Maldives: Trade (% of GDP)
In , Maldives's Trade (% of GDP) was 156.47.
That's up 4.8% from 2023, the highest value since .
The global average for this indicator in 2024 was 92.19 . Maldives ranks #15 globally out of 160 reporting countries. Within South Asia, it ranks #1 of 5.
Source: World Bank Open Data (NE.TRD.GNFS.ZS) • Data as of 2024
Trend (2014–2024)
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- 165.98
- Trough
- 114.36
- 1-year change
- +4.8%
- 5-year change
- +14.1%
- +2.7% / yr
- 10-year change
- -5.7%
- -0.6% / yr
Historical Data — Last 10 Years
| Year | Trade (% of GDP) |
|---|---|
| 156.4740 | |
| 149.3500 | |
| 162.2434 | |
| 142.6073 | |
| 114.3619 | |
| 137.1252 | |
| 142.4911 | |
| 141.9121 | |
| 144.3802 | |
| 143.7205 |
About Trade (% of GDP)
Trade is the sum of exports and imports of goods and services. 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.TRD.GNFS.ZS • Category: Economy
Frequently asked questions
- What was Maldives's Trade (% of GDP) in 2024?
- In 2024, Maldives's Trade (% of GDP) was 156.47, according to World Bank Open Data.
- Is Maldives's Trade (% of GDP) rising or falling?
- Maldives's Trade (% of GDP) rose 4.8% from 2023 to 2024.
- How does Maldives rank globally on Trade (% of GDP)?
- In 2024, Maldives ranked #15 out of 160 countries reporting Trade (% of GDP).
- How does Maldives's Trade (% of GDP) compare to the world average?
- The global average for Trade (% of GDP) in 2024 was 92.19, so Maldives is above the world average. Within South Asia, it ranks #1 of 5.
- What is Trade (% of GDP) and how is it measured?
- Trade is the sum of exports and imports of goods and services. 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.
Source: World Bank Open Data (NE.TRD.GNFS.ZS), CC BY 4.0.