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Maldives Services Employment

Employment in services  SL.SRV.EMPL.ZS

Maldives's services employment was 71.77% in 2025, ranked 130th globally. This represents a 0.5% increase from 2024. Data from World Bank, covering 1991–2025.

71.77% +0.33% (+0.5%)
Year 2025 Rank #130 Global Peak 72.01% (2016) Source World Bank

Maldives Services Employment (1991–2025)

Overview

Maldives's services employment stood at 71.77% in 2025, a rise of +0.33% from 2024. Based on recent trends, this figure is projected to reach 72.15% by 2026. Maldives ranked 130th globally.

Maldives’ services sector now accounts for 71.77 % of total employment, placing the country 130th globally in 2025 and marking a 35‑year rise from the all‑time trough of 45.53 % in 1991. The upward trajectory accelerated after the mid‑2000s, culminating in a peak of 72.01 % in 2016, after which the share has hovered just below that high. This level is comparable to peers such as Argentina at 71.81 % and Korea at 71.51 %, suggesting that Maldives has joined a cohort of economies where services dominate labour markets. The sustained expansion reflects the archipelago’s shift toward tourism, finance and related services, while the modest dip from the 2016 peak may signal saturation in traditional tourism‑driven jobs. Continued diversification into digital and offshore services could lift the services‑employment share further, whereas a slowdown in tourism or external shocks would likely temper the upward trend.

Data & projection

Year Services Employment YoY change Rank
2028* trend 72.88% - -
2027* trend 72.52% - -
2026* trend 72.15% - -
2025 71.77% +0.33% #130
2024 71.44% +0.41% #130
2023 71.03% +0.37% #130
2022 70.66% +0.35% #132
2021 70.31% +0.22% #134
2020 70.09% +0.05% #132
2019 70.03% −0.76% #130
2018 70.80% −0.68% #138
2017 71.48% −0.53% #144
2016 72.01% +0.24% #145
2015 71.76% +0.14% #146
2014 71.62% +0.36% #146
2013 71.26% +0.47% #146
2012 70.79% +0.41% #145
2011 70.38% +0.36% #144
Show all years (1991-2025)
* Linear trend extrapolation

Detected Pattern

Fiscal Dominance Trap
Government debt exceeding 80% of GDP with real interest rates negative and inflation above 10%. Monetary policy effectiveness impaired by fiscal pressures.
Inflation 11.3% Real rate -1.9%
Occurred 386 times, 278 successful
Inflation
28.2%
Real rate
-4.2%
Inflation
219.9%
Real rate
-47.4%
Inflation
28.3%
Real rate
-7.0%
Inflation
91.4%
Real rate
-26.9%
Inflation
13.6%
Real rate
-0.9%
Inflation
133.5%
Real rate
-17.3%

Analysis

Maldives matched the Fiscal Dominance Trap pattern in 2011. Historically, 72% of countries showing this pattern (278 out of 386) saw services employment improve within 24 months. View full analysis →

Frequently Asked Questions

What is Maldives's services employment?▾

Maldives's services employment was 71.77% in 2025. Ranked 130th globally. This represents a 0.5% increase from the previous year.

What was the highest services employment in Maldives?▾

Maldives's services employment peaked at 72.01% in 2016.

What was the lowest services employment in Maldives?▾

The lowest services employment in Maldives was 45.53% in 1991.

How does Maldives rank in services employment?▾

Maldives ranks 130th globally in services employment as of 2025.

What is the World Bank indicator code for services employment?▾

The World Bank indicator code is SL.SRV.EMPL.ZS. Data sourced from World Bank.

What is the projected services employment of Maldives in 2026?▾

Maldives's services employment is projected to reach 72.15% by 2026 based on trend extrapolation.

What is the services employment of Maldives in 2025?▾

The services employment of Maldives in 2025 was 71.77%. This ranks 130th in the world.

Cite this page

APA
Maldives Services Employment. HistorySaid. Retrieved October 22, 2026, from https://historysaid.com/maldives/services-employment/
BibTeX
@misc{historysaid_maldives_services-employment, title = {Maldives Services Employment}, url = {https://historysaid.com/maldives/services-employment/}, publisher = {HistorySaid}, year = {2026} }
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