Commercial service exports (current US$), annual growth rate in Maldives
Maldives: Commercial service exports (current US$), annual growth rate was 12.85 % change on previous year in 2024. ◆ Volatile
Commercial service exports (current US$), annual growth rate in Maldives, 1978–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, commercial service exports (current us$), annual growth rate in Maldives stood at 12.85 % change on previous year.
Compared with earlier readings it is up 352.9% on the previous year and down 21.6% over ten years.
Over the whole period, commercial service exports (current us$), annual growth rate in Maldives peaked at 455.36 % change on previous year in 1979 and was at its lowest, -54.94 % change on previous year, in 2020.
Maldives ranks 64th of 198 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Commercial service exports (current US$), annual growth rate in Maldives, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1978 | 12 % change on previous year | — |
| 1979 | 455.36 % change on previous year | +3694.6% |
| 1980 | 68.49 % change on previous year | -85.0% |
| 1981 | 11.64 % change on previous year | -83.0% |
| 1982 | 0.8547 % change on previous year | -92.7% |
| 1983 | -4.07 % change on previous year | -575.9% |
| 1984 | -1.06 % change on previous year | -73.9% |
| 1985 | 8.21 % change on previous year | -874.9% |
| 1986 | 0.8201 % change on previous year | -90.0% |
| 1987 | 8.7 % change on previous year | +960.5% |
| 1988 | 6.2 % change on previous year | -28.8% |
| 1989 | 22.23 % change on previous year | +258.8% |
| 1990 | 16.93 % change on previous year | -23.9% |
| 1991 | 6.18 % change on previous year | -63.5% |
| 1992 | 42.65 % change on previous year | +590.1% |
| 1993 | 3.52 % change on previous year | -91.8% |
| 1994 | 23.26 % change on previous year | +561.0% |
| 1995 | 18.12 % change on previous year | -22.1% |
| 1996 | 24.35 % change on previous year | +34.4% |
| 1997 | 8.08 % change on previous year | -66.8% |
| 1998 | 6.25 % change on previous year | -22.6% |
| 1999 | 3.42 % change on previous year | -45.3% |
| 2000 | 1.64 % change on previous year | -52.0% |
| 2001 | 1.6 % change on previous year | -2.6% |
| 2002 | 2.52 % change on previous year | +57.4% |
| 2003 | 19.19 % change on previous year | +662.2% |
| 2004 | 17.66 % change on previous year | -8.0% |
| 2005 | -37.23 % change on previous year | -310.8% |
| 2006 | 73.35 % change on previous year | -297.0% |
| 2007 | 186.38 % change on previous year | +154.1% |
| 2008 | 3.88 % change on previous year | -97.9% |
| 2009 | -5.86 % change on previous year | -251.0% |
| 2010 | 17.33 % change on previous year | -395.8% |
| 2011 | 15.97 % change on previous year | -7.8% |
| 2012 | 3.48 % change on previous year | -78.2% |
| 2013 | 18.71 % change on previous year | +437.5% |
| 2014 | 16.38 % change on previous year | -12.4% |
| 2015 | -3.12 % change on previous year | -119.1% |
| 2016 | -0.4928 % change on previous year | -84.2% |
| 2017 | 3.78 % change on previous year | -867.1% |
| 2018 | 8.15 % change on previous year | +115.6% |
| 2019 | 4.2 % change on previous year | -48.5% |
| 2020 | -54.94 % change on previous year | -1408.1% |
| 2021 | 142.81 % change on previous year | -359.9% |
| 2022 | 26.99 % change on previous year | -81.1% |
| 2023 | -5.08 % change on previous year | -118.8% |
| 2024 | 12.85 % change on previous year | -352.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 233.68 % change on previous year | 12 % change on previous year | 455.36 % change on previous year | 2 |
| 1980s | 12.2 % change on previous year | -4.07 % change on previous year | 68.49 % change on previous year | 10 |
| 1990s | 15.28 % change on previous year | 3.42 % change on previous year | 42.65 % change on previous year | 10 |
| 2000s | 26.31 % change on previous year | -37.23 % change on previous year | 186.38 % change on previous year | 10 |
| 2010s | 8.44 % change on previous year | -3.12 % change on previous year | 18.71 % change on previous year | 10 |
| 2020s | 24.53 % change on previous year | -54.94 % change on previous year | 142.81 % change on previous year | 5 |
Countries ranked near Maldives
- 61 Micronesia, Federated States of 13.2 % change on previous year compare
- 62 Bermuda 12.92 % change on previous year compare
- 63 Aruba 12.86 % change on previous year compare
- 65 Slovenia 12.69 % change on previous year compare
- 66 North Macedonia 12.35 % change on previous year compare
- 67 Nigeria 11.88 % change on previous year compare
More private sector data for Maldives
- Merchandise trade 52.5% (2025)
- Food imports 21.2% (2024)
- Manufactures imports 53.7% (2024)
- Merchandise imports 3.62 billion current US$ (2025)
- Food exports 94.4% (2024)
- Manufactures exports 1.2% (2024)
- Merchandise exports 444.00 million current US$ (2025)
- Merchandise exports (current US$), per capita 838.25 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.0574 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 15.93 % change on previous year (2025)
Frequently asked questions
- What is commercial service exports (current us$), annual growth rate in Maldives?
- Commercial service exports (current us$), annual growth rate in Maldives was 12.85 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest commercial service exports (current us$), annual growth rate recorded in Maldives?
- The highest recorded value was 455.36 % change on previous year in 1979.
- What is the lowest commercial service exports (current us$), annual growth rate recorded in Maldives?
- The lowest recorded value was -54.94 % change on previous year in 2020.
- How does Maldives rank for commercial service exports (current us$), annual growth rate?
- Maldives ranks 64th out of 198 countries with data for 2024.
- Is commercial service exports (current us$), annual growth rate rising or falling in Maldives?
- Over the last ten years it is down 21.6%. The long-run trend across the full record is volatile.
- Where does this Maldives data come from?
- The figures come from Statizoid (derived), published as part of Commercial service exports (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 47 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Commercial service exports (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Commercial service exports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Commercial service exports (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.