Total debt service in Maldives

Maldives: Total debt service was 8.6% in 2023. ◆ Volatile

Latest (2023)
8.6%
Change on year
down 32.7%
World rank
20th
of 119 countries
All-time high
20.3%
in 1984
All-time low
1.4%
in 1980
Years of data
46
1978–2023

Total debt service in Maldives, 1978–2023

05101520197820002023

Source: UNESCO Institute for Statistics. Measured in % of GNI.

Analysis

The most recent figure for total debt service in Maldives is 8.6%, measured in 2023.

Compared with earlier readings it is down 32.7% on the previous year and up 107.6% over ten years.

Over the whole period, total debt service in Maldives peaked at 20.3% in 1984 and was at its lowest, 1.4%, in 1980.

Maldives ranks 20th of 119 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Total debt service in Maldives, year by year

Annual values for Total debt service (% of GNI) in Maldives, 1978 to 2023.
Year % of GNI Change
1978 3.4%
1979 1.7% -49.0%
1980 1.4% -17.2%
1981 6.5% +350.2%
1982 9.7% +48.6%
1983 14.8% +52.4%
1984 20.3% +37.6%
1985 9.0% -55.7%
1986 9.9% +9.5%
1987 6.2% -37.4%
1988 6.1% -0.5%
1989 5.6% -8.0%
1990 4.6% -19.4%
1991 3.5% -22.4%
1992 2.9% -19.0%
1993 3.0% +5.6%
1994 3.0% -0.1%
1995 2.9% -5.2%
1996 2.7% -4.4%
1997 6.0% +117.9%
1998 3.1% -47.7%
1999 3.2% +1.8%
2000 3.3% +4.8%
2001 2.6% -22.3%
2002 2.5% -4.2%
2003 2.1% -13.4%
2004 2.4% +14.3%
2005 2.8% +13.0%
2006 2.9% +6.5%
2007 4.7% +58.2%
2008 4.7% +0.1%
2009 4.7% +0.8%
2010 3.2% -31.6%
2011 3.4% +4.7%
2012 3.2% -5.2%
2013 4.1% +29.0%
2014 5.3% +29.0%
2015 3.6% -31.5%
2016 3.3% -8.5%
2017 3.6% +9.2%
2018 8.9% +145.8%
2019 8.9% -0.9%
2020 9.2% +4.1%
2021 17.0% +84.3%
2022 12.7% -25.3%
2023 8.6% -32.7%

Averages by decade

DecadeAverage LowestHighest Years
1970s 2.6% 1.7% 3.4% 2
1980s 9.0% 1.4% 20.3% 10
1990s 3.5% 2.7% 6.0% 10
2000s 3.3% 2.1% 4.7% 10
2010s 4.8% 3.2% 8.9% 10
2020s 11.9% 8.6% 17.0% 4

Countries ranked near Maldives

  1. 17 Tunisia 10.5% compare
  2. 18 Montenegro 10.3% compare
  3. 19 Senegal 9.0% compare
  4. 21 Lao People's Democratic Republic 8.4% compare
  5. 22 Thailand 8.3% compare
  6. 23 Uzbekistan 8.2% compare

See the full ranking of 119 places →

More population data for Maldives

All data for Maldives →

Frequently asked questions

What is total debt service in Maldives?
Total debt service in Maldives was 8.6% in 2023, according to UNESCO Institute for Statistics.
What is the highest total debt service recorded in Maldives?
The highest recorded value was 20.3% in 1984.
What is the lowest total debt service recorded in Maldives?
The lowest recorded value was 1.4% in 1980.
How does Maldives rank for total debt service?
Maldives ranks 20th out of 119 countries with data for 2023.
Is total debt service rising or falling in Maldives?
Over the last ten years it is up 107.6%. The long-run trend across the full record is volatile.
Where does this Maldives data come from?
The figures come from UNESCO Institute for Statistics, published as part of Total debt service (% of GNI). Statizoid updates them automatically from the source API.

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Total debt service in Maldives. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 26 August 2026, from https://population.statizoid.com/stat/total-debt-service-percent-of-gni-2/maldives/

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About this data

Indicator
Total debt service (% of GNI)
Unit
% of GNI
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
119 places, 5,373 data points, 1970–2023
Last refreshed

February 2026 Data Release