Goods and services expense in Maldives

Maldives: Goods and services expense was 4.63 billion current LCU in 2021. ◆ Volatile

Latest (2021)
4.63 billion current LCU
Change on year
up 40.1%
World rank
113th
of 155 countries
All-time high
4.95 billion current LCU
in 2007
All-time low
11.70 million current LCU
in 1979
Years of data
40
1979–2021

Goods and services expense in Maldives, 1979–2021

01.0B2.0B3.0B4.0B5.0B1979200020211979: 11.7M current LCU1980: 16.5M current LCU1981: 21.8M current LCU1982: 28.9M current LCU1983: 36.4M current LCU1984: 43.0M current LCU1985: 49.1M current LCU1986: 63.9M current LCU1987: 80.4M current LCU1988: 103.3M current LCU1990: 233.9M current LCU1991: 281.5M current LCU1992: 366.4M current LCU1993: 415.8M current LCU1994: 442.9M current LCU1995: 555.7M current LCU1996: 595.9M current LCU1997: 799.2M current LCU1998: 897.7M current LCU1999: 1.1B current LCU2000: 1.3B current LCU2001: 1.3B current LCU2002: 1.4B current LCU2003: 1.6B current LCU2004: 1.9B current LCU2005: 3.3B current LCU2006: 4.2B current LCU2007: 4.9B current LCU2008: 4.1B current LCU2009: 4.8B current LCU2010: 4.6B current LCU2011: 1.6B current LCU2014: 2.3B current LCU2015: 3.6B current LCU2016: 3.2B current LCU2017: 2.9B current LCU2018: 3.2B current LCU2019: 4.0B current LCU2020: 3.3B current LCU2021: 4.6B current LCU

Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.

Analysis

Maldives recorded 4.63 billion current LCU for goods and services expense in 2021.

Compared with earlier readings it is up 40.1% on the previous year and up 184.3% over ten years.

Over the whole period, goods and services expense in Maldives peaked at 4.95 billion current LCU in 2007 and was at its lowest, 11.70 million current LCU, in 1979.

That places Maldives 113th out of 155 countries with data for 2021, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1970s 11.70 million current LCU 11.70 million current LCU 11.70 million current LCU 1
1980s 49.26 million current LCU 16.50 million current LCU 103.30 million current LCU 9
1990s 564.47 million current LCU 233.90 million current LCU 1.06 billion current LCU 10
2000s 2.88 billion current LCU 1.27 billion current LCU 4.95 billion current LCU 10
2010s 3.19 billion current LCU 1.63 billion current LCU 4.63 billion current LCU 8
2020s 3.96 billion current LCU 3.30 billion current LCU 4.63 billion current LCU 2

Countries ranked near Maldives

  1. 110 Bhutan 8.32 billion current LCU compare
  2. 111 Belgium 6.97 billion current LCU compare
  3. 112 Slovakia 4.63 billion current LCU compare
  4. 114 Papua New Guinea 4.11 billion current LCU compare
  5. 115 Bosnia and Herzegovina 3.29 billion current LCU compare
  6. 116 Croatia 3.19 billion current LCU compare

See the full ranking of 155 places →

More public sector data for Maldives

All data for Maldives →

Frequently asked questions

What is goods and services expense in Maldives?
Goods and services expense in Maldives was 4.63 billion current LCU in 2021, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest goods and services expense recorded in Maldives?
The highest recorded value was 4.95 billion current LCU in 2007.
What is the lowest goods and services expense recorded in Maldives?
The lowest recorded value was 11.70 million current LCU in 1979.
How does Maldives rank for goods and services expense?
Maldives ranks 113th out of 155 countries with data for 2021.
Is goods and services expense rising or falling in Maldives?
Over the last ten years it is up 184.3%. The long-run trend across the full record is volatile.
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 Goods and services expense (current LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
Goods and services expense (current LCU)
Unit
current LCU
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
155 places, 4,479 data points, 1972–2024
Last refreshed

Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for account capital formation is excluded. 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.