Services, value added in Maldives
Maldives: Services, value added was 83.36 billion current LCU in 2025. ◆ Volatile
Services, value added in Maldives, 2003–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
Maldives recorded 83.36 billion current LCU for services, value added in 2025. That is the highest value across all 23 years on record.
That represents a change of up 6.4% on the previous year and up 81.5% over ten years.
Over the whole period, services, value added in Maldives peaked at 83.36 billion current LCU in 2025 and was at its lowest, 9.84 billion current LCU, in 2003.
Maldives ranks 136th of 206 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.
Services, value added in Maldives, year by year
| Year | current LCU | Change |
|---|---|---|
| 2003 | 9.84 billion current LCU | — |
| 2004 | 11.47 billion current LCU | +16.5% |
| 2005 | 10.36 billion current LCU | -9.7% |
| 2006 | 14.70 billion current LCU | +41.9% |
| 2007 | 17.73 billion current LCU | +20.6% |
| 2008 | 20.99 billion current LCU | +18.4% |
| 2009 | 23.39 billion current LCU | +11.4% |
| 2010 | 25.74 billion current LCU | +10.0% |
| 2011 | 30.41 billion current LCU | +18.1% |
| 2012 | 33.47 billion current LCU | +10.1% |
| 2013 | 38.27 billion current LCU | +14.3% |
| 2014 | 42.88 billion current LCU | +12.1% |
| 2015 | 45.93 billion current LCU | +7.1% |
| 2016 | 47.40 billion current LCU | +3.2% |
| 2017 | 51.50 billion current LCU | +8.6% |
| 2018 | 56.92 billion current LCU | +10.5% |
| 2019 | 62.77 billion current LCU | +10.3% |
| 2020 | 40.42 billion current LCU | -35.6% |
| 2021 | 59.08 billion current LCU | +46.1% |
| 2022 | 69.92 billion current LCU | +18.4% |
| 2023 | 72.09 billion current LCU | +3.1% |
| 2024 | 78.35 billion current LCU | +8.7% |
| 2025 | 83.36 billion current LCU | +6.4% |
Maldives compared with similar countries
- Maldives's 83.36 billion current LCU is below the median for upper middle income countries, which is 591.41 billion current LCU, 14% of the median. (58 countries reporting)
- Maldives's 83.36 billion current LCU is below the median for South Asia, which is 10.63 trillion current LCU, 1% of the median. (6 countries reporting)
Biggest year-on-year movements
Years where Services, value added 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 |
|---|---|---|---|
| 2020 | -35.6% | 62.77 billion current LCU | 40.42 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 15.50 billion current LCU | 9.84 billion current LCU | 23.39 billion current LCU | 7 |
| 2010s | 43.53 billion current LCU | 25.74 billion current LCU | 62.77 billion current LCU | 10 |
| 2020s | 67.20 billion current LCU | 40.42 billion current LCU | 83.36 billion current LCU | 6 |
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 services, value added in Maldives?
- Services, value added in Maldives was 83.36 billion current LCU in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in Maldives?
- The highest recorded value was 83.36 billion current LCU in 2025.
- What is the lowest services, value added recorded in Maldives?
- The lowest recorded value was 9.84 billion current LCU in 2003.
- How does Maldives rank for services, value added?
- Maldives ranks 136th out of 206 countries with data for 2025.
- Is services, value added rising or falling in Maldives?
- Over the last ten years it is up 81.5%. The long-run trend across the full record is volatile.
- Where does this Maldives data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Services, value added (current LCU). Statizoid updates them automatically from the source API.
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About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.