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Maldives: Imports of goods and services (% of GDP)

In , Maldives's Imports of goods and services (% of GDP) was 78.26.

That's up 3.9% from 2023, the highest value since .

The global average for this indicator in 2024 was 47.94 . Maldives ranks #19 globally out of 160 reporting countries. Within South Asia, it ranks #1 of 5.

Source: World Bank Open Data (NE.IMP.GNFS.ZS) • Data as of 2024

Trend (2014–2024)

Maldives Imports of goods and services (% of GDP) trend 2020: COVID-19 pandemic 2014: Oil price collapse 2022: Russia–Ukraine war begins
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse
  • 2022 · Russia–Ukraine war begins

Highlights

Peak
79.57
Trough
66.12
1-year change
+3.9%
5-year change
+9.3%
+1.8% / yr
10-year change
+4.8%
+0.5% / yr

Historical Data — Last 10 Years

Year Imports of goods and services (% of GDP)
78.2597
75.3062
79.5726
66.5083
66.1207
71.6118
76.0428
72.8527
72.7666
67.2927

About Imports of goods and services (% of GDP)

Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

Indicator code: NE.IMP.GNFS.ZSCategory: Economy

Frequently asked questions

What was Maldives's Imports of goods and services (% of GDP) in 2024?
In 2024, Maldives's Imports of goods and services (% of GDP) was 78.26, according to World Bank Open Data.
Is Maldives's Imports of goods and services (% of GDP) rising or falling?
Maldives's Imports of goods and services (% of GDP) rose 3.9% from 2023 to 2024.
How does Maldives rank globally on Imports of goods and services (% of GDP)?
In 2024, Maldives ranked #19 out of 160 countries reporting Imports of goods and services (% of GDP).
How does Maldives's Imports of goods and services (% of GDP) compare to the world average?
The global average for Imports of goods and services (% of GDP) in 2024 was 47.94, so Maldives is above the world average. Within South Asia, it ranks #1 of 5.
What is Imports of goods and services (% of GDP) and how is it measured?
Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
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Source: World Bank Open Data (NE.IMP.GNFS.ZS), CC BY 4.0.