Interest payments in Maldives
Maldives: Interest payments was 9.7% in 2021. ▲ Rising
Interest payments in Maldives, 1979–2021
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
Maldives recorded 9.7% for interest payments in 2021.
Compared with earlier readings it is down 8.0% on the previous year and up 25.6% over ten years.
Over the whole period, interest payments in Maldives peaked at 10.8% in 2009 and was at its lowest, 1.1%, in 1980.
That places Maldives 53rd out of 155 countries with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently rising across the 40 years of available data.
Interest payments in Maldives, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1979 | 1.3% | — |
| 1980 | 1.1% | -16.1% |
| 1981 | 3.9% | +269.0% |
| 1982 | 4.9% | +24.9% |
| 1983 | 4.7% | -2.8% |
| 1984 | 3.7% | -20.9% |
| 1985 | 5.9% | +57.0% |
| 1986 | 4.2% | -29.0% |
| 1987 | 4.5% | +8.7% |
| 1988 | 3.7% | -18.2% |
| 1990 | 2.3% | -37.4% |
| 1991 | 2.7% | +16.9% |
| 1992 | 2.6% | -4.8% |
| 1993 | 3.4% | +31.1% |
| 1994 | 4.9% | +45.3% |
| 1995 | 5.4% | +10.9% |
| 1996 | 5.2% | -4.9% |
| 1997 | 4.8% | -7.6% |
| 1998 | 4.2% | -11.6% |
| 1999 | 4.4% | +5.0% |
| 2000 | 4.5% | +1.1% |
| 2001 | 4.6% | +3.5% |
| 2002 | 5.0% | +8.3% |
| 2003 | 4.4% | -12.3% |
| 2004 | 4.1% | -7.8% |
| 2005 | 3.4% | -16.9% |
| 2006 | 3.3% | -3.8% |
| 2007 | 3.1% | -4.5% |
| 2008 | 3.8% | +21.4% |
| 2009 | 10.8% | +186.0% |
| 2010 | 10.4% | -3.7% |
| 2011 | 7.7% | -25.5% |
| 2014 | 6.5% | -15.8% |
| 2015 | 7.9% | +20.5% |
| 2016 | 6.4% | -18.5% |
| 2017 | 5.4% | -15.0% |
| 2018 | 6.5% | +19.5% |
| 2019 | 6.7% | +2.5% |
| 2020 | 10.6% | +58.5% |
| 2021 | 9.7% | -8.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.3% | 1.3% | 1.3% | 1 |
| 1980s | 4.1% | 1.1% | 5.9% | 9 |
| 1990s | 4.0% | 2.3% | 5.4% | 10 |
| 2000s | 4.7% | 3.1% | 10.8% | 10 |
| 2010s | 7.2% | 5.4% | 10.4% | 8 |
| 2020s | 10.2% | 9.7% | 10.6% | 2 |
Countries ranked near Maldives
More public sector data for Maldives
- Arms imports 7.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 13.26 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.001 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 7.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 6,667 SIPRI trend indicator values per square kilometre (2021)
- Tax revenue 19.5% (2021)
- Capital stock, General government, Current prices, Domestic currency 110.64 (2019)
- Taxes on income, profits and capital gains 12.7% (2021)
- Capital stock, General government, Constant prices, Percent of GDP 133.64 (2019)
- Capital stock, General government, Constant prices, Purchasing power 14.77 (2019)
Frequently asked questions
- What is interest payments in Maldives?
- Interest payments in Maldives was 9.7% 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 10.8% in 2009.
- What is the lowest interest payments recorded in Maldives?
- The lowest recorded value was 1.1% in 1980.
- How does Maldives rank for interest payments?
- Maldives ranks 53rd out of 155 countries with data for 2021.
- Is interest payments rising or falling in Maldives?
- Over the last ten years it is up 25.6%. The long-run trend across the full record is rising.
- 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 (% of revenue). Statizoid updates them automatically from the source API.
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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 as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.