household debts on the Maldives

Gross debt on the Maldives

The government gross debt refers to the total of all sums of money that have to be paid to other countries, communities or institutions. Not included in the gross debt are the demands of a country to foreign ones.

The gross debt on the Maldives in the period from 1998 to 2021 was between 212.0 million and 6.7 billion USD. The highest level of the last years at seven billion US Dollar was reached in 2021.

Based on the number of inhabitants, this is a debt of 12,939 USD per person. For comparison, the average debt per person in the same year in the European Union was 33,695 USD.

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Gross debt of the last 23 years in billion USD

YearMaldives totalMaldives per capitaEU per capita
19980.21 bn USD790 USD14,079 USD
19990.23 bn USD839 USD14,032 USD
20000.24 bn USD872 USD11,232 USD
20010.36 bn USD1,272 USD11,255 USD
20020.40 bn USD1,350 USD12,258 USD
20030.40 bn USD1,307 USD15,286 USD
20040.43 bn USD1,367 USD17,595 USD
20050.50 bn USD1,572 USD18,327 USD
20060.58 bn USD1,769 USD18,877 USD
20070.67 bn USD1,997 USD20,898 USD
20080.88 bn USD2,577 USD24,086 USD
20091.13 bn USD3,211 USD25,361 USD
20101.37 bn USD3,733 USD26,496 USD
20111.44 bn USD3,782 USD29,231 USD
20121.65 bn USD4,150 USD28,174 USD
20131.84 bn USD4,436 USD29,981 USD
20142.04 bn USD4,680 USD30,648 USD
20152.26 bn USD5,181 USD25,918 USD
20162.73 bn USD6,003 USD26,261 USD
20173.07 bn USD6,497 USD27,024 USD
20183.82 bn USD7,794 USD28,448 USD
20194.42 bn USD8,763 USD27,168 USD
20205.78 bn USD11,243 USD30,783 USD
20216.75 bn USD12,939 USD33,695 USD

Comparison of gross debt per capita with the European Union in U.S. dollars

      Maldives       European Union

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