Commercial service imports in Maldives
Maldives: Commercial service imports was 1.88 billion current US$ in 2024. ◆ Volatile
Commercial service imports in Maldives, 1977–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current US$.
Analysis
Maldives recorded 1.88 billion current US$ for commercial service imports in 2024. That is the highest value across all 48 years on record.
The figure is up 11.6% on the previous year and up 138.1% over ten years.
Over the whole period, commercial service imports in Maldives peaked at 1.88 billion current US$ in 2024 and was at its lowest, 1.00 million current US$, in 1977.
That places Maldives 127th out of 200 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Commercial service imports in Maldives, year by year
| Year | current US$ | Change |
|---|---|---|
| 1977 | 1.00 million current US$ | — |
| 1978 | 1.40 million current US$ | +40.0% |
| 1979 | 24.50 million current US$ | +1650.0% |
| 1980 | 40.30 million current US$ | +64.5% |
| 1981 | 49.80 million current US$ | +23.6% |
| 1982 | 45.40 million current US$ | -8.8% |
| 1983 | 36.90 million current US$ | -18.7% |
| 1984 | 33.20 million current US$ | -10.0% |
| 1985 | 23.70 million current US$ | -28.6% |
| 1986 | 20.05 million current US$ | -15.4% |
| 1987 | 25.09 million current US$ | +25.1% |
| 1988 | 27.26 million current US$ | +8.6% |
| 1989 | 28.09 million current US$ | +3.0% |
| 1990 | 37.13 million current US$ | +32.2% |
| 1991 | 41.34 million current US$ | +11.3% |
| 1992 | 48.60 million current US$ | +17.6% |
| 1993 | 56.10 million current US$ | +15.4% |
| 1994 | 61.68 million current US$ | +9.9% |
| 1995 | 75.41 million current US$ | +22.3% |
| 1996 | 86.39 million current US$ | +14.6% |
| 1997 | 92.84 million current US$ | +7.5% |
| 1998 | 97.56 million current US$ | +5.1% |
| 1999 | 106.72 million current US$ | +9.4% |
| 2000 | 107.92 million current US$ | +1.1% |
| 2001 | 108.44 million current US$ | +0.5% |
| 2002 | 109.88 million current US$ | +1.3% |
| 2003 | 118.79 million current US$ | +8.1% |
| 2004 | 155.13 million current US$ | +30.6% |
| 2005 | 210.17 million current US$ | +35.5% |
| 2006 | 226.36 million current US$ | +7.7% |
| 2007 | 326.38 million current US$ | +44.2% |
| 2008 | 419.47 million current US$ | +28.5% |
| 2009 | 394.15 million current US$ | -6.0% |
| 2010 | 445.92 million current US$ | +13.1% |
| 2011 | 575.59 million current US$ | +29.1% |
| 2012 | 567.28 million current US$ | -1.4% |
| 2013 | 691.68 million current US$ | +21.9% |
| 2014 | 788.01 million current US$ | +13.9% |
| 2015 | 866.97 million current US$ | +10.0% |
| 2016 | 1.09 billion current US$ | +26.2% |
| 2017 | 1.26 billion current US$ | +15.6% |
| 2018 | 1.33 billion current US$ | +5.0% |
| 2019 | 1.33 billion current US$ | -0.2% |
| 2020 | 727.31 million current US$ | -45.1% |
| 2021 | 1.08 billion current US$ | +48.2% |
| 2022 | 1.61 billion current US$ | +49.2% |
| 2023 | 1.68 billion current US$ | +4.6% |
| 2024 | 1.88 billion current US$ | +11.6% |
Maldives compared with similar countries
- Maldives's 1.88 billion current US$ is below the median for upper middle income countries, which is 3.89 billion current US$, 48% of the median. (57 countries reporting)
- Maldives's 1.88 billion current US$ is below the median for South Asia, which is 2.74 billion current US$, 69% of the median. (6 countries reporting)
Biggest year-on-year movements
Years where Commercial service imports in Maldives changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1979 | +1650.0% | 1.40 million current US$ | 24.50 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 8.97 million current US$ | 1.00 million current US$ | 24.50 million current US$ | 3 |
| 1980s | 32.98 million current US$ | 20.05 million current US$ | 49.80 million current US$ | 10 |
| 1990s | 70.38 million current US$ | 37.13 million current US$ | 106.72 million current US$ | 10 |
| 2000s | 217.67 million current US$ | 107.92 million current US$ | 419.47 million current US$ | 10 |
| 2010s | 894.65 million current US$ | 445.92 million current US$ | 1.33 billion current US$ | 10 |
| 2020s | 1.39 billion current US$ | 727.31 million current US$ | 1.88 billion current US$ | 5 |
Countries ranked near Maldives
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$), annual growth rate 15.93 % change on previous year (2025)
Frequently asked questions
- What is commercial service imports in Maldives?
- Commercial service imports in Maldives was 1.88 billion current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest commercial service imports recorded in Maldives?
- The highest recorded value was 1.88 billion current US$ in 2024.
- What is the lowest commercial service imports recorded in Maldives?
- The lowest recorded value was 1.00 million current US$ in 1977.
- How does Maldives rank for commercial service imports?
- Maldives ranks 127th out of 200 countries with data for 2024.
- Is commercial service imports rising or falling in Maldives?
- Over the last ten years it is up 138.1%. The long-run trend across the full record is volatile.
- Where does this Maldives data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Commercial service imports (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 48 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Commercial service imports are total service imports minus imports of government services not included elsewhere. Imports of services are services provided by non-residents to residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.