Service imports in Maldives
Maldives: Service imports was 1.89 billion BoP, current US$ in 2024. ◆ Volatile
Latest (2024)
1.89 billion BoP, current US$
Change on year
up 12.1%
World rank
129th
of 200 countries
All-time high
1.89 billion BoP, current US$
in 2024
All-time low
1.00 million BoP, current US$
in 1977
Years of data
48
1977–2024
Service imports in Maldives, 1977–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for service imports in Maldives is 1.89 billion BoP, current US$, measured in 2024. That is the highest value across all 48 years on record.
That represents a change of up 12.1% on the previous year and up 138.5% over ten years.
Over the whole period, service imports in Maldives peaked at 1.89 billion BoP, current US$ in 2024 and was at its lowest, 1.00 million BoP, current US$, in 1977.
Maldives ranks 129th of 200 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Service imports in Maldives, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1977 | 1.00 million BoP, current US$ | — |
| 1978 | 1.40 million BoP, current US$ | +40.0% |
| 1979 | 25.00 million BoP, current US$ | +1685.7% |
| 1980 | 43.10 million BoP, current US$ | +72.4% |
| 1981 | 51.90 million BoP, current US$ | +20.4% |
| 1982 | 47.70 million BoP, current US$ | -8.1% |
| 1983 | 38.90 million BoP, current US$ | -18.4% |
| 1984 | 34.20 million BoP, current US$ | -12.1% |
| 1985 | 27.00 million BoP, current US$ | -21.1% |
| 1986 | 23.25 million BoP, current US$ | -13.9% |
| 1987 | 28.39 million BoP, current US$ | +22.1% |
| 1988 | 28.46 million BoP, current US$ | +0.2% |
| 1989 | 28.89 million BoP, current US$ | +1.5% |
| 1990 | 38.03 million BoP, current US$ | +31.6% |
| 1991 | 42.14 million BoP, current US$ | +10.8% |
| 1992 | 49.40 million BoP, current US$ | +17.2% |
| 1993 | 57.20 million BoP, current US$ | +15.8% |
| 1994 | 62.83 million BoP, current US$ | +9.8% |
| 1995 | 76.71 million BoP, current US$ | +22.1% |
| 1996 | 87.94 million BoP, current US$ | +14.6% |
| 1997 | 94.19 million BoP, current US$ | +7.1% |
| 1998 | 98.87 million BoP, current US$ | +5.0% |
| 1999 | 108.13 million BoP, current US$ | +9.4% |
| 2000 | 109.69 million BoP, current US$ | +1.4% |
| 2001 | 109.81 million BoP, current US$ | +0.1% |
| 2002 | 111.14 million BoP, current US$ | +1.2% |
| 2003 | 120.27 million BoP, current US$ | +8.2% |
| 2004 | 157.43 million BoP, current US$ | +30.9% |
| 2005 | 213.07 million BoP, current US$ | +35.3% |
| 2006 | 231.16 million BoP, current US$ | +8.5% |
| 2007 | 330.89 million BoP, current US$ | +43.1% |
| 2008 | 427.94 million BoP, current US$ | +29.3% |
| 2009 | 398.32 million BoP, current US$ | -6.9% |
| 2010 | 451.37 million BoP, current US$ | +13.3% |
| 2011 | 581.01 million BoP, current US$ | +28.7% |
| 2012 | 570.65 million BoP, current US$ | -1.8% |
| 2013 | 696.57 million BoP, current US$ | +22.1% |
| 2014 | 793.30 million BoP, current US$ | +13.9% |
| 2015 | 874.69 million BoP, current US$ | +10.3% |
| 2016 | 1.10 billion BoP, current US$ | +26.1% |
| 2017 | 1.27 billion BoP, current US$ | +15.5% |
| 2018 | 1.34 billion BoP, current US$ | +4.9% |
| 2019 | 1.34 billion BoP, current US$ | -0.1% |
| 2020 | 740.31 million BoP, current US$ | -44.6% |
| 2021 | 1.09 billion BoP, current US$ | +47.5% |
| 2022 | 1.62 billion BoP, current US$ | +48.6% |
| 2023 | 1.69 billion BoP, current US$ | +4.0% |
| 2024 | 1.89 billion BoP, current US$ | +12.1% |
Maldives compared with similar countries
- Maldives's 1.89 billion BoP, current US$ is below the median for upper middle income countries, which is 3.94 billion BoP, current US$, 48% of the median. (57 countries reporting)
- Maldives's 1.89 billion BoP, current US$ is below the median for South Asia, which is 2.87 billion BoP, current US$, 66% of the median. (6 countries reporting)
Biggest year-on-year movements
Years where Service imports in Maldives changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1979 | +1685.7% | 1.40 million BoP, current US$ | 25.00 million BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 9.13 million BoP, current US$ | 1.00 million BoP, current US$ | 25.00 million BoP, current US$ | 3 |
| 1980s | 35.18 million BoP, current US$ | 23.25 million BoP, current US$ | 51.90 million BoP, current US$ | 10 |
| 1990s | 71.54 million BoP, current US$ | 38.03 million BoP, current US$ | 108.13 million BoP, current US$ | 10 |
| 2000s | 220.97 million BoP, current US$ | 109.69 million BoP, current US$ | 427.94 million BoP, current US$ | 10 |
| 2010s | 901.95 million BoP, current US$ | 451.37 million BoP, current US$ | 1.34 billion BoP, current US$ | 10 |
| 2020s | 1.41 billion BoP, current US$ | 740.31 million BoP, current US$ | 1.89 billion BoP, current US$ | 5 |
Countries ranked near Maldives
- 126 Mozambique 2.11 billion BoP, current US$ compare
- 127 Cayman Islands 2.00 billion BoP, current US$ compare
- 128 Zambia 1.99 billion BoP, current US$ compare
- 130 Gabon 1.88 billion BoP, current US$ compare
- 131 Mali 1.80 billion BoP, current US$ compare
- 132 Congo 1.71 billion BoP, current US$ 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$), annual growth rate 46.1 % change on previous year (2025)
Frequently asked questions
- What is service imports in Maldives?
- Service imports in Maldives was 1.89 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest service imports recorded in Maldives?
- The highest recorded value was 1.89 billion BoP, current US$ in 2024.
- What is the lowest service imports recorded in Maldives?
- The lowest recorded value was 1.00 million BoP, current US$ in 1977.
- How does Maldives rank for service imports?
- Maldives ranks 129th out of 200 countries with data for 2024.
- Is service imports rising or falling in Maldives?
- Over the last ten years it is up 138.5%. The long-run trend across the full record is volatile.
- 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 Service imports (BoP, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 48 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Imports of services are services provided by non-residents to residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.