Compensation of employees (current LCU) in Maldives
Maldives: Compensation of employees (current LCU) was 9.30 billion current LCU in 2021. ◆ Volatile
Compensation of employees in Maldives, 1979–2021
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Maldives recorded 9.30 billion current LCU for compensation of employees in 2021. That is the highest value across all 40 years on record.
That represents a change of up 5.2% on the previous year and up 62.4% over ten years.
Over the whole period, compensation of employees in Maldives peaked at 9.30 billion current LCU in 2021 and was at its lowest, 10.70 million current LCU, in 1979.
Maldives ranks 111th of 156 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Compensation of employees (current LCU) in Maldives, year by year
| Year | current LCU | Change |
|---|---|---|
| 1979 | 10.70 million current LCU | — |
| 1980 | 14.60 million current LCU | +36.4% |
| 1981 | 21.90 million current LCU | +50.0% |
| 1982 | 24.50 million current LCU | +11.9% |
| 1983 | 33.10 million current LCU | +35.1% |
| 1984 | 37.60 million current LCU | +13.6% |
| 1985 | 43.00 million current LCU | +14.4% |
| 1986 | 47.90 million current LCU | +11.4% |
| 1987 | 56.90 million current LCU | +18.8% |
| 1988 | 70.90 million current LCU | +24.6% |
| 1990 | 89.10 million current LCU | +25.7% |
| 1991 | 122.30 million current LCU | +37.3% |
| 1992 | 143.60 million current LCU | +17.4% |
| 1993 | 161.40 million current LCU | +12.4% |
| 1994 | 184.90 million current LCU | +14.6% |
| 1995 | 232.20 million current LCU | +25.6% |
| 1996 | 249.30 million current LCU | +7.4% |
| 1997 | 269.90 million current LCU | +8.3% |
| 1998 | 290.70 million current LCU | +7.7% |
| 1999 | 366.10 million current LCU | +25.9% |
| 2000 | 466.90 million current LCU | +27.5% |
| 2001 | 505.80 million current LCU | +8.3% |
| 2002 | 533.90 million current LCU | +5.6% |
| 2003 | 564.10 million current LCU | +5.7% |
| 2004 | 718.70 million current LCU | +27.4% |
| 2005 | 974.30 million current LCU | +35.6% |
| 2006 | 1.09 billion current LCU | +11.4% |
| 2007 | 1.21 billion current LCU | +11.4% |
| 2008 | 2.59 billion current LCU | +114.2% |
| 2009 | 2.94 billion current LCU | +13.7% |
| 2010 | 2.49 billion current LCU | -15.6% |
| 2011 | 5.73 billion current LCU | +130.3% |
| 2014 | 6.11 billion current LCU | +6.8% |
| 2015 | 7.34 billion current LCU | +20.0% |
| 2016 | 7.46 billion current LCU | +1.7% |
| 2017 | 7.51 billion current LCU | +0.7% |
| 2018 | 8.26 billion current LCU | +10.0% |
| 2019 | 8.90 billion current LCU | +7.7% |
| 2020 | 8.84 billion current LCU | -0.6% |
| 2021 | 9.30 billion current LCU | +5.2% |
Maldives compared with similar countries
- Maldives's 9.30 billion current LCU is below the median for upper middle income countries, which is 95.94 billion current LCU, 10% of the median. (47 countries reporting)
- Maldives's 9.30 billion current LCU is below the median for South Asia, which is 377.40 billion current LCU, 2% of the median. (6 countries reporting)
Biggest year-on-year movements
Years where Compensation of employees (current LCU) in Maldives changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2011 | +130.3% | 2.49 billion current LCU | 5.73 billion current LCU |
| 2008 | +114.2% | 1.21 billion current LCU | 2.59 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 10.70 million current LCU | 10.70 million current LCU | 10.70 million current LCU | 1 |
| 1980s | 38.93 million current LCU | 14.60 million current LCU | 70.90 million current LCU | 9 |
| 1990s | 210.95 million current LCU | 89.10 million current LCU | 366.10 million current LCU | 10 |
| 2000s | 1.16 billion current LCU | 466.90 million current LCU | 2.94 billion current LCU | 10 |
| 2010s | 6.72 billion current LCU | 2.49 billion current LCU | 8.90 billion current LCU | 8 |
| 2020s | 9.07 billion current LCU | 8.84 billion current LCU | 9.30 billion current LCU | 2 |
Countries ranked near Maldives
More public sector data for Maldives
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 11.00 million SIPRI trend indicator values (2025)
- Arms imports (SIPRI trend indicator values), per capita 13.26 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.001 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 7.00 million SIPRI trend indicator values (2024)
Frequently asked questions
- What is compensation of employees in Maldives?
- Compensation of employees in Maldives was 9.30 billion current LCU in 2021, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest compensation of employees recorded in Maldives?
- The highest recorded value was 9.30 billion current LCU in 2021.
- What is the lowest compensation of employees recorded in Maldives?
- The lowest recorded value was 10.70 million current LCU in 1979.
- How does Maldives rank for compensation of employees?
- Maldives ranks 111th out of 156 countries with data for 2021.
- Is compensation of employees rising or falling in Maldives?
- Over the last ten years it is up 62.4%. The long-run trend across the full record is volatile.
- Where does this Maldives data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Compensation of employees (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 40 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Compensation of employees is defined as the total remuneration, in cash or in kind, payable by an enterprise to an employee in return for work done by the latter during the accounting period. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.