Final consumption expenditure in Maldives

Maldives: Final consumption expenditure was 4.89 billion current US$ in 2024. ▲ Rising

Latest (2024)
4.89 billion current US$
Change on year
up 8.3%
World rank
156th
of 187 countries
All-time high
4.89 billion current US$
in 2024
All-time low
2.05 billion current US$
in 2014
Years of data
11
2014–2024

Final consumption expenditure in Maldives, 2014–2024

01.0B2.0B3.0B4.0B5.0B2014201920242014: 2.1B current US$2015: 2.4B current US$2016: 2.7B current US$2017: 2.9B current US$2018: 3.3B current US$2019: 3.6B current US$2020: 3.1B current US$2021: 3.4B current US$2022: 3.9B current US$2023: 4.5B current US$2024: 4.9B current US$

Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.

Analysis

In 2024, final consumption expenditure in Maldives stood at 4.89 billion current US$. That is the highest value across all 11 years on record.

That represents a change of up 8.3% on the previous year and up 138.2% over ten years.

Over the whole period, final consumption expenditure in Maldives peaked at 4.89 billion current US$ in 2024 and was at its lowest, 2.05 billion current US$, in 2014.

Maldives ranks 156th 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 2.84 billion current US$ 2.05 billion current US$ 3.60 billion current US$ 6
2020s 3.97 billion current US$ 3.06 billion current US$ 4.89 billion current US$ 5

Countries ranked near Maldives

  1. 153 Sierra Leone 6.28 billion current US$ compare
  2. 154 Fiji 5.33 billion current US$ compare
  3. 155 Bermuda 5.06 billion current US$ compare
  4. 157 United States Virgin Islands 4.83 billion current US$ compare
  5. 158 Eswatini 4.13 billion current US$ compare
  6. 159 Djibouti 3.87 billion current US$ compare

See the full ranking of 230 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 4.89 billion current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest final consumption expenditure recorded in Maldives?
The highest recorded value was 4.89 billion current US$ in 2024.
What is the lowest final consumption expenditure recorded in Maldives?
The lowest recorded value was 2.05 billion current US$ in 2014.
How does Maldives rank for final consumption expenditure?
Maldives ranks 156th 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 138.2%. 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 Offices (NSOs), published as part of Final consumption expenditure (current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Final consumption expenditure (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
230 places, 11,127 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 indicator is expressed in United States dollars.