External balance on goods and services (current US$), annual growth in Maldives

Maldives: External balance on goods and services (current US$), annual growth was 96.15 % change on previous year in 2024. ◆ Volatile

Latest (2024)
96.15 % change on previous year
Change on year
up 166.9%
World rank
13th
of 192 countries
All-time high
175.89 % change on previous year
in 2021
All-time low
-259.33 % change on previous year
in 2017
Years of data
10
2015–2024

External balance on goods and services (current US$), annual growth in Maldives, 2015–2024

-300-200-10001002002015201920242015: -38.6 % change on previous year2016: -113.5 % change on previous year2017: -259.3 % change on previous year2018: -183.8 % change on previous year2019: 32.7 % change on previous year2020: -90.1 % change on previous year2021: 175.9 % change on previous year2022: -62 % change on previous year2023: -143.7 % change on previous year2024: 96.2 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for external balance on goods and services (current us$), annual growth in Maldives is 96.15 % change on previous year, measured in 2024.

Compared with earlier readings it is up 166.9% on the previous year and up 349.3% over ten years.

Over the whole period, external balance on goods and services (current us$), annual growth in Maldives peaked at 175.89 % change on previous year in 2021 and was at its lowest, -259.33 % change on previous year, in 2017.

That places Maldives 13th out of 192 countries with data for 2024, putting it in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

External balance on goods and services (current US$), annual growth in Maldives, year by year

Annual values for External balance on goods and services (current US$), annual growth rate in Maldives, 2015 to 2024.
Year % change on previous year Change
2015 -38.57 % change on previous year
2016 -113.48 % change on previous year +194.2%
2017 -259.33 % change on previous year +128.5%
2018 -183.81 % change on previous year -29.1%
2019 32.65 % change on previous year -117.8%
2020 -90.09 % change on previous year -375.9%
2021 175.89 % change on previous year -295.2%
2022 -62.01 % change on previous year -135.3%
2023 -143.68 % change on previous year +131.7%
2024 96.15 % change on previous year -166.9%

Averages by decade

DecadeAverage LowestHighest Years
2010s -112.51 % change on previous year -259.33 % change on previous year 32.65 % change on previous year 5
2020s -4.75 % change on previous year -143.68 % change on previous year 175.89 % change on previous year 5

Countries ranked near Maldives

  1. 10 United States Virgin Islands 100.77 % change on previous year compare
  2. 11 Zambia 97.55 % change on previous year compare
  3. 12 Qatar 96.58 % change on previous year compare
  4. 14 Congo, Democratic Republic of the 78.97 % change on previous year compare
  5. 15 Panama 78.89 % change on previous year compare
  6. 16 Cyprus 70.19 % change on previous year compare

See the full ranking of 192 places →

More economy & growth data for Maldives

All data for Maldives →

Frequently asked questions

What is external balance on goods and services (current us$), annual growth in Maldives?
External balance on goods and services (current us$), annual growth in Maldives was 96.15 % change on previous year in 2024, according to Statizoid (derived).
What is the highest external balance on goods and services (current us$), annual growth recorded in Maldives?
The highest recorded value was 175.89 % change on previous year in 2021.
What is the lowest external balance on goods and services (current us$), annual growth recorded in Maldives?
The lowest recorded value was -259.33 % change on previous year in 2017.
How does Maldives rank for external balance on goods and services (current us$), annual growth?
Maldives ranks 13th out of 192 countries with data for 2024.
Is external balance on goods and services (current us$), annual growth rising or falling in Maldives?
Over the last ten years it is up 349.3%. The long-run trend across the full record is volatile.
Where does this Maldives data come from?
The figures come from Statizoid (derived), published as part of External balance on goods and services (current US$), annual growth rate. Statizoid updates them automatically from the source API.

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External balance on goods and services (current US$), annual growth in Maldives. Statizoid, drawing on Statizoid (derived). Retrieved 04 September 2026, from https://economy.statizoid.com/stat/external-balance-on-goods-and-services-current-us-annual-growth-rate/maldives/

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How this figure is calculated

The year-on-year percentage change in External balance on goods and services (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
External balance on goods and services (current US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
192 places, 8,628 data points, 1961–2025
Last refreshed

The year-on-year percentage change in External balance on goods and services (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.