Maldives's manufacturing, value added (constant LCU) was 1.83 billion in 2025, the latest year in the World Bank's World Development Indicators. That is up 42.36% from 1.29 billion in 2015 (3.59% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 1.83 billion | 2025 |
| Five years earlier | 1.52 billion | 2020 |
| Ten years earlier | 1.29 billion | 2015 |
| Highest | 1.88 billion | 2019 |
| Lowest | 517.59 million | 1996 |
| Average since 2016 | 1.7 billion | 2016–2025 |
| First recorded | 519.6 million |
What the numbers say
In 2025, Maldives' manufacturing, value added (constant LCU) rose 19.4% on 2024 (from 1.54 billion to 1.83 billion).
Across the 29 yearly changes before that (1996 to 2024), the average change was +4.4% and a typical year strayed about 10.5% from that (the standard deviation). This year's change was 1.4 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.
On record, the biggest yearly rise was 19.4% in 2025 and the biggest yearly fall was 21.1% in 2009. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2016 to 2025 there is no clear straight-line trend: a straight line explains 13% 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 2025, Maldives had the 120th highest value of the 136 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.
Closest to Maldives in the 2025 ranking
- Bahrain — 117th of 136: 2.37 billion
- Azerbaijan — 118th of 136: 2.24 billion
- West Bank and Gaza — 119th of 136: 1.91 billion
- Seychelles — 121st of 136: 1.63 billion
- Brunei Darussalam — 122nd of 136: 1.61 billion
- Cyprus — 123rd of 136: 1.32 billion
What this measures
Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. 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 varies by country. This series is expressed in local currency units.
All 31 values
| Year | Manufacturing, value added (constant LCU) |
|---|---|
| 2025 | 1,833,571,600 |
| 2024 | 1,536,122,300 |
| 2023 | 1,841,285,300 |
| 2022 | 1,808,227,600 |
| 2021 | 1,707,789,400 |
| 2020 | 1,516,451,900 |
| 2019 | 1,877,153,100 |
| 2018 | 1,822,184,600 |
| 2017 | 1,616,867,600 |
| 2016 | 1,411,557,000 |
Manufacturing, value added (constant LCU) in nearby economies
- Bangladesh — 8.43 trillion (2025)
- Bhutan — 10.07 billion (2024)
- India — 47.84 trillion (2025)
- Nepal — 129.25 billion (2025)
- Sri Lanka — 2.17 trillion (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 manufacturing, value added (constant LCU)?
- 1.83 billion in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 1995?
- It is up 252.88% from 519.6 million in 1995 (4.29% a year on average, compounded). The highest value was 1.88 billion in 2019 and the lowest 517.59 million in 1996.
- How does Maldives rank?
- 120th highest of 136 economies with data for 2025.
- Is the latest change in manufacturing, value added (constant LCU) unusual for Maldives?
- In 2025, Maldives' manufacturing, value added (constant LCU) rose 19.4% on 2024 (from 1.54 billion to 1.83 billion). Across the 29 yearly changes before that (1996 to 2024), the average change was +4.4% and a typical year strayed about 10.5% from that (the standard deviation). This year's change was 1.4 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.
Source
World Bank, World Development Indicators, indicator NV.IND.MANF.KN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; Staff estimates, World Bank (WB) 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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