Maldives GDP Growth
Annual percentage growth rate of GDP NY.GDP.MKTP.KD.ZG
Maldives's gdp growth was 4.79% in 2025, ranked 36th globally. This represents a 37.0% increase from 2024. Data from World Bank, covering 1971–2025.
Overview
Maldives's gdp growth stood at 4.79% in 2025, a rise of +1.29pp from 2024. The IMF projects 4.79% by 2025. Maldives ranked 36th globally.
Maldives’ real GDP growth has averaged 4.79 % in 2025, placing it 36th among the world’s economies and closely matching the performance of peers such as China (4.80 %) and Cambodia (4.77 %). Over the 55‑year series, growth has been volatile, swinging from an all‑time peak of 37.51 % in 2021 to a historic trough of –32.91 % in 2020 as the pandemic devastated tourism, the sector that drives most of the archipelago’s output. The early post‑independence period showed a modest 5.21 % growth rate in 1971, indicating that the current level is comparable to the nation’s long‑run average but far below the extraordinary post‑crisis rebound. The resilience of the tourism sector, diversification into renewable energy and digital services, and the capacity to attract foreign investment will be decisive in sustaining the present upward trajectory and avoiding a repeat of the 2020 collapse.
Data & projection
| Year | GDP Growth | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 4.05% | - | - |
| 2029* IMF | 4.01% | - | - |
| 2028* IMF | 4.01% | - | - |
| 2027* IMF | 4.09% | - | - |
| 2026* IMF | 4.50% | - | - |
| 2025* IMF | 4.79% | - | - |
| 2025 | 4.79% | +1.29pp | #36 |
| 2024 | 3.49% | −1.39pp | #90 |
| 2023 | 4.94% | −8.88pp | #53 |
| 2022 | 13.83% | −23.68pp | #9 |
| 2021 | 37.51% | +70.42pp | #1 |
| 2020 | -32.91% | −40.21pp | #210 |
| 2019 | 6.92% | −1.74pp | #14 |
| 2018 | 8.57% | +1.51pp | #3 |
| 2017 | 7.07% | +0.50pp | #18 |
| 2016 | 6.38% | +2.40pp | #31 |
| 2015 | 3.87% | −3.93pp | #73 |
| 2014 | 7.86% | +0.90pp | #12 |
| 2013 | 6.97% | +4.61pp | #27 |
| 2012 | 2.39% | −6.18pp | #119 |
| 2011 | 8.84% | +2.01pp | #16 |
Detected Pattern
Analysis
Maldives matched the Fiscal Dominance Trap pattern in 2011. Historically, 72% of countries showing this pattern (278 out of 386) saw gdp growth improve within 24 months. View full analysis →
Frequently Asked Questions
Maldives's gdp growth was 4.79% in 2025. Ranked 36th globally. This represents a 37.0% increase from the previous year.
Maldives's gdp growth peaked at 37.51% in 2021.
The lowest gdp growth in Maldives was -32.91% in 2020.
Maldives ranks 36th globally in gdp growth as of 2025.
The World Bank indicator code is NY.GDP.MKTP.KD.ZG. Data sourced from World Bank.
Maldives's gdp growth is projected to reach 4.79% by 2025 based on IMF projection.
The gdp growth of Maldives in 2025 was 4.79%. This ranks 36th in the world.
Cite this page
@misc{historysaid_maldives_gdp-growth,
title = {Maldives GDP Growth},
url = {https://historysaid.com/maldives/gdp-growth/},
publisher = {HistorySaid},
year = {2026}
}