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Trade & investment · South Asia · Upper-middle income

Maldives: trade and investment

Exports is 78.2% (2024), 20th of 184 in the world and 1st of 6 in South Asia. Imports is 78.3% (2024), 21st of 184 in the world and 1st of 6 in South Asia. Trade openness is 156.5% (2024), 17th of 184 in the world and 1st of 6 in South Asia.

Exports
MaldivesSouth AsiaUpper-middle incomeWorld
0%25%50%75%100%1995200020052010201520202025Maldives78.2%South AsiaUpper-middle incomeWorld
Imports
MaldivesSouth AsiaUpper-middle incomeWorld
0%20%40%60%80%1995200020052010201520202025Maldives78.3%South AsiaUpper-middle incomeWorld
13 indicators

Trade & investment: Maldives in detail

Latest reported value, world rank and rank within South Asia; values around 2000, 2010, 2020; group and world columns are World Bank aggregates.

IndicatorLatestWorld rankIn region~2000~2010~202010-year changeRegionIncome groupWorldSince 2000
ExportsExports of goods and services, % of GDP78.2%202420/1841/6··48.2%−13.1 ppsince 201421.0%25.9%29.5%
ImportsImports of goods and services, % of GDP78.3%202421/1841/6··66.1%+3.6 ppsince 201423.5%23.8%28.5%
Trade opennessTrade, % of GDP156.5%202417/1841/6··114.4%−9.5 ppsince 201444.6%48.9%68.5%
Current accountCurrent account balance, % of GDP-6.2%2025142/1855/6-8.2%-7.6%-35.7%+1.2 ppsince 2015———
Merchandise exportsMerchandise exports, current US$$444m2025170/2066/6$109m$198m$286m+85%since 2015$511bn$7.7tn$26.4tn
High-tech exportsHigh-technology exports, % of manufactured exports0.0%2024165/1705/5··1.7%—18.1%23.2%24.7%
Fuel exportsFuel exports, % of merchandise exports0.1%2025136/1723/5·0.0%0.0%+0.1 ppsince 201512.8%5.2%9.5%
Food exportsFood exports, % of merchandise exports97.0%20253/1721/553.7%96.2%97.7%−0.4 ppsince 201512.6%9.0%9.0%
Average tariffApplied tariff rate, weighted mean, all products11.1%202230/1842/620.4%19.7%11.6%+4.7 ppsince 2012———
FDI inflowsForeign direct investment, net inflows, % of GDP11.1%202514/1971/63.6%8.4%11.9%+3.9 ppsince 20151.0%1.1%1.4%
RemittancesPersonal remittances received, % of GDP0.1%2025166/1786/60.4%0.1%0.1%±0.0 ppsince 20154.5%1.0%0.8%
Tourist arrivalsInternational tourist arrivals555,0002020119/1962/6467,000792,000555,000−30%since 201027.1m573m2.4bn
Tourism receiptsInternational tourism receipts, current US$$1.4bn202062/1772/6·$2.0bn2011$1.4bn—$41.9bn—$1.9tn
Source: World Bank, World Development Indicators (CC BY 4.0)“·” — no value reported within two years of that date. World rank counts countries with a recent value.
neighbours

Maldives and its neighbours

Countries sharing a land border with Maldives. Latest values since 2005; the highest in each row is marked.

IndicatorMaldivesUnited Kingdom
Exports78.2%202430.6%2025
Imports78.3%202431.9%2025
Trade openness156.5%202462.5%2025
Current account-6.2%2025-3.1%2025
Merchandise exports$444m2025$556bn2025
High-tech exports0.0%202429.2%2024
Fuel exports0.1%20257.2%2025
Food exports97.0%20256.7%2025
Average tariff11.1%20221.0%2022