Service exports in Maldives
Maldives: Service exports was 5.03 billion BoP, current US$ in 2024. ◆ Volatile
Service exports in Maldives, 1977–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Maldives recorded 5.03 billion BoP, current US$ for service exports in 2024. That is the highest value across all 48 years on record.
That represents a change of up 12.8% on the previous year and up 67.8% over ten years.
Over the whole period, service exports in Maldives peaked at 5.03 billion BoP, current US$ in 2024 and was at its lowest, 5.00 million BoP, current US$, in 1977.
That places Maldives 96th out of 199 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 13.90 million BoP, current US$ | 5.00 million BoP, current US$ | 31.10 million BoP, current US$ | 3 |
| 1980s | 65.11 million BoP, current US$ | 52.40 million BoP, current US$ | 86.41 million BoP, current US$ | 10 |
| 1990s | 222.96 million BoP, current US$ | 101.10 million BoP, current US$ | 342.78 million BoP, current US$ | 10 |
| 2000s | 763.82 million BoP, current US$ | 322.88 million BoP, current US$ | 1.64 billion BoP, current US$ | 10 |
| 2010s | 2.71 billion BoP, current US$ | 1.81 billion BoP, current US$ | 3.38 billion BoP, current US$ | 10 |
| 2020s | 3.88 billion BoP, current US$ | 1.53 billion BoP, current US$ | 5.03 billion BoP, current US$ | 5 |
Countries ranked near Maldives
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 service exports in Maldives?
- Service exports in Maldives was 5.03 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest service exports recorded in Maldives?
- The highest recorded value was 5.03 billion BoP, current US$ in 2024.
- What is the lowest service exports recorded in Maldives?
- The lowest recorded value was 5.00 million BoP, current US$ in 1977.
- How does Maldives rank for service exports?
- Maldives ranks 96th out of 199 countries with data for 2024.
- Is service exports rising or falling in Maldives?
- Over the last ten years it is up 67.8%. 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 Service exports (BoP, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 48 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Exports of services are services provided by residents to non-residents. 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.