Remittance Inflows Statistics in Maldives (2026)
In 2024, personal remittances received in the Maldives stood at $5.7 million, according to World Bank World Development Indicators data. Up from $5.4 million in 2023 to $5.7 million in 2024. Maldives ranks #6 of 6 economies in South Asia on this measure, and #175 of 179 globally.
Key Statistics
- Latest value (2024)
- $5.7 million (2024)
- Remittance Inflows in the Maldives as of 2024, the most recent observation in World Bank World Development Indicators data.
- Change since 2023
- +5% (2024)
- Up from $5.4 million in 2023 to $5.7 million in 2024.
- CAGR 1990–2024
- +3.6% per year (2024)
- Compound annual growth rate from $1.7 million in 1990 to $5.7 million in 2024.
- Earliest value in this dataset (1990)
- $1.7 million (1990)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from $1.7 million in 1990 to $5.7 million in 2024.
- Peak value (2007)
- $7.9 million (2007)
- Highest value in the available series; the 2024 value is $5.7 million.
- Rank in South Asia
- #6 of 6 (2024)
- The Maldives ranks 6 of 6 countries in South Asia with data, based on each country's latest value.
- Global rank
- #175 of 179 (2024)
- The Maldives ranks 175 of 179 countries with data globally.
- South Asia average
- $30.5 billion (2024)
- The Maldives ($5.7 million) is below the average of $30.5 billion across the 6 countries in South Asia with data.
- Projected 2026 value
- $6.2 million (2026)
- Projection based on 7-year trend (CAGR 5%); not an official figure.
- Personal remittances, received (% of GDP) (2024)
- 0.1% (2024)
- Related indicator from World Bank World Development Indicators.
- International migrant stock (% of population) (2024)
- 14.2% (2024)
- Related indicator from World Bank World Development Indicators.
- Internet use in the Maldives (2024)
- 85.2% (2024)
- 85.2% of the population in the Maldives used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 527,799 (2024)
- The Maldives had a population of 527,799 in 2024 (World Bank); shown for scale only.
Trend, 1990–2024
| Year | current US$ | Change |
|---|---|---|
| 2024 | 5.7M | +5.0% |
| 2023 | 5.4M | +5.0% |
| 2022 | 5.1M | +5.0% |
| 2021 | 4.9M | +5.0% |
| 2020 | 4.7M | +5.0% |
| 2019 | 4.4M | +5.0% |
| 2018 | 4.2M | +5.0% |
| 2017 | 4M | +5.0% |
| 2016 | 3.8M | +5.0% |
| 2015 | 3.6M | +5.0% |
| 2014 | 3.5M | +5.0% |
| 2013 | 3.3M | +5.0% |
| 2012 | 3.1M | +5.0% |
| 2011 | 3M | −5.1% |
| 2010 | 3.2M | −30.0% |
| 2009 | 4.5M | −28.0% |
| 2008 | 6.3M | −21.0% |
| 2007 | 7.9M | +183.4% |
| 2006 | 2.8M | +24.0% |
| 2005 | 2.3M | −22.2% |
| 2004 | 2.9M | +44.1% |
| 2003 | 2M | +0.0% |
| 2002 | 2M | +10.4% |
| 2001 | 1.8M | −17.0% |
| 2000 | 2.2M | +0.0% |
| 1999 | 2.2M | −10.3% |
| 1998 | 2.5M | −0.1% |
| 1997 | 2.5M | −9.4% |
| 1996 | 2.7M | +14.5% |
| 1995 | 2.4M | +8.8% |
| 1994 | 2.2M | +67.2% |
| 1993 | 1.3M | −18.8% |
| 1992 | 1.6M | −11.1% |
| 1991 | 1.8M | +5.9% |
| 1990 | 1.7M | — |
Frequently asked questions
What is the latest figure for personal remittances received in the Maldives?
Personal remittances received in the Maldives stood at $5.7 million in 2024, according to World Bank World Development Indicators data.
How has remittance inflows in the Maldives changed over time?
World Bank World Development Indicators data show a rise from $1.7 million in 1990 to $5.7 million in 2024.
How does the Maldives compare with other countries in South Asia?
The Maldives ranks 6 of 6 countries in South Asia with data, with $5.7 million versus a regional average of $30.5 billion (latest values per country).
Source & methodology
Source: World Bank, World Development Indicators, indicator
BX.TRF.PWKR.CD.DT, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .