Travel services in Maldives
Maldives: Travel services was 95.1% in 2024. ▲ Rising
Travel services in Maldives, 1977–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of service exports, BoP.
Analysis
The most recent figure for travel services in Maldives is 95.1%, measured in 2024.
Compared with earlier readings it is up 0.3% on the previous year and up 5.8% over ten years.
Over the whole period, travel services in Maldives peaked at 96.0% in 2007 and was at its lowest, 17.9%, in 1980.
That places Maldives 2nd out of 198 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 48 years of available data.
Travel services in Maldives, year by year
| Year | % of service exports, BoP | Change |
|---|---|---|
| 1977 | 62.0% | — |
| 1978 | 83.9% | +35.4% |
| 1979 | 26.4% | -68.6% |
| 1980 | 17.9% | -32.0% |
| 1981 | 24.7% | +37.7% |
| 1982 | 34.7% | +40.6% |
| 1983 | 37.6% | +8.3% |
| 1984 | 48.7% | +29.5% |
| 1985 | 57.5% | +18.0% |
| 1986 | 68.5% | +19.2% |
| 1987 | 68.6% | +0.2% |
| 1988 | 74.7% | +8.9% |
| 1989 | 84.9% | +13.7% |
| 1990 | 87.7% | +3.3% |
| 1991 | 88.2% | +0.5% |
| 1992 | 89.5% | +1.4% |
| 1993 | 91.1% | +1.9% |
| 1994 | 91.5% | +0.5% |
| 1995 | 90.5% | -1.1% |
| 1996 | 91.9% | +1.5% |
| 1997 | 91.6% | -0.3% |
| 1998 | 91.5% | -0.2% |
| 1999 | 91.5% | +0.0% |
| 2000 | 92.0% | +0.6% |
| 2001 | 92.4% | +0.4% |
| 2002 | 92.9% | +0.5% |
| 2003 | 93.0% | +0.1% |
| 2004 | 92.8% | -0.2% |
| 2005 | 88.8% | -4.3% |
| 2006 | 92.9% | +4.6% |
| 2007 | 96.0% | +3.4% |
| 2008 | 95.1% | -1.0% |
| 2009 | 95.4% | +0.3% |
| 2010 | 94.6% | -0.8% |
| 2011 | 92.5% | -2.3% |
| 2012 | 90.2% | -2.5% |
| 2013 | 90.6% | +0.5% |
| 2014 | 89.9% | -0.8% |
| 2015 | 88.4% | -1.6% |
| 2016 | 86.7% | -2.0% |
| 2017 | 91.4% | +5.5% |
| 2018 | 93.3% | +2.1% |
| 2019 | 93.4% | +0.1% |
| 2020 | 91.4% | -2.1% |
| 2021 | 94.8% | +3.7% |
| 2022 | 95.8% | +1.0% |
| 2023 | 94.9% | -0.9% |
| 2024 | 95.1% | +0.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 57.4% | 26.4% | 83.9% | 3 |
| 1980s | 51.8% | 17.9% | 84.9% | 10 |
| 1990s | 90.5% | 87.7% | 91.9% | 10 |
| 2000s | 93.1% | 88.8% | 96.0% | 10 |
| 2010s | 91.1% | 86.7% | 94.6% | 10 |
| 2020s | 94.4% | 91.4% | 95.8% | 5 |
Countries ranked near Maldives
- 1 Turks and Caicos Islands 95.9% compare
- 3 Bahamas 93.9% compare
- 4 Saint Lucia 93.3% compare
- 5 Gambia 89.8% 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 travel services in Maldives?
- Travel services in Maldives was 95.1% in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest travel services recorded in Maldives?
- The highest recorded value was 96.0% in 2007.
- What is the lowest travel services recorded in Maldives?
- The lowest recorded value was 17.9% in 1980.
- How does Maldives rank for travel services?
- Maldives ranks 2nd out of 198 countries with data for 2024.
- Is travel services rising or falling in Maldives?
- Over the last ten years it is up 5.8%. The long-run trend across the full record is rising.
- 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 Travel services (% of service exports, BoP). 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
Travel services cover goods and services for own use or to give away acquired from an economy by nonresidents during visits to that economy, or acquired from other economies by residents during visits to these other economies. This indicator is expressed as a percentage of service exports which are services provided by residents to non-residents.