hosted by
funded by
Country Report Maldives April 2022
PDF
HTMLOutlook for 2022-23: Forecast summary
| Forecast summary | ||||
| (% unless otherwise indicated) | ||||
| 2020a | 2021b | 2022c | 2023c | |
| Real GDP growth | -33.6 | 30.0 | 12.0 | 8.5 |
| Gross fixed investment growth | -32.0 | 6.0 | 7.5 | 5.0 |
| Gross agricultural production growth | 7.0 | -15.9 | 12.8 | 8.1 |
| Consumer price inflation (av) | -1.4 | 0.5 | 2.5 | 2.0 |
| Consumer price inflation (end-period) | -1.3 | 0.0 | 0.7 | 0.0 |
| Lending interest rate | 11.6 | 11.4 | 11.5 | 11.7 |
| Government balance (% of GDP) | -27.6 | -18.1 | -10.5 | -7.2 |
| Exports of goods fob (US$ m) | 257.6 | 315.0 | 330.0 | 340.0 |
| Imports of goods fob (US$ m) | 1,708.3 | 2,035.7 | 2,195.0 | 2,490.7 |
| Current-account balance (US$ m) | -1,327.4 | -1,085.9 | -989.2 | -988.9 |
| Current-account balance (% of GDP) | -35.5 | -27.2 | -22.0 | -20.4 |
| External debt (year-end; US$ m) | 3,352.2 | 3,313.3 | 3,573.6 | 3,692.9 |
| Exchange rate Rf:US$ (av) | 15.38 | 15.37a | 15.38 | 15.39 |
| Exchange rate Rf:US$ (end-period) | 15.41 | 15.39a | 15.38 | 15.39 |
| Exchange rate Rf:¥100 (av) | 14.41 | 14.00a | 13.20 | 12.99 |
| Exchange rate Rf:€ (av) | 17.55 | 18.19a | 17.19 | 17.35 |
| a Actual. b EIU estimates. c EIU forecasts. | ||||
Download the numbers in Excel
© 2022 The Economist lntelligence Unit Ltd. All rights reserved
Whilst every effort has been taken to verify the accuracy of this information, The Economist lntelligence Unit Ltd. cannot accept any responsibility or liability for reliance by any person on this information