Maldives GDP Growth Rate (2026)
The Maldives has a small island economy heavily supported by tourism, hospitality, construction, transport, and related services. This page examines its GDP growth trend, historical performance, regional position, and outlook.
GDP Growth Rate 2026
+3.0%
Annual real GDP growth
World Rank
#93
Out of 195 countries
Change vs 2025
-2.0 pp
2025: +5.0%
Asia Rank
#30
Out of 49 countries
1. Maldives GDP Growth Rate in 2026
Maldivian economic growth is strongly influenced by international tourism, visitor spending, resort investment, construction, and transport. Global travel conditions remain especially important.
2. Maldives GDP Growth Rate Trends (1980–2026)
The Maldives’ growth history has been shaped by rapid tourism expansion, infrastructure investment, and sharp downturns during disruptions to international travel.
3. Maldives GDP Growth Rate (Historical Data)
| Year | GDP Growth Rate | Change (pp) |
|---|---|---|
| 2026 | +3.0% | -2.0 pp |
| 2025 | +5.0% | +1.9 pp |
| 2024 | +3.1% | -2.0 pp |
| 2023 | +5.1% | -8.7 pp |
| 2022 | +13.8% | -23.7 pp |
| 2021 | +37.5% | +70.4 pp |
| 2020 | -32.9% | -39.8 pp |
| 2019 | +6.9% | -1.7 pp |
| 2018 | +8.6% | +1.5 pp |
| 2017 | +7.1% | +0.7 pp |
| 2016 | +6.4% | +2.5 pp |
| 2015 | +3.9% | -3.9 pp |
| 2014 | +7.8% | +0.8 pp |
| 2013 | +7.0% | +4.6 pp |
| 2012 | +2.4% | -6.2 pp |
| 2011 | +8.6% | +1.8 pp |
| 2010 | +6.8% | +15.0 pp |
| 2009 | -8.2% | -17.2 pp |
| 2008 | +9.0% | +1.9 pp |
| 2007 | +7.1% | -16.5 pp |
| 2006 | +23.6% | +34.8 pp |
| 2005 | -11.2% | -17.2 pp |
| 2004 | +6.0% | -8.2 pp |
| 2003 | +14.2% | +8.1 pp |
| 2002 | +6.1% | +4.7 pp |
| 2001 | +1.4% | -3.3 pp |
| 2000 | +4.7% | -2.5 pp |
| 1999 | +7.2% | -2.6 pp |
| 1998 | +9.8% | -0.6 pp |
| 1997 | +10.4% | +1.3 pp |
| 1996 | +9.1% | +1.7 pp |
| 1995 | +7.4% | -0.1 pp |
| 1994 | +7.5% | +2.1 pp |
| 1993 | +5.4% | -1.1 pp |
| 1992 | +6.5% | -0.4 pp |
| 1991 | +6.9% | +10.9 pp |
| 1990 | -4.0% | -13.3 pp |
| 1989 | +9.3% | +0.6 pp |
| 1988 | +8.7% | -0.2 pp |
| 1987 | +8.9% | +0.3 pp |
| 1986 | +8.6% | -5.2 pp |
| 1985 | +13.8% | -3.6 pp |
| 1984 | +17.4% | +13.0 pp |
| 1983 | +4.4% | -3.1 pp |
| 1982 | +7.5% | -0.4 pp |
| 1981 | +7.9% | -10.9 pp |
| 1980 | +18.8% | — |
4. Maldives GDP Growth Performance
Current Growth Rate
+3.0%
(2026 to 2026)
5-Year Average
+6.0%
(2022 to 2026)
10-Year Average
+5.7%
(2017 to 2026)
20-Year Average
+5.4%
(2007 to 2026)
The economy benefits from a premium tourism industry and strong visitor demand, but high external debt and narrow diversification create vulnerabilities.
5. Maldives GDP Growth Rate vs Asia and World
Maldives
+3.0%
Asia Average
+2.4%
World Average
+2.8%
0.0%
1.5%
3.0%
Annual real GDP growth (%)
Maldives’s GDP growth rate is approximately
0.7 pp
above the
Asia average
and
0.2 pp
above the world average.
6. Maldives GDP Growth Rate Ranking in Asia
| Rank | Country | GDP Growth Rate |
|---|---|---|
| #26 | Turkey | +3.4% |
| #27 | United Arab Emirates | +3.1% |
| #28 | Saudi Arabia | +3.1% |
| #29 | North Korea | +3.1% |
| #30 | Maldives | +3.0% |
| #31 | Afghanistan | +3.0% |
| #32 | Myanmar | +3.0% |
| #33 | Nepal | +3.0% |
| #34 | Cyprus | +3.0% |
7. Top 10 Fastest-Growing Countries in the World (2026)
8. GDP Growth Rate and Economy Size in Maldives
Maldives GDP (Nominal)
$8.1 Billion
(2026)
Maldives GDP Growth Rate
+3.0%
(2026)
The Maldives can grow faster than many mature economies when tourism is strong, although its dependence on one major industry creates substantial volatility.
Explore more:
Maldives GDP
9. Maldives GDP Growth Rate Forecast
The outlook depends on tourism, infrastructure, investment, and external financing. Debt pressures, climate change, and global travel weakness remain major risks.
| Year | GDP Growth Rate | Change |
|---|---|---|
| 2027 | +4.6% | +1.6 pp |
| 2028 | +4.2% | -0.4 pp |
| 2029 | +4.0% | -0.2 pp |
| 2030 | +4.0% | 0.0 pp |
10. Maldives GDP Growth Rate: Key Findings
Maldives GDP growth rate is estimated at +3.0% in 2026.
It ranks #93 globally and #30 in Asia by annual GDP growth rate.
The growth rate slowed by 2.0 percentage points compared with 2025.
The 5-year average GDP growth rate is +6.0%.
The 10-year average GDP growth rate is +5.7%.
The current rate is 0.7 percentage points above the Asia average.
The current rate is 0.2 percentage points above the world average.
The forecast GDP growth rate is +4.0% in 2030, 1.0 percentage points above the 2026 rate.
11. What Is GDP Growth Rate?
GDP growth rate measures the percentage change in a country’s real gross domestic product from one period to the next, usually year over year.
GDP Growth Rate
=
(Real GDPₜ − Real GDPₜ₋₁)
÷
Real GDPₜ₋₁ × 100
A positive rate indicates economic expansion, while a negative rate indicates contraction. Real GDP growth is preferred for growth comparisons because it adjusts for price changes.
12. Methodology and Data Sources
Primary Source:
International Monetary Fund (IMF)
Additional Source:
World Bank
Measure:
Annual percentage change in real GDP
Unit:
Percent (%)
Comparisons:
Year-to-year rate differences are shown in percentage points (pp)
Update Frequency:
Annually and when new forecasts are released
Last Updated:
November 2026
13. Maldives GDP Growth Rate FAQs
Maldives GDP growth rate is estimated at +3.0% in 2026.
Maldives ranks #93 globally and #30 in Asia by annual GDP growth rate.
The economy is expanding, with real GDP growth of approximately +3.0% in 2026.
Maldives GDP growth rate was +3.9% in 2015.
Maldives GDP growth rate is 0.7 percentage points above the Asia average.
15. Explore GDP Growth Rate
Disclaimer:
All data are estimates based on IMF, World Bank,
United Nations and related economic datasets.
Figures may differ from official national statistics.