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Maldives Trade Openness

Trade as % of GDP  NE.TRD.GNFS.ZS

Maldives's trade openness was 172.30% in 2025, ranked 17th globally. This represents a 10.1% increase from 2024. Data from World Bank, covering 2014–2025.

172.30% +15.82% (+10.1%)
Year 2025 Rank #17 Global Peak 172.30% (2025) Source World Bank

Maldives Trade Openness (2014–2025)

Overview

Maldives's trade openness stood at 172.30% in 2025, a rise of +15.82% from 2024. Based on recent trends, this figure is projected to reach 172.30% by 2025. Maldives ranked 17th globally.

Maldives’ trade openness, measured as the sum of exports and imports relative to GDP, rose from 165.98 in 2014 to an all‑time peak of 172.30 in 2025, placing the archipelago at rank 17 worldwide. The indicator fell sharply to a trough of 114.36 in 2020 amid the global pandemic, before rebounding strongly as tourism and fisheries recovered and the government pursued liberalised trade policies. Over the 12‑year coverage period the Maldives has consistently outperformed many small island economies, with peer countries such as Nauru (173.05) and Bahrain (168.84) recording comparable openness levels. The upward trajectory reflects expanding port capacity, reduced tariff barriers and greater integration into regional supply chains, particularly with Asian markets. Continued investment in logistics infrastructure and diversification beyond tourism will be crucial to sustain the current momentum and prevent future downturns in trade openness.

Data & projection

Year Trade Openness YoY change Rank
2027* trend 190.49% - -
2026* trend 181.39% - -
2025* trend 172.30% - -
2025 172.30% +15.82% #17
2024 156.47% +7.12% #145
2023 149.35% −12.89% #152
2022 162.24% +19.64% #158
2021 142.61% +28.25% #156
2020 114.36% −22.76% #149
2019 137.13% −5.37% #154
2018 142.49% +0.58% #159
2017 141.91% −2.47% #160
2016 144.38% +0.66% #162
2015 143.72% −22.26% #162
2014 165.98% – #169
* 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 trade openness improve within 24 months. View full analysis →

Frequently Asked Questions

What is Maldives's trade openness?▾

Maldives's trade openness was 172.30% in 2025. Ranked 17th globally. This represents a 10.1% increase from the previous year.

What was the highest trade openness in Maldives?▾

Maldives's trade openness peaked at 172.30% in 2025.

What was the lowest trade openness in Maldives?▾

The lowest trade openness in Maldives was 114.36% in 2020.

How does Maldives rank in trade openness?▾

Maldives ranks 17th globally in trade openness as of 2025.

What is the World Bank indicator code for trade openness?▾

The World Bank indicator code is NE.TRD.GNFS.ZS. Data sourced from World Bank.

What is the projected trade openness of Maldives in 2025?▾

Maldives's trade openness is projected to reach 172.30% by 2025 based on trend extrapolation.

What is the trade openness of Maldives in 2025?▾

The trade openness of Maldives in 2025 was 172.30%. This ranks 17th in the world.

Cite this page

APA
Maldives Trade Openness. HistorySaid. Retrieved November 15, 2026, from https://historysaid.com/maldives/trade-openness/
BibTeX
@misc{historysaid_maldives_trade-openness, title = {Maldives Trade Openness}, url = {https://historysaid.com/maldives/trade-openness/}, publisher = {HistorySaid}, year = {2026} }
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