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Economy of Maldives. Statistics, Data and Indicators

flag
Maldives
0 Credit rank #110
N/A Quality of life #
130 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 -0.89 % Nov/20
Interest Rate 7 % Dec/20
Unemployment Rate 6.4 % 2019
Balance of Trade -117 USD Million | -0.117 B USD Nov/20
Current Account -1498 USD Million | -1.498 B USD 2019
Foreign Exchange Reserves 8773 MVR Million | 0.57 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 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 -7121 MVR Million | -0.462 USD Billion Aug/20
Government Revenues 1717 MVR Million | 0.111 USD Billion Aug/20
Fiscal Expenditure  2429 MVR Million | 0.158 B USD Aug/20
Government Budget to GDP -5.6 % 2019


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 99.02 index points Nov/20
Food Inflation 2.7 % Aug/20
Inflation Rate YoY -0.89 % Nov/20
Inflation Rate Mom -0.1 % Jan/19
CPI Housing Utilities 95.5 Index Points Nov/20
CPI Transportation 98.5 Index Points Nov/20


Trade Indicators

Indicator Data Period
Current Account to GDP -26 % 2019
Balance of Trade -117 USD Million | -0.117 USD Billion Nov/20
Capital Flows -1218 USD Million | -1.218 USD Billion 2019
Current Account -1498 USD Million | -1.498 USD Billion 2019
Exports 18.1 USD Million | 0.018 USD Billion Nov/20
External Debt 1535 USD Million | 1.535 USD Billion 2019
Foreign Exchange Reserves 8773 MVR Million | 0.57 USD Billion Aug/20
Imports 135 USD Million | 0.135 USD Billion Nov/20
Tourist Arrivals 36000 Persons | 0.036 Million Persons Nov/20


Money Indicators

Indicator Data Period
Interest Rate 7 % Dec/20
Money Supply M0 10906 MVR Million | 0.708 B USD Nov/20
Money Supply M1 18293 MVR Million | 1.188 B USD Nov/20
Money Supply M2 38418 MVR Million | 2.495 B USD Nov/20
Central Bank Balance Sheet 20357 MVR Million | 1.322 B USD Nov/20
Deposit Interest Rate 3.47 % 2019
Foreign Direct Investment -891 USD Million | -0.891 B USD 2019
Private Sector Credit  26709 MVR Million | 1.734 B USD Nov/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 -22 index points 3Q/20
Corruption Index 29 index points 2019
Corruption Rank 130 place 2019
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
-0.462
USD Billion
#51 from 113 countries
Inflation Rate
inflation_icon
-0.89
%
#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