Real gdp growth in Maldives
Maldives: Real gdp growth was 3.07 in 2024. ◆ Volatile
Latest (2024)
3.07
Change on year
down 39.8%
World rank
116th
of 196 countries
All-time high
37.51
in 2021
All-time low
-32.91
in 2020
Years of data
45
1980–2024
Real gdp growth in Maldives, 1980–2024
Source: Our World in Data.
Analysis
The most recent figure for real gdp growth in Maldives is 3.07, measured in 2024.
That represents a change of down 39.8% on the previous year and down 60.6% over ten years.
Over the whole period, real gdp growth in Maldives peaked at 37.51 in 2021 and was at its lowest, -32.91, in 2020.
That places Maldives 116th out of 196 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 10.52 | 4.41 | 18.8 | 10 |
| 1990s | 6.61 | -4.05 | 10.4 | 10 |
| 2000s | 5.28 | -11.22 | 23.61 | 10 |
| 2010s | 6.53 | 2.36 | 8.57 | 10 |
| 2020s | 5.32 | -32.91 | 37.51 | 5 |
Countries ranked near Maldives
- 113 Bulgaria 3.1 compare
- 114 Pakistan 3.09 compare
- 115 Tuvalu 3.08 compare
- 117 Afghanistan 3 compare
- 118 Marshall Islands 3 compare
- 119 Solomon Islands 3 compare
More economy & growth data for Maldives
- External balance on goods and services as a percent of gdp -0.0455 (2024)
- Inflation of consumer prices 4.01 (2025)
- Gdp per capita worldbank constant usd 12,499 (2025)
- Manufacturing value added to gdp 1.79 (2025)
- Gdp worldbank constant usd 6.62 billion (2025)
- Gdp per capita in international and market dollars 12,499 (2025)
- DEC alternative conversion factor 15.42 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -9.52 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) -617.31 million current US$ (2025)
- Taxes less subsidies on products 19.36 billion current LCU (2025)
Frequently asked questions
- What is real gdp growth in Maldives?
- Real gdp growth in Maldives was 3.07 in 2024, according to Our World in Data.
- What is the highest real gdp growth recorded in Maldives?
- The highest recorded value was 37.51 in 2021.
- What is the lowest real gdp growth recorded in Maldives?
- The lowest recorded value was -32.91 in 2020.
- How does Maldives rank for real gdp growth?
- Maldives ranks 116th out of 196 countries with data for 2024.
- Is real gdp growth rising or falling in Maldives?
- Over the last ten years it is down 60.6%. The long-run trend across the full record is volatile.
- Where does this Maldives data come from?
- The figures come from Our World in Data, published as part of Real gdp growth. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 45 observations, free to reuse under CC BY 4.0 (Our World in Data).