Outstanding Loans, Commercial Banks, of Which: Household Sector Loans in Maldives
Maldives: Outstanding Loans, Commercial Banks, of Which: Household Sector Loans was 15.62 billion in 2024. ◆ Volatile
Outstanding Loans, Commercial Banks, of Which: Household Sector Loans in Maldives, 2004–2024
Source: International Monetary Fund.
Analysis
Maldives recorded 15.62 billion for outstanding loans, commercial banks, of which: household sector loans in 2024. That is the highest value across all 21 years on record.
The figure is up 14.4% on the previous year and up 248.4% over ten years.
Over the whole period, outstanding loans, commercial banks, of which: household sector loans in Maldives peaked at 15.62 billion in 2024 and was at its lowest, 757.39 million, in 2004.
That places Maldives 98th out of 134 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Outstanding Loans, Commercial Banks, of Which: Household Sector Loans in Maldives, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 757.39 million | — |
| 2005 | 1.39 billion | +84.2% |
| 2006 | 2.11 billion | +51.6% |
| 2007 | 2.71 billion | +28.3% |
| 2008 | 3.14 billion | +15.6% |
| 2009 | 3.07 billion | -2.0% |
| 2010 | 3.06 billion | -0.3% |
| 2011 | 3.16 billion | +3.3% |
| 2012 | 3.12 billion | -1.4% |
| 2013 | 3.54 billion | +13.6% |
| 2014 | 4.48 billion | +26.7% |
| 2015 | 5.00 billion | +11.4% |
| 2016 | 6.30 billion | +26.0% |
| 2017 | 8.15 billion | +29.5% |
| 2018 | 9.62 billion | +18.0% |
| 2019 | 10.70 billion | +11.2% |
| 2020 | 11.46 billion | +7.2% |
| 2021 | 11.67 billion | +1.8% |
| 2022 | 12.46 billion | +6.7% |
| 2023 | 13.66 billion | +9.6% |
| 2024 | 15.62 billion | +14.4% |
Maldives compared with similar countries
- Maldives's 15.62 billion is below the median for upper middle income countries, which is 162.63 billion, 10% of the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.20 billion | 757.39 million | 3.14 billion | 6 |
| 2010s | 5.71 billion | 3.06 billion | 10.70 billion | 10 |
| 2020s | 12.97 billion | 11.46 billion | 15.62 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 loans, commercial banks, of which: household sector loans in Maldives?
- Outstanding loans, commercial banks, of which: household sector loans in Maldives was 15.62 billion in 2024, according to International Monetary Fund.
- What is the highest outstanding loans, commercial banks, of which: household sector loans recorded in Maldives?
- The highest recorded value was 15.62 billion in 2024.
- What is the lowest outstanding loans, commercial banks, of which: household sector loans recorded in Maldives?
- The lowest recorded value was 757.39 million in 2004.
- How does Maldives rank for outstanding loans, commercial banks, of which: household sector loans?
- Maldives ranks 98th out of 134 countries with data for 2024.
- Is outstanding loans, commercial banks, of which: household sector loans rising or falling in Maldives?
- Over the last ten years it is up 248.4%. 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 Loans, Commercial Banks, of Which: Household Sector Loans. 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.