External debt as a share of gni in Maldives
Maldives: External debt as a share of gni was 68.73 in 2023. ▲ Rising
Latest (2023)
68.73
Change on year
down 5.9%
World rank
28th
of 118 countries
All-time high
107.47
in 2020
All-time low
26.44
in 2015
Years of data
24
2000–2023
External debt as a share of gni in Maldives, 2000–2023
Source: Our World in Data.
Analysis
In 2023, external debt as a share of gni in Maldives stood at 68.73.
That represents a change of down 5.9% on the previous year and up 96.7% over ten years.
Over the whole period, external debt as a share of gni in Maldives peaked at 107.47 in 2020 and was at its lowest, 26.44, in 2015.
That places Maldives 28th out of 118 countries with data for 2023, putting it in the top quarter.
The long-run direction has been consistently rising across the 24 years of available data.
External debt as a share of gni in Maldives, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 34.16 | — |
| 2001 | 27.56 | -19.3% |
| 2002 | 30.86 | +12.0% |
| 2003 | 28.81 | -6.6% |
| 2004 | 28.47 | -1.2% |
| 2005 | 31.99 | +12.4% |
| 2006 | 36.07 | +12.8% |
| 2007 | 48.61 | +34.8% |
| 2008 | 57.64 | +18.6% |
| 2009 | 66.16 | +14.8% |
| 2010 | 40.13 | -39.3% |
| 2011 | 35.52 | -11.5% |
| 2012 | 35.92 | +1.1% |
| 2013 | 34.95 | -2.7% |
| 2014 | 32.94 | -5.8% |
| 2015 | 26.44 | -19.7% |
| 2016 | 28.04 | +6.1% |
| 2017 | 33 | +17.7% |
| 2018 | 47.26 | +43.2% |
| 2019 | 51.77 | +9.5% |
| 2020 | 107.47 | +107.6% |
| 2021 | 86.9 | -19.1% |
| 2022 | 73.05 | -15.9% |
| 2023 | 68.73 | -5.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 39.03 | 27.56 | 66.16 | 10 |
| 2010s | 36.6 | 26.44 | 51.77 | 10 |
| 2020s | 84.04 | 68.73 | 107.47 | 4 |
Countries ranked near Maldives
- 25 El Salvador 71.35 compare
- 26 Kazakhstan 68.99 compare
- 27 Lesotho 68.92 compare
- 29 Armenia 67.59 compare
- 30 Sao Tome and Principe 66.25 compare
- 31 Fiji 65.25 compare
More economy & growth data for Maldives
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.5 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.5 Percent per annum (2029)
- GDP (constant 2015 US$), annual growth rate 6.31 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.8552 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 12,499 constant 2015 US$ per person (2025)
- GDP (constant LCU), annual growth rate 6.31 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 13.8 constant LCU per US$ of GDP (2025)
- GDP (constant LCU), per capita 201,625 constant LCU per person (2025)
- Gross domestic savings (current US$), annual growth rate 3.17 % change on previous year (2024)
- Gross domestic savings (current US$), per unit of GDP 0.3075 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is external debt as a share of gni in Maldives?
- External debt as a share of gni in Maldives was 68.73 in 2023, according to Our World in Data.
- What is the highest external debt as a share of gni recorded in Maldives?
- The highest recorded value was 107.47 in 2020.
- What is the lowest external debt as a share of gni recorded in Maldives?
- The lowest recorded value was 26.44 in 2015.
- How does Maldives rank for external debt as a share of gni?
- Maldives ranks 28th out of 118 countries with data for 2023.
- Is external debt as a share of gni rising or falling in Maldives?
- Over the last ten years it is up 96.7%. The long-run trend across the full record is rising.
- Where does this Maldives data come from?
- The figures come from Our World in Data, published as part of External debt as a share of gni. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (Our World in Data).