Households and NPISHs Final consumption expenditure in Maldives
Maldives: Households and NPISHs Final consumption expenditure was 56.28 billion current LCU in 2024. ▲ Rising
Households and NPISHs Final consumption expenditure in Maldives, 2014–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
Maldives recorded 56.28 billion current LCU for households and npishs final consumption expenditure in 2024. That is the highest value across all 11 years on record.
Compared with earlier readings it is up 8.0% on the previous year and up 169.4% over ten years.
Over the whole period, households and npishs final consumption expenditure in Maldives peaked at 56.28 billion current LCU in 2024 and was at its lowest, 20.89 billion current LCU, in 2014.
Maldives ranks 142nd of 189 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 11 years of available data.
Households and NPISHs Final consumption expenditure in Maldives, year by year
| Year | current LCU | Change |
|---|---|---|
| 2014 | 20.89 billion current LCU | — |
| 2015 | 25.94 billion current LCU | +24.2% |
| 2016 | 29.63 billion current LCU | +14.2% |
| 2017 | 34.42 billion current LCU | +16.1% |
| 2018 | 38.38 billion current LCU | +11.5% |
| 2019 | 40.83 billion current LCU | +6.4% |
| 2020 | 33.92 billion current LCU | -16.9% |
| 2021 | 37.58 billion current LCU | +10.8% |
| 2022 | 44.38 billion current LCU | +18.1% |
| 2023 | 52.13 billion current LCU | +17.5% |
| 2024 | 56.28 billion current LCU | +8.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 31.68 billion current LCU | 20.89 billion current LCU | 40.83 billion current LCU | 6 |
| 2020s | 44.86 billion current LCU | 33.92 billion current LCU | 56.28 billion current LCU | 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 value added at basic prices (GVA) (current LCU), annual growth 8.06 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 12.92 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 188,752 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 5.65 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.772 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 11,283 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 5.65 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 12.24 constant LCU per US$ of GDP (2025)
Frequently asked questions
- What is households and npishs final consumption expenditure in Maldives?
- Households and npishs final consumption expenditure in Maldives was 56.28 billion current LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest households and npishs final consumption expenditure recorded in Maldives?
- The highest recorded value was 56.28 billion current LCU in 2024.
- What is the lowest households and npishs final consumption expenditure recorded in Maldives?
- The lowest recorded value was 20.89 billion current LCU in 2014.
- How does Maldives rank for households and npishs final consumption expenditure?
- Maldives ranks 142nd out of 189 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 169.4%. 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 Offices (NSOs), published as part of Households and NPISHs Final consumption expenditure (current LCU). 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 is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.