Bank nonperforming loans to total gross loans in Maldives
Maldives: Bank nonperforming loans to total gross loans was 5.7% in 2025. ▼ Falling
Bank nonperforming loans to total gross loans in Maldives, 2012–2025
Source: Financial Soundness Indicators, International Monetary Fund (IMF). Measured in %.
Analysis
Maldives recorded 5.7% for bank nonperforming loans to total gross loans in 2025. That is the lowest value across all 14 years on record.
That represents a change of down 3.4% on the previous year and down 55.8% over ten years.
Over the whole period, bank nonperforming loans to total gross loans in Maldives peaked at 20.9% in 2012 and was at its lowest, 5.7%, in 2025.
Maldives ranks 38th of 151 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 14 years of available data.
Bank nonperforming loans to total gross loans in Maldives, year by year
| Year | % | Change |
|---|---|---|
| 2012 | 20.9% | — |
| 2013 | 17.2% | -17.7% |
| 2014 | 17.5% | +1.5% |
| 2015 | 12.9% | -26.3% |
| 2016 | 11.8% | -8.6% |
| 2017 | 10.7% | -9.4% |
| 2018 | 11.6% | +8.4% |
| 2019 | 11.6% | +0.6% |
| 2020 | 18.8% | +61.7% |
| 2021 | 12.6% | -33.0% |
| 2022 | 9.4% | -25.3% |
| 2023 | 8.3% | -11.4% |
| 2024 | 5.9% | -29.3% |
| 2025 | 5.7% | -3.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 14.3% | 10.7% | 20.9% | 8 |
| 2020s | 10.1% | 5.7% | 18.8% | 6 |
Countries ranked near Maldives
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 nonperforming loans to total gross loans in Maldives?
- Bank nonperforming loans to total gross loans in Maldives was 5.7% in 2025, according to Financial Soundness Indicators, International Monetary Fund (IMF).
- What is the highest bank nonperforming loans to total gross loans recorded in Maldives?
- The highest recorded value was 20.9% in 2012.
- What is the lowest bank nonperforming loans to total gross loans recorded in Maldives?
- The lowest recorded value was 5.7% in 2025.
- How does Maldives rank for bank nonperforming loans to total gross loans?
- Maldives ranks 38th out of 151 countries with data for 2025.
- Is bank nonperforming loans to total gross loans rising or falling in Maldives?
- Over the last ten years it is down 55.8%. The long-run trend across the full record is falling.
- Where does this Maldives data come from?
- The figures come from Financial Soundness Indicators, International Monetary Fund (IMF), published as part of Bank nonperforming loans to total gross loans (%). Statizoid updates them automatically from the source API.
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CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The indicator measures the proportion of a deposit taker’s loan portfolio that is impaired or at risk of default. It is calculated as the ratio of non-performing loans (NPLs) to total gross loans, where NPLs are defined as loans that are past due by 90 days or more or are otherwise considered unlikely to be repaid in full without the realization of collateral. Both non-performing loans and total gross loans should be reported at their gross book value, without deducting for loan-loss provisions or collateral. This indicator provides a key measure of asset quality and potential credit risk in the banking system.