Services, Credit/Revenue in Maldives
Maldives: Services, Credit/Revenue was 5.03 billion in 2024. ▲ Rising
Services, Credit/Revenue in Maldives, 2005–2024
Source: International Monetary Fund.
Analysis
Maldives recorded 5.03 billion for services, credit/revenue in 2024. That is the highest value across all 20 years on record.
That represents a change of up 12.8% on the previous year and up 67.8% over ten years.
Over the whole period, services, credit/revenue in Maldives peaked at 5.03 billion in 2024 and was at its lowest, 322.88 million, in 2005.
That places Maldives 95th out of 198 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Services, Credit/Revenue in Maldives, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 322.88 million | — |
| 2006 | 551.87 million | +70.9% |
| 2007 | 1.58 billion | +185.7% |
| 2008 | 1.64 billion | +3.9% |
| 2009 | 1.54 billion | -5.8% |
| 2010 | 1.81 billion | +17.3% |
| 2011 | 2.10 billion | +15.9% |
| 2012 | 2.17 billion | +3.5% |
| 2013 | 2.58 billion | +18.7% |
| 2014 | 3.00 billion | +16.4% |
| 2015 | 2.91 billion | -3.1% |
| 2016 | 2.89 billion | -0.5% |
| 2017 | 3.00 billion | +3.8% |
| 2018 | 3.25 billion | +8.1% |
| 2019 | 3.38 billion | +4.2% |
| 2020 | 1.53 billion | -54.8% |
| 2021 | 3.70 billion | +142.0% |
| 2022 | 4.70 billion | +26.9% |
| 2023 | 4.46 billion | -5.1% |
| 2024 | 5.03 billion | +12.8% |
Maldives compared with similar countries
- Maldives's 5.03 billion is below the median for upper middle income countries, which is 5.14 billion, 98% of the median. (54 countries reporting)
- Maldives's 5.03 billion is below the median for South Asia, which is 5.97 billion, 84% of the median. (6 countries reporting)
Biggest year-on-year movements
Years where Services, Credit/Revenue 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 |
|---|---|---|---|
| 2007 | +185.7% | 551.87 million | 1.58 billion |
| 2021 | +142.0% | 1.53 billion | 3.70 billion |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.13 billion | 322.88 million | 1.64 billion | 5 |
| 2010s | 2.71 billion | 1.81 billion | 3.38 billion | 10 |
| 2020s | 3.88 billion | 1.53 billion | 5.03 billion | 5 |
Countries ranked near Maldives
More financial sector data for Maldives
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0008 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 12.42 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0006 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 9.07 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0008 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 12.42 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is services, credit/revenue in Maldives?
- Services, credit/revenue in Maldives was 5.03 billion in 2024, according to International Monetary Fund.
- What is the highest services, credit/revenue recorded in Maldives?
- The highest recorded value was 5.03 billion in 2024.
- What is the lowest services, credit/revenue recorded in Maldives?
- The lowest recorded value was 322.88 million in 2005.
- How does Maldives rank for services, credit/revenue?
- Maldives ranks 95th out of 198 countries with data for 2024.
- Is services, credit/revenue rising or falling in Maldives?
- Over the last ten years it is up 67.8%. The long-run trend across the full record is rising.
- Where does this Maldives data come from?
- The figures come from International Monetary Fund, published as part of Services, Credit/Revenue (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.