Services, value added in Maldives
Maldives: Services, value added was 5.41 billion current US$ in 2025. ▲ Rising
Services, value added in Maldives, 2003–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for services, value added in Maldives is 5.41 billion current US$, measured in 2025. That is the highest value across all 23 years on record.
The figure is up 6.2% on the previous year and up 80.9% over ten years.
Over the whole period, services, value added in Maldives peaked at 5.41 billion current US$ in 2025 and was at its lowest, 768.95 million current US$, in 2003.
Maldives ranks 160th of 206 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 23 years of available data.
Services, value added in Maldives, year by year
| Year | current US$ | Change |
|---|---|---|
| 2003 | 768.95 million current US$ | — |
| 2004 | 896.02 million current US$ | +16.5% |
| 2005 | 809.41 million current US$ | -9.7% |
| 2006 | 1.15 billion current US$ | +41.9% |
| 2007 | 1.38 billion current US$ | +20.6% |
| 2008 | 1.64 billion current US$ | +18.4% |
| 2009 | 1.83 billion current US$ | +11.4% |
| 2010 | 2.01 billion current US$ | +10.0% |
| 2011 | 2.08 billion current US$ | +3.6% |
| 2012 | 2.18 billion current US$ | +4.6% |
| 2013 | 2.49 billion current US$ | +14.3% |
| 2014 | 2.79 billion current US$ | +12.0% |
| 2015 | 2.99 billion current US$ | +7.2% |
| 2016 | 3.08 billion current US$ | +3.2% |
| 2017 | 3.35 billion current US$ | +8.5% |
| 2018 | 3.70 billion current US$ | +10.5% |
| 2019 | 4.08 billion current US$ | +10.3% |
| 2020 | 2.63 billion current US$ | -35.6% |
| 2021 | 3.84 billion current US$ | +46.2% |
| 2022 | 4.54 billion current US$ | +18.3% |
| 2023 | 4.69 billion current US$ | +3.1% |
| 2024 | 5.09 billion current US$ | +8.7% |
| 2025 | 5.41 billion current US$ | +6.2% |
Maldives compared with similar countries
- Maldives's 5.41 billion current US$ is below the median for upper middle income countries, which is 24.02 billion current US$, 23% of the median. (58 countries reporting)
- Maldives's 5.41 billion current US$ is below the median for South Asia, which is 42.09 billion current US$, 13% of the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.21 billion current US$ | 768.95 million current US$ | 1.83 billion current US$ | 7 |
| 2010s | 2.87 billion current US$ | 2.01 billion current US$ | 4.08 billion current US$ | 10 |
| 2020s | 4.37 billion current US$ | 2.63 billion current US$ | 5.41 billion current US$ | 6 |
Countries ranked near Maldives
- 157 Barbados 5.76 billion current US$ compare
- 158 Kosovo 5.75 billion current US$ compare
- 158 Kosovo (UNSCR 1244) 5.75 billion current US$ compare
- 161 Tajikistan 5.26 billion current US$ compare
- 162 Mauritania 4.95 billion current US$ compare
- 163 Liechtenstein 4.73 billion 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$), annual growth rate 46.1 % change on previous year (2025)
Frequently asked questions
- What is services, value added in Maldives?
- Services, value added in Maldives was 5.41 billion current US$ 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 5.41 billion current US$ in 2025.
- What is the lowest services, value added recorded in Maldives?
- The lowest recorded value was 768.95 million current US$ in 2003.
- How does Maldives rank for services, value added?
- Maldives ranks 160th 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 80.9%. The long-run trend across the full record is rising.
- 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 US$). 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 indicator is expressed in United States dollars.