Gross fixed capital formation in Maldives
Maldives: Gross fixed capital formation was 1.06 billion constant 2015 US$ in 2024. ▼ Falling
Gross fixed capital formation in Maldives, 2014–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
The most recent figure for gross fixed capital formation in Maldives is 1.06 billion constant 2015 US$, measured in 2024.
Compared with earlier readings it is up 5.4% on the previous year and down 13.8% over ten years.
Over the whole period, gross fixed capital formation in Maldives peaked at 1.91 billion constant 2015 US$ in 2018 and was at its lowest, 790.72 million constant 2015 US$, in 2021.
That places Maldives 137th out of 160 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 11 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.55 billion constant 2015 US$ | 1.23 billion constant 2015 US$ | 1.91 billion constant 2015 US$ | 6 |
| 2020s | 943.37 million constant 2015 US$ | 790.72 million constant 2015 US$ | 1.06 billion constant 2015 US$ | 5 |
Countries ranked near Maldives
- 134 Montenegro 1.60 billion constant 2015 US$ compare
- 135 Bhutan 1.37 billion constant 2015 US$ compare
- 136 Djibouti 1.09 billion constant 2015 US$ compare
- 138 Greenland 1.05 billion constant 2015 US$ compare
- 139 Bermuda 872.17 million constant 2015 US$ compare
- 140 Gambia 845.19 million constant 2015 US$ compare
More economy & growth data for Maldives
- DEC alternative conversion factor 15.42 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -9.52 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) -617.31 million current US$ (2025)
- Taxes less subsidies on products 19.36 billion current LCU (2025)
- Taxes less subsidies on products 1.26 billion current US$ (2025)
- Net primary income (Net income from abroad) -12.35 billion current LCU (2025)
- Net primary income (Net income from abroad) -801.33 million current US$ (2025)
- GNI per capita 201,974 current LCU (2025)
- GNI per capita, Atlas method 12,950 current US$ (2025)
- GNI 106.98 billion current LCU (2025)
Frequently asked questions
- What is gross fixed capital formation in Maldives?
- Gross fixed capital formation in Maldives was 1.06 billion constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation recorded in Maldives?
- The highest recorded value was 1.91 billion constant 2015 US$ in 2018.
- What is the lowest gross fixed capital formation recorded in Maldives?
- The lowest recorded value was 790.72 million constant 2015 US$ in 2021.
- How does Maldives rank for gross fixed capital formation?
- Maldives ranks 137th out of 160 countries with data for 2024.
- Is gross fixed capital formation rising or falling in Maldives?
- Over the last ten years it is down 13.8%. The long-run trend across the full record is falling.
- 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 fixed capital formation (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.