Expense in Maldives

Maldives: Expense was 29.5% in 2021. ▲ Rising

Latest (2021)
29.5%
Change on year
down 16.6%
World rank
60th
of 157 countries
All-time high
35.3%
in 2020
All-time low
16.6%
in 1990
Years of data
30
1990–2021

Expense in Maldives, 1990–2021

0102030401990200520211990: 16.6 % of GDP1991: 17.2 % of GDP1992: 18 % of GDP1993: 17.4 % of GDP1994: 16.8 % of GDP1995: 18.7 % of GDP1996: 18 % of GDP1997: 19.8 % of GDP1998: 20.4 % of GDP1999: 22.3 % of GDP2000: 25.5 % of GDP2001: 18.5 % of GDP2002: 18.4 % of GDP2003: 17.4 % of GDP2004: 17.8 % of GDP2005: 31.2 % of GDP2006: 27.8 % of GDP2007: 27.4 % of GDP2008: 25.7 % of GDP2009: 29.2 % of GDP2010: 25.4 % of GDP2011: 22.4 % of GDP2014: 24.7 % of GDP2015: 26.5 % of GDP2016: 24.2 % of GDP2017: 20.4 % of GDP2018: 22 % of GDP2019: 25.4 % of GDP2020: 35.3 % of GDP2021: 29.5 % of GDP

Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.

Analysis

In 2021, expense in Maldives stood at 29.5%.

The figure is down 16.6% on the previous year and up 31.6% over ten years.

Over the whole period, expense in Maldives peaked at 35.3% in 2020 and was at its lowest, 16.6%, in 1990.

Maldives ranks 60th of 157 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 30 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 18.5% 16.6% 22.3% 10
2000s 23.9% 17.4% 31.2% 10
2010s 23.9% 20.4% 26.5% 8
2020s 32.4% 29.5% 35.3% 2

Countries ranked near Maldives

  1. 57 Ecuador 30.4% compare
  2. 58 Egypt 30.2% compare
  3. 59 Russia 30.0% compare
  4. 61 Mauritius 29.1% compare
  5. 62 Solomon Islands 28.9% compare
  6. 63 Barbados 28.8% compare

See the full ranking of 183 places →

More economy & growth data for Maldives

All data for Maldives →

Frequently asked questions

What is expense in Maldives?
Expense in Maldives was 29.5% in 2021, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest expense recorded in Maldives?
The highest recorded value was 35.3% in 2020.
What is the lowest expense recorded in Maldives?
The lowest recorded value was 16.6% in 1990.
How does Maldives rank for expense?
Maldives ranks 60th out of 157 countries with data for 2021.
Is expense rising or falling in Maldives?
Over the last ten years it is up 31.6%. The long-run trend across the full record is rising.
Where does this Maldives data come from?
The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (% of GDP). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 30 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Expense (% of GDP)
Unit
% of GDP
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
183 places, 5,211 data points, 1972–2024
Last refreshed

Expense is a decrease in net worth resulting from a transaction. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.