Household consumption (% of GDP) in the Maldives in 2024 — 51.8%. Ranked 131 in the world out of 168. Since 2014, the indicator has risen by 15 pp.
2014–2024 · % of GDP
How the value compares with the world and the groups this territory belongs to: Maldives
| Year | % | Change, pp |
|---|---|---|
| 2024 | 51.8 | +0.6 pp |
| 2023 | 51.2 | +4.5 pp |
| 2022 | 46.7 | +0.2 pp |
| 2021 | 46.5 | −12.9 pp |
| 2020 | 59.4 | +13 pp |
| 2019 | 46.4 | +0.2 pp |
| 2018 | 46.1 | −0.3 pp |
| 2017 | 46.4 | +2.7 pp |
| 2016 | 43.7 | +2.8 pp |
| 2015 | 40.9 | +4.1 pp |
| 2014 | 36.7 | — |
The same indicator for neighboring countries — with links to their pages
Household final consumption expenditure as a percent of GDP — the market value of all goods and services bought by the population, including the imputed rent of owner-occupied housing. A low consumption share alongside a high share of capital formation is typical of investment- and export-driven economies; a high one, of countries short of savings.
Source: World Development Indicators (World Bank), license CC BY 4.0.
How much money the residents of a country spend in a year on goods and services for themselves.
Economy Gross capital formation (% of GDP)Investment in fixed assets and inventories as a percent of GDP — the base of future growth.
Economy Government consumption (% of GDP)The share of GDP taken by government final consumption spending.
Economy GDPGross domestic product in current US dollars — the size of a country's economy.
Economy GDP per capitaGDP divided by the population, in current US dollars.
Economy GDP growthThe annual growth rate of GDP in constant prices — with inflation stripped out.
