Households and NPISHs Final consumption expenditure in Maldives
Maldives: Households and NPISHs Final consumption expenditure was 7.5% in 2024. ◆ Volatile
Households and NPISHs Final consumption expenditure in Maldives, 2015–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual % growth.
Analysis
Maldives recorded 7.5% for households and npishs final consumption expenditure in 2024.
That represents a change of down 34.3% on the previous year and up 445.6% over ten years.
Over the whole period, households and npishs final consumption expenditure in Maldives peaked at 15.1% in 2022 and was at its lowest, -15.9%, in 2020.
Maldives ranks 23rd of 177 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Households and NPISHs Final consumption expenditure in Maldives, year by year
| Year | annual % growth | Change |
|---|---|---|
| 2015 | 1.4% | — |
| 2016 | 12.6% | +823.8% |
| 2017 | 12.8% | +1.2% |
| 2018 | 10.3% | -19.3% |
| 2019 | 7.0% | -32.0% |
| 2020 | -15.9% | -326.5% |
| 2021 | 9.3% | -158.7% |
| 2022 | 15.1% | +62.1% |
| 2023 | 11.3% | -25.0% |
| 2024 | 7.5% | -34.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 8.8% | 1.4% | 12.8% | 5 |
| 2020s | 5.5% | -15.9% | 15.1% | 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)
- Gross capital formation (current US$), annual growth rate -0.6265 % change on previous year (2024)
- Gross capital formation (current US$), per unit of GDP 0.3079 current US$ per US$ of GDP (2024)
- Gross capital formation (current US$), per capita 4,120 current US$ per person (2024)
- Gross capital formation (current LCU), annual growth rate -0.6109 % change on previous year (2024)
- Gross capital formation (current LCU), per unit of GDP 4.74 current LCU per US$ of GDP (2024)
- Gross capital formation (current LCU), per capita 63,405 current LCU per person (2024)
- Gross capital formation (constant 2015 US$), annual growth rate 20.4 % change on previous year (2024)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1343 constant 2015 US$ per US$ of GDP (2024)
Frequently asked questions
- What is households and npishs final consumption expenditure in Maldives?
- Households and npishs final consumption expenditure in Maldives was 7.5% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest households and npishs final consumption expenditure recorded in Maldives?
- The highest recorded value was 15.1% in 2022.
- What is the lowest households and npishs final consumption expenditure recorded in Maldives?
- The lowest recorded value was -15.9% in 2020.
- How does Maldives rank for households and npishs final consumption expenditure?
- Maldives ranks 23rd out of 177 countries with data for 2024.
- Is households and npishs final consumption expenditure rising or falling in Maldives?
- Over the last ten years it is up 445.6%. The long-run trend across the full record is volatile.
- 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 Households and NPISHs Final consumption expenditure (annual % growth). Statizoid updates them automatically from the source API.
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About this data
This field includes expenditure on goods and services by the Household and NPISH sector for the direct satisfaction of human needs or wants, whether individual or collective. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.