Gross Fixed Capital Formation — Value US$, 2015 prices (US 2015) in Maldives
Maldives: Gross Fixed Capital Formation — Value US$, 2015 prices (US 2015) was 1,038 million USD in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$, 2015 prices in Maldives, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2024, gross fixed capital formation — value us$, 2015 prices in Maldives stood at 1,038 million USD.
The figure is up 3.5% on the previous year and down 15.6% over ten years.
Over the whole period, gross fixed capital formation — value us$, 2015 prices in Maldives peaked at 1,907 million USD in 2018 and was at its lowest, 5.49 million USD, in 1976.
Maldives ranks 182nd of 235 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, 2015 prices (US 2015) in Maldives, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 9.44 million USD | — |
| 1971 | 9.18 million USD | -2.8% |
| 1972 | 9.17 million USD | -0.1% |
| 1973 | 9.75 million USD | +6.4% |
| 1974 | 10.82 million USD | +10.9% |
| 1975 | 12.47 million USD | +15.2% |
| 1976 | 5.49 million USD | -55.9% |
| 1977 | 8.87 million USD | +61.4% |
| 1978 | 14.94 million USD | +68.4% |
| 1979 | 17.45 million USD | +16.8% |
| 1980 | 42.15 million USD | +141.6% |
| 1981 | 50.88 million USD | +20.7% |
| 1982 | 50.88 million USD | +0.0% |
| 1983 | 52.81 million USD | +3.8% |
| 1984 | 67.45 million USD | +27.7% |
| 1985 | 76.08 million USD | +12.8% |
| 1986 | 83.03 million USD | +9.1% |
| 1987 | 90.54 million USD | +9.0% |
| 1988 | 98.74 million USD | +9.1% |
| 1989 | 108.55 million USD | +9.9% |
| 1990 | 124.05 million USD | +14.3% |
| 1991 | 132.86 million USD | +7.1% |
| 1992 | 144.19 million USD | +8.5% |
| 1993 | 154.6 million USD | +7.2% |
| 1994 | 168.47 million USD | +9.0% |
| 1995 | 157.22 million USD | -6.7% |
| 1996 | 179.8 million USD | +14.4% |
| 1997 | 225.81 million USD | +25.6% |
| 1998 | 232.89 million USD | +3.1% |
| 1999 | 266.52 million USD | +14.4% |
| 2000 | 227.38 million USD | -14.7% |
| 2001 | 246.81 million USD | +8.5% |
| 2002 | 243.05 million USD | -1.5% |
| 2003 | 336.47 million USD | +38.4% |
| 2004 | 458.89 million USD | +36.4% |
| 2005 | 591.54 million USD | +28.9% |
| 2006 | 674.79 million USD | +14.1% |
| 2007 | 849.79 million USD | +25.9% |
| 2008 | 1,021 million USD | +20.1% |
| 2009 | 663.25 million USD | -35.0% |
| 2010 | 715.89 million USD | +7.9% |
| 2011 | 916.38 million USD | +28.0% |
| 2012 | 901.03 million USD | -1.7% |
| 2013 | 1,002 million USD | +11.2% |
| 2014 | 1,230 million USD | +22.8% |
| 2015 | 1,376 million USD | +11.8% |
| 2016 | 1,405 million USD | +2.2% |
| 2017 | 1,509 million USD | +7.4% |
| 2018 | 1,907 million USD | +26.4% |
| 2019 | 1,851 million USD | -2.9% |
| 2020 | 825.22 million USD | -55.4% |
| 2021 | 790.72 million USD | -4.2% |
| 2022 | 1,035 million USD | +30.9% |
| 2023 | 1,003 million USD | -3.1% |
| 2024 | 1,038 million USD | +3.5% |
Maldives compared with similar countries
- Maldives's 1,038 million USD is below the median for upper middle income countries, which is 7,886 million USD, 13% of the median. (54 countries reporting)
- Maldives's 1,038 million USD is below the median for South Asia, which is 16,257 million USD, 6% of the median. (6 countries reporting)
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value US$, 2015 prices (US 2015) in Maldives changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1980 | +141.6% | 17.45 million USD | 42.15 million USD |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 10.76 million USD | 5.49 million USD | 17.45 million USD | 10 |
| 1980s | 72.11 million USD | 42.15 million USD | 108.55 million USD | 10 |
| 1990s | 178.64 million USD | 124.05 million USD | 266.52 million USD | 10 |
| 2000s | 531.27 million USD | 227.38 million USD | 1,021 million USD | 10 |
| 2010s | 1,281 million USD | 715.89 million USD | 1,907 million USD | 10 |
| 2020s | 938.55 million USD | 790.72 million USD | 1,038 million USD | 5 |
Countries ranked near Maldives
- 179 French Polynesia 1,299 million USD compare
- 180 Greenland 1,225 million USD compare
- 181 Cayman Islands 1,195 million USD compare
- 183 Djibouti 972.53 million USD compare
- 184 Netherlands Antilles (former) 942.85 million USD compare
- 185 Fiji 928.4 million USD compare
More economy & growth data for Maldives
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.5 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.5 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 29.4 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0001 units per US$ 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 us$, 2015 prices in Maldives?
- Gross fixed capital formation — value us$, 2015 prices in Maldives was 1,038 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value us$, 2015 prices recorded in Maldives?
- The highest recorded value was 1,907 million USD in 2018.
- What is the lowest gross fixed capital formation — value us$, 2015 prices recorded in Maldives?
- The lowest recorded value was 5.49 million USD in 1976.
- How does Maldives rank for gross fixed capital formation — value us$, 2015 prices?
- Maldives ranks 182nd out of 235 countries with data for 2024.
- Is gross fixed capital formation — value us$, 2015 prices rising or falling in Maldives?
- Over the last ten years it is down 15.6%. 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 US$, 2015 prices. Statizoid updates them automatically from the source API.
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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).