Industry (including construction), value added (constant 2015 US$) in Maldives
Maldives: Industry (including construction), value added (constant 2015 US$) was 558.73 million constant 2015 US$ in 2025. ◆ Volatile
Industry (including construction), value added in Maldives, 1995–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.
Analysis
In 2025, industry (including construction), value added in Maldives stood at 558.73 million constant 2015 US$.
That represents a change of up 7.8% on the previous year and up 26.2% over ten years.
Over the whole period, industry (including construction), value added in Maldives peaked at 662.16 million constant 2015 US$ in 2019 and was at its lowest, 76.68 million constant 2015 US$, in 1996.
Maldives ranks 165th of 196 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Industry (including construction), value added (constant 2015 US$) in Maldives, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1995 | 77.23 million constant 2015 US$ | — |
| 1996 | 76.68 million constant 2015 US$ | -0.7% |
| 1997 | 94.46 million constant 2015 US$ | +23.2% |
| 1998 | 114.17 million constant 2015 US$ | +20.9% |
| 1999 | 128.85 million constant 2015 US$ | +12.9% |
| 2000 | 124.01 million constant 2015 US$ | -3.8% |
| 2001 | 138.15 million constant 2015 US$ | +11.4% |
| 2002 | 145.50 million constant 2015 US$ | +5.3% |
| 2003 | 168.62 million constant 2015 US$ | +15.9% |
| 2004 | 214.17 million constant 2015 US$ | +27.0% |
| 2005 | 246.74 million constant 2015 US$ | +15.2% |
| 2006 | 277.66 million constant 2015 US$ | +12.5% |
| 2007 | 324.08 million constant 2015 US$ | +16.7% |
| 2008 | 356.27 million constant 2015 US$ | +9.9% |
| 2009 | 261.05 million constant 2015 US$ | -26.7% |
| 2010 | 280.03 million constant 2015 US$ | +7.3% |
| 2011 | 324.66 million constant 2015 US$ | +15.9% |
| 2012 | 335.34 million constant 2015 US$ | +3.3% |
| 2013 | 311.67 million constant 2015 US$ | -7.1% |
| 2014 | 366.89 million constant 2015 US$ | +17.7% |
| 2015 | 442.82 million constant 2015 US$ | +20.7% |
| 2016 | 484.99 million constant 2015 US$ | +9.5% |
| 2017 | 549.36 million constant 2015 US$ | +13.3% |
| 2018 | 645.20 million constant 2015 US$ | +17.4% |
| 2019 | 662.16 million constant 2015 US$ | +2.6% |
| 2020 | 436.48 million constant 2015 US$ | -34.1% |
| 2021 | 416.33 million constant 2015 US$ | -4.6% |
| 2022 | 498.13 million constant 2015 US$ | +19.6% |
| 2023 | 514.18 million constant 2015 US$ | +3.2% |
| 2024 | 518.42 million constant 2015 US$ | +0.8% |
| 2025 | 558.73 million constant 2015 US$ | +7.8% |
Maldives compared with similar countries
- Maldives's 558.73 million constant 2015 US$ is below the median for upper middle income countries, which is 14.23 billion constant 2015 US$, 4% of the median. (58 countries reporting)
- Maldives's 558.73 million constant 2015 US$ is below the median for South Asia, which is 15.77 billion constant 2015 US$, 4% of the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 98.28 million constant 2015 US$ | 76.68 million constant 2015 US$ | 128.85 million constant 2015 US$ | 5 |
| 2000s | 225.62 million constant 2015 US$ | 124.01 million constant 2015 US$ | 356.27 million constant 2015 US$ | 10 |
| 2010s | 440.31 million constant 2015 US$ | 280.03 million constant 2015 US$ | 662.16 million constant 2015 US$ | 10 |
| 2020s | 490.38 million constant 2015 US$ | 416.33 million constant 2015 US$ | 558.73 million constant 2015 US$ | 6 |
Countries ranked near Maldives
- 162 Lesotho 683.30 million constant 2015 US$ compare
- 163 San Marino 621.54 million constant 2015 US$ compare
- 164 Burundi 564.18 million constant 2015 US$ compare
- 166 Central African Republic 557.12 million constant 2015 US$ compare
- 167 Isle of Man 528.64 million constant 2015 US$ compare
- 168 Greenland 495.03 million constant 2015 US$ compare
More economy & growth data for Maldives
- Real gdp growth, annual growth rate -39.81 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 29.4 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0001 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1.08 units per person (2025)
- SDRs holdings, SDR, annual growth rate 23.22 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0001 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.7869 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is industry (including construction), value added in Maldives?
- Industry (including construction), value added in Maldives was 558.73 million constant 2015 US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest industry (including construction), value added recorded in Maldives?
- The highest recorded value was 662.16 million constant 2015 US$ in 2019.
- What is the lowest industry (including construction), value added recorded in Maldives?
- The lowest recorded value was 76.68 million constant 2015 US$ in 1996.
- How does Maldives rank for industry (including construction), value added?
- Maldives ranks 165th out of 196 countries with data for 2025.
- Is industry (including construction), value added rising or falling in Maldives?
- Over the last ten years it is up 26.2%. 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 Offices (NSOs), published as part of Industry (including construction), value added (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. 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.