Value Added Deflator (Manufacturing) — Value Standard Local Currency in Maldives
Maldives: Value Added Deflator (Manufacturing) — Value Standard Local Currency was 114.64 SLC in 2023. ◆ Volatile
Value Added Deflator (Manufacturing) — Value Standard Local Currency in Maldives, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
In 2023, value added deflator (manufacturing) — value standard local currency in Maldives stood at 114.64 SLC. That is the highest value across all 54 years on record.
The figure is up 3.8% on the previous year and up 23.3% over ten years.
Over the whole period, value added deflator (manufacturing) — value standard local currency in Maldives peaked at 114.64 SLC in 2023 and was at its lowest, 12.42 SLC, in 1970.
Maldives ranks 146th of 194 countries on this measure, in the bottom quarter.
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
| Year | SLC | Change |
|---|---|---|
| 1970 | 12.42 SLC | — |
| 1971 | 13.11 SLC | +5.6% |
| 1972 | 13.81 SLC | +5.3% |
| 1973 | 15.21 SLC | +10.2% |
| 1974 | 17.97 SLC | +18.1% |
| 1975 | 17.95 SLC | -0.1% |
| 1976 | 23.64 SLC | +31.7% |
| 1977 | 20.75 SLC | -12.2% |
| 1978 | 21.63 SLC | +4.2% |
| 1979 | 25.8 SLC | +19.3% |
| 1980 | 24.18 SLC | -6.3% |
| 1981 | 22.87 SLC | -5.4% |
| 1982 | 28.48 SLC | +24.5% |
| 1983 | 25.14 SLC | -11.7% |
| 1984 | 22.82 SLC | -9.2% |
| 1985 | 22.42 SLC | -1.8% |
| 1986 | 23.03 SLC | +2.7% |
| 1987 | 27.16 SLC | +17.9% |
| 1988 | 28.39 SLC | +4.5% |
| 1989 | 30.08 SLC | +5.9% |
| 1990 | 31.02 SLC | +3.1% |
| 1991 | 35.15 SLC | +13.3% |
| 1992 | 39.75 SLC | +13.1% |
| 1993 | 43.93 SLC | +10.5% |
| 1994 | 48.1 SLC | +9.5% |
| 1995 | 55.61 SLC | +15.6% |
| 1996 | 58.2 SLC | +4.7% |
| 1997 | 60.59 SLC | +4.1% |
| 1998 | 59.9 SLC | -1.1% |
| 1999 | 61.55 SLC | +2.8% |
| 2000 | 62.8 SLC | +2.0% |
| 2001 | 68.07 SLC | +8.4% |
| 2002 | 67.24 SLC | -1.2% |
| 2003 | 67.9 SLC | +1.0% |
| 2004 | 72.41 SLC | +6.6% |
| 2005 | 62.64 SLC | -13.5% |
| 2006 | 57.95 SLC | -7.5% |
| 2007 | 71.12 SLC | +22.7% |
| 2008 | 84.16 SLC | +18.3% |
| 2009 | 87.25 SLC | +3.7% |
| 2010 | 80.35 SLC | -7.9% |
| 2011 | 99.43 SLC | +23.7% |
| 2012 | 108.6 SLC | +9.2% |
| 2013 | 92.94 SLC | -14.4% |
| 2014 | 99.3 SLC | +6.8% |
| 2015 | 100 SLC | +0.7% |
| 2016 | 105.06 SLC | +5.1% |
| 2017 | 105.4 SLC | +0.3% |
| 2018 | 105.38 SLC | -0.0% |
| 2019 | 105.28 SLC | -0.1% |
| 2020 | 106.49 SLC | +1.1% |
| 2021 | 106.32 SLC | -0.2% |
| 2022 | 110.4 SLC | +3.8% |
| 2023 | 114.64 SLC | +3.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 18.23 SLC | 12.42 SLC | 25.8 SLC | 10 |
| 1980s | 25.46 SLC | 22.42 SLC | 30.08 SLC | 10 |
| 1990s | 49.38 SLC | 31.02 SLC | 61.55 SLC | 10 |
| 2000s | 70.16 SLC | 57.95 SLC | 87.25 SLC | 10 |
| 2010s | 100.17 SLC | 80.35 SLC | 108.6 SLC | 10 |
| 2020s | 109.46 SLC | 106.32 SLC | 114.64 SLC | 4 |
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)
- GDP (constant 2015 US$), annual growth rate 6.31 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.8552 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 12,499 constant 2015 US$ per person (2025)
- GDP (constant LCU), annual growth rate 6.31 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 13.8 constant LCU per US$ of GDP (2025)
- GDP (constant LCU), per capita 201,625 constant LCU per person (2025)
- Gross domestic savings (current US$), annual growth rate 3.17 % change on previous year (2024)
- Gross domestic savings (current US$), per unit of GDP 0.3075 current US$ per US$ of GDP (2024)
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 114.64 SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added deflator (manufacturing) — value standard local currency recorded in Maldives?
- The highest recorded value was 114.64 SLC in 2023.
- What is the lowest value added deflator (manufacturing) — value standard local currency recorded in Maldives?
- The lowest recorded value was 12.42 SLC in 1970.
- How does Maldives rank for value added deflator (manufacturing) — value standard local currency?
- Maldives ranks 146th out of 194 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 23.3%. 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 Value Added Deflator (Manufacturing) — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).