Merchandise trade as a proportion of GDP in Maldives
Maldives: Merchandise trade as a proportion of GDP was 56.9% in 2024. ▼ Falling
Merchandise trade as a proportion of GDP in Maldives, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2024, merchandise trade as a proportion of gdp in Maldives stood at 56.9%.
That represents a change of down 3.8% on the previous year and down 8.2% over ten years.
Over the whole period, merchandise trade as a proportion of gdp in Maldives peaked at 79.8% in 2000 and was at its lowest, 48.3%, in 2009.
That places Maldives 99th out of 218 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 25 years of available data.
Merchandise trade as a proportion of GDP in Maldives, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 79.8% | — |
| 2001 | 57.8% | -27.5% |
| 2002 | 58.4% | +1.0% |
| 2003 | 59.2% | +1.4% |
| 2004 | 67.1% | +13.3% |
| 2005 | 78.0% | +16.2% |
| 2006 | 73.1% | -6.2% |
| 2007 | 70.9% | -3.1% |
| 2008 | 75.7% | +6.8% |
| 2009 | 48.3% | -36.2% |
| 2010 | 49.8% | +3.2% |
| 2011 | 65.3% | +31.1% |
| 2012 | 64.7% | -0.8% |
| 2013 | 62.6% | -3.2% |
| 2014 | 62.0% | -1.0% |
| 2015 | 51.7% | -16.6% |
| 2016 | 54.0% | +4.4% |
| 2017 | 55.6% | +3.0% |
| 2018 | 61.0% | +9.8% |
| 2019 | 56.7% | -7.0% |
| 2020 | 57.2% | +0.8% |
| 2021 | 54.4% | -4.9% |
| 2022 | 63.4% | +16.5% |
| 2023 | 59.2% | -6.7% |
| 2024 | 56.9% | -3.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 66.8% | 48.3% | 79.8% | 10 |
| 2010s | 58.4% | 49.8% | 65.3% | 10 |
| 2020s | 58.2% | 54.4% | 63.4% | 5 |
Countries ranked near Maldives
- 96 Greenland 59.2% compare
- 97 South Africa 58.2% compare
- 98 Ukraine 58.1% compare
- 100 Greece 56.9% compare
- 101 Marshall Islands 56.9% compare
- 102 Papua New Guinea 56.9% 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)
- Gross capital formation (current US$), annual growth rate -0.6265 % change on previous year (2024)
- Gross capital formation (current US$), per unit of GDP 0.3079 current US$ per US$ of GDP (2024)
- Gross capital formation (current US$), per capita 4,120 current US$ per person (2024)
- Gross capital formation (current LCU), annual growth rate -0.6109 % change on previous year (2024)
- Gross capital formation (current LCU), per unit of GDP 4.74 current LCU per US$ of GDP (2024)
- Gross capital formation (current LCU), per capita 63,405 current LCU per person (2024)
- Gross capital formation (constant 2015 US$), annual growth rate 20.4 % change on previous year (2024)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1343 constant 2015 US$ per US$ of GDP (2024)
Frequently asked questions
- What is merchandise trade as a proportion of gdp in Maldives?
- Merchandise trade as a proportion of gdp in Maldives was 56.9% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest merchandise trade as a proportion of gdp recorded in Maldives?
- The highest recorded value was 79.8% in 2000.
- What is the lowest merchandise trade as a proportion of gdp recorded in Maldives?
- The lowest recorded value was 48.3% in 2009.
- How does Maldives rank for merchandise trade as a proportion of gdp?
- Maldives ranks 99th out of 218 countries with data for 2024.
- Is merchandise trade as a proportion of gdp rising or falling in Maldives?
- Over the last ten years it is down 8.2%. The long-run trend across the full record is falling.
- Where does this Maldives data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Merchandise trade as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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