Merchandise exports to low- and middle-income economies outside region in Maldives
Maldives: Merchandise exports to low- and middle-income economies outside region was 58.8% in 2023. ◆ Volatile
Merchandise exports to low- and middle-income economies outside region in Maldives, 1981–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
Maldives recorded 58.8% for merchandise exports to low- and middle-income economies outside region in 2023.
The figure is up 3.7% on the previous year and up 33.3% over ten years.
Over the whole period, merchandise exports to low- and middle-income economies outside region in Maldives peaked at 59.1% in 1984 and was at its lowest, 1.1%, in 1995.
Maldives ranks 13th of 206 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise exports to low- and middle-income economies outside region in Maldives, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1981 | 28.8% | — |
| 1982 | 33.0% | +14.6% |
| 1983 | 43.8% | +32.9% |
| 1984 | 59.1% | +35.0% |
| 1985 | 29.5% | -50.2% |
| 1986 | 36.3% | +23.0% |
| 1987 | 22.2% | -38.8% |
| 1988 | 31.9% | +44.0% |
| 1989 | 30.0% | -6.0% |
| 1990 | 16.7% | -44.4% |
| 1991 | 11.0% | -34.2% |
| 1992 | 6.5% | -41.1% |
| 1993 | 17.4% | +169.3% |
| 1994 | 9.1% | -47.8% |
| 1995 | 1.1% | -88.2% |
| 1996 | 9.7% | +800.6% |
| 1997 | 8.1% | -15.7% |
| 1998 | 12.9% | +59.0% |
| 1999 | 17.1% | +32.0% |
| 2000 | 5.9% | -65.5% |
| 2001 | 11.2% | +89.6% |
| 2002 | 15.5% | +38.5% |
| 2003 | 21.6% | +39.6% |
| 2004 | 24.9% | +15.0% |
| 2005 | 23.4% | -6.1% |
| 2006 | 28.4% | +21.5% |
| 2007 | 44.0% | +55.2% |
| 2008 | 52.3% | +18.8% |
| 2009 | 29.2% | -44.2% |
| 2010 | 34.2% | +17.3% |
| 2011 | 30.1% | -12.0% |
| 2012 | 33.6% | +11.5% |
| 2013 | 44.1% | +31.5% |
| 2014 | 33.0% | -25.2% |
| 2015 | 25.6% | -22.4% |
| 2016 | 35.0% | +36.7% |
| 2017 | 50.2% | +43.3% |
| 2018 | 39.6% | -21.0% |
| 2019 | 40.0% | +0.9% |
| 2020 | 48.7% | +21.8% |
| 2021 | 53.1% | +9.0% |
| 2022 | 56.8% | +6.8% |
| 2023 | 58.8% | +3.7% |
Maldives compared with similar countries
- Maldives's 58.8% is above the median for upper middle income countries, which is 9.6%, 6.1× the median. (59 countries reporting)
- Maldives's 58.8% is above the median for South Asia, which is 11.2%, 5.2× the median. (6 countries reporting)
Biggest year-on-year movements
Years where Merchandise exports to low- and middle-income economies outside region 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 |
|---|---|---|---|
| 1996 | +800.6% | 1.1% | 9.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 35.0% | 22.2% | 59.1% | 9 |
| 1990s | 11.0% | 1.1% | 17.4% | 10 |
| 2000s | 25.6% | 5.9% | 52.3% | 10 |
| 2010s | 36.6% | 25.6% | 50.2% | 10 |
| 2020s | 54.4% | 48.7% | 58.8% | 4 |
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 merchandise exports to low- and middle-income economies outside region in Maldives?
- Merchandise exports to low- and middle-income economies outside region in Maldives was 58.8% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports to low- and middle-income economies outside region recorded in Maldives?
- The highest recorded value was 59.1% in 1984.
- What is the lowest merchandise exports to low- and middle-income economies outside region recorded in Maldives?
- The lowest recorded value was 1.1% in 1995.
- How does Maldives rank for merchandise exports to low- and middle-income economies outside region?
- Maldives ranks 13th out of 206 countries with data for 2023.
- Is merchandise exports to low- and middle-income economies outside region rising or falling in Maldives?
- Over the last ten years it is up 33.3%. The long-run trend across the full record is volatile.
- Where does this Maldives data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports). Statizoid updates them automatically from the source API.
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About this data
Merchandise exports to low- and middle-income economies outside region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in other World Bank regions according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.