Maldives

Maldives

Economic Position

Maldives posted gross domestic product of about $7.06 billion in 2024, per World Bank WDI, with GDP per capita of roughly $13,379 the same year — among the higher per-capita figures in this dataset. Population was 527,799 in 2024, per World Bank WDI. Government debt is a standout figure: the IMF WEO puts it at 129.4% of GDP for 2026. Reserves were approximately $674 million in 2024, per World Bank WDI.

Governance

V-Dem v15's 2025 data gives Maldives an electoral democracy index of 0.556 and a liberal democracy index of 0.416, both in the middle range of the index's scale. State capacity is scored higher, at 0.763, for the same year.

Military and Power Indicators

The Correlates of War National Material Capabilities dataset records zero active military personnel for Maldives in 2022, with a composite index of national capability (CINC) of 3.1270771e-05 for the same year. No SIPRI military-expenditure data appears in this bundle.

Energy

Primary energy consumption was 0.0282 exajoules in 2023, per Our World in Data. Electricity generation was 0.85 terawatt-hours in 2024, per the same source. Oil and gas production were both 0.0 terawatt-hours in 2016, per Our World in Data, consistent with an economy without recorded domestic hydrocarbon output in that series.

Data Gaps

No SIPRI milex figures are present, so defense spending cannot be stated in dollars or as a share of GDP. The oil and gas production series dates to 2016, well behind the 2023-2024 energy figures elsewhere in this bundle, and should not be read as current. The debt figure of 129.4% of GDP is the single most notable data point here and is carried as an IMF WEO 2026 projection rather than an outturn; no prior-year debt figure is available in this bundle for comparison.

Sources: World Bank WDI, IMF WEO, Correlates of War National Material Capabilities, V-Dem v15, Our World in Data (Energy).