Maldives Government Debt To GDP

Maldives recorded a Government Debt to GDP of 34.90 percent of the country's Gross Domestic Product in 2013. Government Debt To GDP in Maldives is reported by the Maldives Monetary Authority. Government Debt To GDP in Maldives averaged 39.67 Percent from 1990 until 2013, reaching an all time high of 47.35 Percent in 1995 and a record low of 30.78 Percent in 1990. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Maldives Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
34.90 38.70 47.35 30.78 33.01 | 2014/06 1990 - 2013 Percent Yearly

TO

Maldives Government Debt To GDP
LIST BY COUNTRY

Government Last Previous Highest Lowest Forecast Unit
Government Debt To GDP 34.90 2013-12-31 38.70 47.35 30.78 33.01 2014-06-30 Percent [+]
Government Budget -4.70 2013-12-31 -9.20 -1.15 -20.99 -4.30 2014-06-30 Percent of GDP [+]
Credit Rating 15.00 [+]
[+]


Government Debt to GDP | Notes
Government debt as a percent of GDP, also known as debt-to-GDP ratio, is the amount of national debt a country has in percentage of its Gross Domestic Product. Basically, Government debt is the money owed by the central government to its creditors. There are two types of government debt: net and gross. Gross debt is the accumulation of outstanding government debt which may be in the form of government bonds, credit default swaps, currency swaps, special drawing rights, loans, insurance and pensions. Net debt is the difference between gross debt and the financial assets that government holds. The higher the debt-to-GDP ratio, the less likely the country will pay its debt back, and more likely the country is to default on its debt obligations.


RELATED NEWS

Maldives Government Debt To GDP at 34.90 Percent  
Maldives recorded a Government Debt to GDP of 34.90 percent of the country's Gross Domestic Product in 2013. Government Debt To GDP in Maldives is reported by the Maldives Monetary Authority.
Maldives Current Account to GDP at -20.50 Percent  
Maldives recorded a Current Account deficit of 20.50 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in Maldives is reported by the Maldives Monetary Authority.
Maldives Balance of Trade at -90.90 USD Million  
Maldives recorded a trade deficit of 90.90 USD Million in February of 2014. Balance of Trade in Maldives is reported by the Maldives Monetary Authority.
Maldives Imports at 115.70 USD Million  
Imports in Maldives decreased to 115.70 USD Million in February of 2014 from 161.10 USD Million in January of 2014. Imports in Maldives is reported by the Maldives Monetary Authority.
Maldives Exports at 24.80 USD Million  
Exports in Maldives decreased to 24.80 USD Million in February of 2014 from 32.50 USD Million in January of 2014. Exports in Maldives is reported by the Maldives Monetary Authority.
Maldives Tourist Arrivals at 111000.00  
Tourist Arrivals in Maldives increased to 111000 in February of 2014 from 105000 in January of 2014. Tourist Arrivals in Maldives is reported by the Maldives Monetary Authority.
Maldives GDP Annual Growth Rate at 3.70 Percent  
The Gross Domestic Product (GDP) in Maldives expanded 3.70 percent in 2013 from the previous year. GDP Annual Growth Rate in Maldives is reported by the Maldives Monetary Authority.
Maldives Inflation Rate at 3.40 Percent  
The inflation rate in Maldives was recorded at 3.40 percent in February of 2014. Inflation Rate in Maldives is reported by the Maldives Monetary Authority.
Maldives Interest Rate at 7.00 Percent  
The benchmark interest rate in Maldives was last recorded at 7 percent. Interest Rate in Maldives is reported by the Maldives Monetary Authority.
Maldives Corporate Tax Rate at 0.00 percent  
The Corporate Tax Rate in Maldives stands at 0 percent. Corporate Tax Rate in Maldives is reported by the Inland Revenue Authority.
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