mv Maldives 2020

Detailed economic analysis and indicators for 2020

Year 2020

Key Economic Indicators (2020)

GDP (Current USD)

$3.71 billion

↓ 35.16% vs 2019
GDP per Capita

$7,393.89

↓ 37.02% vs 2019
GDP Growth (Annual %)

-32.91%

↓ 40.21pp vs 2019
Inflation Rate (CPI %)

-1.37%

↓ 1.59pp vs 2019

Year-over-Year Comparison

Indicator 2019 2020 Change
GDP (Current USD) $5.73 billion $3.71 billion -35.16%
GDP per Capita $11,740.27 $7,393.89 -37.02%
GDP Growth (Annual %) 7.30% -32.91% -40.21pp
Inflation (CPI %) 0.22% -1.37% -1.59pp
Unemployment Rate (%) 4.56% 5.43% +0.87pp

All Economic Indicators (2020)

National Accounts
GDP (Current USD)
$3.71 billion
GDP per Capita
$7,393.89
GDP Growth (Annual %)
-32.91%
Gross National Income
$3.41 billion
Prices & Employment
Inflation (CPI %)
-1.37%
Inflation (GDP Deflator %)
-3.37%
Unemployment Rate (%)
5.43%
Interest Rate (Real %)
15.49%
Trade & Investment
Exports (Goods & Services)
N/A
Imports (Goods & Services)
N/A
FDI Inflow
N/A
FDI Outflow
N/A
Balance & Debt
Current Account Balance (% GDP)
-35.75%
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2020, Maldives's Gross Domestic Product (GDP) is $3.71 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Maldives for 2020 is $7,393.89. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in Maldives for 2020 is -1.37%. This measures the annual percentage change in the cost of consumer goods and services.

Maldives's annual GDP growth rate for 2020 is -32.91%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Maldives for 2020 is 5.43%. This represents the percentage of the labor force that is unemployed and actively seeking employment.