Services, Debit/Expenditure in Maldives
Maldives: Services, Debit/Expenditure was 1.89 billion in 2024. ◆ Volatile
Services, Debit/Expenditure in Maldives, 2005–2024
Source: International Monetary Fund.
Analysis
The most recent figure for services, debit/expenditure in Maldives is 1.89 billion, measured in 2024. That is the highest value across all 20 years on record.
That represents a change of up 11.7% on the previous year and up 137.7% over ten years.
Over the whole period, services, debit/expenditure in Maldives peaked at 1.89 billion in 2024 and was at its lowest, 213.07 million, in 2005.
Maldives ranks 124th of 198 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Services, Debit/Expenditure in Maldives, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 213.07 million | — |
| 2006 | 231.16 million | +8.5% |
| 2007 | 330.89 million | +43.1% |
| 2008 | 427.94 million | +29.3% |
| 2009 | 398.32 million | -6.9% |
| 2010 | 451.37 million | +13.3% |
| 2011 | 581.01 million | +28.7% |
| 2012 | 570.65 million | -1.8% |
| 2013 | 696.57 million | +22.1% |
| 2014 | 793.30 million | +13.9% |
| 2015 | 874.69 million | +10.3% |
| 2016 | 1.10 billion | +26.1% |
| 2017 | 1.27 billion | +15.5% |
| 2018 | 1.34 billion | +4.9% |
| 2019 | 1.34 billion | -0.1% |
| 2020 | 740.31 million | -44.6% |
| 2021 | 1.09 billion | +47.5% |
| 2022 | 1.62 billion | +48.6% |
| 2023 | 1.69 billion | +4.0% |
| 2024 | 1.89 billion | +11.7% |
Maldives compared with similar countries
- Maldives's 1.89 billion is below the median for upper middle income countries, which is 4.11 billion, 46% of the median. (54 countries reporting)
- Maldives's 1.89 billion is below the median for South Asia, which is 2.87 billion, 66% of the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 320.28 million | 213.07 million | 427.94 million | 5 |
| 2010s | 901.95 million | 451.37 million | 1.34 billion | 10 |
| 2020s | 1.41 billion | 740.31 million | 1.89 billion | 5 |
Countries ranked near Maldives
- 121 Mozambique 2.11 billion compare
- 122 North Macedonia 2.01 billion compare
- 123 Zambia 1.94 billion compare
- 125 Gabon 1.88 billion compare
- 126 Cayman Islands 1.80 billion compare
- 127 Moldova 1.80 billion compare
More trade data for Maldives
- Commodity Net Export Price Index, Individual Commodities Weighted by 144.76 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 107.84 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 104.72 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 151.37 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 97.11 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 73.03 (2025)
- Imports of low carbon technology products, Percent of GDP 1.74 (2024)
- Imports of low carbon technology products, US dollar (World), per 232.1 units per person (2024)
- Imports of low carbon technology products, US dollar (World), per 0.0173 units per US$ of GDP (2024)
- Exports of low carbon technology products, US dollar (World), gaps 8,106 (2023)
Frequently asked questions
- What is services, debit/expenditure in Maldives?
- Services, debit/expenditure in Maldives was 1.89 billion in 2024, according to International Monetary Fund.
- What is the highest services, debit/expenditure recorded in Maldives?
- The highest recorded value was 1.89 billion in 2024.
- What is the lowest services, debit/expenditure recorded in Maldives?
- The lowest recorded value was 213.07 million in 2005.
- How does Maldives rank for services, debit/expenditure?
- Maldives ranks 124th out of 198 countries with data for 2024.
- Is services, debit/expenditure rising or falling in Maldives?
- Over the last ten years it is up 137.7%. The long-run trend across the full record is volatile.
- Where does this Maldives data come from?
- The figures come from International Monetary Fund, published as part of Services, Debit/Expenditure (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.