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Secondary

GDP at market price › Total GVA at basic pricesMonthlyRufiyaa (MVR)Part of Total GVA at basic prices

Latest
MVR 884.3m
Jul 2026
On a year earlier
+22.5%
same period last year
2026 to date
MVR 5.37bn
+8.7% on the same stretch of 2025
Trend growth, 10 years
-1% a year
least-squares fit, R² 0.04

The whole record

Loading chart…

Source: 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 884.3 million for Jul 2026, up 10.3% from Jun 2026 and up 22.5% on the same month a year earlier.
  • In the first 7 months of 2026 the total was MVR 5.37 billion, up 8.7% on the same stretch of 2025.
  • Over the latest 12 months it came to MVR 8.98 billion, up 6.7% on the 12 months before.
  • The change on a year earlier averaged +17.9% over the last three months, against +4.0% in the three months before: the year-on-year pace has picked up.

Long term

The record as a whole
  • Trend growth over the past 10 years is -1% a year (least-squares fit on the logarithm; R² 0.04, a loose fit: the series has not followed a steady path, and this rate says little).
  • Measured end to end, compound growth is 7.3% a year over five years and 1.8% a year over ten, on 12-month totals.
  • The record high (12-month total) was MVR 10.52 billion in the year to Dec 2019; the latest is 14.6% below it.
  • Year-on-year growth has typically varied by about 14.2 percentage points (one standard deviation) over the past five years.

How to read this series

Monthly GDP indicator. A monthly estimate of real GDP, split into primary (farming and fishing), secondary (manufacturing, utilities, construction) and tertiary (services) activity. It is the earliest signal of where output is heading and is more volatile than the quarterly figures.

  • 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 month, and months add up to an annual total.
  • Recent periods are often revised as fuller data arrive. The version comparison below shows what MMA has changed since this site began keeping copies.

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 Secondary
VersionStoredMMA updatedCoversAddedRevisedRemoved
1 (current)6 Oct 202621 Sep 2026Jan 2014 – Jul 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 Secondary
Jul 2026MVR 884.3 million+22.5%
Jun 2026MVR 801.4 million+22.2%
May 2026MVR 738 million+9.0%
Apr 2026MVR 828.9 million+13.7%
Mar 2026MVR 704.2 million+13.4%
Feb 2026MVR 659.6 million−15.0%
Jan 2026MVR 753.7 million−1.1%
Dec 2025MVR 715.7 million−3.5%
Nov 2025MVR 665.7 million+3.0%
Oct 2025MVR 743.2 million+5.7%
Sep 2025MVR 705.5 million+2.2%
Aug 2025MVR 777.8 million+12.2%
Jul 2025MVR 721.7 million+2.9%
Jun 2025MVR 655.8 million+4.4%
May 2025MVR 677.4 million+18.0%
Apr 2025MVR 729 million+5.3%
Mar 2025MVR 621.2 million−5.4%
Feb 2025MVR 775.7 million+18.2%
Jan 2025MVR 761.7 million+10.4%
Dec 2024MVR 741.3 million+4.4%
Nov 2024MVR 646.1 million+1.2%
Oct 2024MVR 703.1 million−11.3%
Sep 2024MVR 690.1 million+19.2%
Aug 2024MVR 693.1 million−1.8%
Jul 2024MVR 701.1 million−5.8%
Jun 2024MVR 628.4 million+8.3%
May 2024MVR 574.1 million−26.5%
Apr 2024MVR 692.4 million+0.5%
Mar 2024MVR 656.4 million0.0%
Feb 2024MVR 656.4 million+2.0%

Sorted by Period, descending.

About this series

Source
Maldives Bureau of Statistics
Published by
MMA Statistics Database, series 4949
MMA table
Real Sector › Monthly Gross Domestic Product (Constant Prices) › GDP at market price › Total GVA at basic prices
Coverage
Jan 2014 to Jul 2026 · 151 observations
MMA updated
21 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.