Use of IMF credit in Maldives
Maldives: Use of IMF credit was 64.18 million DOD, current US$ in 2024. ◆ Volatile
Use of IMF credit in Maldives, 1999–2024
Source: International Debt Statistics, World Bank (WB). Measured in DOD, current US$.
Analysis
Maldives recorded 64.18 million DOD, current US$ for use of imf credit in 2024.
The figure is down 2.8% on the previous year and up 332.0% over ten years.
Over the whole period, use of imf credit in Maldives peaked at 68.87 million DOD, current US$ in 2021 and was at its lowest, 354,901 DOD, current US$, in 2001.
That places Maldives 108th out of 122 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 387,597 DOD, current US$ | 387,597 DOD, current US$ | 387,597 DOD, current US$ | 1 |
| 2000s | 4.70 million DOD, current US$ | 354,901 DOD, current US$ | 20.90 million DOD, current US$ | 10 |
| 2010s | 17.94 million DOD, current US$ | 10.78 million DOD, current US$ | 27.63 million DOD, current US$ | 10 |
| 2020s | 61.24 million DOD, current US$ | 41.61 million DOD, current US$ | 68.87 million DOD, current US$ | 5 |
Countries ranked near Maldives
- 105 Guinea-Bissau 122.20 million DOD, current US$ compare
- 106 Djibouti 100.99 million DOD, current US$ compare
- 107 Saint Lucia 73.65 million DOD, current US$ compare
- 109 Sao Tome and Principe 63.92 million DOD, current US$ compare
- 110 Comoros 61.60 million DOD, current US$ compare
- 111 Grenada 60.62 million DOD, current US$ compare
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)
- 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)
- PPG, official creditors 609.24 million NFL, US$ (2024)
Frequently asked questions
- What is use of imf credit in Maldives?
- Use of imf credit in Maldives was 64.18 million DOD, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest use of imf credit recorded in Maldives?
- The highest recorded value was 68.87 million DOD, current US$ in 2021.
- What is the lowest use of imf credit recorded in Maldives?
- The lowest recorded value was 354,901 DOD, current US$ in 2001.
- How does Maldives rank for use of imf credit?
- Maldives ranks 108th out of 122 countries with data for 2024.
- Is use of imf credit rising or falling in Maldives?
- Over the last ten years it is up 332.0%. 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 Use of IMF credit (DOD, current US$). Statizoid updates them automatically from the source API.
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About this data
Use of IMF Credit: Data related to the operations of the IMF are provided by the IMF Treasurer’s Department. They are converted from special drawing rights into dollars using end-of-period exchange rates for stocks and average-over-the-period exchange rates for flows. IMF trust fund operations under the Enhanced Structural Adjustment Facility, Extended Fund Facility, Poverty Reduction and Growth Facility, and Structural Adjustment Facility (Enhanced Structural Adjustment Facility in 1999) are presented together with all of the IMF’s special facilities (buffer stock, supplemental reserve, compensatory and contingency facilities, oil facilities, and other facilities). SDR allocations are also included in this category. According to the BPM6, SDR allocations are recorded as the incurrence of a debt liability of the member receiving them (because of a requirement to repay the allocation in certain circumstances, and also because interest accrues). This debt item is introduced for the first time this year with historical data starting in 1999.