Merchandise Trade (As % of GDP) rose to 55.1% in Maldives in 2017

Merchandise Trade (As % of GDP) (%)
Economy | Maldives | May 17, 2019
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Excel Sheet

Merchandise trade as a share of GDP reached 55.1 % in 2017 in Maldives, according to the National Statistical Office. This is 2.04 % more than in the previous year.

Historically, merchandise trade as a share of GDP in Maldives reached an all time high of 121 % in 1983 and an all time low of 48.2 % in 2009. When compared to Maldives's main peers, merchandise trade as a share of GDP in India amounted to 28.2 %, 32.1 % in Indonesia, 216 % in Singapore and 37.0 % in Sri Lanka in 2017.

Maldives has been ranked 86th within the group of 168 countries we follow in terms of merchandise trade as a share of GDP, 15 places behind the position seen 10 years ago.

Merchandise trade as a share of GDP is the sum of merchandise exports and imports divided by the value of GDP, all in current US dollars.

Merchandise Trade (As % of GDP) Unit 2009 2010 2011 2012 2013 2014 2015 2016 2017
Australia % 37.0% 33.5% 31.5% 32.6% 29.4%
Bangladesh % 47.2% 44.5% 44.1% 41.4% 38.2%
China % 48.1% 45.2% 43.3% 41.0% 35.7%
India % 42.1% 43.0% 42.0% 38.5% 31.4%
Indonesia % 42.7% 41.6% 40.5% 39.8% 34.0%
Malaysia % 139% 135% 134% 131% 126%
Maldives % 65.3% 64.7% 62.7% 62.0% 52.0%
Myanmar % 30.4% 30.2% 38.6% 42.6% 47.4%
Pakistan % 32.5% 30.6% 30.2% 29.6% 24.4%
Philippines % 50.0% 47.0% 45.0% 46.0% 45.6%
Singapore % 281% 271% 257% 249% 212%
Sri Lanka % 46.7% 41.7% 38.0% 38.7% 36.5%
Thailand % 122% 120% 114% 112% 104%