Gross savings (current LCU), annual growth rate in Maldives
Maldives: Gross savings (current LCU), annual growth rate was -2.3 % change on previous year in 2024. ◆ Volatile
Gross savings (current LCU), annual growth rate in Maldives, 2015–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gross savings (current lcu), annual growth rate in Maldives stood at -2.3 % change on previous year.
Compared with earlier readings it is up 89.3% on the previous year and down 164.8% over ten years.
Over the whole period, gross savings (current lcu), annual growth rate in Maldives peaked at 43.75 % change on previous year in 2017 and was at its lowest, -101.09 % change on previous year, in 2020.
Maldives ranks 146th of 177 countries on this measure, in the bottom quarter.
Gross savings (current LCU), annual growth rate in Maldives, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2015 | 3.55 % change on previous year | — |
| 2016 | -29.1 % change on previous year | -919.2% |
| 2017 | 43.75 % change on previous year | -250.4% |
| 2018 | 10.43 % change on previous year | -76.2% |
| 2019 | -14.23 % change on previous year | -236.4% |
| 2020 | -101.09 % change on previous year | +610.5% |
| 2022 | 18.45 % change on previous year | -118.3% |
| 2023 | -21.48 % change on previous year | -216.4% |
| 2024 | -2.3 % change on previous year | -89.3% |
Maldives compared with similar countries
- Maldives's -2.3 % change on previous year is below the median for upper middle income countries, which is 4.98 % change on previous year. (48 countries reporting)
- Maldives's -2.3 % change on previous year is below the median for South Asia, which is 10.04 % change on previous year. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 2.88 % change on previous year | -29.1 % change on previous year | 43.75 % change on previous year | 5 |
| 2020s | -26.6 % change on previous year | -101.09 % change on previous year | 18.45 % change on previous year | 4 |
Countries ranked near Maldives
- 143 Bulgaria -1.69 % change on previous year compare
- 144 Serbia -2.02 % change on previous year compare
- 145 Senegal -2.08 % change on previous year compare
- 147 Armenia -2.37 % change on previous year compare
- 148 Panama -2.55 % change on previous year compare
- 149 Bahrain -2.75 % 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 savings (current lcu), annual growth rate in Maldives?
- Gross savings (current lcu), annual growth rate in Maldives was -2.3 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross savings (current lcu), annual growth rate recorded in Maldives?
- The highest recorded value was 43.75 % change on previous year in 2017.
- What is the lowest gross savings (current lcu), annual growth rate recorded in Maldives?
- The lowest recorded value was -101.09 % change on previous year in 2020.
- How does Maldives rank for gross savings (current lcu), annual growth rate?
- Maldives ranks 146th out of 177 countries with data for 2024.
- Is gross savings (current lcu), annual growth rate rising or falling in Maldives?
- Over the last ten years it is down 164.8%. 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 savings (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 9 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 savings (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross savings Country official statistics, National Statistical Offices (NSOs)
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 savings (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.