Current Account in Maldives increased to -1099 USD Million in 2020 from -1513.30 USD Million in 2019. source: Maldives Monetary Authority

Current Account in Maldives averaged -398 USD Million from 1997 until 2020, reaching an all time high of -21.90 USD Million in 1998 and a record low of -1513.30 USD Million in 2019. This page provides - Maldives Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Maldives Current Account - values, historical data and charts - was last updated on July of 2021.

Current Account in Maldives is expected to reach -1390.00 USD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Maldives Current Account is projected to trend around -1310.30 USD Million in 2022 and -1100.00 USD Million in 2023, according to our econometric models.

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Maldives Current Account

Actual Previous Highest Lowest Dates Unit Frequency
-1099.00 -1513.30 -21.90 -1513.30 1997 - 2020 USD Million Yearly

Maldives Trade Last Previous Highest Lowest Unit
Balance of Trade -167.60 -170.20 -43.30 -258.60 USD Million [+]
Current Account -1099.00 -1513.30 -21.90 -1513.30 USD Million [+]
Current Account to GDP -29.20 -26.90 -3.20 -36.40 percent of GDP [+]
Imports 197.20 190.20 284.40 57.30 USD Million [+]
Exports 29.60 20.00 74.30 8.00 USD Million [+]
Tourist Arrivals 65000.00 91000.00 173347.00 0.00 [+]
Remittances 213.90 595.40 595.40 213.90 USD Million [+]
Capital Flows -1427.60 -1940.80 -59.50 -1940.80 USD Million [+]
External Debt 1976.10 1535.50 1976.10 696.40 USD Million [+]
Foreign Direct Investment -519.00 -961.10 -228.00 -961.10 USD Million [+]


Maldives Current Account
Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).