Maldives PPP Conversion Factor
PPP conversion factor, GDP PA.NUS.PPP
Maldives's ppp conversion factor was 7.57 in 2025, ranked 91st globally. This represents a 3.7% decrease from 2024. Data from World Bank, covering 1990–2025.
Overview
Maldives's ppp conversion factor stood at 7.57 in 2025, a decline of +0.29 from 2024. Based on recent trends, this figure is projected to reach 7.57 by 2025. Maldives ranked 91st globally.
The Maldives’ purchasing‑power‑parity (PPP) conversion factor has risen sharply from an all‑time trough of 2.02 in 1990 to a peak of 8.47 in 2020, before settling at 7.57 in 2025, ranking 91st globally. This more than three‑fold increase over 35 years reflects the archipelago’s rapid transition from a low‑income, tourism‑dependent economy to a higher‑value service and construction sector, which has driven domestic price levels upward relative to the United States dollar. The latest figure of 7.57 places the Maldives close to peers such as Zambia (7.61) and South Africa (7.42), indicating a comparable cost structure despite divergent geographic and institutional contexts. The upward trajectory suggests that continued investment in infrastructure and diversification of export markets could sustain higher PPP conversion levels, while any slowdown in tourism or external shocks to commodity prices would likely temper further gains.
Data & projection
| Year | PPP Conversion Factor | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 7.25 | - | - |
| 2026* trend | 7.41 | - | - |
| 2025* trend | 7.57 | - | - |
| 2025 | 7.57 | −0.29 | #91 |
| 2024 | 7.86 | +0.05 | #104 |
| 2023 | 7.81 | −0.11 | #110 |
| 2022 | 7.93 | −0.28 | #112 |
| 2021 | 8.21 | −0.26 | #114 |
| 2020 | 8.47 | +0.65 | #116 |
| 2019 | 7.83 | −0.20 | #114 |
| 2018 | 8.03 | −0.15 | #116 |
| 2017 | 8.18 | +0.04 | #117 |
| 2016 | 8.15 | −0.15 | #117 |
| 2015 | 8.29 | +0.11 | #119 |
| 2014 | 8.18 | −0.07 | #120 |
| 2013 | 8.25 | +0.10 | #120 |
| 2012 | 8.16 | +0.30 | #120 |
| 2011 | 7.86 | +0.72 | #122 |
Detected Pattern
Analysis
Maldives matched the Fiscal Dominance Trap pattern in 2011. Historically, 72% of countries showing this pattern (278 out of 386) saw ppp conversion factor improve within 24 months. View full analysis →
Frequently Asked Questions
Maldives's ppp conversion factor was 7.57 in 2025. Ranked 91st globally. This represents a 3.7% decrease from the previous year.
Maldives's ppp conversion factor peaked at 8.47 in 2020.
The lowest ppp conversion factor in Maldives was 2.02 in 1990.
Maldives ranks 91st globally in ppp conversion factor as of 2025.
The World Bank indicator code is PA.NUS.PPP. Data sourced from World Bank.
Maldives's ppp conversion factor is projected to reach 7.57 by 2025 based on trend extrapolation.
The ppp conversion factor of Maldives in 2025 was 7.57. This ranks 91st in the world.
Cite this page
@misc{historysaid_maldives_ppp-conversion-factor,
title = {Maldives PPP Conversion Factor},
url = {https://historysaid.com/maldives/ppp-conversion-factor/},
publisher = {HistorySaid},
year = {2026}
}