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Economy of Maldives. Statistics, Data and Indicators

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Maldives
0 Credit rank #110
N/A Quality of life #
85 Corruption rank#114
147 Ease of doing business#124
Maldives


Maldives Major Economic Indicators

Indicator Data Period
GDP Value 4.03 USD Billion 2020
GDP Annual Growth Rate 49.4 % 2021
GDP per capita 6820 USD 2020
Inflation Rate YoY 1.2 % Apr/22
Interest Rate 7 % May/22
Unemployment Rate 6.4 % 2020
Balance of Trade -212 USD Million | -0.212 B USD Feb/22
Current Account -1099 USD Million | -1.099 B USD 2020
Foreign Exchange Reserves 757 MVR Million | 0.049 B USD Feb/22


GDP Indicators

Indicator Data Period
GDP Value 4.03 USD Billion 2020
GDP Annual Growth Rate 49.4 % 2021
GDP per capita 6820 USD 2020
GDP Constant Prices 54541 MVR Million | 3.553 B USD 2020
GDP per capita PPP 13049 USD 2020
GDP From Agriculture  3867 MVR Million | 0.252 B USD 2020
GDP From Construction  3659 MVR Million | 0.238 B USD 2020
GDP From Manufacturing  1335 MVR Million | 0.087 B USD 2020
GDP From Public Administration  6930 MVR Million | 0.451 B USD 2020
GDP From Services  38794 MVR Million | 2.527 B USD 2020
GDP From Transport  2301 MVR Million | 0.15 B USD 2020
GDP From Utilities  1396 MVR Million | 0.091 B USD 2020


Budget Indicators

Indicator Data Period
Government Debt to GDP 66.6 % 2021
Government Budget Value -902 MVR Million | -0.059 USD Billion Nov/21
Government Revenues 2096 MVR Million | 0.137 USD Billion Nov/21
Fiscal Expenditure  2998 MVR Million | 0.195 B USD Nov/21
Government Budget to GDP -16.6 % 2021


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 99.77 index points Apr/22
Food Inflation 3.6 % Apr/22
Inflation Rate YoY 1.2 % Apr/22
Inflation Rate Mom -0.1 % Jan/19
CPI Housing Utilities 95.89 Index Points Apr/22
CPI Transportation 104 Index Points Apr/22


Trade Indicators

Indicator Data Period
Current Account to GDP -9 % 2021
Balance of Trade -212 USD Million | -0.212 USD Billion Feb/22
Capital Flows -1428 USD Million | -1.428 USD Billion 2020
Current Account -1099 USD Million | -1.099 USD Billion 2020
Exports 34.3 USD Million | 0.034 USD Billion Feb/22
External Debt 1976 USD Million | 1.976 USD Billion 2020
Foreign Exchange Reserves 757 MVR Million | 0.049 USD Billion Feb/22
Imports 246 USD Million | 0.246 USD Billion Feb/22
Tourist Arrivals 145280 Persons | 0.145 Million Persons Apr/22


Money Indicators

Indicator Data Period
Interest Rate 7 % May/22
Money Supply M0 12930 MVR Million | 0.842 B USD Feb/22
Money Supply M1 22442 MVR Million | 1.462 B USD Feb/22
Money Supply M2 54906 MVR Million | 3.577 B USD Feb/22
Central Bank Balance Sheet 23329 MVR Million | 1.52 B USD Feb/22
Deposit Interest Rate 1.5 % 2022
Foreign Direct Investment -519 USD Million | -0.519 B USD 2020
Private Sector Credit  27836 MVR Million | 1.813 B USD Feb/22


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 94 index points 4Q/21
Corruption Index 40 index points 2021
Corruption Rank 85 place 2021
Ease of Doing Business 147 place 2019