Short-term debt in Maldives
Maldives: Short-term debt was 3.4% in 2024. ◆ Volatile
Short-term debt in Maldives, 1978–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of total external debt.
Analysis
In 2024, short-term debt in Maldives stood at 3.4%.
The figure is up 38.3% on the previous year and down 73.8% over ten years.
Over the whole period, short-term debt in Maldives peaked at 56.4% in 1978 and was at its lowest, 0.8%, in 1994.
Maldives ranks 90th of 121 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 51.7% | 46.9% | 56.4% | 2 |
| 1980s | 22.8% | 3.9% | 40.9% | 10 |
| 1990s | 5.5% | 0.8% | 18.0% | 10 |
| 2000s | 20.4% | 8.9% | 43.6% | 10 |
| 2010s | 12.0% | 7.6% | 15.7% | 10 |
| 2020s | 8.0% | 2.5% | 11.8% | 5 |
Countries ranked near Maldives
More external debt data for Maldives
- IFC, private nonguaranteed 3.20 million NFL, US$ (2024)
- Public and publicly guaranteed debt service 6.8% (2024)
- Net financial flows, IDA -1.72 million NFL, current US$ (2024)
- Public and publicly guaranteed debt service 7.8% (2024)
- Debt service on external debt, public and publicly guaranteed (PPG) 426.94 million TDS, current US$ (2024)
- Net financial flows, multilateral -6.28 million NFL, current US$ (2024)
- Use of IMF credit 64.18 million DOD, current US$ (2024)
- Multilateral debt service 103.33 million TDS, current US$ (2024)
- Multilateral debt service 24.2% (2024)
- IMF repurchases and charges 1.43 million TDS, current US$ (2024)
Frequently asked questions
- What is short-term debt in Maldives?
- Short-term debt in Maldives was 3.4% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest short-term debt recorded in Maldives?
- The highest recorded value was 56.4% in 1978.
- What is the lowest short-term debt recorded in Maldives?
- The lowest recorded value was 0.8% in 1994.
- How does Maldives rank for short-term debt?
- Maldives ranks 90th out of 121 countries with data for 2024.
- Is short-term debt rising or falling in Maldives?
- Over the last ten years it is down 73.8%. The long-run trend across the full record is volatile.
- Where does this Maldives data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Short-term debt (% of total external debt). Statizoid updates them automatically from the source API.
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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 external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt.