Gross National Income for Maldives
MKTGNIMVA646NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6,210,358,218.88
Year-over-Year Change
137.58%
Date Range
1/1/1970 - 1/1/2024
Summary
Gross National Income (GNI) for Maldives measures the total income earned by a country's residents and businesses, both domestically and abroad. It is a key indicator of a nation's economic performance and living standards.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
GNI represents the sum of value added by all resident producers, plus any product taxes (less subsidies) not included in output, plus net receipts of income from abroad. This metric provides a comprehensive view of a country's economic activity and national welfare.
Methodology
GNI data for Maldives is collected and reported by the World Bank based on national accounts information.
Historical Context
Policymakers and analysts use Maldives' GNI to evaluate the overall health of the economy and inform decisions around fiscal, monetary, and development policies.
Key Facts
- Maldives' GNI per capita was $13,302 in 2021.
- GNI accounts for over 90% of Maldives' GDP.
- Tourism is a major contributor to Maldives' GNI.
FAQs
Q: What does this economic trend measure?
A: Gross National Income (GNI) for Maldives measures the total income earned by the country's residents and businesses, both domestically and abroad.
Q: Why is this trend relevant for users or analysts?
A: GNI is a key indicator of a nation's economic performance and living standards, providing a comprehensive view of a country's economic activity and national welfare.
Q: How is this data collected or calculated?
A: GNI data for Maldives is collected and reported by the World Bank based on national accounts information.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use Maldives' GNI to evaluate the overall health of the economy and inform decisions around fiscal, monetary, and development policies.
Q: Are there update delays or limitations?
A: GNI data for Maldives is typically published with a lag of 1-2 years by the World Bank.
Related Trends
Bank's Non-Interest Income to Total Income for Maldives
DDEI03MVA156NWDB
Infant Mortality Rate for Maldives
SPDYNIMRTINMDV
Geographical Outreach: Number of Institutions, Other Depository Corporations for Maldives
MDVFCIODNUM
Use of Financial Services: Key Indicators, Depositors with Commercial Banks Per 1000 Adults for Maldives
MDVFCDODCANUM
Number of Identified Exporters to Maldives from Virginia
VAMDVA475SCEN
Number of Identified Exporters to Maldives from Pennsylvania
PAMDVA475SCEN
Citation
U.S. Federal Reserve, Gross National Income for Maldives (MKTGNIMVA646NWDB), retrieved from FRED.