Remittances, annual growth rate in Maldives

Maldives: Remittances, annual growth rate was -1.55 % change on previous year in 2024. ◆ Volatile

Latest (2024)
-1.55 % change on previous year
Change on year
up 23.9%
World rank
98th
of 189 countries
All-time high
138.9 % change on previous year
in 2007
All-time low
-48.77 % change on previous year
in 1986
Years of data
41
1984–2024

Remittances, annual growth rate in Maldives, 1984–2024

-500501001501984200420241984: -47.2 % change on previous year1985: -39.7 % change on previous year1986: -48.8 % change on previous year1987: 0.467 % change on previous year1988: 0.566 % change on previous year1989: 3.7 % change on previous year1990: 7 % change on previous year1991: -6.8 % change on previous year1992: -23.7 % change on previous year1993: -28.2 % change on previous year1994: 51.4 % change on previous year1995: -2.9 % change on previous year1996: 1.4 % change on previous year1997: -19.7 % change on previous year1998: -6 % change on previous year1999: -17.8 % change on previous year2000: -5.6 % change on previous year2001: -40.4 % change on previous year2002: 7 % change on previous year2003: -14.7 % change on previous year2004: 23.6 % change on previous year2005: -17.9 % change on previous year2006: -8.4 % change on previous year2007: 138.9 % change on previous year2008: -35 % change on previous year2009: -30.3 % change on previous year2010: -36.5 % change on previous year2011: -11.5 % change on previous year2012: 0.932 % change on previous year2013: -8 % change on previous year2014: -6.4 % change on previous year2015: -6 % change on previous year2016: -1.7 % change on previous year2017: -3.9 % change on previous year2018: -6.4 % change on previous year2019: -0.9 % change on previous year2020: 61.9 % change on previous year2021: -25.8 % change on previous year2022: -10.7 % change on previous year2023: -2 % change on previous year2024: -1.6 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Maldives recorded -1.55 % change on previous year for remittances, annual growth rate in 2024.

Compared with earlier readings it is up 23.9% on the previous year and up 75.9% over ten years.

Over the whole period, remittances, annual growth rate in Maldives peaked at 138.9 % change on previous year in 2007 and was at its lowest, -48.77 % change on previous year, in 1986.

Maldives ranks 98th of 189 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Remittances, annual growth rate in Maldives, year by year

Annual values for Remittances, annual growth rate in Maldives, 1984 to 2024.
Year % change on previous year Change
1984 -47.19 % change on previous year —
1985 -39.73 % change on previous year -15.8%
1986 -48.77 % change on previous year +22.8%
1987 0.4668 % change on previous year -101.0%
1988 0.5656 % change on previous year +21.2%
1989 3.74 % change on previous year +561.1%
1990 7.01 % change on previous year +87.6%
1991 -6.83 % change on previous year -197.5%
1992 -23.74 % change on previous year +247.4%
1993 -28.21 % change on previous year +18.8%
1994 51.42 % change on previous year -282.3%
1995 -2.88 % change on previous year -105.6%
1996 1.39 % change on previous year -148.4%
1997 -19.75 % change on previous year -1516.0%
1998 -5.98 % change on previous year -69.7%
1999 -17.81 % change on previous year +197.8%
2000 -5.62 % change on previous year -68.4%
2001 -40.45 % change on previous year +619.5%
2002 7.05 % change on previous year -117.4%
2003 -14.74 % change on previous year -309.1%
2004 23.6 % change on previous year -260.1%
2005 -17.92 % change on previous year -175.9%
2006 -8.39 % change on previous year -53.2%
2007 138.9 % change on previous year -1756.1%
2008 -35.05 % change on previous year -125.2%
2009 -30.27 % change on previous year -13.6%
2010 -36.53 % change on previous year +20.7%
2011 -11.48 % change on previous year -68.6%
2012 0.932 % change on previous year -108.1%
2013 -8.03 % change on previous year -961.4%
2014 -6.43 % change on previous year -20.0%
2015 -5.99 % change on previous year -6.8%
2016 -1.68 % change on previous year -72.0%
2017 -3.86 % change on previous year +130.2%
2018 -6.42 % change on previous year +66.3%
2019 -0.9 % change on previous year -86.0%
2020 61.95 % change on previous year -6982.9%
2021 -25.78 % change on previous year -141.6%
2022 -10.72 % change on previous year -58.4%
2023 -2.04 % change on previous year -81.0%
2024 -1.55 % change on previous year -23.9%

Maldives compared with similar countries

  • Maldives's -1.55 % change on previous year is above the median for upper middle income countries, which is -3.05 % change on previous year, 51% of the median. (54 countries reporting)
  • Maldives's -1.55 % change on previous year is below the median for South Asia, which is -1.22 % change on previous year, 1.3× the median. (6 countries reporting)

Biggest year-on-year movements

Years where Remittances, annual growth rate 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.

YearChange FromTo
2020 +6982.9% -0.9 % change on previous year 61.95 % change on previous year
2007 +1756.1% -8.39 % change on previous year 138.9 % change on previous year
1997 -1516.0% 1.39 % change on previous year -19.75 % change on previous year
2013 -961.4% 0.932 % change on previous year -8.03 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1980s -21.82 % change on previous year -48.77 % change on previous year 3.74 % change on previous year 6
1990s -4.54 % change on previous year -28.21 % change on previous year 51.42 % change on previous year 10
2000s 1.71 % change on previous year -40.45 % change on previous year 138.9 % change on previous year 10
2010s -8.04 % change on previous year -36.53 % change on previous year 0.932 % change on previous year 10
2020s 4.37 % change on previous year -25.78 % change on previous year 61.95 % change on previous year 5

Countries ranked near Maldives

  1. 95 United States -1.15 % change on previous year compare
  2. 96 Italy -1.25 % change on previous year compare
  3. 97 Slovakia -1.34 % change on previous year compare
  4. 99 Iceland -1.59 % change on previous year compare
  5. 100 Liberia -1.7 % change on previous year compare
  6. 101 Greece -1.77 % change on previous year compare

See the full ranking of 189 places →

More reference data data for Maldives

All data for Maldives →

Frequently asked questions

What is remittances, annual growth rate in Maldives?
Remittances, annual growth rate in Maldives was -1.55 % change on previous year in 2024, according to Statizoid (derived).
What is the highest remittances, annual growth rate recorded in Maldives?
The highest recorded value was 138.9 % change on previous year in 2007.
What is the lowest remittances, annual growth rate recorded in Maldives?
The lowest recorded value was -48.77 % change on previous year in 1986.
How does Maldives rank for remittances, annual growth rate?
Maldives ranks 98th out of 189 countries with data for 2024.
Is remittances, annual growth rate rising or falling in Maldives?
Over the last ten years it is up 75.9%. The long-run trend across the full record is volatile.
Where does this Maldives data come from?
The figures come from Statizoid (derived), published as part of Remittances, annual growth rate. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 41 observations, free to reuse under Derived by Statizoid from the sources named on the page.

Share, cite or embed this page

Cite this page

Remittances, annual growth rate in Maldives. Statizoid, drawing on Statizoid (derived). Retrieved 14 November 2026, from https://reference.statizoid.com/stat/remittances-annual-growth-rate/maldives/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under Derived by Statizoid from the sources named on the page; please keep the attribution.

<a href="https://reference.statizoid.com/stat/remittances-annual-growth-rate/maldives/">Remittances, annual growth rate in Maldives</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Remittances. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Remittances, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
189 places, 6,804 data points, 1971–2025
Last refreshed

The year-on-year percentage change in Remittances. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.