Population: 345 thousand in 20131
GDP: $2.30 billion in 20132
GDP per capita: $6,666 nominal3 ($11,654 PPP4) in 2013
GDP growth rate: 3.7% in 20135
GDP by Industry 20126
| Industry sector | Value added ($ millions) 2012 | Percent of total |
| Other activities | 776 | 34.3% |
| Wholesale, retail trade, restaurants and hotels | 709 | 31.3% |
| Transport, storage and communication | 283 | 12.5% |
| Construction | 258 | 11.4% |
| Manufacturing | 118 | 5.2% |
| Agriculture, hunting, forestry, fishing | 89 | 3.9% |
| Mining and utilities | 30 | 1.3% |
| Total value added | 2,263 | 100% |
Unemployment rate: 11.6% in 20137
Employment by Industry 20108
| Employment sector | Percent of total |
| Services | 70% |
| Agriculture | 15% |
| Industry | 15% |
| Total | 100% |
Top 10 Corporations by Revenue 20139
N/A
Household Wealth: $1 billion (43% of GDP) in 201410
Household Wealth per Adult: $6,307 in 201410
Gini Coefficient: .374 in 201311
Central Government
Central Government Revenue: $638 million (28% of GDP) in 201312
Central Government Expenditure: $917 million (40% of GDP) in 201312
Central Government Budget Balance: -$279 million (-12% of GDP) in 201312
Central Government Public Debt: $1.35 billion (59% of GDP) in Dec 2014* 13
Central Government 10 Year Bond Interest Rate: N/A
* Public debt calculated using the exchange rate 15.26 MVR = 1 USD
Government Funds
N/A
Tax Structure
Individual Income Tax Rates and Thresholds in 201314
Corporate Tax Rate: 0% in 201315
Money Supply (M1): $1.27 billion (17% of GDP) in 2013* 16
Benchmark Interest Rate: Reverse Repurchase Rate = 7.00% in Feb 201517
Total Reserves: $381 million (35% of GDP) in 201318
Exchange Rate: 15.26 Maldivian Rufiyaa = 1 U.S. Dollar on Feb 23, 201519
Inflation: 2.3% in 201320
* Money supply calculated using the exchange rate 15.35 MVR = 1 USD
Top 10 Financial Institutions by Assets 201321
N/A (data not available at Relbanks.com)
Exports: $0.28 billion (12% of GDP) in 201322
Imports: $1.41 billion (61% of GDP) in 201322
Trade Balance: -$1.13 billion (-49% of GDP) in 201322
Foreign Direct Investment Inflow: $325 million (14% of GDP) in 201323
Foreign Direct Investment Outflow: N/A
Foreign Aid Inflow: $58 million (3% of GDP) in 201224
Foreign Aid Outflow: N/A
1. Source: World Bank Indicators (Population) Go back
2. Source: World Bank Indicators (GDP) Go back
3. Source: World Bank Indicators (GDP per capita) Go back
4. Source: World Bank Indicators (GDP per capita PPP) Go back
5. Source: World Bank Indicators (GDP growth rate) Go back
6. Source: United Nations Statistics Division (GDP by industry) Go back
7. Source: World Bank Indicators (Unemployment rate) Go back
8. Source: CIA World Factbook (Employment by economic activity) Go back
9. Source: Annual reports (Corporate data) Go back
10. Source: Credit Suisse Global Wealth Databook (Household wealth) Go back
11. Source: UN Human Development Report (Gini coefficient) Go back
12. Source: CIA World Factbook (Government budget) Go back
13. Source: Maldives Monetary Authority, Research & Statistics, Statistics (Public debt) Go back
14. Source: Ernst & Young Worldwide Personal Tax GUide (Individual tax rates) Go back
15. Source: Ernst & Young Worldwide Corporate Tax Guide (Corporate tax rate) Go back
16. Source: World Bank Indicators (Money supply) Go back
17. Source: Maldives Monetary Authority (Benchmark interest rate) Go back
18. Source: World Bank Indicators (Total reserves) Go back
19. Source: xe.com (Exchange rate) Go back
20. Source: World Bank Indicators (Inflation rate) Go back
21. Source: Relbanks.com (Financial institutions by assets) Go back
22. Source: CIA World Factbook (Trade data) Go back
23. Source: World Bank Indicators (FDI data) Go back
24. Source: World Bank Indicators (Aid data) Go back