Public and publicly guaranteed debt service in Maldives
Maldives: Public and publicly guaranteed debt service was 6.8% in 2024. ◆ Volatile
Public and publicly guaranteed debt service in Maldives, 1978–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of GNI.
Analysis
The most recent figure for public and publicly guaranteed debt service in Maldives is 6.8%, measured in 2024.
The figure is down 3.5% on the previous year and up 37.4% over ten years.
Over the whole period, public and publicly guaranteed debt service in Maldives peaked at 17.0% in 1984 and was at its lowest, 0.2%, in 1978.
That places Maldives 5th out of 123 countries with data for 2024, putting it in the top 10%.
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 GNI | Change |
|---|---|---|
| 1978 | 0.2% | — |
| 1979 | 0.2% | +12.6% |
| 1980 | 0.8% | +232.0% |
| 1981 | 1.7% | +125.3% |
| 1982 | 3.7% | +116.5% |
| 1983 | 8.5% | +127.5% |
| 1984 | 17.0% | +100.8% |
| 1985 | 7.5% | -56.2% |
| 1986 | 9.3% | +24.8% |
| 1987 | 5.4% | -41.7% |
| 1988 | 5.4% | -0.2% |
| 1989 | 5.0% | -7.4% |
| 1990 | 3.8% | -24.7% |
| 1991 | 3.2% | -14.9% |
| 1992 | 2.7% | -15.4% |
| 1993 | 2.9% | +7.4% |
| 1994 | 3.0% | +2.0% |
| 1995 | 2.8% | -5.4% |
| 1996 | 2.7% | -4.6% |
| 1997 | 5.9% | +118.6% |
| 1998 | 3.0% | -48.4% |
| 1999 | 3.0% | -1.0% |
| 2000 | 3.1% | +4.7% |
| 2001 | 2.4% | -23.3% |
| 2002 | 2.4% | -0.6% |
| 2003 | 2.0% | -14.7% |
| 2004 | 2.4% | +15.7% |
| 2005 | 2.6% | +8.9% |
| 2006 | 1.9% | -25.9% |
| 2007 | 2.4% | +27.7% |
| 2008 | 2.5% | +4.1% |
| 2009 | 2.7% | +6.5% |
| 2010 | 2.6% | -2.3% |
| 2011 | 3.1% | +17.3% |
| 2012 | 3.0% | -4.4% |
| 2013 | 2.2% | -25.2% |
| 2014 | 5.0% | +124.4% |
| 2015 | 2.5% | -49.7% |
| 2016 | 2.4% | -3.7% |
| 2017 | 2.6% | +9.9% |
| 2018 | 7.9% | +199.1% |
| 2019 | 8.0% | +0.7% |
| 2020 | 7.8% | -2.5% |
| 2021 | 15.7% | +102.3% |
| 2022 | 11.0% | -29.7% |
| 2023 | 7.1% | -36.0% |
| 2024 | 6.8% | -3.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.2% | 0.2% | 0.2% | 2 |
| 1980s | 6.4% | 0.8% | 17.0% | 10 |
| 1990s | 3.3% | 2.7% | 5.9% | 10 |
| 2000s | 2.5% | 1.9% | 3.1% | 10 |
| 2010s | 3.9% | 2.2% | 8.0% | 10 |
| 2020s | 9.7% | 6.8% | 15.7% | 5 |
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)
- 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)
- Net financial flows, IDA (NFL, current US$), annual growth rate -201.84 % change on previous year (2024)
Frequently asked questions
- What is public and publicly guaranteed debt service in Maldives?
- Public and publicly guaranteed debt service in Maldives was 6.8% 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 17.0% in 1984.
- What is the lowest public and publicly guaranteed debt service recorded in Maldives?
- The lowest recorded value was 0.2% in 1978.
- How does Maldives rank for public and publicly guaranteed debt service?
- Maldives ranks 5th out of 123 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 37.4%. 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 GNI). Statizoid updates them automatically from the source API.
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About this data
Public and publicly guaranteed debt service to gross national 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. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.