Maldives

Maldives Gdp 2018

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Gdp annual growth rate in maldives is expected to be 1770 percent by the end of this quarter according to trading economics global macro models and analysts expectations.

Maldives gdp 2018. Gdp in maldives averaged 146 usd billion from 1980 until 2019 reaching an all time high of 573 usd billion in 2019 and a record low of 0. 5327457150 us dollars in 2018 in 2018 gdp for maldives was 5327 million us dollars. Gdp current us maldives.

Maldives ranks 101 out of 189 countries in the human development index hdi for 2017 the second highest hdi rank in south asia. World bank national accounts data and oecd national accounts data files. The absolute value of gdp in maldives rose 470 million with respect to 2017.

The countrys gdp per capita reached 11890 in 2018 compared to 200 in 1978. Maldives economic update 2019 1 gross domestic product gdp growth marginally rose to 69 in 2018 from 68 in 2017 given robust construction activities tourism and supporting services. The gdp figure in 2018 was 5328 million maldives is number 155 in the ranking of gdp of the 196 countries that we publish.

Nowadays the mixed economy of the maldives is based on the principal activities of tourism fishing and shipping. Ados 2020 june 2020 the maldivess inflation rates forecasted at 10 in 2020 and 12 in 2021. It powered the current gdp per capita to expand 265 in the 1980s and a further 115 in the.

Tourism is the largest industry in the maldives accounting for 28 of gdp and more than 60 of the maldives foreign exchange receipts. Between 1999 and 2018 gdp of maldives grew substantially from 076 to 533 billion us dollars rising at an increasing annual rate that reached a maximum of 3543 in 2006 and then decreased to 967 in 2018. 533 billion us dollars in 2018 in 2018 gdp for maldives was 533 billion us dollars.

The gross domestic product gdp in maldives was worth 573 billion us dollars in 2019 according to official data from the world bank and projections from trading economics. The gdp value of maldives represents less than 001 percent of the world economy. The maldivess gdp growth is expected at 113 in 2020 and 137 in 2021.

Tourism value added expanded by only 97 06 percentage points lower than in 2017.

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