Share of products from least-developed countries that have no tariff in Maldives
Maldives: Share of products from least-developed countries that have no tariff was 54.1% in 2024. ▲ Rising
Share of products from least-developed countries that have no tariff in Maldives, 2005–2024
Source: UN Conference on Trade and Development and World Trade Organisation – processed by Our World in Data. Measured in %.
Analysis
In 2024, share of products from least-developed countries that have no tariff in Maldives stood at 54.1%.
That represents a change of up 0.1% on the previous year and up 14.3% over ten years.
Over the whole period, share of products from least-developed countries that have no tariff in Maldives peaked at 60.9% in 2010 and was at its lowest, 42.5%, in 2005.
That places Maldives 173rd out of 230 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 12 years of available data.
Share of products from least-developed countries that have no tariff in Maldives, year by year
| Year | % | Change |
|---|---|---|
| 2005 | 42.5% | — |
| 2010 | 60.9% | +43.2% |
| 2015 | 47.4% | -22.2% |
| 2016 | 46.7% | -1.4% |
| 2017 | 52.8% | +13.1% |
| 2018 | 53.7% | +1.7% |
| 2019 | 55.9% | +4.0% |
| 2020 | 54.5% | -2.4% |
| 2021 | 48.1% | -11.8% |
| 2022 | 60.4% | +25.5% |
| 2023 | 54.1% | -10.4% |
| 2024 | 54.1% | +0.1% |
Maldives compared with similar countries
- Maldives's 54.1% is below the median for upper middle income countries, which is 65.5%, 83% of the median. (58 countries reporting)
- Maldives's 54.1% is above the median for South Asia, which is 50.1%, 1.1× the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 42.5% | 42.5% | 42.5% | 1 |
| 2010s | 52.9% | 46.7% | 60.9% | 6 |
| 2020s | 54.2% | 48.1% | 60.4% | 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)
- 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 share of products from least-developed countries that have no tariff in Maldives?
- Share of products from least-developed countries that have no tariff in Maldives was 54.1% in 2024, according to UN Conference on Trade and Development and World Trade Organisation – processed by Our World in Data.
- What is the highest share of products from least-developed countries that have no tariff recorded in Maldives?
- The highest recorded value was 60.9% in 2010.
- What is the lowest share of products from least-developed countries that have no tariff recorded in Maldives?
- The lowest recorded value was 42.5% in 2005.
- How does Maldives rank for share of products from least-developed countries that have no tariff?
- Maldives ranks 173rd out of 230 countries with data for 2024.
- Is share of products from least-developed countries that have no tariff rising or falling in Maldives?
- Over the last ten years it is up 14.3%. The long-run trend across the full record is rising.
- Where does this Maldives data come from?
- The figures come from UN Conference on Trade and Development and World Trade Organisation – processed by Our World in Data, published as part of Share of products from least-developed countries that have no tariff. Statizoid updates them automatically from the source API.
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About this data
Proportion of tariff lines applied to imports with zero-tariff (%).