Net trade in goods and services in Maldives
Maldives: Net trade in goods and services was 61.93 million BoP, current US$ in 2024. ◆ Volatile
Net trade in goods and services in Maldives, 1977–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for net trade in goods and services in Maldives is 61.93 million BoP, current US$, measured in 2024.
Compared with earlier readings it is up 159.5% on the previous year and down 88.6% over ten years.
Over the whole period, net trade in goods and services in Maldives peaked at 545.05 million BoP, current US$ in 2014 and was at its lowest, -661.90 million BoP, current US$, in 2020.
That places Maldives 75th out of 199 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -3.07 million BoP, current US$ | -4.90 million BoP, current US$ | -900,000 BoP, current US$ | 3 |
| 1980s | -3.37 million BoP, current US$ | -21.90 million BoP, current US$ | 16.32 million BoP, current US$ | 10 |
| 1990s | 2.59 million BoP, current US$ | -27.77 million BoP, current US$ | 19.87 million BoP, current US$ | 10 |
| 2000s | -29.13 million BoP, current US$ | -384.04 million BoP, current US$ | 232.17 million BoP, current US$ | 10 |
| 2010s | 114.48 million BoP, current US$ | -517.53 million BoP, current US$ | 545.05 million BoP, current US$ | 10 |
| 2020s | -8.99 million BoP, current US$ | -661.90 million BoP, current US$ | 502.38 million BoP, current US$ | 5 |
Countries ranked near Maldives
- 72 Syria 197.00 million BoP, current US$ compare
- 73 Myanmar 167.25 million BoP, current US$ compare
- 74 Slovakia 115.92 million BoP, current US$ compare
- 76 South Sudan 55.84 million BoP, current US$ compare
- 77 Saint Lucia 43.19 million BoP, current US$ compare
- 78 Cote d'Ivoire 36.67 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 trade in goods and services in Maldives?
- Net trade in goods and services in Maldives was 61.93 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 trade in goods and services recorded in Maldives?
- The highest recorded value was 545.05 million BoP, current US$ in 2014.
- What is the lowest net trade in goods and services recorded in Maldives?
- The lowest recorded value was -661.90 million BoP, current US$ in 2020.
- How does Maldives rank for net trade in goods and services?
- Maldives ranks 75th out of 199 countries with data for 2024.
- Is net trade in goods and services rising or falling in Maldives?
- Over the last ten years it is down 88.6%. 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 trade in goods and services (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. 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.