Industry (including construction), value added in Maldives
Maldives: Industry (including construction), value added was 8.88 billion constant LCU in 2025. ◆ Volatile
Industry (including construction), value added in Maldives, 1995–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
In 2025, industry (including construction), value added in Maldives stood at 8.88 billion constant LCU.
The figure is 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 10.52 billion constant LCU in 2019 and was at its lowest, 1.22 billion constant LCU, in 1996.
Maldives ranks 150th of 200 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Industry (including construction), value added in Maldives, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1995 | 1.23 billion constant LCU | — |
| 1996 | 1.22 billion constant LCU | -0.7% |
| 1997 | 1.50 billion constant LCU | +23.2% |
| 1998 | 1.81 billion constant LCU | +20.9% |
| 1999 | 2.05 billion constant LCU | +12.9% |
| 2000 | 1.97 billion constant LCU | -3.8% |
| 2001 | 2.19 billion constant LCU | +11.4% |
| 2002 | 2.31 billion constant LCU | +5.3% |
| 2003 | 2.68 billion constant LCU | +15.9% |
| 2004 | 3.40 billion constant LCU | +27.0% |
| 2005 | 3.92 billion constant LCU | +15.2% |
| 2006 | 4.41 billion constant LCU | +12.5% |
| 2007 | 5.15 billion constant LCU | +16.7% |
| 2008 | 5.66 billion constant LCU | +9.9% |
| 2009 | 4.15 billion constant LCU | -26.7% |
| 2010 | 4.45 billion constant LCU | +7.3% |
| 2011 | 5.16 billion constant LCU | +15.9% |
| 2012 | 5.33 billion constant LCU | +3.3% |
| 2013 | 4.95 billion constant LCU | -7.1% |
| 2014 | 5.83 billion constant LCU | +17.7% |
| 2015 | 7.03 billion constant LCU | +20.7% |
| 2016 | 7.70 billion constant LCU | +9.5% |
| 2017 | 8.73 billion constant LCU | +13.3% |
| 2018 | 10.25 billion constant LCU | +17.4% |
| 2019 | 10.52 billion constant LCU | +2.6% |
| 2020 | 6.93 billion constant LCU | -34.1% |
| 2021 | 6.61 billion constant LCU | -4.6% |
| 2022 | 7.91 billion constant LCU | +19.6% |
| 2023 | 8.17 billion constant LCU | +3.2% |
| 2024 | 8.24 billion constant LCU | +0.8% |
| 2025 | 8.88 billion constant LCU | +7.8% |
Maldives compared with similar countries
- Maldives's 8.88 billion constant LCU is below the median for upper middle income countries, which is 124.14 billion constant LCU, 7% of the median. (58 countries reporting)
- Maldives's 8.88 billion constant LCU is below the median for South Asia, which is 2.00 trillion constant LCU, 0% of the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.56 billion constant LCU | 1.22 billion constant LCU | 2.05 billion constant LCU | 5 |
| 2000s | 3.58 billion constant LCU | 1.97 billion constant LCU | 5.66 billion constant LCU | 10 |
| 2010s | 6.99 billion constant LCU | 4.45 billion constant LCU | 10.52 billion constant LCU | 10 |
| 2020s | 7.79 billion constant LCU | 6.61 billion constant LCU | 8.88 billion constant LCU | 6 |
Countries ranked near Maldives
- 147 Brunei 11.94 billion constant LCU compare
- 148 Jordan 11.48 billion constant LCU compare
- 149 Bosnia and Herzegovina 9.55 billion constant LCU compare
- 151 Cuba 8.79 billion constant LCU compare
- 152 El Salvador 7.41 billion constant LCU compare
- 153 Luxembourg 6.62 billion constant LCU 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 0 BoP, current US$ (1989)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0 BoP, current US$ per US$ of GDP (1989)
- Foreign direct investment, net outflows (BoP, current US$), per capita 0 BoP, current US$ per person (1989)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 806.20 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 5.13 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.1142 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,527 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 46.1 % 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 8.88 billion constant LCU 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 10.52 billion constant LCU in 2019.
- What is the lowest industry (including construction), value added recorded in Maldives?
- The lowest recorded value was 1.22 billion constant LCU in 1996.
- How does Maldives rank for industry (including construction), value added?
- Maldives ranks 150th out of 200 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 LCU). 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 varies by country. This series is expressed in local currency units.