Maldives Gross Savings
Gross savings as % of GDP NY.GNS.ICTR.ZS
Maldives's gross savings was 26.09% in 2025, ranked 48th globally. This represents a 117.7% increase from 2024. Data from World Bank, covering 1980–2025.
Overview
Maldives's gross savings stood at 26.09% in 2025, a rise of +14.10% from 2024. The IMF projects 26.09% by 2025. Maldives ranked 48th globally.
Maldives’ gross savings rate has risen from a negative -0.65 percent of GDP in 1980, the lowest point in the series, to a peak of 40.47 percent in 1990, before settling at 26.09 percent in 2025, ranking 48th globally. The dramatic upswing in the early 1990s reflected rapid expansion of tourism‑driven revenues and concerted fiscal reforms, while the subsequent moderation mirrors the country’s increasing public investment in infrastructure and climate‑resilient housing. Compared with peers of similar rank, Maldives’ 2025 savings share is close to Czechia’s 26.27 percent and Côte d’Ivoire’s 25.96 percent, suggesting comparable capacity to mobilize domestic resources despite divergent economic structures. The 46‑year coverage shows a persistent upward trajectory after the 1990 peak, indicating that policy emphasis on fiscal consolidation and private‑sector growth continues to bolster savings. Maintaining this course will likely depend on sustaining tourism demand, diversifying the economy, and managing climate‑related expenditures, which together could keep the savings rate on an incremental rise.
Data & projection
| Year | Gross Savings | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 22.13% | - | - |
| 2029* IMF | 21.29% | - | - |
| 2028* IMF | 20.88% | - | - |
| 2027* IMF | 20.77% | - | - |
| 2026* IMF | 21.85% | - | - |
| 2025* IMF | 26.09% | - | - |
| 2025 | 26.09% | +14.10% | #48 |
| 2024 | 11.98% | +0.42% | #147 |
| 2023 | 12.22% | −4.51% | #154 |
| 2022 | 16.68% | +0.15% | #132 |
| 2021 | 16.58% | +16.14% | #136 |
| 2020 | -0.29% | −17.38% | #175 |
| 2019 | 17.13% | −4.00% | #136 |
| 2018 | 21.15% | −0.98% | #102 |
| 2017 | 21.50% | +5.20% | #93 |
| 2016 | 16.35% | −8.10% | #133 |
| 2015 | 24.63% | +0.42% | #69 |
| 2014 | 26.54% | +4.11% | #52 |
| 2013 | 22.43% | +2.34% | #85 |
| 2012 | 20.09% | +8.18% | #91 |
| 2011 | 11.91% | −7.50% | #150 |
Detected Pattern
Analysis
Maldives matched the Fiscal Dominance Trap pattern in 2011. Historically, 72% of countries showing this pattern (278 out of 386) saw gross savings improve within 24 months. View full analysis →
Frequently Asked Questions
Maldives's gross savings was 26.09% in 2025. Ranked 48th globally. This represents a 117.7% increase from the previous year.
Maldives's gross savings peaked at 40.47% in 1990.
The lowest gross savings in Maldives was -0.65% in 1980.
Maldives ranks 48th globally in gross savings as of 2025.
The World Bank indicator code is NY.GNS.ICTR.ZS. Data sourced from World Bank.
Maldives's gross savings is projected to reach 26.09% by 2025 based on IMF projection.
The gross savings of Maldives in 2025 was 26.09%. This ranks 48th in the world.
Cite this page
@misc{historysaid_maldives_gross-savings,
title = {Maldives Gross Savings},
url = {https://historysaid.com/maldives/gross-savings/},
publisher = {HistorySaid},
year = {2026}
}