South Asia, which is 3.57 million million SLC, 1% of the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 56.4 million SLC | 32.2 million SLC | 107.64 million SLC | 10 |
| 1980s | 258.81 million SLC | 101.16 million SLC | 491.44 million SLC | 10 |
| 1990s | 1,359 million SLC | 588.97 million SLC | 2,306 million SLC | 10 |
| 2000s | 5,085 million SLC | 1,912 million SLC | 10,586 million SLC | 10 |
| 2010s | 21,650 million SLC | 9,488 million SLC | 39,744 million SLC | 10 |
| 2020s | 30,646 million SLC | 22,167 million SLC | 38,101 million SLC | 5 |
Countries ranked near Maldives
- 144 Cabo Verde 52,503 million SLC compare
- 145 Sierra Leone 50,285 million SLC compare
- 146 Vanuatu 46,289 million SLC compare
- 148 Greece 36,467 million SLC compare
- 149 Bulgaria 36,389 million SLC compare
- 150 Yugoslav SFR 34,192 million SLC 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)
- 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 fixed capital formation — value standard local currency in Maldives?
- Gross fixed capital formation — value standard local currency in Maldives was 38,101 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value standard local currency recorded in Maldives?
- The highest recorded value was 39,744 million SLC in 2018.
- What is the lowest gross fixed capital formation — value standard local currency recorded in Maldives?
- The lowest recorded value was 32.2 million SLC in 1970.
- How does Maldives rank for gross fixed capital formation — value standard local currency?
- Maldives ranks 147th out of 230 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency rising or falling in Maldives?
- Over the last ten years it is up 150.7%. The long-run trend across the full record is volatile.
- Where does this Maldives data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).