Gross national expenditure (constant 2015 US$) in Maldives
Maldives: Gross national expenditure (constant 2015 US$) was 4.98 billion constant 2015 US$ in 2024. ▲ Rising
Gross national expenditure in Maldives, 2014–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
Maldives recorded 4.98 billion constant 2015 US$ for gross national expenditure in 2024.
That represents a change of up 8.3% on the previous year and up 36.6% over ten years.
Over the whole period, gross national expenditure in Maldives peaked at 5.11 billion constant 2015 US$ in 2019 and was at its lowest, 3.63 billion constant 2015 US$, in 2021.
Maldives ranks 140th of 163 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 11 years of available data.
Gross national expenditure (constant 2015 US$) in Maldives, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 2014 | 3.64 billion constant 2015 US$ | — |
| 2015 | 3.75 billion constant 2015 US$ | +3.0% |
| 2016 | 4.10 billion constant 2015 US$ | +9.3% |
| 2017 | 4.39 billion constant 2015 US$ | +7.0% |
| 2018 | 4.89 billion constant 2015 US$ | +11.4% |
| 2019 | 5.11 billion constant 2015 US$ | +4.6% |
| 2020 | 3.73 billion constant 2015 US$ | -27.0% |
| 2021 | 3.63 billion constant 2015 US$ | -2.7% |
| 2022 | 4.44 billion constant 2015 US$ | +22.3% |
| 2023 | 4.59 billion constant 2015 US$ | +3.4% |
| 2024 | 4.98 billion constant 2015 US$ | +8.3% |
Maldives compared with similar countries
- Maldives's 4.98 billion constant 2015 US$ is below the median for upper middle income countries, which is 63.48 billion constant 2015 US$, 8% of the median. (45 countries reporting)
- Maldives's 4.98 billion constant 2015 US$ is below the median for South Asia, which is 72.22 billion constant 2015 US$, 7% of the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 4.31 billion constant 2015 US$ | 3.64 billion constant 2015 US$ | 5.11 billion constant 2015 US$ | 6 |
| 2020s | 4.28 billion constant 2015 US$ | 3.63 billion constant 2015 US$ | 4.98 billion constant 2015 US$ | 5 |
Countries ranked near Maldives
- 137 Congo 10.53 billion constant 2015 US$ compare
- 138 Equatorial Guinea 9.99 billion constant 2015 US$ compare
- 139 Montenegro 7.89 billion constant 2015 US$ compare
- 141 Bermuda 4.88 billion constant 2015 US$ compare
- 142 Eswatini 4.49 billion constant 2015 US$ compare
- 143 Djibouti 3.71 billion constant 2015 US$ 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 national expenditure in Maldives?
- Gross national expenditure in Maldives was 4.98 billion constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross national expenditure recorded in Maldives?
- The highest recorded value was 5.11 billion constant 2015 US$ in 2019.
- What is the lowest gross national expenditure recorded in Maldives?
- The lowest recorded value was 3.63 billion constant 2015 US$ in 2021.
- How does Maldives rank for gross national expenditure?
- Maldives ranks 140th out of 163 countries with data for 2024.
- Is gross national expenditure rising or falling in Maldives?
- Over the last ten years it is up 36.6%. 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 Organizations and/or Central Banks, published as part of Gross national expenditure (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Gross national expenditure is the sum of household final consumption expenditure, general government final consumption expenditure, and gross capital formation. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.