Non-performing loans to total gross loans (%) in Maldives
Maldives: Non-performing loans to total gross loans (%) was 5.9% in 2024. ▼ Falling
Non-performing loans to total gross loans in Maldives, 2012–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Maldives recorded 5.9% for non-performing loans to total gross loans in 2024. That is the lowest value across all 13 years on record.
That represents a change of down 29.3% on the previous year and down 66.3% over ten years.
Over the whole period, non-performing loans to total gross loans in Maldives peaked at 20.9% in 2012 and was at its lowest, 5.9%, in 2024.
Maldives ranks 38th of 156 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 13 years of available data.
Non-performing loans to total gross loans (%) in Maldives, year by year
| Year | % | Change |
|---|---|---|
| 2012 | 20.9% | — |
| 2013 | 17.2% | -17.7% |
| 2014 | 17.5% | +1.5% |
| 2015 | 12.9% | -26.3% |
| 2016 | 11.8% | -8.6% |
| 2017 | 10.7% | -9.4% |
| 2018 | 11.6% | +8.4% |
| 2019 | 11.6% | +0.6% |
| 2020 | 18.8% | +61.7% |
| 2021 | 12.6% | -33.0% |
| 2022 | 9.4% | -25.3% |
| 2023 | 8.3% | -11.4% |
| 2024 | 5.9% | -29.3% |
Maldives compared with similar countries
- Maldives's 5.9% is above the median for upper middle income countries, which is 3.4%, 1.7× the median. (47 countries reporting)
- Maldives's 5.9% is above the median for South Asia, which is 5.3%, 1.1× the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 14.3% | 10.7% | 20.9% | 8 |
| 2020s | 11.0% | 5.9% | 18.8% | 5 |
Countries ranked near Maldives
- 35 Guinea 6.7% compare
- 36 Cambodia 6.6% compare
- 37 United Republic of Tanzania 6.4% compare
- 39 Barbados 5.8% compare
- 40 Saint Vincent and the Grenadines 5.8% compare
- 41 Montserrat 5.7% compare
More development goals data for Maldives
- Red List Index 0.8608 index (2025)
- Number of refugees per 100,000 population, by country of origin 12.65 per 100,000 people (2025)
- Manufacturing value added per capita 200.77 constant US$ (2025)
- Number of transboundary breeds 4 (2025)
- Number of transboundary breeds (not extinct) 4 (2025)
- Number of transboundary breeds with unknown risk status 4 (2025)
- Number of local breeds with unknown risk status 4 (2025)
- Number of local breeds (not extinct) 4 (2025)
- Number of local breeds kept in the country 4 (2025)
- Infant deaths 27 (2024)
Frequently asked questions
- What is non-performing loans to total gross loans in Maldives?
- Non-performing loans to total gross loans in Maldives was 5.9% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest non-performing loans to total gross loans recorded in Maldives?
- The highest recorded value was 20.9% in 2012.
- What is the lowest non-performing loans to total gross loans recorded in Maldives?
- The lowest recorded value was 5.9% in 2024.
- How does Maldives rank for non-performing loans to total gross loans?
- Maldives ranks 38th out of 156 countries with data for 2024.
- Is non-performing loans to total gross loans rising or falling in Maldives?
- Over the last ten years it is down 66.3%. The long-run trend across the full record is falling.
- Where does this Maldives data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Non-performing loans to total gross loans (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 13 observations, free to reuse under UN SDG Global Database (open, attribution requested).