Current account balance (BoP, current US$) in Maldives
Maldives: Current account balance (BoP, current US$) was -476.23 million BoP, current US$ in 2025. ◆ Volatile
Current account balance in Maldives, 1978–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Maldives recorded -476.23 million BoP, current US$ for current account balance in 2025.
The figure is up 63.6% on the previous year and down 57.9% over ten years.
Over the whole period, current account balance in Maldives peaked at 10.62 million BoP, current US$ in 1989 and was at its lowest, -1.50 billion BoP, current US$, in 2018.
That places Maldives 114th out of 200 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance (BoP, current US$) in Maldives, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1978 | 1.60 million BoP, current US$ | — |
| 1979 | -4.80 million BoP, current US$ | -400.0% |
| 1980 | -22.20 million BoP, current US$ | +362.5% |
| 1981 | -20.20 million BoP, current US$ | -9.0% |
| 1982 | -19.10 million BoP, current US$ | -5.4% |
| 1983 | -24.20 million BoP, current US$ | +26.7% |
| 1984 | -16.30 million BoP, current US$ | -32.6% |
| 1985 | -5.50 million BoP, current US$ | -66.3% |
| 1986 | -295,173 BoP, current US$ | -94.6% |
| 1987 | 8.06 million BoP, current US$ | -2829.2% |
| 1988 | 9.04 million BoP, current US$ | +12.2% |
| 1989 | 10.62 million BoP, current US$ | +17.4% |
| 1990 | 9.85 million BoP, current US$ | -7.2% |
| 1991 | -8.98 million BoP, current US$ | -191.2% |
| 1992 | -19.64 million BoP, current US$ | +118.6% |
| 1993 | -53.81 million BoP, current US$ | +174.0% |
| 1994 | -11.11 million BoP, current US$ | -79.4% |
| 1995 | -18.16 million BoP, current US$ | +63.5% |
| 1996 | -7.45 million BoP, current US$ | -59.0% |
| 1997 | -34.71 million BoP, current US$ | +366.1% |
| 1998 | -21.86 million BoP, current US$ | -37.0% |
| 1999 | -78.93 million BoP, current US$ | +261.0% |
| 2000 | -51.48 million BoP, current US$ | -34.8% |
| 2001 | -58.72 million BoP, current US$ | +14.1% |
| 2002 | -35.59 million BoP, current US$ | -39.4% |
| 2003 | -31.30 million BoP, current US$ | -12.1% |
| 2004 | -122.33 million BoP, current US$ | +290.9% |
| 2005 | -273.01 million BoP, current US$ | +123.2% |
| 2006 | -301.98 million BoP, current US$ | +10.6% |
| 2007 | -268.95 million BoP, current US$ | -10.9% |
| 2008 | -611.70 million BoP, current US$ | +127.4% |
| 2009 | -220.83 million BoP, current US$ | -63.9% |
| 2010 | -196.08 million BoP, current US$ | -11.2% |
| 2011 | -383.44 million BoP, current US$ | +95.6% |
| 2012 | -184.49 million BoP, current US$ | -51.9% |
| 2013 | -127.39 million BoP, current US$ | -30.9% |
| 2014 | -117.82 million BoP, current US$ | -7.5% |
| 2015 | -301.70 million BoP, current US$ | +156.1% |
| 2016 | -1.03 billion BoP, current US$ | +242.2% |
| 2017 | -1.02 billion BoP, current US$ | -0.8% |
| 2018 | -1.50 billion BoP, current US$ | +46.7% |
| 2019 | -1.48 billion BoP, current US$ | -1.6% |
| 2020 | -1.33 billion BoP, current US$ | -10.2% |
| 2021 | -453.45 million BoP, current US$ | -65.8% |
| 2022 | -1.04 billion BoP, current US$ | +129.8% |
| 2023 | -1.40 billion BoP, current US$ | +34.3% |
| 2024 | -1.31 billion BoP, current US$ | -6.5% |
| 2025 | -476.23 million BoP, current US$ | -63.6% |
Maldives compared with similar countries
- Maldives's -476.23 million BoP, current US$ is below the median for upper middle income countries, which is -464.37 million BoP, current US$, 1.0× the median. (57 countries reporting)
- Maldives's -476.23 million BoP, current US$ is below the median for South Asia, which is -339.70 million BoP, current US$, 1.4× the median. (6 countries reporting)
Biggest year-on-year movements
Years where Current account balance (BoP, current US$) in Maldives changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1987 | +2829.2% | -295,173 BoP, current US$ | 8.06 million BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -1.60 million BoP, current US$ | -4.80 million BoP, current US$ | 1.60 million BoP, current US$ | 2 |
| 1980s | -8.01 million BoP, current US$ | -24.20 million BoP, current US$ | 10.62 million BoP, current US$ | 10 |
| 1990s | -24.48 million BoP, current US$ | -78.93 million BoP, current US$ | 9.85 million BoP, current US$ | 10 |
| 2000s | -197.59 million BoP, current US$ | -611.70 million BoP, current US$ | -31.30 million BoP, current US$ | 10 |
| 2010s | -634.85 million BoP, current US$ | -1.50 billion BoP, current US$ | -117.82 million BoP, current US$ | 10 |
| 2020s | -1.00 billion BoP, current US$ | -1.40 billion BoP, current US$ | -453.45 million BoP, current US$ | 6 |
Countries ranked near Maldives
- 111 Bolivia -458.62 million BoP, current US$ compare
- 112 Burundi -461.46 million BoP, current US$ compare
- 113 Fiji -464.37 million BoP, current US$ compare
- 115 Costa Rica -541.00 million BoP, current US$ compare
- 116 Bhutan -649.30 million BoP, current US$ compare
- 117 New Caledonia -654.24 million BoP, current US$ compare
More economy & growth data for Maldives
- Real gdp growth, annual growth rate -39.81 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 29.4 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0001 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1.08 units per person (2025)
- SDRs holdings, SDR, annual growth rate 23.22 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0001 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.7869 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is current account balance in Maldives?
- Current account balance in Maldives was -476.23 million BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest current account balance recorded in Maldives?
- The highest recorded value was 10.62 million BoP, current US$ in 1989.
- What is the lowest current account balance recorded in Maldives?
- The lowest recorded value was -1.50 billion BoP, current US$ in 2018.
- How does Maldives rank for current account balance?
- Maldives ranks 114th out of 200 countries with data for 2025.
- Is current account balance rising or falling in Maldives?
- Over the last ten years it is down 57.9%. 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 Current account balance (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
Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. 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.