Outstanding Deposits, Commercial Banks, of Which: Household Sector in Maldives
Maldives: Outstanding Deposits, Commercial Banks, of Which: Household Sector was 25.68 billion in 2024. ◆ Volatile
Outstanding Deposits, Commercial Banks, of Which: Household Sector in Maldives, 2004–2024
Source: International Monetary Fund.
Analysis
In 2024, outstanding deposits, commercial banks, of which: household sector in Maldives stood at 25.68 billion. That is the highest value across all 21 years on record.
The figure is up 6.9% on the previous year and up 122.9% over ten years.
Over the whole period, outstanding deposits, commercial banks, of which: household sector in Maldives peaked at 25.68 billion in 2024 and was at its lowest, 6.96 million, in 2004.
Maldives ranks 93rd of 127 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Outstanding Deposits, Commercial Banks, of Which: Household Sector in Maldives, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 6.96 million | — |
| 2005 | 13.87 million | +99.4% |
| 2006 | 75.23 million | +442.3% |
| 2007 | 4.84 billion | +6336.0% |
| 2008 | 5.11 billion | +5.5% |
| 2009 | 5.44 billion | +6.5% |
| 2010 | 6.18 billion | +13.6% |
| 2011 | 7.37 billion | +19.3% |
| 2012 | 8.52 billion | +15.5% |
| 2013 | 9.84 billion | +15.5% |
| 2014 | 11.52 billion | +17.1% |
| 2015 | 13.03 billion | +13.2% |
| 2016 | 12.64 billion | -3.0% |
| 2017 | 13.55 billion | +7.2% |
| 2018 | 14.54 billion | +7.3% |
| 2019 | 16.15 billion | +11.0% |
| 2020 | 17.97 billion | +11.3% |
| 2021 | 20.90 billion | +16.3% |
| 2022 | 22.06 billion | +5.5% |
| 2023 | 24.01 billion | +8.9% |
| 2024 | 25.68 billion | +6.9% |
Maldives compared with similar countries
- Maldives's 25.68 billion is below the median for upper middle income countries, which is 343.07 billion, 7% of the median. (40 countries reporting)
Biggest year-on-year movements
Years where Outstanding Deposits, 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 |
|---|---|---|---|
| 2007 | +6336.0% | 75.23 million | 4.84 billion |
| 2006 | +442.3% | 13.87 million | 75.23 million |
| 2005 | +99.4% | 6.96 million | 13.87 million |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.58 billion | 6.96 million | 5.44 billion | 6 |
| 2010s | 11.33 billion | 6.18 billion | 16.15 billion | 10 |
| 2020s | 22.13 billion | 17.97 billion | 25.68 billion | 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 outstanding deposits, commercial banks, of which: household sector in Maldives?
- Outstanding deposits, commercial banks, of which: household sector in Maldives was 25.68 billion in 2024, according to International Monetary Fund.
- What is the highest outstanding deposits, commercial banks, of which: household sector recorded in Maldives?
- The highest recorded value was 25.68 billion in 2024.
- What is the lowest outstanding deposits, commercial banks, of which: household sector recorded in Maldives?
- The lowest recorded value was 6.96 million in 2004.
- How does Maldives rank for outstanding deposits, commercial banks, of which: household sector?
- Maldives ranks 93rd out of 127 countries with data for 2024.
- Is outstanding deposits, commercial banks, of which: household sector rising or falling in Maldives?
- Over the last ten years it is up 122.9%. 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 Outstanding Deposits, Commercial Banks, of Which: Household Sector Deposits. Statizoid updates them automatically from the source API.
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About this data
Gender-disaggregated data on access to and use of financial services.