Economy of Maldives. Statistics, Data and Indicators
Maldives
| 0 | Credit rank #110 |
| N/A | Quality of life # |
| 85 | 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 | 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 |
