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GDP at Market price

Production Approach › Nominal GDPAnnualRufiyaa (MVR)

Latest
MVR 119.35bn
2025
On a year earlier
+10.1%
previous year
Trend growth, 10 years
5.8% a year
least-squares fit, R² 0.59

The whole record

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Source: Maldives Monetary Authority; Ministry of Finance and Planning; Maldives Bureau of Statistics, via the Maldives Monetary Authority statistics database.

What the numbers say

Short term

The latest readings
  • The latest figure is MVR 119.35 billion for 2025, up 10.1% on the year before.

Long term

The record as a whole
  • Trend growth over the past 10 years is 5.8% a year (least-squares fit on the logarithm; R² 0.59, a moderate fit, with sizeable swings around the path).
  • Measured end to end, compound growth is 15.9% a year over five years and 6.5% a year over ten.
  • The latest figure is the highest on record.
  • Year-on-year growth has typically varied by about 14.6 percentage points (one standard deviation) over the past five years.

How to read this series

Annual national accounts. The yearly benchmark: real and nominal GDP, the growth rate, GDP in US dollars and per person. A figure for the current year is an estimate or projection until the year is complete, and is marked as such.

  • Shown in current prices (nominal). Part of any long-run rise reflects inflation rather than a larger real amount.
  • A flow: it measures activity during each year, and years can be compared directly.
  • MMA's series includes a figure for 2026, a period that has not ended. Treat it as an estimate or projection; it is drawn dashed and left out of every calculation above.
  • Recent periods are often revised as fuller data arrive. The version comparison below shows what MMA has changed since this site began keeping copies.

MMA’s note: Market value of all goods and services produced in Maldives

Terms such as percentage points, flows and stocks, and trend growth are explained in How to read the tracker.

Revisions

This site holds one version of this series so far, first stored on 6 Oct 2026. Each time MMA adds a period or revises a past figure, a new version is kept alongside the old one and the two are charted against each other here.

Stored versions of GDP at Market price
VersionStoredMMA updatedCoversAddedRevisedRemoved
1 (current)6 Oct 20263 Sep 20262003 – 2026———

Sorted by Version, descending.

All figures

Every period on record, newest first. Sort by any column, filter, copy the table or download it as CSV.

Every observation of GDP at Market price
2026 (estimate or projection)MVR 124.46 billion—
2025MVR 119.35 billion+10.1%
2024MVR 108.37 billion+6.4%
2023MVR 101.86 billion+7.2%
2022MVR 95.05 billion+17.7%
2021MVR 80.74 billion+41.4%
2020MVR 57.1 billion−35.2%
2019MVR 88.08 billion+5.9%
2018MVR 83.18 billion+12.2%
2017MVR 74.11 billion+9.3%
2016MVR 67.77 billion+6.8%
2015MVR 63.46 billion+11.6%
2014MVR 56.87 billion+12.3%
2013MVR 50.63 billion+14.2%
2012MVR 44.35 billion+9.5%
2011MVR 40.51 billion+22.3%
2010MVR 33.13 billion+10.4%
2009MVR 30.02 billion+3.2%
2008MVR 29.08 billion+21.6%
2007MVR 23.92 billion+18.6%
2006MVR 20.16 billion+35.4%
2005MVR 14.89 billion−5.2%
2004MVR 15.7 billion+16.6%
2003MVR 13.47 billion—

Sorted by Period, descending.

About this series

Source
Maldives Monetary Authority; Ministry of Finance and Planning; Maldives Bureau of Statistics
Published by
MMA Statistics Database, series 38
MMA table
Real Sector › Annual National Accounts › Production Approach › Nominal GDP
Coverage
2003 to 2025 · 23 observations
MMA updated
3 Sep 2026
Last checked
22 Oct 2026

The analysis is calculated by Good Morning Maldives from the published figures; it describes the data and is not a forecast.