Latest: Colombia 15:00 Colombian Presidential Election Forecast: 0
Latest: Switzerland 12:00 SNB Gov Board Member Zurbrugg Speaks Forecast: 0
Latest: United Arab Emirates 16:05 GDP (YoY) Forecast: 0 % Actual: -6.1%
Latest: South Africa 16:00 SARB Monetary Policy Review Forecast: 0
Latest: United Kingdom 12:30 Annual Budget Release Forecast: 0

Maldives Current Account Value and percent from GDP

Maldives Current Account Data

Indicator Data Period
Current Account to GDP -16.6 % 2022
Current Account -1033 USD Million | -1.033 B USD 2022


Latest data on Current Account to GDP (%)

Current Account to GDP
                     Maldives - Historical Data (%)

What is ratio of Maldives Current Account to GDP?

  • The deficit of Current Account to GDP in Maldives decreased to 16.6 % in 2022. The maximum surplus was -3.2 % and deficit was -36.4 %
  • Data published Yearly by Monetary Authority.

Historical Data (%) by years

Data
Period
Date
-16.6 2022 23.06.2023
-9 2021 28.06.2022
-29.2 2020 07.02.2021
-26 2019 26.05.2020
-25 2018 04.04.2019
-21.7 2017 23.03.2018
-22.3 2016 18.11.2017
-9.5 2015 31.12.2015


Historical Chart by presidents (%)

Current Account to GDP in Maldives by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Abdulla Yameen 17.11.2013 - 17.11.2018 -4.6000 -21.7000 -3.8000 -22.3000 371.74%
Mohammed Hassan 07.02.2012 - 17.11.2013 -7.4000 -7.4000 -7.4000 -7.4000 0.00%
Mohamed Nasheed 11.11.2008 - 07.02.2012 -32.3000 -15.6000 -8.9000 -32.3000 -51.70%
Maumoon Gayoom 11.10.1978 - 11.11.2008 -6.8000 -14.8000 -4.0000 -36.4000 117.65%


Latest data on Current Account (USD Million)

Current Account
                     Maldives - Historical Data (USD Million)

What is Maldives Current Account Deficit?

  • The deficit of Current Account in Maldives decreased to 1033 USD Million (1.033 B USD) in 2022. The maximum value was -21.9 USD Million and minimum was -1513 USD Million.
  • Data published Yearly by Monetary Authority.

Historical Data (USD Million) by years

Data
Period
Date
-1033 2022 09.05.2023
-458 2021 01.08.2022
-1099 2020 07.02.2021
-1498 2019 26.05.2020
-1338 2018 24.09.2018
-1010 2017 22.03.2018
-840 2016 17.11.2017
-325.7 2015 31.12.2015


Historical Chart by presidents (USD Million)

Current Account in Maldives by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Abdulla Yameen 17.11.2013 - 17.11.2018 -127.4000 -1010.0000 -117.8000 -1010.0000 692.78%
Mohammed Hassan 07.02.2012 - 17.11.2013 -184.5000 -184.5000 -184.5000 -184.5000 0.00%
Mohamed Nasheed 11.11.2008 - 07.02.2012 -610.2000 -383.4000 -189.5000 -610.2000 -37.17%
Maumoon Gayoom 11.10.1978 - 11.11.2008 -34.7000 -227.5000 -21.9000 -302.0000 555.62%

Other trade indicators in Maldives

Index Updated Actual Previous
Balance of Trade Jul/23 -0.283 B USD -0.229
Capital Flows 2022 -1.108 B USD -0.463
Exports Jul/23 0.024 B USD 0.028
Foreign Exchange Reserves Jul/23 0.038 B USD 0.045
Imports Jul/23 0.308 B USD 0.257
Tourist Arrivals Aug/23 0.155 Million Persons 0.146

Current Account to GDP in other countries

Country Updated Actual Previous
Bangladesh 2022 -4.1 % -1.1
Jordan 2022 -6.7 % -8.8
Kyrgyzstan 2022 -26.8 % -8.5
Mongolia 2022 -15.8 % -12.8
Nepal 2022 -12.8 % -7.8
Palestine 2022 -15 % -9.8
Tajikistan 2022 6.2 % 8.2
Cambodia 2022 -26.9 % -47.9
China 2022 2.2 % 1.8
Georgia 2022 -3.1 % -10.4
India 2022 -2.6 % -1.2
Israel 2022 2.5 % 4.7
Pakistan 2023 -0.7 % -4.7
South Korea 2022 3.2 % 4.9
Taiwan 2022 14.8 % 14.8
Vietnam 2022 -0.9 % -2.1
Maldives 2022 -16.6 % -8.4
Armenia 2022 0.1 % -3.7
Hong Kong 2022 10.7 % 11.8
Indonesia 2022 1 % 0.3
Japan 2022 1.9 % 3.9
Kazakhstan 2022 3 % -2.9
Lebanon 2021 -12.9 % -9.4
Macau 2022 -2.4 % 13.8
Malaysia 2022 2.6 % 3.8
Philippines 2022 -4.4 % -1.5
Qatar 2022 26 % 14.7
Singapore 2022 19.3 % 18
Sri Lanka 2022 -1.9 % -3.8
Thailand 2022 -0.5 % -2.2
Oman 2022 3.2 % -4.9
Iran 2022 4.7 % 3.9
Laos 2022 -0.07 % 2.35
Azerbaijan 2022 30.5 % 15.2
Kuwait 2022 28.5 % 23.7
Saudi Arabia 2022 13.8 % 5.1
Bahrain 2022 15.4 % 6.6
United Arab Emirates 2022 11.7 % 11.6
Yemen 2018 -0.01 % -0.1
Turkmenistan 2022 5.7 % 6.5
Uzbekistan 2022 1.4 % -7
Iraq 2022 16.3 % 7.8
Syria 2010 -0.62 % -2.15
Afghanistan 2020 -17.3 % -2.7
Bhutan 2022 -33.8 % -12.4
Brunei 2022 11.2 % 4.6
Mauritius 2021 -13.8 % -11.7