Maldives GDP Annual Growth Rate 1997-2014 | Data | Chart | Calendar

The Gross Domestic Product (GDP) in Maldives expanded 3.70 percent in 2013 from the previous year. GDP Annual Growth Rate in Maldives averaged 6.89 Percent from 1997 until 2013, reaching an all time high of 19.59 Percent in 2006 and a record low of -8.68 Percent in 2005. GDP Annual Growth Rate in Maldives is reported by the Maldives Monetary Authority.


Maldives GDP Annual Growth Rate

Actual Previous Highest Lowest Dates Unit Frequency
3.70 1.30 19.59 -8.68 1997 - 2013 Percent Yearly
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. Content for - Maldives GDP Annual Growth Rate - was last refreshed on Saturday, October 25, 2014.

Maldives GDP Last Previous Highest Lowest Unit
GDP 2.30 2.11 2.30 0.04 USD Billion [+]
GDP Annual Growth Rate 3.70 1.30 19.59 -8.68 Percent [+]
GDP per capita 4926.05 4841.99 4926.05 271.11 USD [+]
GDP per capita PPP 11282.81 11090.26 11282.81 6576.60 USD [+]