Merchandise exports to low- and middle-income economies within region in Maldives
Maldives: Merchandise exports to low- and middle-income economies within region was 6.1% in 2023. ▼ Falling
Merchandise exports to low- and middle-income economies within region in Maldives, 1981–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
The most recent figure for merchandise exports to low- and middle-income economies within region in Maldives is 6.1%, measured in 2023.
The figure is down 16.8% on the previous year and down 15.6% over ten years.
Over the whole period, merchandise exports to low- and middle-income economies within region in Maldives peaked at 30.6% in 1993 and was at its lowest, 5.6%, in 2017.
That places Maldives 141st out of 203 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently falling across the 43 years of available data.
Merchandise exports to low- and middle-income economies within region in Maldives, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1981 | 22.8% | — |
| 1982 | 13.6% | -40.5% |
| 1983 | 15.9% | +17.0% |
| 1984 | 22.1% | +39.0% |
| 1985 | 19.9% | -9.9% |
| 1986 | 19.2% | -3.2% |
| 1987 | 16.6% | -13.8% |
| 1988 | 10.1% | -39.3% |
| 1989 | 13.2% | +31.4% |
| 1990 | 14.0% | +5.9% |
| 1991 | 19.2% | +37.2% |
| 1992 | 25.9% | +34.7% |
| 1993 | 30.6% | +18.1% |
| 1994 | 24.9% | -18.5% |
| 1995 | 22.7% | -9.0% |
| 1996 | 18.5% | -18.3% |
| 1997 | 16.1% | -13.2% |
| 1998 | 17.3% | +7.9% |
| 1999 | 19.6% | +12.8% |
| 2000 | 18.1% | -7.3% |
| 2001 | 22.2% | +22.6% |
| 2002 | 15.5% | -30.3% |
| 2003 | 13.9% | -10.1% |
| 2004 | 12.7% | -8.9% |
| 2005 | 17.4% | +37.0% |
| 2006 | 13.8% | -20.8% |
| 2007 | 16.8% | +21.8% |
| 2008 | 11.1% | -34.0% |
| 2009 | 19.4% | +74.9% |
| 2010 | 23.0% | +18.6% |
| 2011 | 12.8% | -44.1% |
| 2012 | 9.0% | -30.1% |
| 2013 | 7.2% | -19.6% |
| 2014 | 8.0% | +11.5% |
| 2015 | 14.2% | +76.2% |
| 2016 | 11.5% | -18.7% |
| 2017 | 5.6% | -51.8% |
| 2018 | 6.1% | +10.6% |
| 2019 | 7.1% | +15.1% |
| 2020 | 6.4% | -9.7% |
| 2021 | 7.3% | +14.0% |
| 2022 | 7.3% | +0.7% |
| 2023 | 6.1% | -16.8% |
Maldives compared with similar countries
- Maldives's 6.1% is below the median for upper middle income countries, which is 15.5%, 39% of the median. (59 countries reporting)
- Maldives's 6.1% is below the median for South Asia, which is 8.2%, 74% of the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 17.0% | 10.1% | 22.8% | 9 |
| 1990s | 20.9% | 14.0% | 30.6% | 10 |
| 2000s | 16.1% | 11.1% | 22.2% | 10 |
| 2010s | 10.4% | 5.6% | 23.0% | 10 |
| 2020s | 6.8% | 6.1% | 7.3% | 4 |
Countries ranked near Maldives
- 138 Central African Republic 6.4% compare
- 139 San Marino 6.1% compare
- 140 Macao 6.1% compare
- 142 Saudi Arabia 5.8% compare
- 143 Madagascar 5.7% compare
- 144 India 5.7% 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 merchandise exports to low- and middle-income economies within region in Maldives?
- Merchandise exports to low- and middle-income economies within region in Maldives was 6.1% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports to low- and middle-income economies within region recorded in Maldives?
- The highest recorded value was 30.6% in 1993.
- What is the lowest merchandise exports to low- and middle-income economies within region recorded in Maldives?
- The lowest recorded value was 5.6% in 2017.
- How does Maldives rank for merchandise exports to low- and middle-income economies within region?
- Maldives ranks 141st out of 203 countries with data for 2023.
- Is merchandise exports to low- and middle-income economies within region rising or falling in Maldives?
- Over the last ten years it is down 15.6%. The long-run trend across the full record is falling.
- 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 within 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 within region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in the same World Bank region 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. No figures are shown for high-income economies, because they are a separate category in the World Bank classification of economies.