GDP Growth Rate
Year -
3.97%
In 2023, Maldives experienced a significant a decrease in its GDP growth rate, which fall to 3.97% from 13.91% in 2022. Additionally, the GDP per capita growth rate in Maldives decrease to 4.52% in 2023, compared to 13.4% in 2022.
In 2023, Maldives experienced a decrease in economic performance, with the GDP growth rate falling by 9.94%. Additionally, the GDP per capita growth rate decrease by 8.88%.
| Year | GDP Growth | Net Chg | GDP Capita Growth | Net Chg |
|---|---|---|---|---|
| 1961 | - | - | - | - |
| 1962 | - | - | - | - |
| 1963 | - | - | - | - |
| 1964 | - | - | - | - |
| 1965 | - | - | - | - |
| 1966 | - | - | - | - |
| 1967 | - | - | - | - |
| 1968 | - | - | - | - |
| 1969 | - | - | - | - |
| 1970 | - | - | - | - |
| 1971 | 5.21 | - | 2.04 | - |
| 1972 | 2.42% | -2.79% | -0.64% | -2.68% |
| 1973 | 1.58% | -0.84% | -1.4% | -0.76% |
| 1974 | 5.73% | 4.15% | 2.68% | 4.08% |
| 1975 | -7.99% | -13.72% | -10.68% | -13.36% |
| 1976 | 0.6% | 8.59% | -2.36% | 8.32% |
| 1977 | 11.25% | 10.65% | 8.08% | 10.44% |
| 1978 | 14.68% | 3.43% | 11.57% | 3.49% |
| 1979 | 10.66% | -4.02% | 7.7% | -3.87% |
| 1980 | 18.57% | 7.91% | 15.29% | 7.59% |
| 1981 | 11.76% | -6.81% | 8.62% | -6.67% |
| 1982 | -3.01% | -14.77% | -5.71% | -14.33% |
| 1983 | 16.26% | 19.27% | 13.13% | 18.84% |
| 1984 | 26.96% | 10.70% | 23.48% | 10.35% |
| 1985 | 15.42% | -11.54% | 11.78% | -11.70% |
| 1986 | 9.36% | -6.06% | 5.57% | -6.21% |
| 1987 | 8.83% | -0.53% | 5.08% | -0.49% |
| 1988 | 8.73% | -0.10% | 5.18% | 0.10% |
| 1989 | 9.33% | 0.60% | 5.93% | 0.75% |
| 1990 | 16.95% | 7.62% | 13.3% | 7.37% |
| 1991 | 1.44% | -15.51% | -1.7% | -15.00% |
| 1992 | 6.67% | 5.23% | 3.55% | 5.25% |
| 1993 | 5.56% | -1.11% | 2.68% | -0.87% |
| 1994 | 7.75% | 2.19% | 5.03% | 2.35% |
| 1995 | 12.99% | 5.24% | 10.36% | 5.33% |
| 1996 | 7.86% | -5.13% | 5.56% | -4.80% |
| 1997 | 8.4% | 0.54% | 6.3% | 0.74% |
| 1998 | 7.49% | -0.91% | 5.63% | -0.67% |
| 1999 | 6.18% | -1.31% | 4.53% | -1.10% |
| 2000 | 3.85% | -2.33% | 2.23% | -2.30% |
| 2001 | -3.94% | -7.79% | -5.55% | -7.78% |
| 2002 | 7.27% | 11.21% | 5.45% | 11.00% |
| 2003 | 13.75% | 6.48% | 11.86% | 6.41% |
| 2004 | 5.82% | -7.93% | 4.1% | -7.76% |
| 2005 | -11.22% | -17.04% | -12.64% | -16.74% |
| 2006 | 23.61% | 34.83% | 20.7% | 33.34% |
| 2007 | 7.12% | -16.49% | 3.59% | -17.11% |
| 2008 | 8.98% | 1.86% | 5.18% | 1.59% |
| 2009 | -8.16% | -17.14% | -11.36% | -16.54% |
| 2010 | 6.84% | 15.00% | 3.13% | 14.49% |
| 2011 | 8.57% | 1.73% | 4.84% | 1.71% |
| 2012 | 2.36% | -6.21% | -1.1% | -5.94% |
| 2013 | 6.96% | 4.60% | 3.44% | 4.54% |
| 2014 | 7.8% | 0.84% | 3.66% | 0.22% |
| 2015 | 3.97% | -3.83% | -0.53% | -4.19% |
| 2016 | 6.57% | 2.60% | 2.19% | 2.72% |
| 2017 | 7.05% | 0.48% | 2.93% | 0.74% |
| 2018 | 8.67% | 1.62% | 4.83% | 1.90% |
| 2019 | 7.3% | -1.37% | 4.16% | -0.67% |
| 2020 | -32.91% | -40.21% | -34.2% | -38.36% |
| 2021 | 37.69% | 70.60% | 35.83% | 70.03% |
| 2022 | 13.91% | -23.78% | 13.4% | -22.43% |
| 2023 | 3.97% | -9.94% | 4.52% | -8.88% |