Interest payments in Maldives
Maldives: Interest payments was 2.10 billion current LCU in 2021. ◆ Volatile
Interest payments in Maldives, 1979–2021
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for interest payments in Maldives is 2.10 billion current LCU, measured in 2021. That is the highest value across all 40 years on record.
Compared with earlier readings it is up 31.2% on the previous year and up 190.0% over ten years.
Over the whole period, interest payments in Maldives peaked at 2.10 billion current LCU in 2021 and was at its lowest, 300,000 current LCU, in 1979.
That places Maldives 109th out of 155 countries with data for 2021, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Interest payments in Maldives, year by year
| Year | current LCU | Change |
|---|---|---|
| 1979 | 300,000 current LCU | — |
| 1980 | 600,000 current LCU | +100.0% |
| 1981 | 3.10 million current LCU | +416.7% |
| 1982 | 5.60 million current LCU | +80.6% |
| 1983 | 5.70 million current LCU | +1.8% |
| 1984 | 6.10 million current LCU | +7.0% |
| 1985 | 9.30 million current LCU | +52.5% |
| 1986 | 10.20 million current LCU | +9.7% |
| 1987 | 16.10 million current LCU | +57.8% |
| 1988 | 15.30 million current LCU | -5.0% |
| 1990 | 12.50 million current LCU | -18.3% |
| 1991 | 21.50 million current LCU | +72.0% |
| 1992 | 21.50 million current LCU | +0.0% |
| 1993 | 31.00 million current LCU | +44.2% |
| 1994 | 56.10 million current LCU | +81.0% |
| 1995 | 76.50 million current LCU | +36.4% |
| 1996 | 81.00 million current LCU | +5.9% |
| 1997 | 87.10 million current LCU | +7.5% |
| 1998 | 81.60 million current LCU | -6.3% |
| 1999 | 98.70 million current LCU | +21.0% |
| 2000 | 106.40 million current LCU | +7.8% |
| 2001 | 116.50 million current LCU | +9.5% |
| 2002 | 136.50 million current LCU | +17.2% |
| 2003 | 135.20 million current LCU | -1.0% |
| 2004 | 138.60 million current LCU | +2.5% |
| 2005 | 154.90 million current LCU | +11.8% |
| 2006 | 198.80 million current LCU | +28.3% |
| 2007 | 234.30 million current LCU | +17.9% |
| 2008 | 280.00 million current LCU | +19.5% |
| 2009 | 617.90 million current LCU | +120.7% |
| 2010 | 675.80 million current LCU | +9.4% |
| 2011 | 725.80 million current LCU | +7.4% |
| 2014 | 978.35 million current LCU | +34.8% |
| 2015 | 1.35 billion current LCU | +37.7% |
| 2016 | 1.18 billion current LCU | -12.3% |
| 2017 | 1.10 billion current LCU | -7.2% |
| 2018 | 1.44 billion current LCU | +31.3% |
| 2019 | 1.54 billion current LCU | +6.6% |
| 2020 | 1.60 billion current LCU | +4.5% |
| 2021 | 2.10 billion current LCU | +31.2% |
Maldives compared with similar countries
- Maldives's 2.10 billion current LCU is below the median for upper middle income countries, which is 34.20 billion current LCU, 6% of the median. (48 countries reporting)
- Maldives's 2.10 billion current LCU is below the median for South Asia, which is 389.60 billion current LCU, 1% of the median. (6 countries reporting)
Biggest year-on-year movements
Years where Interest payments 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 |
|---|---|---|---|
| 1981 | +416.7% | 600,000 current LCU | 3.10 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 300,000 current LCU | 300,000 current LCU | 300,000 current LCU | 1 |
| 1980s | 8.00 million current LCU | 600,000 current LCU | 16.10 million current LCU | 9 |
| 1990s | 56.75 million current LCU | 12.50 million current LCU | 98.70 million current LCU | 10 |
| 2000s | 211.91 million current LCU | 106.40 million current LCU | 617.90 million current LCU | 10 |
| 2010s | 1.12 billion current LCU | 675.80 million current LCU | 1.54 billion current LCU | 8 |
| 2020s | 1.85 billion current LCU | 1.60 billion current LCU | 2.10 billion current LCU | 2 |
Countries ranked near Maldives
More public sector data for Maldives
- Democracy, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Democracy 6 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is interest payments in Maldives?
- Interest payments in Maldives was 2.10 billion current LCU in 2021, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in Maldives?
- The highest recorded value was 2.10 billion current LCU in 2021.
- What is the lowest interest payments recorded in Maldives?
- The lowest recorded value was 300,000 current LCU in 1979.
- How does Maldives rank for interest payments?
- Maldives ranks 109th out of 155 countries with data for 2021.
- Is interest payments rising or falling in Maldives?
- Over the last ten years it is up 190.0%. The long-run trend across the full record is volatile.
- Where does this Maldives data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Interest payments (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 40 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.