Maldives flag Maldives:

Economic indicators of the Maldives : Growth

Main Indicators

Main Indicators 201920202021 (e)2022 (e)2023 (e)
GDP (billions USD) 5.633.74e4.575.306.05
GDP (Constant Prices, Annual % Change) 7.0-32.0e18.913.212.1
GDP per Capita (USD) 15,149e9,889e11,89913,55115,223
General Government Gross Debt (in % of GDP) 78.331146.047e137.213133.337128.180
Inflation Rate (%) 1.3-1.6e0.22.32.0
Current Account (billions USD) -1.49-1.12-0.73-0.74-0.54
Current Account (in % of GDP) -26.5-29.9-15.9-13.9-8.9

Source: IMF – World Economic Outlook Database - Latest available data.

Note: (e) Estimated Data

Monetary Indicators 20162017201820192020
Maldives Rufiyaa (MVR) - Average Annual Exchange Rate For 1 EUR 16.3517.3818.1617.3017.60

Source: World Bank - Latest available data.


Main Sectors of Industry

Breakdown of Economic Activity By Sector Agriculture Industry Services
Employment By Sector (in % of Total Employment) 8.3 19.1 72.6
Value Added (in % of GDP) 5.2 11.7 70.0
Value Added (Annual % Change) 6.4 -21.3 -32.7

Source: World Bank - Latest available data.

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Latest Update: May 2022