Remittances in Maldives

Maldives: Remittances was 0.08 in 2024. ◆ Volatile

Latest (2024)
0.08
Change on year
down 1.6%
World rank
178th
of 194 countries
All-time high
4.32
in 1983
All-time low
0.0773
in 2019
Years of data
42
1983–2024

Remittances in Maldives, 1983–2024

012341983200320241983: 4.31984: 2.31985: 1.41986: 0.7051987: 0.7081988: 0.7121989: 0.7391990: 0.7911991: 0.7371992: 0.5621993: 0.4031994: 0.6111995: 0.5931996: 0.6011997: 0.4821998: 0.4541999: 0.3732000: 0.3522001: 0.212002: 0.2242003: 0.1912004: 0.2362005: 0.1942006: 0.1782007: 0.4252008: 0.2762009: 0.1922010: 0.1222011: 0.1082012: 0.1092013: 0.12014: 0.0942015: 0.0882016: 0.0872017: 0.0832018: 0.0782019: 0.0772020: 0.1252021: 0.0932022: 0.0832023: 0.0812024: 0.08

Source: Our World in Data.

Analysis

The most recent figure for remittances in Maldives is 0.08, measured in 2024.

The figure is down 1.6% on the previous year and down 14.7% over ten years.

Over the whole period, remittances in Maldives peaked at 4.32 in 1983 and was at its lowest, 0.0773, in 2019.

That places Maldives 178th out of 194 countries with data for 2024, putting it in the bottom quarter.

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

Remittances in Maldives, year by year

Annual values for Remittances in Maldives, 1983 to 2024.
Year Value Change
1983 4.32 —
1984 2.28 -47.2%
1985 1.38 -39.7%
1986 0.7048 -48.8%
1987 0.7081 +0.5%
1988 0.7121 +0.6%
1989 0.7387 +3.7%
1990 0.7905 +7.0%
1991 0.7365 -6.8%
1992 0.5616 -23.7%
1993 0.4032 -28.2%
1994 0.6105 +51.4%
1995 0.5929 -2.9%
1996 0.6012 +1.4%
1997 0.4825 -19.7%
1998 0.4536 -6.0%
1999 0.3728 -17.8%
2000 0.3519 -5.6%
2001 0.2095 -40.4%
2002 0.2243 +7.0%
2003 0.1913 -14.7%
2004 0.2364 +23.6%
2005 0.194 -17.9%
2006 0.1778 -8.4%
2007 0.4247 +138.9%
2008 0.2758 -35.0%
2009 0.1923 -30.3%
2010 0.1221 -36.5%
2011 0.108 -11.5%
2012 0.1091 +0.9%
2013 0.1003 -8.0%
2014 0.0939 -6.4%
2015 0.0882 -6.0%
2016 0.0868 -1.7%
2017 0.0834 -3.9%
2018 0.078 -6.4%
2019 0.0773 -0.9%
2020 0.1253 +61.9%
2021 0.093 -25.8%
2022 0.083 -10.7%
2023 0.0813 -2.0%
2024 0.08 -1.6%

Maldives compared with similar countries

  • Maldives's 0.08 is below the median for upper middle income countries, which is 3.62, 2% of the median. (56 countries reporting)
  • Maldives's 0.08 is below the median for South Asia, which is 5.28, 2% of the median. (6 countries reporting)

Biggest year-on-year movements

Years where Remittances 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
2007 +138.9% 0.1778 0.4247

Averages by decade

DecadeAverage LowestHighest Years
1980s 1.55 0.7048 4.32 7
1990s 0.5606 0.3728 0.7905 10
2000s 0.2478 0.1778 0.4247 10
2010s 0.0947 0.0773 0.1221 10
2020s 0.0925 0.08 0.1253 5

Countries ranked near Maldives

  1. 175 Australia 0.1114 compare
  2. 176 Ireland 0.1078 compare
  3. 177 Japan 0.1066 compare
  4. 179 Kazakhstan 0.0773 compare
  5. 180 Turkey 0.0723 compare
  6. 181 Equatorial Guinea 0.0706 compare

See the full ranking of 194 places →

More reference data data for Maldives

All data for Maldives →

Frequently asked questions

What is remittances in Maldives?
Remittances in Maldives was 0.08 in 2024, according to Our World in Data.
What is the highest remittances recorded in Maldives?
The highest recorded value was 4.32 in 1983.
What is the lowest remittances recorded in Maldives?
The lowest recorded value was 0.0773 in 2019.
How does Maldives rank for remittances?
Maldives ranks 178th out of 194 countries with data for 2024.
Is remittances rising or falling in Maldives?
Over the last ten years it is down 14.7%. The long-run trend across the full record is volatile.
Where does this Maldives data come from?
The figures come from Our World in Data, published as part of Remittances. Statizoid updates them automatically from the source API.

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Remittances in Maldives. Statizoid, drawing on Our World in Data. Retrieved 14 November 2026, from https://reference.statizoid.com/stat/remittances/maldives/

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About this data

Indicator
Remittances
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
194 places, 7,088 data points, 1970–2025
Last refreshed