External loans and deposits of reporting banks vis-à-vis the in Maldives
Maldives: External loans and deposits of reporting banks vis-à-vis the was 6.1% in 2021. ▼ Falling
External loans and deposits of reporting banks vis-à-vis the 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 in Maldives stood at 6.1%.
That represents a change of down 56.5% on the previous year and down 25.0% over ten years.
Over the whole period, external loans and deposits of reporting banks vis-à-vis the in Maldives peaked at 26.7% in 2004 and was at its lowest, 4.4%, in 1998.
Maldives ranks 120th of 180 countries on this measure, 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 the in Maldives, year by year
| Year | % of domestic bank deposits | Change |
|---|---|---|
| 1995 | 18.3% | — |
| 1996 | 12.3% | -32.8% |
| 1997 | 6.3% | -49.2% |
| 1998 | 4.4% | -29.9% |
| 1999 | 6.8% | +54.9% |
| 2000 | 10.6% | +56.5% |
| 2001 | 14.6% | +37.5% |
| 2002 | 21.2% | +45.2% |
| 2003 | 18.7% | -11.7% |
| 2004 | 26.7% | +42.8% |
| 2005 | 26.1% | -2.3% |
| 2006 | 26.0% | -0.5% |
| 2007 | 14.2% | -45.5% |
| 2008 | 10.0% | -29.3% |
| 2009 | 7.1% | -29.2% |
| 2010 | 7.4% | +4.8% |
| 2011 | 8.1% | +8.9% |
| 2012 | 12.0% | +48.7% |
| 2013 | 11.1% | -7.9% |
| 2014 | 7.9% | -28.7% |
| 2015 | 6.7% | -15.7% |
| 2016 | 11.5% | +72.8% |
| 2017 | 17.0% | +48.2% |
| 2018 | 10.2% | -40.3% |
| 2019 | 15.5% | +52.3% |
| 2020 | 13.9% | -10.0% |
| 2021 | 6.1% | -56.5% |
Maldives compared with similar countries
- Maldives's 6.1% is below the median for upper middle income countries, which is 7.3%, 84% of the median. (54 countries reporting)
- Maldives's 6.1% is above the median for South Asia, which is 1.1%, 5.4× the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 9.6% | 4.4% | 18.3% | 5 |
| 2000s | 17.5% | 7.1% | 26.7% | 10 |
| 2010s | 10.7% | 6.7% | 17.0% | 10 |
| 2020s | 10.0% | 6.1% | 13.9% | 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 the in Maldives?
- External loans and deposits of reporting banks vis-à-vis the in Maldives was 6.1% in 2021, according to Bank for International Settlements (BIS).
- What is the highest external loans and deposits of reporting banks vis-à-vis the recorded in Maldives?
- The highest recorded value was 26.7% in 2004.
- What is the lowest external loans and deposits of reporting banks vis-à-vis the recorded in Maldives?
- The lowest recorded value was 4.4% in 1998.
- How does Maldives rank for external loans and deposits of reporting banks vis-à-vis the?
- Maldives ranks 120th out of 180 countries with data for 2021.
- Is external loans and deposits of reporting banks vis-à-vis the rising or falling in Maldives?
- Over the last ten years it is down 25.0%. 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 the nonbanking 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 7B: 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.