Bank credit to bank deposits in Maldives
Maldives: Bank credit to bank deposits was 57.7% in 2021. ▼ Falling
Bank credit to bank deposits in Maldives, 1980–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for bank credit to bank deposits in Maldives is 57.7%, measured in 2021.
Compared with earlier readings it is down 19.3% on the previous year and down 38.5% over ten years.
Over the whole period, bank credit to bank deposits in Maldives peaked at 190.8% in 1984 and was at its lowest, 23.7%, in 1980.
Maldives ranks 143rd of 186 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 42 years of available data.
Bank credit to bank deposits in Maldives, year by year
| Year | % | Change |
|---|---|---|
| 1980 | 23.7% | — |
| 1981 | 94.2% | +297.0% |
| 1982 | 159.5% | +69.4% |
| 1983 | 186.4% | +16.9% |
| 1984 | 190.8% | +2.4% |
| 1985 | 186.6% | -2.2% |
| 1986 | 123.9% | -33.6% |
| 1987 | 98.5% | -20.5% |
| 1988 | 74.5% | -24.3% |
| 1989 | 76.2% | +2.2% |
| 1990 | 87.2% | +14.4% |
| 1991 | 64.8% | -25.7% |
| 1992 | 62.5% | -3.5% |
| 1993 | 64.1% | +2.6% |
| 1994 | 64.6% | +0.7% |
| 1995 | 68.0% | +5.2% |
| 1996 | 53.6% | -21.2% |
| 1997 | 58.8% | +9.8% |
| 1998 | 58.3% | -0.9% |
| 1999 | 57.8% | -0.9% |
| 2000 | 60.5% | +4.6% |
| 2001 | 68.2% | +12.7% |
| 2002 | 63.5% | -6.8% |
| 2003 | 58.8% | -7.4% |
| 2004 | 69.3% | +17.8% |
| 2005 | 95.6% | +38.0% |
| 2006 | 118.0% | +23.4% |
| 2007 | 139.3% | +18.1% |
| 2008 | 151.2% | +8.5% |
| 2009 | 126.6% | -16.3% |
| 2010 | 106.2% | -16.2% |
| 2011 | 93.8% | -11.6% |
| 2012 | 81.1% | -13.6% |
| 2013 | 70.1% | -13.5% |
| 2014 | 61.4% | -12.4% |
| 2015 | 60.6% | -1.2% |
| 2016 | 67.0% | +10.5% |
| 2017 | 71.2% | +6.3% |
| 2018 | 76.8% | +7.9% |
| 2019 | 74.5% | -3.0% |
| 2020 | 71.5% | -4.1% |
| 2021 | 57.7% | -19.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 121.4% | 23.7% | 190.8% | 10 |
| 1990s | 64.0% | 53.6% | 87.2% | 10 |
| 2000s | 95.1% | 58.8% | 151.2% | 10 |
| 2010s | 76.3% | 60.6% | 106.2% | 10 |
| 2020s | 64.6% | 57.7% | 71.5% | 2 |
Countries ranked near Maldives
More financial sector data for Maldives
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0008 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 12.42 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0006 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 9.07 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0008 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 12.42 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is bank credit to bank deposits in Maldives?
- Bank credit to bank deposits in Maldives was 57.7% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest bank credit to bank deposits recorded in Maldives?
- The highest recorded value was 190.8% in 1984.
- What is the lowest bank credit to bank deposits recorded in Maldives?
- The lowest recorded value was 23.7% in 1980.
- How does Maldives rank for bank credit to bank deposits?
- Maldives ranks 143rd out of 186 countries with data for 2021.
- Is bank credit to bank deposits rising or falling in Maldives?
- Over the last ten years it is down 38.5%. The long-run trend across the full record is falling.
- Where does this Maldives data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Bank credit to bank deposits (%). Statizoid updates them automatically from the source API.
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About this data
Raw data are from the electronic version of the IMF’s International Financial Statistics. Private credit by deposit money banks (IFS line 22d); bank deposits (IFS lines 24 and 25).