Bank Interest Rate Spread Statistics in Maldives (2026)
In 2024, the bank interest rate spread in the Maldives stood at 7.8 percentage points, according to World Bank World Development Indicators data. Up from 7.7 percentage points in 2023 to 7.8 percentage points in 2024 (+0.1 percentage points). Maldives ranks #3 of 3 economies in South Asia on this measure, and #81 of 105 globally.
Key Statistics
- Latest value (2024)
- 7.8 percentage points (2024)
- Bank Interest Rate Spread in the Maldives as of 2024, the most recent observation in World Bank World Development Indicators data.
- Change since 2023
- +0.1 pp (2024)
- Up from 7.7 percentage points in 2023 to 7.8 percentage points in 2024 (+0.1 percentage points).
- Earliest value in this dataset (1995)
- 6.9 percentage points (1995)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 6.9 percentage points in 1995 to 7.8 percentage points in 2024.
- Peak value (2019)
- 8 percentage points (2019)
- Highest value in the available series; the 2024 value is 7.8 percentage points.
- Rank in South Asia (lower is better; rank 1 = lowest)
- #3 of 3 (2024)
- The Maldives ranks 3 of 3 countries in South Asia with data, based on each country's latest value. Ranked ascending because lower values are better for this metric.
- Global rank (lower is better; rank 1 = lowest)
- #81 of 105 (2024)
- The Maldives ranks 81 of 105 countries with data globally. Ranked ascending because lower values are better for this metric.
- South Asia average
- 5.1 percentage points (2024)
- The Maldives (7.8 percentage points) is above the average of 5.1 percentage points across the 3 countries in South Asia with data.
- Lending interest rate (%) (2024)
- 11.6% (2024)
- Related indicator from World Bank World Development Indicators.
- Deposit interest rate (%) (2024)
- 3.7% (2024)
- Related indicator from World Bank World Development Indicators.
- Internet use in the Maldives (2024)
- 85.2% (2024)
- 85.2% of the population in the Maldives used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 527,799 (2024)
- The Maldives had a population of 527,799 in 2024 (World Bank); shown for scale only.
Trend, 1995–2024
| Year | percentage points | Change |
|---|---|---|
| 2024 | 7.8 | +1.9% |
| 2023 | 7.7 | +6.7% |
| 2022 | 7.2 | −8.6% |
| 2021 | 7.9 | −0.1% |
| 2020 | 7.9 | −2.1% |
| 2019 | 8 | +14.7% |
| 2018 | 7 | +6.7% |
| 2017 | 6.6 | −5.7% |
| 2016 | 7 | −0.0% |
| 2015 | 7 | −4.0% |
| 2014 | 7.3 | −0.8% |
| 2013 | 7.3 | +8.6% |
| 2012 | 6.8 | +12.1% |
| 2011 | 6 | −4.8% |
| 2010 | 6.3 | +0.2% |
| 2009 | 6.3 | +0.0% |
| 2008 | 6.3 | +0.0% |
| 2007 | 6.3 | +0.0% |
| 2006 | 6.3 | +0.0% |
| 2005 | 6.3 | +0.0% |
| 2004 | 6.3 | +10.6% |
| 2003 | 5.7 | +6.3% |
| 2002 | 5.4 | +1.4% |
| 2001 | 5.3 | −1.1% |
| 2000 | 5.4 | +8.0% |
| 1999 | 5 | −27.8% |
| 1998 | 6.9 | +0.0% |
| 1997 | 6.9 | +0.0% |
| 1996 | 6.9 | +0.0% |
| 1995 | 6.9 | — |
Frequently asked questions
What is the latest figure for bank interest rate spread in the Maldives?
The bank interest rate spread in the Maldives stood at 7.8 percentage points in 2024, according to World Bank World Development Indicators data.
How does the Maldives compare with other countries in South Asia?
The Maldives ranks 3 of 3 countries in South Asia with data (ranked ascending; lower is better), with 7.8 percentage points versus a regional average of 5.1 percentage points (latest values per country).
Where does the Maldives rank globally on bank interest rate spread?
The Maldives ranks 81 of 105 countries with data globally (ranked ascending; lower is better), based on the latest World Bank World Development Indicators value for each country.
When did bank interest rate spread in the Maldives peak?
The highest value in the available series was 8 percentage points in 2019; the latest (2024) value is 7.8 percentage points.
How recent is the bank interest rate spread data for the Maldives?
The most recent observation is from 2024. World Bank World Development Indicators data is reported with a lag, so 2024 is the latest available year for the Maldives.
Source & methodology
Source: World Bank, World Development Indicators, indicator
FR.INR.LNDP, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .