Services, value added (constant LCU), annual growth rate in Maldives
Maldives: Services, value added (constant LCU), annual growth rate was 4.69 % change on previous year in 2025. ◆ Volatile
Services, value added (constant LCU), annual growth rate in Maldives, 1996–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for services, value added (constant lcu), annual growth rate in Maldives is 4.69 % change on previous year, measured in 2025.
Compared with earlier readings it is down 21.7% on the previous year and up 25.2% over ten years.
Over the whole period, services, value added (constant lcu), annual growth rate in Maldives peaked at 43.01 % change on previous year in 2021 and was at its lowest, -31.7 % change on previous year, in 2020.
That places Maldives 56th out of 196 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added (constant LCU), annual growth rate in Maldives, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1996 | 8.73 % change on previous year | — |
| 1997 | 8.23 % change on previous year | -5.8% |
| 1998 | 6.78 % change on previous year | -17.6% |
| 1999 | 5.77 % change on previous year | -14.9% |
| 2000 | 5.1 % change on previous year | -11.6% |
| 2001 | -7.35 % change on previous year | -244.4% |
| 2002 | 6.13 % change on previous year | -183.3% |
| 2003 | 16.4 % change on previous year | +167.6% |
| 2004 | 3.97 % change on previous year | -75.8% |
| 2005 | -15.21 % change on previous year | -483.4% |
| 2006 | 26.98 % change on previous year | -277.3% |
| 2007 | 9.92 % change on previous year | -63.2% |
| 2008 | 10.45 % change on previous year | +5.4% |
| 2009 | -4.18 % change on previous year | -140.0% |
| 2010 | 6.49 % change on previous year | -255.2% |
| 2011 | 6.67 % change on previous year | +2.7% |
| 2012 | 2.54 % change on previous year | -61.9% |
| 2013 | 8.68 % change on previous year | +241.1% |
| 2014 | 7.49 % change on previous year | -13.7% |
| 2015 | 3.75 % change on previous year | -50.0% |
| 2016 | 6.93 % change on previous year | +85.0% |
| 2017 | 5.94 % change on previous year | -14.3% |
| 2018 | 7.6 % change on previous year | +28.0% |
| 2019 | 8.98 % change on previous year | +18.2% |
| 2020 | -31.7 % change on previous year | -453.0% |
| 2021 | 43.01 % change on previous year | -235.7% |
| 2022 | 14.28 % change on previous year | -66.8% |
| 2023 | 5.09 % change on previous year | -64.4% |
| 2024 | 5.99 % change on previous year | +17.8% |
| 2025 | 4.69 % change on previous year | -21.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 7.38 % change on previous year | 5.77 % change on previous year | 8.73 % change on previous year | 4 |
| 2000s | 5.22 % change on previous year | -15.21 % change on previous year | 26.98 % change on previous year | 10 |
| 2010s | 6.51 % change on previous year | 2.54 % change on previous year | 8.98 % change on previous year | 10 |
| 2020s | 6.89 % change on previous year | -31.7 % change on previous year | 43.01 % change on previous year | 6 |
Countries ranked near Maldives
- 53 Sint Maarten (Dutch part) 4.94 % change on previous year compare
- 54 United Arab Emirates 4.92 % change on previous year compare
- 55 Samoa 4.81 % change on previous year compare
- 57 Nicaragua 4.66 % change on previous year compare
- 58 Djibouti 4.64 % change on previous year compare
- 59 Guatemala 4.63 % 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)
- Manufacturing, value added (current US$), per unit of GDP 0.0179 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 261.2 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 0.2755 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 4,027 current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.0146 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 213.97 constant 2015 US$ per person (2025)
- 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)
Frequently asked questions
- What is services, value added (constant lcu), annual growth rate in Maldives?
- Services, value added (constant lcu), annual growth rate in Maldives was 4.69 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest services, value added (constant lcu), annual growth rate recorded in Maldives?
- The highest recorded value was 43.01 % change on previous year in 2021.
- What is the lowest services, value added (constant lcu), annual growth rate recorded in Maldives?
- The lowest recorded value was -31.7 % change on previous year in 2020.
- How does Maldives rank for services, value added (constant lcu), annual growth rate?
- Maldives ranks 56th out of 196 countries with data for 2025.
- Is services, value added (constant lcu), annual growth rate rising or falling in Maldives?
- Over the last ten years it is up 25.2%. 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 Services, value added (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 30 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 Services, value added (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Services, value added Country official statistics, National Statistical Offices (NSOs)
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 Services, value added (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.