Travel services in Maldives
Maldives: Travel services was 27.1% in 2024. ▲ Rising
Travel services in Maldives, 1979–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of commercial service imports.
Analysis
Maldives recorded 27.1% for travel services in 2024.
The figure is up 8.7% on the previous year and up 2.9% over ten years.
Over the whole period, travel services in Maldives peaked at 52.4% in 1993 and was at its lowest, 1.2%, in 1980.
Maldives ranks 58th of 198 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 46 years of available data.
Travel services in Maldives, year by year
| Year | % of commercial service imports | Change |
|---|---|---|
| 1979 | 1.6% | — |
| 1980 | 1.2% | -24.0% |
| 1981 | 5.2% | +320.8% |
| 1982 | 5.7% | +9.7% |
| 1983 | 8.9% | +56.2% |
| 1984 | 12.0% | +34.7% |
| 1985 | 22.4% | +85.6% |
| 1986 | 24.7% | +10.4% |
| 1987 | 24.3% | -1.7% |
| 1988 | 27.7% | +14.3% |
| 1989 | 35.6% | +28.2% |
| 1990 | 40.5% | +13.8% |
| 1991 | 46.2% | +14.2% |
| 1992 | 44.2% | -4.2% |
| 1993 | 52.4% | +18.4% |
| 1994 | 45.1% | -13.8% |
| 1995 | 41.6% | -7.7% |
| 1996 | 44.1% | +5.9% |
| 1997 | 42.5% | -3.5% |
| 1998 | 43.2% | +1.5% |
| 1999 | 42.2% | -2.2% |
| 2000 | 42.8% | +1.3% |
| 2001 | 41.6% | -2.9% |
| 2002 | 41.7% | +0.3% |
| 2003 | 38.9% | -6.6% |
| 2004 | 35.8% | -8.1% |
| 2005 | 33.3% | -7.0% |
| 2006 | 34.6% | +4.0% |
| 2007 | 37.4% | +8.1% |
| 2008 | 39.8% | +6.3% |
| 2009 | 44.3% | +11.3% |
| 2010 | 45.9% | +3.8% |
| 2011 | 31.9% | -30.6% |
| 2012 | 29.0% | -9.1% |
| 2013 | 29.5% | +1.9% |
| 2014 | 26.3% | -10.8% |
| 2015 | 29.2% | +10.8% |
| 2016 | 26.0% | -10.9% |
| 2017 | 24.4% | -6.3% |
| 2018 | 25.4% | +4.4% |
| 2019 | 26.3% | +3.5% |
| 2020 | 15.3% | -41.7% |
| 2021 | 14.2% | -7.3% |
| 2022 | 19.2% | +34.6% |
| 2023 | 24.9% | +30.2% |
| 2024 | 27.1% | +8.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.6% | 1.6% | 1.6% | 1 |
| 1980s | 16.8% | 1.2% | 35.6% | 10 |
| 1990s | 44.2% | 40.5% | 52.4% | 10 |
| 2000s | 39.0% | 33.3% | 44.3% | 10 |
| 2010s | 29.4% | 24.4% | 45.9% | 10 |
| 2020s | 20.2% | 14.2% | 27.1% | 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 travel services in Maldives?
- Travel services in Maldives was 27.1% in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest travel services recorded in Maldives?
- The highest recorded value was 52.4% in 1993.
- What is the lowest travel services recorded in Maldives?
- The lowest recorded value was 1.2% in 1980.
- How does Maldives rank for travel services?
- Maldives ranks 58th out of 198 countries with data for 2024.
- Is travel services rising or falling in Maldives?
- Over the last ten years it is up 2.9%. The long-run trend across the full record is rising.
- 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 Travel services (% of commercial service imports). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 46 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Travel services cover goods and services for own use or to give away acquired from an economy by nonresidents during visits to that economy, or acquired from other economies by residents during visits to these other economies. This indicator is expressed as a percentage of service imports which are commercial services provided by non-residents to residents.