Short-term debt in Maldives
Maldives: Short-term debt was 23.7% in 2024. ◆ Volatile
Short-term debt in Maldives, 1978–2024
Source: World Development Indicators, World Bank (WB). Measured in % of total reserves.
Analysis
The most recent figure for short-term debt in Maldives is 23.7%, measured in 2024.
Compared with earlier readings it is up 42.2% on the previous year and up 1.9% over ten years.
Over the whole period, short-term debt in Maldives peaked at 876.9% in 1978 and was at its lowest, 3.2%, in 1994.
Maldives ranks 58th of 111 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.
Short-term debt in Maldives, year by year
| Year | % of total reserves | Change |
|---|---|---|
| 1978 | 876.9% | — |
| 1979 | 844.3% | -3.7% |
| 1980 | 105.4% | -87.5% |
| 1981 | 174.6% | +65.7% |
| 1982 | 273.6% | +56.7% |
| 1983 | 638.6% | +133.4% |
| 1984 | 643.3% | +0.7% |
| 1985 | 740.4% | +15.1% |
| 1986 | 144.6% | -80.5% |
| 1987 | 134.2% | -7.2% |
| 1988 | 55.6% | -58.6% |
| 1989 | 50.1% | -9.9% |
| 1990 | 57.4% | +14.7% |
| 1991 | 13.6% | -76.3% |
| 1992 | 15.5% | +13.9% |
| 1993 | 11.5% | -25.7% |
| 1994 | 3.2% | -72.3% |
| 1995 | 6.2% | +92.1% |
| 1996 | 6.1% | -0.3% |
| 1997 | 7.1% | +16.1% |
| 1998 | 8.6% | +20.8% |
| 1999 | 19.5% | +126.7% |
| 2000 | 14.7% | -24.9% |
| 2001 | 55.9% | +281.2% |
| 2002 | 35.3% | -36.8% |
| 2003 | 21.3% | -39.6% |
| 2004 | 15.9% | -25.3% |
| 2005 | 30.2% | +89.5% |
| 2006 | 42.3% | +40.3% |
| 2007 | 42.2% | -0.4% |
| 2008 | 192.9% | +357.6% |
| 2009 | 231.2% | +19.9% |
| 2010 | 40.8% | -82.3% |
| 2011 | 40.6% | -0.6% |
| 2012 | 32.2% | -20.7% |
| 2013 | 22.5% | -30.0% |
| 2014 | 23.3% | +3.2% |
| 2015 | 27.5% | +18.1% |
| 2016 | 27.5% | +0.2% |
| 2017 | 18.9% | -31.3% |
| 2018 | 33.3% | +76.0% |
| 2019 | 44.3% | +33.1% |
| 2020 | 41.5% | -6.3% |
| 2021 | 60.2% | +45.0% |
| 2022 | 54.2% | -10.0% |
| 2023 | 16.7% | -69.2% |
| 2024 | 23.7% | +42.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 860.6% | 844.3% | 876.9% | 2 |
| 1980s | 296.0% | 50.1% | 740.4% | 10 |
| 1990s | 14.9% | 3.2% | 57.4% | 10 |
| 2000s | 68.2% | 14.7% | 231.2% | 10 |
| 2010s | 31.1% | 18.9% | 44.3% | 10 |
| 2020s | 39.3% | 16.7% | 60.2% | 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 (constant LCU), per capita 3,462 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 11.2 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.0933 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 1,364 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual 11.4 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 1.44 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 21,021 current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) 7.77 % change on previous year (2025)
Frequently asked questions
- What is short-term debt in Maldives?
- Short-term debt in Maldives was 23.7% in 2024, according to World Development Indicators, World Bank (WB).
- What is the highest short-term debt recorded in Maldives?
- The highest recorded value was 876.9% in 1978.
- What is the lowest short-term debt recorded in Maldives?
- The lowest recorded value was 3.2% in 1994.
- How does Maldives rank for short-term debt?
- Maldives ranks 58th out of 111 countries with data for 2024.
- Is short-term debt rising or falling in Maldives?
- Over the last ten years it is up 1.9%. The long-run trend across the full record is volatile.
- Where does this Maldives data come from?
- The figures come from World Development Indicators, World Bank (WB), published as part of Short-term debt (% of total reserves). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 47 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Total reserves includes gold.