Maldives Economic Statistics and Indicators

27, May 2012, CEST. Welcome to the Maldives economic statistics pages provided by the beta version of EconomyWatch.com's Econ Stats database.

Economic Indicators For: Maldives › Change country
National or Regional Currency: Rufiyaa, MVR
Year of data: 2010 › Change year
Number of Indicators Listed: 36
Full Dataset: From Year 1980 to 2016
Date of Last Update: 1st August 2011
Population: 394,999 (July 2011 est.)
Area: total: 298 sq km land: 298 sq km water: 0 sq km
Natural Resources: fish
Capital: name: Male geographic coordinates: 4 10 N, 73 30 E time difference: UTC+5 (10 hours ahead of Washington, DC during Standard Time)
Data Sources: IMF, World Bank, UN, OECD, CIA World Factbook, Internet World Statistics, The Heritage Foundation and Transparency International

Tourism and transportation are Maldives' largest industry. Over 90 per cent of government taxation revenue comes from import duties and tourism and transportation-related taxation. Fishing is the second leading sector. Agriculture, fisheries and farming and industrial manufacturing perpetuate to play a lesser role in its economy, constrained by the availability of cultivable land and the shortage of domestic workforce. Most staple food stuffs must be imported. Industry consists mainly of garment production, boat building and handicrafts.
More on the Maldives Economy
More on the Maldives Export, Import and Trade

Economic Indicator Listing
  For Maldives in year 2010 Indicator Value
GDP Growth (Constant Prices, National Currency) 7.969 %
GDP (Current Prices, National Currency)MVR 23.93 Billion.
GDP (Current Prices, US Dollars)US$ 1.87 Billion
GDP Deflator 121.172 (Index, Base Year as per country's accounts = 100)
GDP Per Capita (Constant Prices, National Currency)MVR 61,705.08 .
GDP Per Capita (Current Prices, National Currency)MVR 74,768.99 .
GDP Per Capita (Current Prices, US Dollars)US$ 5,841.33
GDP (PPP), US DollarsUS$ 2.734 Billion
GDP Per Capita (PPP), US DollarsUS$ 8,541.25
GDP Share of World Total (PPP) 0.004 %
Implied PPP Conversion Rate 8.754
Investment (% of GDP) 15 %
Gross National Savings (% of GDP) -11.909 %
Inflation, Average Consumer Prices (Indexed to Year 2000) 168.166 (Index, Base Year 2000 = 100)
Inflation (Average Consumer Price Change %) 5 %
Inflation, End of Year (Indexed to Year 2000) 171.685 (Index, Base Year 2000 = 100)
Inflation (End of Year Change %) 5 %
Import Volume of All Items Including Goods and Services (Percent Change) 2.546 %
Import Volumes of Goods Only (Percent Change) 4.45 %
Export Volume of All Items Including Goods and Services (Percent Change) 5.086 %
Export Volumes of Goods Only (Percent Change) 2.382 %
Value of Oil ImportsUS$ 0.27 Billions
Value of Oil ExportsUS$ 0 Billions
Population 0.32 Million
General government revenue (National Currency)MVR 6.095 Billions.
General government revenue (% of GDP) 25.471 %
General government total expenditure (National Currency)MVR 10.024 Billions.
General government total expenditure (% of GDP) 41.89 %
Total Government Net Lending/ Borrowing (National Currency)MVR -3.929 Billions.
Total Government Net Lending/ Borrowing (% of GDP) -16.419 %
General Government Balance (National Currency)MVR -3.464 Billion.
General Government Balance (% of GDP) -14.477 %
Total Government Gross Debt (National Currency)MVR 15.63 Billion.
Total Government Gross Debt (% of GDP) 65.316 %
Fiscal Year Gross Domestic Product, Current PricesMVR 23.93 Billions.
Current Account Balance (US Dollars)US$ -0.503 Billion
Current Account Balance (% GDP) -26.909 %
Economic Indicators for Maldives 2010

GDP (Constant Prices, National Currency) for Maldives in year 2010 is MVR 19.749 Billion. Real GDP is expressed in billions of national currency units; the base year is country-specific.

GDP Growth (Constant Prices, National Currency) for Maldives in year 2010 is 7.969 %. Annual percentages of constant price GDP are year-on-year changes; the base year is country-specific.

GDP (Current Prices, National Currency) for Maldives in year 2010 is MVR 23.93 Billion. GDP is expressed in billions of national currency units.

GDP (Current Prices, US Dollars) for Maldives in year 2010 is US$ 1.87 Billion. Values are based upon GDP in national currency and the exchange rate projections provided by country economists for the group of other emerging market and developing countries. Exchanges rates for advanced economies are established in the WEO assumptions.

GDP Deflator for Maldives in year 2010 is 121.172 (Index, Base Year as per country's accounts = 100). The GDP deflator is derived by dividing current price GDP by constant price GDP and is considered to be an alternate measure of inflation. Please note: Data are expressed in the base year of each country's national accounts.

GDP Per Capita (Constant Prices, National Currency) for Maldives in year 2010 is MVR 61,705.08 . GDP is expressed in constant national currency per person. Data are derived by dividing constant price GDP by total population.

GDP Per Capita (Current Prices, National Currency) for Maldives in year 2010 is MVR 74,768.99 . GDP is expressed in current national currency per person. Data are derived by dividing current price GDP by total population.

GDP Per Capita (Current Prices, US Dollars) for Maldives in year 2010 is US$ 5,841.33 . GDP is expressed in current U.S. dollars per person. Data are derived by first converting GDP in national currency to U.S. dollars and then dividing it by total population.

GDP (PPP), US Dollars for Maldives in year 2010 is US$ 2.734 Billion. Gross domestic product based on purchasing-power-parity (PPP) valuation of country GDP. These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites.

GDP Per Capita (PPP), US Dollars for Maldives in year 2010 is US$ 8,541.25 . Gross domestic product based on purchasing-power-parity (PPP) per capita GDP. These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites.

GDP Share of World Total (PPP) for Maldives in year 2010 is 0.004 %. Gross domestic product based on purchasing-power-parity (PPP) share of world total. These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites.

Implied PPP Conversion Rate for Maldives in year 2010 is 8.754 . These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites.

Investment (% of GDP) for Maldives in year 2010 is 15 %. Data are based on individual countries' national accounts statistics. For many countries, the estimates of national saving are built up from national accounts data on gross domestic investment and from balance of payments-based data on net foreign investment.

Gross National Savings (% of GDP) for Maldives in year 2010 is -11.909 %. Data are based on individual countries' national accounts statistics. For many countries, the estimates of national saving are built up from national accounts data on gross domestic investment and from balance of payments-based data on net foreign investment.

Inflation, Average Consumer Prices (Indexed to Year 2000) for Maldives in year 2010 is 168.166 (Index, Base Year 2000 = 100). Data for inflation are averages for the year, not end-of-period data. The index is based on 2000=100.

Inflation (Average Consumer Price Change %) for Maldives in year 2010 is 5 %. Data for inflation are averages for the year, not end-of-period data.

Inflation, End of Year (Indexed to Year 2000) for Maldives in year 2010 is 171.685 (Index, Base Year 2000 = 100). Data for inflation are end of the period, not annual average data. The index is based on 2000=100.

Inflation (End of Year Change %) for Maldives in year 2010 is 5 %. Data for inflation are end of the period, not annual average data.

Import Volume of All Items Including Goods and Services (Percent Change) for Maldives in year 2010 is 2.546 %.

Import Volumes of Goods Only (Percent Change) for Maldives in year 2010 is 4.45 %.

Export Volume of All Items Including Goods and Services (Percent Change) for Maldives in year 2010 is 5.086 %.

Export Volumes of Goods Only (Percent Change) for Maldives in year 2010 is 2.382 %.

Value of Oil Imports for Maldives in year 2010 is US$ 0.27 Billions. Value is equal to the price per unit of quantity of oil imports multiplied by the number of quantity units.

Value of Oil Exports for Maldives in year 2010 is US$ 0 Billions. Value is equal to the price per unit of quantity of oil exports multiplied by the number of quantity units.

Population for Maldives in year 2010 is 0.32 Million .

General government revenue (National Currency) for Maldives in year 2010 is MVR 6.095 Billions. Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities.

General government revenue (% of GDP) for Maldives in year 2010 is 25.471 %. Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities.

General government total expenditure (National Currency) for Maldives in year 2010 is MVR 10.024 Billions. Total expenditure consists of total expense and the net acquisition of nonfinancial assets. Note: Apart from being on an accrual basis, total expenditure differs from the GFSM 1986 definition of total expenditure in the sense that it also takes the disposals of nonfinancial assets into account.

General government total expenditure (% of GDP) for Maldives in year 2010 is 41.89 %. Total expenditure consists of total expense and the net acquisition of nonfinancial assets. Note: Apart from being on an accrual basis, total expenditure differs from the GFSM 1986 definition of total expenditure in the sense that it also takes the disposals of nonfinancial assets into account.

Total Government Net Lending/ Borrowing (National Currency) for Maldives in year 2010 is MVR -3.929 Billions. Net lending (+)/ borrowing (?) is calculated as revenue minus total expenditure. This is a core GFS balance that measures the extent to which general government is either putting financial resources at the disposal of other sectors in the economy and nonresidents (net lending), or utilizing the financial resources generated by other sectors and nonresidents (net borrowing). This balance may be viewed as an indicator of the financial impact of general government activity on the rest of the economy and nonresidents (GFSM 2001, paragraph 4.17). Note: Net lending (+)/borrowing (?) is also equal to net acquisition of financial assets minus net incurrence of liabilities.

Total Government Net Lending/ Borrowing (% of GDP) for Maldives in year 2010 is -16.419 %.

General Government Balance (National Currency) for Maldives in year 2010 is MVR -3.464 Billion. Primary net lending/borrowing is net lending (+)/borrowing (?) plus net interest payable/paid (interest expense minus interest revenue).

General Government Balance (% of GDP) for Maldives in year 2010 is -14.477 %. Primary net lending/borrowing is net lending (+)/borrowing (?) plus net interest payable/paid (interest expense minus interest revenue).

Total Government Gross Debt (National Currency) for Maldives in year 2010 is MVR 15.63 Billion. Gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. This includes debt liabilities in the form of SDRs, currency and deposits, debt securities, loans, insurance, pensions and standardized guarantee schemes, and other accounts payable. Thus, all liabilities in the GFSM 2001 system are debt, except for equity and investment fund shares and financial derivatives and employee stock options. Debt can be valued at current market, nominal, or face values (GFSM 2001, paragraph 7.110).

Total Government Gross Debt (% of GDP) for Maldives in year 2010 is 65.316 %. Gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. This includes debt liabilities in the form of SDRs, currency and deposits, debt securities, loans, insurance, pensions and standardized guarantee schemes, and other accounts payable. Thus, all liabilities in the GFSM 2001 system are debt, except for equity and investment fund shares and financial derivatives and employee stock options. Debt can be valued at current market, nominal, or face values (GFSM 2001, paragraph 7.110).

Fiscal Year Gross Domestic Product, Current Prices for Maldives in year 2010 is MVR 23.93 Billions. Gross domestic product corresponding to fiscal year is the country's GDP based on the same period during the year as their fiscal data. In the case of countries whose fiscal data are based on a fiscal calendar (e.g., July to June), this series would be the country's GDP over that same period. For countries whose fiscal data are based on a calendar year (i.e., January to December), this series will be the same as their GDP in current prices.

Current Account Balance (US Dollars) for Maldives in year 2010 is US$ -0.503 Billion. Current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income.

Current Account Balance (% GDP) for Maldives in year 2010 is -26.909 %. Current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income.

* Source: IMF
Aggregate Indicators for Maldives
Indicators
  Geography (Location, geographic coordinates, map references, area, terrain, elevation extremes, borders, coastline and maritime claims) for Maldives
  Climate and Environment (climate, environmental issues, environmental agreements, natural hazards) for Maldives
  Natural Resources, Agricultural Products, Land Use and Water Use for Maldives
  Telephone Statistics: Number of Fixed Lines, Mobile Phone Penetration Rate for Maldives
  Age Structure, Median Age, Gender and Urbanization for Maldives
  Population Growth Rate, Birth Rate, Death Rate, Net Migration Rate for Maldives
  Life Expectancy Rate, Infant Mortality Rate and Total Fertility Rate for Maldives
  HIV, AIDS and Other Major Infectious Disease Rates for Maldives
  Nationality, Ethnic Groups, Languages and Religions for Maldives
  Literacy Rate, Educational Expenditure and School Life Expectancy for Maldives
  Gross Domestic Product (PPP, Official Exchange Rate, Real Growth Rate and Per Capita) for Maldives
  Labor Force by Occupation for Maldives
  Poverty Line, Gini Index, Household Income and Consumption for Maldives
  National Budget and Public Debt for Maldives
  Bank Rates (Commercial Bank Prime Lending Rate, Central Bank Discount Rate) for Maldives
  Stock of Money, Stock of Quasi Money, Stock of Domestic Credit for Maldives
  Stock Market Capitalization: Market Value of Publicly Traded Shares for Maldives
  Industries and Industrial Growth Production Rate for Maldives
  Electricity Production, Electricity Consumption, Electricity Exports and Electricity Imports for Maldives
  Oil Production, Proven Oil Reserves, Oil Consumption, Oil Exports and Oil Imports for Maldives
  Natural Gas Production, Proven Natural Gas Reserves, Natural Gas Consumption, Natural Gas Exports and Natural Gas Imports for Maldives
  Trade Statistics, Export Statistics, Export Partners and Products, Import Statistics, Import Partners and Products for Maldives
  Foreign Exchange Reserves and Gold Reserves for Maldives
  FDI Statistics (Foreign Direct Investment at Home/ Inbound FDI, Foreign Direct Investment Abroad/ Outbound FDI) for Maldives
  Exchange Rate Statistics for Maldives
  Television and Radio Statistics (TV Stats, Radio Stats) for Maldives
  Internet Statistics (Internet Users, Internet Hosts, Country TLD) for Maldives
  Airport Statistics (Paved Runway Airports, Unpaved Runway Airports, Heliports) for Maldives
  Transport Statistics (Railways, Roadways, Waterways, Ports and Terminals, Airports, Merchant Marine) for Maldives
  Military Statistics (Military Expenditure, Military Branches, Service Age and Obligation, Manpower Available and Fit for Military Service) for Maldives
  Disputes, Refugees, Human Trafficking and Illicit Drug Production for Maldives
* Source: CIA
Internet Indicators for Maldives
Indicators
  Number of Internet Users for Maldives
  Internet Penetration Rate for Maldives
  Number of Facebook Accounts for Maldives
  Facebook Penetration Rate for Maldives
* Source: IWS
Economic Freedom Indicators for Maldives
Indicators
  Economic Freedom World Rank for Maldives
  Economic Freedom Regional Ranking for Maldives
  Business Freedom for Maldives
  Trade Freedom for Maldives
  Fiscal Freedom for Maldives
  Government Spending for Maldives
  Monetary Freedom for Maldives
  Investment Freedom for Maldives
  Financial Freedom for Maldives
  Property Rights for Maldives
  Freedom from Corruption for Maldives
  Labor Freedom for Maldives
  Tariff Rate for Maldives
  Income Tax Rate for Maldives
  Corporate Tax Rate for Maldives
  Tax Burden % of GDP for Maldives
  Government Expenditure % of GDP for Maldives
* Source: HFO
Corruption Perceptions Index Rank and Score for Maldives
Indicator
  Corruption Perceptions Index Rank and Score for Maldives
* Source: TIO
Maldives Economic Indicators in other Years
  Maldives Economic Indicators for Year 2016 (Forecast)
  Maldives Economic Indicators for Year 2015 (Forecast)
  Maldives Economic Indicators for Year 2014 (Forecast)
  Maldives Economic Indicators for Year 2013 (Forecast)
  Maldives Economic Indicators for Year 2012 (Forecast)
  Maldives Economic Indicators for Year 2011 (Forecast)
Maldives Economic Indicators for Year 2010 (Current)
  Maldives Economic Indicators for Year 2009
  Maldives Economic Indicators for Year 2008
  Maldives Economic Indicators for Year 2007
  Maldives Economic Indicators for Year 2006
  Maldives Economic Indicators for Year 2005
  Maldives Economic Indicators for Year 2004
  Maldives Economic Indicators for Year 2003
  Maldives Economic Indicators for Year 2002
  Maldives Economic Indicators for Year 2001
  Maldives Economic Indicators for Year 2000
  Maldives Economic Indicators for Year 1999
  Maldives Economic Indicators for Year 1998
  Maldives Economic Indicators for Year 1997
  Maldives Economic Indicators for Year 1996
  Maldives Economic Indicators for Year 1995
  Maldives Economic Indicators for Year 1994
  Maldives Economic Indicators for Year 1993
  Maldives Economic Indicators for Year 1992
  Maldives Economic Indicators for Year 1991
  Maldives Economic Indicators for Year 1990
  Maldives Economic Indicators for Year 1989
  Maldives Economic Indicators for Year 1988
  Maldives Economic Indicators for Year 1987
  Maldives Economic Indicators for Year 1986
  Maldives Economic Indicators for Year 1985
  Maldives Economic Indicators for Year 1984
  Maldives Economic Indicators for Year 1983
  Maldives Economic Indicators for Year 1982
  Maldives Economic Indicators for Year 1981
  Maldives Economic Indicators for Year 1980