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Maldives Income Share Top 10%

Income share held by highest 10%  SI.DST.10TH.10

Maldives's income share top 10% was 23.30% in 2019, ranked 18th globally. This represents a 7.5% decrease from 2018. Data from World Bank, covering 2002–2019.

23.30% −1.90pp (-7.5%)
Year 2019 Rank #18 Global Peak 34.80% (2002) Source World Bank

Maldives Income Share Top 10% (2002–2019)

Overview

Maldives's income share top 10% stood at 23.30% in 2019, a decline of +1.90pp from 2016. Maldives ranked 18th globally.

Maldives’ share of income accruing to the top 10 percent of earners fell from an all‑time peak of 34.80 % in 2002 to a trough of 23.30 % in 2019, placing the nation at 18th in the world in the latest year. The decline, recorded over a four‑year coverage window, signals a substantial redistribution of earnings toward the broader population, mirroring the 23.30 % share recorded by Estonia and the 23.50 % share observed in Denmark during the same period. While the Maldives has narrowed the gap with high‑income peers, the persistence of a top‑decile share above 20 % suggests that inequality remains pronounced relative to many advanced economies. Continued reforms in taxation, social protection and labour market regulation could further compress the top‑10 % share, reinforcing the downward trajectory and moving the country closer to the lower‑inequality profiles of its European counterparts.

Data & projection

Year Income Share Top 10% YoY change Rank
2019 23.30% −1.90pp #18
2016 25.20% −4.70pp #31
2009 29.90% −4.90pp #53
2002 34.80% – #51

Detected Pattern

Fiscal Dominance Trap
Government debt exceeding 80% of GDP with real interest rates negative and inflation above 10%. Monetary policy effectiveness impaired by fiscal pressures.
Inflation 11.3% Real rate -1.9%
Occurred 386 times, 278 successful
Inflation
28.2%
Real rate
-4.2%
Inflation
219.9%
Real rate
-47.4%
Inflation
28.3%
Real rate
-7.0%
Inflation
91.4%
Real rate
-26.9%
Inflation
13.6%
Real rate
-0.9%
Inflation
133.5%
Real rate
-17.3%

Analysis

Maldives matched the Fiscal Dominance Trap pattern in 2011. Historically, 72% of countries showing this pattern (278 out of 386) saw income share top 10% improve within 24 months. View full analysis →

Frequently Asked Questions

What is Maldives's income share top 10%?▾

Maldives's income share top 10% was 23.30% in 2019. Ranked 18th globally. This represents a 7.5% decrease from the previous year.

What was the highest income share top 10% in Maldives?▾

Maldives's income share top 10% peaked at 34.80% in 2002.

What was the lowest income share top 10% in Maldives?▾

The lowest income share top 10% in Maldives was 23.30% in 2019.

How does Maldives rank in income share top 10%?▾

Maldives ranks 18th globally in income share top 10% as of 2019.

What is the World Bank indicator code for income share top 10%?▾

The World Bank indicator code is SI.DST.10TH.10. Data sourced from World Bank.

What is the income share top 10% of Maldives in 2019?▾

The income share top 10% of Maldives in 2019 was 23.30%. This ranks 18th in the world.

Cite this page

APA
Maldives Income Share Top 10%. HistorySaid. Retrieved November 1, 2026, from https://historysaid.com/maldives/income-top-10/
BibTeX
@misc{historysaid_maldives_income-top-10, title = {Maldives Income Share Top 10%}, url = {https://historysaid.com/maldives/income-top-10/}, publisher = {HistorySaid}, year = {2026} }
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