The gross domestic product in Maldives expanded 8.6% year-on-year in Q3 2025, easing from a 9% growth in the previous period. GDP Annual Growth Rate in Maldives averaged 6.75 percent from 1997 until 2025, reaching an all time high of 67.10 percent in the third quarter of 2021 and a record low of -48.50 percent in the second quarter of 2020. source: Maldives Bureau of Statistics

GDP Annual Growth Rate in Maldives is expected to be 3.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Maldives GDP Annual Growth Rate is projected to trend around 4.20 percent in 2027, according to our econometric models.



Related Last Previous Unit Reference
GDP Annual Growth Rate 8.60 9.00 percent Sep 2025
GDP Constant Prices 26457.00 25347.70 MVR Million Sep 2025
GDP from Agriculture 245.30 242.50 MVR Million Sep 2025
GDP from Construction 1228.20 1049.10 MVR Million Sep 2025
GDP from Manufacturing 427.90 463.50 MVR Million Sep 2025
GDP from Public Administration 2125.70 2064.90 MVR Million Sep 2025
GDP from Services 20379.70 19274.10 MVR Million Sep 2025
GDP from Transport 3171.70 3067.80 MVR Million Sep 2025
GDP from Utilities 645.40 654.20 MVR Million Sep 2025


Maldives GDP Annual Growth Rate
Maldives is a small island nation, having 90 percent of its territory covered in water. Tourism, fishing and shipping are the most important sectors of the economy. Tourism accounts for more than 30 percent of GDP and over 60 percent of foreign currency earnings. Yet, fishing is the country’s largest employer. The government controls a large part of the economy and 90 percent of its revenue comes from tourism and trade tariffs. Following the ousting of President Nasheed, foreign direct investment has declined due to uncertainty surrounding the country’s political future.
Actual Previous Highest Lowest Dates Unit Frequency
8.60 9.00 67.10 -48.50 1997 - 2025 percent Quarterly