Goods and services expense in Maldives
Maldives: Goods and services expense was 4.63 billion current LCU in 2021. ◆ Volatile
Goods and services expense in Maldives, 1979–2021
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Maldives recorded 4.63 billion current LCU for goods and services expense in 2021.
Compared with earlier readings it is up 40.1% on the previous year and up 184.3% over ten years.
Over the whole period, goods and services expense in Maldives peaked at 4.95 billion current LCU in 2007 and was at its lowest, 11.70 million current LCU, in 1979.
That places Maldives 113th out of 155 countries with data for 2021, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Goods and services expense in Maldives, year by year
| Year | current LCU | Change |
|---|---|---|
| 1979 | 11.70 million current LCU | — |
| 1980 | 16.50 million current LCU | +41.0% |
| 1981 | 21.80 million current LCU | +32.1% |
| 1982 | 28.90 million current LCU | +32.6% |
| 1983 | 36.40 million current LCU | +26.0% |
| 1984 | 43.00 million current LCU | +18.1% |
| 1985 | 49.10 million current LCU | +14.2% |
| 1986 | 63.90 million current LCU | +30.1% |
| 1987 | 80.40 million current LCU | +25.8% |
| 1988 | 103.30 million current LCU | +28.5% |
| 1990 | 233.90 million current LCU | +126.4% |
| 1991 | 281.50 million current LCU | +20.4% |
| 1992 | 366.40 million current LCU | +30.2% |
| 1993 | 415.80 million current LCU | +13.5% |
| 1994 | 442.90 million current LCU | +6.5% |
| 1995 | 555.70 million current LCU | +25.5% |
| 1996 | 595.90 million current LCU | +7.2% |
| 1997 | 799.20 million current LCU | +34.1% |
| 1998 | 897.70 million current LCU | +12.3% |
| 1999 | 1.06 billion current LCU | +17.6% |
| 2000 | 1.27 billion current LCU | +20.7% |
| 2001 | 1.32 billion current LCU | +3.5% |
| 2002 | 1.41 billion current LCU | +6.6% |
| 2003 | 1.61 billion current LCU | +14.6% |
| 2004 | 1.88 billion current LCU | +16.9% |
| 2005 | 3.29 billion current LCU | +74.6% |
| 2006 | 4.17 billion current LCU | +27.0% |
| 2007 | 4.95 billion current LCU | +18.6% |
| 2008 | 4.12 billion current LCU | -16.8% |
| 2009 | 4.78 billion current LCU | +16.2% |
| 2010 | 4.63 billion current LCU | -3.2% |
| 2011 | 1.63 billion current LCU | -64.8% |
| 2014 | 2.34 billion current LCU | +43.8% |
| 2015 | 3.64 billion current LCU | +55.4% |
| 2016 | 3.20 billion current LCU | -12.2% |
| 2017 | 2.87 billion current LCU | -10.3% |
| 2018 | 3.18 billion current LCU | +10.9% |
| 2019 | 4.02 billion current LCU | +26.5% |
| 2020 | 3.30 billion current LCU | -17.9% |
| 2021 | 4.63 billion current LCU | +40.1% |
Maldives compared with similar countries
- Maldives's 4.63 billion current LCU is below the median for upper middle income countries, which is 38.49 billion current LCU, 12% of the median. (46 countries reporting)
- Maldives's 4.63 billion current LCU is below the median for South Asia, which is 175.05 billion current LCU, 3% of the median. (6 countries reporting)
Biggest year-on-year movements
Years where Goods and services expense 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 |
|---|---|---|---|
| 1990 | +126.4% | 103.30 million current LCU | 233.90 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 11.70 million current LCU | 11.70 million current LCU | 11.70 million current LCU | 1 |
| 1980s | 49.26 million current LCU | 16.50 million current LCU | 103.30 million current LCU | 9 |
| 1990s | 564.47 million current LCU | 233.90 million current LCU | 1.06 billion current LCU | 10 |
| 2000s | 2.88 billion current LCU | 1.27 billion current LCU | 4.95 billion current LCU | 10 |
| 2010s | 3.19 billion current LCU | 1.63 billion current LCU | 4.63 billion current LCU | 8 |
| 2020s | 3.96 billion current LCU | 3.30 billion current LCU | 4.63 billion current LCU | 2 |
Countries ranked near Maldives
More public sector data for Maldives
- Democracy, 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)
- Elected parliament, 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)
- Democracy 6 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is goods and services expense in Maldives?
- Goods and services expense in Maldives was 4.63 billion current LCU in 2021, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods and services expense recorded in Maldives?
- The highest recorded value was 4.95 billion current LCU in 2007.
- What is the lowest goods and services expense recorded in Maldives?
- The lowest recorded value was 11.70 million current LCU in 1979.
- How does Maldives rank for goods and services expense?
- Maldives ranks 113th out of 155 countries with data for 2021.
- Is goods and services expense rising or falling in Maldives?
- Over the last ten years it is up 184.3%. 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 Goods and services expense (current LCU). Statizoid updates them automatically from the source API.
Download this data
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About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for account capital formation is excluded. 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.