Statizoid

Interest payments in Maldives

Maldives: Interest payments was 8.8% in 2021. ▲ Rising

Latest (2021)
8.8%
Change on year
up 11.3%
World rank
59th
of 152 countries
All-time high
8.8%
in 2021
All-time low
3.3%
in 2005
Years of data
30
1990–2021

Interest payments in Maldives, 1990–2021

024681990200520211990: 3.7 % of expense1991: 5 % of expense1992: 4 % of expense1993: 5 % of expense1994: 8.1 % of expense1995: 8.7 % of expense1996: 8.5 % of expense1997: 7.4 % of expense1998: 6.3 % of expense1999: 6.4 % of expense2000: 5.7 % of expense2001: 5.9 % of expense2002: 6.5 % of expense2003: 5.8 % of expense2004: 5 % of expense2005: 3.3 % of expense2006: 3.5 % of expense2007: 3.6 % of expense2008: 3.8 % of expense2009: 7 % of expense2010: 8 % of expense2011: 8 % of expense2014: 7 % of expense2015: 8 % of expense2016: 7.2 % of expense2017: 7.3 % of expense2018: 7.9 % of expense2019: 6.9 % of expense2020: 7.9 % of expense2021: 8.8 % of expense

Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.

Analysis

Maldives recorded 8.8% for interest payments in 2021. That is the highest value across all 30 years on record.

Compared with earlier readings it is up 11.3% on the previous year and up 10.6% over ten years.

Over the whole period, interest payments in Maldives peaked at 8.8% in 2021 and was at its lowest, 3.3%, in 2005.

That places Maldives 59th out of 152 countries with data for 2021, putting it in the middle of the range.

The long-run direction has been consistently rising across the 30 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 6.3% 3.7% 8.7% 10
2000s 5.0% 3.3% 7.0% 10
2010s 7.5% 6.9% 8.0% 8
2020s 8.4% 7.9% 8.8% 2

Countries ranked near Maldives

  1. 56 Bolivia 9.5% compare
  2. 57 Nicaragua 9.2% compare
  3. 58 Ethiopia 9.0% compare
  4. 60 Saint Vincent and the Grenadines 8.8% compare
  5. 61 Cape Verde 8.8% compare
  6. 62 Paraguay 8.8% compare

See the full ranking of 193 places →

More public sector data for Maldives

All data for Maldives →

Frequently asked questions

What is interest payments in Maldives?
Interest payments in Maldives was 8.8% 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 8.8% in 2021.
What is the lowest interest payments recorded in Maldives?
The lowest recorded value was 3.3% in 2005.
How does Maldives rank for interest payments?
Maldives ranks 59th out of 152 countries with data for 2021.
Is interest payments rising or falling in Maldives?
Over the last ten years it is up 10.6%. 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 expense). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 30 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Interest payments (% of expense)
Unit
% of expense
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
193 places, 5,277 data points, 1972–2024
Last refreshed

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 percentage of total expenses which is any decrease in net worth resulting from a transaction.