Lending Interest Rates Statistics in Maldives (2026)
As of 2024, the average lending interest rate in the Maldives was 11.6%, per World Bank World Development Indicators data. Down from 11.7% in 2023 to 11.6% in 2024 (−0.1 percentage points). Maldives ranks #4 of 4 economies in South Asia on this measure, and #74 of 112 globally.
Key Statistics
- Latest value (2024)
- 11.6% (2024)
- Lending Interest Rates in the Maldives as of 2024, the most recent observation in World Bank World Development Indicators data.
- Change since 2023
- −0.1 pp (2024)
- Down from 11.7% in 2023 to 11.6% in 2024 (−0.1 percentage points).
- Earliest value in this dataset (1995)
- 11% (1995)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 11% in 1995 to 11.6% in 2024.
- Peak value (2023)
- 11.7% (2023)
- Highest value in the available series; the 2024 value is 11.6%.
- Rank in South Asia (lower is better; rank 1 = lowest)
- #4 of 4 (2024)
- The Maldives ranks 4 of 4 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)
- #74 of 112 (2024)
- The Maldives ranks 74 of 112 countries with data globally. Ranked ascending because lower values are better for this metric.
- South Asia average
- 10.1% (2024)
- The Maldives (11.6%) is above the average of 10.1% across the 4 countries in South Asia with data.
- Risk premium on lending (lending rate minus treasury bill rate, %) (2024)
- 8.1% (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 | 11.6% | −0.1 pp |
| 2023 | 11.7% | +0.8 pp |
| 2022 | 10.9% | −0.6 pp |
| 2021 | 11.6% | −0.0 pp |
| 2020 | 11.6% | +0.1 pp |
| 2019 | 11.5% | +0.8 pp |
| 2018 | 10.7% | +0.5 pp |
| 2017 | 10.2% | −0.6 pp |
| 2016 | 10.8% | −0.3 pp |
| 2015 | 11.1% | −0.3 pp |
| 2014 | 11.4% | +0.3 pp |
| 2013 | 11.1% | +0.7 pp |
| 2012 | 10.5% | +0.3 pp |
| 2011 | 10.2% | −0.2 pp |
| 2010 | 10.4% | +0.1 pp |
| 2009 | 10.3% | +0.0 pp |
| 2008 | 10.3% | +0.0 pp |
| 2007 | 10.3% | +0.0 pp |
| 2006 | 10.3% | +0.0 pp |
| 2005 | 10.3% | +0.0 pp |
| 2004 | 10.3% | +0.0 pp |
| 2003 | 10.3% | +0.3 pp |
| 2002 | 9.9% | +0.4 pp |
| 2001 | 9.5% | +0.0 pp |
| 2000 | 9.5% | +0.4 pp |
| 1999 | 9.2% | −1.8 pp |
| 1998 | 11% | +0.0 pp |
| 1997 | 11% | +0.0 pp |
| 1996 | 11% | +0.0 pp |
| 1995 | 11% | — |
Frequently asked questions
What is the latest figure for average lending interest rate in the Maldives?
The average lending interest rate in the Maldives stood at 11.6% in 2024, according to World Bank World Development Indicators data.
How has lending interest rates in the Maldives changed over time?
World Bank World Development Indicators data show a rise from 11% in 1995 to 11.6% in 2024.
How does the Maldives compare with other countries in South Asia?
The Maldives ranks 4 of 4 countries in South Asia with data (ranked ascending; lower is better), with 11.6% versus a regional average of 10.1% (latest values per country).
Where does the Maldives rank globally on lending interest rates?
The Maldives ranks 74 of 112 countries with data globally (ranked ascending; lower is better), based on the latest World Bank World Development Indicators value for each country.
Source & methodology
Source: World Bank, World Development Indicators, indicator
FR.INR.LEND, 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 .