Households and NPISHs Final consumption expenditure per capita, PPP in Maldives
Maldives: Households and NPISHs Final consumption expenditure per capita, PPP was 11,279 current international $ in 2024. ▲ Rising
Households and NPISHs Final consumption expenditure per capita, PPP in Maldives, 2014–2024
Source: International Comparison Program (ICP), World Bank (WB), note: This information is for PPP conversion factors., publisher: International Comparison Program (ICP), date published: May 30, 2024. Measured in current international $.
Analysis
In 2024, households and npishs final consumption expenditure per capita, ppp in Maldives stood at 11,279 current international $. That is the highest value across all 11 years on record.
That represents a change of up 9.2% on the previous year and up 121.4% over ten years.
Over the whole period, households and npishs final consumption expenditure per capita, ppp in Maldives peaked at 11,279 current international $ in 2024 and was at its lowest, 5,094 current international $, in 2014.
Maldives ranks 92nd of 182 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 11 years of available data.
Households and NPISHs Final consumption expenditure per capita, PPP in Maldives, year by year
| Year | current international $ | Change |
|---|---|---|
| 2014 | 5,094 current international $ | — |
| 2015 | 6,125 current international $ | +20.2% |
| 2016 | 6,810 current international $ | +11.2% |
| 2017 | 7,463 current international $ | +9.6% |
| 2018 | 8,096 current international $ | +8.5% |
| 2019 | 8,266 current international $ | +2.1% |
| 2020 | 6,599 current international $ | -20.2% |
| 2021 | 7,104 current international $ | +7.7% |
| 2022 | 8,720 current international $ | +22.7% |
| 2023 | 10,327 current international $ | +18.4% |
| 2024 | 11,279 current international $ | +9.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 6,976 current international $ | 5,094 current international $ | 8,266 current international $ | 6 |
| 2020s | 8,806 current international $ | 6,599 current international $ | 11,279 current international $ | 5 |
Countries ranked near Maldives
- 89 Sri Lanka 12,522 current international $ compare
- 90 Paraguay 12,168 current international $ compare
- 91 Tunisia 11,331 current international $ compare
- 93 Kosovo 11,168 current international $ compare
- 93 Kosovo (UNSCR 1244) 11,168 current international $ compare
- 95 Fiji 11,075 current international $ 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)
- Exports of goods and services (current LCU), annual growth rate 12.68 % change on previous year (2024)
- Exports of goods and services (current LCU), per unit of GDP 12.04 current LCU per US$ of GDP (2024)
- Exports of goods and services (current LCU), per capita 161,041 current LCU per person (2024)
- Exports of goods and services (constant 2015 US$), annual growth rate 5.18 % change on previous year (2024)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.8459 constant 2015 US$ per US$ of GDP (2024)
- Exports of goods and services (constant 2015 US$), per capita 11,317 constant 2015 US$ per person (2024)
- Gross fixed capital formation (current US$), annual growth rate 6.73 % change on previous year (2024)
- Gross fixed capital formation (current US$), per unit of GDP 0.3484 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is households and npishs final consumption expenditure per capita, ppp in Maldives?
- Households and npishs final consumption expenditure per capita, ppp in Maldives was 11,279 current international $ in 2024, according to International Comparison Program (ICP), World Bank (WB), note: This information is for PPP conversion factors., publisher: International Comparison Program (ICP), date published: May 30, 2024.
- What is the highest households and npishs final consumption expenditure per capita, ppp recorded in Maldives?
- The highest recorded value was 11,279 current international $ in 2024.
- What is the lowest households and npishs final consumption expenditure per capita, ppp recorded in Maldives?
- The lowest recorded value was 5,094 current international $ in 2014.
- How does Maldives rank for households and npishs final consumption expenditure per capita, ppp?
- Maldives ranks 92nd out of 182 countries with data for 2024.
- Is households and npishs final consumption expenditure per capita, ppp rising or falling in Maldives?
- Over the last ten years it is up 121.4%. The long-run trend across the full record is rising.
- Where does this Maldives data come from?
- The figures come from International Comparison Program (ICP), World Bank (WB), note: This information is for PPP conversion factors., publisher: International Comparison Program (ICP), date published: May 30, 2024, published as part of Households and NPISHs Final consumption expenditure per capita, PPP (current international $). Statizoid updates them automatically from the source API.
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About this data
This indicator provides values for final consumption expenditure per person expressed in current international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. Households and NPISHs final consumption expenditure 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 series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. The core indicator has been divided by the general population to achieve a per capita estimate. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.