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Maldives Real GDPMaldives Real GDPMaldives Real GDP

Maldives Real GDP

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MVGDPCP chart



Key data points


Last release
—
Observation period
2024
Next release
—
Forecast
—
Highest
‪101.84 B‬ MVR on Dec 31, 2024
Lowest
‪20.04 B‬ MVR on Dec 31, 1995

About Maldives Real GDP


Category
GDP
Source
Monetary Authority
Frequency
Annual
Units
MVR

Maldives in figures — see more economic indicators tied to MVGDPCP.
GDP
MVGDP
GDP From Agriculture
MVGDPA
GDP From Construction
MVGDPC
Real GDP
MVGDPCP
GDP From Manufacturing
MVGDPMAN
GDP From Public Administration
MVGDPPA
GDP Per Capita
MVGDPPC
GDP Per Capita PPP
MVGDPPCP
GDP From Services
MVGDPS
GDP From Transport
MVGDPT
GDP From Utilities
MVGDPU
GDP Growth
MVGDPYY

Frequently Asked Questions


Real GDP is calculated using a GDP price deflator, which is the difference in prices between the current year and the base year. Then nominal GDP (GDP adjusted for inflation) is divided by this deflator, yielding real GDP. Nominal GDP is usually higher than real GDP because inflation is typically a positive number.
Since GDP measures an economy's output, it is subject to inflationary pressure. So real GDP is a measure of an economy's output adjusted for inflation.
In 2024 Maldives Real GDP was 101.84 B MVR, and the year before it reached 96.86 B MVR.