Maldives—Household Consumption (% of GDP)
Maldives's household consumption (% of gdp) was 51.8% in 2024, ranking #134 out of 177 countries. This represents a +1.2% change from 2023. Over the past 11 years, the highest recorded value was 59.4% (2020) and the lowest was 36.7% (2014). Data sourced from the World Bank World Development Indicators.
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | 51.8% | +1.2% |
| 2023 | 51.2% | +9.6% |
| 2022 | 46.7% | +0.3% |
| 2021 | 46.5% | -21.6% |
| 2020 | 59.4% | +28.1% |
| 2019 | 46.4% | +0.5% |
| 2018 | 46.1% | -0.6% |
| 2017 | 46.4% | +6.2% |
| 2016 | 43.7% | +7.0% |
| 2015 | 40.9% | +11.3% |
| 2014 | 36.7% |
Top Countries — Household Consumption (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Lebanon | 136.0% | 2023 |
| 2 | Somalia, Fed. Rep. | 133.4% | 2024 |
| 3 | Syrian Arab Republic | 114.8% | 2022 |
| 4 | Kiribati | 113.3% | 2023 |
| 5 | Comoros | 103.6% | 2024 |
| 6 | Tonga | 99.8% | 2023 |
| 7 | Haiti | 99.8% | 2024 |
| 8 | Afghanistan | 98.1% | 2023 |
| 9 | Central African Republic | 97.9% | 2024 |
| 10 | West Bank and Gaza | 95.5% | 2024 |
About This Indicator
Definition
This field includes expenditure on goods and services by the Household and NPISH sector for the direct satisfaction of human needs or wants, whether individual or collective. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Methodology
Data compiled by Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB).