mv Maldives 2024

Detailed economic analysis and indicators for 2024

Year 2024

Key Economic Indicators (2024)

GDP (Current USD)

$6.95 billion

↑ 5.46% vs 2023
GDP per Capita

$13,214.04

↑ 5.46% vs 2023
GDP Growth (Annual %)

5.46%

↑ 0.73pp vs 2023
Inflation Rate (CPI %)

1.40%

↓ 1.53pp vs 2023

Year-over-Year Comparison

Indicator 2023 2024 Change
GDP (Current USD) $6.59 billion $6.95 billion +5.46%
GDP per Capita $12,530.36 $13,214.04 +5.46%
GDP Growth (Annual %) 4.73% 5.46% +0.73pp
Inflation (CPI %) 2.93% 1.40% -1.53pp
Unemployment Rate (%) 4.24% 4.64% +0.40pp

All Economic Indicators (2024)

National Accounts
GDP (Current USD)
$6.95 billion
GDP per Capita
$13,214.04
GDP Growth (Annual %)
5.46%
Gross National Income
N/A
Prices & Employment
Inflation (CPI %)
1.40%
Inflation (GDP Deflator %)
N/A
Unemployment Rate (%)
4.64%
Interest Rate (Real %)
N/A
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)
N/A
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2024, Maldives's Gross Domestic Product (GDP) is $6.95 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Maldives for 2024 is $13,214.04. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in Maldives for 2024 is 1.40%. This measures the annual percentage change in the cost of consumer goods and services.

Maldives's annual GDP growth rate for 2024 is 5.46%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Maldives for 2024 is 4.64%. This represents the percentage of the labor force that is unemployed and actively seeking employment.