Gross savings in Maldives
Maldives: Gross savings was 790.43 million current US$ in 2024. ▼ Falling
Gross savings in Maldives, 2014–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2024, gross savings in Maldives stood at 790.43 million current US$.
That represents a change of down 2.3% on the previous year and down 19.5% over ten years.
Over the whole period, gross savings in Maldives peaked at 1.14 billion current US$ in 2018 and was at its lowest, -10.67 million current US$, in 2020.
That places Maldives 145th out of 177 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 11 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 979.80 million current US$ | 721.09 million current US$ | 1.14 billion current US$ | 6 |
| 2020s | 698.05 million current US$ | -10.67 million current US$ | 1.03 billion current US$ | 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 savings in Maldives?
- Gross savings in Maldives was 790.43 million current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in Maldives?
- The highest recorded value was 1.14 billion current US$ in 2018.
- What is the lowest gross savings recorded in Maldives?
- The lowest recorded value was -10.67 million current US$ in 2020.
- How does Maldives rank for gross savings?
- Maldives ranks 145th out of 177 countries with data for 2024.
- Is gross savings rising or falling in Maldives?
- Over the last ten years it is down 19.5%. 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 Offices (NSOs), published as part of Gross savings (current US$). Statizoid updates them automatically from the source API.
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About this data
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.