Secondary income balance (credit less debit), Net (credits less) in Maldives
Maldives: Secondary income balance (credit less debit), Net (credits less) was -574.59 million in 2024. ◆ Volatile
Secondary income balance (credit less debit), Net (credits less) in Maldives, 2005–2024
Source: International Monetary Fund.
Analysis
The most recent figure for secondary income balance (credit less debit), net (credits less) in Maldives is -574.59 million, measured in 2024.
That represents a change of down 6.7% on the previous year and down 86.7% over ten years.
Over the whole period, secondary income balance (credit less debit), net (credits less) in Maldives peaked at 141.98 million in 2005 and was at its lowest, -628.83 million, in 2016.
Maldives ranks 159th of 197 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Secondary income balance (credit less debit), Net (credits less) in Maldives, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 141.98 million | — |
| 2006 | 8.17 million | -94.2% |
| 2007 | -156.53 million | -2015.8% |
| 2008 | -214.73 million | +37.2% |
| 2009 | -180.58 million | -15.9% |
| 2010 | -199.06 million | +10.2% |
| 2011 | -235.70 million | +18.4% |
| 2012 | -251.85 million | +6.9% |
| 2013 | -272.03 million | +8.0% |
| 2014 | -307.77 million | +13.1% |
| 2015 | -345.15 million | +12.1% |
| 2016 | -628.83 million | +82.2% |
| 2017 | -468.80 million | -25.4% |
| 2018 | -492.58 million | +5.1% |
| 2019 | -581.48 million | +18.0% |
| 2020 | -359.50 million | -38.2% |
| 2021 | -420.56 million | +17.0% |
| 2022 | -488.18 million | +16.1% |
| 2023 | -538.70 million | +10.3% |
| 2024 | -574.59 million | +6.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -80.34 million | -214.73 million | 141.98 million | 5 |
| 2010s | -378.33 million | -628.83 million | -199.06 million | 10 |
| 2020s | -476.31 million | -574.59 million | -359.50 million | 5 |
Countries ranked near Maldives
- 156 Cyprus -393.28 million compare
- 157 Luxembourg -479.99 million compare
- 158 Kazakhstan -484.53 million compare
- 160 Côte d'Ivoire -629.53 million compare
- 161 Brunei Darussalam -633.68 million compare
- 162 Mauritius -816.19 million compare
More financial sector data for Maldives
- Net domestic credit (current LCU), per capita 176,266 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 12.06 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 15.95 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 0 SDR (2025)
- Gold reserves at market value 0 SDR (2025)
- Reserves excluding gold, foreign exchange 713.71 million SDR (2025)
- Reserves excluding gold 718.93 million SDR (2025)
- Total reserves (gold at market value) 718.93 million SDR (2025)
- Total reserves (gold at national valuation) 718.93 million SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 1,357 SDR per person (2025)
Frequently asked questions
- What is secondary income balance (credit less debit), net (credits less) in Maldives?
- Secondary income balance (credit less debit), net (credits less) in Maldives was -574.59 million in 2024, according to International Monetary Fund.
- What is the highest secondary income balance (credit less debit), net (credits less) recorded in Maldives?
- The highest recorded value was 141.98 million in 2005.
- What is the lowest secondary income balance (credit less debit), net (credits less) recorded in Maldives?
- The lowest recorded value was -628.83 million in 2016.
- How does Maldives rank for secondary income balance (credit less debit), net (credits less)?
- Maldives ranks 159th out of 197 countries with data for 2024.
- Is secondary income balance (credit less debit), net (credits less) rising or falling in Maldives?
- Over the last ten years it is down 86.7%. 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 Secondary 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.