Households and NPISHs Final consumption expenditure, PPP in Maldives
Maldives: Households and NPISHs Final consumption expenditure, PPP was 5.95 billion current international $ in 2024. ▲ Rising
Households and NPISHs Final consumption expenditure, PPP in Maldives, 2014–2024
Source: International Comparison Program (ICP), World Bank (WB). Measured in current international $.
Analysis
In 2024, households and npishs final consumption expenditure, ppp in Maldives stood at 5.95 billion current international $. That is the highest value across all 11 years on record.
The figure is up 9.6% on the previous year and up 182.6% over ten years.
Over the whole period, households and npishs final consumption expenditure, ppp in Maldives peaked at 5.95 billion current international $ in 2024 and was at its lowest, 2.11 billion current international $, in 2014.
Maldives ranks 156th of 181 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, PPP in Maldives, year by year
| Year | current international $ | Change |
|---|---|---|
| 2014 | 2.11 billion current international $ | — |
| 2015 | 2.62 billion current international $ | +24.5% |
| 2016 | 3.02 billion current international $ | +15.1% |
| 2017 | 3.42 billion current international $ | +13.3% |
| 2018 | 3.83 billion current international $ | +12.0% |
| 2019 | 4.03 billion current international $ | +5.3% |
| 2020 | 3.31 billion current international $ | -17.8% |
| 2021 | 3.67 billion current international $ | +10.7% |
| 2022 | 4.57 billion current international $ | +24.6% |
| 2023 | 5.43 billion current international $ | +18.9% |
| 2024 | 5.95 billion current international $ | +9.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 3.17 billion current international $ | 2.11 billion current international $ | 4.03 billion current international $ | 6 |
| 2020s | 4.59 billion current international $ | 3.31 billion current international $ | 5.95 billion current international $ | 5 |
Countries ranked near Maldives
- 153 Eswatini 6.77 billion current international $ compare
- 154 Central African Republic 6.52 billion current international $ compare
- 155 Djibouti 6.38 billion current international $ compare
- 157 New Caledonia 5.58 billion current international $ compare
- 158 Papua New Guinea 5.53 billion current international $
- 159 Guinea-Bissau 4.70 billion 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)
- Manufacturing, value added (constant LCU), per capita 3,462 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 11.2 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.0933 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 1,364 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual 11.4 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 1.44 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 21,021 current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) 7.77 % change on previous year (2025)
Frequently asked questions
- What is households and npishs final consumption expenditure, ppp in Maldives?
- Households and npishs final consumption expenditure, ppp in Maldives was 5.95 billion current international $ in 2024, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest households and npishs final consumption expenditure, ppp recorded in Maldives?
- The highest recorded value was 5.95 billion current international $ in 2024.
- What is the lowest households and npishs final consumption expenditure, ppp recorded in Maldives?
- The lowest recorded value was 2.11 billion current international $ in 2014.
- How does Maldives rank for households and npishs final consumption expenditure, ppp?
- Maldives ranks 156th out of 181 countries with data for 2024.
- Is households and npishs final consumption expenditure, ppp rising or falling in Maldives?
- Over the last ten years it is up 182.6%. 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), published as part of Households and NPISHs Final consumption expenditure, PPP (current international $). 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
This indicator provides values for final consumption expenditure 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. 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.