Net secondary income in Maldives
Maldives: Net secondary income was -574.97 million BoP, current US$ in 2024. ◆ Volatile
Net secondary income in Maldives, 1977–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for net secondary income in Maldives is -574.97 million BoP, current US$, measured in 2024.
The figure is down 6.7% on the previous year and down 86.8% over ten years.
Over the whole period, net secondary income in Maldives peaked at 141.98 million BoP, current US$ in 2005 and was at its lowest, -628.83 million BoP, current US$, in 2016.
Maldives ranks 161st of 199 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.53 million BoP, current US$ | 900,000 BoP, current US$ | 5.00 million BoP, current US$ | 3 |
| 1980s | 5.63 million BoP, current US$ | 1.60 million BoP, current US$ | 13.21 million BoP, current US$ | 10 |
| 1990s | -5.73 million BoP, current US$ | -20.14 million BoP, current US$ | 5.52 million BoP, current US$ | 10 |
| 2000s | -59.38 million BoP, current US$ | -214.73 million BoP, current US$ | 141.98 million BoP, current US$ | 10 |
| 2010s | -378.33 million BoP, current US$ | -628.83 million BoP, current US$ | -199.06 million BoP, current US$ | 10 |
| 2020s | -476.38 million BoP, current US$ | -574.97 million BoP, current US$ | -359.50 million BoP, current US$ | 5 |
Countries ranked near Maldives
- 158 Iceland -428.50 million BoP, current US$ compare
- 159 Cayman Islands -455.88 million BoP, current US$ compare
- 160 New Zealand -532.42 million BoP, current US$ compare
- 162 Luxembourg -682.48 million BoP, current US$ compare
- 163 Brunei -718.16 million BoP, current US$ compare
- 164 Mauritius -816.19 million BoP, current US$ compare
More economy & growth data for Maldives
- Gross value added at basic prices (GVA) 5.98 billion constant 2015 US$ (2025)
- Exports of goods and services 85.00 billion current LCU (2024)
- Exports of goods and services 5.97 billion constant 2015 US$ (2024)
- Exports of goods and services 5.2% (2024)
- Exports of goods and services 78.2% (2024)
- Gross fixed capital formation 2.46 billion current US$ (2024)
- Gross fixed capital formation 37.86 billion current LCU (2024)
- Gross fixed capital formation 1.06 billion constant 2015 US$ (2024)
- Gross fixed capital formation 5.4% (2024)
- Gross capital formation 948.67 million constant 2015 US$ (2024)
Frequently asked questions
- What is net secondary income in Maldives?
- Net secondary income in Maldives was -574.97 million BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net secondary income recorded in Maldives?
- The highest recorded value was 141.98 million BoP, current US$ in 2005.
- What is the lowest net secondary income recorded in Maldives?
- The lowest recorded value was -628.83 million BoP, current US$ in 2016.
- How does Maldives rank for net secondary income?
- Maldives ranks 161st out of 199 countries with data for 2024.
- Is net secondary income rising or falling in Maldives?
- Over the last ten years it is down 86.8%. The long-run trend across the full record is volatile.
- Where does this Maldives data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net secondary income (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Net secondary income (from abroad) comprises transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net secondary income is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.