Economy of Maldives. Statistics, Data and Indicators
Maldives
| 0 | Credit rank #110 |
| N/A | Quality of life # |
| 130 | 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 | -5.9 % | 2020 |
| GDP per capita | 8210 USD | 2019 |
| Inflation Rate YoY | -1.7 % | Aug/20 |
| Interest Rate | 7 % | Sep/20 |
| Unemployment Rate | 6.4 % | 2019 |
| Balance of Trade | -120 USD Million | -0.12 B USD | Jun/20 |
| Current Account | -1498 USD Million | -1.498 B USD | 2019 |
| Foreign Exchange Reserves | 8773 MVR Million | 0.57 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 | -5.9 % | 2020 |
| GDP per capita | 8210 USD | 2019 |
| GDP Constant Prices | 75218 MVR Million | 4.884 B USD | 2019 |
| GDP per capita PPP | 18914 USD | 2019 |
| 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 | 24.8 % | 2019 |
| Government Budget Value | -1781 MVR Million | -0.116 USD Billion | Jun/20 |
| Government Revenues | 1717 MVR Million | 0.111 USD Billion | Aug/20 |
| Fiscal Expenditure | 2176 MVR Million | 0.141 B USD | Jun/20 |
| Government Budget to GDP | -5.6 % | 2019 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 98.3 index points | Aug/20 |
| Food Inflation | 2.7 % | Aug/20 |
| Inflation Rate YoY | -1.7 % | Aug/20 |
| Inflation Rate Mom | -0.1 % | Jan/19 |
| CPI Housing Utilities | 95.6 Index Points | Aug/20 |
| CPI Transportation | 98.5 Index Points | Aug/20 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | -26 % | 2019 |
| Balance of Trade | -120 USD Million | -0.12 USD Billion | Jun/20 |
| Capital Flows | -1218 USD Million | -1.218 USD Billion | 2019 |
| Current Account | -1498 USD Million | -1.498 USD Billion | 2019 |
| Exports | 43.5 USD Million | 0.044 USD Billion | Aug/20 |
| External Debt | 1535 USD Million | 1.535 USD Billion | 2019 |
| Foreign Exchange Reserves | 8773 MVR Million | 0.57 USD Billion | Aug/20 |
| Imports | 1386 USD Million | 1.386 USD Billion | Aug/20 |
| Tourist Arrivals | 8 Persons | 0 Million Persons | Aug/20 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Interest Rate | 7 % | Sep/20 |
| Money Supply M0 | 10310 MVR Million | 0.669 B USD | Aug/20 |
| Money Supply M1 | 17734 MVR Million | 1.152 B USD | Aug/20 |
| Money Supply M2 | 37009 MVR Million | 2.403 B USD | Aug/20 |
| Central Bank Balance Sheet | 195602 MVR Million | 12.701 B USD | Aug/20 |
| Deposit Interest Rate | 3.47 % | 2019 |
| Foreign Direct Investment | -891 USD Million | -0.891 B USD | 2019 |
| Private Sector Credit | 26051 MVR Million | 1.692 B USD | Aug/20 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Unemployment Rate | 6.4 % | 2019 |
Taxes
| Indicator | Data | Period |
|---|---|---|
| Corporate Tax Rate | 15 % | 2020 |
Business Indicators
| Indicator | Data | Period |
|---|---|---|
| Business Confidence | 77 index points | 4Q/19 |
| Corruption Index | 29 index points | 2019 |
| Corruption Rank | 130 place | 2019 |
| Ease of Doing Business | 147 place | 2019 |
Gold Reserves
N/A
N/A
#N/A from N/A countries
Foreign Exchange Reserves
0.57
USD Billion
#106 from
114 countries
Government Budget Value
-0.116
USD Billion
#51 from 113 countries
Inflation Rate
-1.7
%
#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
