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South Asia · Upper middle income

Maldives: the economy in numbers

Per person: $14,615, or $28,555 at purchasing power parity. Population: 529,676 (2025).

$7.74B+6.3%real GDP growth, 2025

GDP in 2025, current US dollars: #160 of 204 economies. IMF forecast for 2026: +1.0%.

GDP per capita
$14,615
2025 · #86 of 204
GDP per capita, PPP
$28,555
2025 · #83 of 197
Inflation
4.0%
2025 · IMF forecast 2026: 4.0%
Government debt
129.4%
2025 · % of GDP, general government
Population
530K
2025 · #171 of 217
Unemployment
4.5%
2025 · ILO estimate
Life expectancy
81.3 years
2024

GDP

Adjusted for US inflation, in 2025 dollars: $160 million in 1970, $7.74 billion in 2025.

Current US dollars; “In 2025 dollars” removes US inflationSource: World Bank, World Development Indicators (CC BY 4.0)

GDP per capita

In 2025 dollars: $1,302 per person in 1970, $14,615 in 2025.

GDP per capitaGDP per capita, PPP (international $)
PPP: purchasing power parity, international dollarsSource: World Bank, World Development Indicators (CC BY 4.0)

Real GDP growth

Average over 2016–2025: 4.8% a year. Years of falling GDP since 1971: 6 of 55.

Shaded: IMF forecasts from 2026Source: World Bank, World Development Indicators (CC BY 4.0)
Source: International Monetary Fund, World Economic Outlook (October 2026)

Inflation

Consumer prices rose 2.12 times from 2000 to 2025. Highest annual inflation: 27.9% in 1980.

Shaded: IMF forecasts from 2026Source: World Bank, World Development Indicators (CC BY 4.0)
Source: International Monetary Fund, World Economic Outlook (October 2026)

Government debt, % of GDP

Highest since 1997: 150.3% of GDP in 2020. IMF forecast for 2031: 130.6%.

General government (IMF)Central government only (World Bank)
Shaded: IMF forecasts from 2026Source: International Monetary Fund, World Economic Outlook (October 2026)
Source: World Bank, World Development Indicators (CC BY 4.0)

Population

1960: 91,189 · 2025: 529,676.

Source: World Bank, World Development Indicators (CC BY 4.0)

Unemployment rate

1991: 0.8% · 2025: 4.5%.

% of the labor force, ILO modeled estimatesSource: World Bank, World Development Indicators (CC BY 4.0)

Life expectancy at birth

1960: 38.2 years · 2024: 81.3 years.

Source: World Bank, World Development Indicators (CC BY 4.0)

Exports of goods and services

2014: 91.3% · 2024: 78.2%.

% of GDPSource: World Bank, World Development Indicators (CC BY 4.0)

Data by year

Show the year-by-year table
YearGDPGDP per capitaPer capita, PPPReal growthInflationGov. debt, % GDPPopulationUnemploymentLife expectancyExports, % GDP
20314.0%f2.0%f130.6%f
20304.0%f2.0%f130.5%f
20294.0%f2.0%f130.1%f
20283.9%f2.0%f130.1%f
20273.8%f2.5%f130.3%f
20261.0%f4.0%f130.7%f
2025$7.74B$14,615$28,5556.3%4.0%129.4%530K4.5%
2024$7.06B$13,379$26,2213.5%1.4%133.4%528K4.3%81.378.2%
2023$6.62B$12,588$24,8074.9%2.9%122.4%526K4.0%81.074.0%
2022$6.18B$11,786$22,87713.8%2.3%111.6%524K4.3%80.882.7%
2021$5.25B$10,176$19,05337.5%0.5%123.4%516K5.0%78.176.1%
2020$3.71B$7,394$13,425−32.9%−1.4%150.3%502K5.4%78.748.2%
2019$5.73B$11,740$23,0776.9%0.2%77.2%488K4.6%79.765.5%
2018$5.4B$11,423$21,8998.6%−0.1%70.7%473K5.0%79.466.4%
2017$4.82B$10,510$19,7687.1%2.8%63.8%458K5.4%79.269.1%
2016$4.41B$9,948$18,7706.4%0.5%62.0%443K5.8%78.971.6%
2015$4.13B$9,645$17,8753.9%1.0%55.0%428K6.6%78.676.4%
2014$3.7B$8,939$16,7237.9%2.1%55.1%414K7.5%78.291.3%
2013$3.3B$8,236$15,2647.0%3.8%55.9%400K8.3%77.8
2012$2.89B$7,461$13,9892.4%10.9%57.1%387K9.1%77.5
2011$2.77B$7,425$13,7268.8%11.3%51.9%374K10.0%77.1
2010$2.59B$7,174$12,7976.8%6.1%52.7%361K10.9%76.8
2009$2.35B$6,734$12,266−8.3%4.5%48.4%348K11.7%76.4
2008$2.27B$6,757$13,7799.0%12.0%39.0%336K10.4%76.0
2007$1.87B$5,758$12,8527.1%6.8%35.8%324K9.4%75.7
2006$1.58B$5,019$12,07523.6%2.7%36.8%314K8.3%75.3
2005$1.16B$3,797$9,704−11.2%1.3%43.2%306K7.3%74.8
2004$1.23B$4,070$10,7705.9%−1.7%34.7%301K6.2%73.0
2003$1.05B$3,549$10,06513.8%−1.3%37.6%296K5.1%73.3
2002$897M$3,076$8,8237.3%4.2%44.3%292K4.1%72.4
2001$870M$3,034$8,236−3.9%0.7%41.8%287K3.0%71.7
2000$624M$2,214$8,5263.8%−1.2%39.0%282K2.0%70.9
1999$589M$2,124$8,1626.2%3.0%38.9%277K1.7%70.2
1998$540M$1,980$7,7107.5%−1.4%39.3%273K1.5%69.3
1997$508M$1,898$7,2268.4%7.6%38.1%268K1.2%68.5
1996$450M$1,717$6,6877.9%6.2%262K1.0%67.7
1995$399M$1,555$6,22313.0%5.5%257K0.8%67.0
1994$356M$1,419$5,5207.7%3.4%251K0.8%66.2
1993$322M$1,317$5,1385.6%20.1%245K0.8%65.4
1992$285M$1,194$4,8816.7%16.9%239K0.8%64.7
1991$244M$1,054$4,6041.4%14.7%232K0.8%63.9
1990$215M$957$4,52817.0%3.6%225K63.1
1989$190M$8709.3%7.2%218K62.4
1988$169M$7998.7%6.5%211K61.6
1987$141M$6928.8%9.7%204K60.8
1986$142M$7209.4%9.7%197K60.0
1985$127M$66915.4%−9.2%190K59.2
1984$110M$59427.0%1.0%184K58.3
1983$57.8M$32316.3%9.9%179K57.5
1982$47.9M$275−3.0%−0.8%174K56.6
1981$44.8M$26411.8%11.1%170K55.7
1980$42.5M$25818.6%27.9%165K54.8
1979$38.5M$24010.7%160K53.9
1978$24.4M$15614.7%156K50.4
1977$20.9M$13711.3%152K51.8
1976$22.4M$1520.6%148K50.8
1975$24.5M$171−8.0%143K49.6
1974$39.1M$2815.7%139K48.5
1973$30.9M$2291.6%135K47.5
1972$25.2M$1922.4%131K46.4
1971$21.6M$1705.2%127K45.5
1970$19.3M$157123K44.5
1969120K43.7
1968116K42.9
1967113K42.1
1966109K41.4
1965104K40.8
1964101K40.2
196398.2K39.6
196295.8K39.1
196193.5K38.6
196091.2K38.2

e: IMF estimate; f: IMF forecast. Inflation: IMF data for 1980–1985, World Bank for the other years.

Nearby economies in South Asia

Nearest by distance between capitals, with GDP per capita.

Bangladesh · Bhutan · India · Maldives · Nepal · Sri Lanka

Rankings

Data and methods

Source: World Bank, World Development Indicators (CC BY 4.0)
Source: International Monetary Fund, World Economic Outlook (October 2026)