External loans and deposits of reporting banks vis-à-vis the banking in Maldives
Maldives: External loans and deposits of reporting banks vis-à-vis the banking was 13.5% in 2021. ◆ Volatile
External loans and deposits of reporting banks vis-à-vis the banking in Maldives, 1995–2021
Source: Bank for International Settlements (BIS). Measured in % of domestic bank deposits.
Analysis
In 2021, external loans and deposits of reporting banks vis-à-vis the banking in Maldives stood at 13.5%.
The figure is down 24.9% on the previous year and up 2.6% over ten years.
Over the whole period, external loans and deposits of reporting banks vis-à-vis the banking in Maldives peaked at 34.2% in 1995 and was at its lowest, -2.2%, in 2006.
Maldives ranks 79th of 180 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
External loans and deposits of reporting banks vis-à-vis the banking in Maldives, year by year
| Year | % of domestic bank deposits | Change |
|---|---|---|
| 1995 | 34.2% | — |
| 1996 | 30.8% | -10.0% |
| 1997 | 10.4% | -66.1% |
| 1998 | 14.8% | +41.9% |
| 1999 | 16.7% | +13.0% |
| 2000 | 17.7% | +6.0% |
| 2001 | 19.6% | +10.9% |
| 2002 | 12.0% | -39.1% |
| 2003 | 10.4% | -13.3% |
| 2004 | -1.2% | -112.1% |
| 2005 | -0.2% | -82.1% |
| 2006 | -2.2% | +891.0% |
| 2007 | 4.8% | -317.7% |
| 2008 | 4.3% | -11.0% |
| 2009 | 8.5% | +99.3% |
| 2010 | 10.3% | +20.4% |
| 2011 | 13.2% | +28.3% |
| 2012 | 8.1% | -38.7% |
| 2013 | 9.0% | +11.0% |
| 2014 | 17.6% | +96.0% |
| 2015 | 11.1% | -36.9% |
| 2016 | 4.9% | -55.6% |
| 2017 | 10.5% | +112.5% |
| 2018 | 20.6% | +96.6% |
| 2019 | 7.5% | -63.5% |
| 2020 | 18.0% | +139.5% |
| 2021 | 13.5% | -24.9% |
Maldives compared with similar countries
- Maldives's 13.5% is above the median for upper middle income countries, which is 10.4%, 1.3× the median. (53 countries reporting)
- Maldives's 13.5% is above the median for South Asia, which is 7.6%, 1.8× the median. (6 countries reporting)
Biggest year-on-year movements
Years where External loans and deposits of reporting banks vis-à-vis the banking 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 |
|---|---|---|---|
| 2006 | -891.0% | -0.2% | -2.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 21.4% | 10.4% | 34.2% | 5 |
| 2000s | 7.4% | -2.2% | 19.6% | 10 |
| 2010s | 11.3% | 4.9% | 20.6% | 10 |
| 2020s | 15.8% | 13.5% | 18.0% | 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 the banking in Maldives?
- External loans and deposits of reporting banks vis-à-vis the banking in Maldives was 13.5% in 2021, according to Bank for International Settlements (BIS).
- What is the highest external loans and deposits of reporting banks vis-à-vis the banking recorded in Maldives?
- The highest recorded value was 34.2% in 1995.
- What is the lowest external loans and deposits of reporting banks vis-à-vis the banking recorded in Maldives?
- The lowest recorded value was -2.2% in 2006.
- How does Maldives rank for external loans and deposits of reporting banks vis-à-vis the banking?
- Maldives ranks 79th out of 180 countries with data for 2021.
- Is external loans and deposits of reporting banks vis-à-vis the banking rising or falling in Maldives?
- Over the last ten years it is up 2.6%. The long-run trend across the full record is volatile.
- 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 the banking sector (% 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 minus 7B: External loans and deposits of reporting banks vis-à-vis all sectors minus external loans and deposits of reporting banks vis-à-vis nonbanking sectors; bank deposits from IFS (IFS lines 24 and 25). End of year data (i.e. December data) are used.