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 | 4.89 USD Billion | 2021 |
| GDP Annual Growth Rate | 31.2 % | 2022 |
| GDP per capita | 8674 USD | 2021 |
| Inflation Rate YoY | 2.94 % | Oct/22 |
| Interest Rate | 7 % | Nov/22 |
| Unemployment Rate | 6.1 % | 2021 |
| Balance of Trade | -238 USD Million | -0.238 B USD | Oct/22 |
| Current Account | -458 USD Million | -0.458 B USD | 2021 |
| Foreign Exchange Reserves | 491 MVR Million | 0.032 B USD | Oct/22 |
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 4.89 USD Billion | 2021 |
| GDP Annual Growth Rate | 31.2 % | 2022 |
| GDP per capita | 8674 USD | 2021 |
| GDP Constant Prices | 67484 MVR Million | 4.418 B USD | 2021 |
| GDP per capita PPP | 16596 USD | 2021 |
| GDP From Agriculture | 3406 MVR Million | 0.223 B USD | 2021 |
| GDP From Construction | 3268 MVR Million | 0.214 B USD | 2021 |
| GDP From Manufacturing | 1527 MVR Million | 0.1 B USD | 2021 |
| GDP From Public Administration | 6642 MVR Million | 0.435 B USD | 2021 |
| GDP From Services | 55967 MVR Million | 3.664 B USD | 2021 |
| GDP From Transport | 3438 MVR Million | 0.225 B USD | 2021 |
| GDP From Utilities | 1659 MVR Million | 0.109 B USD | 2021 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 66.6 % | 2021 |
| Government Budget Value | -1353 MVR Million | -0.089 USD Billion | Oct/22 |
| Government Revenues | 1514 MVR Million | 0.099 USD Billion | Oct/22 |
| Fiscal Expenditure | 2867 MVR Million | 0.188 B USD | Oct/22 |
| Government Budget to GDP | -16.6 % | 2021 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 102 index points | Oct/22 |
| Food Inflation | 6.2 % | Aug/22 |
| Inflation Rate YoY | 2.94 % | Oct/22 |
| Inflation Rate Mom | -0.1 % | Jan/19 |
| CPI Housing Utilities | 97.25 Index Points | Aug/22 |
| CPI Transportation | 110 Index Points | Aug/22 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | -9 % | 2021 |
| Balance of Trade | -238 USD Million | -0.238 USD Billion | Oct/22 |
| Capital Flows | -284 USD Million | -0.284 USD Billion | 2021 |
| Current Account | -458 USD Million | -0.458 USD Billion | 2021 |
| Exports | 39.1 USD Million | 0.039 USD Billion | Oct/22 |
| External Debt | 2449 USD Million | 2.449 USD Billion | 2021 |
| Foreign Exchange Reserves | 491 MVR Million | 0.032 USD Billion | Oct/22 |
| Imports | 277 USD Million | 0.277 USD Billion | Oct/22 |
| Tourist Arrivals | 153737 Persons | 0.154 Million Persons | Oct/22 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Interest Rate | 7 % | Nov/22 |
| Money Supply M0 | 12078 MVR Million | 0.791 B USD | Oct/22 |
| Money Supply M1 | 21315 MVR Million | 1.395 B USD | Oct/22 |
| Money Supply M2 | 52286 MVR Million | 3.423 B USD | Oct/22 |
| Central Bank Balance Sheet | 20997 MVR Million | 1.375 B USD | Oct/22 |
| Deposit Interest Rate | 1.5 % | 2022 |
| Foreign Direct Investment | -444 USD Million | -0.444 B USD | 2021 |
| Private Sector Credit | 28733 MVR Million | 1.881 B USD | Oct/22 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Unemployment Rate | 6.1 % | 2021 |
Taxes
| Indicator | Data | Period |
|---|---|---|
| Corporate Tax Rate | 15 % | 2022 |
Business Indicators
| Indicator | Data | Period |
|---|---|---|
| Business Confidence | -89 index points | 2Q/22 |
| Corruption Index | 40 index points | 2021 |
| Corruption Rank | 85 place | 2021 |
| Ease of Doing Business | 147 place | 2019 |
