Maldives recorded a Current Account deficit of 18.70 percent of the country's Gross Domestic Product in 2024. Current Account to GDP in Maldives averaged -15.80 percent of GDP from 1997 until 2024, reaching an all time high of -3.20 percent of GDP in 2014 and a record low of -36.40 percent of GDP in 2005. source: Maldives Monetary Authority

Current Account to GDP in Maldives is expected to reach -12.00 percent of GDP by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the Maldives Current Account to GDP is projected to trend around -8.00 percent of GDP in 2027 and -6.00 percent of GDP in 2028, according to our econometric models.



Related Last Previous Unit Reference
Balance of Trade -316.50 -269.50 USD Million Mar 2026
Capital Flows -954.40 -1209.60 USD Million Dec 2025
Current Account -476.20 -1253.70 USD Million Dec 2025
Current Account to GDP -18.70 -21.30 percent of GDP Dec 2024
Exports 56.20 43.50 USD Million Mar 2026
External Debt 4440.70 4396.60 USD Million Dec 2025
Foreign Direct Investment -857.10 -806.20 USD Million Dec 2025
Imports 372.70 313.00 USD Million Mar 2026
Remittances 660.80 621.60 USD Million Dec 2025
Tourist Arrivals 148600.00 161259.00 Apr 2026


Maldives Current Account to GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.
Actual Previous Highest Lowest Dates Unit Frequency
-18.70 -21.30 -3.20 -36.40 1997 - 2024 percent of GDP Yearly