Statizoid

Short-term debt in Maldives

Maldives: Short-term debt was 2.9% in 2024. ◆ Volatile

Latest (2024)
2.9%
Change on year
up 46.7%
World rank
93rd
of 119 countries
All-time high
38.9%
in 1984
All-time low
0.4%
in 1994
Years of data
43
1982–2024

Short-term debt in Maldives, 1982–2024

0102030401982200320241982: 29.9 % of exports of goods, services and primary income1983: 37.5 % of exports of goods, services and primary income1984: 38.9 % of exports of goods, services and primary income1985: 37.2 % of exports of goods, services and primary income1986: 10.2 % of exports of goods, services and primary income1987: 9.8 % of exports of goods, services and primary income1988: 9.2 % of exports of goods, services and primary income1989: 8.1 % of exports of goods, services and primary income1990: 7.6 % of exports of goods, services and primary income1991: 1.7 % of exports of goods, services and primary income1992: 2 % of exports of goods, services and primary income1993: 1.4 % of exports of goods, services and primary income1994: 0.361 % of exports of goods, services and primary income1995: 0.915 % of exports of goods, services and primary income1996: 1.2 % of exports of goods, services and primary income1997: 1.7 % of exports of goods, services and primary income1998: 2.3 % of exports of goods, services and primary income1999: 5.6 % of exports of goods, services and primary income2000: 3.9 % of exports of goods, services and primary income2001: 11 % of exports of goods, services and primary income2002: 9.4 % of exports of goods, services and primary income2003: 5.8 % of exports of goods, services and primary income2004: 4.6 % of exports of goods, services and primary income2005: 11.4 % of exports of goods, services and primary income2006: 12.4 % of exports of goods, services and primary income2007: 7.1 % of exports of goods, services and primary income2008: 23.4 % of exports of goods, services and primary income2009: 35.1 % of exports of goods, services and primary income2010: 7.1 % of exports of goods, services and primary income2011: 5.6 % of exports of goods, services and primary income2012: 3.9 % of exports of goods, services and primary income2013: 2.9 % of exports of goods, services and primary income2014: 4.3 % of exports of goods, services and primary income2015: 4.9 % of exports of goods, services and primary income2016: 4.1 % of exports of goods, services and primary income2017: 3.3 % of exports of goods, services and primary income2018: 6.6 % of exports of goods, services and primary income2019: 8.9 % of exports of goods, services and primary income2020: 22.7 % of exports of goods, services and primary income2021: 12.1 % of exports of goods, services and primary income2022: 8.8 % of exports of goods, services and primary income2023: 2 % of exports of goods, services and primary income2024: 2.9 % 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 short-term debt in Maldives is 2.9%, measured in 2024.

That represents a change of up 46.7% on the previous year and down 32.4% over ten years.

Over the whole period, short-term debt in Maldives peaked at 38.9% in 1984 and was at its lowest, 0.4%, in 1994.

That places Maldives 93rd out of 119 countries with data for 2024, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Short-term debt in Maldives, year by year

Year % of exports of goods, services and primary income Change
1982 29.9% —
1983 37.5% +25.6%
1984 38.9% +3.6%
1985 37.2% -4.3%
1986 10.2% -72.6%
1987 9.8% -4.2%
1988 9.2% -5.6%
1989 8.1% -12.7%
1990 7.6% -5.5%
1991 1.7% -77.7%
1992 2.0% +15.8%
1993 1.4% -29.2%
1994 0.4% -74.1%
1995 0.9% +153.2%
1996 1.2% +36.1%
1997 1.7% +37.3%
1998 2.3% +36.9%
1999 5.6% +138.9%
2000 3.9% -31.2%
2001 11.0% +185.9%
2002 9.4% -14.8%
2003 5.8% -38.6%
2004 4.6% -19.4%
2005 11.4% +144.5%
2006 12.4% +9.0%
2007 7.1% -42.6%
2008 23.4% +229.4%
2009 35.1% +50.1%
2010 7.1% -79.8%
2011 5.6% -21.9%
2012 3.9% -29.2%
2013 2.9% -27.6%
2014 4.3% +51.8%
2015 4.9% +13.5%
2016 4.1% -17.1%
2017 3.3% -18.1%
2018 6.6% +97.4%
2019 8.9% +34.8%
2020 22.7% +156.0%
2021 12.1% -46.5%
2022 8.8% -27.6%
2023 2.0% -77.3%
2024 2.9% +46.7%

Maldives compared with similar countries

  • Maldives's 2.9% is below the median for upper middle income countries, which is 17.7%, 17% of the median. (51 countries reporting)
  • Maldives's 2.9% is below the median for South Asia, which is 12.9%, 23% of the median. (6 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1980s 22.6% 8.1% 38.9% 8
1990s 2.5% 0.4% 7.6% 10
2000s 12.4% 3.9% 35.1% 10
2010s 5.2% 2.9% 8.9% 10
2020s 9.7% 2.0% 22.7% 5

Countries ranked near Maldives

  1. 90 Congo 3.7% compare
  2. 91 Guinea 3.2% compare
  3. 92 Algeria 3.1% compare
  4. 94 Ethiopia 2.6% compare
  5. 95 Eswatini 2.6% compare
  6. 96 Botswana 2.5% compare

See the full ranking of 151 places →

More economy & growth data for Maldives

All data for Maldives →

Frequently asked questions

What is short-term debt in Maldives?
Short-term debt in Maldives was 2.9% in 2024, according to International Debt Statistics, World Bank (WB).
What is the highest short-term debt recorded in Maldives?
The highest recorded value was 38.9% in 1984.
What is the lowest short-term debt recorded in Maldives?
The lowest recorded value was 0.4% in 1994.
How does Maldives rank for short-term debt?
Maldives ranks 93rd out of 119 countries with data for 2024.
Is short-term debt rising or falling in Maldives?
Over the last ten years it is down 32.4%. 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 Short-term debt (% of exports of goods, services and primary income). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 43 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

Share, cite or embed this page

Cite this page

Short-term debt in Maldives. Statizoid, drawing on International Debt Statistics, World Bank (WB). Retrieved 18 September 2026, from https://economy.statizoid.com/stat/short-term-debt-percent-of-exports-of-goods-services-and-primary-income/maldives/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (World Bank Open Data); please keep the attribution.

<a href="https://economy.statizoid.com/stat/short-term-debt-percent-of-exports-of-goods-services-and-primary-income/maldives/">Short-term debt in Maldives</a> — Statizoid

About this data

Indicator
Short-term debt (% 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
151 places, 5,838 data points, 1970–2024
Last refreshed

Short-term external debt is defined as debt that has an original maturity of one year or less. Available data permit no distinction between public and private nonguaranteed short-term debt. Exports of goods, services and primary income is the sum of goods (merchandise) exports, exports of (nonfactor) services and income (factor) receipts.