Table 1. Selected Economic Indicators, 2020 - 2026
Period Real sector Fiscal sector Period Financial sector External sector
Gross domestic product1/ Tourism Fisheries Inflation Government finance statistics 2/ Monetary financial statistics Monetary operations External reserves Balance of payments 6/ Exchange rates
Real GDP growth rate Nominal GDP (MVR) Nominal GDP (USD) Total tourist arrivals Tourist bednights Bednight capacity Average stay Fish purchases National Total revenue & grants Total expenditure Overall balance (deficit/surplus) Overall balance as a % of GDP Broad money Net foreign assets 5/ Net domestic assets 5/ Reserve money Standing Deposit Facility (avg.) Official reserve assets (USD) Balance on goods Current account balance Current account as a % of GDP
o/w Export Import
Net claims on central govt. Claims on pvt. sector
(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (13) (14) (15) (16) (17) (18) (19) (20) (21) (22) (23) (24) (25) (26) (27)
% millions thousands days mt % millions of MVR % millions of MVR millions millions of USD % MVR per USD
2020
-32.9
57,104.6
3,703.3
555
3,985
10,146
7.2
79,341.0
-1.4
15,221.9
28,753.5
-13,531.6
-23.7
 2020
41,385.0
6,860.0
49,976.9
39,209.0
30,468.2
12,248.7
3,138.2
984.9
-1,450.5
257.6
1,708.1
-1,327.2
-35.8
15.41
2021
37.5
80,744.4
5,236.3
1,322
10,073
17,877
8.8
88,313.2
0.5
21,353.4
32,859.4
-11,506.0
-14.2
 2021
52,221.7
14,744.5
54,894.0
44,126.4
31,739.8
12,429.1
4,508.2
805.8
-2,105.2
285.4
2,390.6
-453.4
-8.7
15.39
2022
13.8
95,045.1
6,163.8
1,675
12,260
20,905
8.0
81,033.4
2.3
29,034.5
40,059.9
-11,025.5
-11.6
 2022
55,374.7
12,979.6
61,788.7
51,418.1
33,472.0
12,706.1
6,025.5
832.1
-2,916.3
399.7
3,316.1
-1,042.0
-16.9
15.40
2023
4.9
101,876.1
6,606.8
1,879
12,903
22,472
7.6
96,120.4
2.9
34,151.3
44,893.6
-10,742.3
-10.5
 2023
59,241.7
9,942.5
70,519.1
57,799.1
36,508.5
12,648.7
7,143.2
590.5
-2,874.4
421.4
3,295.8
-1,399.6
-21.2
15.40
2024
3.5
108,672.5
7,047.5
2,047
13,341
22,601
7.4
53,232.0
1.4
35,085.3
45,870.9
-10,785.6
-9.9
 2024
59,199.5
7,393.7
75,620.4
62,103.2
38,828.6
11,573.5
6,388.8
673.9
-3,076.4
382.7
3,459.1
-1,253.7
-17.8
15.42
2025
6.3
119,333.8
7,738.9
2,247
13,689
23,545
7.0
88,347.0
4.0
37,875.0
44,285.5
-6,410.6
-5.4
 2025
71,874.9
8,311.0
88,891.4
68,471.8
43,470.7
13,485.4
5,429.3
984.6
-2,955.3
443.7
3,399.0
-476.2
-6.2
15.42
2026
5.3
124,462.6
8,071.5
na
na
na
na
na
na
40,374.5
49,214.4
-8,839.9
-7.1
 2026
na
na
na
na
na
na
na
na
-3,058.3
478.7
3,537.0
-627.7
-7.8
na
Period Real sector Fiscal sector Period Financial sector External sector
Tourism Fisheries Inflation Government finance statistics 3/ Government domestic debt Monetary financial statistics Monetary operations External reserves External trade Exchange rates
Total tourist arrivals Tourist bednights Bednight capacity Average stay Fish purchases National Total revenue & grants Total expenditure Treasury bills and Islamic instruments4/ Treasury bonds Loans & advances Broad money Net foreign assets 5/ Net domestic assets 5/ Reserve money Standing Deposit Facility (avg.) Official reserve assets (USD) Total exports (f.o.b.) Total imports (c.i.f)
Commercial Banks Others o/w Domestic exports Re-exports
Net claims on central govt. Claims on pvt. sector
(28) (29) (30) (31) (32) (33) (34) (35) (36) (37) (38) (39) (40) (41) (42) (43) (44) (45) (46) (47) (48) (49) (50) (51) (52) (53)
thousands days mt % millions of MVR millions of MVR millions millions of USD MVR per USD
2025 Apr-25
198
1,139
1,905
6.9
8,112.3
5.9
3,179.3
3,228.8
48,099.1
25,410.5
22,688.6
36,965.7
34.2
 2025 Apr-25
65,109.6
11,077.1
77,989.1
63,782.0
39,205.1
12,950.6
5,965.6
856.3
42.6
19.0
23.6
300.5
15.42
May-25
136
856
1,982
6.6
9,529.5
4.5
2,812.1
3,427.6
48,345.5
26,099.5
22,245.9
36,475.4
34.0
 May-25
64,954.5
8,573.3
80,579.7
64,592.7
39,510.1
11,827.3
6,740.5
815.8
25.7
11.8
13.9
283.7
15.42
Jun-25
142
756
1,924
7.0
6,144.1
4.0
2,995.4
2,966.3
48,942.5
26,357.1
22,585.4
36,629.9
30.0
 Jun-25
64,515.7
7,995.3
81,008.0
64,865.1
40,143.6
12,388.3
6,587.4
832.4
25.5
11.6
13.9
255.6
15.42
Jul-25
187
1,144
1,990
7.5
7,129.3
3.9
3,803.6
3,609.5
49,042.5
26,441.3
22,601.2
36,767.5
355.0
 Jul-25
64,323.8
7,038.7
82,124.7
65,524.9
40,626.9
10,822.4
6,098.5
774.5
32.4
13.6
18.9
290.4
15.42
Aug-25
192
1,235
2,023
7.0
5,218.5
4.1
2,927.3
3,277.3
50,054.0
27,490.2
22,563.8
36,748.8
356.6
 Aug-25
65,838.6
7,593.9
83,252.4
66,004.6
41,112.6
11,010.8
4,223.8
810.0
29.0
9.7
19.4
316.6
15.42
Sep-25
150
919
1,970
6.9
4,012.3
3.8
3,447.0
4,030.0
48,321.7
25,682.1
22,639.7
38,630.9
371.6
 Sep-25
66,276.6
7,264.1
84,093.6
65,980.5
41,914.9
11,784.3
4,256.3
859.5
28.1
10.7
17.4
296.6
15.42
Oct-25
190
1,185
2,047
6.9
3,661.1
3.8
2,573.4
3,833.6
48,959.7
26,197.9
22,761.8
38,611.4
375.7
 Oct-25
67,563.2
6,408.7
85,881.6
66,534.4
42,003.4
11,735.7
4,325.4
866.3
30.5
9.2
21.3
313.0
15.42
Nov-25
195
1,119
1,997
7.1
4,939.8
1.3
2,679.5
3,784.0
50,649.9
26,493.7
24,156.2
39,016.2
384.3
 Nov-25
70,110.0
7,802.7
87,236.0
67,193.0
42,260.3
12,221.2
4,780.9
886.5
37.6
8.7
28.9
337.0
15.42
Dec-25
224
1,307
2,092
7.2
9,959.8
0.4
3,805.5
6,683.2
52,274.2
27,347.9
24,926.3
38,022.1
380.2
 Dec-25
71,874.9
8,311.0
88,891.4
68,471.8
43,470.7
13,485.4
4,268.8
984.6
50.2
13.2
37.0
346.0
15.42
2026 Jan-26
225
1,476
2,074
6.9
4,829.2
-0.4
na
na
na
na
na
na
na
 2026 Jan-26
73,705.3
10,272.7
88,968.0
68,251.0
43,497.6
12,964.1
4,407.5
1,026.1
50.3
8.1
42.1
358.4
15.42
Feb-26
248
1,476
1,883
6.9
2,494.4
0.0
na
na
na
na
na
na
na
 Feb-26
77,472.8
14,131.3
89,133.3
67,521.4
43,641.7
13,284.9
3,379.2
1,271.6
43.5
4.5
39.0
313.0
15.42
Mar-26
161
1,186
2,095
7.7
2,940.5
-1.7
na
na
na
na
na
na
na
 Mar-26
77,827.7
14,447.8
89,234.5
66,916.3
44,072.0
12,718.1
3,920.7
1,331.8
56.2
5.4
50.8
372.7
15.42
Source: Maldives Bureau of Statistics; Ministry of Tourism and Civil Aviation; Ministry of Fisheries, Agriculture and Ocean Resources; Ministry of Finance and Public Enterprises; Maldives Monetary Authority; Maldives Customs Service; Maldives Airports Company Limited; Gan International Airport
1/GDP figures for 2025 are the first estimate of annual GDP, derived from the summation of four quarters of 2025 as per QNA 2025 Q4, published by the Maldives Bureau of Statistics on 15 April 2026. Real GDP growth rate and nominal GDP for 2026 are projections available as of 29 October 2025, forecasted by the Maldives Monetary Authority and the Ministry of Finance and Public Enterprises.
2/Format is based on the IMF Government Finance Statistics Manual (GFSM 1986).Figures prior to 2022 were compiled using annual data published by the Ministry of Finance and Public Enterprises in the Government Finance Statistics publication. Figures from 2022 to 2026 are compiled from Maldives National Budget tables. The table will be updated in accordance with the IMF Government Finance Statistics Manual 2014 once updated data is received from the Ministry of Finance and Public Enterprises.
3/The figures do not accord with the methodology of IMF's GFS Manual 1986 and these are not comparable with annual figures.
4/Represents the face value of treasury bills and Islamic instruments.
5/This refers to Financial Corporations Survey.
6/BOP figures are based on information available as of 16 April 2026 and are compiled in accordance with BPM6 methodologies.