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Economy of Maldives. Statistics, Data and Indicators

flag
Maldives
0 Credit rank #110
N/A Quality of life #
75 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 -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
vvp
4.03
USD Billion
#156 from 174 countries
GDP per capita
vvp
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
gold_reserve_icon
N/A
N/A
#N/A from N/A countries
Foreign Exchange Reserves
gold_reserve_icon
0.57
USD Billion
#106 from 114 countries


Government Budget Value
balance_icon
-0.064
USD Billion
#51 from 113 countries
Inflation Rate
inflation_icon
2.74
%
#124 from 174 countries


Interest Rate
discount_rate_icon
7
%
#45 from 159 countries
Bank Lending Rate
credit_rate_icon
N/A%
#N/A from N/A countries


Unemployment Rate
unemployment_icon
6.4
%
#83 from 171 countries
Wages
salary_icon
N/A
N/A
#N/A from N/A countries