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

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 2014* 2019**
0.212 million 0.27 million 0.32 million 0.342 million 0.372 million

*Estimate    **Forecast

 
 
Source
Urban population as % of total population
1960 1980 2000 2013
11.2% 22% 28% 413%
Population median age

27.1 years (2014 est.)

Population growth rate

-0.09% (2014 est.)

Life expectancy

75.15 years (2014 estimate)

Adult literacy

98.4% (2006 estimate)

% of population living on less than $2 a day

12.2% (2004)

Inequality of wealth distribution (Gini index)

37.4 (2004)

(0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights: 4
Civil Liberties: 4 (2014)

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

Total telephone subscribers as % of population

Fixed 6.5%   Mobile 181.2%  (2013)
(fixed-telephone subscribers and mobile-cellular subscribers)

Internet users as % of total population

44.10% (2013)

Cost of living - Mercer index(ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive)

N/A

CO2 emissions(Metric tons of CO2 per capita)

3.3 (2010)

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