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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 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
vvp
5.73
USD Billion
#156 from 174 countries
GDP per capita
vvp
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
gold_reserve_icon
N/A
N/A
#N/A from N/A countries
Foreign Exchange Reserves
gold_reserve_icon
0.568
USD Billion
#106 from 114 countries


Government Budget Value
balance_icon
-0.461
USD Billion
#51 from 113 countries
Inflation Rate
inflation_icon
-1
%
#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