Gross savings in Maldives
Maldives: Gross savings was 790.43 million current US$ in 2024. ▼ Falling
Gross savings in Maldives, 2014–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2024, gross savings in Maldives stood at 790.43 million current US$.
That represents a change of down 2.3% on the previous year and down 19.5% over ten years.
Over the whole period, gross savings in Maldives peaked at 1.14 billion current US$ in 2018 and was at its lowest, -10.67 million current US$, in 2020.
That places Maldives 146th out of 178 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 11 years of available data.
Gross savings in Maldives, year by year
| Year | current US$ | Change |
|---|---|---|
| 2014 | 981.35 million current US$ | — |
| 2015 | 1.02 billion current US$ | +3.6% |
| 2016 | 721.09 million current US$ | -29.1% |
| 2017 | 1.04 billion current US$ | +43.6% |
| 2018 | 1.14 billion current US$ | +10.4% |
| 2019 | 980.94 million current US$ | -14.2% |
| 2020 | -10.67 million current US$ | -101.1% |
| 2021 | 870.78 million current US$ | -8260.4% |
| 2022 | 1.03 billion current US$ | +18.3% |
| 2023 | 809.17 million current US$ | -21.5% |
| 2024 | 790.43 million current US$ | -2.3% |
Maldives compared with similar countries
- Maldives's 790.43 million current US$ is below the median for upper middle income countries, which is 17.82 billion current US$, 4% of the median. (49 countries reporting)
- Maldives's 790.43 million current US$ is below the median for South Asia, which is 21.55 billion current US$, 4% of the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 979.80 million current US$ | 721.09 million current US$ | 1.14 billion current US$ | 6 |
| 2020s | 698.05 million current US$ | -10.67 million current US$ | 1.03 billion current US$ | 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)
- 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$), annual growth rate 46.1 % change on previous year (2025)
Frequently asked questions
- What is gross savings in Maldives?
- Gross savings in Maldives was 790.43 million current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in Maldives?
- The highest recorded value was 1.14 billion current US$ in 2018.
- What is the lowest gross savings recorded in Maldives?
- The lowest recorded value was -10.67 million current US$ in 2020.
- How does Maldives rank for gross savings?
- Maldives ranks 146th out of 178 countries with data for 2024.
- Is gross savings rising or falling in Maldives?
- Over the last ten years it is down 19.5%. The long-run trend across the full record is falling.
- Where does this Maldives data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross savings (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 11 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.