Interest rate spread (lending rate minus deposit rate, %) in Maldives
Maldives: Interest rate spread (lending rate minus deposit rate, %) was 8.1% in 2025. ▲ Rising
Interest rate spread in Maldives, 1995–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in lending rate minus deposit rate, %.
Analysis
Maldives recorded 8.1% for interest rate spread in 2025. That is the highest value across all 31 years on record.
The figure is up 3.2% on the previous year and up 15.7% over ten years.
Over the whole period, interest rate spread in Maldives peaked at 8.1% in 2025 and was at its lowest, 5.0%, in 1999.
That places Maldives 29th out of 141 countries with data for 2025, putting it in the top quarter.
The long-run direction has been consistently rising across the 31 years of available data.
Interest rate spread (lending rate minus deposit rate, %) in Maldives, year by year
| Year | lending rate minus deposit rate, % | Change |
|---|---|---|
| 1995 | 6.9% | — |
| 1996 | 6.9% | +0.0% |
| 1997 | 6.9% | +0.0% |
| 1998 | 6.9% | +0.0% |
| 1999 | 5.0% | -27.8% |
| 2000 | 5.4% | +8.0% |
| 2001 | 5.3% | -1.1% |
| 2002 | 5.4% | +1.4% |
| 2003 | 5.7% | +6.3% |
| 2004 | 6.3% | +10.6% |
| 2005 | 6.3% | +0.0% |
| 2006 | 6.3% | +0.0% |
| 2007 | 6.3% | +0.0% |
| 2008 | 6.3% | +0.0% |
| 2009 | 6.3% | +0.0% |
| 2010 | 6.3% | +0.2% |
| 2011 | 6.0% | -4.8% |
| 2012 | 6.8% | +12.1% |
| 2013 | 7.3% | +8.6% |
| 2014 | 7.3% | -0.8% |
| 2015 | 7.0% | -4.0% |
| 2016 | 7.0% | -0.0% |
| 2017 | 6.6% | -5.7% |
| 2018 | 7.0% | +6.7% |
| 2019 | 8.0% | +14.7% |
| 2020 | 7.9% | -2.1% |
| 2021 | 7.9% | -0.1% |
| 2022 | 7.2% | -8.6% |
| 2023 | 7.7% | +6.7% |
| 2024 | 7.8% | +1.9% |
| 2025 | 8.1% | +3.2% |
Maldives compared with similar countries
- Maldives's 8.1% is above the median for upper middle income countries, which is 5.4%, 1.5× the median. (49 countries reporting)
Biggest year-on-year movements
Years where Interest rate spread (lending rate minus deposit rate, %) 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 |
|---|---|---|---|
| 1999 | -27.8% | 6.9% | 5.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6.5% | 5.0% | 6.9% | 5 |
| 2000s | 6.0% | 5.3% | 6.3% | 10 |
| 2010s | 6.9% | 6.0% | 8.0% | 10 |
| 2020s | 7.8% | 7.2% | 8.1% | 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 interest rate spread in Maldives?
- Interest rate spread in Maldives was 8.1% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest interest rate spread recorded in Maldives?
- The highest recorded value was 8.1% in 2025.
- What is the lowest interest rate spread recorded in Maldives?
- The lowest recorded value was 5.0% in 1999.
- How does Maldives rank for interest rate spread?
- Maldives ranks 29th out of 141 countries with data for 2025.
- Is interest rate spread rising or falling in Maldives?
- Over the last ten years it is up 15.7%. The long-run trend across the full record is rising.
- Where does this Maldives data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Interest rate spread (lending rate minus deposit rate, %). Statizoid updates them automatically from the source API.
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About this data
Interest rate spread is the interest rate charged by banks on loans to private sector customers minus the interest rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability.