Maldives | Economic Forecasts | 2016-2020 Outlook

MARKETS Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Currency 15.20 15.5 15.66 15.81 15.96 18.24 [+]
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 1.20 1.1 1.5 1.8 2.1 2.1 percent [+]
Food Inflation -6.70 -5.28 -5.45 -5.41 -5.42 -5.42 percent [+]
Consumer Price Index Cpi 109.38 110 110 110 110 110 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 8336.30 10200 10200 8552 10400 13000 MVR Million [+]
TRADE Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Balance of Trade -157.50 -157 -157 -157 -157 -157 USD Million [+]
Exports 12.90 19.24 20.16 20.59 20.82 21.09 USD Million [+]
Imports 170.40 187 187 171 168 190 USD Million [+]
Current Account -295.50 -226 -253 -279 -306 -454 USD Million [+]
Current Account to GDP -8.80 -7.3 -8.27 -9.25 -10.22 -13.27 percent [+]
Tourist Arrivals 117489.00 110415 103534 105074 105818 105735 [+]
External Debt 693.70 655 643 630 618 441 USD Million [+]
Capital Flows 467.90 339 340 340 341 345 USD Million [+]
Foreign Direct Investment 323.90 323 325 325 325 325 USD Million [+]
GOVERNMENT Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Government Debt to GDP 20.40 23 23 23 23 24 percent [+]
Government Budget -6.90 -4.53 -5.58 -6.62 -7.67 -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 Q1/17 Q2/17 Q3/17 Q4/17 2020
Capacity Utilization 73.70 69.18 69.51 69.93 69.7 69.72 percent [+]
Ease of Doing Business 135.00 125 126 127 128 117 [+]
Corruption Index 25.00 25.57 26.78 27.99 29.21 26.35 Points [+]
Corruption Rank 134.00 131 130 129 127 117 [+]
Business Confidence -21.00 -23.68 -23.74 -23.74 -23.74 -23.74 [+]
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. 1/19/2017