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.
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
- Arms imports 7.00 million SIPRI trend indicator values (2024)
- Tax revenue 19.5% (2021)
- Taxes on income, profits and capital gains 12.7% (2021)
- Taxes on goods and services 42.3% (2021)
- Net investment in nonfinancial assets 7.4% (2021)
- Net lending (+) / net borrowing (-) -10.1% (2021)
- Interest payments 9.7% (2021)
- Grants and other revenue 27.4% (2021)
- Interest payments 8.8% (2021)
- Other taxes 4.1% (2011)
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.
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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.