π²π» Maldives
MV / MDV #186
Nomad Score
48.0
Cities
17
Region
South Asian Association for Regional Cooperation,
Islands,
Asia,
Asia,
Southern Asia,
Developing Countries
Currency
MVR
π KEY INDICATORS
GDP per capita (PPP) (2030)
$35,065
GDP (2030)
$10.4B
GDP Growth (2030)
4.0%
β
Inflation (2030)
2.0%
β
Unemployment (2025)
4.5%
β
Population (2030)
446.0K
Pop. Growth (2030)
1.6%
β
Gini Index (2019)
29.3
Govt Debt (2030)
146.5% of GDP
Current Account (2030)
-8.4% of GDP
FDI Inflows (2024)
$806.2M
Life Expectancy (2023)
81.0 yrs
Health Spending (2023)
9.3% of GDP
Internet Users (2023)
84.7%
Mobile Subs (2023)
141.6/100
Trade Openness (2024)
156.5% of GDP
Exchange Rate (2024)
15.39/USD
Foreign Reserves (2024)
$673.9M
π° GDP OVERVIEW
π€ GDP PER CAPITA (PPP)
π INFLATION (CPI)
π· UNEMPLOYMENT
π₯ POPULATION
π FISCAL & TRADE
Govt Debt (2030)
146.5% of GDP
Current Account (2030)
-8.4% of GDP
FDI Inflows (2024)
$806.2M
βοΈ INCOME INEQUALITY (GINI)
Gini Index (2019)
0.29
Assessment
Low inequality
π’ BUSINESS ENVIRONMENT
New Business Density (2022)
4.22/1k
Tax Revenue (2021)
19.5% of GDP
Services Sector (2024)
72.1% of GDP
π§ FINANCIAL ACCESS & COSTS
ATMs per 100k (2023)
46.1
Bank Branches per 100k (2023)
15.0
ICT Service Exports (2024)
0.9%
Goods & Services Tax (2021)
13.8%
π HISTORICAL DATA
| Year | GDP | GDP/cap PPP | Growth | Inflation | Unemp. | Population | Gini | Debt | Curr. Acct | FDI | Life Exp. | Health | Internet | FX Rate |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2030 * | $10.4B | $35,065 | 4.0% | 2.0% | - | 446.0K | - | 146.5% | -8.4% | - | - | - | - | - |
| 2029 * | $9.8B | $33,567 | 4.0% | 2.0% | - | 439.0K | - | 145.8% | -9.5% | - | - | - | - | - |
| 2028 * | $9.3B | $32,152 | 4.0% | 2.0% | - | 432.0K | - | 143.7% | -9.7% | - | - | - | - | - |
| 2027 * | $8.7B | $30,808 | 4.1% | 2.0% | - | 425.0K | - | 140.3% | -11.0% | - | - | - | - | - |
| 2026 * | $8.2B | $29,501 | 4.5% | 2.5% | - | 418.0K | - | 135.9% | -11.2% | - | - | - | - | - |
| 2025 | $7.7B | $28,014 | 4.8% | 3.9% | 4.5% | 411.0K | - | 131.8% | -12.5% | - | - | - | - | - |
| 2024 | $7.1B | $26,183 | 3.3% | 1.4% | 4.3% | 404.0K | - | 133.3% | -17.8% | $806.2M | - | - | - | 15.39 |
| 2023 | $6.6B | $24,786 | 4.9% | 2.6% | 4.0% | 397.0K | - | 122.4% | -21.2% | $766.8M | 81.0 | 9.3% | 84.7% | 15.39 |
| 2022 | $6.2B | $22,881 | 13.8% | 2.6% | 4.3% | 391.0K | - | 111.6% | -16.3% | $731.7M | 80.8 | 7.5% | 83.9% | 15.39 |
| 2021 | $5.2B | $19,053 | 37.5% | 0.2% | 5.0% | 384.0K | - | 123.4% | -8.7% | $642.8M | 78.1 | 8.9% | 82.0% | 15.37 |
| 2020 | $3.7B | $13,425 | -32.9% | -1.6% | 5.4% | 378.0K | - | 155.7% | -35.1% | $440.7M | 78.7 | 11.4% | 79.1% | 15.38 |
| 2019 | $5.7B | $23,077 | 7.3% | 1.3% | 4.6% | 372.0K | 29.3 | 77.2% | -26.1% | $961.0M | 79.7 | 7.5% | 77.5% | 15.38 |
| 2018 | $5.4B | $21,899 | 8.7% | 1.4% | 5.0% | 366.0K | - | 70.7% | -27.8% | $575.7M | 79.4 | 7.3% | 70.9% | 15.39 |
| 2017 | $4.8B | $19,768 | 7.1% | 2.3% | 5.4% | 360.0K | - | 63.8% | -20.7% | $457.8M | 79.2 | 9.2% | 65.0% | 15.39 |
| 2016 | $4.4B | $18,770 | 6.6% | 0.8% | 5.8% | 354.0K | 31.3 | 61.9% | -23.5% | $456.6M | 78.9 | 10.2% | 59.5% | 15.37 |
| 2015 | $4.1B | $17,875 | 4.0% | 1.4% | 6.6% | 348.0K | - | 54.8% | -7.5% | $298.0M | 78.6 | 8.7% | 54.5% | 15.37 |
| 2014 | $3.7B | $16,723 | 7.8% | 2.4% | 7.5% | 342.0K | - | 55.1% | -3.7% | $333.4M | 78.2 | 7.9% | 49.3% | 15.38 |
| 2013 | $3.3B | $15,264 | 7.0% | 4.0% | 8.3% | 336.0K | - | 55.9% | -4.3% | $360.8M | 77.9 | 8.2% | 44.1% | 15.37 |
| 2012 | $2.9B | $13,989 | 2.4% | 10.9% | 9.1% | 331.0K | - | 57.1% | -6.6% | $228.0M | 77.5 | 8.7% | 38.9% | 15.36 |
| 2011 | $2.6B | $13,726 | 8.6% | 11.3% | 10.0% | 325.0K | - | 51.9% | -14.8% | $423.5M | 77.1 | 7.9% | 34.0% | 14.60 |
| 2010 | $2.6B | $12,797 | 6.8% | 6.1% | 10.9% | 320.0K | - | 52.7% | -7.3% | $216.5M | 76.8 | 8.5% | 26.5% | 12.80 |
| 2009 | $2.3B | $12,266 | -8.2% | 4.5% | 11.7% | 315.0K | 38.4 | 48.4% | -9.6% | $158.0M | 76.4 | 10.1% | 24.8% | 12.80 |
| 2008 | $2.3B | $13,779 | 9.0% | 12.0% | 10.4% | 310.0K | - | 39.0% | -26.9% | $181.3M | 76.0 | 11.5% | 23.2% | 12.80 |
| 2007 | $1.9B | $12,852 | 7.1% | 6.8% | 9.4% | 305.0K | - | 35.8% | -14.2% | $132.4M | 75.7 | 8.3% | 16.3% | 12.80 |
| 2006 | $1.6B | $12,075 | 23.6% | 3.5% | 8.4% | 299.0K | - | 36.8% | -19.2% | $63.8M | 75.3 | 8.1% | 11.0% | 12.80 |
| 2005 | $1.2B | $9,704 | -11.2% | 2.5% | 7.3% | 294.0K | - | 43.2% | -23.5% | $53.0M | 74.8 | 8.8% | 6.9% | 12.80 |
π§ CONTINUE EXPLORING MALDIVES