Annual growth of exports of goods and services in Maldives
Maldives: Annual growth of exports of goods and services was 5.2% in 2024. ◆ Volatile
Annual growth of exports of goods and services in Maldives, 2015–2024
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
Maldives recorded 5.2% for annual growth of exports of goods and services in 2024.
Compared with earlier readings it is up 19.4% on the previous year and up 269.8% over ten years.
Over the whole period, annual growth of exports of goods and services in Maldives peaked at 129.3% in 2021 and was at its lowest, -49.2%, in 2020.
That places Maldives 73rd out of 176 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.
Annual growth of exports of goods and services in Maldives, year by year
| Year | % | Change |
|---|---|---|
| 2015 | -3.0% | — |
| 2016 | 4.8% | -259.0% |
| 2017 | 5.0% | +2.9% |
| 2018 | 9.7% | +93.6% |
| 2019 | 4.0% | -58.9% |
| 2020 | -49.2% | -1340.3% |
| 2021 | 129.3% | -362.5% |
| 2022 | 18.1% | -86.0% |
| 2023 | 4.3% | -76.0% |
| 2024 | 5.2% | +19.4% |
Maldives compared with similar countries
- Maldives's 5.2% is above the median for upper middle income countries, which is 3.3%, 1.6× the median. (48 countries reporting)
- Maldives's 5.2% is below the median for South Asia, which is 9.1%, 57% of the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 4.1% | -3.0% | 9.7% | 5 |
| 2020s | 21.5% | -49.2% | 129.3% | 5 |
Countries ranked near Maldives
More economy & growth data for Maldives
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.5 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.5 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 0 BoP, current US$ (1989)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0 BoP, current US$ per US$ of GDP (1989)
- Foreign direct investment, net outflows (BoP, current US$), per capita 0 BoP, current US$ per person (1989)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 806.20 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 5.13 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.1142 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,527 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 46.1 % change on previous year (2025)
Frequently asked questions
- What is annual growth of exports of goods and services in Maldives?
- Annual growth of exports of goods and services in Maldives was 5.2% in 2024, according to World Bank – processed by Our World in Data.
- What is the highest annual growth of exports of goods and services recorded in Maldives?
- The highest recorded value was 129.3% in 2021.
- What is the lowest annual growth of exports of goods and services recorded in Maldives?
- The lowest recorded value was -49.2% in 2020.
- How does Maldives rank for annual growth of exports of goods and services?
- Maldives ranks 73rd out of 176 countries with data for 2024.
- Is annual growth of exports of goods and services rising or falling in Maldives?
- Over the last ten years it is up 269.8%. The long-run trend across the full record is volatile.
- Where does this Maldives data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Annual growth of exports of goods and services. Statizoid updates them automatically from the source API.
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About this data
Annual growth of exports of goods and services (%).