Services, value added (current LCU), annual growth rate in Maldives
Maldives: Services, value added (current LCU), annual growth rate was 6.4 % change on previous year in 2025. ◆ Volatile
Services, value added (current LCU), annual growth rate in Maldives, 2004–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Maldives recorded 6.4 % change on previous year for services, value added (current lcu), annual growth rate in 2025.
Compared with earlier readings it is down 26.3% on the previous year and down 9.9% over ten years.
Over the whole period, services, value added (current lcu), annual growth rate in Maldives peaked at 46.14 % change on previous year in 2021 and was at its lowest, -35.6 % change on previous year, in 2020.
Maldives ranks 119th of 204 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.
Services, value added (current LCU), annual growth rate in Maldives, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2004 | 16.53 % change on previous year | — |
| 2005 | -9.67 % change on previous year | -158.5% |
| 2006 | 41.88 % change on previous year | -533.3% |
| 2007 | 20.59 % change on previous year | -50.9% |
| 2008 | 18.43 % change on previous year | -10.5% |
| 2009 | 11.44 % change on previous year | -37.9% |
| 2010 | 10.03 % change on previous year | -12.3% |
| 2011 | 18.14 % change on previous year | +80.9% |
| 2012 | 10.07 % change on previous year | -44.5% |
| 2013 | 14.33 % change on previous year | +42.3% |
| 2014 | 12.06 % change on previous year | -15.9% |
| 2015 | 7.1 % change on previous year | -41.1% |
| 2016 | 3.22 % change on previous year | -54.7% |
| 2017 | 8.64 % change on previous year | +168.8% |
| 2018 | 10.51 % change on previous year | +21.6% |
| 2019 | 10.29 % change on previous year | -2.2% |
| 2020 | -35.6 % change on previous year | -446.1% |
| 2021 | 46.14 % change on previous year | -229.6% |
| 2022 | 18.36 % change on previous year | -60.2% |
| 2023 | 3.1 % change on previous year | -83.1% |
| 2024 | 8.68 % change on previous year | +179.8% |
| 2025 | 6.4 % change on previous year | -26.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 16.53 % change on previous year | -9.67 % change on previous year | 41.88 % change on previous year | 6 |
| 2010s | 10.44 % change on previous year | 3.22 % change on previous year | 18.14 % change on previous year | 10 |
| 2020s | 7.85 % change on previous year | -35.6 % change on previous year | 46.14 % change on previous year | 6 |
Countries ranked near Maldives
- 116 Bermuda 6.68 % change on previous year compare
- 117 Nepal 6.61 % change on previous year compare
- 118 Cayman Islands 6.48 % change on previous year compare
- 120 Uruguay 6.37 % change on previous year compare
- 121 Mauritius 6.36 % change on previous year compare
- 122 Ireland 6.31 % 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)
- Services, value added (current US$), annual growth rate 6.22 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.6986 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 10,210 current US$ per person (2025)
- Services, value added (current LCU), per unit of GDP 10.77 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 157,388 current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 4.69 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.6675 constant 2015 US$ per US$ of GDP (2025)
- Services, value added (constant 2015 US$), per capita 9,756 constant 2015 US$ per person (2025)
Frequently asked questions
- What is services, value added (current lcu), annual growth rate in Maldives?
- Services, value added (current lcu), annual growth rate in Maldives was 6.4 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest services, value added (current lcu), annual growth rate recorded in Maldives?
- The highest recorded value was 46.14 % change on previous year in 2021.
- What is the lowest services, value added (current lcu), annual growth rate recorded in Maldives?
- The lowest recorded value was -35.6 % change on previous year in 2020.
- How does Maldives rank for services, value added (current lcu), annual growth rate?
- Maldives ranks 119th out of 204 countries with data for 2025.
- Is services, value added (current lcu), annual growth rate rising or falling in Maldives?
- Over the last ten years it is down 9.9%. 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 (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
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CSV · JSON — 22 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 (current 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 (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.