Maldives

1980

2026

2030

Maldives

1980

2026

2030

Maldives Economic Statistics (2026)

What to know

GDP per capita (PPP) in 2026: $37,733—an upper-middle income level.

The economy has grown at an average rate of 11.5% over the past 5 years.

Government debt exceeds 100% of GDP, a level that may constrain future policy options.

Key statistics for 2026

GDP per capita (PPP)

$37,733

GDP growth

+4.5%

Inflation rate

2.5%

Key terms

GDP: — Gross Domestic Product—the total value of goods and services produced in a country annually.
GDP PPP: — GDP adjusted for purchasing power parity—what money actually buys in each country.
GDP per capita: — GDP divided by population—a measure of average economic output per person.
Inflation rate: — Annual percentage increase in the general price level of goods and services.
Fiscal balance: — Government revenue minus expenditure. Surplus if positive, deficit if negative.
Current account: — Net flow of goods, services, and transfers with the rest of the world.

Output & Growth

How fast is the economy growing?

Total economic output and annual growth rate

Total GDP is $8 billion, with steady growth of 4.5% in 2026.

Living Standards

How wealthy are citizens on average?

Average economic output per person

GDP per capita is $19,682 in nominal terms, but $37,733 when adjusted for local purchasing power—indicating lower prices than in the US.

Prices & Employment

What are inflation and unemployment rates?

Consumer price inflation and labor market conditions

Inflation is 2.5% in 2026.

Government Finances

How high is government debt?

Government debt, revenue, and expenditure as percentage of GDP

Government debt is very high at 136% of GDP. The government spends more than it collects (revenue: 31.7%, expenditure: 44.7% of GDP).

External & Fiscal Balance

Why does the country run large deficits?

Fiscal balance and current account as percentage of GDP

The country is running a fiscal deficit of 12.9% and a current account deficit of 11.2% of GDP.

The bottom line

Maldives has an upper-middle income economy with GDP per capita (PPP) of $38k. The economy has been growing rapidly, averaging 11.5% annually. Government debt exceeds GDP at 136%.