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Growth & output: every series

41 series3 groups

Is the economy growing?

adds up the value of everything produced in the country in a period: resort nights sold, fish landed, buildings put up, shop sales. When the figure rises, the country made more, not just charged more.

GDP every quarter

Output every three months, in total and industry by industry.

Output each quarter, in total and by industry, at constant prices. Compare a quarter with the same quarter a year earlier: tourism makes some quarters reliably busier than others. Gross value added (GVA) is output by industry; adding taxes on products and subtracting subsidies gives GDP at market prices.

MMA calls this: Quarterly national accounts

GDP every quarter
SeriesLatestPeriodvs a year ago
GDP at market priceMVR 25.15bnQ2 2026Q2 2026Unchanged
Taxes less subsidiesMVR 2.68bnQ2 2026Q2 2026Down 2.5%
Total GVA at basic pricesMVR 22.47bnQ2 2026Q2 2026Up 0.3%
PrimaryMVR 672.1mQ2 2026Q2 2026Down 39.7%
SecondaryMVR 2.37bnQ2 2026Q2 2026Up 14.8%
TertiaryMVR 19.43bnQ2 2026Q2 2026Up 1.1%
AgricultureMVR 243mQ2 2026Q2 2026Up 0.2%
FisheriesMVR 429.1mQ2 2026Q2 2026Down 50.8%
ManufacturingMVR 403.9mQ2 2026Q2 2026Down 13.9%
Electricity, water and waste managementMVR 577.8mQ2 2026Q2 2026Up 3.9%
ConstructionMVR 1.39bnQ2 2026Q2 2026Up 33.7%
Wholesale and retail tradeMVR 2.45bnQ2 2026Q2 2026Up 14.4%
TourismMVR 4.56bnQ2 2026Q2 2026Down 14.3%
Transportation and communicationMVR 3.06bnQ2 2026Q2 2026Down 1.2%
Financial servicesMVR 2.13bnQ2 2026Q2 2026Up 21.7%
Real estate activitiesMVR 2.45bnQ2 2026Q2 2026Up 9.4%
Professional, scientific and technical activitiesMVR 250.2mQ2 2026Q2 2026Up 12.4%
Public administration and defence; compulsory social securityMVR 2.03bnQ2 2026Q2 2026Up 0.5%
EducationMVR 954mQ2 2026Q2 2026Up 5.3%
Human health and social work activitiesMVR 997.4mQ2 2026Q2 2026Up 13.8%
Arts, entertainment and recreation & Other service activitiesMVR 546.1mQ2 2026Q2 2026Down 14.9%
GDP at market priceMVR 29.1bnQ2 2026Q2 2026Up 4.6%
Quarterly Nominal GDP at market price (USD)US$1,887.21Q2 2026Q2 2026Up 4.6%

Early monthly estimate

A first, rougher monthly reading of where output is heading.

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.

MMA calls this: Monthly GDP indicator

Early monthly estimate
SeriesLatestPeriodvs a year ago
GDP at market priceMVR 9.21bnJul 2026Jul 2026Up 2.8%
Taxes less subsidiesMVR 990.3mJul 2026Jul 2026Down 2.3%
Total GVA at basic pricesMVR 8.22bnJul 2026Jul 2026Up 3.4%
PrimaryMVR 246.7mJul 2026Jul 2026Down 33.9%
SecondaryMVR 884.3mJul 2026Jul 2026Up 22.5%
TertiaryMVR 7.09bnJul 2026Jul 2026Up 3.4%

GDP by year

The yearly totals, growth rate and output per person: the benchmark.

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.

MMA calls this: Annual national accounts

GDP by year
SeriesLatestPeriodvs a year ago
GDP at Market priceMVR 107.1bn20252025Up 6.3%
Taxes less subsidiesMVR 12.13bn20252025Up 10.4%
Total GVA at basic pricesMVR 94.97bn20252025Up 5.8%
PrimaryMVR 4.02bn20252025Up 18.3%
SecondaryMVR 8.55bn20252025Up 5.9%
TertiaryMVR 82.4bn20252025Up 5.3%
GDP at Market priceMVR 119.35bn20252025Up 10.1%
Real GDP growth rate6.32%20252025Up 2.89 percentage points
Real GDP (USD)US$6.95bn20252025Up 6.3%
Nominal GDP (USD)US$7.74bn20252025Up 10.1%
Nominal GDP per capita (USD)US$13,32120252025Up 8.4%
Population581,05320252025Up 1.6%