External debt stocks, public and publicly guaranteed (PPG) (DOD) in Maldives
Maldives: External debt stocks, public and publicly guaranteed (PPG) (DOD) was 4.12 billion DOD, current US$ in 2024. ◆ Volatile
External debt stocks, public and publicly guaranteed (PPG) in Maldives, 1978–2024
Source: International Debt Statistics, World Bank (WB). Measured in DOD, current US$.
Analysis
Maldives recorded 4.12 billion DOD, current US$ for external debt stocks, public and publicly guaranteed (ppg) in 2024. That is the highest value across all 47 years on record.
That represents a change of up 20.4% on the previous year and up 450.9% over ten years.
Over the whole period, external debt stocks, public and publicly guaranteed (ppg) in Maldives peaked at 4.12 billion DOD, current US$ in 2024 and was at its lowest, 3.87 million DOD, current US$, in 1978.
That places Maldives 77th out of 123 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
External debt stocks, public and publicly guaranteed (PPG) (DOD) in Maldives, year by year
| Year | DOD, current US$ | Change |
|---|---|---|
| 1978 | 3.87 million DOD, current US$ | — |
| 1979 | 6.80 million DOD, current US$ | +75.5% |
| 1980 | 24.76 million DOD, current US$ | +264.2% |
| 1981 | 36.89 million DOD, current US$ | +49.0% |
| 1982 | 42.07 million DOD, current US$ | +14.1% |
| 1983 | 48.22 million DOD, current US$ | +14.6% |
| 1984 | 49.81 million DOD, current US$ | +3.3% |
| 1985 | 49.07 million DOD, current US$ | -1.5% |
| 1986 | 58.69 million DOD, current US$ | +19.6% |
| 1987 | 61.84 million DOD, current US$ | +5.4% |
| 1988 | 59.36 million DOD, current US$ | -4.0% |
| 1989 | 54.40 million DOD, current US$ | -8.4% |
| 1990 | 63.96 million DOD, current US$ | +17.6% |
| 1991 | 78.04 million DOD, current US$ | +22.0% |
| 1992 | 90.52 million DOD, current US$ | +16.0% |
| 1993 | 109.33 million DOD, current US$ | +20.8% |
| 1994 | 122.53 million DOD, current US$ | +12.1% |
| 1995 | 151.92 million DOD, current US$ | +24.0% |
| 1996 | 163.53 million DOD, current US$ | +7.6% |
| 1997 | 164.33 million DOD, current US$ | +0.5% |
| 1998 | 183.40 million DOD, current US$ | +11.6% |
| 1999 | 194.05 million DOD, current US$ | +5.8% |
| 2000 | 184.66 million DOD, current US$ | -4.8% |
| 2001 | 180.67 million DOD, current US$ | -2.2% |
| 2002 | 222.46 million DOD, current US$ | +23.1% |
| 2003 | 258.50 million DOD, current US$ | +16.2% |
| 2004 | 306.80 million DOD, current US$ | +18.7% |
| 2005 | 299.76 million DOD, current US$ | -2.3% |
| 2006 | 354.28 million DOD, current US$ | +18.2% |
| 2007 | 416.44 million DOD, current US$ | +17.5% |
| 2008 | 469.89 million DOD, current US$ | +12.8% |
| 2009 | 542.72 million DOD, current US$ | +15.5% |
| 2010 | 627.81 million DOD, current US$ | +15.7% |
| 2011 | 675.19 million DOD, current US$ | +7.5% |
| 2012 | 720.03 million DOD, current US$ | +6.6% |
| 2013 | 874.66 million DOD, current US$ | +21.5% |
| 2014 | 747.03 million DOD, current US$ | -14.6% |
| 2015 | 685.30 million DOD, current US$ | -8.3% |
| 2016 | 911.81 million DOD, current US$ | +33.1% |
| 2017 | 1.23 billion DOD, current US$ | +35.3% |
| 2018 | 2.00 billion DOD, current US$ | +62.3% |
| 2019 | 2.23 billion DOD, current US$ | +11.1% |
| 2020 | 2.85 billion DOD, current US$ | +28.1% |
| 2021 | 3.13 billion DOD, current US$ | +9.9% |
| 2022 | 3.07 billion DOD, current US$ | -2.1% |
| 2023 | 3.42 billion DOD, current US$ | +11.4% |
| 2024 | 4.12 billion DOD, current US$ | +20.4% |
Maldives compared with similar countries
- Maldives's 4.12 billion DOD, current US$ is below the median for upper middle income countries, which is 9.67 billion DOD, current US$, 43% of the median. (52 countries reporting)
- Maldives's 4.12 billion DOD, current US$ is below the median for South Asia, which is 24.21 billion DOD, current US$, 17% of the median. (6 countries reporting)
Biggest year-on-year movements
Years where External debt stocks, public and publicly guaranteed (PPG) (DOD) in Maldives changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1980 | +264.2% | 6.80 million DOD, current US$ | 24.76 million DOD, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.34 million DOD, current US$ | 3.87 million DOD, current US$ | 6.80 million DOD, current US$ | 2 |
| 1980s | 48.51 million DOD, current US$ | 24.76 million DOD, current US$ | 61.84 million DOD, current US$ | 10 |
| 1990s | 132.16 million DOD, current US$ | 63.96 million DOD, current US$ | 194.05 million DOD, current US$ | 10 |
| 2000s | 323.62 million DOD, current US$ | 180.67 million DOD, current US$ | 542.72 million DOD, current US$ | 10 |
| 2010s | 1.07 billion DOD, current US$ | 627.81 million DOD, current US$ | 2.23 billion DOD, current US$ | 10 |
| 2020s | 3.32 billion DOD, current US$ | 2.85 billion DOD, current US$ | 4.12 billion DOD, current US$ | 5 |
Countries ranked near Maldives
- 74 Niger 4.53 billion DOD, current US$ compare
- 75 Montenegro 4.51 billion DOD, current US$ compare
- 76 Kyrgyzstan 4.22 billion DOD, current US$ compare
- 78 Guinea 4.09 billion DOD, current US$ compare
- 79 Mauritania 3.61 billion DOD, current US$ compare
- 80 Syria 3.41 billion DOD, 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 external debt stocks, public and publicly guaranteed (ppg) in Maldives?
- External debt stocks, public and publicly guaranteed (ppg) in Maldives was 4.12 billion DOD, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest external debt stocks, public and publicly guaranteed (ppg) recorded in Maldives?
- The highest recorded value was 4.12 billion DOD, current US$ in 2024.
- What is the lowest external debt stocks, public and publicly guaranteed (ppg) recorded in Maldives?
- The lowest recorded value was 3.87 million DOD, current US$ in 1978.
- How does Maldives rank for external debt stocks, public and publicly guaranteed (ppg)?
- Maldives ranks 77th out of 123 countries with data for 2024.
- Is external debt stocks, public and publicly guaranteed (ppg) rising or falling in Maldives?
- Over the last ten years it is up 450.9%. 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 External debt stocks, public and publicly guaranteed (PPG) (DOD, 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
Public and publicly guaranteed debt comprises long-term external obligations of public debtors, including the national government, Public Corporations, State Owned Enterprises, Development Banks and Other Mixed Enterprises, political subdivisions (or an agency of either), autonomous public bodies, and external obligations of private debtors that are guaranteed for repayment by a public entity. Data are in current U.S. dollars.