Personal remittances, received in Maldives
Maldives: Personal remittances, received was 0.1% in 2024. ◆ Volatile
Personal remittances, received in Maldives, 1983–2024
Source: Staff estimates, World Bank (WB). Measured in % of GDP.
Analysis
In 2024, personal remittances, received in Maldives stood at 0.1%.
The figure is down 1.6% on the previous year and down 14.7% over ten years.
Over the whole period, personal remittances, received in Maldives peaked at 4.3% in 1983 and was at its lowest, 0.1%, in 2019.
That places Maldives 180th out of 196 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Personal remittances, received in Maldives, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1983 | 4.3% | — |
| 1984 | 2.3% | -47.2% |
| 1985 | 1.4% | -39.7% |
| 1986 | 0.7% | -48.8% |
| 1987 | 0.7% | +0.5% |
| 1988 | 0.7% | +0.6% |
| 1989 | 0.7% | +3.7% |
| 1990 | 0.8% | +7.0% |
| 1991 | 0.7% | -6.8% |
| 1992 | 0.6% | -23.7% |
| 1993 | 0.4% | -28.2% |
| 1994 | 0.6% | +51.4% |
| 1995 | 0.6% | -2.9% |
| 1996 | 0.6% | +1.4% |
| 1997 | 0.5% | -19.7% |
| 1998 | 0.5% | -6.0% |
| 1999 | 0.4% | -17.8% |
| 2000 | 0.4% | -5.6% |
| 2001 | 0.2% | -40.4% |
| 2002 | 0.2% | +7.0% |
| 2003 | 0.2% | -14.7% |
| 2004 | 0.2% | +23.6% |
| 2005 | 0.2% | -17.9% |
| 2006 | 0.2% | -8.4% |
| 2007 | 0.4% | +138.9% |
| 2008 | 0.3% | -35.0% |
| 2009 | 0.2% | -30.3% |
| 2010 | 0.1% | -36.5% |
| 2011 | 0.1% | -11.5% |
| 2012 | 0.1% | +0.9% |
| 2013 | 0.1% | -8.0% |
| 2014 | 0.1% | -6.4% |
| 2015 | 0.1% | -6.0% |
| 2016 | 0.1% | -1.7% |
| 2017 | 0.1% | -3.9% |
| 2018 | 0.1% | -6.4% |
| 2019 | 0.1% | -0.9% |
| 2020 | 0.1% | +61.9% |
| 2021 | 0.1% | -25.8% |
| 2022 | 0.1% | -10.7% |
| 2023 | 0.1% | -2.0% |
| 2024 | 0.1% | -1.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 1.5% | 0.7% | 4.3% | 7 |
| 1990s | 0.6% | 0.4% | 0.8% | 10 |
| 2000s | 0.2% | 0.2% | 0.4% | 10 |
| 2010s | 0.1% | 0.1% | 0.1% | 10 |
| 2020s | 0.1% | 0.1% | 0.1% | 5 |
Countries ranked near Maldives
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)
- Imports of goods and services (constant 2015 US$), annual growth rate 12.38 % change on previous year (2024)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.5959 constant 2015 US$ per US$ of GDP (2024)
- Imports of goods and services (constant 2015 US$), per capita 7,972 constant 2015 US$ per person (2024)
- External balance on goods and services (current US$), annual growth 96.15 % change on previous year (2024)
- External balance on goods and services (current LCU), annual growth 96.15 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), annual 31.21 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.7077 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 10,343 current LCU per person (2025)
Frequently asked questions
- What is personal remittances, received in Maldives?
- Personal remittances, received in Maldives was 0.1% in 2024, according to Staff estimates, World Bank (WB).
- What is the highest personal remittances, received recorded in Maldives?
- The highest recorded value was 4.3% in 1983.
- What is the lowest personal remittances, received recorded in Maldives?
- The lowest recorded value was 0.1% in 2019.
- How does Maldives rank for personal remittances, received?
- Maldives ranks 180th out of 196 countries with data for 2024.
- Is personal remittances, received rising or falling in Maldives?
- Over the last ten years it is down 14.7%. The long-run trend across the full record is volatile.
- Where does this Maldives data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Personal remittances, received (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees.