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

Maldives: Value Added (Total Manufacturing) — Value Standard Local Currency was 2,007 million SLC in 2023. ◆ Volatile

Latest (2023)
2,007 million SLC
Change on year
up 5.9%
World rank
182nd
of 231 countries
All-time high
2,007 million SLC
in 2023
All-time low
6.01 million SLC
in 1970
Years of data
54
1970–2023

Value Added (Total Manufacturing) — Value Standard Local Currency in Maldives, 1970–2023

05001.0k1.5k2.0k197019962023

Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.

Analysis

The most recent figure for value added (total manufacturing) — value standard local currency in Maldives is 2,007 million SLC, measured in 2023. That is the highest value across all 54 years on record.

That represents a change of up 5.9% on the previous year and up 87.1% over ten years.

Over the whole period, value added (total manufacturing) — value standard local currency in Maldives peaked at 2,007 million SLC in 2023 and was at its lowest, 6.01 million SLC, in 1970.

That places Maldives 182nd out of 231 countries with data for 2023, putting it 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

Annual values for Value Added (Total Manufacturing) — Value Standard Local Currency in Maldives, 1970 to 2023.
Year million SLC Change
1970 6.01 million SLC —
1971 6.49 million SLC +7.9%
1972 6.87 million SLC +5.9%
1973 7.94 million SLC +15.5%
1974 10.34 million SLC +30.3%
1975 9.84 million SLC -4.8%
1976 10.15 million SLC +3.1%
1977 10.38 million SLC +2.2%
1978 16.28 million SLC +56.9%
1979 23.45 million SLC +44.1%
1980 26.13 million SLC +11.4%
1981 28.91 million SLC +10.6%
1982 45.27 million SLC +56.6%
1983 45.14 million SLC -0.3%
1984 43.93 million SLC -2.7%
1985 45.08 million SLC +2.6%
1986 49.84 million SLC +10.5%
1987 64.45 million SLC +29.3%
1988 73.74 million SLC +14.4%
1989 86.25 million SLC +17.0%
1990 102.81 million SLC +19.2%
1991 127.74 million SLC +24.3%
1992 157.75 million SLC +23.5%
1993 188.91 million SLC +19.8%
1994 221.03 million SLC +17.0%
1995 274.46 million SLC +24.2%
1996 286.14 million SLC +4.3%
1997 345.58 million SLC +20.8%
1998 382.62 million SLC +10.7%
1999 436.47 million SLC +14.1%
2000 465.44 million SLC +6.6%
2001 590.45 million SLC +26.9%
2002 605.39 million SLC +2.5%
2003 713.64 million SLC +17.9%
2004 766.6 million SLC +7.4%
2005 699.12 million SLC -8.8%
2006 737.71 million SLC +5.5%
2007 767.29 million SLC +4.0%
2008 945.09 million SLC +23.2%
2009 772.64 million SLC -18.2%
2010 757.89 million SLC -1.9%
2011 1,045 million SLC +37.9%
2012 1,164 million SLC +11.3%
2013 1,073 million SLC -7.8%
2014 1,129 million SLC +5.2%
2015 1,223 million SLC +8.4%
2016 1,409 million SLC +15.1%
2017 1,619 million SLC +14.9%
2018 1,824 million SLC +12.7%
2019 1,877 million SLC +2.9%
2020 1,534 million SLC -18.3%
2021 1,725 million SLC +12.4%
2022 1,896 million SLC +9.9%
2023 2,007 million SLC +5.9%

Maldives compared with similar countries

  • Maldives's 2,007 million SLC is below the median for upper middle income countries, which is 109,280 million SLC, 2% of the median. (54 countries reporting)
  • Maldives's 2,007 million SLC is below the median for South Asia, which is 2.60 million million SLC, 0% of the median. (6 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 10.78 million SLC 6.01 million SLC 23.45 million SLC 10
1980s 50.87 million SLC 26.13 million SLC 86.25 million SLC 10
1990s 252.35 million SLC 102.81 million SLC 436.47 million SLC 10
2000s 706.34 million SLC 465.44 million SLC 945.09 million SLC 10
2010s 1,312 million SLC 757.89 million SLC 1,877 million SLC 10
2020s 1,790 million SLC 1,534 million SLC 2,007 million SLC 4

Countries ranked near Maldives

  1. 179 Liechtenstein 2,532 million SLC compare
  2. 180 Gambia 2,212 million SLC compare
  3. 181 Eritrea 2,109 million SLC compare
  4. 183 Papua New Guinea 1,979 million SLC compare
  5. 184 Palestine 1,939 million SLC compare
  6. 184 Palestine 1,939 million SLC compare

See the full ranking of 232 places →

More economy & growth data for Maldives

All data for Maldives →

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 2,007 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 2,007 million SLC in 2023.
What is the lowest value added (total manufacturing) — value standard local currency recorded in Maldives?
The lowest recorded value was 6.01 million SLC in 1970.
How does Maldives rank for value added (total manufacturing) — value standard local currency?
Maldives ranks 182nd out of 231 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 87.1%. 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. Statizoid updates them automatically from the source API.

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Value Added (Total Manufacturing) — Value Standard Local Currency in Maldives. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 13 October 2026, from https://economy.statizoid.com/stat/value-added-total-manufacturing-value-standard-local-currency/maldives/

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About this data

Indicator
Value Added (Total Manufacturing) — Value Standard Local Currency
Unit
million SLC
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
232 places, 11,456 data points, 1970–2023
Last refreshed

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).