Maldives 2023
Detailed economic analysis and indicators for 2023
Key Economic Indicators (2023)
GDP (Current USD)
$6.59 billion
↑ 6.70% vs 2022GDP per Capita
$12,530.36
↑ 6.32% vs 2022GDP Growth (Annual %)
4.73%
↓ 9.10pp vs 2022Inflation Rate (CPI %)
2.93%
↑ 0.59pp vs 2022Year-over-Year Comparison
| Indicator | 2022 | 2023 | Change |
|---|---|---|---|
| GDP (Current USD) | $6.18 billion | $6.59 billion | +6.70% |
| GDP per Capita | $11,786.01 | $12,530.36 | +6.32% |
| GDP Growth (Annual %) | 13.83% | 4.73% | -9.10pp |
| Inflation (CPI %) | 2.33% | 2.93% | +0.59pp |
| Unemployment Rate (%) | 4.42% | 4.24% | -0.18pp |
All Economic Indicators (2023)
National Accounts
- GDP (Current USD)
- $6.59 billion
- GDP per Capita
- $12,530.36
- GDP Growth (Annual %)
- 4.73%
- Gross National Income
- $5.82 billion
Prices & Employment
- Inflation (CPI %)
- 2.93%
- Inflation (GDP Deflator %)
- 1.88%
- Unemployment Rate (%)
- 4.24%
- Interest Rate (Real %)
- 9.62%
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- -21.22%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2023, Maldives's Gross Domestic Product (GDP) is $6.59 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Maldives for 2023 is $12,530.36. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Maldives for 2023 is 2.93%. This measures the annual percentage change in the cost of consumer goods and services.
Maldives's annual GDP growth rate for 2023 is 4.73%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Maldives for 2023 is 4.24%. This represents the percentage of the labor force that is unemployed and actively seeking employment.