Maldives recorded a Government Debt to GDP of 62.40 percent of the country's Gross Domestic Product in 2024. Government Debt to GDP in Maldives averaged 39.78 percent of GDP from 1990 until 2024, reaching an all time high of 86.90 percent of GDP in 2020 and a record low of 17.70 percent of GDP in 2015. source: Maldives Monetary Authority

Government Debt to GDP in Maldives is expected to reach 55.00 percent of GDP by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Maldives Government Debt to GDP is projected to trend around 55.00 percent of GDP in 2026 and 54.00 percent of GDP in 2027, according to our econometric models.



Related Last Previous Unit Reference
Fiscal Expenditure 2952.30 3608.00 MVR Million Mar 2025
Government Budget -12.50 -10.60 percent of GDP Dec 2024
Government Budget Value 976.40 -742.40 MVR Million Mar 2025
Government Debt to GDP 62.40 57.90 percent of GDP Dec 2024
Government Revenues 4154.20 3045.70 MVR Million Mar 2025



Maldives Government Debt to GDP
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.
Actual Previous Highest Lowest Dates Unit Frequency
62.40 57.90 86.90 17.70 1990 - 2024 percent of GDP Yearly