Gross value added at basic prices (GVA) in Maldives
Maldives: Gross value added at basic prices (GVA) was 5.98 billion constant 2015 US$ in 2025. ▲ Rising
Gross value added at basic prices (GVA) in Maldives, 1995–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
The most recent figure for gross value added at basic prices (gva) in Maldives is 5.98 billion constant 2015 US$, measured in 2025. That is the highest value across all 31 years on record.
That represents a change of up 5.7% on the previous year and up 63.3% over ten years.
Over the whole period, gross value added at basic prices (gva) in Maldives peaked at 5.98 billion constant 2015 US$ in 2025 and was at its lowest, 1.27 billion constant 2015 US$, in 1995.
Maldives ranks 154th of 194 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 31 years of available data.
Gross value added at basic prices (GVA) in Maldives, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1995 | 1.27 billion constant 2015 US$ | — |
| 1996 | 1.37 billion constant 2015 US$ | +7.3% |
| 1997 | 1.48 billion constant 2015 US$ | +8.2% |
| 1998 | 1.59 billion constant 2015 US$ | +7.7% |
| 1999 | 1.69 billion constant 2015 US$ | +6.0% |
| 2000 | 1.75 billion constant 2015 US$ | +3.8% |
| 2001 | 1.68 billion constant 2015 US$ | -4.3% |
| 2002 | 1.80 billion constant 2015 US$ | +7.5% |
| 2003 | 2.06 billion constant 2015 US$ | +14.4% |
| 2004 | 2.17 billion constant 2015 US$ | +5.4% |
| 2005 | 1.98 billion constant 2015 US$ | -8.8% |
| 2006 | 2.40 billion constant 2015 US$ | +21.3% |
| 2007 | 2.57 billion constant 2015 US$ | +6.9% |
| 2008 | 2.80 billion constant 2015 US$ | +8.8% |
| 2009 | 2.60 billion constant 2015 US$ | -6.9% |
| 2010 | 2.75 billion constant 2015 US$ | +5.7% |
| 2011 | 2.95 billion constant 2015 US$ | +7.1% |
| 2012 | 3.02 billion constant 2015 US$ | +2.4% |
| 2013 | 3.22 billion constant 2015 US$ | +6.8% |
| 2014 | 3.48 billion constant 2015 US$ | +7.9% |
| 2015 | 3.66 billion constant 2015 US$ | +5.2% |
| 2016 | 3.91 billion constant 2015 US$ | +6.9% |
| 2017 | 4.19 billion constant 2015 US$ | +7.0% |
| 2018 | 4.55 billion constant 2015 US$ | +8.7% |
| 2019 | 4.87 billion constant 2015 US$ | +7.1% |
| 2020 | 3.41 billion constant 2015 US$ | -30.1% |
| 2021 | 4.55 billion constant 2015 US$ | +33.5% |
| 2022 | 5.20 billion constant 2015 US$ | +14.3% |
| 2023 | 5.45 billion constant 2015 US$ | +4.8% |
| 2024 | 5.66 billion constant 2015 US$ | +3.8% |
| 2025 | 5.98 billion constant 2015 US$ | +5.7% |
Maldives compared with similar countries
- Maldives's 5.98 billion constant 2015 US$ is below the median for upper middle income countries, which is 45.40 billion constant 2015 US$, 13% of the median. (57 countries reporting)
- Maldives's 5.98 billion constant 2015 US$ is below the median for South Asia, which is 60.95 billion constant 2015 US$, 10% of the median. (6 countries reporting)
Biggest year-on-year movements
Years where Gross value added at basic prices (GVA) in Maldives changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | -30.1% | 4.87 billion constant 2015 US$ | 3.41 billion constant 2015 US$ |
| 2021 | +33.5% | 3.41 billion constant 2015 US$ | 4.55 billion constant 2015 US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.48 billion constant 2015 US$ | 1.27 billion constant 2015 US$ | 1.69 billion constant 2015 US$ | 5 |
| 2000s | 2.18 billion constant 2015 US$ | 1.68 billion constant 2015 US$ | 2.80 billion constant 2015 US$ | 10 |
| 2010s | 3.66 billion constant 2015 US$ | 2.75 billion constant 2015 US$ | 4.87 billion constant 2015 US$ | 10 |
| 2020s | 5.04 billion constant 2015 US$ | 3.41 billion constant 2015 US$ | 5.98 billion constant 2015 US$ | 6 |
Countries ranked near Maldives
- 152 Bermuda 7.27 billion constant 2015 US$ compare
- 153 Isle of Man 7.06 billion constant 2015 US$ compare
- 155 Cayman Islands 5.96 billion constant 2015 US$ compare
- 156 Barbados 5.89 billion constant 2015 US$ compare
- 157 Eswatini 4.69 billion constant 2015 US$ 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$), annual growth rate 46.1 % change on previous year (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) in Maldives?
- Gross value added at basic prices (gva) in Maldives was 5.98 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross value added at basic prices (gva) recorded in Maldives?
- The highest recorded value was 5.98 billion constant 2015 US$ in 2025.
- What is the lowest gross value added at basic prices (gva) recorded in Maldives?
- The lowest recorded value was 1.27 billion constant 2015 US$ in 1995.
- How does Maldives rank for gross value added at basic prices (gva)?
- Maldives ranks 154th out of 194 countries with data for 2025.
- Is gross value added at basic prices (gva) rising or falling in Maldives?
- Over the last ten years it is up 63.3%. 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 value added at basic prices (GVA) (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 31 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.