Maldives recorded a Current Account deficit of 1498.40 USD Million in 2019.

Current Account in Maldives averaged -366.88 USD Million from 1997 until 2019, reaching an all time high of -21.90 USD Million in 1998 and a record low of -1502.50 USD Million in 2018. 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 October of 2020.

Current Account in Maldives is expected to reach -1110.30 USD Million by the end of 2020, 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 2021, according to our econometric models.

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Maldives Current Account

Actual Previous Highest Lowest Dates Unit Frequency
-1498.40 -1502.50 -21.90 -1502.50 1997 - 2019 USD Million Yearly

Maldives Trade Last Previous Highest Lowest Unit
Balance of Trade -120.30 -88.20 -43.30 -258.60 USD Million [+]
Current Account -1498.40 -1502.50 -21.90 -1502.50 USD Million [+]
Current Account to GDP -26.00 -28.30 -3.20 -36.40 percent [+]
Imports 1386.00 122.90 1386.00 57.30 USD Million [+]
Exports 43.50 11.10 74.30 8.00 USD Million [+]
Tourist Arrivals 8.00 0.00 173347.00 0.00 [+]
Remittances 593.50 531.70 593.50 259.30 USD Million [+]
Capital Flows -1217.60 -1835.10 -59.50 -1835.10 USD Million [+]
External Debt 1535.30 1401.90 1535.30 696.50 USD Million [+]
Foreign Direct Investment -891.10 -575.80 -228.00 -891.10 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).