Gross fixed capital formation in Maldives

Maldives: Gross fixed capital formation was 5.4% in 2024. ◆ Volatile

Latest (2024)
5.4%
Change on year
up 290.4%
World rank
76th
of 166 countries
All-time high
30.9%
in 2022
All-time low
-55.4%
in 2020
Years of data
10
2015–2024

Gross fixed capital formation in Maldives, 2015–2024

-60-40-20020402015201920242015: 11.8 annual % growth2016: 2.2 annual % growth2017: 7.4 annual % growth2018: 26.4 annual % growth2019: -2.9 annual % growth2020: -55.4 annual % growth2021: -4.2 annual % growth2022: 30.9 annual % growth2023: -2.8 annual % growth2024: 5.4 annual % growth

Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.

Analysis

In 2024, gross fixed capital formation in Maldives stood at 5.4%.

That represents a change of up 290.4% on the previous year and down 54.3% over ten years.

Over the whole period, gross fixed capital formation in Maldives peaked at 30.9% in 2022 and was at its lowest, -55.4%, in 2020.

That places Maldives 76th out of 166 countries with data for 2024, 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
2010s 9.0% -2.9% 26.4% 5
2020s -5.2% -55.4% 30.9% 5

Countries ranked near Maldives

  1. 73 Bhutan 5.7% compare
  2. 74 Kenya 5.6% compare
  3. 75 Ecuador 5.6% compare
  4. 77 Indonesia 5.1% compare
  5. 78 Tajikistan 5.1% compare
  6. 79 Albania 5.0% compare

See the full ranking of 199 places →

More economy & growth data for Maldives

All data for Maldives →

Frequently asked questions

What is gross fixed capital formation in Maldives?
Gross fixed capital formation in Maldives was 5.4% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest gross fixed capital formation recorded in Maldives?
The highest recorded value was 30.9% in 2022.
What is the lowest gross fixed capital formation recorded in Maldives?
The lowest recorded value was -55.4% in 2020.
How does Maldives rank for gross fixed capital formation?
Maldives ranks 76th out of 166 countries with data for 2024.
Is gross fixed capital formation rising or falling in Maldives?
Over the last ten years it is down 54.3%. The long-run trend across the full record is volatile.
Where does this Maldives data come from?
The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross fixed capital formation (annual % growth). Statizoid updates them automatically from the source API.

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About this data

Indicator
Gross fixed capital formation (annual % growth)
Unit
annual % growth
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
199 places, 8,106 data points, 1961–2025
Last refreshed

Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.