Trade balance in the Maldives in 2024 — -3,214,632 US$. Ranked 71 in the world out of 171. Since 2014, the indicator has fallen by 100.5%.
2014–2024 · US$
How the value compares with the world and the groups this territory belongs to: Maldives
| Year | US$ | Change | Change, % |
|---|---|---|---|
| 2024 | -3.21M | +80.37M | +96.15% |
| 2023 | -83.59M | −275M | −143.67% |
| 2022 | 191M | −312M | −62.01% |
| 2021 | 504M | +1.17B | +175.89% |
| 2020 | -664M | −315M | −90.09% |
| 2019 | -349M | +169M | +32.65% |
| 2018 | -519M | −336M | −183.81% |
| 2017 | -183M | −132M | −259.33% |
| 2016 | -50.84M | −428M | −113.48% |
| 2015 | 377M | −237M | −38.57% |
| 2014 | 614M | — | — |
The same indicator for neighboring countries — with links to their pages
The balance of foreign trade in goods and services: exports minus imports. This is the largest part of the current account but not the whole of it — investment income and remittances do not enter the trade balance, and for countries with large transfers the two indicators move in opposite directions. A surplus is not in itself a sign of a healthy economy: a country importing equipment for construction will run a deficit precisely because it is investing in growth.
Important: Goods and services together. For countries with large service exports — tourism, transport, software — the merchandise balance can be negative while the overall balance is positive.
Source: World Development Indicators (World Bank), license CC BY 4.0.
The value of goods shipped out and of services provided to non-residents, in US dollars.
Trade Imports of goods and servicesThe value of goods brought in and of services received from non-residents.
Finance Current account balance in US dollarsHow much more a country receives from abroad than it pays out there. A minus means it pays more.
Trade Trade opennessExports plus imports as a percent of GDP — total foreign trade turnover.