Net trade in goods in Maldives
Maldives: Net trade in goods was -3.08 billion BoP, current US$ in 2024. ◆ Volatile
Net trade in goods in Maldives, 1977–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for net trade in goods in Maldives is -3.08 billion BoP, current US$, measured in 2024. That is the lowest value across all 48 years on record.
The figure is down 7.0% on the previous year and down 85.3% over ten years.
Over the whole period, net trade in goods in Maldives peaked at -4.90 million BoP, current US$ in 1977 and was at its lowest, -3.08 billion BoP, current US$, in 2024.
Maldives ranks 135th of 199 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -7.83 million BoP, current US$ | -11.00 million BoP, current US$ | -4.90 million BoP, current US$ | 3 |
| 1980s | -33.31 million BoP, current US$ | -47.60 million BoP, current US$ | -25.90 million BoP, current US$ | 10 |
| 1990s | -148.82 million BoP, current US$ | -262.42 million BoP, current US$ | -43.20 million BoP, current US$ | 10 |
| 2000s | -571.98 million BoP, current US$ | -1.32 billion BoP, current US$ | -212.27 million BoP, current US$ | 10 |
| 2010s | -1.69 billion BoP, current US$ | -2.42 billion BoP, current US$ | -1.04 billion BoP, current US$ | 10 |
| 2020s | -2.48 billion BoP, current US$ | -3.08 billion BoP, current US$ | -1.45 billion BoP, current US$ | 5 |
Countries ranked near Maldives
- 132 Uganda -3.01 billion BoP, current US$ compare
- 133 Iceland -3.01 billion BoP, current US$ compare
- 134 Armenia -3.06 billion BoP, current US$ compare
- 136 Estonia -3.13 billion BoP, current US$ compare
- 137 Nicaragua -3.29 billion BoP, current US$ compare
- 138 Haiti -3.50 billion 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 in Maldives?
- Net trade in goods in Maldives was -3.08 billion 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 recorded in Maldives?
- The highest recorded value was -4.90 million BoP, current US$ in 1977.
- What is the lowest net trade in goods recorded in Maldives?
- The lowest recorded value was -3.08 billion BoP, current US$ in 2024.
- How does Maldives rank for net trade in goods?
- Maldives ranks 135th out of 199 countries with data for 2024.
- Is net trade in goods rising or falling in Maldives?
- Over the last ten years it is down 85.3%. 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 (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 is the difference between the exports and imports of goods. 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.