External debt stocks in Maldives
Maldives: External debt stocks was 75.6% in 2024. ◆ Volatile
External debt stocks in Maldives, 1978–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of GNI.
Analysis
The most recent figure for external debt stocks in Maldives is 75.6%, measured in 2024.
The figure is up 10.2% on the previous year and up 129.3% over ten years.
Over the whole period, external debt stocks in Maldives peaked at 155.1% in 1982 and was at its lowest, 26.4%, in 2015.
Maldives ranks 23rd of 122 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
External debt stocks in Maldives, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1978 | 41.9% | — |
| 1979 | 38.2% | -8.9% |
| 1980 | 69.7% | +82.6% |
| 1981 | 100.0% | +43.5% |
| 1982 | 155.1% | +55.1% |
| 1983 | 153.8% | -0.9% |
| 1984 | 87.8% | -42.9% |
| 1985 | 72.8% | -17.1% |
| 1986 | 57.2% | -21.5% |
| 1987 | 61.4% | +7.4% |
| 1988 | 45.1% | -26.5% |
| 1989 | 38.9% | -13.9% |
| 1990 | 40.2% | +3.5% |
| 1991 | 38.2% | -5.1% |
| 1992 | 38.1% | -0.1% |
| 1993 | 40.6% | +6.4% |
| 1994 | 39.4% | -2.9% |
| 1995 | 40.9% | +3.7% |
| 1996 | 39.3% | -3.9% |
| 1997 | 35.6% | -9.2% |
| 1998 | 37.8% | +6.1% |
| 1999 | 39.3% | +3.9% |
| 2000 | 34.2% | -13.0% |
| 2001 | 27.6% | -19.3% |
| 2002 | 30.9% | +12.0% |
| 2003 | 28.8% | -6.6% |
| 2004 | 28.5% | -1.2% |
| 2005 | 32.0% | +12.3% |
| 2006 | 36.1% | +12.8% |
| 2007 | 48.6% | +34.8% |
| 2008 | 57.6% | +18.6% |
| 2009 | 66.2% | +14.8% |
| 2010 | 40.1% | -39.3% |
| 2011 | 35.5% | -11.5% |
| 2012 | 35.9% | +1.1% |
| 2013 | 35.0% | -2.7% |
| 2014 | 32.9% | -5.7% |
| 2015 | 26.4% | -19.7% |
| 2016 | 28.0% | +6.0% |
| 2017 | 33.0% | +17.7% |
| 2018 | 47.3% | +43.2% |
| 2019 | 51.8% | +9.6% |
| 2020 | 107.5% | +107.6% |
| 2021 | 86.9% | -19.1% |
| 2022 | 73.0% | -16.0% |
| 2023 | 68.6% | -6.1% |
| 2024 | 75.6% | +10.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 40.0% | 38.2% | 41.9% | 2 |
| 1980s | 84.2% | 38.9% | 155.1% | 10 |
| 1990s | 38.9% | 35.6% | 40.9% | 10 |
| 2000s | 39.0% | 27.6% | 66.2% | 10 |
| 2010s | 36.6% | 26.4% | 51.8% | 10 |
| 2020s | 82.3% | 68.6% | 107.5% | 5 |
Countries ranked near Maldives
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)
- Manufacturing, value added (current US$), per unit of GDP 0.0179 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 261.2 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 0.2755 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 4,027 current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.0146 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 213.97 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant LCU), per capita 3,462 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 11.2 % change on previous year (2025)
Frequently asked questions
- What is external debt stocks in Maldives?
- External debt stocks in Maldives was 75.6% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest external debt stocks recorded in Maldives?
- The highest recorded value was 155.1% in 1982.
- What is the lowest external debt stocks recorded in Maldives?
- The lowest recorded value was 26.4% in 2015.
- How does Maldives rank for external debt stocks?
- Maldives ranks 23rd out of 122 countries with data for 2024.
- Is external debt stocks rising or falling in Maldives?
- Over the last ten years it is up 129.3%. 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 External debt stocks (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Total external debt stocks to gross national income. Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt. Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. 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.