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Economy Snapshot

Maldives Economy and Trade

MaléLocal time

GDP $7.74B · real growth 3.5% · source years shown below

Maldives' output measure stands at $7.74B in 2025; real GDP growth is listed separately at 3.5% for 2024. The supporting indicators include $13,379 GDP per capita for 2024 and 1.4% CPI inflation for 2024. Reference years remain attached to each series so readers can compare the figures without treating differently dated measures as one snapshot.

Nominal GDP
$7.74B
current US$ · 2025
World Bank
GDP per capita
$13,379
current US$ · 2024
Source listed below
Real GDP growth
3.5%
annual % · 2024
Source listed below
Inflation
1.4%
CPI annual % · 2024
Source listed below

Maldives at a Glance

Each measure keeps its actual reference year and definition.

Output trend

Nominal GDP · annual observations · current US$ · World Bank
201520172019202120232025$4.13B$7.74B
2015: $4.13B2016: $4.41B2017: $4.82B2018: $5.40B2019: $5.73B2020: $3.71B2021: $5.25B2022: $6.18B2023: $6.62B2024: $7.06B2025: $7.74B
GDP per capita$13,379
Real growth3.5%
GDP year2024
2024 Inflation
1.4%
CPI annual %
2025 Unemployment
4.5%
labor-market measure
2024 GDP per capita
$13,379
current US$

Macro signals and Merchandise trade

Available measures are shown with their reported reference periods.

Macro signals

World Bank annual observations
MACRO
Real growth20243.5%
Unemployment20254.5%
Inflation20241.4%

Merchandise trade

WTO profile · 2024 · USD
TRADE
Exports$92.4M
Imports$3.63B
Balance-$3.54B
Largest highlighted export destination
Thailand35.0%
Exports
$92.4M
Imports
$3.63B
Understand the numbers

What Maldives' economic profile is telling you

The Maldives page deliberately separates its latest annual observations: GDP, growth and CPI are 2024, while modeled unemployment is 2025. Tourism remains central to the economy, and matched 2024 WTO merchandise data show a large goods deficit because the island economy imports far more merchandise than it exports.

Reading the macro data

Nominal GDP measures current-dollar size. Real growth, inflation and unemployment describe different economic conditions and can have different reference years.

Reading the trade data

Merchandise trade covers goods. A balance appears only when exports and imports have a verified matching year and currency basis.

Detailed Economic Data

IndicatorMaldivesReference periodStatus
GDPcurrent US$$7.74B2025Actual
GDP per capitacurrent US$$13,3792024Actual
Real GDP growthannual %3.5%2024Actual
InflationCPI annual %1.4%2024Actual
Unemploymentmodeled ILO estimate4.5%2025Estimate
Merchandise exportscurrent USD$92.4M2024Actual
Merchandise importscurrent USD$3.63B2024Actual

Frequently Asked Questions

What is Maldives' latest GDP?

The latest World Bank nominal GDP observation used here is $7.74B for 2025 in current US dollars.

What does merchandise trade show for the Maldives?

Merchandise exports were $92.4M and imports were $3.63B in 2024, giving a same-year goods balance of -$3.54B.

Sources & methodology

Sources for the economic indicators and definitions shown above.

View sources used for this page
WTO Tariff and Trade Data

Matched-year merchandise exports and imports from the WTO economy profile.