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Economy of France vs Maldives compared: GDP & Debt

Updated on by Georank team

France has a GDP of $3.16T compared to $7.06B for Maldives, ranking 7/197 and 159/197 by economy size, respectively.

France has $3.58T in government debt (113.1% of GDP), compared to $9.41B (133.3% of GDP) in Maldives.

France vs Maldives GDP by year

France
Maldives
1x
Year GDP, current $
France Maldives
2024 $3,160,442,622,465 $7,061,608,267
2023 $3,056,250,648,138 $6,621,008,704
2022 $2,794,788,137,067 $6,177,123,352
2021 $2,966,433,692,008 $5,252,457,370
2020 $2,647,926,055,110 $3,712,604,583
2019 $2,722,793,515,172 $5,726,094,799
2018 $2,781,576,320,884 $5,404,344,163
2017 $2,588,868,323,335 $4,816,426,257
2016 $2,470,407,619,777 $4,409,942,624
2015 $2,442,483,452,643 $4,129,505,319
2014 $2,861,236,112,552 $3,697,353,039
2013 $2,816,077,607,875 $3,295,009,238
2012 $2,683,007,095,787 $2,886,163,997
2011 $2,870,408,553,990 $2,774,350,240
2010 $2,646,230,027,988 $2,588,176,055
2009 $2,700,075,882,519 $2,345,294,875
2008 $2,926,802,941,586 $2,271,646,188
2007 $2,655,816,911,867 $1,868,383,461
2006 $2,317,861,544,691 $1,575,200,391
2005 $2,192,146,403,028 $1,163,362,438
2004 $2,109,792,297,237 $1,226,829,563
2003 $1,835,095,983,049 $1,052,121,055
2002 $1,492,427,756,382 $897,031,250
2001 $1,370,376,677,299 $870,031,677
2000 $1,360,959,069,477 $624,337,145
1999 $1,486,915,879,702 $589,239,754
1998 $1,496,906,382,032 $540,096,398
1997 $1,449,392,222,971 $508,223,602
1996 $1,598,889,216,566 $450,382,328
1995 $1,595,219,345,512 $398,988,955
1994 $1,385,822,778,828 $356,014,932
1993 $1,314,383,368,080 $322,417,837
1992 $1,389,663,073,110 $284,875,809
1991 $1,258,961,748,634 $244,396,762
1990 $1,257,649,439,827 $215,043,970
1989 $1,016,742,237,302 $189,514,434
1988 $1,010,827,662,152 $168,514,513
1987 $926,320,855,615 $141,223,029
1986 $764,946,585,851 $141,882,254
1985 $547,220,981,165 $127,190,758
1984 $525,033,325,828 $109,503,546
1983 $553,356,312,936 $57,829,787
1982 $578,152,310,610 $47,911,340
1981 $609,184,791,792 $44,781,457
1980 $694,529,183,483 $42,463,576
1979 $608,218,624,730 $38,523,364
1978 $501,724,418,605 $24,369,109
1977 $406,401,711,688 $20,853,789
1976 $368,363,152,144 $22,399,467
1975 $357,324,307,786 $24,540,878
1974 $282,739,225,314 $39,120,171
1973 $261,970,536,240 $30,862,042
1972 $201,738,881,664 $25,177,138
1971 $164,694,210,962 $21,566,404
1970 $147,312,861,698 $19,328,038
1969 $140,660,914,841 -
1968 $128,710,572,572 -
1967 $118,088,635,381 -
1966 $109,306,730,313 -
1965 $100,927,668,584 -
1964 $93,424,179,943 -
1963 $84,227,606,650 -
1962 $75,196,980,365 -
1961 $67,158,050,215 -
1960 $61,959,085,885 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/france/maldives | CC BY

GDP per capita in France vs Maldives by year

France
GDP per capita

GDP per capita, PPP
Maldives
GDP per capita

GDP per capita, PPP
1x
Year Current $
France Maldives
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $46,103 $62,557 $13,379 $26,183
2023 $44,700 $60,839 $12,588 $24,786
2022 $40,989 $57,043 $11,786 $22,881
2021 $43,725 $52,517 $10,176 $19,053
2020 $39,170 $49,482 $7,394 $13,425
2019 $40,408 $51,130 $11,740 $23,077
2018 $41,418 $46,381 $11,423 $21,899
2017 $38,687 $44,469 $10,510 $19,768
2016 $37,024 $42,880 $9,948 $18,770
2015 $36,702 $40,905 $9,645 $17,875
2014 $43,148 $40,218 $8,939 $16,723
2013 $42,669 $39,583 $8,236 $15,264
2012 $40,864 $37,671 $7,461 $13,989
2011 $43,930 $37,510 $7,425 $13,726
2010 $40,695 $35,908 $7,174 $12,797
2009 $41,728 $34,685 $6,734 $12,266
2008 $45,465 $35,053 $6,757 $13,779
2007 $41,486 $34,066 $5,758 $12,852
2006 $36,432 $32,424 $5,019 $12,075
2005 $34,696 $30,431 $3,797 $9,704
2004 $33,645 $28,921 $4,070 $10,770
2003 $29,480 $28,024 $3,549 $10,065
2002 $24,145 $28,350 $3,076 $8,823
2001 $22,332 $27,347 $3,034 $8,236
2000 $22,341 $26,007 $2,214 $8,526
1999 $24,576 $24,204 $2,124 $8,162
1998 $24,869 $23,263 $1,980 $7,710
1997 $24,169 $22,190 $1,898 $7,226
1996 $26,758 $21,268 $1,717 $6,687
1995 $26,792 $20,701 $1,555 $6,223
1994 $23,360 $19,892 $1,419 $5,520
1993 $22,239 $19,094 $1,317 $5,138
1992 $23,615 $18,801 $1,194 $4,881
1991 $21,501 $18,198 $1,054 $4,604
1990 $21,586 $17,475 $957 $4,528
1989 $17,547 - $870 -
1988 $17,550 - $799 -
1987 $16,176 - $692 -
1986 $13,430 - $720 -
1985 $9,657 - $669 -
1984 $9,312 - $594 -
1983 $9,862 - $323 -
1982 $10,360 - $274.8 -
1981 $10,956 - $264.1 -
1980 $12,565 - $257.6 -
1979 $11,063 - $240.2 -
1978 $9,167 - $156.1 -
1977 $7,459 - $137.3 -
1976 $6,792 - $151.8 -
1975 $6,617 - $171.4 -
1974 $5,261 - $281.5 -
1973 $4,907 - $228.7 -
1972 $3,809 - $192.2 -
1971 $3,137 - $169.8 -
1970 $2,833 - $156.9 -
1969 $2,729 - - -
1968 $2,518 - - -
1967 $2,328 - - -
1966 $2,173 - - -
1965 $2,024 - - -
1964 $1,891 - - -
1963 $1,723 - - -
1962 $1,554 - - -
1961 $1,402 - - -
1960 $1,307 - - -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/france/maldives | CC BY

France's GDP per capita is $46,103, ranking 27/197, compared to $13,379 in Maldives, ranking 75/197. Adjusted for purchasing power (GDP per capita PPP), France ranks 30th at $62,557, while Maldives ranks 81st at $26,183.

Economic indicators

France Maldives
Gross domestic product
$3.16T
2024
$7.06B
2024
GDP rank
7/197
2024
159/197
2024
GDP growth
1.19%
2023-2024
3.49%
2023-2024
GDP per capita
$46,103
2024
$13,379
2024
GDP per capita rank
27/197
2024
75/197
2024
GDP per capita, PPP
$62,557
2024
$26,183
2024
GDP per capita PPP rank
30/197
2024
81/197
2024
Government debt
$3.58T
2024
$9.41B
2024
Debt-to-GDP ratio
113.1%
2024
133.3%
2024
Government debt per person
$52,165
2024
$17,837
2024
Government debt per person rank
8/185
2024
35/185
2024
Average annual personal income after taxes
$35,669
2026
$9,909
2026
Market capitalization of domestic companies
$2.37T
2018
n/a
Number of millionaires
2,897,000
2025
n/a
Number of billionaires
52
2025
n/a
Income share by richest 10%
25%
2023
23.3%
2019
Income share by poorest 10%
3%
2023
3.8%
2019
Government expenditure, % of GDP
57.2%
2024
46.1%
2024
Consumer prices inflation
2%
2023-2024
1.4%
2023-2024
Unemployment rate
7.44%
2024
4.56%
2019
Population
68788006
532057

Spending and national debt comparison by year

France
Spending

Debt
Maldives
Spending

Debt
1x
Year % of GDP
France Maldives
Government spending Government debt Government spending Government debt
2024 57.2% 113.1% 46.1% 133.3%
2023 56.8% 109.6% 46.7% 122.4%
2022 58.4% 111.4% 42% 111.6%
2021 59.5% 112.8% 40.6% 123.4%
2020 61.7% 114.9% 50.4% 155.7%
2019 55.3% 98.1% 32.9% 77.2%
2018 56.4% 98.5% 31.9% 70.7%
2017 57.7% 98.7% 30.4% 63.8%
2016 57.4% 98.1% 37.3% 61.9%
2015 57.6% 96.9% 33.8% 54.8%
2014 58.4% 96.1% 29.1% 55.1%
2013 58.6% 94.5% 27% 55.9%
2012 57.9% 91.7% 29.8% 57.1%
2011 57% 88.7% 31.3% 51.9%
2010 57.7% 86.3% 33.2% 52.7%
2009 58% 84.1% 37% 48.4%
2008 54.3% 69.8% 35.6% 39%
2007 53.6% 65.5% 34.8% 35.8%
2006 53.7% 65.4% 35% 36.8%
2005 54.3% 68.2% 38.8% 43.2%
2004 54% 66.9% 24.1% 34.7%
2003 54.4% 65.4% 26.4% 37.6%
2002 53.9% 61.3% 29.6% 44.3%
2001 52.8% 59.3% 29.6% 41.8%
2000 52.6% 59.7% 29% 39%
1999 53.7% 61.4% 28% 38.9%
1998 54% 62.1% 25.9% 39.3%
1997 55.6% 62% 25.2% 38.1%
1996 56% 60.6% 27.3% 46.9%
1995 56% 57.8% 31.3% 52.2%
1994 55.9% 51.6% 30.7% 54.6%
1993 56.5% 48.2% 34.7% 55.7%
1992 54% 41.7% 36.1% 49%
1991 52.7% 37.8% 37.7% 46.7%
1990 51.6% 36.8% 33.3% 42.4%
1989 48.9% 34% - -
1988 50.1% 33.3% - -
1987 50.7% 33.4% - -
1986 51.3% 31.1% - -
1985 51.9% 30.6% - -
1984 51.2% 29% - -
1983 50.2% 26.6% - -
1982 49.9% 25.3% - -
1981 48.5% 22% - -
1980 46% 20.7% - -
1979 44.9% 21.1% - -
1978 44.7% 21.2% - -
1977 21.4% 15% - -
1976 21.7% 15.1% - -
1975 22% 16.1% - -
1974 19.9% 15.4% - -
1973 19.7% 15.8% - -
1972 19.8% 17.7% - -
1971 20% 20.1% - -
1970 20.5% 21% - -
1969 21.5% 14.4% - -
1968 22.7% 15.8% - -
1967 21.4% 16.1% - -
1966 21.4% 15.3% - -
1965 21.1% 17.6% - -
1964 21% 19.6% - -
1963 22.6% 22.2% - -
1962 21.7% 23.6% - -
1961 21.9% 26.3% - -
1960 22.2% 28.5% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1996, retrieved 2026-02-20).

GeoRank.org/economy/france/maldives | CC BY

In 2024, France's government spending was $1.81T, accounting for 57.2% of its GDP, while Maldives spent $3.25B, or 46.1% of GDP.

Debt-to-GDP ratio is 113.1% in France and 133.3% in Maldives, ranking 14/185 and 10/185, respectively.

Government deficit by year

Deficit/surplus
France

Maldives
1x
Year Deficit/surplus, % of GDP
France Maldives
2024 -5.77% -13.9%
2023 -5.44% -13.2%
2022 -4.74% -11.2%
2021 -6.58% -14.2%
2020 -8.93% -23.7%
2019 -2.39% -6.54%
2018 -2.32% -5.17%
2017 -3.36% -3.02%
2016 -3.76% -9.93%
2015 -3.89% -6.52%
2014 -4.57% -2.42%
2013 -4.94% -3.49%
2012 -5.17% -6.91%
2011 -5.3% -8.13%
2010 -7.16% -13.6%
2009 -7.38% -17.9%
2008 -3.5% -9.92%
2007 -2.99% -3.16%
2006 -2.66% -4.52%
2005 -3.5% -7.81%
2004 -3.55% -2.26%
2003 -4.09% -3.45%
2002 -3.18% -3.97%
2001 -1.42% -3.97%
2000 -1.32% -3.89%
1999 -1.55% -3.03%
1998 -2.39% -2.25%
1997 -3.71% -1.46%
1996 -3.89% -2.01%
1995 -5.11% -5.66%
1994 -5.46% -4.82%
1993 -6.4% -13.9%
1992 -4.64% -12.6%
1991 -2.89% -10.2%
1990 -2.45% -12.8%
1989 -1.9% -
1988 -2.7% -
1987 -2.13% -
1986 -3.3% -
1985 -3.08% -
1984 -2.8% -
1983 -2.58% -
1982 -2.91% -
1981 -2.39% -
1980 -0.27% -
1979 -0.36% -
1978 -1.73% -
1977 0.9% -
1976 1.01% -
1975 -0.28% -
1974 3.05% -
1973 1.97% -
1972 1.94% -
1971 -0.13% -
1970 0.02% -
1969 -0.49% -
1968 -2.54% -
1967 -0.8% -
1966 -0.57% -
1965 -0.07% -
1964 -0.25% -
1963 -2.24% -
1962 -1.53% -
1961 -1.36% -
1960 -1.95% -
1959 0.56% -
1958 0.08% -
1957 -1.99% -
1956 -2.62% -
1955 -1.04% -
1954 -0.78% -
1953 -4.79% -
1952 -6.82% -
1951 -4.42% -
1950 -5.56% -
1949 -7.31% -
1948 -9.11% -
1947 -7.6% -
1946 -8.1% -
1945 - -
1944 - -
1943 - -
1942 - -
1941 - -
1940 - -
1939 - -
1938 - -
1937 -6.89% -
1936 -4.76% -
1935 -4.22% -
1934 -4.31% -
1933 -4.96% -
1932 -1.86% -
1931 -2.06% -
1930 -1.65% -
1929 1.48% -
1928 1.13% -
1927 -0.04% -
1926 -0.02% -
1925 -0.87% -
1924 - -
1923 - -
1922 - -
1921 - -
1920 - -
1919 - -
1918 - -
1917 - -
1916 - -
1915 - -
1914 - -
1913 0.05% -
1912 0.23% -
1911 0.31% -
1910 -0.12% -
1909 -0.11% -
1908 -0.15% -
1907 0.23% -
1906 -0.04% -
1905 0.18% -
1904 0.3% -
1903 0.21% -
1902 -0.37% -
1901 -0.39% -
1900 0.21% -
1899 0.21% -
1898 0.29% -
1897 0.01% -
1896 -0.03% -
1895 -0.07% -
1894 -0.08% -
1893 -0.3% -
1892 -0.03% -
1891 0.36% -
1890 0.31% -
1889 0.09% -
1888 0.18% -
1887 -0.07% -
1886 -0.5% -
1885 -0.59% -
1884 -0.35% -
1883 -0.23% -
1882 -0.15% -
1881 0.64% -
1880 0.65% -

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1880–1989, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/france/maldives | CC BY

In 2024, France's government deficit, the difference between spending and revenue, was $182B, equivalent to 5.77% of GDP. This compares to Maldives' deficit of $982M, or 13.9% of GDP.

Over the past 35 years, France recorded a fiscal deficit in 35 of those years, while Maldives ran a deficit in 35 years. On average, France posted an annual deficit equal to 4.18% of GDP, compared to deficit of 7.75% of GDP for Maldives.

Inflation comparison by year

Inflation
France

Maldives
1x
Year Consumer prices inflation
France Maldives
2024 2% 1.4%
2023 4.88% 2.6%
2022 5.22% 2.6%
2021 1.64% 0.2%
2020 0.48% -1.6%
2019 1.11% 1.3%
2018 1.85% 1.4%
2017 1.03% 2.3%
2016 0.18% 0.8%
2015 0.04% 1.4%
2014 0.51% 2.4%
2013 0.86% 4%
2012 1.95% 10.9%
2011 2.11% 11.3%
2010 1.53% 6.1%
2009 0.09% 4.5%
2008 2.81% 12%
2007 1.49% 6.8%
2006 1.68% 3.5%
2005 1.75% 2.5%
2004 2.14% 6.3%
2003 2.1% -2.8%
2002 1.92% 0.9%
2001 1.63% 0.7%
2000 1.68% -1.2%
1999 0.54% 3%
1998 0.65% -1.4%
1997 1.2% 7.6%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/france/maldives | CC BY

Over the past 28 years, France has recorded an average annual inflation rate of 1.61%, compared with 3.2% in Maldives. In 2024, inflation was 2% in France and 1.4% in Maldives.

Top exports between countries

France
Export category Export value
Machinery & equipment $22.1M
Processed food, beverages & tobacco $16.3M
Chemicals & pharma $7.5M
Animal & marine products $3.8M
Textiles & consumer goods $1.67M
Raw agricultural goods $1.01M
Metals $924K
Precious metals & jewellery $715K
Raw materials & minerals $266K
Wood & paper products $245K
Maldives
Export category Export value
Animal & marine products $3.61M
Textiles & consumer goods $18K
Chemicals & pharma $17K
Metals $7K
Wood & paper products $7K
Machinery & equipment $3K

Balance of trade

France Maldives
Current account balance
$2.69B
2024
-$1.32B
2024
Current account balance ranking
42/190
2024
130/190
2024
Current account balance, % of GDP
+0.09%
2024
-18.7%
2024
Goods imports
$733B
2024
$3.46B
2024
Goods exports
$668B
2024
$383M
2024
Service imports
$341B
2024
$1.89B
2024
Service exports
$403B
2024
$5.03B
2024
Imports of goods and services, % of GDP
34.2%
2024
78.3%
2024
Exports of goods and services, % of GDP
33.9%
2024
78.2%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

France Maldives
Economic freedom 64.6 47.6
Economic freedom ranking 72/197 174/197
Property rights 91.2 52.2
Government integrity 73.4 41.9
Judicial effectiveness 84.7 39.3
Tax burden 54.6 89.9
Government spending 0.9 39.5
Fiscal health 34.8 0
Business freedom 78.4 49.7
Labor freedom 59.1 54.1
Monetary freedom 73.2 76.4
Trade freedom 79.4 62.8
Investment freedom 75 35
Financial freedom 70 30

Economic freedom comparison by year

France
Maldives
1x
Year Economic freedom index
France Maldives
2026 64.6 47.6
2025 64.4 48.3
2024 62.5 47.8
2023 63.6 46.6
2022 65.9 47.3
2021 65.7 55.2
2020 66 56.5
2019 63.8 53.2
2018 63.9 51.1
2017 63.3 50.3
2016 62.3 53.9
2015 62.5 53.4
2014 63.5 51
2013 64.1 49
2012 63.2 49.2
2011 64.6 48.3
2010 64.2 49
2009 63.3 51.3
2008 64.7 -
2007 62.1 -
2006 61.1 -
2005 60.5 -
2004 60.9 -
2003 59.2 -
2002 58 -
2001 58 -
2000 57.4 -
1999 59.1 -
1998 58.9 -
1997 59.1 -
1996 63.7 -
1995 64.4 -

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/france/maldives | CC BY

The Economic Freedom Index for France is 64.6, ranking 72/197, compared to 47.6 for Maldives, ranking 174/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

France Maldives
Services, % of GDP
70.9%
2024
72.1%
2024
Industry, % of GDP
17.2%
2024
9.2%
2024
Agriculture, forestry, and fishing, % of GDP
1.3%
2024
3.84%
2024
GNI, Atlas method
$3.1T
2024
$6.15B
2024
GNI per capita, PPP
$63,880
2024
$23,400
2024
Total reserves including gold
$283B
2024
$674M
2024
Total reserves ranking
13/177
2024
150/177
2024
Net foreign direct investment
-$10.3B
2024
-$806M
2024
Net inflows of foreign direct investment
$52.1B
2024
$806M
2024
Net outflows of foreign direct investment
$41.7B
2024
$0
2024
Servicing debt to the IMF, % of GNI n/a
7.95%
2024
Poverty at national poverty lines
15.6%
2021
15%
2020
Gross capital formation, % of GDP
21.5%
2024
30.8%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/france/maldives | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1880–1996, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2022–2024, retrieved 2026-02-08)
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The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.