Value Added Deflator (Manufacturing) — Value Standard Local Currency in Maldives

Maldives: Value Added Deflator (Manufacturing) — Value Standard Local Currency was 3.84 % change on previous year in 2023. ◆ Volatile

Latest (2023)
3.84 % change on previous year
Change on year
down 0.0%
World rank
117th
of 209 countries
All-time high
31.69 % change on previous year
in 1976
All-time low
-14.42 % change on previous year
in 2013
Years of data
53
1971–2023

Value Added Deflator (Manufacturing) — Value Standard Local Currency in Maldives, 1971–2023

-100102030197119972023

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2023, value added deflator (manufacturing) — value standard local currency in Maldives stood at 3.84 % change on previous year.

Compared with earlier readings it is up 126.6% over ten years.

Over the whole period, value added deflator (manufacturing) — value standard local currency in Maldives peaked at 31.69 % change on previous year in 1976 and was at its lowest, -14.42 % change on previous year, in 2013.

That places Maldives 117th out of 209 countries with data for 2023, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Value Added Deflator (Manufacturing) — Value Standard Local Currency in Maldives, year by year

Annual values for Value Added Deflator (Manufacturing) — Value Standard Local Currency, 2015 prices, annual growth rate in Maldives, 1971 to 2023.
Year % change on previous year Change
1971 5.61 % change on previous year —
1972 5.3 % change on previous year -5.5%
1973 10.18 % change on previous year +91.9%
1974 18.09 % change on previous year +77.7%
1975 -0.0735 % change on previous year -100.4%
1976 31.69 % change on previous year -43227.2%
1977 -12.21 % change on previous year -138.5%
1978 4.22 % change on previous year -134.5%
1979 19.28 % change on previous year +357.1%
1980 -6.29 % change on previous year -132.6%
1981 -5.39 % change on previous year -14.3%
1982 24.49 % change on previous year -554.2%
1983 -11.71 % change on previous year -147.8%
1984 -9.23 % change on previous year -21.2%
1985 -1.77 % change on previous year -80.8%
1986 2.75 % change on previous year -255.3%
1987 17.92 % change on previous year +552.3%
1988 4.54 % change on previous year -74.7%
1989 5.94 % change on previous year +30.8%
1990 3.12 % change on previous year -47.4%
1991 13.32 % change on previous year +326.2%
1992 13.08 % change on previous year -1.8%
1993 10.53 % change on previous year -19.5%
1994 9.49 % change on previous year -9.9%
1995 15.62 % change on previous year +64.6%
1996 4.66 % change on previous year -70.2%
1997 4.1 % change on previous year -12.0%
1998 -1.14 % change on previous year -127.8%
1999 2.75 % change on previous year -341.9%
2000 2.03 % change on previous year -26.3%
2001 8.39 % change on previous year +313.1%
2002 -1.21 % change on previous year -114.4%
2003 0.9788 % change on previous year -180.9%
2004 6.64 % change on previous year +578.8%
2005 -13.5 % change on previous year -303.1%
2006 -7.49 % change on previous year -44.5%
2007 22.74 % change on previous year -403.5%
2008 18.33 % change on previous year -19.4%
2009 3.68 % change on previous year -79.9%
2010 -7.91 % change on previous year -315.0%
2011 23.74 % change on previous year -400.3%
2012 9.22 % change on previous year -61.2%
2013 -14.42 % change on previous year -256.5%
2014 6.85 % change on previous year -147.5%
2015 0.7051 % change on previous year -89.7%
2016 5.06 % change on previous year +617.6%
2017 0.3274 % change on previous year -93.5%
2018 -0.0228 % change on previous year -107.0%
2019 -0.092 % change on previous year +304.3%
2020 1.14 % change on previous year -1343.4%
2021 -0.1549 % change on previous year -113.5%
2022 3.84 % change on previous year -2575.3%
2023 3.84 % change on previous year -0.0%

Maldives compared with similar countries

  • Maldives's 3.84 % change on previous year is above the median for upper middle income countries, which is 3.77 % change on previous year, 1.0× the median. (51 countries reporting)
  • Maldives's 3.84 % change on previous year is above the median for South Asia, which is 3.79 % change on previous year, 1.0× the median. (6 countries reporting)

Biggest year-on-year movements

Years where Value Added Deflator (Manufacturing) — Value Standard Local Currency 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.

YearChange FromTo
1976 +43227.2% -0.0735 % change on previous year 31.69 % change on previous year
2022 +2575.3% -0.1549 % change on previous year 3.84 % change on previous year
2020 +1343.4% -0.092 % change on previous year 1.14 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 9.12 % change on previous year -12.21 % change on previous year 31.69 % change on previous year 9
1980s 2.12 % change on previous year -11.71 % change on previous year 24.49 % change on previous year 10
1990s 7.55 % change on previous year -1.14 % change on previous year 15.62 % change on previous year 10
2000s 4.06 % change on previous year -13.5 % change on previous year 22.74 % change on previous year 10
2010s 2.35 % change on previous year -14.42 % change on previous year 23.74 % change on previous year 10
2020s 2.17 % change on previous year -0.1549 % change on previous year 3.84 % change on previous year 4

Countries ranked near Maldives

  1. 114 Albania 3.97 % change on previous year compare
  2. 115 Belize 3.91 % change on previous year compare
  3. 116 United Republic of Tanzania 3.86 % change on previous year compare
  4. 118 Indonesia 3.77 % change on previous year compare
  5. 119 Nepal 3.74 % change on previous year compare
  6. 120 Bosnia and Herzegovina 3.73 % change on previous year compare

See the full ranking of 210 places →

More economy & growth data for Maldives

All data for Maldives →

Frequently asked questions

What is value added deflator (manufacturing) — value standard local currency in Maldives?
Value added deflator (manufacturing) — value standard local currency in Maldives was 3.84 % change on previous year in 2023, according to Statizoid (derived).
What is the highest value added deflator (manufacturing) — value standard local currency recorded in Maldives?
The highest recorded value was 31.69 % change on previous year in 1976.
What is the lowest value added deflator (manufacturing) — value standard local currency recorded in Maldives?
The lowest recorded value was -14.42 % change on previous year in 2013.
How does Maldives rank for value added deflator (manufacturing) — value standard local currency?
Maldives ranks 117th out of 209 countries with data for 2023.
Is value added deflator (manufacturing) — value standard local currency rising or falling in Maldives?
Over the last ten years it is up 126.6%. 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 Value Added Deflator (Manufacturing) — Value Standard Local Currency, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.

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Value Added Deflator (Manufacturing) — Value Standard Local Currency in Maldives. Statizoid, drawing on Statizoid (derived). Retrieved 26 September 2026, from https://economy.statizoid.com/stat/value-added-deflator-manufacturing-value-standard-local-currency-2015-prices-annual/maldives/

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<a href="https://economy.statizoid.com/stat/value-added-deflator-manufacturing-value-standard-local-currency-2015-prices-annual/maldives/">Value Added Deflator (Manufacturing) — Value Standard Local Currency in Maldives</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Value Added Deflator (Manufacturing) — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Value Added Deflator (Manufacturing) — Value Standard Local Currency, 2015 prices, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
210 places, 10,313 data points, 1971–2023
Last refreshed

The year-on-year percentage change in Value Added Deflator (Manufacturing) — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.