Maldives recorded a Current Account deficit of 20.40 percent of the country's Gross Domestic Product in 2024. Current Account to GDP in Maldives averaged -15.86 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 -11.50 percent of GDP by the end of 2025, 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 -10.40 percent of GDP in 2026 and -9.10 percent of GDP in 2027, according to our econometric models.



Related Last Previous Unit Reference
Balance of Trade -257.90 -230.30 USD Million Jul 2025
Capital Flows -1203.10 -1006.50 USD Million Dec 2024
Current Account -1441.20 -1398.70 USD Million Dec 2024
Current Account to GDP -20.40 -21.30 percent of GDP Dec 2024
Exports 32.60 25.40 USD Million Jul 2025
External Debt 4397.20 3810.70 USD Million Dec 2024
Foreign Direct Investment -806.20 -766.80 USD Million Dec 2024
Imports 290.50 255.70 USD Million Jul 2025
Remittances 621.60 591.30 USD Million Dec 2024
Tourist Arrivals 186738.00 141772.00 Jul 2025



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
-20.40 -21.30 -3.20 -36.40 1997 - 2024 percent of GDP Yearly