GDP growth (annual %) (UNESCO Institute) in Maldives

Maldives: GDP growth (annual %) (UNESCO Institute) was 5.1% in 2024. ◆ Volatile

Latest (2024)
5.1%
Change on year
up 8.6%
World rank
36th
of 212 countries
All-time high
37.5%
in 2021
All-time low
-32.9%
in 2020
Years of data
54
1971–2024

GDP growth in Maldives, 1971–2024

-40-2002040197119972024

Source: UNESCO Institute for Statistics. Measured in annual %.

Analysis

The most recent figure for gdp growth in Maldives is 5.1%, measured in 2024.

The figure is up 8.6% on the previous year and down 34.7% over ten years.

Over the whole period, gdp growth in Maldives peaked at 37.5% in 2021 and was at its lowest, -32.9%, in 2020.

Maldives ranks 36th of 212 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

GDP growth (annual %) (UNESCO Institute) in Maldives, year by year

Annual values for GDP growth (annual %) in Maldives, 1971 to 2024.
Year annual % Change
1971 5.2% —
1972 2.4% -53.4%
1973 1.6% -34.9%
1974 5.7% +263.0%
1975 -8.0% -239.5%
1976 0.6% -107.5%
1977 11.3% +1779.1%
1978 14.7% +30.5%
1979 10.7% -27.4%
1980 18.6% +74.2%
1981 11.8% -36.7%
1982 -3.0% -125.6%
1983 16.3% -639.7%
1984 27.0% +65.8%
1985 15.4% -42.8%
1986 9.4% -39.3%
1987 8.8% -5.7%
1988 8.7% -1.1%
1989 9.3% +6.8%
1990 17.0% +81.8%
1991 1.4% -91.5%
1992 6.7% +362.4%
1993 5.6% -16.7%
1994 7.7% +39.5%
1995 13.0% +67.6%
1996 7.9% -39.5%
1997 8.4% +6.9%
1998 7.5% -10.8%
1999 6.2% -17.6%
2000 3.8% -37.7%
2001 -3.9% -202.5%
2002 7.3% -284.3%
2003 13.8% +89.2%
2004 5.9% -56.9%
2005 -11.2% -288.6%
2006 23.6% -311.4%
2007 7.1% -69.8%
2008 9.0% +25.8%
2009 -8.3% -192.9%
2010 6.8% -181.4%
2011 8.8% +30.3%
2012 2.4% -73.0%
2013 7.0% +191.9%
2014 7.9% +12.7%
2015 3.9% -50.8%
2016 6.4% +64.8%
2017 7.1% +11.0%
2018 8.6% +21.1%
2019 6.9% -19.2%
2020 -32.9% -575.4%
2021 37.5% -214.0%
2022 13.8% -63.1%
2023 4.7% -65.8%
2024 5.1% +8.6%

Maldives compared with similar countries

  • Maldives's 5.1% is above the median for upper middle income countries, which is 3.3%, 1.5× the median. (58 countries reporting)
  • Maldives's 5.1% is above the median for South Asia, which is 4.9%, 1.0× the median. (6 countries reporting)

Biggest year-on-year movements

Years where GDP growth (annual %) (UNESCO Institute) in Maldives changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1977 +1779.1% 0.6% 11.3%
1983 +639.7% -3.0% 16.3%
2020 -575.4% 6.9% -32.9%

Averages by decade

DecadeAverage LowestHighest Years
1970s 4.9% -8.0% 14.7% 9
1980s 12.2% -3.0% 27.0% 10
1990s 8.1% 1.4% 17.0% 10
2000s 4.7% -11.2% 23.6% 10
2010s 6.6% 2.4% 8.8% 10
2020s 5.7% -32.9% 37.5% 5

Countries ranked near Maldives

  1. 33 Togo 5.3% compare
  2. 34 Kiribati 5.3% compare
  3. 35 Mauritania 5.2% compare
  4. 37 Malaysia 5.1% compare
  5. 38 Guam 5.1% compare
  6. 39 Monaco 5.0% compare

See the full ranking of 212 places →

More population data for Maldives

All data for Maldives →

Frequently asked questions

What is gdp growth in Maldives?
Gdp growth in Maldives was 5.1% in 2024, according to UNESCO Institute for Statistics.
What is the highest gdp growth recorded in Maldives?
The highest recorded value was 37.5% in 2021.
What is the lowest gdp growth recorded in Maldives?
The lowest recorded value was -32.9% in 2020.
How does Maldives rank for gdp growth?
Maldives ranks 36th out of 212 countries with data for 2024.
Is gdp growth rising or falling in Maldives?
Over the last ten years it is down 34.7%. The long-run trend across the full record is volatile.
Where does this Maldives data come from?
The figures come from UNESCO Institute for Statistics, published as part of GDP growth (annual %). Statizoid updates them automatically from the source API.

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GDP growth in Maldives. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 11 November 2026, from https://population.statizoid.com/stat/gdp-growth-annual-percent-3/maldives/

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About this data

Indicator
GDP growth (annual %)
Unit
annual %
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
212 places, 10,140 data points, 1970–2024
Last refreshed

February 2026 Data Release