Financial soundness indicators in Maldives

Maldives: Financial soundness indicators was 4.9% in 2024. ▼ Falling

Latest (2024)
4.9%
Change on year
down 3.0%
World rank
11th
of 150 countries
All-time high
6.6%
in 2013
All-time low
2.5%
in 2020
Years of data
13
2012–2024

Financial soundness indicators in Maldives, 2012–2024

02462012201820242012: 3.6 %2013: 6.6 %2014: 5.8 %2015: 4.8 %2016: 6.2 %2017: 5 %2018: 5.7 %2019: 4.6 %2020: 2.5 %2021: 5.8 %2022: 4.7 %2023: 5.1 %2024: 4.9 %

Source: International Monetary Fund – processed by Our World in Data. Measured in %.

Analysis

Maldives recorded 4.9% for financial soundness indicators in 2024.

That represents a change of down 3.0% on the previous year and down 14.9% over ten years.

Over the whole period, financial soundness indicators in Maldives peaked at 6.6% in 2013 and was at its lowest, 2.5%, in 2020.

That places Maldives 11th out of 150 countries with data for 2024, putting it in the top 10%.

The long-run direction has been consistently falling across the 13 years of available data.

Financial soundness indicators in Maldives, year by year

Annual values for Financial soundness indicators in Maldives, 2012 to 2024.
Year % Change
2012 3.6%
2013 6.6% +82.7%
2014 5.8% -11.9%
2015 4.8% -17.1%
2016 6.2% +29.9%
2017 5.0% -19.8%
2018 5.7% +13.2%
2019 4.6% -18.9%
2020 2.5% -44.8%
2021 5.8% +127.3%
2022 4.7% -19.0%
2023 5.1% +8.8%
2024 4.9% -3.0%

Maldives compared with similar countries

  • Maldives's 4.9% is above the median for upper middle income countries, which is 2.5%, 1.9× the median. (47 countries reporting)
  • Maldives's 4.9% is above the median for South Asia, which is 2.1%, 2.4× the median. (6 countries reporting)

Biggest year-on-year movements

Years where Financial soundness indicators in Maldives changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2021 +127.3% 2.5% 5.8%

Averages by decade

DecadeAverage LowestHighest Years
2010s 5.3% 3.6% 6.6% 8
2020s 4.6% 2.5% 5.8% 5

Countries ranked near Maldives

  1. 8 Zambia 5.1% compare
  2. 9 Iraq 5.0% compare
  3. 10 Ghana 5.0% compare
  4. 12 Kyrgyzstan 4.8% compare
  5. 13 Gambia 4.7% compare
  6. 14 Madagascar 4.5% compare

See the full ranking of 150 places →

More reference data data for Maldives

All data for Maldives →

Frequently asked questions

What is financial soundness indicators in Maldives?
Financial soundness indicators in Maldives was 4.9% in 2024, according to International Monetary Fund – processed by Our World in Data.
What is the highest financial soundness indicators recorded in Maldives?
The highest recorded value was 6.6% in 2013.
What is the lowest financial soundness indicators recorded in Maldives?
The lowest recorded value was 2.5% in 2020.
How does Maldives rank for financial soundness indicators?
Maldives ranks 11th out of 150 countries with data for 2024.
Is financial soundness indicators rising or falling in Maldives?
Over the last ten years it is down 14.9%. The long-run trend across the full record is falling.
Where does this Maldives data come from?
The figures come from International Monetary Fund – processed by Our World in Data, published as part of Financial soundness indicators. Statizoid updates them automatically from the source API.

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Financial soundness indicators in Maldives. Statizoid, drawing on International Monetary Fund – processed by Our World in Data. Retrieved 23 September 2026, from https://reference.statizoid.com/stat/regulation-financial-markets/maldives/

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About this data

Indicator
Financial soundness indicators
Unit
%
Source
International Monetary Fund – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
150 places, 2,289 data points, 2001–2025
Last refreshed

Return on assets (%).