Deposit interest rate (%) in Maldives
Maldives: Deposit interest rate (%) was 3.6% in 2025. ▼ Falling
Deposit interest rate in Maldives, 1995–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.
Analysis
In 2025, deposit interest rate in Maldives stood at 3.6%.
The figure is down 4.5% on the previous year and down 13.7% over ten years.
Over the whole period, deposit interest rate in Maldives peaked at 4.6% in 2002 and was at its lowest, 3.5%, in 2019.
Maldives ranks 78th of 153 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 31 years of available data.
Deposit interest rate (%) in Maldives, year by year
| Year | % | Change |
|---|---|---|
| 1995 | 4.1% | — |
| 1996 | 4.1% | +0.0% |
| 1997 | 4.1% | +0.0% |
| 1998 | 4.1% | +0.0% |
| 1999 | 4.2% | +1.9% |
| 2000 | 4.2% | -0.8% |
| 2001 | 4.2% | +1.4% |
| 2002 | 4.6% | +7.6% |
| 2003 | 4.6% | +0.0% |
| 2004 | 3.9% | -13.3% |
| 2005 | 3.9% | +0.0% |
| 2006 | 3.9% | +0.0% |
| 2007 | 3.9% | +0.0% |
| 2008 | 3.9% | +0.0% |
| 2009 | 3.9% | +0.0% |
| 2010 | 4.0% | +2.7% |
| 2011 | 4.2% | +3.1% |
| 2012 | 3.7% | -10.6% |
| 2013 | 3.8% | +2.0% |
| 2014 | 4.1% | +8.7% |
| 2015 | 4.1% | -0.5% |
| 2016 | 3.8% | -8.1% |
| 2017 | 3.6% | -5.6% |
| 2018 | 3.7% | +2.4% |
| 2019 | 3.5% | -5.1% |
| 2020 | 3.7% | +7.1% |
| 2021 | 3.7% | -0.8% |
| 2022 | 3.7% | +1.0% |
| 2023 | 4.0% | +7.2% |
| 2024 | 3.7% | -6.9% |
| 2025 | 3.6% | -4.5% |
Maldives compared with similar countries
- Maldives's 3.6% is below the median for upper middle income countries, which is 4.1%, 87% of the median. (53 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.1% | 4.1% | 4.2% | 5 |
| 2000s | 4.1% | 3.9% | 4.6% | 10 |
| 2010s | 3.9% | 3.5% | 4.2% | 10 |
| 2020s | 3.7% | 3.6% | 4.0% | 6 |
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 deposit interest rate in Maldives?
- Deposit interest rate in Maldives was 3.6% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest deposit interest rate recorded in Maldives?
- The highest recorded value was 4.6% in 2002.
- What is the lowest deposit interest rate recorded in Maldives?
- The lowest recorded value was 3.5% in 2019.
- How does Maldives rank for deposit interest rate?
- Maldives ranks 78th out of 153 countries with data for 2025.
- Is deposit interest rate rising or falling in Maldives?
- Over the last ten years it is down 13.7%. The long-run trend across the full record is falling.
- Where does this Maldives data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Deposit interest rate (%). Statizoid updates them automatically from the source API.
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CSV · JSON — 31 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Deposit interest rate is the rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability. This indicator is expressed as a percentage (a÷b)*100.