Number of Borrowers, Commercial Banks, of Which: Household Sector in Maldives
Maldives: Number of Borrowers, Commercial Banks, of Which: Household Sector was 166,679 in 2024. ◆ Volatile
Number of Borrowers, Commercial Banks, of Which: Household Sector in Maldives, 2011–2024
Source: International Monetary Fund.
Analysis
In 2024, number of borrowers, commercial banks, of which: household sector in Maldives stood at 166,679. That is the highest value across all 14 years on record.
Compared with earlier readings it is up 27.2% on the previous year and up 333.2% over ten years.
Over the whole period, number of borrowers, commercial banks, of which: household sector in Maldives peaked at 166,679 in 2024 and was at its lowest, 32,462, in 2013.
That places Maldives 72nd out of 89 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Number of Borrowers, Commercial Banks, of Which: Household Sector in Maldives, year by year
| Year | Value | Change |
|---|---|---|
| 2011 | 38,394 | — |
| 2012 | 39,244 | +2.2% |
| 2013 | 32,462 | -17.3% |
| 2014 | 38,472 | +18.5% |
| 2015 | 40,430 | +5.1% |
| 2016 | 48,879 | +20.9% |
| 2017 | 57,390 | +17.4% |
| 2018 | 59,044 | +2.9% |
| 2019 | 70,082 | +18.7% |
| 2020 | 74,416 | +6.2% |
| 2021 | 109,627 | +47.3% |
| 2022 | 131,519 | +20.0% |
| 2023 | 130,993 | -0.4% |
| 2024 | 166,679 | +27.2% |
Maldives compared with similar countries
- Maldives's 166,679 is below the median for upper middle income countries, which is 1.67 million, 10% of the median. (32 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 47,155 | 32,462 | 70,082 | 9 |
| 2020s | 122,647 | 74,416 | 166,679 | 5 |
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 number of borrowers, commercial banks, of which: household sector in Maldives?
- Number of borrowers, commercial banks, of which: household sector in Maldives was 166,679 in 2024, according to International Monetary Fund.
- What is the highest number of borrowers, commercial banks, of which: household sector recorded in Maldives?
- The highest recorded value was 166,679 in 2024.
- What is the lowest number of borrowers, commercial banks, of which: household sector recorded in Maldives?
- The lowest recorded value was 32,462 in 2013.
- How does Maldives rank for number of borrowers, commercial banks, of which: household sector?
- Maldives ranks 72nd out of 89 countries with data for 2024.
- Is number of borrowers, commercial banks, of which: household sector rising or falling in Maldives?
- Over the last ten years it is up 333.2%. The long-run trend across the full record is volatile.
- Where does this Maldives data come from?
- The figures come from International Monetary Fund, published as part of Number of Borrowers, Commercial Banks, of Which: Household Sector Borrowers. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 14 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
Gender-disaggregated data on access to and use of financial services.