Military spending, annual growth rate in Maldives

Maldives: Military spending, annual growth rate was 1.79 % change on previous year in 2016. ◆ Volatile

Latest (2016)
1.79 % change on previous year
Change on year
down 66.5%
World rank
137th
of 172 countries
All-time high
32.12 % change on previous year
in 1992
All-time low
-15.82 % change on previous year
in 1978
Years of data
51
1966–2016

Military spending, annual growth rate in Maldives, 1966–2016

-20-100102030196619912016

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2016, military spending, annual growth rate in Maldives stood at 1.79 % change on previous year.

The figure is down 66.5% on the previous year and down 85.5% over ten years.

Over the whole period, military spending, annual growth rate in Maldives peaked at 32.12 % change on previous year in 1992 and was at its lowest, -15.82 % change on previous year, in 1978.

Maldives ranks 137th of 172 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Military spending, annual growth rate in Maldives, year by year

Annual values for Military spending, annual growth rate in Maldives, 1966 to 2016.
Year % change on previous year Change
1966 1.28 % change on previous year
1967 -9.26 % change on previous year -825.3%
1968 -3.44 % change on previous year -62.8%
1969 -3.96 % change on previous year +15.2%
1970 -5 % change on previous year +26.3%
1971 2.05 % change on previous year -141.0%
1972 -3.7 % change on previous year -280.0%
1973 -13.59 % change on previous year +267.5%
1974 -7.09 % change on previous year -47.8%
1975 -6.68 % change on previous year -5.8%
1976 -0.9465 % change on previous year -85.8%
1977 -6.66 % change on previous year +604.1%
1978 -15.82 % change on previous year +137.4%
1979 -0.0143 % change on previous year -99.9%
1980 -11.68 % change on previous year +81576.9%
1981 -6.68 % change on previous year -42.8%
1982 -0.4564 % change on previous year -93.2%
1983 -5.02 % change on previous year +1000.1%
1984 -3.47 % change on previous year -30.8%
1985 17.35 % change on previous year -599.3%
1986 26.4 % change on previous year +52.2%
1987 23.06 % change on previous year -12.6%
1988 28.29 % change on previous year +22.7%
1989 18.9 % change on previous year -33.2%
1990 9.62 % change on previous year -49.1%
1991 19.43 % change on previous year +102.0%
1992 32.12 % change on previous year +65.4%
1993 5.13 % change on previous year -84.0%
1994 17.94 % change on previous year +249.8%
1995 15.18 % change on previous year -15.4%
1996 15.24 % change on previous year +0.4%
1997 14.7 % change on previous year -3.6%
1998 15.28 % change on previous year +3.9%
1999 3.07 % change on previous year -79.9%
2000 -2.51 % change on previous year -181.8%
2001 -4.69 % change on previous year +86.8%
2002 -3.65 % change on previous year -22.2%
2003 -1.82 % change on previous year -50.0%
2004 -1.47 % change on previous year -19.6%
2005 18.72 % change on previous year -1376.4%
2006 12.35 % change on previous year -34.0%
2007 -1.82 % change on previous year -114.7%
2008 -5.09 % change on previous year +179.9%
2009 1.04 % change on previous year -120.4%
2010 -0.3524 % change on previous year -134.0%
2011 0.1193 % change on previous year -133.8%
2012 0.1338 % change on previous year +12.2%
2013 1.72 % change on previous year +1187.2%
2014 0.2134 % change on previous year -87.6%
2015 5.33 % change on previous year +2398.1%
2016 1.79 % change on previous year -66.5%

Maldives compared with similar countries

  • Maldives's 1.79 % change on previous year is below the median for upper middle income countries, which is 5.16 % change on previous year, 35% of the median. (49 countries reporting)
  • Maldives's 1.79 % change on previous year is above the median for South Asia, which is 1.6 % change on previous year, 1.1× the median. (6 countries reporting)

Biggest year-on-year movements

Years where Military spending, annual growth rate in Maldives changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1980 -81576.9% -0.0143 % change on previous year -11.68 % change on previous year
2015 +2398.1% 0.2134 % change on previous year 5.33 % change on previous year
2005 +1376.4% -1.47 % change on previous year 18.72 % change on previous year
2013 +1187.2% 0.1338 % change on previous year 1.72 % change on previous year
1983 -1000.1% -0.4564 % change on previous year -5.02 % change on previous year
1967 -825.3% 1.28 % change on previous year -9.26 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1960s -3.85 % change on previous year -9.26 % change on previous year 1.28 % change on previous year 4
1970s -5.75 % change on previous year -15.82 % change on previous year 2.05 % change on previous year 10
1980s 8.67 % change on previous year -11.68 % change on previous year 28.29 % change on previous year 10
1990s 14.77 % change on previous year 3.07 % change on previous year 32.12 % change on previous year 10
2000s 1.11 % change on previous year -5.09 % change on previous year 18.72 % change on previous year 10
2010s 1.28 % change on previous year -0.3524 % change on previous year 5.33 % change on previous year 7

Countries ranked near Maldives

  1. 134 Sierra Leone 2.02 % change on previous year compare
  2. 135 Namibia 2.01 % change on previous year compare
  3. 136 Australia 1.79 % change on previous year compare
  4. 138 Indonesia 1.67 % change on previous year compare
  5. 139 Guinea-Bissau 1.66 % change on previous year compare
  6. 140 Uzbekistan 1.65 % change on previous year compare

See the full ranking of 172 places →

More reference data data for Maldives

All data for Maldives →

Frequently asked questions

What is military spending, annual growth rate in Maldives?
Military spending, annual growth rate in Maldives was 1.79 % change on previous year in 2016, according to Statizoid (derived).
What is the highest military spending, annual growth rate recorded in Maldives?
The highest recorded value was 32.12 % change on previous year in 1992.
What is the lowest military spending, annual growth rate recorded in Maldives?
The lowest recorded value was -15.82 % change on previous year in 1978.
How does Maldives rank for military spending, annual growth rate?
Maldives ranks 137th out of 172 countries with data for 2016.
Is military spending, annual growth rate rising or falling in Maldives?
Over the last ten years it is down 85.5%. The long-run trend across the full record is volatile.
Where does this Maldives data come from?
The figures come from Statizoid (derived), published as part of Military spending, annual growth rate. Statizoid updates them automatically from the source API.

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Military spending, annual growth rate in Maldives. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://reference.statizoid.com/stat/military-spending-annual-growth-rate-2/maldives/

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How this figure is calculated

The year-on-year percentage change in Military spending. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Military spending, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
172 places, 15,188 data points, 1817–2023
Last refreshed

The year-on-year percentage change in Military spending. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.