Debt service on external debt, total in Maldives
Maldives: Debt service on external debt, total was 501.52 million TDS, current US$ in 2024. ◆ Volatile
Latest (2024)
501.52 million TDS, current US$
Change on year
up 0.3%
World rank
77th
of 122 countries
All-time high
802.41 million TDS, current US$
in 2021
All-time low
535,822 TDS, current US$
in 1980
Years of data
47
1978–2024
Debt service on external debt, total in Maldives, 1978–2024
Source: International Debt Statistics, World Bank (WB). Measured in TDS, current US$.
Analysis
Maldives recorded 501.52 million TDS, current US$ for debt service on external debt, total in 2024.
The figure is up 0.3% on the previous year and up 182.3% over ten years.
Over the whole period, debt service on external debt, total in Maldives peaked at 802.41 million TDS, current US$ in 2021 and was at its lowest, 535,822 TDS, current US$, in 1980.
Maldives ranks 77th of 122 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Debt service on external debt, total in Maldives, year by year
| Year | TDS, current US$ | Change |
|---|---|---|
| 1978 | 727,379 TDS, current US$ | — |
| 1979 | 587,350 TDS, current US$ | -19.3% |
| 1980 | 535,822 TDS, current US$ | -8.8% |
| 1981 | 2.54 million TDS, current US$ | +373.5% |
| 1982 | 4.07 million TDS, current US$ | +60.3% |
| 1983 | 7.42 million TDS, current US$ | +82.4% |
| 1984 | 19.18 million TDS, current US$ | +158.5% |
| 1985 | 10.28 million TDS, current US$ | -46.4% |
| 1986 | 11.85 million TDS, current US$ | +15.3% |
| 1987 | 7.32 million TDS, current US$ | -38.2% |
| 1988 | 9.71 million TDS, current US$ | +32.6% |
| 1989 | 9.71 million TDS, current US$ | -0.0% |
| 1990 | 8.83 million TDS, current US$ | -9.1% |
| 1991 | 7.52 million TDS, current US$ | -14.8% |
| 1992 | 7.12 million TDS, current US$ | -5.3% |
| 1993 | 8.36 million TDS, current US$ | +17.5% |
| 1994 | 9.46 million TDS, current US$ | +13.1% |
| 1995 | 10.83 million TDS, current US$ | +14.5% |
| 1996 | 11.71 million TDS, current US$ | +8.1% |
| 1997 | 28.63 million TDS, current US$ | +144.4% |
| 1998 | 15.94 million TDS, current US$ | -44.3% |
| 1999 | 17.70 million TDS, current US$ | +11.0% |
| 2000 | 19.74 million TDS, current US$ | +11.6% |
| 2001 | 21.81 million TDS, current US$ | +10.5% |
| 2002 | 21.62 million TDS, current US$ | -0.9% |
| 2003 | 21.77 million TDS, current US$ | +0.7% |
| 2004 | 29.21 million TDS, current US$ | +34.1% |
| 2005 | 31.32 million TDS, current US$ | +7.2% |
| 2006 | 45.19 million TDS, current US$ | +44.3% |
| 2007 | 73.99 million TDS, current US$ | +63.7% |
| 2008 | 92.78 million TDS, current US$ | +25.4% |
| 2009 | 98.27 million TDS, current US$ | +5.9% |
| 2010 | 73.28 million TDS, current US$ | -25.4% |
| 2011 | 83.54 million TDS, current US$ | +14.0% |
| 2012 | 83.48 million TDS, current US$ | -0.1% |
| 2013 | 120.79 million TDS, current US$ | +44.7% |
| 2014 | 177.67 million TDS, current US$ | +47.1% |
| 2015 | 138.27 million TDS, current US$ | -22.2% |
| 2016 | 135.20 million TDS, current US$ | -2.2% |
| 2017 | 161.57 million TDS, current US$ | +19.5% |
| 2018 | 439.31 million TDS, current US$ | +171.9% |
| 2019 | 458.11 million TDS, current US$ | +4.3% |
| 2020 | 314.50 million TDS, current US$ | -31.3% |
| 2021 | 802.41 million TDS, current US$ | +155.1% |
| 2022 | 694.65 million TDS, current US$ | -13.4% |
| 2023 | 499.79 million TDS, current US$ | -28.1% |
| 2024 | 501.52 million TDS, current US$ | +0.3% |
Maldives compared with similar countries
- Maldives's 501.52 million TDS, current US$ is below the median for upper middle income countries, which is 2.21 billion TDS, current US$, 23% of the median. (52 countries reporting)
- Maldives's 501.52 million TDS, current US$ is below the median for South Asia, which is 2.67 billion TDS, current US$, 19% of the median. (6 countries reporting)
Biggest year-on-year movements
Years where Debt service on external debt, total in Maldives changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1981 | +373.5% | 535,822 TDS, current US$ | 2.54 million TDS, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 657,364 TDS, current US$ | 587,350 TDS, current US$ | 727,379 TDS, current US$ | 2 |
| 1980s | 8.26 million TDS, current US$ | 535,822 TDS, current US$ | 19.18 million TDS, current US$ | 10 |
| 1990s | 12.61 million TDS, current US$ | 7.12 million TDS, current US$ | 28.63 million TDS, current US$ | 10 |
| 2000s | 45.57 million TDS, current US$ | 19.74 million TDS, current US$ | 98.27 million TDS, current US$ | 10 |
| 2010s | 187.12 million TDS, current US$ | 73.28 million TDS, current US$ | 458.11 million TDS, current US$ | 10 |
| 2020s | 562.57 million TDS, current US$ | 314.50 million TDS, current US$ | 802.41 million TDS, current US$ | 5 |
Countries ranked near Maldives
- 74 Tajikistan 573.62 million TDS, current US$ compare
- 75 Haiti 543.00 million TDS, current US$ compare
- 76 Nepal 536.99 million TDS, current US$ compare
- 78 Democratic Republic of Congo 471.11 million TDS, current US$ compare
- 79 Algeria 444.97 million TDS, current US$ compare
- 80 Guinea 438.62 million TDS, current US$ compare
More external debt data for Maldives
- IFC, private nonguaranteed 3.20 million NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 6.06 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0.0005 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre -4,576 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 6.8% (2024)
- Net financial flows, IDA -1.72 million NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per capita -3.25 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP -0.0002 NFL, current US$ per US$ of GDP (2024)
- Public and publicly guaranteed debt service 7.8% (2024)
- Net financial flows, IDA (NFL, current US$), per square kilometre 5,658 NFL, current US$ per square kilometre (2023)
Frequently asked questions
- What is debt service on external debt, total in Maldives?
- Debt service on external debt, total in Maldives was 501.52 million TDS, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest debt service on external debt, total recorded in Maldives?
- The highest recorded value was 802.41 million TDS, current US$ in 2021.
- What is the lowest debt service on external debt, total recorded in Maldives?
- The lowest recorded value was 535,822 TDS, current US$ in 1980.
- How does Maldives rank for debt service on external debt, total?
- Maldives ranks 77th out of 122 countries with data for 2024.
- Is debt service on external debt, total rising or falling in Maldives?
- Over the last ten years it is up 182.3%. The long-run trend across the full record is volatile.
- Where does this Maldives data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Debt service on external debt, total (TDS, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 47 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Total debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term debt, interest paid on short-term debt, and repayments (repurchases and charges) to the IMF. Data are in current U.S. dollars.