Bank lending-deposit spread in Maldives
Maldives: Bank lending-deposit spread was 7.88 in 2020. ▲ Rising
Bank lending-deposit spread in Maldives, 1995–2020
Source: International Financial Statistics (IFS), International Monetary Fund (IMF).
Analysis
Maldives recorded 7.88 for bank lending-deposit spread in 2020.
The figure is down 2.1% on the previous year and up 24.6% over ten years.
Over the whole period, bank lending-deposit spread in Maldives peaked at 8.05 in 2019 and was at its lowest, 4.95, in 1999.
Maldives ranks 35th of 124 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 26 years of available data.
Bank lending-deposit spread in Maldives, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 6.86 | — |
| 1996 | 6.86 | +0.0% |
| 1997 | 6.86 | +0.0% |
| 1998 | 6.86 | +0.0% |
| 1999 | 4.95 | -27.8% |
| 2000 | 5.35 | +8.0% |
| 2001 | 5.29 | -1.1% |
| 2002 | 5.37 | +1.4% |
| 2003 | 5.71 | +6.3% |
| 2004 | 6.31 | +10.6% |
| 2005 | 6.31 | +0.0% |
| 2006 | 6.31 | +0.0% |
| 2007 | 6.31 | +0.0% |
| 2008 | 6.31 | +0.0% |
| 2009 | 6.31 | +0.0% |
| 2010 | 6.33 | +0.2% |
| 2011 | 6.02 | -4.8% |
| 2012 | 6.75 | +12.1% |
| 2013 | 7.34 | +8.6% |
| 2014 | 7.28 | -0.8% |
| 2015 | 6.98 | -4.0% |
| 2016 | 6.98 | -0.0% |
| 2017 | 6.58 | -5.7% |
| 2018 | 7.02 | +6.7% |
| 2019 | 8.05 | +14.7% |
| 2020 | 7.88 | -2.1% |
Maldives compared with similar countries
- Maldives's 7.88 is above the median for upper middle income countries, which is 5.5, 1.4× the median. (45 countries reporting)
Biggest year-on-year movements
Years where Bank lending-deposit spread in Maldives changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1999 | -27.8% | 6.86 | 4.95 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6.48 | 4.95 | 6.86 | 5 |
| 2000s | 5.96 | 5.29 | 6.31 | 10 |
| 2010s | 6.93 | 6.02 | 8.05 | 10 |
| 2020s | 7.88 | 7.88 | 7.88 | 1 |
Countries ranked near Maldives
- 32 Seychelles 8.13 compare
- 33 Barbados 7.9 compare
- 34 Guatemala 7.9 compare
- 36 Dominican Republic 7.79 compare
- 37 Papua New Guinea 7.77 compare
- 38 Cape Verde 7.31 compare
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 lending-deposit spread in Maldives?
- Bank lending-deposit spread in Maldives was 7.88 in 2020, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest bank lending-deposit spread recorded in Maldives?
- The highest recorded value was 8.05 in 2019.
- What is the lowest bank lending-deposit spread recorded in Maldives?
- The lowest recorded value was 4.95 in 1999.
- How does Maldives rank for bank lending-deposit spread?
- Maldives ranks 35th out of 124 countries with data for 2020.
- Is bank lending-deposit spread rising or falling in Maldives?
- Over the last ten years it is up 24.6%. The long-run trend across the full record is rising.
- Where does this Maldives data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Bank lending-deposit spread. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Raw data are from the electronic version of the IMF’s International Financial Statistics. Difference between lending rate and deposit rate. Lending rate is the rate charged by banks on loans to the private sector and deposit interest rate is the rate offered by commercial banks on three-month deposits. IFS line 60P - line 60L.