Table 2.3 Monthly Gross Domestic Product, 2023 - 2024 1/
(Millions of MVR)
2019 constant prices
Period Gross domestic product (at market prices) Taxes less subsidies Gross domestic product (at basic prices) Period y/y % change
Primary Secondary Tertiary Gross domestic product (at market prices) Taxes less subsidies Gross domestic product (at basic prices) Primary Fisheries Secondary Construction Tertiary Tourism Transportation and Communication Real estate activities Public administration and defence; compulsory social security
o/w o/w o/w
Fisheries Construction Tourism Transportation and Communication Real estate activities Public administration and defence; compulsory social security
(2+3) (4+6+8)
(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (13) (14) (15) (16) (17) (18) (19) (20) (21) (22) (23) (24)
2023 Jan-23
8,443.2
905.2
7,538.0
502.7
423.0
643.4
323.2
6,391.9
2,110.5
1,025.7
675.5
620.6
 2023 Jan-23
3.7
-3.3
4.6
9.5
10.9
2.1
1.8
4.4
7.0
10.8
4.4
2.9
Feb-23
8,414.2
922.3
7,491.9
555.4
475.5
651.9
326.0
6,284.7
2,015.6
949.1
676.8
619.1
 Feb-23
9.4
8.5
9.6
32.6
39.5
12.1
15.2
7.7
6.9
14.0
4.1
1.9
Mar-23
8,382.3
931.8
7,450.5
433.4
354.1
665.0
337.9
6,352.1
1,996.1
1,000.3
676.8
616.9
 Mar-23
5.7
6.3
5.6
5.9
6.8
14.7
20.2
4.8
3.1
9.7
3.6
1.2
Apr-23
8,150.0
916.3
7,233.7
372.4
294.2
691.9
371.1
6,169.4
1,851.6
913.5
679.9
614.7
 Apr-23
1.3
2.0
1.2
-18.2
-22.2
0.9
6.1
2.7
-0.3
15.2
3.8
0.1
May-23
7,743.5
808.0
6,935.5
501.4
423.9
784.3
439.8
5,649.7
1,340.4
923.2
682.3
613.9
 May-23
8.0
5.9
8.3
112.2
165.6
27.6
31.5
1.7
-10.8
14.2
3.7
-0.4
Jun-23
6,877.9
715.8
6,162.1
185.5
108.0
577.6
316.2
5,399.0
1,274.2
885.2
683.8
602.6
 Jun-23
-5.4
-9.4
-4.9
-40.7
-54.3
-17.3
-23.3
-1.2
-4.3
12.0
4.0
0.5
Jul-23
7,869.5
889.9
6,979.6
203.2
125.2
744.0
461.3
6,032.4
1,628.1
981.1
684.6
607.7
 Jul-23
9.2
15.2
8.4
17.3
29.7
12.5
14.6
7.7
3.5
15.8
4.0
0.5
Aug-23
8,265.2
954.8
7,310.4
256.4
177.9
705.9
402.0
6,348.1
1,817.3
1,022.9
687.5
611.5
 Aug-23
7.1
11.1
6.6
-2.6
-4.4
5.7
5.7
7.2
2.8
17.9
3.5
0.1
Sep-23
7,135.8
746.2
6,389.6
238.6
159.9
576.6
304.8
5,574.4
1,323.5
945.3
689.0
612.7
 Sep-23
-1.0
5.2
-1.7
-50.3
-60.3
-25.2
-34.7
6.2
3.7
18.0
3.9
-2.8
Oct-23
8,519.6
950.3
7,569.3
489.7
410.8
790.0
448.4
6,289.5
1,734.6
1,037.7
715.0
607.0
 Oct-23
9.6
17.3
8.7
23.8
29.3
16.8
17.6
6.8
-2.0
15.5
6.9
-3.9
Nov-23
8,256.7
905.5
7,351.2
459.7
380.2
635.1
314.9
6,256.4
1,794.1
1,047.6
698.5
612.4
 Nov-23
5.1
10.7
4.5
-0.1
-0.5
-7.7
-15.5
6.3
3.6
17.2
3.9
-2.5
Dec-23
8,806.2
1,034.0
7,772.2
385.6
305.1
704.9
384.2
6,681.8
1,961.2
1,160.5
702.9
591.4
 Dec-23
3.7
4.9
3.5
1.9
1.9
7.1
8.6
3.3
1.1
13.6
4.3
-5.0
2024 Jan-24
9,297.7
1,087.9
8,209.8
436.6
354.9
686.6
357.0
7,086.6
2,174.1
1,274.3
711.4
617.3
 2024 Jan-24
10.1
20.2
8.9
-13.1
-16.1
6.7
10.5
10.9
3.0
24.2
5.3
-0.5
Feb-24
9,197.5
1,057.1
8,140.5
416.3
334.2
653.4
334.1
7,070.8
2,343.1
1,179.3
719.4
638.2
 Feb-24
9.3
14.6
8.7
-25.0
-29.7
0.2
2.5
12.5
16.3
24.3
6.3
3.1
Mar-24
8,928.5
1,013.9
7,914.6
325.4
243.9
651.2
323.5
6,938.0
2,191.5
1,152.9
722.4
669.0
 Mar-24
6.5
8.8
6.2
-24.9
-31.1
-2.1
-4.3
9.2
9.8
15.3
6.7
8.4
Apr-24
8,679.4
990.8
7,688.6
208.4
128.7
689.1
384.8
6,791.1
1,977.8
1,100.5
724.1
724.3
 Apr-24
6.5
8.1
6.3
-44.0
-56.3
-0.4
3.7
10.1
6.8
20.5
6.5
17.8
May-24
7,761.5
816.1
6,945.5
271.9
193.0
565.3
264.2
6,108.3
1,446.1
1,051.5
726.5
756.6
 May-24
0.2
1.0
0.1
-45.8
-54.5
-27.9
-39.9
8.1
7.9
13.9
6.5
23.2
Jun-24
7,270.9
720.3
6,550.6
170.4
91.5
618.7
336.4
5,761.5
1,242.0
1,000.3
729.2
766.0
 Jun-24
5.7
0.6
6.3
-8.2
-15.3
7.1
6.4
6.7
-2.5
13.0
6.6
27.1
Jul-24
8,322.4
921.2
7,401.3
133.4
53.8
690.8
399.6
6,577.0
1,787.1
1,113.7
731.9
763.9
 Jul-24
5.8
3.5
6.0
-34.4
-57.0
-7.1
-13.4
9.0
9.8
13.5
6.9
25.7
Aug-24
8,660.2
983.8
7,676.4
179.5
99.4
684.5
391.0
6,812.3
1,957.2
1,127.2
736.4
763.1
 Aug-24
4.8
3.0
5.0
-30.0
-44.2
-3.0
-2.7
7.3
7.7
10.2
7.1
24.8
Sep-24
7,809.6
840.2
6,969.4
182.4
101.9
682.6
395.9
6,104.4
1,328.6
1,020.2
738.6
767.7
 Sep-24
9.4
12.6
9.1
-23.6
-36.2
18.4
29.9
9.5
0.4
7.9
7.2
25.3
Oct-24
8,712.9
987.9
7,725.0
188.8
108.2
700.9
398.7
6,835.4
1,884.2
1,113.0
740.9
768.3
 Oct-24
2.3
4.0
2.1
-61.5
-73.7
-11.3
-11.1
8.7
8.6
7.2
3.6
26.6
Nov-24
8,180.1
817.7
7,362.4
324.2
243.6
653.2
333.7
6,384.9
1,631.6
1,099.9
799.3
773.2
 Nov-24
-0.9
-9.7
0.2
-29.5
-35.9
2.8
6.0
2.1
-9.1
5.0
14.4
26.3
Dec-24
9,176.1
1,040.0
8,136.1
264.6
183.8
756.0
433.9
7,115.5
1,904.1
1,210.4
806.5
772.1
 Dec-24
4.2
0.6
4.7
-31.4
-39.8
7.3
12.9
6.5
-2.9
4.3
14.7
30.5
Source: Maldives Bureau of Statistics
1/Figures represent the Monthly Gross Domestic Product (at constant prices) December 2024 published by the Maldives Bureau of Statistics on 15 February 2025.
Note: Figures have been revised from January 2021 onward.