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Macro

Maldives

South Asia · Upper middle income · IMF WEO April 2026 · World Bank WDI

GDP▲ 8.7%
Current prices2025
8USD bn
GDP per capita▲ 6.9%
Current prices2025
18,658USD
Real GDP growth▲ 2.0 pp
Annual change2025
5.0%
Inflation▲ 2.0 pp
Average consumer prices2025
3.5%
Government debt▼ 7.9 pp
General government, gross2025
125.4% of GDP
Current account▲ 10.3 pp
Balance2025
-8.4% of GDP
Population▲ 1.7%
Total2025
0.41million

Real GDP growth, %

Since 1995 · lighter bars = IMF projection
-32.90.037.51995: 7.4%1996: 9.1%1997: 10.4%1998: 9.8%1999: 7.2%2000: 4.7%2001: 1.5%2002: 6.1%2003: 14.2%2004: 6.0%2005: -11.2%2006: 23.6%2007: 7.1%2008: 9.0%2009: -8.2%2010: 6.8%2011: 8.6%2012: 2.4%2013: 7.0%2014: 7.8%2015: 3.9%2016: 6.4%2017: 7.1%2018: 8.6%2019: 6.9%2020: -32.9%2021: 37.5%2022: 13.8%2023: 5.1%2024: 3.1%2025: 5.0%2026: 3.0% (IMF projection)2027: 4.6% (IMF projection)2028: 4.2% (IMF projection)2029: 4.0% (IMF projection)2030: 4.0% (IMF projection)2031: 4.0% (IMF projection)IMF projection19952000200520102015202020252030

Inflation, %

Average consumer prices · lighter bars = IMF projection
-2.80.012.01995: 5.5%1996: 6.2%1997: 7.6%1998: -1.4%1999: 3.0%2000: -1.2%2001: 0.7%2002: 0.9%2003: -2.8%2004: 6.3%2005: 2.5%2006: 3.5%2007: 6.8%2008: 12.0%2009: 4.5%2010: 6.1%2011: 11.3%2012: 10.9%2013: 4.0%2014: 2.4%2015: 1.4%2016: 0.8%2017: 2.3%2018: 1.4%2019: 1.3%2020: -1.6%2021: 0.2%2022: 2.6%2023: 2.6%2024: 1.4%2025: 3.5%2026: 3.0% (IMF projection)2027: 2.0% (IMF projection)2028: 2.0% (IMF projection)2029: 2.0% (IMF projection)2030: 2.0% (IMF projection)2031: 2.3% (IMF projection)IMF projection19952000200520102015202020252030

IMF outlook

IMF World Economic Outlook April 2026 · italics = IMF projection
Indicator2021202220232024202520262027202820292030
Real GDP growth %37.513.85.13.15.03.04.64.24.04.0
Inflation, average consumer prices %0.22.62.61.43.53.02.02.02.02.0
GDP, current prices USD bn567788991010
GDP per capita, current prices USD13,63215,78216,63717,45418,65819,46420,42121,33622,26423,224
GDP per capita, PPP Int. USD25,58630,68032,88734,16536,29337,82639,76241,39843,10444,892
General government gross debt % of GDP123.4111.6122.4133.3125.4129.4130.3131.4132.5133.2
General government net lending/borrowing % of GDP-14.2-11.2-13.2-11.6-2.9-11.2-9.1-8.9-8.7-8.4
Current account balance % of GDP-8.7-16.3-21.2-18.7-8.4-17.6-15.5-14.1-13.1-12.6
Population million0.380.390.400.400.410.420.420.430.440.45

Government debt, % of GDP

General government gross debt
0.01562000: 39%2001: 42%2002: 44%2003: 38%2004: 35%2005: 43%2006: 37%2007: 36%2008: 39%2009: 48%2010: 53%2011: 52%2012: 57%2013: 56%2014: 55%2015: 55%2016: 62%2017: 64%2018: 71%2019: 77%2020: 156%2021: 123%2022: 112%2023: 122%2024: 133%2025: 125%2026: 129% (IMF projection)2027: 130% (IMF projection)2028: 131% (IMF projection)2029: 132% (IMF projection)2030: 133% (IMF projection)2031: 132% (IMF projection)IMF projection2000200520102015202020252030

Current account, % of GDP

Balance of payments
-35.10.02000: -6.4%2001: -7.7%2002: -4.3%2003: -3.0%2004: -10.0%2005: -23.5%2006: -19.2%2007: -14.2%2008: -26.9%2009: -9.6%2010: -7.3%2011: -14.8%2012: -6.6%2013: -4.3%2014: -3.7%2015: -7.5%2016: -23.5%2017: -20.7%2018: -27.8%2019: -26.1%2020: -35.1%2021: -8.7%2022: -16.3%2023: -21.2%2024: -18.7%2025: -8.4%2026: -17.6% (IMF projection)2027: -15.5% (IMF projection)2028: -14.1% (IMF projection)2029: -13.1% (IMF projection)2030: -12.6% (IMF projection)2031: -12.4% (IMF projection)IMF projection2000200520102015202020252030

Economic structure

Value added by sector, % of GDP · World Bank
AgricultureManufacturingOther industryServices
YearStructureAgricultureIndustryManufacturingServices
20057.711.74.769.6
20155.510.71.972.4
20254.69.31.869.9

Income, trade and society

World Bank WDI · change over 10 years
IndicatorLatestUnitYear10Y change
GNI per capita, Atlas method12,950USD2025+57.7%
GNI, Atlas method7USD bn2025+95.2%
Exports of goods and services78.2% of GDP2024-13.1 pp
Imports of goods and services78.3% of GDP2024+3.6 pp
Life expectancy at birth81.3years2024+4.0%
Urban population42.5% of total2025+3.9 pp

Sources: IMF World Economic Outlook (April 2026; 2026 onwards are IMF projections) · World Bank World Development Indicators (CC BY 4.0)