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Public and publicly guaranteed debt service in Maldives

Maldives: Public and publicly guaranteed debt service was 7.8% in 2024. ◆ Volatile

Latest (2024)
7.8%
Change on year
down 7.0%
World rank
50th
of 120 countries
All-time high
18.9%
in 1984
All-time low
2.0%
in 1982
Years of data
43
1982–2024

Public and publicly guaranteed debt service in Maldives, 1982–2024

051015201982200320241982: 2 % of exports of goods, services and primary income1983: 5.5 % of exports of goods, services and primary income1984: 18.9 % of exports of goods, services and primary income1985: 9.3 % of exports of goods, services and primary income1986: 11.4 % of exports of goods, services and primary income1987: 5.7 % of exports of goods, services and primary income1988: 6.6 % of exports of goods, services and primary income1989: 5.6 % of exports of goods, services and primary income1990: 4 % of exports of goods, services and primary income1991: 3.6 % of exports of goods, services and primary income1992: 3 % of exports of goods, services and primary income1993: 3.7 % of exports of goods, services and primary income1994: 3.4 % of exports of goods, services and primary income1995: 3.3 % of exports of goods, services and primary income1996: 3.1 % of exports of goods, services and primary income1997: 6.9 % of exports of goods, services and primary income1998: 3.6 % of exports of goods, services and primary income1999: 3.8 % of exports of goods, services and primary income2000: 4 % of exports of goods, services and primary income2001: 4.3 % of exports of goods, services and primary income2002: 4.2 % of exports of goods, services and primary income2003: 3.5 % of exports of goods, services and primary income2004: 4 % of exports of goods, services and primary income2005: 5.9 % of exports of goods, services and primary income2006: 3.7 % of exports of goods, services and primary income2007: 2.1 % of exports of goods, services and primary income2008: 2.5 % of exports of goods, services and primary income2009: 3.3 % of exports of goods, services and primary income2010: 3 % of exports of goods, services and primary income2011: 3.1 % of exports of goods, services and primary income2012: 3.1 % of exports of goods, services and primary income2013: 2.2 % of exports of goods, services and primary income2014: 5 % of exports of goods, services and primary income2015: 3 % of exports of goods, services and primary income2016: 3.1 % of exports of goods, services and primary income2017: 3.5 % of exports of goods, services and primary income2018: 10.8 % of exports of goods, services and primary income2019: 10.9 % of exports of goods, services and primary income2020: 14.7 % of exports of goods, services and primary income2021: 18.5 % of exports of goods, services and primary income2022: 11.8 % of exports of goods, services and primary income2023: 8.4 % of exports of goods, services and primary income2024: 7.8 % of exports of goods, services and primary income

Source: International Debt Statistics, World Bank (WB). Measured in % of exports of goods, services and primary income.

Analysis

The most recent figure for public and publicly guaranteed debt service in Maldives is 7.8%, measured in 2024.

The figure is down 7.0% on the previous year and up 55.6% over ten years.

Over the whole period, public and publicly guaranteed debt service in Maldives peaked at 18.9% in 1984 and was at its lowest, 2.0%, in 1982.

That places Maldives 50th out of 120 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.

Public and publicly guaranteed debt service in Maldives, year by year

Year % of exports of goods, services and primary income Change
1982 2.0% —
1983 5.5% +171.3%
1984 18.9% +243.4%
1985 9.3% -50.8%
1986 11.4% +22.6%
1987 5.7% -49.9%
1988 6.6% +15.2%
1989 5.6% -15.0%
1990 4.0% -28.9%
1991 3.6% -8.7%
1992 3.0% -16.3%
1993 3.7% +22.7%
1994 3.4% -9.7%
1995 3.3% -1.9%
1996 3.1% -7.3%
1997 6.9% +124.7%
1998 3.6% -48.4%
1999 3.8% +6.0%
2000 4.0% +5.7%
2001 4.3% +8.1%
2002 4.2% -3.1%
2003 3.5% -15.8%
2004 4.0% +14.7%
2005 5.9% +45.8%
2006 3.7% -37.3%
2007 2.1% -42.8%
2008 2.5% +20.4%
2009 3.3% +29.2%
2010 3.0% -9.1%
2011 3.1% +4.9%
2012 3.1% -0.9%
2013 2.2% -28.3%
2014 5.0% +125.4%
2015 3.0% -40.1%
2016 3.1% +2.7%
2017 3.5% +14.0%
2018 10.8% +206.0%
2019 10.9% +1.4%
2020 14.7% +34.3%
2021 18.5% +26.2%
2022 11.8% -36.5%
2023 8.4% -28.6%
2024 7.8% -7.0%

Maldives compared with similar countries

  • Maldives's 7.8% is above the median for upper middle income countries, which is 7.4%, 1.1× the median. (51 countries reporting)
  • Maldives's 7.8% is below the median for South Asia, which is 9.3%, 85% of the median. (6 countries reporting)

Biggest year-on-year movements

Years where Public and publicly guaranteed debt service 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.

YearChange FromTo
1984 +243.4% 5.5% 18.9%
2018 +206.0% 3.5% 10.8%

Averages by decade

DecadeAverage LowestHighest Years
1980s 8.1% 2.0% 18.9% 8
1990s 3.8% 3.0% 6.9% 10
2000s 3.8% 2.1% 5.9% 10
2010s 4.8% 2.2% 10.9% 10
2020s 12.2% 7.8% 18.5% 5

Countries ranked near Maldives

  1. 47 Mongolia 8.0% compare
  2. 48 Paraguay 7.9% compare
  3. 49 Philippines 7.8% compare
  4. 51 Turkey 7.7% compare
  5. 52 Malawi 7.7% compare
  6. 53 Nicaragua 7.5% compare

See the full ranking of 152 places →

More external debt data for Maldives

All data for Maldives →

Frequently asked questions

What is public and publicly guaranteed debt service in Maldives?
Public and publicly guaranteed debt service in Maldives was 7.8% in 2024, according to International Debt Statistics, World Bank (WB).
What is the highest public and publicly guaranteed debt service recorded in Maldives?
The highest recorded value was 18.9% in 1984.
What is the lowest public and publicly guaranteed debt service recorded in Maldives?
The lowest recorded value was 2.0% in 1982.
How does Maldives rank for public and publicly guaranteed debt service?
Maldives ranks 50th out of 120 countries with data for 2024.
Is public and publicly guaranteed debt service rising or falling in Maldives?
Over the last ten years it is up 55.6%. 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 Public and publicly guaranteed debt service (% of exports of goods, services and primary income). Statizoid updates them automatically from the source API.

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Public and publicly guaranteed debt service in Maldives. Statizoid, drawing on International Debt Statistics, World Bank (WB). Retrieved 18 September 2026, from https://debt.statizoid.com/stat/public-and-publicly-guaranteed-debt-service-percent-of-exports-of-goods-services-and/maldives/

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About this data

Indicator
Public and publicly guaranteed debt service (% of exports of goods, services and primary income)
Unit
% of exports of goods, services and primary income
Source
International Debt Statistics, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
152 places, 5,881 data points, 1970–2024
Last refreshed

Public and publicly guaranteed debt service to exports of goods, services, and income. 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. Exports of goods, services and primary income is the sum of goods (merchandise) exports, exports of (nonfactor) services and income (factor) receipts.