Maldives' e-commerce sector is experiencing steady growth, with a conversion rate of 3.5% in 2026. The surge in internet access and smartphone usage has driven more consumers to shop online, resulting in an estimated USD 120 million in retail revenue. Mobile commerce now accounts for 65% of transactions, reflecting the country's increasing reliance on mobile devices for shopping needs.
The average transaction value has increased to USD 60, indicating more significant online purchases. The growing number of e-commerce users, totaling about 250,000, supports the expanding digital economy. Continued investments in digital infrastructure and secure payment systems are expected to further boost e-commerce engagement and conversion rates in Maldives.