Real gdp growth, annual growth rate in Maldives
Maldives: Real gdp growth, annual growth rate was -39.81 % change on previous year in 2024. ◆ Volatile
Real gdp growth, annual growth rate in Maldives, 1981–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, real gdp growth, annual growth rate in Maldives stood at -39.81 % change on previous year.
Compared with earlier readings it is up 36.9% on the previous year and down 430.8% over ten years.
Over the whole period, real gdp growth, annual growth rate in Maldives peaked at 320.55 % change on previous year in 2002 and was at its lowest, -575.36 % change on previous year, in 2020.
That places Maldives 171st out of 196 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Real gdp growth, annual growth rate in Maldives, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1981 | -58.06 % change on previous year | — |
| 1982 | -5.33 % change on previous year | -90.8% |
| 1983 | -40.88 % change on previous year | +667.5% |
| 1984 | 293.73 % change on previous year | -818.5% |
| 1985 | -20.59 % change on previous year | -107.0% |
| 1986 | -37.71 % change on previous year | +83.2% |
| 1987 | 3.14 % change on previous year | -108.3% |
| 1988 | -1.62 % change on previous year | -151.7% |
| 1989 | 6.54 % change on previous year | -502.4% |
| 1990 | -143.57 % change on previous year | -2296.9% |
| 1991 | 270.31 % change on previous year | -288.3% |
| 1992 | -6.22 % change on previous year | -102.3% |
| 1993 | -16.24 % change on previous year | +161.0% |
| 1994 | 38.55 % change on previous year | -337.4% |
| 1995 | -1.71 % change on previous year | -104.4% |
| 1996 | 23.14 % change on previous year | -1456.7% |
| 1997 | 14.54 % change on previous year | -37.2% |
| 1998 | -5.92 % change on previous year | -140.7% |
| 1999 | -26.12 % change on previous year | +341.2% |
| 2000 | -34.5 % change on previous year | +32.1% |
| 2001 | -69.39 % change on previous year | +101.1% |
| 2002 | 320.55 % change on previous year | -562.0% |
| 2003 | 132.09 % change on previous year | -58.8% |
| 2004 | -57.39 % change on previous year | -143.4% |
| 2005 | -286.09 % change on previous year | +398.5% |
| 2006 | 310.34 % change on previous year | -208.5% |
| 2007 | -69.83 % change on previous year | -122.5% |
| 2008 | 26.07 % change on previous year | -137.3% |
| 2009 | -190.85 % change on previous year | -832.0% |
| 2010 | 183.78 % change on previous year | -196.3% |
| 2011 | 25.43 % change on previous year | -86.2% |
| 2012 | -72.43 % change on previous year | -384.8% |
| 2013 | 194.54 % change on previous year | -368.6% |
| 2014 | 12.04 % change on previous year | -93.8% |
| 2015 | -50.42 % change on previous year | -518.9% |
| 2016 | 64.81 % change on previous year | -228.6% |
| 2017 | 10.96 % change on previous year | -83.1% |
| 2018 | 21.13 % change on previous year | +92.7% |
| 2019 | -19.21 % change on previous year | -190.9% |
| 2020 | -575.36 % change on previous year | +2895.3% |
| 2021 | 213.97 % change on previous year | -137.2% |
| 2022 | -63.14 % change on previous year | -129.5% |
| 2023 | -63.08 % change on previous year | -0.1% |
| 2024 | -39.81 % change on previous year | -36.9% |
Biggest year-on-year movements
Years where Real gdp growth, annual growth rate in Maldives changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | -2895.3% | -19.21 % change on previous year | -575.36 % change on previous year |
| 1990 | -2296.9% | 6.54 % change on previous year | -143.57 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 15.47 % change on previous year | -58.06 % change on previous year | 293.73 % change on previous year | 9 |
| 1990s | 14.68 % change on previous year | -143.57 % change on previous year | 270.31 % change on previous year | 10 |
| 2000s | 8.1 % change on previous year | -286.09 % change on previous year | 320.55 % change on previous year | 10 |
| 2010s | 37.07 % change on previous year | -72.43 % change on previous year | 194.54 % change on previous year | 10 |
| 2020s | -105.48 % change on previous year | -575.36 % change on previous year | 213.97 % change on previous year | 5 |
Countries ranked near Maldives
- 168 Belgium -37.51 % change on previous year compare
- 169 Tonga -38.46 % change on previous year compare
- 170 Slovenia -38.76 % change on previous year compare
- 172 Macao Special Administrative Region, People's Republic of China -40.5 % change on previous year compare
- 173 Ukraine -41.32 % change on previous year compare
- 174 Syrian Arab Republic -41.81 % change on previous year 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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0029 units per US$ of GDP (2025)
Frequently asked questions
- What is real gdp growth, annual growth rate in Maldives?
- Real gdp growth, annual growth rate in Maldives was -39.81 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest real gdp growth, annual growth rate recorded in Maldives?
- The highest recorded value was 320.55 % change on previous year in 2002.
- What is the lowest real gdp growth, annual growth rate recorded in Maldives?
- The lowest recorded value was -575.36 % change on previous year in 2020.
- How does Maldives rank for real gdp growth, annual growth rate?
- Maldives ranks 171st out of 196 countries with data for 2024.
- Is real gdp growth, annual growth rate rising or falling in Maldives?
- Over the last ten years it is down 430.8%. The long-run trend across the full record is volatile.
- Where does this Maldives data come from?
- The figures come from Statizoid (derived), published as part of Real gdp growth, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 44 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Real gdp growth. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Real gdp growth Our World in Data
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Real gdp growth. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.