Gross national savings — all countries

Gross national savings — Maldives

Gross national savings in the Maldives in 2024 — 11.2%. Ranked 131 in the world out of 146. Since 2014, the indicator has fallen by 15.3 pp.

2024 11.2% −1 pp vs 2023
World rank 131of 146
Period maximum 26.5%2014
Period minimum -0.3%2020

Trend over time

2014–2024 · % of GDP

Gross national savings — Maldives, 2014–2024-100102030201420152016201720182019202020212022202320242014: 26.5%2015: 24.6%2016: 16.4%2017: 21.5%2018: 21.1%2019: 17.1%2020: -0.3%2021: 16.6%2022: 16.7%2023: 12.2%2024: 11.2%
Change over the period: −15.3 pp Annual average: -1.53 pp

Comparison, 2024

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

Maldives 11.2%
World 26.1%
South Asia 34.5%
Southern Asia computed 32.9%
Gross national savings — Maldives, by year Maldives All countries CSV XLSX
Year % Change, pp
2024 11.2 −1 pp
2023 12.2 −4.5 pp
2022 16.7 +0.1 pp
2021 16.6 +16.9 pp
2020 -0.3 −17.4 pp
2019 17.1 −4 pp
2018 21.1 −0.3 pp
2017 21.5 +5.1 pp
2016 16.4 −8.3 pp
2015 24.6 −1.9 pp
2014 26.5

Southern Asia, 2024

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

About the indicator

Gross national savings as a percent of GDP — what is left of national income after all consumption, private and public. Savings and capital formation differ by the balance of external transactions: a country that saves more than it invests at home exports capital, and one that invests more than it saves imports it. Hence the stable link with the current account balance, which is exactly what this indicator makes visible.

Important: The difference between savings and capital formation is approximately equal to the current account balance — that is an identity of the national accounts, not a coincidence.

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