Gross national expenditure (constant LCU), annual growth rate in Maldives
Maldives: Gross national expenditure (constant LCU), annual growth rate was 9.03 % change on previous year in 2024. ◆ Volatile
Gross national expenditure (constant LCU), annual growth rate in Maldives, 2015–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross national expenditure (constant lcu), annual growth rate in Maldives is 9.03 % change on previous year, measured in 2024.
The figure is up 335.0% on the previous year and up 240.1% over ten years.
Over the whole period, gross national expenditure (constant lcu), annual growth rate in Maldives peaked at 26.26 % change on previous year in 2022 and was at its lowest, -29.99 % change on previous year, in 2020.
That places Maldives 13th out of 168 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross national expenditure (constant LCU), annual growth rate in Maldives, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2015 | 2.65 % change on previous year | — |
| 2016 | 9.18 % change on previous year | +245.9% |
| 2017 | 7.25 % change on previous year | -21.0% |
| 2018 | 11.65 % change on previous year | +60.8% |
| 2019 | 3.61 % change on previous year | -69.1% |
| 2020 | -29.99 % change on previous year | -931.3% |
| 2021 | -5.75 % change on previous year | -80.8% |
| 2022 | 26.26 % change on previous year | -556.8% |
| 2023 | 2.08 % change on previous year | -92.1% |
| 2024 | 9.03 % change on previous year | +335.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 6.87 % change on previous year | 2.65 % change on previous year | 11.65 % change on previous year | 5 |
| 2020s | 0.3264 % change on previous year | -29.99 % change on previous year | 26.26 % change on previous year | 5 |
Countries ranked near Maldives
- 10 Uganda 9.67 % change on previous year compare
- 11 Sao Tome and Principe 9.51 % change on previous year compare
- 12 United Arab Emirates 9.22 % change on previous year compare
- 14 Rwanda 8.64 % change on previous year compare
- 15 Paraguay 8.59 % change on previous year compare
- 16 Argentina 8.56 % 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 national expenditure (constant lcu), annual growth rate in Maldives?
- Gross national expenditure (constant lcu), annual growth rate in Maldives was 9.03 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross national expenditure (constant lcu), annual growth rate recorded in Maldives?
- The highest recorded value was 26.26 % change on previous year in 2022.
- What is the lowest gross national expenditure (constant lcu), annual growth rate recorded in Maldives?
- The lowest recorded value was -29.99 % change on previous year in 2020.
- How does Maldives rank for gross national expenditure (constant lcu), annual growth rate?
- Maldives ranks 13th out of 168 countries with data for 2024.
- Is gross national expenditure (constant lcu), annual growth rate rising or falling in Maldives?
- Over the last ten years it is up 240.1%. 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 national expenditure (constant 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 national expenditure (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross national expenditure 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 national expenditure (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.