Share of government expenditure going to interest payments in Maldives

Maldives: Share of government expenditure going to interest payments was 8.84 in 2021. ▲ Rising

Latest (2021)
8.84
Change on year
up 11.3%
World rank
59th
of 152 countries
All-time high
8.84
in 2021
All-time low
3.34
in 2005
Years of data
30
1990–2021

Share of government expenditure going to interest payments in Maldives, 1990–2021

024681990200520211990: 3.71991: 51992: 41993: 51994: 8.11995: 8.71996: 8.51997: 7.41998: 6.31999: 6.42000: 5.72001: 5.92002: 6.52003: 5.82004: 52005: 3.32006: 3.52007: 3.62008: 3.82009: 72010: 82011: 82014: 72015: 82016: 7.22017: 7.32018: 7.92019: 6.92020: 7.92021: 8.8

Source: Our World in Data.

Analysis

Maldives recorded 8.84 for share of government expenditure going to interest payments in 2021. That is the highest value across all 30 years on record.

That represents a change of up 11.3% on the previous year and up 10.6% over ten years.

Over the whole period, share of government expenditure going to interest payments in Maldives peaked at 8.84 in 2021 and was at its lowest, 3.34, in 2005.

That places Maldives 59th out of 152 countries with data for 2021, putting it in the middle of the range.

The long-run direction has been consistently rising across the 30 years of available data.

Share of government expenditure going to interest payments in Maldives, year by year

Annual values for Share of government expenditure going to interest payments in Maldives, 1990 to 2021.
Year Value Change
1990 3.67
1991 5 +36.3%
1992 3.97 -20.5%
1993 5.05 +27.0%
1994 8.11 +60.6%
1995 8.71 +7.4%
1996 8.48 -2.7%
1997 7.37 -13.1%
1998 6.29 -14.7%
1999 6.39 +1.6%
2000 5.67 -11.2%
2001 5.91 +4.2%
2002 6.47 +9.5%
2003 5.76 -10.9%
2004 4.97 -13.8%
2005 3.34 -32.9%
2006 3.55 +6.3%
2007 3.57 +0.7%
2008 3.75 +5.0%
2009 7.05 +87.9%
2010 8.02 +13.7%
2011 8 -0.3%
2014 6.98 -12.7%
2015 8.01 +14.7%
2016 7.21 -10.0%
2017 7.27 +0.9%
2018 7.88 +8.4%
2019 6.86 -13.0%
2020 7.95 +15.9%
2021 8.84 +11.3%

Averages by decade

DecadeAverage LowestHighest Years
1990s 6.3 3.67 8.71 10
2000s 5 3.34 7.05 10
2010s 7.53 6.86 8.02 8
2020s 8.39 7.95 8.84 2

Countries ranked near Maldives

  1. 56 Bolivia, Plurinational State of 9.54 compare
  2. 57 Nicaragua 9.21 compare
  3. 58 Ethiopia 9.03 compare
  4. 60 Saint Vincent and the Grenadines 8.83 compare
  5. 61 Cape Verde 8.76 compare
  6. 62 Paraguay 8.76 compare

See the full ranking of 152 places →

More reference data data for Maldives

All data for Maldives →

Frequently asked questions

What is share of government expenditure going to interest payments in Maldives?
Share of government expenditure going to interest payments in Maldives was 8.84 in 2021, according to Our World in Data.
What is the highest share of government expenditure going to interest payments recorded in Maldives?
The highest recorded value was 8.84 in 2021.
What is the lowest share of government expenditure going to interest payments recorded in Maldives?
The lowest recorded value was 3.34 in 2005.
How does Maldives rank for share of government expenditure going to interest payments?
Maldives ranks 59th out of 152 countries with data for 2021.
Is share of government expenditure going to interest payments rising or falling in Maldives?
Over the last ten years it is up 10.6%. The long-run trend across the full record is rising.
Where does this Maldives data come from?
The figures come from Our World in Data, published as part of Share of government expenditure going to interest payments. Statizoid updates them automatically from the source API.

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Share of government expenditure going to interest payments in Maldives. Statizoid, drawing on Our World in Data. Retrieved 26 August 2026, from https://reference.statizoid.com/stat/share-of-government-expenditure-going-to-interest-payments/maldives/

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About this data

Indicator
Share of government expenditure going to interest payments
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
152 places, 4,278 data points, 1972–2024
Last refreshed