Final consumption expenditure in Maldives

Maldives: Final consumption expenditure was 75.26 billion current LCU in 2024. ▲ Rising

Latest (2024)
75.26 billion current LCU
Change on year
up 8.3%
World rank
143rd
of 187 countries
All-time high
75.26 billion current LCU
in 2024
All-time low
31.58 billion current LCU
in 2014
Years of data
11
2014–2024

Final consumption expenditure in Maldives, 2014–2024

020.0B40.0B60.0B80.0B2014201920242014: 31.6B current LCU2015: 37.4B current LCU2016: 41.6B current LCU2017: 45.2B current LCU2018: 50.4B current LCU2019: 55.4B current LCU2020: 47.0B current LCU2021: 52.7B current LCU2022: 60.7B current LCU2023: 69.5B current LCU2024: 75.3B current LCU

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.

Analysis

The most recent figure for final consumption expenditure in Maldives is 75.26 billion current LCU, measured in 2024. That is the highest value across all 11 years on record.

Compared with earlier readings it is up 8.3% on the previous year and up 138.3% over ten years.

Over the whole period, final consumption expenditure in Maldives peaked at 75.26 billion current LCU in 2024 and was at its lowest, 31.58 billion current LCU, in 2014.

Maldives ranks 143rd of 187 countries on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 11 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2010s 43.61 billion current LCU 31.58 billion current LCU 55.43 billion current LCU 6
2020s 61.04 billion current LCU 47.04 billion current LCU 75.26 billion current LCU 5

Countries ranked near Maldives

  1. 140 Bulgaria 92.03 billion current LCU compare
  2. 141 Georgia 88.43 billion current LCU compare
  3. 142 Eswatini 75.65 billion current LCU compare
  4. 144 Croatia 74.81 billion current LCU compare
  5. 145 Lithuania 62.27 billion current LCU compare
  6. 146 Lesotho 61.32 billion current LCU compare

See the full ranking of 187 places →

More economy & growth data for Maldives

All data for Maldives →

Frequently asked questions

What is final consumption expenditure in Maldives?
Final consumption expenditure in Maldives was 75.26 billion current 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 75.26 billion current LCU in 2024.
What is the lowest final consumption expenditure recorded in Maldives?
The lowest recorded value was 31.58 billion current LCU in 2014.
How does Maldives rank for final consumption expenditure?
Maldives ranks 143rd out of 187 countries with data for 2024.
Is final consumption expenditure rising or falling in Maldives?
Over the last ten years it is up 138.3%. 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 (current LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
Final consumption expenditure (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
187 places, 8,766 data points, 1960–2025
Last refreshed

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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.