Economy of Maldives. Statistics, Data and Indicators
Maldives
| 0 | Credit rank #110 |
| N/A | Quality of life # |
| 75 | Corruption rank#114 |
| 147 | Ease of doing business#124 |
Maldives Major Economic Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 4.03 USD Billion | 2020 |
| GDP Annual Growth Rate | -30.51 % | 2020 |
| GDP per capita | 5663 USD | 2020 |
| Inflation Rate YoY | 2.74 % | May/21 |
| Interest Rate | 7 % | Jun/21 |
| Unemployment Rate | 6.4 % | 2020 |
| Balance of Trade | -130 USD Million | -0.13 B USD | Dec/20 |
| Current Account | -1099 USD Million | -1.099 B USD | 2020 |
| Foreign Exchange Reserves | 8773 MVR Million | 0.57 B USD | Aug/20 |
GDP
4.03
USD Billion
#156 from 174 countries
GDP per capita
5663
USD
#70 from 169 countries
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 4.03 USD Billion | 2020 |
| GDP Annual Growth Rate | -30.51 % | 2020 |
| GDP per capita | 5663 USD | 2020 |
| GDP Constant Prices | 54541 MVR Million | 3.542 B USD | 2020 |
| GDP per capita PPP | 13049 USD | 2020 |
| GDP From Agriculture | 3634 MVR Million | 0.236 B USD | 2019 |
| GDP From Construction | 5109 MVR Million | 0.332 B USD | 2019 |
| GDP From Manufacturing | 1238 MVR Million | 0.08 B USD | 2016 |
| GDP From Public Administration | 6506 MVR Million | 0.422 B USD | 2019 |
| GDP From Services | 57633 MVR Million | 3.742 B USD | 2019 |
| GDP From Transport | 4208 MVR Million | 0.273 B USD | 2019 |
| GDP From Utilities | 1201 MVR Million | 0.078 B USD | 2017 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 24.7 % | 2019 |
| Government Budget Value | -988 MVR Million | -0.064 USD Billion | Mar/21 |
| Government Revenues | 1756 MVR Million | 0.114 USD Billion | Mar/21 |
| Fiscal Expenditure | 2744 MVR Million | 0.178 B USD | Mar/21 |
| Government Budget to GDP | -27.5 % | 2020 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 98.61 index points | May/21 |
| Food Inflation | 1.1 % | May/21 |
| Inflation Rate YoY | 2.74 % | May/21 |
| Inflation Rate Mom | -0.1 % | Jan/19 |
| CPI Housing Utilities | 95.64 Index Points | May/21 |
| CPI Transportation | 99.14 Index Points | May/21 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | -29.2 % | 2020 |
| Balance of Trade | -130 USD Million | -0.13 USD Billion | Dec/20 |
| Capital Flows | -1428 USD Million | -1.428 USD Billion | 2020 |
| Current Account | -1099 USD Million | -1.099 USD Billion | 2020 |
| Exports | 27.9 USD Million | 0.028 USD Billion | Mar/21 |
| External Debt | 1976 USD Million | 1.976 USD Billion | 2020 |
| Foreign Exchange Reserves | 8773 MVR Million | 0.57 USD Billion | Aug/20 |
| Imports | 190 USD Million | 0.19 USD Billion | Apr/21 |
| Tourist Arrivals | 91000 Persons | 0.091 Million Persons | Apr/21 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Interest Rate | 7 % | Jun/21 |
| Money Supply M0 | 12988 MVR Million | 0.843 B USD | Apr/21 |
| Money Supply M1 | 20192 MVR Million | 1.311 B USD | Apr/21 |
| Money Supply M2 | 46315 MVR Million | 3.007 B USD | Apr/21 |
| Central Bank Balance Sheet | 25011 MVR Million | 1.624 B USD | Apr/21 |
| Deposit Interest Rate | 3.47 % | 2019 |
| Foreign Direct Investment | -519 USD Million | -0.519 B USD | 2020 |
| Private Sector Credit | 27151 MVR Million | 1.763 B USD | Apr/21 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Unemployment Rate | 6.4 % | 2020 |
Taxes
| Indicator | Data | Period |
|---|---|---|
| Corporate Tax Rate | 15 % | 2021 |
Business Indicators
| Indicator | Data | Period |
|---|---|---|
| Business Confidence | -22 index points | 3Q/20 |
| Corruption Index | 43 index points | 2020 |
| Corruption Rank | 75 place | 2020 |
| Ease of Doing Business | 147 place | 2019 |
Gold Reserves
N/A
N/A
#N/A from N/A countries
Foreign Exchange Reserves
0.57
USD Billion
#106 from
114 countries
Government Budget Value
-0.064
USD Billion
#51 from 113 countries
Inflation Rate
2.74
%
#124 from
174 countries
Interest Rate
7
%
#45 from
159 countries
Bank Lending Rate
N/A%
#N/A from
N/A countries
Unemployment Rate
6.4
%
#83 from
171 countries
Wages
N/A
N/A
#N/A from
N/A countries
