Maldives | Economic Forecasts | 2016-2020 Outlook

MARKETS Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Currency 15.17 15.35 15.5 15.66 15.81 18.24 [+]
GDP Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
GDP Annual Growth Rate 6.80 3.7 4.1 3.9 3.5 5.8 percent [+]
GDP 3.14 3.29 3.33 3.37 3.4 3.9 USD Billion [+]
GDP per capita 7160.54 7430 7467 7505 7542 8067 USD [+]
GDP per capita PPP 11892.46 12505 12448 12392 12335 12415 USD [+]
Gdp Constant Prices 6893.80 7158 7352 7302 7225 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 Q4/16 Q1/17 Q2/17 Q3/17 2020
Unemployment Rate 11.60 11.8 12 12 12 11.1 percent [+]
Population 0.35 0.35 0.35 0.35 0.35 0.37 Million [+]
PRICES Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Inflation Rate 0.40 0.8 1.1 1.5 1.8 2.1 percent [+]
Food Inflation -2.40 -3.53 -3.36 -3.41 -3.4 -3.4 percent [+]
Consumer Price Index Cpi 108.36 108 108 108 108 108 Index Points [+]
MONEY Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Interest Rate 7.00 7 7 7 7 7 percent [+]
Deposit Interest Rate 3.10 3.14 3.11 3.08 3.05 3.03 percent [+]
Foreign Exchange Reserves 8320.80 10100 10200 10200 8086 13000 MVR Million [+]
TRADE Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Balance of Trade -155.00 -156 -156 -156 -156 -156 USD Million [+]
Exports 17.90 18.9 19.75 20.39 20.69 21.03 USD Million [+]
Imports 172.90 162 187 187 170 190 USD Million [+]
Current Account -295.50 -305 -309 -312 -315 -453 USD Million [+]
Current Account to GDP -8.80 -10.22 -10.53 -10.84 -11.15 -13.27 percent [+]
Tourist Arrivals 101909.00 99348 100868 97270 98963 98931 [+]
External Debt 693.70 655 643 630 618 441 USD Million [+]
Capital Flows 385.20 308 315 318 321 325 USD Million [+]
Foreign Direct Investment 323.90 323 325 325 325 325 USD Million [+]
GOVERNMENT Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Government Debt to GDP 20.40 21 23 23 23 24 percent [+]
Government Budget -6.90 -7.67 -7.58 -7.5 -7.41 -7.44 percent of GDP [+]
Fiscal Expenditure 1947.70 1844 1847 1855 1858 1860 MVR Million [+]
Government Budget Value 743.50 -252 -458 -179 -339 -283 MVR Million [+]
Government Revenues 1204.10 1565 1447 1512 1479 1490 MVR Million [+]
BUSINESS Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Capacity Utilization 63.60 69.57 68.92 68.89 69.16 69.06 percent [+]
Ease of Doing Business 135.00 124 126 127 128 117 [+]
Corruption Index 25.00 29.21 30.29 31.38 32.47 26.35 Points [+]
Corruption Rank 134.00 127 126 125 124 117 [+]
Business Confidence -21.00 -23.68 -23.74 -23.74 -23.74 -23.74 [+]
TAXES Actual Q4/16 Q1/17 Q2/17 Q3/17 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. 12/6/2016