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Economy of Maldives vs Poland compared: GDP & Debt

Updated on by Georank team

Maldives has a GDP of $7.06B compared to $918B for Poland, ranking 159/197 and 21/197 by economy size, respectively.

Maldives has $9.41B in government debt (133.3% of GDP), compared to $507B (55.3% of GDP) in Poland.

Maldives vs Poland GDP by year

Maldives
Poland
1x
Year GDP, current $
Maldives Poland
2024 $7,061,608,267 $917,767,106,147
2023 $6,621,008,704 $812,451,193,396
2022 $6,177,123,352 $695,607,470,875
2021 $5,252,457,370 $689,170,230,665
2020 $3,712,604,583 $605,914,237,904
2019 $5,726,094,799 $602,683,770,145
2018 $5,404,344,163 $594,616,687,350
2017 $4,816,426,257 $528,356,676,667
2016 $4,409,942,624 $473,259,583,970
2015 $4,129,505,319 $480,054,118,583
2014 $3,697,353,039 $542,134,167,179
2013 $3,295,009,238 $518,179,836,405
2012 $2,886,163,997 $498,148,649,703
2011 $2,774,350,240 $527,848,543,023
2010 $2,588,176,055 $478,111,630,684
2009 $2,345,294,875 $440,891,472,247
2008 $2,271,646,188 $535,612,030,672
2007 $1,868,383,461 $429,715,132,138
2006 $1,575,200,391 $345,897,630,736
2005 $1,163,362,438 $306,999,913,151
2004 $1,226,829,563 $256,268,656,145
2003 $1,052,121,055 $218,561,225,998
2002 $897,031,250 $199,694,463,256
2001 $870,031,677 $191,823,200,371
2000 $624,337,145 $172,953,527,033
1999 $589,239,754 $170,704,452,715
1998 $540,096,398 $175,282,269,667
1997 $508,223,602 $159,893,964,917
1996 $450,382,328 $160,813,026,223
1995 $398,988,955 $142,838,527,115
1994 $356,014,932 $110,803,635,288
1993 $322,417,837 $96,043,157,273
1992 $284,875,809 $94,337,050,693
1991 $244,396,762 $85,500,935,935
1990 $215,043,970 $65,977,748,211
1989 $189,514,434 -
1988 $168,514,513 -
1987 $141,223,029 -
1986 $141,882,254 -
1985 $127,190,758 -
1984 $109,503,546 -
1983 $57,829,787 -
1982 $47,911,340 -
1981 $44,781,457 -
1980 $42,463,576 -
1979 $38,523,364 -
1978 $24,369,109 -
1977 $20,853,789 -
1976 $22,399,467 -
1975 $24,540,878 -
1974 $39,120,171 -
1973 $30,862,042 -
1972 $25,177,138 -
1971 $21,566,404 -
1970 $19,328,038 -

Data sources: World Bank | Economy & Growth (1970–2024, retrieved 2026-04-06).

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

GDP per capita in Maldives vs Poland by year

Maldives
GDP per capita

GDP per capita, PPP
Poland
GDP per capita

GDP per capita, PPP
1x
Year Current $
Maldives Poland
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $13,379 $26,183 $25,104 $51,263
2023 $12,588 $24,786 $22,145 $48,473
2022 $11,786 $22,881 $18,891 $46,778
2021 $10,176 $19,053 $18,636 $41,060
2020 $7,394 $13,425 $16,151 $37,089
2019 $11,740 $23,077 $15,875 $35,882
2018 $11,423 $21,899 $15,658 $32,345
2017 $10,510 $19,768 $13,913 $30,170
2016 $9,948 $18,770 $12,464 $28,360
2015 $9,645 $17,875 $12,638 $26,988
2014 $8,939 $16,723 $14,262 $25,460
2013 $8,236 $15,264 $13,622 $24,434
2012 $7,461 $13,989 $13,087 $23,728
2011 $7,425 $13,726 $13,868 $22,809
2010 $7,174 $12,797 $12,568 $20,991
2009 $6,734 $12,266 $11,556 $19,300
2008 $6,757 $13,779 $14,049 $18,372
2007 $5,758 $12,852 $11,273 $16,833
2006 $5,019 $12,075 $9,069 $15,205
2005 $3,797 $9,704 $8,044 $13,936
2004 $4,070 $10,770 $6,712 $13,413
2003 $3,549 $10,065 $5,721 $12,329
2002 $3,076 $8,823 $5,223 $11,841
2001 $3,034 $8,236 $5,015 $11,175
2000 $2,214 $8,526 $4,521 $10,721
1999 $2,124 $8,162 $4,416 $10,081
1998 $1,980 $7,710 $4,534 $9,521
1997 $1,898 $7,226 $4,137 $8,967
1996 $1,717 $6,687 $4,164 $8,310
1995 $1,555 $6,223 $3,701 $7,715
1994 $1,419 $5,520 $2,875 $7,040
1993 $1,317 $5,138 $2,497 $6,560
1992 $1,194 $4,881 $2,459 $6,193
1991 $1,054 $4,604 $2,236 $5,925
1990 $957 $4,528 $1,731 $6,185
1989 $870 - - -
1988 $799 - - -
1987 $692 - - -
1986 $720 - - -
1985 $669 - - -
1984 $594 - - -
1983 $323 - - -
1982 $274.8 - - -
1981 $264.1 - - -
1980 $257.6 - - -
1979 $240.2 - - -
1978 $156.1 - - -
1977 $137.3 - - -
1976 $151.8 - - -
1975 $171.4 - - -
1974 $281.5 - - -
1973 $228.7 - - -
1972 $192.2 - - -
1971 $169.8 - - -
1970 $156.9 - - -

Data sources: World Bank | Economy & Growth (1970–2024, retrieved 2026-04-06).

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

Maldives' GDP per capita is $13,379, ranking 75/197, compared to $25,104 in Poland, ranking 48/197. Adjusted for purchasing power (GDP per capita PPP), Maldives ranks 81st at $26,183, while Poland ranks 43rd at $51,263.

Economic indicators

Maldives Poland
Gross domestic product
$7.06B
2024
$918B
2024
GDP rank
159/197
2024
21/197
2024
GDP growth
3.49%
2023-2024
3.03%
2023-2024
GDP per capita
$13,379
2024
$25,104
2024
GDP per capita rank
75/197
2024
48/197
2024
GDP per capita, PPP
$26,183
2024
$51,263
2024
GDP per capita PPP rank
81/197
2024
43/197
2024
Government debt
$9.41B
2024
$507B
2024
Debt-to-GDP ratio
133.3%
2024
55.3%
2024
Government debt per person
$17,837
2024
$13,874
2024
Government debt per person rank
35/185
2024
41/185
2024
Average annual personal income after taxes
$9,909
2026
$20,736
2026
Market capitalization of domestic companies n/a
$197B
2024
Number of billionaires n/a
10
2025
Income share by richest 10%
23.3%
2019
22.9%
2023
Income share by poorest 10%
3.8%
2019
3.3%
2023
Government expenditure, % of GDP
46.1%
2024
49.4%
2024
Consumer prices inflation
1.4%
2023-2024
3.78%
2023-2024
Central bank interest rate n/a
4%
2025
Unemployment rate
4.56%
2019
2.81%
2024
Population
532057
35806942

Spending and national debt comparison by year

Maldives
Spending

Debt
Poland
Spending

Debt
1x
Year % of GDP
Maldives Poland
Government spending Government debt Government spending Government debt
2024 46.1% 133.3% 49.4% 55.3%
2023 46.7% 122.4% 46.9% 49.5%
2022 42% 111.6% 43.2% 48.8%
2021 40.6% 123.4% 43.6% 53%
2020 50.4% 155.7% 47.7% 56.6%
2019 32.9% 77.2% 41.4% 45.2%
2018 31.9% 70.7% 41% 48.2%
2017 30.4% 63.8% 41.1% 50.4%
2016 37.3% 61.9% 41.1% 54.1%
2015 33.8% 54.8% 41.5% 51.1%
2014 29.1% 55.1% 42.7% 51.1%
2013 27% 55.9% 43.2% 56.9%
2012 29.8% 57.1% 43.2% 54.5%
2011 31.3% 51.9% 44.1% 54.8%
2010 33.2% 52.7% 46% 53.7%
2009 37% 48.4% 44.9% 49.7%
2008 35.6% 39% 44% 46.6%
2007 34.8% 35.8% 42.8% 44.4%
2006 35% 36.8% 44.3% 47.1%
2005 38.8% 43.2% 44.1% 46.5%
2004 24.1% 34.7% 43.3% 44.9%
2003 26.4% 37.6% 45.5% 46.4%
2002 29.6% 44.3% 45.1% 41.6%
2001 29.6% 41.8% 44.7% 37.2%
2000 29% 39% 43.1% 36.4%
1999 28% 38.9% 42.5% 39.4%
1998 25.9% 39.3% 44% 38.7%
1997 25.2% 38.1% 46.1% 42.7%
1996 27.3% 46.9% 50.7% 43.2%
1995 31.3% 52.2% 47.5% 48.7%
1994 30.7% 54.6% - 64.3%
1993 34.7% 55.7% - 83.9%
1992 36.1% 49% - 81.9%
1991 37.7% 46.7% - 76.9%
1990 33.3% 42.4% - 89.7%
1989 - - - -
1988 - - - -
1987 - - - -
1986 - - - -
1985 - - - -
1984 - - - -
1983 - - - -
1982 - - - -
1981 - - - -
1980 - - - -
1979 - - 35.6% -
1978 - - 35.8% -
1977 - - 35.6% -
1976 - - 34.8% -
1975 - - 34.1% -
1974 - - 28.6% -
1973 - - 24.5% -
1972 - - 24.1% -
1971 - - 24.1% -
1970 - - 25.8% -
1969 - - 26.3% -
1968 - - 27.3% -
1967 - - 29.6% -
1966 - - 31.7% -
1965 - - 31.8% -
1964 - - 33.5% -
1963 - - 33.3% -
1962 - - 43% -
1961 - - 42.8% -
1960 - - 39.2% -

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/maldives/poland | CC BY

In 2024, Maldives' government spending was $3.25B, accounting for 46.1% of its GDP, while Poland spent $453B, or 49.4% of GDP.

Debt-to-GDP ratio is 133.3% in Maldives and 55.3% in Poland, ranking 10/185 and 95/185, respectively.

Government deficit by year

Deficit/surplus
Maldives

Poland
1x
Year Deficit/surplus, % of GDP
Maldives Poland
2024 -13.9% -6.59%
2023 -13.2% -5.27%
2022 -11.2% -3.44%
2021 -14.2% -1.75%
2020 -23.7% -6.85%
2019 -6.54% -0.73%
2018 -5.17% -0.24%
2017 -3.02% -1.49%
2016 -9.93% -2.38%
2015 -6.52% -2.59%
2014 -2.42% -3.66%
2013 -3.49% -4.25%
2012 -6.91% -3.8%
2011 -8.13% -4.97%
2010 -13.6% -7.43%
2009 -17.9% -7.24%
2008 -9.92% -3.6%
2007 -3.16% -1.88%
2006 -4.52% -3.53%
2005 -7.81% -3.93%
2004 -2.26% -4.99%
2003 -3.45% -6.02%
2002 -3.97% -4.8%
2001 -3.97% -4.73%
2000 -3.89% -4%
1999 -3.03% -2.3%
1998 -2.25% -4.25%
1997 -1.46% -4.61%
1996 -2.01% -4.84%
1995 -5.66% -4.39%
1994 -4.82% -
1993 -13.9% -
1992 -12.6% -
1991 -10.2% -
1990 -12.8% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

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

In 2024, Maldives' government deficit, the difference between spending and revenue, was $982M, equivalent to 13.9% of GDP. This compares to Poland's deficit of $60.4B, or 6.59% of GDP.

Over the past 30 years, Maldives recorded a fiscal deficit in 30 of those years, while Poland ran a deficit in 30 years. On average, Maldives posted an annual deficit equal to 7.24% of GDP, compared to deficit of 4.02% of GDP for Poland.

Inflation comparison by year

Inflation
Maldives

Poland
1x
Year Consumer prices inflation
Maldives Poland
2024 1.4% 3.78%
2023 2.6% 11.5%
2022 2.6% 14.4%
2021 0.2% 5.06%
2020 -1.6% 3.37%
2019 1.3% 2.23%
2018 1.4% 1.81%
2017 2.3% 2.08%
2016 0.8% -0.66%
2015 1.4% -0.87%
2014 2.4% 0.05%
2013 4% 0.99%
2012 10.9% 3.56%
2011 11.3% 4.24%
2010 6.1% 2.58%
2009 4.5% 3.8%
2008 12% 4.16%
2007 6.8% 2.46%
2006 3.5% 1.28%
2005 2.5% 2.18%
2004 6.3% 3.38%
2003 -2.8% 0.68%
2002 0.9% 1.91%
2001 0.7% 5.41%
2000 -1.2% 9.9%
1999 3% 7.15%
1998 -1.4% 11.6%
1997 7.6% 14.9%

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/maldives/poland | CC BY

Over the past 28 years, Maldives has recorded an average annual inflation rate of 3.2%, compared with 4.39% in Poland. In 2024, inflation was 1.4% in Maldives and 3.78% in Poland.

Top exports between countries

Maldives
Export category Export value
Animal & marine products $226K
Textiles & consumer goods $1K
Poland
Export category Export value
Processed food, beverages & tobacco $4.61M
Machinery & equipment $3.69M
Textiles & consumer goods $948K
Chemicals & pharma $621K
Raw agricultural goods $310K
Metals $202K
Animal & marine products $89K
Wood & paper products $89K
Raw materials & minerals $52K
Miscellaneous $23K

Balance of trade

Maldives Poland
Current account balance
-$1.32B
2024
$2.8B
2024
Current account balance ranking
130/190
2024
40/190
2024
Current account balance, % of GDP
-18.7%
2024
+0.3%
2024
Goods imports
$3.46B
2024
$367B
2024
Goods exports
$383M
2024
$361B
2024
Service imports
$1.89B
2024
$74.9B
2024
Service exports
$5.03B
2024
$118B
2024
Imports of goods and services, % of GDP
78.3%
2024
48.2%
2024
Exports of goods and services, % of GDP
78.2%
2024
52.2%
2024

Economic freedom indices

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

Maldives Poland
Economic freedom 47.6 68.5
Economic freedom ranking 174/197 46/197
Property rights 52.2 71.8
Government integrity 41.9 60.7
Judicial effectiveness 39.3 62.5
Tax burden 89.9 72.7
Government spending 39.5 35.1
Fiscal health 0 74.8
Business freedom 49.7 77.5
Labor freedom 54.1 53.7
Monetary freedom 76.4 73.8
Trade freedom 62.8 79.4
Investment freedom 35 80
Financial freedom 30 80

Economic freedom comparison by year

Maldives
Poland
1x
Year Economic freedom index
Maldives Poland
2026 47.6 68.5
2025 48.3 67.1
2024 47.8 66
2023 46.6 67.7
2022 47.3 68.7
2021 55.2 69.7
2020 56.5 69.1
2019 53.2 67.8
2018 51.1 68.5
2017 50.3 68.3
2016 53.9 69.3
2015 53.4 68.6
2014 51 67
2013 49 66
2012 49.2 64.2
2011 48.3 64.1
2010 49 63.2
2009 51.3 60.3
2008 - 60.3
2007 - 58.1
2006 - 59.3
2005 - 59.6
2004 - 58.7
2003 - 61.8
2002 - 65
2001 - 61.8
2000 - 60
1999 - 59.6
1998 - 59.2
1997 - 56.8
1996 - 57.8
1995 - 50.7

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

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

The Economic Freedom Index for Maldives is 47.6, ranking 174/197, compared to 68.5 for Poland, ranking 46/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Maldives Poland
Services, % of GDP
72.1%
2024
59.1%
2024
Industry, % of GDP
9.2%
2024
27.2%
2024
Agriculture, forestry, and fishing, % of GDP
3.84%
2024
2.54%
2024
GNI, Atlas method
$6.15B
2024
$789B
2024
GNI per capita, PPP
$23,400
2024
$49,540
2024
Total reserves including gold
$674M
2024
$223B
2024
Total reserves ranking
150/177
2024
17/177
2024
Net foreign direct investment
-$806M
2024
-$10.6B
2024
Net inflows of foreign direct investment
$806M
2024
$20.6B
2024
Net outflows of foreign direct investment
$0
2024
$10B
2024
Servicing debt to the IMF, % of GNI
7.95%
2024
n/a
Poverty at national poverty lines
15%
2020
13.3%
2024
Gross capital formation, % of GDP
30.8%
2024
17.8%
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/maldives/poland | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1970–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1960–1996, retrieved 2026-02-20)
  6. TradeMap (2022–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)
  9. Central Intelligence Agency (CIA) (2020, retrieved 2026-02-20)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

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.