Share of service in total exports in Maldives
Maldives: Share of service in total exports was 382.71 million BoP, current US$ in 2024. ◆ Volatile
Latest (2024)
382.71 million BoP, current US$
Change on year
down 9.2%
World rank
166th
of 198 countries
All-time high
421.38 million BoP, current US$
in 2023
All-time low
5.00 million BoP, current US$
in 1977
Years of data
48
1977–2024
Share of service in total exports in Maldives, 1977–2024
Source: International Monetary Fund (IMF), via World Bank (2026) – processed by Our World in Data. Measured in BoP, current US$.
Analysis
The most recent figure for share of service in total exports in Maldives is 382.71 million BoP, current US$, measured in 2024.
The figure is down 9.2% on the previous year and up 27.2% over ten years.
Over the whole period, share of service in total exports in Maldives peaked at 421.38 million BoP, current US$ in 2023 and was at its lowest, 5.00 million BoP, current US$, in 1977.
That places Maldives 166th out of 198 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Share of service in total exports in Maldives, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1977 | 5.00 million BoP, current US$ | — |
| 1978 | 7.20 million BoP, current US$ | +44.0% |
| 1979 | 10.70 million BoP, current US$ | +48.6% |
| 1980 | 12.80 million BoP, current US$ | +19.6% |
| 1981 | 15.80 million BoP, current US$ | +23.4% |
| 1982 | 17.30 million BoP, current US$ | +9.5% |
| 1983 | 19.80 million BoP, current US$ | +14.5% |
| 1984 | 23.10 million BoP, current US$ | +16.7% |
| 1985 | 25.50 million BoP, current US$ | +10.4% |
| 1986 | 31.20 million BoP, current US$ | +22.4% |
| 1987 | 39.80 million BoP, current US$ | +27.6% |
| 1988 | 54.35 million BoP, current US$ | +36.6% |
| 1989 | 63.70 million BoP, current US$ | +17.2% |
| 1990 | 78.00 million BoP, current US$ | +22.4% |
| 1991 | 76.20 million BoP, current US$ | -2.3% |
| 1992 | 65.10 million BoP, current US$ | -14.6% |
| 1993 | 52.72 million BoP, current US$ | -19.0% |
| 1994 | 75.43 million BoP, current US$ | +43.1% |
| 1995 | 85.01 million BoP, current US$ | +12.7% |
| 1996 | 79.94 million BoP, current US$ | -6.0% |
| 1997 | 89.65 million BoP, current US$ | +12.1% |
| 1998 | 95.63 million BoP, current US$ | +6.7% |
| 1999 | 91.49 million BoP, current US$ | -4.3% |
| 2000 | 108.67 million BoP, current US$ | +18.8% |
| 2001 | 110.21 million BoP, current US$ | +1.4% |
| 2002 | 132.45 million BoP, current US$ | +20.2% |
| 2003 | 152.00 million BoP, current US$ | +14.8% |
| 2004 | 180.97 million BoP, current US$ | +19.1% |
| 2005 | 161.64 million BoP, current US$ | -10.7% |
| 2006 | 225.25 million BoP, current US$ | +39.4% |
| 2007 | 226.96 million BoP, current US$ | +0.8% |
| 2008 | 331.38 million BoP, current US$ | +46.0% |
| 2009 | 169.04 million BoP, current US$ | -49.0% |
| 2010 | 197.50 million BoP, current US$ | +16.8% |
| 2011 | 346.38 million BoP, current US$ | +75.4% |
| 2012 | 314.42 million BoP, current US$ | -9.2% |
| 2013 | 330.96 million BoP, current US$ | +5.3% |
| 2014 | 300.87 million BoP, current US$ | -9.1% |
| 2015 | 239.84 million BoP, current US$ | -20.3% |
| 2016 | 256.19 million BoP, current US$ | +6.8% |
| 2017 | 318.34 million BoP, current US$ | +24.3% |
| 2018 | 339.23 million BoP, current US$ | +6.6% |
| 2019 | 360.69 million BoP, current US$ | +6.3% |
| 2020 | 257.62 million BoP, current US$ | -28.6% |
| 2021 | 285.38 million BoP, current US$ | +10.8% |
| 2022 | 399.75 million BoP, current US$ | +40.1% |
| 2023 | 421.38 million BoP, current US$ | +5.4% |
| 2024 | 382.71 million BoP, current US$ | -9.2% |
Maldives compared with similar countries
- Maldives's 382.71 million BoP, current US$ is below the median for upper middle income countries, which is 13.03 billion BoP, current US$, 3% of the median. (56 countries reporting)
- Maldives's 382.71 million BoP, current US$ is below the median for South Asia, which is 7.16 billion BoP, current US$, 5% of the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 7.63 million BoP, current US$ | 5.00 million BoP, current US$ | 10.70 million BoP, current US$ | 3 |
| 1980s | 30.33 million BoP, current US$ | 12.80 million BoP, current US$ | 63.70 million BoP, current US$ | 10 |
| 1990s | 78.92 million BoP, current US$ | 52.72 million BoP, current US$ | 95.63 million BoP, current US$ | 10 |
| 2000s | 179.86 million BoP, current US$ | 108.67 million BoP, current US$ | 331.38 million BoP, current US$ | 10 |
| 2010s | 300.44 million BoP, current US$ | 197.50 million BoP, current US$ | 360.69 million BoP, current US$ | 10 |
| 2020s | 349.37 million BoP, current US$ | 257.62 million BoP, current US$ | 421.38 million BoP, current US$ | 5 |
Countries ranked near Maldives
- 163 Yemen 472.84 million BoP, current US$ compare
- 164 Belize 442.91 million BoP, current US$ compare
- 165 Burundi 406.91 million BoP, current US$ compare
- 167 Gambia 363.32 million BoP, current US$ compare
- 168 Cape Verde 344.22 million BoP, current US$ compare
- 169 Cayman Islands 268.63 million 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)
- SDRs holdings, US dollar, annual growth rate 29.4 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0001 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1.08 units per person (2025)
- SDRs holdings, SDR, annual growth rate 23.22 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0001 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.7869 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0029 units per US$ of GDP (2025)
Frequently asked questions
- What is share of service in total exports in Maldives?
- Share of service in total exports in Maldives was 382.71 million BoP, current US$ in 2024, according to International Monetary Fund (IMF), via World Bank (2026) – processed by Our World in Data.
- What is the highest share of service in total exports recorded in Maldives?
- The highest recorded value was 421.38 million BoP, current US$ in 2023.
- What is the lowest share of service in total exports recorded in Maldives?
- The lowest recorded value was 5.00 million BoP, current US$ in 1977.
- How does Maldives rank for share of service in total exports?
- Maldives ranks 166th out of 198 countries with data for 2024.
- Is share of service in total exports rising or falling in Maldives?
- Over the last ten years it is up 27.2%. The long-run trend across the full record is volatile.
- Where does this Maldives data come from?
- The figures come from International Monetary Fund (IMF), via World Bank (2026) – processed by Our World in Data, published as part of Share of service in total exports. Statizoid updates them automatically from the source API.
Download this data
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About this data
Services refer to economic output of intangible commodities that may be produced, transferred, and consumed at the same time. The share of services in total exports comes from comparing trade in goods and services at current US dollars.