Maldives Gdp 2019
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Gdp annual growth rate in maldives averaged 613 percent from 1997 until 2020 reaching an all time high of 1960 percent in the fourth quarter of 2006 and a record low of 870 percent in the fourth quarter of 2005.
Maldives gdp 2019. The maldivess gdp growth is expected at 113 in 2020 and 137 in 2021. Total arrivals reached a record 17 million. Tourism is the largest industry in the maldives accounting for 28 of gdp and more than 60 of the maldives foreign exchange receipts.
1980 2019 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992 1991 1990 1989 1988 1987 1986 1985 1984 1983 1982 1981 1980 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993. Maldives gdp growth rate for 2018 was 689 a 009 increase from 2017. The gross domestic product gdp in maldives contracted 590 percent in the first quarter of 2020 over the same quarter of the previous year.
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 gross domestic product per capita in maldives was last recorded at 1891430 us dollars in 2019 when adjusted by purchasing power parity ppp. After three years of rapid expansion real gdp growth decelerated to an estimated 52 percent in 2019 due to a slowdown in retail trade and construction.
Tourism flourished in 2019 as visitor arrivals grew by 147 percent y o y. The gross domestic product per capita in maldives was last recorded at 820950 us dollars in 2019. Maldives gdp growth rate for 2017 was 680 a 047 increase from 2016.
It powered the current gdp per capita to expand 265 in the 1980s and a further 115 in the. Tourism value added expanded by only 97 06 percentage points lower than in 2017. The gdp per capita in maldives is equivalent to 65 percent of the worlds average.
Maldives gdp growth rate for 2019 was 522 a 167 decline from 2018. The overall consumer price index cpi remained unchanged in h1 2019. 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 per capita in maldives when adjusted by purchasing power parity is equivalent to 106 percent of the worlds average.
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