Population, Total for Maldives
POPTOTMVA647NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
527,799.00
Year-over-Year Change
36.45%
Date Range
1/1/1960 - 1/1/2024
Summary
The 'Population, Total for Maldives' trend measures the total population of the Maldives, providing crucial insights for economists and policymakers analyzing demographic and economic developments in the country.
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
This series represents the total population of the Maldives, an island nation in the Indian Ocean. It is an important indicator for understanding population growth, density, and distribution, which inform economic and social policies.
Methodology
The data is collected and reported by the World Bank based on estimates and projections from national statistical offices and census reports.
Historical Context
Population data is essential for evaluating economic factors like labor force, consumption, and infrastructure needs.
Key Facts
- The Maldives has a population of over 530,000 as of 2020.
- Population growth in the Maldives has averaged around 1.8% annually over the past decade.
- The Maldives has a young population, with a median age of just 28 years.
FAQs
Q: What does this economic trend measure?
A: The 'Population, Total for Maldives' trend measures the total number of people residing in the Maldives, an island nation in the Indian Ocean.
Q: Why is this trend relevant for users or analysts?
A: Population data is crucial for understanding demographic and economic developments in the Maldives, informing policies related to the labor force, consumption, and infrastructure needs.
Q: How is this data collected or calculated?
A: The data is collected and reported by the World Bank based on estimates and projections from national statistical offices and census reports.
Q: How is this trend used in economic policy?
A: Population data is essential for evaluating economic factors like labor force, consumption, and infrastructure needs, making it a key input for policymakers and economists.
Q: Are there update delays or limitations?
A: The population data is updated annually, with some potential for delays in reporting from national statistical agencies.
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Citation
U.S. Federal Reserve, Population, Total for Maldives (POPTOTMVA647NWDB), retrieved from FRED.