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Economy of the Maldives

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Overview Economy Population Trade Government Finance Society Environment

GDP Composition by Industry

34.2% 9.6% 40.9%
  • Agriculture, forestry & fishing: 4.5%
  • Mining, manufacturing & utilities: 4.4%
  • Construction: 6.4%
  • Trade, restaurants & hotels: 34.2%
  • Transport & communication: 9.6%
  • Finance, real estate & other services: 40.9%
Show table
Agriculture, forestry & fishing
4.5%
Mining, manufacturing & utilities
4.4%
Construction
6.4%
Trade, restaurants & hotels
34.2%
Transport & communication
9.6%
Finance, real estate & other services
40.9%

Share of total gross value added by industry.
Source: UN National Accounts, 2024.

GDP

GDP (USD) 8.13B #153 / 190 2026
GDP (Local currency - MVR) 125B - 2026
Real GDP (Local currency - MVR) 108B - 2026
PPP GDP (Int$) 15.8B #156 / 191 2026
GNI (USD) 6.29B #163 / 210 2024

GDP per Capita

GDP per Capita (USD) 19,464 #65 / 190 2026
GDP per Capita (Local currency - MVR) 299,938 - 2026
Real GDP per Capita (Local currency - MVR) 259,558 - 2026
PPP GDP per Capita (Int$) 37,826 #63 / 191 2026
GNI per Capita (USD) 11,912 #91 / 210 2024

Economic Growth

GDP Growth 3% #90 / 191 2026

Prices and Inflation

Inflation Rate 3% #118 / 191 2026

Labor Market

Unemployment Rate No data - -

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