Domestic credit to private sector in Maldives
Maldives: Domestic credit to private sector was 36.4% in 2025. ▼ Falling
Domestic credit to private sector in Maldives, 2004–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Maldives recorded 36.4% for domestic credit to private sector in 2025.
The figure is up 2.0% on the previous year and up 25.2% over ten years.
Over the whole period, domestic credit to private sector in Maldives peaked at 57.7% in 2008 and was at its lowest, 23.1%, in 2004.
Maldives ranks 101st of 187 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 22 years of available data.
Domestic credit to private sector in Maldives, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2004 | 23.1% | — |
| 2005 | 38.8% | +68.3% |
| 2006 | 42.6% | +9.8% |
| 2007 | 54.6% | +28.1% |
| 2008 | 57.7% | +5.7% |
| 2009 | 53.8% | -6.8% |
| 2010 | 47.7% | -11.3% |
| 2011 | 42.4% | -11.0% |
| 2012 | 35.1% | -17.2% |
| 2013 | 31.2% | -11.1% |
| 2014 | 29.0% | -7.2% |
| 2015 | 29.1% | +0.5% |
| 2016 | 30.3% | +4.3% |
| 2017 | 31.2% | +2.8% |
| 2018 | 31.0% | -0.5% |
| 2019 | 31.5% | +1.6% |
| 2020 | 53.4% | +69.2% |
| 2021 | 39.3% | -26.3% |
| 2022 | 35.2% | -10.4% |
| 2023 | 35.8% | +1.8% |
| 2024 | 35.7% | -0.3% |
| 2025 | 36.4% | +2.0% |
Maldives compared with similar countries
- Maldives's 36.4% is below the median for upper middle income countries, which is 44.9%, 81% of the median. (55 countries reporting)
- Maldives's 36.4% is below the median for South Asia, which is 45.5%, 80% of the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 45.1% | 23.1% | 57.7% | 6 |
| 2010s | 33.9% | 29.0% | 47.7% | 10 |
| 2020s | 39.3% | 35.2% | 53.4% | 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 domestic credit to private sector in Maldives?
- Domestic credit to private sector in Maldives was 36.4% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest domestic credit to private sector recorded in Maldives?
- The highest recorded value was 57.7% in 2008.
- What is the lowest domestic credit to private sector recorded in Maldives?
- The lowest recorded value was 23.1% in 2004.
- How does Maldives rank for domestic credit to private sector?
- Maldives ranks 101st out of 187 countries with data for 2025.
- Is domestic credit to private sector rising or falling in Maldives?
- Over the last ten years it is up 25.2%. 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 Domestic credit to private sector (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Domestic credit to private sector refers to financial resources provided to the private sector by financial corporations, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. The financial corporations include 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.