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GDP at Market price

Production Approach › Real GDPAnnualRufiyaa (MVR)

Latest
MVR 107.1bn
2025
On a year earlier
+6.3%
previous year
Trend growth, 10 years
4.3% a year
least-squares fit, R² 0.51

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 107.1 billion for 2025, up 6.3% on the year before.

Long term

The record as a whole
  • Trend growth over the past 10 years is 4.3% a year (least-squares fit on the logarithm; R² 0.51, a moderate fit, with sizeable swings around the path).
  • Measured end to end, compound growth is 12.6% a year over five years and 4.9% a year over ten.
  • The latest figure is the highest on record.
  • Year-on-year growth has typically varied by about 14.1 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.

  • Measured at constant prices, so changes reflect volumes rather than prices. The level depends on the base year; the growth rate is the meaningful reading.
  • 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: Value of goods and services produced during a given period holding prices constant, plus taxes less subsidies

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

What is driving it

How much each component added to, or took from, the total’s growth on a year earlier.

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Each bar segment is a component’s change over the year as a share of the total a year earlier, in percentage points; the segments add up to the line. Calculation by Good Morning Maldives from MMA data.
Components of GDP at Market price
Taxes less subsidiesMVR 12.13bn
Total GVA at basic pricesMVR 94.97bn

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 111.46 billion—
2025MVR 107.1 billion+6.3%
2024MVR 100.74 billion+3.4%
2023MVR 97.41 billion+5.3%
2022MVR 92.49 billion+13.8%
2021MVR 81.26 billion+37.5%
2020MVR 59.09 billion−32.9%
2019MVR 88.08 billion+6.9%
2018MVR 82.38 billion+8.6%
2017MVR 75.87 billion+7.1%
2016MVR 70.86 billion+6.4%
2015MVR 66.61 billion+3.9%
2014MVR 64.13 billion+7.9%
2013MVR 59.46 billion+7.0%
2012MVR 55.58 billion+2.4%
2011MVR 54.29 billion+8.8%
2010MVR 49.88 billion+6.8%
2009MVR 46.71 billion−8.3%
2008MVR 50.96 billion+9.0%
2007MVR 46.76 billion+7.1%
2006MVR 43.65 billion+23.6%
2005MVR 35.3 billion−11.2%
2004MVR 39.75 billion+5.9%
2003MVR 37.52 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 4
MMA table
Real Sector › Annual National Accounts › Production Approach › Real 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.