Gross national expenditure (current LCU) in Maldives
Maldives: Gross national expenditure (current LCU) was 108.72 billion current LCU in 2024. ▲ Rising
Gross national expenditure in Maldives, 2014–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2024, gross national expenditure in Maldives stood at 108.72 billion current LCU. That is the highest value across all 11 years on record.
The figure is up 5.4% on the previous year and up 129.3% over ten years.
Over the whole period, gross national expenditure in Maldives peaked at 108.72 billion current LCU in 2024 and was at its lowest, 47.42 billion current LCU, in 2014.
Maldives ranks 140th of 186 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 (current LCU) in Maldives, year by year
| Year | current LCU | Change |
|---|---|---|
| 2014 | 47.42 billion current LCU | — |
| 2015 | 57.66 billion current LCU | +21.6% |
| 2016 | 68.56 billion current LCU | +18.9% |
| 2017 | 76.92 billion current LCU | +12.2% |
| 2018 | 91.16 billion current LCU | +18.5% |
| 2019 | 93.45 billion current LCU | +2.5% |
| 2020 | 67.31 billion current LCU | -28.0% |
| 2021 | 73.00 billion current LCU | +8.4% |
| 2022 | 92.10 billion current LCU | +26.2% |
| 2023 | 103.16 billion current LCU | +12.0% |
| 2024 | 108.72 billion current LCU | +5.4% |
Maldives compared with similar countries
- Maldives's 108.72 billion current LCU is below the median for upper middle income countries, which is 1.71 trillion current LCU, 6% of the median. (52 countries reporting)
- Maldives's 108.72 billion current LCU is below the median for South Asia, which is 20.81 trillion current LCU, 1% of the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 72.53 billion current LCU | 47.42 billion current LCU | 93.45 billion current LCU | 6 |
| 2020s | 88.86 billion current LCU | 67.31 billion current LCU | 108.72 billion current LCU | 5 |
Countries ranked near Maldives
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 108.72 billion current LCU 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 108.72 billion current LCU in 2024.
- What is the lowest gross national expenditure recorded in Maldives?
- The lowest recorded value was 47.42 billion current LCU in 2014.
- How does Maldives rank for gross national expenditure?
- Maldives ranks 140th out of 186 countries with data for 2024.
- Is gross national expenditure rising or falling in Maldives?
- Over the last ten years it is up 129.3%. 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 (current LCU). 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.