Maldives GDP Growth Rate 1996-2023

Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.
  • Maldives gdp growth rate for 2022 was 12.30%, a 29.45% decline from 2021.
  • Maldives gdp growth rate for 2021 was 41.75%, a 75.24% increase from 2020.
  • Maldives gdp growth rate for 2020 was -33.49%, a 40.59% decline from 2019.
  • Maldives gdp growth rate for 2019 was 7.10%, a 1.03% decline from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name GDP Growth (%)
Guyana 57.80%
Fiji 16.12%
St. Lucia 15.40%
Armenia 12.60%
Maldives 12.30%
Belize 12.13%
Malaysia 8.69%
Mauritius 8.69%
Colombia 7.50%
Iraq 7.01%
Montenegro 6.09%
Dominica 5.94%
Grenada 5.80%
Botswana 5.78%
Turkey 5.57%
St. Vincent and the Grenadines 4.95%
Dominican Republic 4.86%
Albania 4.84%
Romania 4.79%
Azerbaijan 4.62%
Namibia 4.56%
Costa Rica 4.31%
Jamaica 4.20%
Guatemala 4.12%
Bosnia 3.90%
Bulgaria 3.36%
Kazakhstan 3.20%
Equatorial Guinea 3.15%
Algeria 3.10%
Mexico 3.06%
Gabon 3.04%
China 2.99%
Ecuador 2.95%
Brazil 2.90%
Iran 2.75%
Peru 2.68%
Thailand 2.59%
Jordan 2.50%
Nauru 2.36%
Serbia 2.25%
North Macedonia 2.15%
South Africa 2.04%
Suriname 1.89%
Marshall Islands 1.50%
Tuvalu 0.68%
Paraguay 0.08%
Libya -1.24%
Russia -2.07%
Belarus -4.70%
Samoa -6.02%
Maldives GDP Growth Rate - Historical Data
Year GDP Growth (%) Annual Change
2022 12.30% -29.45%
2021 41.75% 75.24%
2020 -33.49% -40.59%
2019 7.10% -1.03%
2018 8.12% 0.91%
2017 7.21% 0.87%
2016 6.34% 3.45%
2015 2.88% -4.45%
2014 7.33% 0.05%
2013 7.28% 4.76%
2012 2.52% -6.05%
2011 8.57% 1.30%
2010 7.27% 14.49%
2009 -7.23% -16.71%
2008 9.49% 1.77%
2007 7.71% -18.40%
2006 26.11% 39.24%
2005 -13.13% -19.16%
2004 6.03% -7.72%
2003 13.75% 6.48%
2002 7.27% 11.21%
2001 -3.94% -7.79%
2000 3.85% -2.33%
1999 6.18% -1.32%
1998 7.49% -0.90%
1997 8.40% 0.54%
1996 7.86% 0.54%