Maldives GDP Annual Growth Rate  1997-2016 | Data | Chart | Calendar

The Gross Domestic Product (GDP) in Maldives expanded 6.80 percent in the second quarter of 2016 over the same quarter of the previous year. GDP Annual Growth Rate in Maldives averaged 6.15 percent from 1997 until 2016, reaching an all time high of 19.60 percent in the fourth quarter of 2006 and a record low of -8.70 percent in the fourth quarter of 2005.

Maldives GDP Annual Growth Rate
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Maldives GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate 6.80 3.90 19.60 -8.70 percent [+]
GDP 3.14 3.06 3.14 0.04 USD Billion [+]
GDP per capita 7160.54 7197.34 7197.34 4198.34 USD [+]
GDP per capita PPP 11892.46 11953.59 11953.59 6972.74 USD [+]
Gdp Constant Prices 6893.80 7079.56 7079.56 4561.80 MVR Million [+]
Gdp From Agriculture 173.30 178.80 210.40 144.50 MVR Million [+]
Gdp From Construction 645.40 604.70 645.40 342.80 MVR Million [+]
Gdp From Manufacturing 1072.30 1032.80 1072.30 686.60 MVR Million [+]
Gdp From Public Administration 676.10 669.50 695.00 567.60 MVR Million [+]
Gdp From Services 4742.00 5133.00 5133.00 3713.70 MVR Million [+]
Gdp From Transport 533.90 603.40 603.40 410.50 MVR Million [+]



Maldives GDP Annual Growth Rate Notes

Maldives is a small island nation, having 90 percent of its territory covered in water. Tourism, fishing and shipping are the most important sectors of the economy. Tourism accounts for more than 30 percent of GDP and over 60 percent of foreign currency earnings. Yet, fishing is the country’s largest employer. The government controls a large part of the economy and 90 percent of its revenue comes from tourism and trade tariffs. Following the ousting of President Nasheed, foreign direct investment has declined due to uncertainty surrounding the country’s political future. This page provides - Maldives GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Maldives GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on December of 2016.

Actual Previous Highest Lowest Dates Unit Frequency
6.80 3.90 19.60 -8.70 1997 - 2016 percent Quarterly



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