Gross capital formation in Maldives

Maldives: Gross capital formation was 33.47 billion current LCU in 2024. ▲ Rising

Latest (2024)
33.47 billion current LCU
Change on year
down 0.6%
World rank
131st
of 186 countries
All-time high
40.73 billion current LCU
in 2018
All-time low
15.84 billion current LCU
in 2014
Years of data
11
2014–2024

Gross capital formation in Maldives, 2014–2024

010.0B20.0B30.0B40.0B2014201920242014: 15.8B current LCU2015: 20.2B current LCU2016: 27.0B current LCU2017: 31.7B current LCU2018: 40.7B current LCU2019: 38.0B current LCU2020: 20.3B current LCU2021: 20.3B current LCU2022: 31.4B current LCU2023: 33.7B current LCU2024: 33.5B current LCU

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

Analysis

The most recent figure for gross capital formation in Maldives is 33.47 billion current LCU, measured in 2024.

Compared with earlier readings it is down 0.6% on the previous year and up 111.2% over ten years.

Over the whole period, gross capital formation in Maldives peaked at 40.73 billion current LCU in 2018 and was at its lowest, 15.84 billion current LCU, in 2014.

That places Maldives 131st out of 186 countries with data for 2024, putting it 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 28.92 billion current LCU 15.84 billion current LCU 40.73 billion current LCU 6
2020s 27.82 billion current LCU 20.28 billion current LCU 33.67 billion current LCU 5

Countries ranked near Maldives

  1. 128 Vanuatu 40.35 billion current LCU compare
  2. 129 Sierra Leone 39.23 billion current LCU compare
  3. 130 Libya 36.42 billion current LCU compare
  4. 132 Trinidad and Tobago 32.09 billion current LCU compare
  5. 133 Panama 29.01 billion current LCU compare
  6. 134 Slovakia 27.47 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 gross capital formation in Maldives?
Gross capital formation in Maldives was 33.47 billion current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest gross capital formation recorded in Maldives?
The highest recorded value was 40.73 billion current LCU in 2018.
What is the lowest gross capital formation recorded in Maldives?
The lowest recorded value was 15.84 billion current LCU in 2014.
How does Maldives rank for gross capital formation?
Maldives ranks 131st out of 186 countries with data for 2024.
Is gross capital formation rising or falling in Maldives?
Over the last ten years it is up 111.2%. 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 Organizations and/or Central Banks, published as part of Gross capital formation (current LCU). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 11 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Gross capital formation (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, 8,699 data points, 1960–2025
Last refreshed

Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. 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.