Trade in services (% of GDP) in Maldives
Maldives: Trade in services (% of GDP) was 99.4% in 2025. ▼ Falling
Trade in services in Maldives, 1977–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2025, trade in services in Maldives stood at 99.4%.
That represents a change of up 1.5% on the previous year and up 8.5% over ten years.
Over the whole period, trade in services in Maldives peaked at 247.0% in 1981 and was at its lowest, 28.7%, in 1978.
That places Maldives 10th out of 200 countries with data for 2025, putting it in the top 10%.
The long-run direction has been consistently falling across the 49 years of available data.
Trade in services (% of GDP) in Maldives, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1977 | 28.8% | — |
| 1978 | 28.7% | -0.2% |
| 1979 | 145.6% | +407.0% |
| 1980 | 224.9% | +54.4% |
| 1981 | 247.0% | +9.8% |
| 1982 | 223.3% | -9.6% |
| 1983 | 165.7% | -25.8% |
| 1984 | 87.3% | -47.3% |
| 1985 | 72.8% | -16.6% |
| 1986 | 62.5% | -14.2% |
| 1987 | 70.7% | +13.1% |
| 1988 | 60.6% | -14.3% |
| 1989 | 60.8% | +0.4% |
| 1990 | 64.7% | +6.3% |
| 1991 | 61.5% | -5.0% |
| 1992 | 71.5% | +16.3% |
| 1993 | 67.6% | -5.5% |
| 1994 | 73.1% | +8.2% |
| 1995 | 77.6% | +6.1% |
| 1996 | 83.7% | +7.9% |
| 1997 | 80.0% | -4.5% |
| 1998 | 79.6% | -0.4% |
| 1999 | 76.5% | -3.9% |
| 2000 | 73.4% | -4.1% |
| 2001 | 53.3% | -27.3% |
| 2002 | 52.8% | -0.9% |
| 2003 | 52.5% | -0.7% |
| 2004 | 54.2% | +3.3% |
| 2005 | 46.1% | -15.0% |
| 2006 | 49.7% | +7.9% |
| 2007 | 102.1% | +105.4% |
| 2008 | 91.0% | -10.9% |
| 2009 | 82.8% | -9.0% |
| 2010 | 87.4% | +5.5% |
| 2011 | 96.6% | +10.5% |
| 2012 | 95.0% | -1.6% |
| 2013 | 99.3% | +4.6% |
| 2014 | 102.5% | +3.2% |
| 2015 | 91.5% | -10.7% |
| 2016 | 90.6% | -1.0% |
| 2017 | 88.8% | -2.0% |
| 2018 | 84.8% | -4.5% |
| 2019 | 82.4% | -2.8% |
| 2020 | 61.1% | -25.8% |
| 2021 | 91.2% | +49.2% |
| 2022 | 102.3% | +12.1% |
| 2023 | 92.8% | -9.3% |
| 2024 | 97.9% | +5.5% |
| 2025 | 99.4% | +1.5% |
Maldives compared with similar countries
- Maldives's 99.4% is above the median for upper middle income countries, which is 26.5%, 3.7× the median. (57 countries reporting)
- Maldives's 99.4% is above the median for South Asia, which is 12.5%, 7.9× the median. (6 countries reporting)
Biggest year-on-year movements
Years where Trade in services (% of GDP) 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 | +407.0% | 28.7% | 145.6% |
| 2007 | +105.4% | 49.7% | 102.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 67.7% | 28.7% | 145.6% | 3 |
| 1980s | 127.6% | 60.6% | 247.0% | 10 |
| 1990s | 73.6% | 61.5% | 83.7% | 10 |
| 2000s | 65.8% | 46.1% | 102.1% | 10 |
| 2010s | 91.9% | 82.4% | 102.5% | 10 |
| 2020s | 90.8% | 61.1% | 102.3% | 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)
- 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 trade in services in Maldives?
- Trade in services in Maldives was 99.4% in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest trade in services recorded in Maldives?
- The highest recorded value was 247.0% in 1981.
- What is the lowest trade in services recorded in Maldives?
- The lowest recorded value was 28.7% in 1978.
- How does Maldives rank for trade in services?
- Maldives ranks 10th out of 200 countries with data for 2025.
- Is trade in services rising or falling in Maldives?
- Over the last ten years it is up 8.5%. The long-run trend across the full record is falling.
- 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 Trade in services (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Total trade in services includes services provided by residents to non-residents plus services provided by non-residents to residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.