The Gross Domestic Product (GDP) in Maldives expanded 10.50 percent in the third quarter of 2022, compared to a 27 percent expansion in the previous three-month period and marking its weakest growth since the first quarter of 2021. source: Maldives Monetary Authority

GDP Annual Growth Rate in Maldives averaged 7.50 percent from 1997 until 2022, reaching an all time high of 83.30 percent in the third quarter of 2021 and a record low of -52.20 percent in the second quarter of 2020. 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 February of 2023.

GDP Annual Growth Rate in Maldives is expected to be 15.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Maldives GDP Annual Growth Rate



Related Last Previous Unit Reference
GDP Annual Growth Rate 10.50 27.00 percent Sep 2022
GDP from Utilities 1659.00 1396.00 MVR Million Dec 2021
GDP from Transport 3437.50 2308.90 MVR Million Dec 2021
GDP from Services 55967.00 38113.20 MVR Million Dec 2021
GDP from Public Administration 6642.50 6630.90 MVR Million Dec 2021
GDP from Manufacturing 1527.00 1342.00 MVR Million Dec 2021
GDP from Construction 3267.70 3437.50 MVR Million Dec 2021
GDP from Agriculture 3406.50 3428.30 MVR Million Dec 2021
GDP Constant Prices 67484.10 54540.60 MVR Million Dec 2021

Maldives GDP Annual Growth Rate
Maldives is a small island nation, having 90 percent of its territory covered in water. Tourism, fishing and shipping are the most important sectors of the economy. Tourism accounts for more than 30 percent of GDP and over 60 percent of foreign currency earnings. Yet, fishing is the country’s largest employer. The government controls a large part of the economy and 90 percent of its revenue comes from tourism and trade tariffs. Following the ousting of President Nasheed, foreign direct investment has declined due to uncertainty surrounding the country’s political future.
Actual Previous Highest Lowest Dates Unit Frequency
10.50 27.00 83.30 -52.20 1997 - 2022 percent Quarterly