The monthly minimum wage in the Maldives is not regulated by the government. The Maldives has a public debt of 60.8% of the country's gross domestic product (GDP) as estimated in 2012. In terms of consumer prices, the inflation rate in the Maldives is 5.1%. The currency of the Maldives is Maldivian Rufiyaa. The plural form of the word Maldivian rufiyaa is rufiyaas. The symbol used for this currency is .wandern and is abbreviated as MVR. Maldivian rufiyaa is divided into laari; there are 100 in a rufiyaa. Consumers spend around $315 million every year. The ratio of consumer spending to GDP in Maldives is 0.01% and the ratio of consumer spending to world consumer market is 0.09%. Corporate tax in the Maldives is 8%. VAT in the Maldives is 6% and is known as GST. In 2013, the Maldives received US$58 million in development aid. In 2014, foreign aid amounted to USD 44.7.
Gross domestic product The total Gross Domestic Product (GDP) valued as Purchasing Power Parity (PPP) in the Maldives is US$4,554 billion. Gross Domestic Product (GDP) per capita, calculated as Purchasing Power Parity (PPP), was last seen at $10,250,777 in the Maldives. PPP in the Maldives is considered very good compared to other countries. A very good PPP shows that citizens in this country find it easy to buy local goods. Local goods can include food, shelter, clothing, healthcare, personal hygiene, essential furnishings, transportation and communications, laundry, and various types of insurance. Countries with very good PPP are safe investment locations. The total gross domestic product (GDP) of the Maldives is 2.836 billion. Based on this statistic, Maldives is considered to be a small economy. Countries with small economies generally support fewer industries and investment opportunities. However, worthwhile investment opportunities can be found. The Maldives' gross domestic product (GDP) per capita was last seen at $6,383,664. The average citizen in the Maldives has a very high level of wealth. Countries with very high per capita wealth have a longer life expectancy and a very high standard of living. Highly skilled labor can be found in many industries and labor is very expensive in these countries. Very wealthy countries offer safe investment opportunities as they are often backed by a diverse and thriving financial sector. The annual GDP growth rate of the Maldives averaged 4.5% in 2014. According to this percentage, the Maldives is currently experiencing significant growth. Significant growth countries offer the best opportunities for a significant return on investment, as the GDP growth rate is the most important indicator of economic health. As GDP grows, so do businesses, jobs and personal income.