General government final consumption expenditure in Maldives

Maldives: General government final consumption expenditure was 18.98 billion current LCU in 2024. ▲ Rising

Latest (2024)
18.98 billion current LCU
Change on year
up 9.3%
World rank
139th
of 186 countries
All-time high
18.98 billion current LCU
in 2024
All-time low
10.69 billion current LCU
in 2014
Years of data
11
2014–2024

General government final consumption expenditure in Maldives, 2014–2024

05.0B10.0B15.0B20.0B2014201920242014: 10.7B current LCU2015: 11.5B current LCU2016: 12.0B current LCU2017: 10.8B current LCU2018: 12.0B current LCU2019: 14.6B current LCU2020: 13.1B current LCU2021: 15.1B current LCU2022: 16.4B current LCU2023: 17.4B current LCU2024: 19.0B current LCU

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

Analysis

The most recent figure for general government final consumption expenditure in Maldives is 18.98 billion current LCU, measured in 2024. That is the highest value across all 11 years on record.

Compared with earlier readings it is up 9.3% on the previous year and up 77.6% over ten years.

Over the whole period, general government final consumption expenditure in Maldives peaked at 18.98 billion current LCU in 2024 and was at its lowest, 10.69 billion current LCU, in 2014.

Maldives ranks 139th of 186 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

DecadeAverage LowestHighest Years
2010s 11.92 billion current LCU 10.69 billion current LCU 14.60 billion current LCU 6
2020s 16.18 billion current LCU 13.12 billion current LCU 18.98 billion current LCU 5

Countries ranked near Maldives

  1. 136 Azerbaijan 20.05 billion current LCU compare
  2. 137 Eswatini 19.15 billion current LCU compare
  3. 138 Gambia 19.02 billion current LCU compare
  4. 140 Luxembourg 17.77 billion current LCU compare
  5. 141 Tajikistan 17.60 billion current LCU compare
  6. 142 Lesotho 16.77 billion current LCU compare

See the full ranking of 186 places →

More economy & growth data for Maldives

All data for Maldives →

Frequently asked questions

What is general government final consumption expenditure in Maldives?
General government final consumption expenditure in Maldives was 18.98 billion current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest general government final consumption expenditure recorded in Maldives?
The highest recorded value was 18.98 billion current LCU in 2024.
What is the lowest general government final consumption expenditure recorded in Maldives?
The lowest recorded value was 10.69 billion current LCU in 2014.
How does Maldives rank for general government final consumption expenditure?
Maldives ranks 139th out of 186 countries with data for 2024.
Is general government final consumption expenditure rising or falling in Maldives?
Over the last ten years it is up 77.6%. 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 General government final consumption expenditure (current LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
General government 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
186 places, 8,735 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. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. 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.