Maldives | Economic Forecasts | 2016-2020 Outlook

MARKETS Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Currency 15.42 15.61 15.77 15.92 16.23 18.55 [+]
GDP Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
GDP Annual Growth Rate 6.80 4.1 3.9 3.5 4.1 5.8 percent [+]
GDP 3.43 3.25 3.26 3.28 3.29 3.9 USD Billion [+]
GDP per capita 7221.60 7383 7399 7414 7430 8067 USD [+]
GDP per capita PPP 11993.91 12126 12252 12379 12505 12415 USD [+]
Gdp Constant Prices 6893.80 7352 7302 7225 7488 8449 MVR Million [+]
Gdp From Construction 645.40 644 652 649 651 652 MVR Million [+]
Gdp From Manufacturing 1072.30 1073 1079 1075 1078 1079 MVR Million [+]
Gdp From Public Administration 676.10 661 657 660 663 663 MVR Million [+]
Gdp From Services 4742.00 4834 4837 4837 4838 4838 MVR Million [+]
Gdp From Transport 533.90 629 644 617 622 684 MVR Million [+]
LABOUR Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Unemployment Rate 11.60 12 12 12 12 11.1 percent [+]
Population 0.35 0.35 0.35 0.35 0.35 0.37 Million [+]
PRICES Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Inflation Rate 2.00 1.1 1.5 1.8 2.1 2.1 percent [+]
Food Inflation 2.80 2.13 2.22 2.24 2.25 2.25 percent [+]
Consumer Price Index Cpi 110.00 110 110 110 110 110 Index Points [+]
MONEY Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Interest Rate 7.00 7 7 7 7 7 percent [+]
Deposit Interest Rate 3.10 3.77 3.56 3.35 3.14 3.03 percent [+]
Foreign Exchange Reserves 7341.90 10200 10200 7434 10400 13000 MVR Million [+]
TRADE Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Balance of Trade -171.90 -157 -158 -159 -159 -159 USD Million [+]
Exports 18.70 21.13 21.58 21.52 21.55 21.56 USD Million [+]
Imports 190.60 187 187 179 168 190 USD Million [+]
Current Account -666.70 -358 -417 -477 -537 -400 USD Million [+]
Current Account to GDP -17.70 -12.62 -13.75 -14.88 -16 -13.94 percent [+]
Tourist Arrivals 125336.00 121842 117951 116662 117886 117972 [+]
External Debt 696.20 682 670 658 646 443 USD Million [+]
Capital Flows 418.40 287 288 289 290 286 USD Million [+]
Foreign Direct Investment 384.70 331 313 294 276 358 USD Million [+]
GOVERNMENT Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Government Debt to GDP 20.30 23 23 23 23 24 percent [+]
Government Budget -7.40 -8.43 -7.57 -6.71 -5.85 -7.14 percent of GDP [+]
Fiscal Expenditure 2054.30 1918 1916 1915 1915 1915 MVR Million [+]
Government Budget Value -836.80 -348 -326 -329 -331 -330 MVR Million [+]
Government Revenues 1217.50 1469 1514 1482 1502 1495 MVR Million [+]
BUSINESS Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Capacity Utilization 75.30 70.94 68.41 69.01 69.39 69.1 percent [+]
Ease of Doing Business 135.00 125 126 127 128 117 [+]
Corruption Index 36.00 25.57 26.78 27.99 29.21 26.35 Points [+]
Corruption Rank 95.00 131 130 129 127 117 [+]
Business Confidence 49.00 55 42 35 22 -2.67 [+]
TAXES Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Corporate Tax Rate 0.00 0 0 0 0 0 percent [+]





Economic Forecasts for Maldives including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Maldives economy. 3/24/2017