Gross debt, General government, Domestic currency in Maldives
Maldives: Gross debt, General government, Domestic currency was 224.26 billion in 2031. ◆ Volatile
Gross debt, General government, Domestic currency in Maldives, 1997–2031
Source: International Monetary Fund.
Analysis
In 2031, gross debt, general government, domestic currency in Maldives stood at 224.26 billion. That is the highest value across all 35 years on record.
That represents a change of up 5.4% on the previous year and up 125.0% over ten years.
Over the whole period, gross debt, general government, domestic currency in Maldives peaked at 224.26 billion in 2031 and was at its lowest, 2.93 billion, in 1997.
Maldives ranks 20th of 26 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross debt, General government, Domestic currency in Maldives, year by year
| Year | Value | Change |
|---|---|---|
| 1997 | 2.93 billion | — |
| 1998 | 3.20 billion | +9.5% |
| 1999 | 3.47 billion | +8.2% |
| 2000 | 3.68 billion | +6.1% |
| 2001 | 4.11 billion | +11.7% |
| 2002 | 4.69 billion | +14.2% |
| 2003 | 5.06 billion | +7.9% |
| 2004 | 5.45 billion | +7.5% |
| 2005 | 6.43 billion | +18.1% |
| 2006 | 7.42 billion | +15.3% |
| 2007 | 8.57 billion | +15.5% |
| 2008 | 11.33 billion | +32.2% |
| 2009 | 14.53 billion | +28.2% |
| 2010 | 17.47 billion | +20.3% |
| 2011 | 21.01 billion | +20.2% |
| 2012 | 25.33 billion | +20.6% |
| 2013 | 28.33 billion | +11.8% |
| 2014 | 31.31 billion | +10.5% |
| 2015 | 34.80 billion | +11.1% |
| 2016 | 41.94 billion | +20.5% |
| 2017 | 47.25 billion | +12.7% |
| 2018 | 58.77 billion | +24.4% |
| 2019 | 68.00 billion | +15.7% |
| 2020 | 88.89 billion | +30.7% |
| 2021 | 99.65 billion | +12.1% |
| 2022 | 106.09 billion | +6.5% |
| 2023 | 124.69 billion | +17.5% |
| 2024 | 144.88 billion | +16.2% |
| 2025 | 148.14 billion | +2.3% |
| 2026 | 162.08 billion | +9.4% |
| 2027 | 174.12 billion | +7.4% |
| 2028 | 186.61 billion | +7.2% |
| 2029 | 199.57 billion | +6.9% |
| 2030 | 212.85 billion | +6.7% |
| 2031 | 224.26 billion | +5.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.20 billion | 2.93 billion | 3.47 billion | 3 |
| 2000s | 7.13 billion | 3.68 billion | 14.53 billion | 10 |
| 2010s | 37.42 billion | 17.47 billion | 68.00 billion | 10 |
| 2020s | 143.47 billion | 88.89 billion | 199.57 billion | 10 |
| 2030s | 218.56 billion | 212.85 billion | 224.26 billion | 2 |
Countries ranked near Maldives
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 gross debt, general government, domestic currency in Maldives?
- Gross debt, general government, domestic currency in Maldives was 224.26 billion in 2031, according to International Monetary Fund.
- What is the highest gross debt, general government, domestic currency recorded in Maldives?
- The highest recorded value was 224.26 billion in 2031.
- What is the lowest gross debt, general government, domestic currency recorded in Maldives?
- The lowest recorded value was 2.93 billion in 1997.
- How does Maldives rank for gross debt, general government, domestic currency?
- Maldives ranks 20th out of 26 countries with data for 2031.
- Is gross debt, general government, domestic currency rising or falling in Maldives?
- Over the last ten years it is up 125.0%. 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 Gross debt, General government, Domestic currency (9/26/2025). Statizoid updates them automatically from the source API.
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About this data
The World Economic Outlook (WEO) database is created during the biannual WEO exercise, which begins in January and June of each year and results in the April and September/October WEO publication. Selected series from the publication are available in a database format.