Total Expenditure (central government) — Value Standard Local Currency in Maldives
Maldives: Total Expenditure (central government) — Value Standard Local Currency was 54,975 million SLC in 2024. ◆ Volatile
Total Expenditure (central government) — Value Standard Local Currency in Maldives, 2001–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2024, total expenditure (central government) — value standard local currency in Maldives stood at 54,975 million SLC. That is the highest value across all 24 years on record.
That represents a change of up 8.1% on the previous year and up 232.4% over ten years.
Over the whole period, total expenditure (central government) — value standard local currency in Maldives peaked at 54,975 million SLC in 2024 and was at its lowest, 2,912 million SLC, in 2001.
Maldives ranks 116th of 174 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.
Total Expenditure (central government) — Value Standard Local Currency in Maldives, year by year
| Year | million SLC | Change |
|---|---|---|
| 2001 | 2,912 million SLC | — |
| 2002 | 3,136 million SLC | +7.7% |
| 2003 | 3,552 million SLC | +13.3% |
| 2004 | 3,779 million SLC | +6.4% |
| 2005 | 5,740 million SLC | +51.9% |
| 2006 | 7,066 million SLC | +23.1% |
| 2007 | 8,325 million SLC | +17.8% |
| 2008 | 10,342 million SLC | +24.2% |
| 2009 | 11,104 million SLC | +7.4% |
| 2010 | 10,996 million SLC | -1.0% |
| 2011 | 12,664 million SLC | +15.2% |
| 2012 | 13,200 million SLC | +4.2% |
| 2013 | 13,666 million SLC | +3.5% |
| 2014 | 16,539 million SLC | +21.0% |
| 2015 | 21,441 million SLC | +29.6% |
| 2016 | 25,495 million SLC | +18.9% |
| 2017 | 24,951 million SLC | -2.1% |
| 2018 | 28,165 million SLC | +12.9% |
| 2019 | 38,398 million SLC | +36.3% |
| 2020 | 30,156 million SLC | -21.5% |
| 2021 | 37,145 million SLC | +23.2% |
| 2022 | 42,847 million SLC | +15.4% |
| 2023 | 50,879 million SLC | +18.7% |
| 2024 | 54,975 million SLC | +8.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6,217 million SLC | 2,912 million SLC | 11,104 million SLC | 9 |
| 2010s | 20,552 million SLC | 10,996 million SLC | 38,398 million SLC | 10 |
| 2020s | 43,201 million SLC | 30,156 million SLC | 54,975 million SLC | 5 |
Countries ranked near Maldives
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 (constant LCU), per capita 154,247 constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate 3.29 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 7.87 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8378 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 12,244 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 8.06 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 12.92 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 188,752 current LCU per person (2025)
Frequently asked questions
- What is total expenditure (central government) — value standard local currency in Maldives?
- Total expenditure (central government) — value standard local currency in Maldives was 54,975 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest total expenditure (central government) — value standard local currency recorded in Maldives?
- The highest recorded value was 54,975 million SLC in 2024.
- What is the lowest total expenditure (central government) — value standard local currency recorded in Maldives?
- The lowest recorded value was 2,912 million SLC in 2001.
- How does Maldives rank for total expenditure (central government) — value standard local currency?
- Maldives ranks 116th out of 174 countries with data for 2024.
- Is total expenditure (central government) — value standard local currency rising or falling in Maldives?
- Over the last ten years it is up 232.4%. The long-run trend across the full record is volatile.
- Where does this Maldives data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Total Expenditure (central government) — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The Statistics Division of FAO collects annually data on Government Expenditure on Agriculture through a questionnaire, which was developed in partnership with the International Monetary Fund (IMF). The IMF is the responsible institution for the Government Finance Statistics (GFS) methodology and annually collects GFS data, including Expenditure by Functions of Government (COFOG). The Classification of the Functions of Government (COFOG) is an international classification developed by Organisation for Economic Co-operation and Development (OECD) and published by the United Nations Statistical Division (UNSD), with the aim of categorise governments' functions according to their purposes. The FAO questionnaire aligns with Table 7 of the IMF GFS questionnaire, replicates the relevant aggregates and drills down to request additional detail related to Agriculture. The FAO dataset consists of a time series, from 2001 onwards, of Total Government Expenditure and expenditure in: Agriculture, Forestry, Fishing and Hunting, along with its three disaggregated subsectors of Agriculture, Forestry and Fishing; and Environmental Protection. In addition, expenditure in each detailed function are further disaggregated into Recurrent and Capital expenditure. Additional indicators include the Agriculture Share of Government Expenditure, and the Agriculture Orientation Index (ratio between the Agriculture Share of Government Expenditure and the Agriculture Value Added as Share of GDP). Data are reported for the highest level of government available (Consolidated general government, consolidated central government or budgetary central government) and are available for about 100 countries on a regular basis.