Gross savings (current LCU), per unit of GDP in Maldives
Maldives: Gross savings (current LCU), per unit of GDP was 1.72 current LCU per US$ of GDP in 2024. ▼ Falling
Gross savings (current LCU), per unit of GDP in Maldives, 2014–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
Maldives recorded 1.72 current LCU per US$ of GDP for gross savings (current lcu), per unit of gdp in 2024.
Compared with earlier readings it is down 8.4% on the previous year and down 57.8% over ten years.
Over the whole period, gross savings (current lcu), per unit of gdp in Maldives peaked at 4.08 current LCU per US$ of GDP in 2014 and was at its lowest, -0.0442 current LCU per US$ of GDP, in 2020.
That places Maldives 98th out of 178 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 11 years of available data.
Gross savings (current LCU), per unit of GDP in Maldives, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 2014 | 4.08 current LCU per US$ of GDP | — |
| 2015 | 3.78 current LCU per US$ of GDP | -7.3% |
| 2016 | 2.51 current LCU per US$ of GDP | -33.6% |
| 2017 | 3.31 current LCU per US$ of GDP | +31.6% |
| 2018 | 3.26 current LCU per US$ of GDP | -1.6% |
| 2019 | 2.64 current LCU per US$ of GDP | -19.0% |
| 2020 | -0.0442 current LCU per US$ of GDP | -101.7% |
| 2021 | 2.55 current LCU per US$ of GDP | -5864.8% |
| 2022 | 2.57 current LCU per US$ of GDP | +0.7% |
| 2023 | 1.88 current LCU per US$ of GDP | -26.7% |
| 2024 | 1.72 current LCU per US$ of GDP | -8.4% |
Maldives compared with similar countries
- Maldives's 1.72 current LCU per US$ of GDP is below the median for upper middle income countries, which is 3.51 current LCU per US$ of GDP, 49% of the median. (49 countries reporting)
- Maldives's 1.72 current LCU per US$ of GDP is below the median for South Asia, which is 36.19 current LCU per US$ of GDP, 5% of the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 3.26 current LCU per US$ of GDP | 2.51 current LCU per US$ of GDP | 4.08 current LCU per US$ of GDP | 6 |
| 2020s | 1.73 current LCU per US$ of GDP | -0.0442 current LCU per US$ of GDP | 2.57 current LCU per US$ of GDP | 5 |
Countries ranked near Maldives
- 95 Sao Tome and Principe 2.06 current LCU per US$ of GDP compare
- 96 Ghana 1.76 current LCU per US$ of GDP compare
- 97 Namibia 1.73 current LCU per US$ of GDP compare
- 99 Faroe Islands 1.54 current LCU per US$ of GDP
- 100 Eritrea 1.52 current LCU per US$ of GDP
- 101 Guatemala 1.5 current LCU per US$ of GDP 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$), annual growth rate 46.1 % change on previous year (2025)
Frequently asked questions
- What is gross savings (current lcu), per unit of gdp in Maldives?
- Gross savings (current lcu), per unit of gdp in Maldives was 1.72 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross savings (current lcu), per unit of gdp recorded in Maldives?
- The highest recorded value was 4.08 current LCU per US$ of GDP in 2014.
- What is the lowest gross savings (current lcu), per unit of gdp recorded in Maldives?
- The lowest recorded value was -0.0442 current LCU per US$ of GDP in 2020.
- How does Maldives rank for gross savings (current lcu), per unit of gdp?
- Maldives ranks 98th out of 178 countries with data for 2024.
- Is gross savings (current lcu), per unit of gdp rising or falling in Maldives?
- Over the last ten years it is down 57.8%. The long-run trend across the full record is falling.
- Where does this Maldives data come from?
- The figures come from Statizoid (derived), published as part of Gross savings (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross savings (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross savings (current LCU) ÷ GDP (current US$)
Computed from
- Gross savings Country official statistics, National Statistical Offices (NSOs)
- GDP 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
Gross savings (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.