The Gross Domestic Product (GDP) in Maldives contracted 5.90 percent in the first quarter of 2020 over the same quarter of the previous year.
GDP Annual Growth Rate in Maldives averaged 6.13 percent from 1997 until 2020, reaching an all time high of 19.60 percent in the fourth quarter of 2006 and a record low of -8.70 percent in the fourth quarter of 2005. This page provides - Maldives GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Maldives GDP Annual Growth Rate - values, historical data and charts - was last updated on September of 2020.
GDP Annual Growth Rate in Maldives is expected to be -17.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Annual Growth Rate in Maldives to stand at 11.00 in 12 months time. In the long-term, the Maldives GDP Annual Growth Rate is projected to trend around 8.50 percent in 2021 and 5.30 percent in 2022, according to our econometric models.