Wealth share of the richest 1% in Maldives

Maldives: Wealth share of the richest 1% was 23.4% in 2024. ▼ Falling

Latest (2024)
23.4%
Change on year
unchanged
World rank
184th
of 215 countries
All-time high
38.1%
in 1992
All-time low
23.4%
in 2016
Years of data
45
1980–2024

Wealth share of the richest 1% in Maldives, 1980–2024

0102030401980200220241980: 38.1 %1981: 38.1 %1982: 38.1 %1983: 38.1 %1984: 38.1 %1985: 38.1 %1986: 38.1 %1987: 38.1 %1988: 38.1 %1989: 38.1 %1990: 38.1 %1991: 38.1 %1992: 38.1 %1993: 38.1 %1994: 38.1 %1995: 38.1 %1996: 38.1 %1997: 38.1 %1998: 38.1 %1999: 38.1 %2000: 38.1 %2001: 38.1 %2002: 38.1 %2003: 36 %2004: 32.5 %2005: 31 %2006: 29.8 %2007: 28.5 %2008: 26.4 %2009: 25.4 %2010: 25.1 %2011: 24.6 %2012: 24.3 %2013: 24 %2014: 23.7 %2015: 23.6 %2016: 23.4 %2017: 23.4 %2018: 23.4 %2019: 23.4 %2020: 23.4 %2021: 23.4 %2022: 23.4 %2023: 23.4 %2024: 23.4 %

Source: World Inequality Database (WID.world) (2026) – with major processing by Our World in Data. Measured in %.

Analysis

Maldives recorded 23.4% for wealth share of the richest 1% in 2024.

That represents a change of down 1.3% over ten years.

Over the whole period, wealth share of the richest 1% in Maldives peaked at 38.1% in 1992 and was at its lowest, 23.4%, in 2016.

Maldives ranks 184th of 215 countries on this measure, in the bottom quarter.

The long-run direction has been consistently falling across the 45 years of available data.

Wealth share of the richest 1% in Maldives, year by year

Annual values for Wealth share of the richest 1% in Maldives, 1980 to 2024.
Year % Change
1980 38.1%
1981 38.1% -0.1%
1982 38.1% +0.0%
1983 38.1% +0.1%
1984 38.1% -0.1%
1985 38.1% -0.0%
1986 38.1% +0.2%
1987 38.1% -0.1%
1988 38.1% -0.0%
1989 38.1% +0.1%
1990 38.1% +0.0%
1991 38.1% -0.2%
1992 38.1% +0.2%
1993 38.1% -0.2%
1994 38.1% +0.1%
1995 38.1% -0.1%
1996 38.1% +0.1%
1997 38.1% +0.0%
1998 38.1% -0.1%
1999 38.1% +0.0%
2000 38.1% -0.1%
2001 38.1% +0.0%
2002 38.1% +0.0%
2003 36.0% -5.5%
2004 32.5% -9.8%
2005 31.0% -4.5%
2006 29.8% -4.0%
2007 28.5% -4.4%
2008 26.4% -7.3%
2009 25.4% -3.6%
2010 25.1% -1.5%
2011 24.6% -2.0%
2012 24.3% -1.1%
2013 24.0% -1.4%
2014 23.7% -1.0%
2015 23.6% -0.8%
2016 23.4% -0.6%
2017 23.4% +0.0%
2018 23.4% +0.0%
2019 23.4% +0.0%
2020 23.4% +0.0%
2021 23.4% +0.0%
2022 23.4% +0.0%
2023 23.4% +0.0%
2024 23.4% +0.0%

Maldives compared with similar countries

  • Maldives's 23.4% is below the median for upper middle income countries, which is 27.2%, 86% of the median. (58 countries reporting)
  • Maldives's 23.4% is below the median for South Asia, which is 24.2%, 97% of the median. (6 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1980s 38.1% 38.1% 38.1% 10
1990s 38.1% 38.1% 38.1% 10
2000s 32.4% 25.4% 38.1% 10
2010s 23.9% 23.4% 25.1% 10
2020s 23.4% 23.4% 23.4% 5

Countries ranked near Maldives

  1. 181 Eritrea 23.6% compare
  2. 182 Mauritania 23.5% compare
  3. 183 Norway 23.5% compare
  4. 185 Seychelles 23.3% compare
  5. 186 Ireland 23.3% compare
  6. 187 Moldova 23.2% compare

See the full ranking of 215 places →

More reference data data for Maldives

All data for Maldives →

Frequently asked questions

What is wealth share of the richest 1% in Maldives?
Wealth share of the richest 1% in Maldives was 23.4% in 2024, according to World Inequality Database (WID.world) (2026) – with major processing by Our World in Data.
What is the highest wealth share of the richest 1% recorded in Maldives?
The highest recorded value was 38.1% in 1992.
What is the lowest wealth share of the richest 1% recorded in Maldives?
The lowest recorded value was 23.4% in 2016.
How does Maldives rank for wealth share of the richest 1%?
Maldives ranks 184th out of 215 countries with data for 2024.
Is wealth share of the richest 1% rising or falling in Maldives?
Over the last ten years it is down 1.3%. The long-run trend across the full record is falling.
Where does this Maldives data come from?
The figures come from World Inequality Database (WID.world) (2026) – with major processing by Our World in Data, published as part of Wealth share of the richest 1%. Statizoid updates them automatically from the source API.

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Wealth share of the richest 1% in Maldives. Statizoid, drawing on World Inequality Database (WID.world) (2026) – with major processing by Our World in Data. Retrieved 23 September 2026, from https://reference.statizoid.com/stat/wealth-share-richest/maldives/

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About this data

Indicator
Wealth share of the richest 1%
Unit
%
Source
World Inequality Database (WID.world) (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
215 places, 10,553 data points, 1800–2024
Last refreshed

Share of wealth owned by the richest 1% of the population. Wealth is defined as the total value of non-financial and financial assets (housing, land, deposits, bonds, equities, etc.) held by households, minus their debts.