Source
Central bank

Maldives Monetary Authority

International Reserves

USD 0.5 billion (2016)

International Monetary Fund (IMF), data retrieved January 2017

Gross Domestic Product - GDP

USD 3.5 billion (2017, estimate)

GDP (Purchasing Power Parity)

Intl$ 5.7 billion (2017, estimate)

Real GDP growth
2006 2007 2008 2009 2010 2011 2012
19.9% 10.2% 12.7% -5.3% 7.2% 8.7% 2.5%
2013 2014 2015* 2016* 2017*    
4.7% 6.5% 1.5% 3% 4.1%    

*Estimate

GDP per capita - current prices

USD 9,707.4 (2017, estimate)

GDP per capita - PPP

Intl$ 15,981.8 (2017, estimate)

GDP (PPP) - share of world total
1980 1990 2000 2010 2017*
0% 0% 0% 0% 0.005%

*Estimate 

 

 
 
Source
GDP - composition by sector
  • agriculture: 3.5% 
  • industry: 19.3% 
  • services: 77.2%

(2014 estimate)

Gross domestic expenditure on R&D; (% of GDP)

N/A

 

Inflation
2013 2014 2015* 2016* 2017*
4.0% 2.5% 1.4% 2.1% 2.6%

*Estimate

Unemployment rate
2013 2014 2015 2016 2017
N/A N/A N/A N/A N/A

*Estimate

Household saving rates

N/A

Public debt (General government gross debt as a % of GDP)
2013 2014 2015* 2016* 2017*
64.1% 66.3% 73.1% 83.1% 96%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2013 2014 2015* 2016* 2017*
-7.8% -9.4% -8.7% -13.7% -18.4%

*Estimate

Government bond ratings

Standard & Poor's: N/A

Moody's : B2

Standard & Poor's / Moody's (Updated January 2017)

Market value of publicly traded shares
2013 2014 2015
N/A N/A N/A
Largest companies

N/A

 
 
Source
Current account balance

USD -0.5 billion (2017 estimate)

Current account balance by percentage of GDP

-14.1% (2017 estimate)

Exports as percent of GDP (Exports of goods and services)

91.7% (2015)

Shares in world total merchandising export

0.001% (2015)

Shares in world total commercial services export

0.06% (2015)

Total exports

USD 300.9 million (2014 estimate)

Export commodities

Fish

Total imports

USD 2.0 billion (2014 estimate)

 
 
Source
Import commodities

Petroleum products, clothing, intermediate and capital goods

Exports - major partners

Thailand 18%, France 12.1%, Germany 10.7%, US 9.6%, Italy 6.8%, UK 6.4%, Sri Lanka 5.9%, Japan 4.6% (2015)

Imports - major partners

UAE 18.4%, Singapore 13.8%, China 10.6%, India 10.4%, Malaysia 7%, Sri Lanka 5.6%, Thailand 5% (2015)

FDI inflows
2013 2014 2015
USD 361 million USD 333 million USD 324 million
Value of cross-border M&A, by country of purchaser
2012 2013 2014 2015
N/A N/A N/A N/A
Cross-border M&A deals worth over $3 billion completed in 2014

N/A

Cross-border M&A deals worth over $3 billion completed in 2015

N/A

Best countries for doing business

Economies are ranked on their ease of doing business. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

Overall ranking: 135 out of 190 countries (2017)

Subcategories:

Starting a business: 65 out of 190 countries

Enforcing Contracts: 105 out of 190 countries

Registering Property: 172 out of 190 countries

Getting Credit: 133 out of 190 countries

Protecting Minority Investors: 123 out of 190 countries

Trading Across Borders: 147 out of 190 countries

Paying Taxes: 134 out of 190 countries

Dealing with Construction Permits: 62 out of 190 countries

Getting Electricity: 145 out of 190 countries

Resolving Insolvency: 135 out of 190 countries

Global competitiveness ranking

N/A

Index of Economic Freedom

Ranking: 132 / Score: 53.94 (Mostly unfree) (2016)

(100=totally free 0=totally repressed)

 
 
Source
Time zone

UTC+5

Total area

298 sq km

Capital

Male

Currency

Rufiyaa (MVR) 

Government type

Presidential republic

Languages

Dhivehi (official, dialect of Sinhala, script derived from Arabic), English (spoken by most government officials)

Religions

Sunni Muslim (official)

Total population
1990 2000 2010 2016* 2021*
0.212 million 0.27 million 0.32 million 0.354 million 0.384 million

*Estimate 

 
 
Source
Urban population as % of total population
1960 1980 2000 2015
11% 22% 28% 46%
Population median age

27.8 years (2016 estimate)

Population growth rate

-0.07% (2016 estimate)

Life expectancy

75.6 years (2016 estimate)

Literacy

Total population: 99.3%
Male: 99.8%
Female: 98.8% (2015 est.)

(age 15 and over can read and write)

% of population living on less than $3.10 a day

N/A

Inequality of wealth distribution (Gini index)

N/A

Freedom House rating

Political Rights: 5
Civil Liberties: 5 (2017)                         

(1 represents the most free, 7 the least free rating)

Source
Total telephone subscribers as % of population

Fixed 6.12%   Mobile 206.66% (2015)
(fixed-telephone subscribers and mobile-cellular subscribers)

Internet users as % of total population

54.46% (2015)

Mercer Cost of living index

N/A

CO2 emissions

2.7 (2013)

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