MV
Prices & public finance · South Asia · Upper-middle income
Maldives: prices, money and public finance
Inflation is 4.0% (2025), 57th of 180 in the world and 2nd of 6 in South Asia. GDP deflator is 3.3% (2025), 105th of 209 in the world and 3rd of 6 in South Asia. Lending rate is 11.6% (2025), 47th of 136 in the world and 2nd of 5 in South Asia.
Inflation
MaldivesSouth AsiaUpper-middle incomeWorld
GDP deflator
MaldivesSouth AsiaUpper-middle incomeWorld
13 indicators
Prices & public finance: Maldives in detail
Latest reported value, world rank and rank within South Asia; values around 2000, 2010, 2020; group and world columns are World Bank aggregates.
| Indicator | Latest | World rank | In region | ~2000 | ~2010 | ~2020 | 10-year change | Region | Income group | World | Since 2000 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| InflationInflation, consumer prices, annual % | 4.0%2025 | 57/180 | 2/6 | -1.2% | 6.1% | -1.4% | +3.1 ppsince 2015 | 3.1% | 3.3% | 3.0% | |
| GDP deflatorInflation, GDP deflator, annual % | 3.3%2025 | 105/209 | 3/6 | 2.0% | 3.3% | -3.4% | −4.1 ppsince 2015 | 3.2% | 3.3% | 3.3% | |
| Lending rateLending interest rate, % | 11.6%2025 | 47/136 | 2/5 | 9.5% | 10.4% | 11.6% | +0.5 ppsince 2015 | — | — | — | |
| Real interest rateReal interest rate, % | 8.1%2025 | 35/136 | 2/5 | 7.3% | 6.8% | 15.5% | +4.7 ppsince 2015 | — | — | — | |
| Exchange rateOfficial exchange rate, local currency per US$ | 15.422025 | 100/210 | 6/6 | 11.77 | 12.80 | 15.38 | +0.3%since 2015 | — | — | — | |
| Tax revenueTax revenue, % of GDP | 19.5%2021 | 51/142 | 1/6 | 13.8% | 8.8% | 20.1% | +7.4 ppsince 2011 | 6.9% | 10.4% | 13.9% | |
| Government revenueGovernment revenue excluding grants, % of GDP | 24.8%2021 | 76/142 | 1/6 | 30.0% | 19.1% | 24.7% | +3.5 ppsince 2011 | 9.3% | 18.5% | 24.0% | |
| Government expenseGovernment expense, % of GDP | 29.5%2021 | 56/142 | 1/6 | 25.5% | 25.4% | 35.3% | +7.1 ppsince 2011 | 13.8% | — | 28.5% | |
| Government debtCentral government debt, % of GDP | 57.3%2011 | 33/78 | 3/5 | 40.9% | 54.9% | · | +26.1 ppsince 2001 | 46.6% | — | — | |
| External debtExternal debt stocks, % of GNI | 75.6%2024 | 23/119 | 2/6 | 34.2% | 40.1% | 107.5% | +42.6 ppsince 2014 | 20.0% | 21.3% | — | |
| Private creditDomestic credit to private sector, % of GDP | 36.4%2025 | 92/169 | 4/5 | · | 47.7% | 53.4% | +7.3 ppsince 2015 | 43.5% | 139.0% | 140.3% | |
| Broad moneyBroad money, % of GDP | 60.2%2025 | 73/146 | 4/5 | 41.1% | 47.9% | 72.5% | +12.2 ppsince 2015 | 79.6% | 167.9% | 135.7% | |
| Reserves, months of importsTotal reserves in months of imports | 1.92025 | 132/165 | 6/6 | 3.0 | 2.1 | 4.3 | −11%since 2015 | 7.9 | 9.9 | 8.6 |
Source: World Bank, World Development Indicators (CC BY 4.0)“·” — no value reported within two years of that date. World rank counts countries with a recent value.
Better than ten years ago
No rated indicator improved over the decade.
Worse than ten years ago
- Inflation+3.1 pp4.0% in 2025
- Government debt+26.1 pp57.3% in 2011
- External debt+42.6 pp75.6% in 2024
- Reserves, months of imports−11%1.9 in 2025
Only indicators where higher or lower is clearly better are rated (for example, unemployment down is better, life expectancy up is better).
neighbours
Maldives and its neighbours
Countries sharing a land border with Maldives. Latest values since 2005; the highest in each row is marked.
| Indicator | Maldives | United Kingdom |
|---|---|---|
| Inflation | 4.0%2025 | 3.9%2025 |
| GDP deflator | 3.3%2025 | 3.7%2025 |
| Lending rate | 11.6%2025 | 0.5%2014 |
| Real interest rate | 8.1%2025 | -1.1%2014 |
| Exchange rate | 15.422025 | 0.762025 |
| Tax revenue | 19.5%2021 | 26.9%2024 |
| Government revenue | 24.8%2021 | 34.8%2024 |
| Government expense | 29.5%2021 | 41.2%2023 |
| Government debt | 57.3%2011 | 130.7%2024 |