Personal remittances, received in Maldives
Maldives: Personal remittances, received was 5.65 million current US$ in 2024. ▲ Rising
Personal remittances, received in Maldives, 1983–2024
Source: IMF balance of payments data, International Monetary Fund (IMF). Measured in current US$.
Analysis
The most recent figure for personal remittances, received in Maldives is 5.65 million current US$, measured in 2024.
The figure is up 5.0% on the previous year and up 62.9% over ten years.
Over the whole period, personal remittances, received in Maldives peaked at 7.93 million current US$ in 2007 and was at its lowest, 1.00 million current US$, in 1986.
That places Maldives 189th out of 196 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 42 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 1.62 million current US$ | 1.00 million current US$ | 2.50 million current US$ | 7 |
| 1990s | 2.07 million current US$ | 1.30 million current US$ | 2.71 million current US$ | 10 |
| 2000s | 3.47 million current US$ | 1.82 million current US$ | 7.93 million current US$ | 10 |
| 2010s | 3.62 million current US$ | 3.00 million current US$ | 4.43 million current US$ | 10 |
| 2020s | 5.14 million current US$ | 4.65 million current US$ | 5.65 million current US$ | 5 |
Countries ranked near Maldives
- 186 Seychelles 11.95 million current US$ compare
- 187 Cayman Islands 11.50 million current US$ compare
- 188 Turks and Caicos Islands 7.48 million current US$ compare
- 190 Papua New Guinea 3.87 million current US$ compare
- 191 Tuvalu 2.59 million current US$ compare
- 192 Nauru 2.24 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, received in Maldives?
- Personal remittances, received in Maldives was 5.65 million current US$ in 2024, according to IMF balance of payments data, International Monetary Fund (IMF).
- What is the highest personal remittances, received recorded in Maldives?
- The highest recorded value was 7.93 million current US$ in 2007.
- What is the lowest personal remittances, received recorded in Maldives?
- The lowest recorded value was 1.00 million current US$ in 1986.
- How does Maldives rank for personal remittances, received?
- Maldives ranks 189th out of 196 countries with data for 2024.
- Is personal remittances, received rising or falling in Maldives?
- Over the last ten years it is up 62.9%. The long-run trend across the full record is rising.
- 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, received (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.