Personal remittances, paid in Maldives
Maldives: Personal remittances, paid was 622.56 million current US$ in 2024. ◆ Volatile
Personal remittances, paid in Maldives, 1980–2024
Source: IMF balance of payments data, International Monetary Fund (IMF). Measured in current US$.
Analysis
Maldives recorded 622.56 million current US$ for personal remittances, paid in 2024. That is the highest value across all 45 years on record.
The figure is up 5.1% on the previous year and up 106.5% over ten years.
Over the whole period, personal remittances, paid in Maldives peaked at 622.56 million current US$ in 2024 and was at its lowest, 200,000 current US$, in 1980.
Maldives ranks 70th of 195 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 2.78 million current US$ | 200,000 current US$ | 6.00 million current US$ | 10 |
| 1990s | 24.80 million current US$ | 8.22 million current US$ | 40.88 million current US$ | 10 |
| 2000s | 101.49 million current US$ | 46.35 million current US$ | 218.70 million current US$ | 10 |
| 2010s | 358.45 million current US$ | 189.38 million current US$ | 596.12 million current US$ | 10 |
| 2020s | 534.59 million current US$ | 396.70 million current US$ | 622.56 million current US$ | 5 |
Countries ranked near Maldives
- 67 Costa Rica 665.15 million current US$ compare
- 68 Slovakia 654.41 million current US$ compare
- 69 Azerbaijan 643.39 million current US$ compare
- 71 Armenia 621.95 million current US$ compare
- 72 Panama 610.54 million current US$ compare
- 73 Cayman Islands 604.87 million 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 personal remittances, paid in Maldives?
- Personal remittances, paid in Maldives was 622.56 million current US$ in 2024, according to IMF balance of payments data, International Monetary Fund (IMF).
- What is the highest personal remittances, paid recorded in Maldives?
- The highest recorded value was 622.56 million current US$ in 2024.
- What is the lowest personal remittances, paid recorded in Maldives?
- The lowest recorded value was 200,000 current US$ in 1980.
- How does Maldives rank for personal remittances, paid?
- Maldives ranks 70th out of 195 countries with data for 2024.
- Is personal remittances, paid rising or falling in Maldives?
- Over the last ten years it is up 106.5%. The long-run trend across the full record is volatile.
- Where does this Maldives data come from?
- The figures come from IMF balance of payments data, International Monetary Fund (IMF), published as part of Personal remittances, paid (current US$). Statizoid updates them automatically from the source API.
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About this data
Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.