Volume of remittances (in United States dollars) as a proportion of in Maldives
Maldives: Volume of remittances (in United States dollars) as a proportion of was 0.1% in 2024. ◆ Volatile
Volume of remittances (in United States dollars) as a proportion of in Maldives, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Maldives recorded 0.1% for volume of remittances (in united states dollars) as a proportion of in 2024.
Compared with earlier readings it is down 1.5% on the previous year and down 14.7% over ten years.
Over the whole period, volume of remittances (in united states dollars) as a proportion of in Maldives peaked at 0.4% in 2007 and was at its lowest, 0.1%, in 2019.
That places Maldives 191st out of 203 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.
Volume of remittances (in United States dollars) as a proportion of in Maldives, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 0.4% | — |
| 2001 | 0.2% | -40.4% |
| 2002 | 0.2% | +7.0% |
| 2003 | 0.2% | -14.7% |
| 2004 | 0.2% | +23.6% |
| 2005 | 0.2% | -17.9% |
| 2006 | 0.2% | -8.4% |
| 2007 | 0.4% | +138.9% |
| 2008 | 0.3% | -35.0% |
| 2009 | 0.2% | -30.3% |
| 2010 | 0.1% | -36.5% |
| 2011 | 0.1% | -11.5% |
| 2012 | 0.1% | +0.9% |
| 2013 | 0.1% | -8.0% |
| 2014 | 0.1% | -6.4% |
| 2015 | 0.1% | -6.0% |
| 2016 | 0.1% | -1.7% |
| 2017 | 0.1% | -3.9% |
| 2018 | 0.1% | -6.4% |
| 2019 | 0.1% | -0.9% |
| 2020 | 0.1% | +61.9% |
| 2021 | 0.1% | -25.8% |
| 2022 | 0.1% | -10.7% |
| 2023 | 0.1% | -2.0% |
| 2024 | 0.1% | -1.5% |
Maldives compared with similar countries
- Maldives's 0.1% is below the median for upper middle income countries, which is 3.6%, 2% of the median. (53 countries reporting)
- Maldives's 0.1% is below the median for South Asia, which is 4.8%, 2% of the median. (6 countries reporting)
Biggest year-on-year movements
Years where Volume of remittances (in United States dollars) as a proportion of 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 |
|---|---|---|---|
| 2007 | +138.9% | 0.2% | 0.4% |
| 2020 | +61.9% | 0.1% | 0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.2% | 0.2% | 0.4% | 10 |
| 2010s | 0.1% | 0.1% | 0.1% | 10 |
| 2020s | 0.1% | 0.1% | 0.1% | 5 |
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 volume of remittances (in united states dollars) as a proportion of in Maldives?
- Volume of remittances (in united states dollars) as a proportion of in Maldives was 0.1% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest volume of remittances (in united states dollars) as a proportion of recorded in Maldives?
- The highest recorded value was 0.4% in 2007.
- What is the lowest volume of remittances (in united states dollars) as a proportion of recorded in Maldives?
- The lowest recorded value was 0.1% in 2019.
- How does Maldives rank for volume of remittances (in united states dollars) as a proportion of?
- Maldives ranks 191st out of 203 countries with data for 2024.
- Is volume of remittances (in united states dollars) as a proportion of rising or falling in Maldives?
- Over the last ten years it is down 14.7%. The long-run trend across the full record is volatile.
- Where does this Maldives data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Volume of remittances (in United States dollars) as a proportion of total GDP (%). Statizoid updates them automatically from the source API.
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