Bank non-performing loans to gross loans in Maldives
Maldives: Bank non-performing loans to gross loans was 8.3% in 2020. ▼ Falling
Bank non-performing loans to gross loans in Maldives, 2012–2020
Source: Financial Soundness Indicators Database (fsi.imf.org), International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for bank non-performing loans to gross loans in Maldives is 8.3%, measured in 2020. That is the lowest value across all 9 years on record.
The figure is down 11.9% on the previous year and down 60.4% over ten years.
Over the whole period, bank non-performing loans to gross loans in Maldives peaked at 20.9% in 2012 and was at its lowest, 8.3%, in 2020.
Maldives ranks 33rd of 141 countries on this measure, in the top quarter.
Bank non-performing loans to gross loans in Maldives, year by year
| Year | % | Change |
|---|---|---|
| 2012 | 20.9% | — |
| 2013 | 17.6% | -16.0% |
| 2014 | 17.5% | -0.5% |
| 2015 | 14.1% | -19.6% |
| 2016 | 10.6% | -24.4% |
| 2017 | 10.5% | -1.7% |
| 2018 | 8.9% | -14.9% |
| 2019 | 9.4% | +5.6% |
| 2020 | 8.3% | -11.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 13.7% | 8.9% | 20.9% | 8 |
| 2020s | 8.3% | 8.3% | 8.3% | 1 |
Countries ranked near Maldives
- 30 Tanzania, United Republic of 8.7% compare
- 31 Bhutan 8.4% compare
- 32 Kazakhstan 8.4% compare
- 34 Gabon 8.2% compare
- 35 United Arab Emirates 8.2% compare
- 36 Albania 8.1% compare
More financial sector data for Maldives
- Net domestic credit (current LCU), per capita 176,266 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 12.06 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 15.95 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 0 SDR (2025)
- Gold reserves at market value 0 SDR (2025)
- Reserves excluding gold, foreign exchange 713.71 million SDR (2025)
- Reserves excluding gold 718.93 million SDR (2025)
- Total reserves (gold at market value) 718.93 million SDR (2025)
- Total reserves (gold at national valuation) 718.93 million SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 1,357 SDR per person (2025)
Frequently asked questions
- What is bank non-performing loans to gross loans in Maldives?
- Bank non-performing loans to gross loans in Maldives was 8.3% in 2020, according to Financial Soundness Indicators Database (fsi.imf.org), International Monetary Fund (IMF).
- What is the highest bank non-performing loans to gross loans recorded in Maldives?
- The highest recorded value was 20.9% in 2012.
- What is the lowest bank non-performing loans to gross loans recorded in Maldives?
- The lowest recorded value was 8.3% in 2020.
- How does Maldives rank for bank non-performing loans to gross loans?
- Maldives ranks 33rd out of 141 countries with data for 2020.
- Is bank non-performing loans to gross loans rising or falling in Maldives?
- Over the last ten years it is down 60.4%. The long-run trend across the full record is falling.
- Where does this Maldives data come from?
- The figures come from Financial Soundness Indicators Database (fsi.imf.org), International Monetary Fund (IMF), published as part of Bank non-performing loans to gross loans (%). Statizoid updates them automatically from the source API.
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About this data
Reported by IMF staff. Note that due to differences in national accounting, taxation, and supervisory regimes, these data are not strictly comparable across countries.