Financial Institutions Access Index in Maldives
Maldives: Financial Institutions Access Index was 0.3242 in 2020. ▲ Rising
Financial Institutions Access Index in Maldives, 1980–2020
Source: International Monetary Fund.
Analysis
In 2020, financial institutions access index in Maldives stood at 0.3242. That is the highest value across all 41 years on record.
The figure is up 3.9% on the previous year and up 58.0% over ten years.
Over the whole period, financial institutions access index in Maldives peaked at 0.3242 in 2020 and was at its lowest, 0.0863, in 1992.
Maldives ranks 98th of 183 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 41 years of available data.
Financial Institutions Access Index in Maldives, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 0.1004 | — |
| 1981 | 0.1004 | +0.0% |
| 1982 | 0.1704 | +69.7% |
| 1983 | 0.2064 | +21.1% |
| 1984 | 0.2555 | +23.8% |
| 1985 | 0.2103 | -17.7% |
| 1986 | 0.1751 | -16.7% |
| 1987 | 0.1429 | -18.4% |
| 1988 | 0.1105 | -22.7% |
| 1989 | 0.1169 | +5.8% |
| 1990 | 0.1258 | +7.6% |
| 1991 | 0.1001 | -20.4% |
| 1992 | 0.0863 | -13.8% |
| 1993 | 0.1142 | +32.3% |
| 1994 | 0.1214 | +6.3% |
| 1995 | 0.1195 | -1.6% |
| 1996 | 0.1173 | -1.9% |
| 1997 | 0.1146 | -2.3% |
| 1998 | 0.1242 | +8.4% |
| 1999 | 0.1301 | +4.7% |
| 2000 | 0.1234 | -5.2% |
| 2001 | 0.1399 | +13.3% |
| 2002 | 0.158 | +12.9% |
| 2003 | 0.1447 | -8.4% |
| 2004 | 0.1456 | +0.6% |
| 2005 | 0.1457 | +0.0% |
| 2006 | 0.1636 | +12.3% |
| 2007 | 0.2124 | +29.9% |
| 2008 | 0.2128 | +0.2% |
| 2009 | 0.2133 | +0.2% |
| 2010 | 0.2051 | -3.8% |
| 2011 | 0.2015 | -1.7% |
| 2012 | 0.2103 | +4.4% |
| 2013 | 0.2071 | -1.5% |
| 2014 | 0.2177 | +5.1% |
| 2015 | 0.216 | -0.8% |
| 2016 | 0.2477 | +14.6% |
| 2017 | 0.2798 | +13.0% |
| 2018 | 0.289 | +3.3% |
| 2019 | 0.3119 | +7.9% |
| 2020 | 0.3242 | +3.9% |
Maldives compared with similar countries
- Maldives's 0.3242 is below the median for upper middle income countries, which is 0.3583, 90% of the median. (54 countries reporting)
- Maldives's 0.3242 is above the median for South Asia, which is 0.3053, 1.1× the median. (6 countries reporting)
Biggest year-on-year movements
Years where Financial Institutions Access Index 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 |
|---|---|---|---|
| 1982 | +69.7% | 0.1004 | 0.1704 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.1589 | 0.1004 | 0.2555 | 10 |
| 1990s | 0.1153 | 0.0863 | 0.1301 | 10 |
| 2000s | 0.1659 | 0.1234 | 0.2133 | 10 |
| 2010s | 0.2386 | 0.2015 | 0.3119 | 10 |
| 2020s | 0.3242 | 0.3242 | 0.3242 | 1 |
Countries ranked near Maldives
- 95 Nepal 0.3304 compare
- 96 El Salvador 0.3261 compare
- 97 Dominica 0.326 compare
- 99 United Arab Emirates 0.3229 compare
- 100 Trinidad and Tobago 0.3208 compare
- 101 Singapore 0.3189 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 financial institutions access index in Maldives?
- Financial institutions access index in Maldives was 0.3242 in 2020, according to International Monetary Fund.
- What is the highest financial institutions access index recorded in Maldives?
- The highest recorded value was 0.3242 in 2020.
- What is the lowest financial institutions access index recorded in Maldives?
- The lowest recorded value was 0.0863 in 1992.
- How does Maldives rank for financial institutions access index?
- Maldives ranks 98th out of 183 countries with data for 2020.
- Is financial institutions access index rising or falling in Maldives?
- Over the last ten years it is up 58.0%. The long-run trend across the full record is rising.
- Where does this Maldives data come from?
- The figures come from International Monetary Fund, published as part of Financial Institutions Access Index. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 41 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The dataset contains nine indices that summarize how developed financial institutions and financial markets are in terms of their depth, access, and efficiency. These indices are aggregated into an overall index of financial development. With the coverage of over 180 countries on annual frequency from 1980 onwards, the database should offer a useful analytical tool for researchers and policy makers.