Primary income balance (credit less debit), Net (credits less debits) in Maldives
Maldives: Primary income balance (credit less debit), Net (credits less debits) was -750.08 million in 2024. ◆ Volatile
Primary income balance (credit less debit), Net (credits less debits) in Maldives, 2005–2024
Source: International Monetary Fund.
Analysis
Maldives recorded -750.08 million for primary income balance (credit less debit), net (credits less debits) in 2024.
Compared with earlier readings it is up 0.9% on the previous year and down 111.2% over ten years.
Over the whole period, primary income balance (credit less debit), net (credits less debits) in Maldives peaked at -30.95 million in 2005 and was at its lowest, -756.85 million, in 2023.
Maldives ranks 98th of 197 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.
Primary income balance (credit less debit), Net (credits less debits) in Maldives, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -30.95 million | — |
| 2006 | -40.76 million | +31.7% |
| 2007 | -280.62 million | +588.5% |
| 2008 | -289.76 million | +3.3% |
| 2009 | -272.42 million | -6.0% |
| 2010 | -311.25 million | +14.3% |
| 2011 | -294.66 million | -5.3% |
| 2012 | -272.15 million | -7.6% |
| 2013 | -363.70 million | +33.6% |
| 2014 | -355.10 million | -2.4% |
| 2015 | -332.46 million | -6.4% |
| 2016 | -352.91 million | +6.2% |
| 2017 | -375.58 million | +6.4% |
| 2018 | -492.40 million | +31.1% |
| 2019 | -559.83 million | +13.7% |
| 2020 | -305.79 million | -45.4% |
| 2021 | -535.27 million | +75.0% |
| 2022 | -710.49 million | +32.7% |
| 2023 | -756.85 million | +6.5% |
| 2024 | -750.08 million | -0.9% |
Maldives compared with similar countries
- Maldives's -750.08 million is above the median for upper middle income countries, which is -890.41 million, 84% of the median. (54 countries reporting)
- Maldives's -750.08 million is above the median for South Asia, which is -1.67 billion, 45% of the median. (6 countries reporting)
Biggest year-on-year movements
Years where Primary income balance (credit less debit), Net (credits less debits) 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 | -588.5% | -40.76 million | -280.62 million |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -182.90 million | -289.76 million | -30.95 million | 5 |
| 2010s | -371.01 million | -559.83 million | -272.15 million | 10 |
| 2020s | -611.70 million | -756.85 million | -305.79 million | 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 primary income balance (credit less debit), net (credits less debits) in Maldives?
- Primary income balance (credit less debit), net (credits less debits) in Maldives was -750.08 million in 2024, according to International Monetary Fund.
- What is the highest primary income balance (credit less debit), net (credits less debits) recorded in Maldives?
- The highest recorded value was -30.95 million in 2005.
- What is the lowest primary income balance (credit less debit), net (credits less debits) recorded in Maldives?
- The lowest recorded value was -756.85 million in 2023.
- How does Maldives rank for primary income balance (credit less debit), net (credits less debits)?
- Maldives ranks 98th out of 197 countries with data for 2024.
- Is primary income balance (credit less debit), net (credits less debits) rising or falling in Maldives?
- Over the last ten years it is down 111.2%. 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 Primary income balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.