Multilateral debt service in Maldives
Maldives: Multilateral debt service was 24.2% in 2024. ▲ Rising
Multilateral debt service in Maldives, 1978–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of public and publicly guaranteed debt service.
Analysis
In 2024, multilateral debt service in Maldives stood at 24.2%.
That represents a change of up 54.9% on the previous year and up 197.1% over ten years.
Over the whole period, multilateral debt service in Maldives peaked at 52.7% in 1986 and was at its lowest, 2.8%, in 1980.
That places Maldives 94th out of 123 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 47 years of available data.
Multilateral debt service in Maldives, year by year
| Year | % of public and publicly guaranteed debt service | Change |
|---|---|---|
| 1978 | 6.9% | — |
| 1979 | 5.2% | -25.2% |
| 1980 | 2.8% | -45.3% |
| 1981 | 4.0% | +42.4% |
| 1982 | 5.5% | +36.4% |
| 1983 | 24.6% | +347.3% |
| 1984 | 11.6% | -52.6% |
| 1985 | 26.4% | +126.6% |
| 1986 | 52.7% | +99.8% |
| 1987 | 22.7% | -56.9% |
| 1988 | 17.1% | -24.9% |
| 1989 | 19.6% | +14.7% |
| 1990 | 24.5% | +25.0% |
| 1991 | 24.7% | +0.8% |
| 1992 | 25.3% | +2.7% |
| 1993 | 25.0% | -1.3% |
| 1994 | 23.1% | -7.7% |
| 1995 | 21.8% | -5.6% |
| 1996 | 21.9% | +0.5% |
| 1997 | 9.2% | -57.7% |
| 1998 | 18.5% | +100.1% |
| 1999 | 21.2% | +14.4% |
| 2000 | 20.5% | -3.1% |
| 2001 | 19.6% | -4.4% |
| 2002 | 21.7% | +10.5% |
| 2003 | 23.0% | +6.3% |
| 2004 | 22.2% | -3.8% |
| 2005 | 21.2% | -4.3% |
| 2006 | 22.1% | +4.1% |
| 2007 | 31.1% | +40.6% |
| 2008 | 38.9% | +25.4% |
| 2009 | 31.6% | -18.8% |
| 2010 | 35.9% | +13.5% |
| 2011 | 30.8% | -14.3% |
| 2012 | 23.2% | -24.5% |
| 2013 | 27.4% | +17.8% |
| 2014 | 8.1% | -70.2% |
| 2015 | 20.2% | +147.8% |
| 2016 | 21.7% | +7.4% |
| 2017 | 14.5% | -33.1% |
| 2018 | 46.4% | +220.0% |
| 2019 | 44.7% | -3.6% |
| 2020 | 36.6% | -18.3% |
| 2021 | 20.2% | -44.8% |
| 2022 | 7.5% | -62.8% |
| 2023 | 15.6% | +108.2% |
| 2024 | 24.2% | +54.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 6.0% | 5.2% | 6.9% | 2 |
| 1980s | 18.7% | 2.8% | 52.7% | 10 |
| 1990s | 21.5% | 9.2% | 25.3% | 10 |
| 2000s | 25.2% | 19.6% | 38.9% | 10 |
| 2010s | 27.3% | 8.1% | 46.4% | 10 |
| 2020s | 20.8% | 7.5% | 36.6% | 5 |
Countries ranked near Maldives
- 91 Azerbaijan 25.5% compare
- 92 Dominican Republic 24.6% compare
- 93 El Salvador 24.5% compare
- 95 Mongolia 23.4% compare
- 96 Thailand 23.0% compare
- 97 Benin 21.0% 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 multilateral debt service in Maldives?
- Multilateral debt service in Maldives was 24.2% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest multilateral debt service recorded in Maldives?
- The highest recorded value was 52.7% in 1986.
- What is the lowest multilateral debt service recorded in Maldives?
- The lowest recorded value was 2.8% in 1980.
- How does Maldives rank for multilateral debt service?
- Maldives ranks 94th out of 123 countries with data for 2024.
- Is multilateral debt service rising or falling in Maldives?
- Over the last ten years it is up 197.1%. The long-run trend across the full record is rising.
- Where does this Maldives data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Multilateral debt service (% of public and publicly guaranteed debt service). Statizoid updates them automatically from the source API.
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About this data
Multilateral debt service is the repayment of principal and interest to the World Bank, regional development banks, and other multilateral agencies. public and publicly guaranteed debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term obligations of public debtors and long-term private obligations guaranteed by a public entity.