Trade openness in the Maldives in 2024 — 156.47%. Ranked 15 in the world out of 172. Since 2014, the indicator has fallen by 9.51 pp.
2014–2024 · % of GDP
How the value compares with the world and the groups this territory belongs to: Maldives
| Year | % | Change, pp |
|---|---|---|
| 2024 | 156.47 | +7.12 pp |
| 2023 | 149.35 | −12.89 pp |
| 2022 | 162.24 | +19.64 pp |
| 2021 | 142.61 | +28.25 pp |
| 2020 | 114.36 | −22.76 pp |
| 2019 | 137.13 | −5.37 pp |
| 2018 | 142.49 | +0.58 pp |
| 2017 | 141.91 | −2.47 pp |
| 2016 | 144.38 | +0.66 pp |
| 2015 | 143.72 | −22.26 pp |
| 2014 | 165.98 | — |
The same indicator for neighboring countries — with links to their pages
The sum of exports and imports of goods and services as a percent of GDP — the standard indicator of the trade openness of an economy. Values above 100% are not an anomaly: they mean that trade turnover exceeds annual GDP, which is typical of trading hubs and of small economies built into supply chains.
Source: World Development Indicators (World Bank), license CC BY 4.0.
Merchandise exports plus imports as a percent of GDP — without services.
Trade Exports (% of GDP)How far the economy is oriented toward external markets.
Trade Imports (% of GDP)How far the economy depends on supplies from abroad.
Trade Trade balanceThe difference between exports and imports of goods and services. A minus means imports are larger.
