Domestic credit provided by financial sector in Maldives
Maldives: Domestic credit provided by financial sector was 100.9% in 2025. ▲ Rising
Domestic credit provided by financial sector in Maldives, 2004–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2025, domestic credit provided by financial sector in Maldives stood at 100.9%.
The figure is up 2.9% on the previous year and up 65.5% over ten years.
Over the whole period, domestic credit provided by financial sector in Maldives peaked at 125.9% in 2020 and was at its lowest, 27.4%, in 2004.
Maldives ranks 14th of 65 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 22 years of available data.
Domestic credit provided by financial sector in Maldives, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2004 | 27.4% | — |
| 2005 | 47.0% | +71.4% |
| 2006 | 48.2% | +2.5% |
| 2007 | 59.1% | +22.6% |
| 2008 | 64.7% | +9.4% |
| 2009 | 71.7% | +10.8% |
| 2010 | 76.9% | +7.3% |
| 2011 | 70.7% | -8.0% |
| 2012 | 64.6% | -8.7% |
| 2013 | 60.6% | -6.1% |
| 2014 | 58.3% | -3.9% |
| 2015 | 61.0% | +4.6% |
| 2016 | 68.2% | +11.9% |
| 2017 | 65.3% | -4.4% |
| 2018 | 63.5% | -2.7% |
| 2019 | 63.5% | +0.1% |
| 2020 | 125.9% | +98.2% |
| 2021 | 97.8% | -22.3% |
| 2022 | 93.1% | -4.8% |
| 2023 | 98.0% | +5.2% |
| 2024 | 98.1% | +0.1% |
| 2025 | 100.9% | +2.9% |
Maldives compared with similar countries
- Maldives's 100.9% is above the median for upper middle income countries, which is 62.6%, 1.6× the median. (30 countries reporting)
Biggest year-on-year movements
Years where Domestic credit provided by financial sector 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 |
|---|---|---|---|
| 2020 | +98.2% | 63.5% | 125.9% |
| 2005 | +71.4% | 27.4% | 47.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 53.0% | 27.4% | 71.7% | 6 |
| 2010s | 65.3% | 58.3% | 76.9% | 10 |
| 2020s | 102.3% | 93.1% | 125.9% | 6 |
Countries ranked near Maldives
- 11 South Africa 123.4% compare
- 12 El Salvador 113.3% compare
- 13 Philippines 104.5% compare
- 15 Tunisia 100.4% compare
- 16 Bhutan 97.4% compare
- 17 Panama 89.8% 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 domestic credit provided by financial sector in Maldives?
- Domestic credit provided by financial sector in Maldives was 100.9% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest domestic credit provided by financial sector recorded in Maldives?
- The highest recorded value was 125.9% in 2020.
- What is the lowest domestic credit provided by financial sector recorded in Maldives?
- The lowest recorded value was 27.4% in 2004.
- How does Maldives rank for domestic credit provided by financial sector?
- Maldives ranks 14th out of 65 countries with data for 2025.
- Is domestic credit provided by financial sector rising or falling in Maldives?
- Over the last ten years it is up 65.5%. The long-run trend across the full record is rising.
- Where does this Maldives data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Domestic credit provided by financial sector (% of GDP). Statizoid updates them automatically from the source API.
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CSV · JSON — 22 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Domestic credit provided by the financial sector includes all credit to various sectors on a gross basis, with the exception of credit to the central government, which is net. The financial sector includes monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.