Maldives Lending Rate
Lending interest rate FR.INR.LEND
Maldives's lending rate was 11.47% in 2025, ranked 38th globally. This represents a 0.7% decrease from 2024. Data from World Bank, covering 1995–2025.
Overview
Maldives's lending rate stood at 11.47% in 2025, a decline of +0.08pp from 2024. Based on recent trends, this figure is projected to reach 11.47% by 2025. Maldives ranked 38th globally.
Maldives’ policy lending rate has risen modestly since the mid‑1990s, moving from 10.99% in 1995 to a 2025 level of 11.47%, placing the island nation 38th globally. The rate reached its all‑time peak of 11.68% in 2023 before retreating to the current figure, while the lowest point of the series occurred in 1999 at 9.16%. Over the 31‑year coverage period the Maldives’ rate has remained broadly clustered with peers such as Moldova (11.64%) and Jamaica (11.73%), reflecting similar monetary‑policy stances in small open economies. The modest upward drift since the late 1990s mirrors tighter credit conditions and inflationary pressures that have periodically prompted the central bank to adjust policy rates. Continued resilience of tourism revenues and external financing conditions will likely shape future movements, with a gradual easing expected if inflation moderates and global financing costs decline.
Data & projection
| Year | Lending Rate | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 11.47% | - | - |
| 2026* trend | 11.47% | - | - |
| 2025* trend | 11.47% | - | - |
| 2025 | 11.47% | −0.08pp | #38 |
| 2024 | 11.55% | −0.13pp | #55 |
| 2023 | 11.68% | +0.75pp | #60 |
| 2022 | 10.93% | −0.64pp | #63 |
| 2021 | 11.57% | −0.03pp | #80 |
| 2020 | 11.60% | +0.08pp | #76 |
| 2019 | 11.52% | +0.85pp | #75 |
| 2018 | 10.68% | +0.52pp | #73 |
| 2017 | 10.15% | −0.61pp | #76 |
| 2016 | 10.76% | −0.34pp | #80 |
| 2015 | 11.10% | −0.32pp | #80 |
| 2014 | 11.42% | +0.28pp | #86 |
| 2013 | 11.14% | +0.66pp | #86 |
| 2012 | 10.48% | +0.29pp | #70 |
| 2011 | 10.20% | −0.18pp | #67 |
Detected Pattern
Analysis
Maldives matched the Fiscal Dominance Trap pattern in 2011. Historically, 72% of countries showing this pattern (278 out of 386) saw lending rate improve within 24 months. View full analysis →
Frequently Asked Questions
Maldives's lending rate was 11.47% in 2025. Ranked 38th globally. This represents a 0.7% decrease from the previous year.
Maldives's lending rate peaked at 11.68% in 2023.
The lowest lending rate in Maldives was 9.16% in 1999.
Maldives ranks 38th globally in lending rate as of 2025.
The World Bank indicator code is FR.INR.LEND. Data sourced from World Bank.
Maldives's lending rate is projected to reach 11.47% by 2025 based on trend extrapolation.
The lending rate of Maldives in 2025 was 11.47%. This ranks 38th in the world.
Cite this page
@misc{historysaid_maldives_lending-rate,
title = {Maldives Lending Rate},
url = {https://historysaid.com/maldives/lending-rate/},
publisher = {HistorySaid},
year = {2026}
}