Total Credit — Value Standard Local Currency in Maldives

Maldives: Total Credit — Value Standard Local Currency was 37,424 million SLC in 2024. ◆ Volatile

Latest (2024)
37,424 million SLC
Change on year
up 6.3%
World rank
120th
of 165 countries
All-time high
37,424 million SLC
in 2024
All-time low
993.2 million SLC
in 1997
Years of data
28
1997–2024

Total Credit — Value Standard Local Currency in Maldives, 1997–2024

010.0k20.0k30.0k40.0k1997201020241997: 993.2 million SLC1998: 1.3k million SLC1999: 1.3k million SLC2000: 1.4k million SLC2001: 1.8k million SLC2002: 2.1k million SLC2003: 2.2k million SLC2004: 3.5k million SLC2005: 5.5k million SLC2006: 8.2k million SLC2007: 12.5k million SLC2008: 16.1k million SLC2009: 15.4k million SLC2010: 15.1k million SLC2011: 16.0k million SLC2012: 14.4k million SLC2013: 14.5k million SLC2014: 14.9k million SLC2015: 16.8k million SLC2016: 18.5k million SLC2017: 20.9k million SLC2018: 22.8k million SLC2019: 26.8k million SLC2020: 29.2k million SLC2021: 30.6k million SLC2022: 32.2k million SLC2023: 35.2k million SLC2024: 37.4k million SLC

Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.

Analysis

Maldives recorded 37,424 million SLC for total credit — value standard local currency in 2024. That is the highest value across all 28 years on record.

That represents a change of up 6.3% on the previous year and up 150.7% over ten years.

Over the whole period, total credit — value standard local currency in Maldives peaked at 37,424 million SLC in 2024 and was at its lowest, 993.2 million SLC, in 1997.

That places Maldives 120th out of 165 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Total Credit — Value Standard Local Currency in Maldives, year by year

Annual values for Total Credit — Value Standard Local Currency in Maldives, 1997 to 2024.
Year million SLC Change
1997 993.2 million SLC —
1998 1,257 million SLC +26.5%
1999 1,295 million SLC +3.0%
2000 1,391 million SLC +7.5%
2001 1,812 million SLC +30.2%
2002 2,085 million SLC +15.1%
2003 2,229 million SLC +6.9%
2004 3,526 million SLC +58.2%
2005 5,458 million SLC +54.8%
2006 8,185 million SLC +49.9%
2007 12,486 million SLC +52.6%
2008 16,122 million SLC +29.1%
2009 15,404 million SLC -4.5%
2010 15,094 million SLC -2.0%
2011 15,970 million SLC +5.8%
2012 14,403 million SLC -9.8%
2013 14,534 million SLC +0.9%
2014 14,928 million SLC +2.7%
2015 16,759 million SLC +12.3%
2016 18,496 million SLC +10.4%
2017 20,949 million SLC +13.3%
2018 22,792 million SLC +8.8%
2019 26,814 million SLC +17.6%
2020 29,180 million SLC +8.8%
2021 30,590 million SLC +4.8%
2022 32,232 million SLC +5.4%
2023 35,213 million SLC +9.2%
2024 37,424 million SLC +6.3%

Maldives compared with similar countries

  • Maldives's 37,424 million SLC is below the median for upper middle income countries, which is 484,171 million SLC, 8% of the median. (47 countries reporting)
  • Maldives's 37,424 million SLC is below the median for South Asia, which is 6.87 million million SLC, 1% of the median. (6 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 1,182 million SLC 993.2 million SLC 1,295 million SLC 3
2000s 6,870 million SLC 1,391 million SLC 16,122 million SLC 10
2010s 18,074 million SLC 14,403 million SLC 26,814 million SLC 10
2020s 32,928 million SLC 29,180 million SLC 37,424 million SLC 5

Countries ranked near Maldives

  1. 117 Croatia 39,574 million SLC compare
  2. 118 Afghanistan 39,550 million SLC compare
  3. 119 Cyprus 38,796 million SLC compare
  4. 121 Qatar 36,214 million SLC compare
  5. 122 Libya 30,802 million SLC compare
  6. 123 Jordan 29,324 million SLC compare

See the full ranking of 177 places →

More agriculture & rural data for Maldives

All data for Maldives →

Frequently asked questions

What is total credit — value standard local currency in Maldives?
Total credit — value standard local currency in Maldives was 37,424 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest total credit — value standard local currency recorded in Maldives?
The highest recorded value was 37,424 million SLC in 2024.
What is the lowest total credit — value standard local currency recorded in Maldives?
The lowest recorded value was 993.2 million SLC in 1997.
How does Maldives rank for total credit — value standard local currency?
Maldives ranks 120th out of 165 countries with data for 2024.
Is total credit — value standard local currency rising or falling in Maldives?
Over the last ten years it is up 150.7%. The long-run trend across the full record is volatile.
Where does this Maldives data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Total Credit — Value Standard Local Currency. Statizoid updates them automatically from the source API.

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Total Credit — Value Standard Local Currency in Maldives. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 27 September 2026, from https://agriculture.statizoid.com/stat/total-credit-value-standard-local-currency/maldives/

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About this data

Indicator
Total Credit — Value Standard Local Currency
Unit
million SLC
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
177 places, 4,557 data points, 1991–2024
Last refreshed

Credit to agriculture measures the amount of loans and advances given by the banking sector to farmers, rural households, agricultural cooperatives, or any other agri-related businesses. Each country’s central bank compiles its credit stocks by economic activities as part of its monetary and financial statistics publications via annual or quarterly reports online. Data collection has been carried out mostly through reports found on the central bank websites. Data are collected and compiled according to the International Standard Industrial Classification of All Economic Activities (ISIC Rev. 4: https://unstats.un.org/unsd/classifications/Econ/isic) with a special concentration on the credit to agriculture, forestry and fishing sector separately from the ones to manufacturing and services.