Final consumption expenditure in Maldives
Maldives: Final consumption expenditure was 65.49 billion constant LCU in 2024. ▲ Rising
Final consumption expenditure in Maldives, 2014–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
In 2024, final consumption expenditure in Maldives stood at 65.49 billion constant LCU. That is the highest value across all 11 years on record.
The figure is up 5.8% on the previous year and up 73.0% over ten years.
Over the whole period, final consumption expenditure in Maldives peaked at 65.49 billion constant LCU in 2024 and was at its lowest, 37.85 billion constant LCU, in 2014.
Maldives ranks 129th of 176 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 11 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 45.48 billion constant LCU | 37.85 billion constant LCU | 55.43 billion constant LCU | 6 |
| 2020s | 56.93 billion constant LCU | 48.04 billion constant LCU | 65.49 billion constant LCU | 5 |
Countries ranked near Maldives
More economy & growth data for Maldives
- DEC alternative conversion factor 15.42 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -9.52 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) -617.31 million current US$ (2025)
- Taxes less subsidies on products 19.36 billion current LCU (2025)
- Taxes less subsidies on products 1.26 billion current US$ (2025)
- Net primary income (Net income from abroad) -12.35 billion current LCU (2025)
- Net primary income (Net income from abroad) -801.33 million current US$ (2025)
- GNI per capita 201,974 current LCU (2025)
- GNI per capita, Atlas method 12,950 current US$ (2025)
- GNI 106.98 billion current LCU (2025)
Frequently asked questions
- What is final consumption expenditure in Maldives?
- Final consumption expenditure in Maldives was 65.49 billion constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest final consumption expenditure recorded in Maldives?
- The highest recorded value was 65.49 billion constant LCU in 2024.
- What is the lowest final consumption expenditure recorded in Maldives?
- The lowest recorded value was 37.85 billion constant LCU in 2014.
- How does Maldives rank for final consumption expenditure?
- Maldives ranks 129th out of 176 countries with data for 2024.
- Is final consumption expenditure rising or falling in Maldives?
- Over the last ten years it is up 73.0%. The long-run trend across the full record is rising.
- Where does this Maldives data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Final consumption expenditure (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.