Number of Depositors, Commercial Banks, of Which: Household Sector in Maldives
Maldives: Number of Depositors, Commercial Banks, of Which: Household Sector was 770,976 in 2024. ◆ Volatile
Number of Depositors, Commercial Banks, of Which: Household Sector in Maldives, 2004–2024
Source: International Monetary Fund.
Analysis
Maldives recorded 770,976 for number of depositors, commercial banks, of which: household sector in 2024. That is the highest value across all 21 years on record.
That represents a change of up 18.3% on the previous year and up 97.7% over ten years.
Over the whole period, number of depositors, commercial banks, of which: household sector in Maldives peaked at 770,976 in 2024 and was at its lowest, 5,811, in 2004.
Maldives ranks 55th of 72 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Number of Depositors, Commercial Banks, of Which: Household Sector in Maldives, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 5,811 | — |
| 2005 | 5,893 | +1.4% |
| 2006 | 6,028 | +2.3% |
| 2007 | 6,168 | +2.3% |
| 2008 | 8,485 | +37.6% |
| 2009 | 6,718 | -20.8% |
| 2010 | 6,261 | -6.8% |
| 2011 | 289,466 | +4523.3% |
| 2012 | 288,543 | -0.3% |
| 2013 | 282,307 | -2.2% |
| 2014 | 389,981 | +38.1% |
| 2015 | 336,427 | -13.7% |
| 2016 | 352,650 | +4.8% |
| 2017 | 354,618 | +0.6% |
| 2018 | 381,893 | +7.7% |
| 2019 | 411,873 | +7.9% |
| 2020 | 456,492 | +10.8% |
| 2021 | 512,987 | +12.4% |
| 2022 | 561,078 | +9.4% |
| 2023 | 651,913 | +16.2% |
| 2024 | 770,976 | +18.3% |
Maldives compared with similar countries
- Maldives's 770,976 is below the median for upper middle income countries, which is 5.50 million, 14% of the median. (24 countries reporting)
Biggest year-on-year movements
Years where Number of Depositors, Commercial Banks, of Which: Household Sector 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 |
|---|---|---|---|
| 2011 | +4523.3% | 6,261 | 289,466 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6,517 | 5,811 | 8,485 | 6 |
| 2010s | 309,402 | 6,261 | 411,873 | 10 |
| 2020s | 590,689 | 456,492 | 770,976 | 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 depositors, commercial banks, of which: household sector in Maldives?
- Number of depositors, commercial banks, of which: household sector in Maldives was 770,976 in 2024, according to International Monetary Fund.
- What is the highest number of depositors, commercial banks, of which: household sector recorded in Maldives?
- The highest recorded value was 770,976 in 2024.
- What is the lowest number of depositors, commercial banks, of which: household sector recorded in Maldives?
- The lowest recorded value was 5,811 in 2004.
- How does Maldives rank for number of depositors, commercial banks, of which: household sector?
- Maldives ranks 55th out of 72 countries with data for 2024.
- Is number of depositors, commercial banks, of which: household sector rising or falling in Maldives?
- Over the last ten years it is up 97.7%. 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 Depositors, Commercial Banks, of Which: Household Sector Depositors. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 21 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.