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 | 5.73 USD Billion | 2019 |
| GDP Annual Growth Rate | -51.6 % | 2020 |
| GDP per capita | 8210 USD | 2019 |
| Inflation Rate YoY | -1 % | Feb/21 |
| Interest Rate | 7 % | Feb/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 | 0.568 B USD | Aug/20 |
GDP
5.73
USD Billion
#156 from 174 countries
GDP per capita
8210
USD
#70 from 169 countries
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 5.73 USD Billion | 2019 |
| GDP Annual Growth Rate | -51.6 % | 2020 |
| GDP per capita | 8210 USD | 2019 |
| GDP Constant Prices | 54541 MVR Million | 3.53 B USD | 2020 |
| GDP per capita PPP | 18914 USD | 2019 |
| GDP From Agriculture | 3634 MVR Million | 0.235 B USD | 2019 |
| GDP From Construction | 5109 MVR Million | 0.331 B USD | 2019 |
| GDP From Manufacturing | 1238 MVR Million | 0.08 B USD | 2016 |
| GDP From Public Administration | 6506 MVR Million | 0.421 B USD | 2019 |
| GDP From Services | 57633 MVR Million | 3.73 B USD | 2019 |
| GDP From Transport | 4208 MVR Million | 0.272 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 | -7121 MVR Million | -0.461 USD Billion | Aug/20 |
| Government Revenues | 748 MVR Million | 0.048 USD Billion | Nov/20 |
| Fiscal Expenditure | 2110 MVR Million | 0.137 B USD | Nov/20 |
| Government Budget to GDP | -27.5 % | 2020 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 99.25 index points | Feb/21 |
| Food Inflation | 2.1 % | Jan/21 |
| Inflation Rate YoY | -1 % | Feb/21 |
| Inflation Rate Mom | -0.1 % | Jan/19 |
| CPI Housing Utilities | 95.5 Index Points | Jan/21 |
| CPI Transportation | 98.2 Index Points | Jan/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 | 34.4 USD Million | 0.034 USD Billion | Dec/20 |
| External Debt | 1541 USD Million | 1.541 USD Billion | 2019 |
| Foreign Exchange Reserves | 8773 MVR Million | 0.568 USD Billion | Aug/20 |
| Imports | 165 USD Million | 0.165 USD Billion | Dec/20 |
| Tourist Arrivals | 96000 Persons | 0.096 Million Persons | Dec/20 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Interest Rate | 7 % | Feb/21 |
| Money Supply M0 | 12249 MVR Million | 0.793 B USD | Dec/20 |
| Money Supply M1 | 19005 MVR Million | 1.23 B USD | Dec/20 |
| Money Supply M2 | 41395 MVR Million | 2.679 B USD | Dec/20 |
| Central Bank Balance Sheet | 26174 MVR Million | 1.694 B USD | Dec/20 |
| Deposit Interest Rate | 3.47 % | 2019 |
| Foreign Direct Investment | -519 USD Million | -0.519 B USD | 2020 |
| Private Sector Credit | 26782 MVR Million | 1.733 B USD | Dec/20 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Unemployment Rate | 6.4 % | 2020 |
Taxes
| Indicator | Data | Period |
|---|---|---|
| Corporate Tax Rate | 15 % | 2020 |
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
0.568
USD Billion
#106 from
114 countries
Government Budget Value
-0.461
USD Billion
#51 from 113 countries
Inflation Rate
-1
%
#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
