Maldives - Economic Forecasts - 2018-2020 Outlook

This page has economic forecasts for Maldives including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Maldives economy.


MARKETS Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Currency 15.42
15.83 16.25 16.68 17.13 19.02
GDP Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
GDP Annual Growth Rate 6.90
percent
6 6 6 6 5.8
GDP 3.59
USD Billion
3.72 3.75 3.77 3.8 4.2
GDP per capita 7367.10
USD
7274 7300 7326 7352 7074
GDP per capita PPP 12235.50
USD
12103 12146 12190 12233 11885
Gdp Constant Prices 66008.00
MVR Million
63942 64971 66001 67031 69146
Gdp From Agriculture 3047.00
MVR Million
3078 3068 3058 3047 2971
Gdp From Construction 4123.00
MVR Million
3705 3909 4112 4316 4353
Gdp From Manufacturing 1238.00
MVR Million
1145 1164 1183 1201 1128
Gdp From Public Administration 4723.00
MVR Million
4618 4677 4735 4793 4638
Gdp From Services 45750.00
MVR Million
44769 45272 45774 46276 45522
Gdp From Transport 3991.00
MVR Million
4012 4015 4018 4021 3534
Gdp From Utilities 1053.00
MVR Million
967 1004 1042 1080 1217
LABOUR Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Unemployment Rate 3.20
percent
5 5 2.9 5 6
Population 0.42
Million
0.41 0.42 0.42 0.42 0.45
PRICES Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Inflation Rate 1.60
percent
2.6 2.7 3.7 2.9 2.1
Food Inflation -0.20
percent
0.5 1.25 1.55 1.61 1.59
Consumer Price Index Cpi 111.14
Index Points
111 111 110 110 109
MONEY Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Interest Rate 7.00
percent
7 7 6.75 6.75 6.25
Deposit Interest Rate 3.80
percent
3.55 3.7 3.86 4.02 5.17
Foreign Exchange Reserves 8162.30
MVR Million
7856 7744 7638 11100 13000
TRADE Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Balance of Trade -166.40
USD Million
-169 -167 -165 -163 -147
Exports 27.50
USD Million
23.21 22.46 22.16 22.05 21.99
Imports 194.00
USD Million
193 191 190 172 190
Current Account -840.00
USD Million
-349 -429 -508 -588 -224
Current Account to GDP -22.30
percent
-17 -17 -17 -17 -8
Tourist Arrivals 120506.00
107300 103700 102100 101400 100900
External Debt 846.10
USD Million
782 803 823 844 842
Capital Flows -811.70
USD Million
-479 -507 -534 -562 -437
Foreign Direct Investment 384.70
USD Million
331 313 294 276 299
GOVERNMENT Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Government Debt to GDP 20.30
percent
25 25 25 25 24
Government Budget -2.00
percent of GDP
-6.04 -4.09 -2.15 -0.21 -4.29
Fiscal Expenditure 1507.60
MVR Million
1793 1782 1783 1783 1783
Government Budget Value -357.20
MVR Million
-297 -292 -293 -292 -292
Government Revenues 1150.50
MVR Million
1497 1498 1498 1498 1498
BUSINESS Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Capacity Utilization 63.20
percent
68.35 68.03 67.75 67.74 67.77
Internet Speed 3763.46
KBps
3109 2913 2719 2488 1433
IP Addresses 24100.00
IP
23092 22978 22751 22571 20680
Ease of Doing Business 136.00
132 130 129 128 99
Corruption Index 36.00
Points
36 36 36 37 32
Corruption Rank 95.00
96 95 94 92 113
Business Confidence -24.00
Index Points
31 31 -23.44 25.23 4.87
TAXES Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Corporate Tax Rate 0.00
percent
0 0 0 0 0
CLIMATE Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Precipitation 253.89
mm
119 183 190 224 183
Temperature 28.12
celsius
27.91 28.32 27.56 27.45 28.43