Gross capital formation (% of GDP) — all countries

Gross capital formation (% of GDP) — Maldives

Gross capital formation (% of GDP) in the Maldives in 2024 — 30.8%. Ranked 23 in the world out of 169. Since 2014, the indicator has risen by 2.9 pp.

2024 30.8% −2.3 pp vs 2023
World rank 23of 169
Period maximum 49%2018
Period minimum 25.2%2021

Trend over time

2014–2024 · % of GDP

Gross capital formation (% of GDP) — Maldives, 2014–202420304050201420152016201720182019202020212022202320242014: 27.9%2015: 31.9%2016: 39.8%2017: 42.8%2018: 49%2019: 43.2%2020: 35.5%2021: 25.2%2022: 33%2023: 33.1%2024: 30.8%
Change over the period: +2.9 pp Annual average: 0.29 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Maldives

Maldives 30.8%
World 26.3%
South Asia 33.7%
Southern Asia computed 33.2%
Gross capital formation (% of GDP) — Maldives, by year Maldives All countries CSV XLSX
Year % Change, pp
2024 30.8 −2.3 pp
2023 33.1 +0.1 pp
2022 33 +7.8 pp
2021 25.2 −10.3 pp
2020 35.5 −7.6 pp
2019 43.2 −5.8 pp
2018 49 +6.2 pp
2017 42.8 +3.1 pp
2016 39.8 +7.9 pp
2015 31.9 +4 pp
2014 27.9

Southern Asia, 2024

The same indicator for neighboring countries — with links to their pages

About the indicator

Gross capital formation as a percent of GDP: outlays on fixed assets (buildings, structures, machinery, transport equipment, infrastructure), changes in inventories of material working assets and net acquisition of valuables. A steadily high rate of capital formation is a necessary condition for fast growth: during the economic surges of East Asia the indicator exceeded 35–40% of GDP.

Source: World Development Indicators (World Bank), license CC BY 4.0.