ICT service exports in Maldives
Maldives: ICT service exports was 0.9% in 2024. ▼ Falling
ICT service exports in Maldives, 2007–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of service exports, BoP.
Analysis
In 2024, ict service exports in Maldives stood at 0.9%.
That represents a change of down 4.7% on the previous year and down 65.6% over ten years.
Over the whole period, ict service exports in Maldives peaked at 3.2% in 2016 and was at its lowest, 0.8%, in 2022.
Maldives ranks 159th of 189 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 18 years of available data.
ICT service exports in Maldives, year by year
| Year | % of service exports, BoP | Change |
|---|---|---|
| 2007 | 1.1% | — |
| 2008 | 1.2% | +5.8% |
| 2009 | 1.4% | +20.3% |
| 2010 | 2.5% | +73.5% |
| 2011 | 2.7% | +10.8% |
| 2012 | 2.6% | -4.4% |
| 2013 | 2.4% | -9.1% |
| 2014 | 2.7% | +13.7% |
| 2015 | 3.0% | +10.7% |
| 2016 | 3.2% | +6.1% |
| 2017 | 2.1% | -34.3% |
| 2018 | 1.8% | -16.0% |
| 2019 | 1.7% | -1.5% |
| 2020 | 2.0% | +15.9% |
| 2021 | 0.9% | -53.6% |
| 2022 | 0.8% | -15.1% |
| 2023 | 1.0% | +23.9% |
| 2024 | 0.9% | -4.7% |
Maldives compared with similar countries
- Maldives's 0.9% is below the median for upper middle income countries, which is 4.8%, 19% of the median. (54 countries reporting)
- Maldives's 0.9% is below the median for South Asia, which is 7.9%, 12% of the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.2% | 1.1% | 1.4% | 3 |
| 2010s | 2.5% | 1.7% | 3.2% | 10 |
| 2020s | 1.1% | 0.8% | 2.0% | 5 |
Countries ranked near Maldives
- 156 Cape Verde 1.2% compare
- 157 Tanzania, United Republic of 1.0% compare
- 158 Honduras 0.9% compare
- 160 Iraq 0.9% compare
- 161 Saint Lucia 0.9% compare
- 162 Guyana 0.9% 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 ict service exports in Maldives?
- Ict service exports in Maldives was 0.9% in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest ict service exports recorded in Maldives?
- The highest recorded value was 3.2% in 2016.
- What is the lowest ict service exports recorded in Maldives?
- The lowest recorded value was 0.8% in 2022.
- How does Maldives rank for ict service exports?
- Maldives ranks 159th out of 189 countries with data for 2024.
- Is ict service exports rising or falling in Maldives?
- Over the last ten years it is down 65.6%. The long-run trend across the full record is falling.
- 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 ICT service exports (% of service exports, BoP). Statizoid updates them automatically from the source API.
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About this data
Information and communication technology service exports include computer and communications services (telecommunications and postal and courier services) and information services (computer data and news-related service transactions).