Annual growth of imports of goods and services in Maldives
Maldives: Annual growth of imports of goods and services was 12.4% in 2024. ◆ Volatile
Annual growth of imports of goods and services in Maldives, 2015–2024
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
The most recent figure for annual growth of imports of goods and services in Maldives is 12.4%, measured in 2024.
Compared with earlier readings it is up 1,529.0% on the previous year and up 391.3% over ten years.
Over the whole period, annual growth of imports of goods and services in Maldives peaked at 35.9% in 2022 and was at its lowest, -43.5%, in 2020.
Maldives ranks 21st of 176 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of imports of goods and services in Maldives, year by year
| Year | % | Change |
|---|---|---|
| 2015 | -4.2% | — |
| 2016 | 8.9% | -309.9% |
| 2017 | 5.4% | -39.2% |
| 2018 | 14.1% | +159.2% |
| 2019 | -0.4% | -102.8% |
| 2020 | -43.5% | +11059.0% |
| 2021 | 33.5% | -177.0% |
| 2022 | 35.9% | +7.3% |
| 2023 | 0.8% | -97.9% |
| 2024 | 12.4% | +1528.9% |
Maldives compared with similar countries
- Maldives's 12.4% is above the median for upper middle income countries, which is 5.5%, 2.3× the median. (48 countries reporting)
- Maldives's 12.4% is above the median for South Asia, which is -1.6%. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 4.8% | -4.2% | 14.1% | 5 |
| 2020s | 7.8% | -43.5% | 35.9% | 5 |
Countries ranked near Maldives
- 18 Burkina Faso 13.2% compare
- 19 Bahamas 12.7% compare
- 20 United Arab Emirates 12.6% compare
- 21 Tonga 12.4% compare
- 23 Nicaragua 12.1% compare
- 24 Timor-Leste 12.0% compare
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 imports of goods and services in Maldives?
- Annual growth of imports of goods and services in Maldives was 12.4% in 2024, according to World Bank – processed by Our World in Data.
- What is the highest annual growth of imports of goods and services recorded in Maldives?
- The highest recorded value was 35.9% in 2022.
- What is the lowest annual growth of imports of goods and services recorded in Maldives?
- The lowest recorded value was -43.5% in 2020.
- How does Maldives rank for annual growth of imports of goods and services?
- Maldives ranks 21st out of 176 countries with data for 2024.
- Is annual growth of imports of goods and services rising or falling in Maldives?
- Over the last ten years it is up 391.3%. 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 imports of goods and services. Statizoid updates them automatically from the source API.
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About this data
Annual growth of imports of goods and services (%).