External debt stocks, total in Maldives
Maldives: External debt stocks, total was 4.69 billion DOD, current US$ in 2024. ◆ Volatile
External debt stocks, total in Maldives, 1978–2024
Source: International Debt Statistics, World Bank (WB). Measured in DOD, current US$.
Analysis
In 2024, external debt stocks, total in Maldives stood at 4.69 billion DOD, current US$. That is the highest value across all 47 years on record.
That represents a change of up 17.3% on the previous year and up 326.2% over ten years.
Over the whole period, external debt stocks, total in Maldives peaked at 4.69 billion DOD, current US$ in 2024 and was at its lowest, 8.88 million DOD, current US$, in 1978.
Maldives ranks 84th of 122 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
External debt stocks, total in Maldives, year by year
| Year | DOD, current US$ | Change |
|---|---|---|
| 1978 | 8.88 million DOD, current US$ | — |
| 1979 | 12.81 million DOD, current US$ | +44.2% |
| 1980 | 25.76 million DOD, current US$ | +101.1% |
| 1981 | 38.89 million DOD, current US$ | +50.9% |
| 1982 | 65.07 million DOD, current US$ | +67.3% |
| 1983 | 77.22 million DOD, current US$ | +18.7% |
| 1984 | 82.81 million DOD, current US$ | +7.2% |
| 1985 | 83.07 million DOD, current US$ | +0.3% |
| 1986 | 68.69 million DOD, current US$ | -17.3% |
| 1987 | 72.84 million DOD, current US$ | +6.0% |
| 1988 | 71.36 million DOD, current US$ | -2.0% |
| 1989 | 66.80 million DOD, current US$ | -6.4% |
| 1990 | 77.96 million DOD, current US$ | +16.7% |
| 1991 | 81.24 million DOD, current US$ | +4.2% |
| 1992 | 94.90 million DOD, current US$ | +16.8% |
| 1993 | 112.35 million DOD, current US$ | +18.4% |
| 1994 | 123.53 million DOD, current US$ | +9.9% |
| 1995 | 154.87 million DOD, current US$ | +25.4% |
| 1996 | 168.21 million DOD, current US$ | +8.6% |
| 1997 | 171.33 million DOD, current US$ | +1.9% |
| 1998 | 193.60 million DOD, current US$ | +13.0% |
| 1999 | 219.24 million DOD, current US$ | +13.2% |
| 2000 | 203.02 million DOD, current US$ | -7.4% |
| 2001 | 233.03 million DOD, current US$ | +14.8% |
| 2002 | 269.85 million DOD, current US$ | +15.8% |
| 2003 | 292.92 million DOD, current US$ | +8.6% |
| 2004 | 339.66 million DOD, current US$ | +16.0% |
| 2005 | 362.26 million DOD, current US$ | +6.7% |
| 2006 | 553.53 million DOD, current US$ | +52.8% |
| 2007 | 771.85 million DOD, current US$ | +39.4% |
| 2008 | 1.15 billion DOD, current US$ | +48.6% |
| 2009 | 1.38 billion DOD, current US$ | +20.6% |
| 2010 | 913.69 million DOD, current US$ | -33.9% |
| 2011 | 880.68 million DOD, current US$ | -3.6% |
| 2012 | 939.04 million DOD, current US$ | +6.6% |
| 2013 | 1.02 billion DOD, current US$ | +9.1% |
| 2014 | 1.10 billion DOD, current US$ | +7.5% |
| 2015 | 1.00 billion DOD, current US$ | -8.8% |
| 2016 | 1.14 billion DOD, current US$ | +13.3% |
| 2017 | 1.47 billion DOD, current US$ | +28.8% |
| 2018 | 2.32 billion DOD, current US$ | +58.4% |
| 2019 | 2.67 billion DOD, current US$ | +15.2% |
| 2020 | 3.66 billion DOD, current US$ | +36.9% |
| 2021 | 4.10 billion DOD, current US$ | +12.0% |
| 2022 | 3.99 billion DOD, current US$ | -2.6% |
| 2023 | 4.00 billion DOD, current US$ | +0.2% |
| 2024 | 4.69 billion DOD, current US$ | +17.3% |
Maldives compared with similar countries
- Maldives's 4.69 billion DOD, current US$ is below the median for upper middle income countries, which is 18.94 billion DOD, current US$, 25% of the median. (52 countries reporting)
- Maldives's 4.69 billion DOD, current US$ is below the median for South Asia, which is 33.49 billion DOD, current US$, 14% of the median. (6 countries reporting)
Biggest year-on-year movements
Years where External debt stocks, total in Maldives changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1980 | +101.1% | 12.81 million DOD, current US$ | 25.76 million DOD, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 10.85 million DOD, current US$ | 8.88 million DOD, current US$ | 12.81 million DOD, current US$ | 2 |
| 1980s | 65.25 million DOD, current US$ | 25.76 million DOD, current US$ | 83.07 million DOD, current US$ | 10 |
| 1990s | 139.72 million DOD, current US$ | 77.96 million DOD, current US$ | 219.24 million DOD, current US$ | 10 |
| 2000s | 555.57 million DOD, current US$ | 203.02 million DOD, current US$ | 1.38 billion DOD, current US$ | 10 |
| 2010s | 1.35 billion DOD, current US$ | 880.68 million DOD, current US$ | 2.67 billion DOD, current US$ | 10 |
| 2020s | 4.09 billion DOD, current US$ | 3.66 billion DOD, current US$ | 4.69 billion DOD, current US$ | 5 |
Countries ranked near Maldives
- 81 Guinea 5.39 billion DOD, current US$ compare
- 82 Niger 5.31 billion DOD, current US$ compare
- 83 Syria 4.76 billion DOD, current US$ compare
- 85 Mauritania 4.46 billion DOD, current US$ compare
- 86 Kosovo 4.40 billion DOD, current US$ compare
- 86 Kosovo (UNSCR 1244) 4.40 billion DOD, current US$ 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 0 BoP, current US$ (1989)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0 BoP, current US$ per US$ of GDP (1989)
- Foreign direct investment, net outflows (BoP, current US$), per capita 0 BoP, current US$ per person (1989)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 806.20 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 5.13 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.1142 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,527 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 46.1 % change on previous year (2025)
Frequently asked questions
- What is external debt stocks, total in Maldives?
- External debt stocks, total in Maldives was 4.69 billion DOD, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest external debt stocks, total recorded in Maldives?
- The highest recorded value was 4.69 billion DOD, current US$ in 2024.
- What is the lowest external debt stocks, total recorded in Maldives?
- The lowest recorded value was 8.88 million DOD, current US$ in 1978.
- How does Maldives rank for external debt stocks, total?
- Maldives ranks 84th out of 122 countries with data for 2024.
- Is external debt stocks, total rising or falling in Maldives?
- Over the last ten years it is up 326.2%. 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, total (DOD, current US$). Statizoid updates them automatically from the source API.
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CSV · JSON — 47 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
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. Data are in current U.S. dollars.