Maldives - Domestic credit provided by banking sector

Domestic credit provided by financial sector (% of GDP)

Domestic credit provided by financial sector (% of GDP) in Maldives was 124.91 as of 2020. Its highest value over the past 16 years was 124.91 in 2020, while its lowest value was 27.43 in 2004.

Definition: Domestic credit provided by the financial sector includes all credit to various sectors on a gross basis, with the exception of credit to the central government, which is net. The financial sector includes monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies.

Source: International Monetary Fund, International Financial Statistics and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
2004 27.43
2005 47.02
2006 48.22
2007 59.11
2008 64.68
2009 71.66
2010 76.88
2011 70.71
2012 64.58
2013 60.64
2014 58.27
2015 61.27
2016 68.71
2017 66.11
2018 64.72
2019 64.86
2020 124.91

Classification

Topic: Financial Sector Indicators

Sub-Topic: Assets