Service exports — all countries

Service exports — Maldives

Service exports in the Maldives in 2024 — 5,030,398,830 US$. Ranked 92 in the world out of 165. Since 1977, the indicator has risen by 100,508%.

2024 5.03B US$ +12.83% vs 2023
World rank 92of 165
Period maximum 5.03B US$2024
Period minimum 5M US$1977

Trend over time

1977–2024 · US$

Service exports — Maldives, 1977–202402B4B6B19771982198719921997200220072012201720221977: 5,000,000 US$1978: 5,600,000 US$1979: 31,100,000 US$1980: 52,400,000 US$1981: 58,700,000 US$1982: 59,300,000 US$1983: 56,900,000 US$1984: 61,400,000 US$1985: 65,600,000 US$1986: 65,396,965 US$1987: 71,411,085 US$1988: 73,626,650 US$1989: 86,407,075 US$1990: 101,100,000 US$1991: 108,069,673 US$1992: 154,261,371 US$1993: 160,653,324 US$1994: 197,409,400 US$1995: 232,817,527 US$1996: 289,027,872 US$1997: 312,176,465 US$1998: 331,303,658 US$1999: 342,779,709 US$2000: 348,481,533 US$2001: 354,054,366 US$2002: 362,889,415 US$2003: 431,924,731 US$2004: 507,657,855 US$2005: 322,879,156 US$2006: 551,868,516 US$2007: 1,576,925,234 US$2008: 1,638,368,398 US$2009: 1,543,155,700 US$2010: 1,809,935,024 US$2011: 2,098,392,265 US$2012: 2,171,527,399 US$2013: 2,576,928,760 US$2014: 2,998,330,646 US$2015: 2,905,267,590 US$2016: 2,891,358,650 US$2017: 3,000,733,130 US$2018: 3,245,074,166 US$2019: 3,381,440,377 US$2020: 1,528,882,213 US$2021: 3,699,420,083 US$2022: 4,695,879,775 US$2023: 4,458,320,504 US$2024: 5,030,398,830 US$
Change over the period: +5.03B (+100,507.98%) Average annual rate: 15.85 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Maldives

Maldives 5.03B US$
World 8.85T US$
South Asia 397B US$
Southern Asia computed 405B US$
Upper-middle-income countries computed 980B US$
Service exports — Maldives, by year Maldives All countries CSV XLSX
Year US$ Change Change, %
2024 5.03B +572M +12.83%
2023 4.46B −238M −5.06%
2022 4.7B +996M +26.94%
2021 3.7B +2.17B +141.97%
2020 1.53B −1.85B −54.79%
2019 3.38B +136M +4.2%
2018 3.25B +244M +8.14%
2017 3B +109M +3.78%
2016 2.89B −13.91M −0.48%
2015 2.91B −93.06M −3.1%
2014 3B +421M +16.35%
2013 2.58B +405M +18.67%
2012 2.17B +73.14M +3.49%
2011 2.1B +288M +15.94%
2010 1.81B +267M +17.29%
2009 1.54B −95.21M −5.81%
2008 1.64B +61.44M +3.9%
2007 1.58B +1.03B +185.74%
2006 552M +229M +70.92%
2005 323M −185M −36.4%
2004 508M +75.73M +17.53%
2003 432M +69.04M +19.02%
2002 363M +8.84M +2.5%
2001 354M +5.57M +1.6%
2000 348M +5.7M +1.66%
1999 343M +11.48M +3.46%
1998 331M +19.13M +6.13%
1997 312M +23.15M +8.01%
1996 289M +56.21M +24.14%
1995 233M +35.41M +17.94%
1994 197M +36.76M +22.88%
1993 161M +6.39M +4.14%
1992 154M +46.19M +42.74%
1991 108M +6.97M +6.89%
1990 101M +14.69M +17%
1989 86.41M +12.78M +17.36%
1988 73.63M +2.22M +3.1%
1987 71.41M +6.01M +9.2%
1986 65.4M −203,035 −0.31%
1985 65.6M +4.2M +6.84%
1984 61.4M +4.5M +7.91%
1983 56.9M −2.4M −4.05%
1982 59.3M +600,000 +1.02%
1981 58.7M +6.3M +12.02%
1980 52.4M +21.3M +68.49%
1979 31.1M +25.5M +455.36%
1978 5.6M +600,000 +12%
1977 5M

Southern Asia, 2024

The same indicator for neighboring countries — with links to their pages

About the indicator

Exports of services: travel and tourism, transport, communications, insurance, financial and business services, royalties, computer and information services. For dozens of countries this flow is larger than merchandise exports, and not only for the obvious tourist destinations: India, Ireland and the Philippines ended up near the top of the list on software and business services. Services, unlike goods, do not pass through customs, so they are estimated from banking and survey statistics and are measured less precisely.

Important: It serves as the denominator for the share of ICT services in service exports. It excludes investment income and compensation of employees — those are counted separately, in the primary income account.

Source: World Development Indicators (World Bank), license CC BY 4.0.