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Maldives

MDV Β· South Asia / South Asia

Maldives: GDP 26.2K intl$ per capita, population 527.8K, inflation 1.4%. Compare economy, demographics and cost of living with other countries.

Location

Key Facts

Region
South Asia
South Asia
Population
527.8K
2024
View all demographics β†’

Geography and Government

Area
300 kmΒ²
Capital
MalΓ©
ISO 2
MV
ISO 3
MDV
Calling code
+960
Internet TLD
.mv
Government type
presidential republic

Age Structure

0-14 years 22.4%
15-64 years 71.5%
65+ years 6.1%

Languages

Language Type Share Speakers
Maldivian (DIV) Official - -

Population & Demographics

Basic Demographics

Population, total
527.8K
2024
Population growth (annual %)
0.34%
2024
Population density (people per sq. km of land area)
1,765.1 per kmΒ²
2023
Urban population (% of total population)
42.0%
2024

Health Indicators

Life expectancy at birth, total (years)
81.3 years
2024
Birth rate, crude (per 1,000 people)
10.59 per 1,000
2024
Death rate, crude (per 1,000 people)
2.36 per 1,000
2024
Fertility rate, total (births per woman)
1.56 children
2024
Mortality rate, infant (per 1,000 live births)
4.7 per 1,000
2024

Education

Educational attainment, at least completed short-cycle tertiary, population 25+, total (%) (cumulative)
0.0%
2014
Literacy rate, adult total (% of people ages 15 and above)
98.2%
2019

Economy Snapshot

Key Economic Indicators

GDP per capita (current US$)
$13.4K
2024
Inflation, consumer prices (annual %)
1.4%
2024
Unemployment, total (% of labor force)
4.5%
2025
GNI per capita (current US$)
$11.6K
2024

Macroeconomic Indicators

GDP (current US$)
$7.06B
2024
GDP growth (annual %)
3.5%
2024
GDP per capita, PPP (current international $)
26.2K intl$
2024
Central government debt, total (% of GDP)
57.3%
2011

Trade & External Sector

Trade (% of GDP)
156.5%
2024
Exports of goods and services (% of GDP)
78.2%
2024
Imports of goods and services (% of GDP)
78.3%
2024

Other Indicators

International tourism, number of arrivals
555.0K
2020
Tax revenue (% of GDP)
19.5%
2021
Foreign direct investment, net inflows (% of GDP)
11.4%
2024

Explore More

Rankings featuring Maldives

Frequently Asked Questions

What is the average income in Maldives?

According to our data, the average income in Maldives is approximately $11,640 (GNI per capita) as of 2024. This figure represents Gross National Income per capita and provides insight into the economic prosperity and living standards in the country.

What is the inflation rate in Maldives in 2024?

The inflation rate in Maldives is 1.4% as of 2024. Inflation measures the rate at which the general level of prices for goods and services rises, eroding purchasing power. This data is updated regularly from reliable sources like the World Bank and IMF.

How does Maldives compare to other countries in South Asia?

Maldives is located in South Asia and can be compared with other countries in the region across various economic and demographic indicators including inflation rates, unemployment, average income, cost of living, population statistics, and life expectancy. Explore our comprehensive inflation comparison, unemployment rankings, cost of living data, population statistics, and life expectancy data to see how Maldives compares to neighboring and regional countries.

Maldives is located in South Asia, South Asia. Explore detailed statistics on economy, population, demographics, inflation, unemployment, and cost of living, with up-to-date data from the World Bank, IMF, UN, and other authoritative sources.

Our comprehensive database provides real-time insights into Maldives's economic performance and demographic trends, allowing you to compare with other countries and understand global patterns. Access current economic indicators, population statistics, historical data, and comparative analysis to gain a deeper understanding of Maldives's economic and demographic landscape. For detailed economic data, visit our economy page, and for demographic information, explore our population statistics section.

Sources and References

Data sources: World Bank, IMF, UN Data, Transparency International.

All data is compiled from publicly available sources and updated regularly. Economic indicators may vary based on reporting methodologies and data availability periods.

Codes and Abbreviations

ISO 2
MV
ISO 3
MDV
IOC code
MDV
Vehicle code
MV
Latitude
4.17
Longitude
73.51

Nearby Countries

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