Maldives's GNI per capita, PPP (constant 2021 international $) was 20,960 in 2024, the latest year in the World Bank's World Development Indicators. That is down 17.46% from 25,394 in 2014 (1.9% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 20,960 | 2024 |
| Five years earlier | 23,491 | 2019 |
| Ten years earlier | 25,394 | 2014 |
| Highest | 25,394 | 2014 |
| Lowest | 14,625 | 2020 |
| Average since 2015 | 20,596 | 2015–2024 |
| First recorded | 25,394 | 2014 |
What the numbers say
In 2024, Maldives' GNI per capita, PPP (constant 2021 international $) rose 1,905 on 2023 (from 19,055 to 20,960).
Across the 9 yearly changes before that (2015 to 2023), the average change was −704.33 and a typical year strayed about 3,396 from that (the standard deviation). This year's change was 0.8 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 2,486 in 2021 and the biggest yearly fall was 8,866 in 2020. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 there is no clear straight-line trend: a straight line explains 28% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Maldives had the 29th highest value of the 48 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Maldives | 20,960 | 2024 |
| World | 19,401 | 2024 |
| South Asia | 9,815 | 2025 |
Closest to Maldives in the 2024 ranking
- Bahamas, The — 26th of 48: 34,710
- Kazakhstan — 27th of 48: 34,287
- Albania — 28th of 48: 22,397
- Palau — 30th of 48: 18,498
- Botswana — 31st of 48: 17,803
- Iran, Islamic Rep. — 32nd of 48: 16,077
What this measures
This indicator provides values for gross national income (GNI) per person expressed in constant international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. Gross national income is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad. The core indicator has been divided by the general population to achieve a per capita estimate. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2021. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 11 values
| Year | GNI per capita, PPP (constant 2021 international $) |
|---|---|
| 2024 | 20,960 |
| 2023 | 19,055 |
| 2022 | 19,562 |
| 2021 | 17,111 |
| 2020 | 14,625 |
| 2019 | 23,491 |
| 2018 | 22,796 |
| 2017 | 22,576 |
| 2016 | 22,279 |
| 2015 | 23,508 |
| 2014 |
GNI per capita, PPP (constant 2021 international $) in nearby economies
- Bangladesh — 9,153 (2025)
- Bhutan — 14,485 (2024)
- India — 9,910 (2025)
- Nepal — 5,351 (2025)
- Sri Lanka — 14,291 (2025)
More economic policy & debt data for Maldives
- Grants, excluding technical cooperation (BoP, current US$) — US$148.38 million (2023)
- Technical cooperation grants (BoP, current US$) — US$5.31 million (2023)
- Net bilateral aid flows from DAC donors, Total (current US$) — US$18.53 million (2023)
- Net official development assistance and official aid received (current US$) — US$200.51 million (2023)
- Net official development assistance and official aid received (constant 2023 US$) — US$200.51 million (2023)
- Net official development assistance received (current US$) — US$200.51 million (2023)
- Net official development assistance received (constant 2023 US$) — US$200.51 million (2023)
- Net ODA received per capita (current US$)
Reading data like this
Questions people ask
- What is Maldives's GNI per capita, PPP (constant 2021 international $)?
- 20,960 in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 2014?
- It is down 17.46% from 25,394 in 2014 (1.9% a year on average, compounded). The highest value was 25,394 in 2014 and the lowest 14,625 in 2020.
- How does Maldives rank?
- 29th highest of 48 economies with data for 2024.
- Is the latest change in GNI per capita, PPP (constant 2021 international $) unusual for Maldives?
- In 2024, Maldives' GNI per capita, PPP (constant 2021 international $) rose 1,905 on 2023 (from 19,055 to 20,960). Across the 9 yearly changes before that (2015 to 2023), the average change was −704.33 and a typical year strayed about 3,396 from that (the standard deviation). This year's change was 0.8 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator NY.GNP.PCAP.PP.KD, licensed CC BY 4.0. Original source: International Comparison Program (ICP), World Bank (WB), uri: https://www.worldbank.org/en/programs/icp/data, note: This information is for ICP’s PPPs utilized in WDI, publisher: International Comparison Program (ICP), date accessed: May 30, 2024, date published: May 30, 2024; The Eurostat PPP Progr… Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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