Value Added (Total Manufacturing) — Value Standard Local Currency in Maldives
Maldives: Value Added (Total Manufacturing) — Value Standard Local Currency was 1,751 million SLC in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value Standard Local Currency in Maldives, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Maldives recorded 1,751 million SLC for value added (total manufacturing) — value standard local currency in 2023.
Compared with earlier readings it is up 2.0% on the previous year and up 51.7% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Maldives peaked at 1,783 million SLC in 2019 and was at its lowest, 42.93 million SLC, in 1976.
Maldives ranks 151st 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 (Total Manufacturing) — Value Standard Local Currency in Maldives, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 48.42 million SLC | — |
| 1971 | 49.48 million SLC | +2.2% |
| 1972 | 49.77 million SLC | +0.6% |
| 1973 | 52.17 million SLC | +4.8% |
| 1974 | 57.56 million SLC | +10.3% |
| 1975 | 54.83 million SLC | -4.7% |
| 1976 | 42.93 million SLC | -21.7% |
| 1977 | 50 million SLC | +16.5% |
| 1978 | 75.25 million SLC | +50.5% |
| 1979 | 90.91 million SLC | +20.8% |
| 1980 | 108.08 million SLC | +18.9% |
| 1981 | 126.39 million SLC | +16.9% |
| 1982 | 158.99 million SLC | +25.8% |
| 1983 | 179.54 million SLC | +12.9% |
| 1984 | 192.5 million SLC | +7.2% |
| 1985 | 201.1 million SLC | +4.5% |
| 1986 | 216.37 million SLC | +7.6% |
| 1987 | 237.32 million SLC | +9.7% |
| 1988 | 259.71 million SLC | +9.4% |
| 1989 | 286.75 million SLC | +10.4% |
| 1990 | 331.45 million SLC | +15.6% |
| 1991 | 363.43 million SLC | +9.6% |
| 1992 | 396.87 million SLC | +9.2% |
| 1993 | 429.99 million SLC | +8.3% |
| 1994 | 459.51 million SLC | +6.9% |
| 1995 | 493.52 million SLC | +7.4% |
| 1996 | 491.62 million SLC | -0.4% |
| 1997 | 570.36 million SLC | +16.0% |
| 1998 | 638.78 million SLC | +12.0% |
| 1999 | 709.13 million SLC | +11.0% |
| 2000 | 741.15 million SLC | +4.5% |
| 2001 | 867.43 million SLC | +17.0% |
| 2002 | 900.27 million SLC | +3.8% |
| 2003 | 1,051 million SLC | +16.7% |
| 2004 | 1,059 million SLC | +0.7% |
| 2005 | 1,116 million SLC | +5.4% |
| 2006 | 1,273 million SLC | +14.1% |
| 2007 | 1,079 million SLC | -15.3% |
| 2008 | 1,123 million SLC | +4.1% |
| 2009 | 885.51 million SLC | -21.1% |
| 2010 | 943.19 million SLC | +6.5% |
| 2011 | 1,051 million SLC | +11.5% |
| 2012 | 1,072 million SLC | +1.9% |
| 2013 | 1,154 million SLC | +7.7% |
| 2014 | 1,137 million SLC | -1.5% |
| 2015 | 1,223 million SLC | +7.6% |
| 2016 | 1,341 million SLC | +9.6% |
| 2017 | 1,536 million SLC | +14.5% |
| 2018 | 1,731 million SLC | +12.7% |
| 2019 | 1,783 million SLC | +3.0% |
| 2020 | 1,440 million SLC | -19.2% |
| 2021 | 1,622 million SLC | +12.6% |
| 2022 | 1,717 million SLC | +5.9% |
| 2023 | 1,751 million SLC | +2.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 57.13 million SLC | 42.93 million SLC | 90.91 million SLC | 10 |
| 1980s | 196.68 million SLC | 108.08 million SLC | 286.75 million SLC | 10 |
| 1990s | 488.47 million SLC | 331.45 million SLC | 709.13 million SLC | 10 |
| 2000s | 1,009 million SLC | 741.15 million SLC | 1,273 million SLC | 10 |
| 2010s | 1,297 million SLC | 943.19 million SLC | 1,783 million SLC | 10 |
| 2020s | 1,633 million SLC | 1,440 million SLC | 1,751 million 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)
- GNI, Atlas method (current US$), annual growth rate 12.62 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.8861 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), per capita 12,951 current US$ per person (2025)
- GNI (current US$), annual growth rate 10.94 % change on previous year (2025)
- GNI (current US$), per unit of GDP 0.8965 current US$ per US$ of GDP (2025)
- GNI (current US$), per capita 13,102 current US$ per person (2025)
- GNI (current LCU), annual growth rate 11.13 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 13.82 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is value added (total manufacturing) — value standard local currency in Maldives?
- Value added (total manufacturing) — value standard local currency in Maldives was 1,751 million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — value standard local currency recorded in Maldives?
- The highest recorded value was 1,783 million SLC in 2019.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Maldives?
- The lowest recorded value was 42.93 million SLC in 1976.
- How does Maldives rank for value added (total manufacturing) — value standard local currency?
- Maldives ranks 151st out of 194 countries with data for 2023.
- Is value added (total manufacturing) — value standard local currency rising or falling in Maldives?
- Over the last ten years it is up 51.7%. 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 (Total Manufacturing) — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).