Maldives's PPG, IDA (DOD, current US$) was US$93.27 million in 2024, the latest year in the World Bank's World Development Indicators. That is down 5.53% from US$98.73 million in 2014 (0.57% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$93.27 million | 2024 |
| Five years earlier | US$92.17 million | 2019 |
| Ten years earlier | US$98.73 million | 2014 |
| Highest | US$107.17 million | 2013 |
| Lowest | US$0 | 1979 |
| Average since 2015 | US$94.07 million | 2015–2024 |
| First recorded | US$0 |
What the numbers say
In 2024, Maldives' PPG, IDA (DOD, current US$) fell US$4.43 million on 2023 (from US$97.7 million to US$93.27 million).
Across the 30 yearly changes before that (1994 to 2023), the average change was +US$2.43 million and a typical year strayed about US$5.5 million from that (the standard deviation). This year's change was 1.2 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.
On record, the biggest yearly rise was US$14.46 million in 2010 and the biggest yearly fall was US$8.45 million in 2014. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 there is no clear straight-line trend: a straight line explains 24% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Maldives had the 76th highest value of the 94 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Maldives | US$93.27 million | 2024 |
| South Asia | US$44.03 billion | 2024 |
| Upper middle income | US$12.23 billion | 2024 |
Closest to Maldives in the 2024 ranking
What this measures
Public and publicly guaranteed debt outstanding from the International Development Association (IDA) is concessional. Concessional debt is defined as loans with an original grant element of 35 percent or more. The grant element of a loan is the grant equivalent expressed as a percentage of the amount committed. It is used as a measure of the overall cost of borrowing. The grant equivalent of a loan is its commitment (present) value, less the discounted present value of its contractual debt service; conventionally, future service payments are discounted at 5 percent. Data are in current U.S. dollars.
Regional and income-group figures are computed by the World Bank as a sum.
All 46 values
| Year | PPG, IDA (DOD, current US$) |
|---|---|
| 2024 | 93,268,000 |
| 2023 | 97,695,000 |
| 2022 | 95,196,000 |
| 2021 | 101,078,000 |
| 2020 | 105,646,000 |
| 2019 | 92,171,000 |
| 2018 | 85,388,000 |
| 2017 | 90,115,000 |
| 2016 | 87,511,000 |
| 2015 | 92,646,000 |
| 2014 |
PPG, IDA (DOD, current US$) in nearby economies
- Bangladesh — US$20.73 billion (2024)
- Bhutan — US$419.6 million (2024)
- India — US$14.69 billion (2024)
- Nepal — US$4.53 billion (2024)
- Sri Lanka — US$3.57 billion (2024)
More economic policy & debt data for Maldives
- Grants, excluding technical cooperation (BoP, current US$) — US$148.38 million (2023)
- Technical cooperation grants (BoP, current US$) — US$5.31 million (2023)
- Net bilateral aid flows from DAC donors, Total (current US$) — US$18.53 million (2023)
- Net official development assistance and official aid received (current US$) — US$200.51 million (2023)
- Net official development assistance and official aid received (constant 2023 US$) — US$200.51 million (2023)
- Net official development assistance received (current US$) — US$200.51 million (2023)
- Net official development assistance received (constant 2023 US$) — US$200.51 million (2023)
- Net ODA received per capita (current US$)
Reading data like this
Questions people ask
- What is Maldives's PPG, IDA (DOD, current US$)?
- US$93.27 million in 2024, according to the World Bank (World Development Indicators).
- How does Maldives rank?
- 76th highest of 94 economies with data for 2024.
- Is the latest change in PPG, IDA (DOD, current US$) unusual for Maldives?
- In 2024, Maldives' PPG, IDA (DOD, current US$) fell US$4.43 million on 2023 (from US$97.7 million to US$93.27 million). Across the 30 yearly changes before that (1994 to 2023), the average change was +US$2.43 million and a typical year strayed about US$5.5 million from that (the standard deviation). This year's change was 1.2 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.
- Where does this data come from?
- The World Bank's World Development Indicators, licensed CC BY 4.0. Original source: International Debt Statistics, World Bank (WB).
Source
World Bank, World Development Indicators, indicator DT.DOD.MIDA.CD, licensed CC BY 4.0. Original source: International Debt Statistics, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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