Deposit Interest Rates Statistics in Maldives (2026)
In 2024, the average deposit interest rate in the Maldives stood at 3.7%, according to World Bank World Development Indicators data. Down from 4% in 2023 to 3.7% in 2024 (−0.3 percentage points). Maldives ranks #3 of 3 economies in South Asia on this measure, and #56 of 113 globally.
Key Statistics
- Latest value (2024)
- 3.7% (2024)
- Deposit Interest Rates in the Maldives as of 2024, the most recent observation in World Bank World Development Indicators data.
- Change since 2023
- −0.3 pp (2024)
- Down from 4% in 2023 to 3.7% in 2024 (−0.3 percentage points).
- Earliest value in this dataset (1995)
- 4.1% (1995)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Down from 4.1% in 1995 to 3.7% in 2024.
- Peak value (2002)
- 4.6% (2002)
- Highest value in the available series; the 2024 value is 3.7%.
- Rank in South Asia
- #3 of 3 (2024)
- The Maldives ranks 3 of 3 countries in South Asia with data, based on each country's latest value.
- Global rank
- #56 of 113 (2024)
- The Maldives ranks 56 of 113 countries with data globally.
- South Asia average
- 5.6% (2024)
- The Maldives (3.7%) is below the average of 5.6% across the 3 countries in South Asia with data.
- Interest rate spread (lending rate minus deposit rate, %) (2024)
- 7.8% (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 | % | Change |
|---|---|---|
| 2024 | 3.7% | −0.3 pp |
| 2023 | 4% | +0.3 pp |
| 2022 | 3.7% | +0.0 pp |
| 2021 | 3.7% | −0.0 pp |
| 2020 | 3.7% | +0.2 pp |
| 2019 | 3.5% | −0.2 pp |
| 2018 | 3.7% | +0.1 pp |
| 2017 | 3.6% | −0.2 pp |
| 2016 | 3.8% | −0.3 pp |
| 2015 | 4.1% | −0.0 pp |
| 2014 | 4.1% | +0.3 pp |
| 2013 | 3.8% | +0.1 pp |
| 2012 | 3.7% | −0.4 pp |
| 2011 | 4.2% | +0.1 pp |
| 2010 | 4% | +0.1 pp |
| 2009 | 3.9% | +0.0 pp |
| 2008 | 3.9% | +0.0 pp |
| 2007 | 3.9% | +0.0 pp |
| 2006 | 3.9% | +0.0 pp |
| 2005 | 3.9% | +0.0 pp |
| 2004 | 3.9% | −0.6 pp |
| 2003 | 4.6% | +0.0 pp |
| 2002 | 4.6% | +0.3 pp |
| 2001 | 4.2% | +0.1 pp |
| 2000 | 4.2% | −0.0 pp |
| 1999 | 4.2% | +0.1 pp |
| 1998 | 4.1% | +0.0 pp |
| 1997 | 4.1% | +0.0 pp |
| 1996 | 4.1% | +0.0 pp |
| 1995 | 4.1% | — |
Frequently asked questions
What is the latest figure for average deposit interest rate in the Maldives?
The average deposit interest rate in the Maldives stood at 3.7% in 2024, according to World Bank World Development Indicators data.
Where does the deposit interest rates data for the Maldives come from?
The data comes from the World Bank World Development Indicators (indicator FR.INR.DPST). The latest observation for the Maldives is from 2024; the snapshot was retrieved on 2026-06-10.
How has deposit interest rates in the Maldives changed over time?
World Bank World Development Indicators data show a decline from 4.1% in 1995 to 3.7% in 2024.
Source & methodology
Source: World Bank, World Development Indicators, indicator
FR.INR.DPST, 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 .