Gross fixed capital formation in Maldives
Maldives: Gross fixed capital formation was 22.22 billion constant LCU 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 LCU.
Analysis
Maldives recorded 22.22 billion constant LCU for gross fixed capital formation in 2024.
That represents a change of 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 39.98 billion constant LCU in 2018 and was at its lowest, 16.58 billion constant LCU, in 2021.
Maldives ranks 118th of 167 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 11 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 32.42 billion constant LCU | 25.79 billion constant LCU | 39.98 billion constant LCU | 6 |
| 2020s | 19.78 billion constant LCU | 16.58 billion constant LCU | 22.22 billion constant LCU | 5 |
Countries ranked near Maldives
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 22.22 billion constant LCU 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 39.98 billion constant LCU in 2018.
- What is the lowest gross fixed capital formation recorded in Maldives?
- The lowest recorded value was 16.58 billion constant LCU in 2021.
- How does Maldives rank for gross fixed capital formation?
- Maldives ranks 118th out of 167 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 LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 11 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 varies by country. This series is expressed in local currency units.