Maldives
MDVSouth AsiaUpper middle incomeCapital: MaleEconomy
Fiscal
People
Health
Education
Trade
Energy / Env
Tech
Governance
Equality
Infra
Labor
67/80 indicators · percentile vs world (IMF / WB / WHO)underover
GDP
$9
2027▲ 6.2%
Population
527,799
2024▲ 0.3%
GDP per Capita
$20,551
2027▲ 4.4%
Life Expectancy
81.0 years
2023▲ 0.3%
Maldives in world space2000–2023
192 countries · log scale on X world Maldives· trajectory line: 1980 → today
▶About Maldives
Maldives's GDP is $8.22B (2026), with a population of 527,799, and GDP per capita of $19,682. Key indicators include real GDP growth of 4.5%, inflation at 2.5%, government debt at 135.9% of GDP, life expectancy of 81.0 years. Data sourced from the IMF World Economic Outlook and World Bank World Development Indicators.
The economy is characterized by a strong reliance on tourism and fishing, with a projected GDP of $8.221 billion in 2026. The GDP growth rate is expected to be 4.5% in the same year, with a GDP per capita of $19,682.118. The inflation rate is projected to be 2.5% in 2026. Trade is a significant component of the economy, with trade to GDP ratio at 156.47% in 2024. The unemployment rate is projected to be 4.514% in 2025. Society benefits from a high life expectancy of 81.041 years as of 2023. The population is relatively small, estimated at 527,799 in 2024. The capital, Male, is the most populous city and the political and economic hub. The country is classified as upper middle income, reflecting its economic progress and development.
▶Economy30 indicators · 2021–2027 · IMF / WB
▶Fiscal & Monetary20 indicators · 2021–2027 · IMF / WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Inflation, Consumer Prices (%) | 2.0% | 2027 | ▼ 20.0% | IMF |
| Govt Gross Debt (% of GDP) | 140.3% | 2027 | ▲ 3.2% | IMF |
| Fiscal Balance (% of GDP) | -12.4% | 2027 | ▲ 3.9% | IMF |
| Current Account Balance (% of GDP) | -11.0% | 2027 | ▲ 1.8% | IMF |
| Inflation, CPI (%, World Bank) | 1.4% | 2024 | ▼ 52.2% | WB |
| Real Interest Rate (%) | 8.2% | 2024 | ▼ 11.9% | WB |
| Lending Interest Rate (%) | 11.6% | 2024 | ▼ 1.1% | WB |
| Deposit Interest Rate (%) | 3.7% | 2024 | ▼ 6.9% | WB |
| Government Revenue (% of GDP) | 24.8% | 2021 | ▲ 0.3% | WB |
| Government Expenditure (% of GDP) | 29.5% | 2021 | ▼ 16.6% | WB |
| Tax Revenue (% of GDP) | 19.5% | 2021 | ▼ 3.3% | WB |
| Taxes on Goods & Services (% of revenue) | 42.3% | 2021 | ▲ 28.5% | WB |
| Taxes on International Trade (% of revenue) | 17.7% | 2021 | ▼ 5.6% | WB |
| Taxes on Income, Profits & Capital Gains (% of rev) | 12.7% | 2021 | ▼ 47.4% | WB |
| Net Investment in Nonfinancial Assets (% of GDP) | 7.4% | 2021 | ▼ 18.2% | WB |
| Total Reserves incl. Gold (USD) | $673.9M | 2024 | ▲ 14.1% | WB |
| Total Reserves (months of imports) | 1.3 | 2024 | ▲ 6.6% | WB |
| Official Exchange Rate (per USD) | 15.39 | 2024 | ▲ 0.0% | WB |
| PPP Conversion Factor | 7.86 | 2024 | ▲ 0.6% | WB |
| Broad Money (% of GDP) | 54.5% | 2024 | ▼ 6.3% | WB |
▶Trade14 indicators · 2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Trade (% of GDP) | 156.5% | 2024 | ▲ 4.8% | WB |
| Exports of Goods & Services (% of GDP) | 78.2% | 2024 | ▲ 5.6% | WB |
| Imports of Goods & Services (% of GDP) | 78.3% | 2024 | ▲ 3.9% | WB |
| Exports of Goods & Services (USD) | $5.52B | 2024 | ▲ 12.7% | WB |
| Imports of Goods & Services (USD) | $5.53B | 2024 | ▲ 10.8% | WB |
| Merchandise Exports (USD) | $383.0M | 2024 | ▼ 9.0% | WB |
| Merchandise Imports (USD) | $3.64B | 2024 | ▲ 4.0% | WB |
| FDI Inflows (% of GDP) | 11.4% | 2024 | ▼ 1.4% | WB |
| FDI Net Inflows (USD) | $806.2M | 2024 | ▲ 5.1% | WB |
| Personal Remittances Received (USD) | $5.7M | 2024 | ▲ 5.0% | WB |
| Personal Remittances Received (% of GDP) | 0.1% | 2024 | ▼ 1.6% | WB |
| High-Tech Exports (% of manufactured) | 0.0% | 2024 | ▼ 98.8% | WB |
| Current Account Balance (% of GDP) | -18.7% | 2024 | ▲ 11.6% | WB |
| Current Account Balance (USD) | $-1.32B | 2024 | ▲ 5.8% | WB |
▶External Debt7 indicators · 2023–2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| External Debt (% of GNI) | 75.6% | 2024 | ▲ 10.2% | WB |
| External Debt Stocks (USD) | $4.69B | 2024 | ▲ 17.3% | WB |
| Total Debt Service (% of GNI) | 7.9% | 2024 | ▼ 6.8% | WB |
| Present Value of External Debt (USD) | $3.72B | 2024 | — | WB |
| Use of IMF Credit (USD) | $64.2M | 2024 | ▼ 2.8% | WB |
| Net ODA Received (% of GNI) | 3.4% | 2023 | ▲ 55.4% | WB |
| Net ODA Received (USD) | $200.5M | 2023 | ▲ 66.7% | WB |
▶Finance7 indicators · 2017–2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Domestic Credit by Financial Sector (% of GDP) | 98.1% | 2024 | ▲ 0.1% | WB |
| Domestic Credit to Private Sector (% of GDP) | 35.7% | 2024 | ▼ 0.4% | WB |
| Bank Capital to Assets Ratio (%) | 19.1% | 2023 | ▲ 6.5% | WB |
| Bank Nonperforming Loans (%) | 8.3% | 2023 | ▼ 11.3% | WB |
| Account Ownership at Financial Institution (%) | 79.5% | 2017 | — | WB |
| Account Ownership, Female (%) | 74.2% | 2017 | — | WB |
| Account Ownership, Male (%) | 85.5% | 2017 | — | WB |
▶People23 indicators · 2023–2025 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Population | 527,799 | 2024 | ▲ 0.3% | WB |
| Population Growth (%) | 0.3% | 2024 | ▼ 4.7% | WB |
| Population Density (per km²) | 1,765 | 2023 | ▲ 1.0% | WB |
| Surface Area (sq km) | 300 | 2023 | ▲ 0.0% | WB |
| Land Area (sq km) | 298 | 2023 | ▼ 0.7% | WB |
| Urban Population (%) | 42.0% | 2024 | ▲ 1.2% | WB |
| Urban Population (total) | 221,666 | 2024 | ▲ 1.5% | WB |
| Rural Population (%) | 58.0% | 2024 | ▼ 0.8% | WB |
| Life Expectancy at Birth | 81.0 years | 2023 | ▲ 0.3% | WB |
| Life Expectancy, Male | 79.7 years | 2023 | ▲ 0.3% | WB |
| Life Expectancy, Female | 82.8 years | 2023 | ▲ 0.3% | WB |
| Fertility Rate (births per woman) | 1.6 | 2023 | ▼ 0.5% | WB |
| Birth Rate (per 1,000) | 11 | 2023 | ▼ 3.3% | WB |
| Death Rate (per 1,000) | 2.3 | 2023 | ▲ 0.4% | WB |
| Net Migration | -2,283 | 2025 | ▲ 5.7% | WB |
| Population Ages 0–14 (%) | 19.6% | 2024 | ▼ 2.3% | WB |
| Population Ages 15–64 (%) | 75.8% | 2024 | ▲ 0.2% | WB |
| Population Ages 65+ (%) | 4.6% | 2024 | ▲ 6.8% | WB |
| Age Dependency Ratio (%) | 32.0% | 2024 | ▼ 0.9% | WB |
| Old-Age Dependency Ratio (%) | 6.1% | 2024 | ▲ 6.6% | WB |
| Youth Dependency Ratio (%) | 25.9% | 2024 | ▼ 2.5% | WB |
| Mortality Rate, Adult Male (per 1,000) | 44.2 | 2023 | ▼ 5.4% | WB |
| Mortality Rate, Adult Female (per 1,000) | 28.9 | 2023 | ▼ 5.3% | WB |
▶Labor18 indicators · 2019–2025 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Total Labor Force | 272,320 | 2025 | ▲ 1.5% | WB |
| Labor Force Participation (%) | 63.5% | 2025 | ▲ 0.5% | WB |
| Female Labor Force Participation (%) | 40.7% | 2025 | ▲ 0.7% | WB |
| Male Labor Force Participation (%) | 76.4% | 2025 | ▲ 0.6% | WB |
| Unemployment (%) | 4.5% | 2025 | ▲ 5.5% | WB |
| Female Unemployment (%) | 4.1% | 2025 | ▲ 12.1% | WB |
| Male Unemployment (%) | 4.6% | 2025 | ▲ 4.0% | WB |
| Youth Unemployment (%) | 15.7% | 2025 | ▲ 6.0% | WB |
| Employment in Agriculture (%) | 11.3% | 2025 | ▼ 2.8% | WB |
| Employment in Industry (%) | 16.9% | 2025 | ▼ 0.0% | WB |
| Employment in Services (%) | 71.8% | 2025 | ▲ 0.5% | WB |
| Vulnerable Employment (%) | 16.9% | 2025 | ▼ 1.7% | WB |
| Wage & Salaried Workers (% of total) | 80.0% | 2025 | ▲ 0.4% | WB |
| Employers (% of total employment) | 3.1% | 2025 | ▲ 0.3% | WB |
| Labor Force, Female (% of total) | 23.2% | 2025 | ▲ 1.0% | WB |
| Employment to Population Ratio (%) | 60.6% | 2025 | ▲ 0.2% | WB |
| Self-Employed (% of total) | 20.0% | 2025 | ▼ 1.4% | WB |
| NEET Youth (% not in education/employment) | 26.3% | 2019 | — | WB |
▶Education16 indicators · 2016–2025 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Education Spending (% of GDP) | 5.2% | 2023 | ▲ 10.6% | WB |
| Education Spending (% of govt expenditure) | 9.6% | 2025 | ▼ 10.0% | WB |
| Primary School Enrollment (%) | 99.7% | 2024 | ▼ 0.8% | WB |
| Secondary School Enrollment (%) | 79.4% | 2023 | ▲ 7.9% | WB |
| Tertiary School Enrollment (%) | 48.5% | 2022 | ▲ 103.8% | WB |
| Primary Completion Rate (%) | 93.8% | 2024 | ▼ 0.9% | WB |
| Lower Secondary Completion Rate (%) | 94.6% | 2024 | ▼ 5.8% | WB |
| Out-of-School Children, Primary | 418 | 2024 | ▼ 86.5% | WB |
| Out-of-School Girls, Primary | 380 | 2023 | ▲ 128.9% | WB |
| Primary School Teachers | 4,691 | 2024 | ▲ 0.4% | WB |
| Secondary School Teachers | 3,474 | 2022 | — | WB |
| Pupil-Teacher Ratio, Primary | 10 | 2017 | — | WB |
| Expenditure per Student, Primary (% of GDP/cap) | 36.4% | 2016 | — | WB |
| Pupil-Teacher Ratio (Primary) | 91.9 | 2023 | — | WB |
| Education Spending, Secondary (% of govt) | 21.6% | 2016 | — | WB |
| Education Spending, Tertiary (% of govt) | 20.6% | 2016 | — | WB |
▶Health37 indicators · 2017–2024 · WHO
▶Energy & Environment14 indicators · 2020–2024 · WB / WHO
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| CO₂ Emissions (tonnes per capita) | 3.6 | 2024 | ▲ 4.6% | WB |
| CO₂ Emissions (total kilotonnes) | 2 | 2024 | ▲ 4.9% | WB |
| Renewable Electricity Output (%) | 5.8% | 2021 | ▲ 4.2% | WB |
| Renewable Energy Consumption (%) | 1.2% | 2022 | ▼ 14.3% | WB |
| Access to Electricity (%) | 100.0% | 2023 | ▲ 0.0% | WB |
| Access to Clean Fuels for Cooking (%) | 99.8% | 2023 | ▲ 0.0% | WB |
| PM2.5 Air Pollution (µg/m³) | 12 | 2020 | — | WB |
| Forest Area (%) | 2.8% | 2023 | ▲ 0.7% | WB |
| Forest Area (sq km) | 8 | 2023 | ▲ 0.0% | WB |
| Arable Land (%) | 13.4% | 2023 | ▲ 3.3% | WB |
| Terrestrial Protected Areas (%) | 0.1% | 2024 | ▲ 0.0% | WB |
| Marine Protected Areas (%) | 0.1% | 2024 | ▲ 0.0% | WB |
| Access to Basic Drinking Water (%) | 99.8% | 2024 | ▲ 0.0% | WHO |
| Access to Basic Sanitation (%) | 99.7% | 2024 | ▲ 0.4% | WHO |
▶Agriculture10 indicators · 2022–2023 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Agricultural Land (%) | 19.8% | 2023 | ▲ 0.7% | WB |
| Cereal Yield (kg per hectare) | 2,444 | 2023 | ▲ 0.1% | WB |
| Food Production Index (2014–2016=100) | 94.5 | 2022 | ▼ 0.4% | WB |
| Crop Production Index (2014–2016=100) | 93.7 | 2022 | ▼ 0.4% | WB |
| Livestock Production Index (2014–2016=100) | 99.5 | 2022 | ▲ 0.1% | WB |
| Land Under Cereal Production (hectares) | 84 | 2023 | ▲ 0.0% | WB |
| Total Fisheries Production (metric tonnes) | 160,683 | 2023 | ▲ 3.5% | WB |
| Fertilizer Consumption (kg per hectare) | 92.8 | 2023 | ▲ 41.3% | WB |
| Annual Freshwater Withdrawals (% of internal) | 15.7% | 2022 | ▲ 0.0% | WB |
| Cereal Production (metric tons) | 205 | 2023 | ▲ 0.2% | WB |
▶Technology8 indicators · 2022–2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Internet Users (%) | 84.7% | 2023 | ▲ 0.9% | WB |
| Mobile Subscriptions (per 100 people) | 142 | 2023 | ▲ 3.8% | WB |
| Fixed Broadband Subscriptions (per 100) | 18.7 | 2023 | ▲ 7.6% | WB |
| Secure Internet Servers (per million) | 1,330.1 | 2024 | ▲ 7.5% | WB |
| Scientific Journal Articles | 36 | 2022 | ▲ 42.0% | WB |
| High-Technology Exports (USD) | $26 | 2024 | ▼ 96.0% | WB |
| ICT Service Exports (% of service exports) | 0.9% | 2024 | ▼ 4.7% | WB |
| ICT Service Exports (USD) | $46.9M | 2024 | ▲ 7.5% | WB |
▶Infrastructure6 indicators · 2018–2023 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Air Transport, Passengers Carried | 1.4M | 2023 | ▼ 6.7% | WB |
| Air Transport, Freight (million ton-km) | 29.5 | 2023 | ▲ 6.7% | WB |
| Container Port Traffic (TEU) | 107,728 | 2019 | — | WB |
| Logistics Performance Index (1–5) | 2.67 | 2018 | — | WB |
| Electricity from Oil (%) | 94.2% | 2021 | ▼ 0.3% | WB |
| Electricity from Nuclear (%) | 0.0% | 2021 | — | WB |
▶Gender7 indicators · 2017–2025 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Women in Parliament (%) | 3.2% | 2024 | ▼ 29.8% | WB |
| Female Wage & Salaried Workers (%) | 68.5% | 2025 | ▲ 0.5% | WB |
| Girls Out-of-School Rate (%) | 98.6% | 2017 | — | WB |
| Adolescent Fertility Rate (per 1,000) | 5.4 | 2023 | ▼ 3.9% | WB |
| Gender Parity Index, Primary | 97.19 | 2017 | — | WB |
| Gender Parity Index, Secondary | 0.93 | 2019 | — | WB |
| Gender Parity in Primary Education | 1.00 | 2020 | — | WB |
▶Governance10 indicators · 2023 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Control of Corruption | -0.4 | 2023 | ▼ 19.3% | WB |
| Government Effectiveness | -0.13 | 2023 | ▼ 19.0% | WB |
| Political Stability | 0.53 | 2023 | ▼ 17.8% | WB |
| Regulatory Quality | -0.67 | 2023 | ▼ 2.2% | WB |
| Rule of Law | -0.08 | 2023 | ▼ 277.6% | WB |
| Voice & Accountability | -0.14 | 2023 | ▲ 32.9% | WB |
| Control of Corruption (percentile rank) | 39.6% | 2023 | ▼ 8.7% | WB |
| Government Effectiveness (percentile rank) | 45.3% | 2023 | ▼ 5.0% | WB |
| Rule of Law (percentile rank) | 50.9% | 2023 | ▼ 6.1% | WB |
| Political Stability (percentile rank) | 62.6% | 2023 | ▼ 7.9% | WB |
▶Military1 indicator · 2019 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Intentional Homicides (per 100,000) | 0.6 | 2019 | — | WB |
▶Poverty & Inequality1 indicator · 2019 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Poverty at $3.65/day (%) | 0.0% | 2019 | — | WB |
▶Social Protection3 indicators · 2019
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Social Insurance Coverage (%) | 4.9% | 2019 | — | — |
| Social Assistance Coverage (%) | 25.5% | 2019 | — | — |
| Social Protection Coverage (%) | 28.6% | 2019 | — | — |
▶Tourism5 indicators · 2020 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| International Tourism, Arrivals | 555,000 | 2020 | — | WB |
| Tourism Receipts (USD) | $1.41B | 2020 | — | WB |
| Tourism Expenditures (USD) | $106.0M | 2020 | — | WB |
| Tourism Receipts (% of total exports) | 78.9% | 2020 | ▼ 6.9% | WB |
| International Tourism, Transport Services (USD) | $11.0M | 2020 | ▼ 21.4% | WB |
▶Urban Development3 indicators · 2022–2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Urban Population Growth (%) | 1.5% | 2024 | ▲ 5.2% | WB |
| Population in Slums (% of urban) | 34.8% | 2022 | ▲ 0.0% | WB |
| Rural Population Growth (%) | -0.5% | 2024 | ▼ 24.4% | WB |
