External loans and deposits of reporting banks vis-à-vis all sectors in Maldives
Maldives: External loans and deposits of reporting banks vis-à-vis all sectors was 19.6% in 2021. ▼ Falling
External loans and deposits of reporting banks vis-à-vis all sectors in Maldives, 1995–2021
Source: Bank for International Settlements (BIS). Measured in % of domestic bank deposits.
Analysis
The most recent figure for external loans and deposits of reporting banks vis-à-vis all sectors in Maldives is 19.6%, measured in 2021.
Compared with earlier readings it is down 38.5% on the previous year and down 7.7% over ten years.
Over the whole period, external loans and deposits of reporting banks vis-à-vis all sectors in Maldives peaked at 52.5% in 1995 and was at its lowest, 14.3%, in 2008.
That places Maldives 100th out of 181 countries with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently falling across the 27 years of available data.
External loans and deposits of reporting banks vis-à-vis all sectors in Maldives, year by year
| Year | % of domestic bank deposits | Change |
|---|---|---|
| 1995 | 52.5% | — |
| 1996 | 43.1% | -18.0% |
| 1997 | 16.7% | -61.3% |
| 1998 | 19.2% | +15.0% |
| 1999 | 23.5% | +22.6% |
| 2000 | 28.3% | +20.6% |
| 2001 | 34.2% | +20.9% |
| 2002 | 33.2% | -3.1% |
| 2003 | 29.1% | -12.3% |
| 2004 | 25.5% | -12.4% |
| 2005 | 25.9% | +1.6% |
| 2006 | 23.8% | -8.2% |
| 2007 | 19.0% | -20.2% |
| 2008 | 14.3% | -24.7% |
| 2009 | 15.6% | +9.4% |
| 2010 | 17.7% | +13.3% |
| 2011 | 21.3% | +20.2% |
| 2012 | 20.1% | -5.5% |
| 2013 | 20.1% | -0.3% |
| 2014 | 25.4% | +26.8% |
| 2015 | 17.7% | -30.6% |
| 2016 | 16.5% | -6.6% |
| 2017 | 27.5% | +66.9% |
| 2018 | 30.8% | +11.9% |
| 2019 | 23.1% | -25.1% |
| 2020 | 31.9% | +38.5% |
| 2021 | 19.6% | -38.5% |
Maldives compared with similar countries
- Maldives's 19.6% is above the median for upper middle income countries, which is 19.1%, 1.0× the median. (54 countries reporting)
- Maldives's 19.6% is above the median for South Asia, which is 8.7%, 2.3× the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 31.0% | 16.7% | 52.5% | 5 |
| 2000s | 24.9% | 14.3% | 34.2% | 10 |
| 2010s | 22.0% | 16.5% | 30.8% | 10 |
| 2020s | 25.8% | 19.6% | 31.9% | 2 |
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 external loans and deposits of reporting banks vis-à-vis all sectors in Maldives?
- External loans and deposits of reporting banks vis-à-vis all sectors in Maldives was 19.6% in 2021, according to Bank for International Settlements (BIS).
- What is the highest external loans and deposits of reporting banks vis-à-vis all sectors recorded in Maldives?
- The highest recorded value was 52.5% in 1995.
- What is the lowest external loans and deposits of reporting banks vis-à-vis all sectors recorded in Maldives?
- The lowest recorded value was 14.3% in 2008.
- How does Maldives rank for external loans and deposits of reporting banks vis-à-vis all sectors?
- Maldives ranks 100th out of 181 countries with data for 2021.
- Is external loans and deposits of reporting banks vis-à-vis all sectors rising or falling in Maldives?
- Over the last ten years it is down 7.7%. The long-run trend across the full record is falling.
- Where does this Maldives data come from?
- The figures come from Bank for International Settlements (BIS), published as part of External loans and deposits of reporting banks vis-à-vis all sectors (% of domestic bank deposits). Statizoid updates them automatically from the source API.
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About this data
Data is from BIS Statistical Appendix Table 7A: External loans and deposits of reporting banks vis-à-vis all sectors; bank deposits from IFS (IFS lines 24 and 25). End of year data (i.e. December data) are used.