Maldives: Monthly Statistics - November 2022

Transcription

1. MALDIVES MONETARY AUTHORITY MONTHLY STATISTICS NOVEMBER 2022 VOLUME 23 ISSUE 11 mma .gov.mv
2. MALDIVES MONETARY AUTHORITY MONTHLY STATISTICS NOVEMBER 2022 VOLUME 23 ISSUE 11
3. List of acronyms and abbreviations mt na y /y {…} avg. pvt. govt. metric tonne not available/not relevant year on year: current month (or review period) compared to corresponding month (or review period) of previous year zero / nil indicates a percentage change is greater than +999.9 or less than -999.9 average private government Real Sector CPI GDP ND consumer price index gross domestic product non-durable Fiscal Sector GST SOE goods and services tax state-owned enterprise Financial Sector OFC ODC other financial corporations other depository corporations External Sector SDR c.i.f. f.o.b. nes GIR ST FC special drawing rights cost, insurance and freight free on board not elsewhere specified gross international reserve short term foreign currency This issue of monthly statistics contains data available as at 30 November 2022.
4. Table of Contents Page No . 1 Selected Economic Indicators, 2016 - 2022 1 2.1 2.2 3.1 3.2 4.1 4.2 5.1 5.2 5.3 5.4 5.5 5.6 Real Gross Domestic Product, 2016 - 2022 Quarterly Gross Domestic Product, 2016 - 2021 Tourism Indicators, 2016 - 2022 Tourist Arrivals by Nationality, 2016 - 2022 Fish Prices and Production, 2016 - 2022 Volume of Fish Exports, 2016 - 2022 Consumer Price Index - National, 2016 - 2022 Inflation - National, 2016 - 2022 Consumer Price Index - Male', 2016 - 2022 Inflation - Male', 2016 - 2022 Consumer Price Index - Atolls, 2016 - 2022 Inflation - Atolls, 2016 - 2022 3 5 7 9 11 12 13 14 15 16 17 18 6.1 6.2 6.3 6.4 6.5 6.6 6.7 Summary of Central Government Finance, 2016 - 2022 Central Government Revenue and Grants, 2016 - 2022 Central Government Expenditure and Net lending, 2016 - 2022 Central Government Revenue and Expenditure, 2020 - 2022 Public and Publicly Guaranteed Debt of Central Government, 2016 - 2022 Claims on Central Government by Ownership, 2016 - 2022 Summary of Treasury Bills and Islamic Instruments, 2016 - 2022 19 20 21 22 23 24 26 7.1 7.2 7.3 7.4 7.5 7.6 7.7 7.8 7.9 8 9 10 11.1 11.2 11.3 Central Bank Survey, 2016 - 2022 Other Depository Corporations Survey, 2016 - 2022 Depository Corporations Survey, 2016 - 2022 Other Financial Corporations Survey, 2016 - 2022 Financial Corporations Survey, 2016 - 2022 Assets and Liabilities of Maldives Monetary Authority, 2016 - 2022 Assets and Liabilities of Other Depository Corporations, 2016 - 2022 Assets and Liabilities of Other Financial Corporations, 2016 - 2022 Private Sector Loans and Advances by Other Depository Corporations, 2016 - 2022 Interest Rates, 2016 - 2022 Financial Soundness Indicators, 2016 - 2022 Financial Access Survey, 2009 - 2021 Key Indicators of General Insurance Business, 2017 - 2022 Insurance Premium and Claims by Class, 2017 - 2022 Assets and Liabilities of Insurance Corporations, 2016 - 2022 28 30 32 34 35 36 38 39 40 42 43 44 45 46 47 12 13.1 13.2 13.3 14.1 14.2 14.3 14.4 14.5 15 16 Reserve Data Template, 2016 - 2022 Summary of Balance of Payments, 2016 - 2022 Current and Capital Accounts, 2016 - 2022 Financial Account, 2016 - 2022 Imports and Exports, 2016 - 2022 Composition of Exports, 2016 - 2022 Composition of Imports, 2016 - 2022 Direction of Trade - Exports, 2016 - 2022 Direction of Trade - Imports, 2016 - 2022 External Debt and Debt Service, 2015 - 2021 Exchange Rates, 2016 - 2022 48 49 50 51 53 54 55 57 58 59 60 Real Sector National Accounts Tourism Fisheries Inflation Fiscal Sector Government Finance Statistics Government Domestic Debt Financial Sector Monetary and Financial Statistics Interest rates Financial Soundness Indicators Financial Access Survey Insurance External Sector External Assets Balance of Payments External Trade External Debt Exchange rates
5. Table 1 . Selected Economic Indicators, 2017 - 2023 Real sector Gross domestic product 1/ Period Real GDP growth rate Nominal GDP (MVR) Nominal GDP (USD) (1) (2) (3) % Fiscal sector Tourism Total tourist arrivals (4) millions Tourist bednights Bednight capacity (5) (6) thousands Average stay Fisheries Inflation Fish purchases National (7) (8) (9) days mt % Government finance statistics 2/ Total revenue & grants (10) Total expenditure Overall balance (deficit/surplus) (11) (12) millions of MVR Overall balance as a % of GDP (13) % 2017 2018 2019 7.2 8.1 7.1 73,152.5 81,586.1 86,283.8 4,744.0 5,290.9 5,595.6 1,390 1,484 1,703 8,596 9,478 10,689 14,089 15,291 17,260 6.2 6.4 6.3 76,620.7 78,886.1 81,199.9 2.8 -0.1 0.2 20,258.6 22,223.0 23,231.9 22,497.6 26,522.3 28,994.7 -2,238.9 -4,299.3 -5,762.9 -3.1 -5.3 -6.7 2020 2021 2022 -33.5 41.7 12.3 57,623.3 83,098.3 95,241.1 3,736.9 5,389.0 6,176.5 555 1,322 na 3,985 10,073 na 10,146 17,877 na 7.2 8.8 na 79,341.0 88,313.2 na -1.4 0.5 na 15,221.9 21,353.4 26,361.1 28,753.5 32,859.4 39,992.2 -13,531.6 -11,506.0 -13,631.1 -23.5 -13.8 -14.3 2023 7.6 104,389.7 6,769.8 na na na na na na na na na na Real sector Fiscal sector Fisheries Inflation Government finance statistics 3/ Fish purchases National Total revenue & Total expenditure grants (31) (32) (33) days mt % Tourism Period Total tourist arrivals (28) Tourist bednights (29) Bednight capacity (30) thousands Average stay (34) (35) Government domestic debt Treasury bills and Islamic instruments 4/ Commercial Banks (36) (37) Treasury bonds Others (38) (39) Loans & advances (40) millions of MVR 2021 Nov-21 Dec-21 145 164 1,077 1,172 1,566 1,648 8.0 8.4 6,721.2 15,688.5 0.1 0.0 1,796.6 2,784.9 3,025.2 3,688.6 29,614.4 30,411.0 17,595.9 18,381.7 12,018.4 12,029.3 13,586.5 13,589.9 7,487.4 7,443.2 2022 Jan-22 Feb-22 Mar-22 132 149 151 1,176 1,102 1,139 1,678 1,517 1,694 9.0 8.6 8.0 8,802.9 9,251.2 6,534.6 0.2 0.6 1.1 2,856.8 1,871.1 2,769.3 2,535.8 3,010.4 4,138.4 31,434.8 31,683.1 31,401.7 18,895.9 18,689.8 19,460.5 12,539.0 12,993.3 11,941.1 13,602.0 16,102.7 16,029.1 7,207.0 5,844.7 5,783.9 Apr-22 May-22 Jun-22 145 126 111 1,065 877 791 1,645 1,779 1,730 8.1 7.2 7.7 9,875.7 3,892.9 4,109.3 1.2 2.5 5.2 2,164.6 1,744.8 2,912.0 2,712.8 3,096.5 3,389.6 31,937.9 32,156.2 33,612.5 19,876.7 20,007.2 20,477.8 12,061.2 12,149.0 13,134.8 16,039.1 16,034.7 15,996.4 6,459.8 7,202.2 7,023.8 Jul-22 Aug-22 Sep-22 134 132 112 998 1,069 802 1,801 1,805 1,756 8.3 8.3 7.8 2,260.2 4,482.1 7,709.7 2.5 2.6 3.1 3,049.1 1,909.3 1,981.7 2,762.9 3,300.1 3,370.4 33,835.6 34,095.1 34,388.7 19,936.5 20,387.5 20,412.2 13,899.1 13,707.6 13,976.5 15,994.7 15,996.0 15,929.9 6,763.8 7,491.8 7,570.7 Oct-22 154 977 1,837 7.7 6,880.9 2.9 1,514.0 2,867.0 36,244.9 20,366.9 15,878.0 15,985.8 8,196.9 Source: Maldives Bureau of Statistics; Ministry of Tourism; Ministry of Fisheries, Marine Resources, and Agriculture; Ministry of Finance; Maldives Monetary Authority; Maldives Customs Service; Maldives Airports Company Limited; Gan International Airport 1/ GDP has been revised as at 05 October 2022 and broadly complies with the guidelines of SNA 2008. Figures for 2022 and 2023 are projections available as at 31 October 2022. Figures for 2021 are actuals, figures for 2022 are revised estimates and figures for 2023 are projections as per the proposed government budget for 2023. The figures do not accord with the methodology of IMF's GFS Manual 1986 and these are not comparable with annual figures. 4/ Represents the face value of treasury bills and Islamic instruments. 5/ This refers to Financial Corporations Survey. 6/ BOP figures are based on information available as at 30 October 2022 and are compiled in accordance with BPM6 methodologies. 2/ 3/ 1 | Monthly Statistics - November 2022
6. Financial sector External sector Reserve money Monetary operations Overnight deposit facility (avg.) (19) (20) Monetary financial statistics Period Broad money Net foreign assets 5/ (14) (15) Net domestic assets 5/ o/w Net claims on central govt. (16) (17) Claims on pvt. sector (18) millions of MVR External reserves Official reserve assets (USD) (21) Balance of payments 6/ Balance on goods Export (22) (23) Exchange rates Current account balance Import (24) (25) millions of USD millions Current account as a % of GDP (26) % (27) MVR per USD 2017 2018 2019 32,005.9 33,088.3 36,241.4 10,335.6 9,854.2 13,171.5 32,639.8 35,554.7 36,983.2 21,736.5 24,358.4 26,341.9 23,121.6 25,816.5 27,779.5 10,683.2 11,530.9 11,106.2 3,095.1 3,152.2 2,347.5 587.3 712.2 753.5 -1,908.1 -2,424.9 -2,392.4 318.3 339.2 360.7 2,226.5 2,764.2 2,753.1 -1,026.7 -1,502.5 -1,489.7 -21.6 -28.4 -26.6 15.41 15.41 15.38 2020 2021 2022 41,385.0 52,224.9 na 6,860.0 14,744.5 na 49,976.9 54,897.3 na 39,209.0 44,122.8 na 30,468.2 31,740.7 na 12,248.7 12,429.1 na 3,138.2 4,508.2 4,983.4 984.9 805.8 na -1,450.7 -2,106.6 -2,851.0 257.6 285.4 384.8 1,708.3 2,392.0 3,235.8 -1,327.4 -425.5 -1,113.1 -35.6 -7.9 -18.0 15.41 15.39 na 2023 na na na na na na na na -2,929.0 380.0 3,309.0 -1,010.1 -14.9 na Financial sector External sector Monetary financial statistics Period Broad money Net foreign assets 5/ (41) (42) Reserve money Net domestic assets 5/ o/w Net claims on central govt. (43) (44) Claims on pvt. sector (45) (46) Monetary operations Overnight deposit facility (avg.) (47) millions of MVR External reserves Official reserve assets (USD) (48) External trade Exchange rates Total exports (f.o.b.) Domestic exports (49) Re-exports (50) (51) Total imports (c.i.f) (52) millions of USD millions (53) MVR per USD 2021 Nov-21 Dec-21 50,667.2 52,224.9 12,132.1 14,744.5 55,775.0 54,897.3 43,951.8 44,122.8 32,235.8 31,740.7 11,823.1 12,429.1 5,024.2 5,541.6 943.8 805.8 28.6 32.6 11.5 14.4 17.1 18.2 261.7 292.0 15.41 15.39 2022 Jan-22 Feb-22 Mar-22 53,416.5 54,906.2 55,883.1 14,879.2 15,387.2 17,745.8 56,218.2 57,376.5 56,428.8 45,427.3 46,044.3 45,589.6 31,885.1 31,789.9 31,576.1 12,896.7 12,929.8 13,737.8 5,685.7 5,531.6 6,072.2 753.4 766.2 865.2 45.8 34.3 34.5 19.9 15.6 14.9 26.0 18.7 19.6 268.2 245.9 255.2 15.42 15.40 15.37 Apr-22 May-22 Jun-22 56,155.2 55,485.4 57,740.0 17,464.9 16,402.0 17,352.1 57,214.7 57,568.6 59,095.1 46,553.6 47,309.2 48,499.5 31,691.3 31,788.2 32,066.5 13,358.4 13,402.6 12,823.6 6,016.5 6,502.5 6,743.3 829.0 807.9 750.4 30.8 27.6 31.1 12.2 13.6 16.0 18.7 14.0 15.1 306.5 286.4 339.1 15.39 15.40 15.41 Jul-22 Aug-22 Sep-22 54,963.4 53,655.4 51,724.5 14,905.2 13,603.4 10,663.9 58,896.2 58,868.9 60,075.6 48,548.0 48,855.5 49,643.2 32,221.9 32,146.0 32,547.7 13,145.9 12,377.1 11,788.6 6,048.9 5,672.6 5,881.9 728.2 658.0 540.3 23.5 29.5 26.1 5.3 8.4 10.7 18.2 21.1 15.3 276.2 313.6 286.6 15.40 15.38 15.39 Oct-22 52,285.9 9,776.4 61,632.3 51,177.1 33,035.7 12,077.6 5,656.5 499.6 39.1 12.2 26.9 276.7 15.40 Monthly Statistics - November 2022 | 2
7. Table 2 .1 Real Gross Domestic Product, 2017 - 2023 ¹⁄ (Millions of MVR) 2014 constant prices Period Real GDP (at market prices) Taxes less subsidies Real GDP (at basic prices) Primary Secondary o/w Fisheries (2+3) (1) (2) (4+6+8) (3) Tertiary o/w Construction o/w Tourism Transportation Postal and Telecommunication Real estate Public administration (4) (5) (6) (7) (8) (9) (10) (11) (12) (13) 2017 2018 2019 66,701.1 72,119.3 77,238.0 6,709.9 7,273.4 7,774.8 59,991.2 64,846.0 69,463.2 3,302.0 3,459.8 3,201.5 2,484.9 2,624.5 2,346.6 6,956.3 8,036.5 8,208.7 4,251.8 5,122.2 5,133.8 49,732.8 53,349.7 58,053.0 16,322.1 17,901.4 20,141.1 3,934.5 4,028.7 4,330.5 2,697.6 2,777.2 3,043.9 4,495.1 4,754.1 4,967.7 5,554.3 5,854.2 6,626.0 2020 2021 2022 51,368.8 72,812.8 81,768.4 3,652.3 6,985.7 na 47,716.6 65,827.1 na 3,428.3 3,406.5 na 2,589.1 2,526.8 na 6,175.1 6,453.7 na 3,437.5 3,267.7 na 38,113.2 55,967.0 na 7,454.5 18,785.9 na 2,308.9 3,437.5 na 2,494.2 2,628.4 na 5,166.3 5,447.9 na 6,630.9 6,642.5 na 2023 87,945.4 na na na na na na na na na na na na Transportation Postal and Telecommunication y/y % change Period Real GDP (at market prices) (24) Taxes less subsidies (25) Real GDP (at basic prices) (26) Primary Fisheries Secondary Construction (27) (28) (29) (30) Tertiary (31) Tourism (32) (33) (34) Real estate Public administration (35) 2017 2018 2019 7.2 8.1 7.1 8.6 8.4 6.9 7.1 8.1 7.1 8.3 4.8 -7.5 11.0 5.6 -10.6 13.0 15.5 2.1 14.1 20.5 0.2 6.2 7.3 8.8 10.3 9.7 12.5 -1.3 2.4 7.5 4.6 3.0 9.6 0.5 5.8 4.5 12.4 5.4 13.2 2020 2021 2022 -33.5 41.7 12.3 -53.0 91.3 na -31.3 38.0 na 7.1 -0.6 na 10.3 -2.4 na -24.8 4.5 na -33.0 -4.9 na -34.3 46.8 na -63.0 152.0 na -46.7 48.9 na -18.1 5.4 na 4.0 5.4 na 0.1 0.2 na 2023 7.6 na na na na na na na na na na na na Source: Maldives Bureau of Statistics; Ministry of Finance; Maldives Monetary Authority 1/ GDP base year is 2014 and the data broadly complies with the guidelines of System of National Accounts 2008. GDP has been revised as per data available as at 05 October 2022. Figures for 2022 and 2023 are projections available as at 31 October 2022, forecasted by the Maldives Monetary Authority and the Ministry of Finance. 2/ (36) This represents projected mid-year population of Maldives published by the Maldives Bureau of Statistics. Figures include local and expatriate population. 3 | Monthly Statistics - November 2022
8. In % of GDP (at market prices) Primary Secondary Tertiary Fisheries Construction Tourism Transportation Period (14) (17) (18) (19) Postal and Telecommunication (20) (21) Real estate Public administration (22) (23) (15) (16) 2017 2018 2019 5.0 4.8 4.1 10.4 11.1 10.6 74.6 74.0 75.2 3.7 3.6 3.0 6.4 7.1 6.6 24.5 24.8 26.1 5.9 5.6 5.6 4.0 3.9 3.9 6.7 6.6 6.4 8.3 8.1 8.6 2020 2021 2022 6.7 4.7 na 12.0 8.9 na 74.2 76.9 na 5.0 3.5 na 6.7 4.5 na 14.5 25.8 na 4.5 4.7 na 4.9 3.6 na 10.1 7.5 na 12.9 9.1 na 2023 na na na na na na na na na na Memorandum items Period Real GDP at market prices (millions of USD) (37) (38) (39) (40) (41) 2017 2018 2019 4,325.6 4,677.0 5,008.9 4,744.0 5,290.9 5,595.6 73,152.5 81,586.1 86,283.8 9,650.3 10,333.1 10,479.8 491,589 512,038 533,941 2020 2021 2022 3,331.3 4,722.0 5,302.7 3,736.9 5,389.0 6,176.5 57,623.3 83,098.3 95,241.1 6,703.9 9,481.6 10,661.4 557,426 568,362 579,330 2023 5,703.3 6,769.8 104,389.7 11,468.4 590,297 Nominal GDP at market prices (millions of USD) Nominal GDP at market prices (millions of MVR) Nominal GDP per capita at market prices (USD) Total mid year population 2/ Monthly Statistics - November 2022 | 4
9. Table 2 .2 Quarterly Gross Domestic Product, 2016 - 2022 (Millions of MVR) 2014 constant prices Gross domestic product (at market prices) Taxes less subsidies Gross domestic product (at basic prices) Primary Period (2+3) (1) Secondary o/w Fisheries (2) (4+6+8) (3) (4) (5) Tertiary o/w Construction (6) (7) o/w Tourism Transportation and Communication Real estate Public administration (8) (9) (10) (11) (12) 2016 Sep-16 Dec-16 Q3 Q4 15,165.4 16,695.2 1,516.1 1,660.3 13,649.3 15,034.9 522.0 1,061.6 318.8 858.1 1,519.5 1,568.1 950.5 906.4 11,607.9 12,405.2 3,628.3 3,863.1 2,104.5 2,266.2 1,121.0 1,127.1 1,241.5 1,301.0 2017 Mar-17 Jun-17 Sep-17 Dec-17 Q1 Q2 Q3 Q4 17,016.9 15,720.5 16,210.2 17,753.5 1,733.7 1,528.2 1,625.0 1,823.1 15,283.2 14,192.4 14,585.2 15,930.5 894.5 842.6 621.8 943.1 691.4 639.3 417.3 737.0 1,543.1 1,707.3 1,774.2 1,931.7 891.1 1,031.7 1,121.6 1,207.3 12,845.7 11,642.4 12,189.1 13,055.6 4,384.6 3,498.2 3,883.2 4,556.1 2,227.7 1,993.3 2,125.6 2,246.7 1,117.3 1,121.6 1,125.2 1,131.1 1,390.2 1,392.2 1,379.3 1,392.6 2018 Mar-18 Jun-18 Sep-18 Dec-18 Q1 Q2 Q3 Q4 19,190.5 16,787.5 17,371.8 18,769.5 2,036.8 1,619.7 1,754.9 1,862.0 17,153.7 15,167.9 15,616.9 16,907.6 938.4 850.6 646.0 1,024.8 730.9 643.1 436.9 813.6 2,151.3 2,040.6 1,931.8 1,912.9 1,403.9 1,321.5 1,236.3 1,160.4 14,064.1 12,276.7 13,039.1 13,969.9 5,108.1 3,767.9 4,204.6 4,820.8 2,385.0 2,033.5 2,131.3 2,360.9 1,168.1 1,183.7 1,197.1 1,205.2 1,412.1 1,445.3 1,493.4 1,503.5 2019 Mar-19 Jun-19 Sep-19 Dec-19 Q1 Q2 Q3 Q4 20,156.6 18,371.3 18,340.4 20,369.8 2,022.1 1,735.2 1,786.7 2,230.8 18,134.4 16,636.1 16,553.7 18,139.1 873.1 764.5 760.8 803.1 659.5 550.8 547.0 589.4 2,049.2 2,013.8 2,039.1 2,106.7 1,248.6 1,236.2 1,301.8 1,347.2 15,212.1 13,857.8 13,753.9 15,229.2 5,681.7 4,617.9 4,554.0 5,287.6 2,553.0 2,290.2 2,290.0 2,591.9 1,221.7 1,232.9 1,249.8 1,263.3 1,559.6 1,628.1 1,701.8 1,736.4 2020 Mar-20 Jun-20 Sep-20 Dec-20 Q1 Q2 Q3 Q4 18,984.2 8,785.3 9,848.4 13,750.9 1,984.9 130.5 386.5 1,150.4 16,999.3 8,654.8 9,461.9 12,600.5 900.1 578.2 855.5 1,094.4 688.2 370.8 647.1 882.9 1,949.2 1,295.5 1,464.6 1,465.7 1,183.7 701.0 783.5 769.3 14,150.0 6,781.1 7,141.8 10,040.3 4,865.4 133.5 410.6 2,045.0 2,321.3 845.0 939.1 1,445.7 1,276.8 1,283.4 1,296.0 1,310.2 1,718.7 1,690.3 1,633.7 1,588.3 2021 Mar-21 Jun-21 Sep-21 Dec-21 Q1 Q2 Q3 Q4 17,717.6 15,604.8 18,051.1 21,439.3 1,798.2 1,332.4 1,686.6 2,168.6 15,919.4 14,272.4 16,364.6 19,270.7 946.8 709.7 729.5 1,020.4 730.2 491.5 508.3 796.8 1,509.9 1,494.7 1,591.8 1,857.2 741.5 739.6 800.7 985.8 13,462.8 12,067.9 14,043.2 16,393.1 4,609.4 3,455.7 4,735.9 5,984.9 1,883.9 1,614.6 1,942.9 2,298.5 1,318.0 1,324.9 1,370.6 1,434.4 1,657.6 1,656.0 1,653.0 1,675.9 2022 Mar-22 Jun-22 Q1 Q2 21,691.9 20,480.4 2,256.4 2,106.8 19,435.4 18,373.7 1,089.5 852.5 864.5 627.7 1,694.8 1,876.6 808.5 980.3 16,651.1 15,644.6 6,259.8 5,083.6 2,387.6 2,234.1 1,402.6 1,410.6 1,564.0 1,548.1 Source: Maldives Bureau of Statistics Note: Figures have been revised from Q1 2019 onward. 5 | Monthly Statistics - November 2022
10. y /y % change Gross domestic Taxes less Gross domestic Primary product (at subsidies product (at basic market prices) prices) Period (13) (14) Fisheries (15) (16) (17) Secondary Construction Tertiary Tourism Transportation and communication (18) (19) (20) (21) (22) Real estate (23) Public administration (24) 2016 Q3 Q4 5.4 11.5 2.1 9.7 5.8 11.7 -2.2 27.9 -4.7 36.4 8.7 9.3 6.9 3.4 5.8 10.8 6.6 9.4 9.0 15.3 3.6 2.9 -4.8 1.2 2017 Q1 Q2 Q3 Q4 9.5 6.1 6.9 6.3 11.5 5.7 7.2 9.8 9.3 6.2 6.9 6.0 22.8 14.1 19.1 -11.2 31.5 19.3 30.9 -14.1 4.1 7.6 16.8 23.2 -0.4 5.8 18.0 33.2 9.1 5.4 5.0 5.2 7.3 8.8 7.0 17.9 6.2 1.4 1.0 -0.9 1.0 0.2 0.4 0.4 16.2 15.7 11.1 7.0 2018 Q1 Q2 Q3 Q4 12.8 6.8 7.2 5.7 17.5 6.0 8.0 2.1 12.2 6.9 7.1 6.1 4.9 0.9 3.9 8.7 5.7 0.6 4.7 10.4 39.4 19.5 8.9 -1.0 57.5 28.1 10.2 -3.9 9.5 5.4 7.0 7.0 16.5 7.7 8.3 5.8 7.1 2.0 0.3 5.1 4.5 5.5 6.4 6.6 1.6 3.8 8.3 8.0 2019 Q1 Q2 Q3 Q4 5.0 9.4 5.6 8.5 -0.7 7.1 1.8 19.8 5.7 9.7 6.0 7.3 -7.0 -10.1 17.8 -21.6 -9.8 -14.4 25.2 -27.6 -4.7 -1.3 5.6 10.1 -11.1 -6.5 5.3 16.1 8.2 12.9 5.5 9.0 11.2 22.6 8.3 9.7 7.0 12.6 7.4 9.8 4.6 4.2 4.4 4.8 10.4 12.7 14.0 15.5 2020 Q1 Q2 Q3 Q4 -5.8 -52.2 -46.3 -32.5 -1.8 -92.5 -78.4 -48.4 -6.3 -48.0 -42.8 -30.5 3.1 -24.4 12.4 36.3 4.4 -32.7 18.3 49.8 -4.9 -35.7 -28.2 -30.4 -5.2 -43.3 -39.8 -42.9 -7.0 -51.1 -48.1 -34.1 -14.4 -97.1 -91.0 -61.3 -9.1 -63.1 -59.0 -44.2 4.5 4.1 3.7 3.7 10.2 3.8 -4.0 -8.5 2021 Q1 Q2 Q3 Q4 -6.7 77.6 83.3 55.9 -9.4 921.2 336.4 88.5 -6.4 64.9 73.0 52.9 5.2 22.7 -14.7 -6.8 6.1 32.6 -21.5 -9.8 -22.5 15.4 8.7 26.7 -37.4 5.5 2.2 28.1 -4.9 78.0 96.6 63.3 -5.3 {...} {...} 192.7 -18.8 91.1 106.9 59.0 3.2 3.2 5.8 9.5 -3.6 -2.0 1.2 5.5 2022 Q1 Q2 22.4 31.2 25.5 58.1 22.1 28.7 15.1 20.1 18.4 27.7 12.3 25.5 9.0 32.5 23.7 29.6 35.8 47.1 26.7 38.4 6.4 6.5 -5.6 -6.5 Monthly Statistics - November 2022 | 6
11. Table 3 .1 Tourism Indicators, 2016 - 2022 Tourist arrivals & stay Period Capacity & operations Total arrivals (thousands) Bednights (thousands) Average stay (days) 1/ Operational bed capacity Bednight capacity (thousands) (1) (2) (3) (4) (5) 2016 2017 2018 1,286 1,390 1,484 7,771 8,596 9,478 6.0 6.2 6.4 33,802 38,592 41,887 12,373 14,089 15,291 2019 2020 2021 1,703 555 1,322 10,689 3,985 10,073 6.3 7.2 8.8 47,274 27,745 48,960 Registered bed capacity International flight Movements Memorandum items 3/ Travel receipts 6/ (millions of USD) Occupancy rate (%) Resorts in 2/ operation (7) (8) 35,353 39,536 43,050 62.9 61.1 62.1 111 124 130 11,811 11,586 11,935 10,887 10,618 11,112 924 968 823 2,506.7 2,743.7 3,028.1 17,260 10,146 17,877 48,910 52,341 54,612 62.3 25.7 56.1 146 91 154 13,781 5,896 12,887 12,800 4,795 10,382 981 1,101 2,505 3,157.1 1,397.9 3,473.1 Total number of arrival flights Scheduled flights 4/ General flights 5/ (10+11) (6) (9) (10) (11) (12) 2020 Nov-20 Dec-20 36 96 279 623 8.9 9.1 37,378 42,194 1,121 1,308 52,968 51,827 24.9 47.7 127 140 491 810 328 647 163 163 141.2 318.5 2021 Jan-21 Feb-21 Mar-21 92 97 110 835 763 870 9.2 8.8 8.7 43,984 45,303 46,179 1,364 1,268 1,432 52,832 52,928 53,270 61.3 60.1 60.8 144 146 150 1,164 843 1,108 712 625 765 452 218 343 306.1 306.9 385.3 Apr-21 May-21 Jun-21 91 65 56 746 600 467 9.3 9.1 9.0 48,265 48,066 48,396 1,448 1,490 1,452 53,985 53,859 53,945 51.5 40.3 32.1 154 154 154 1,017 763 585 736 592 530 281 171 55 230.6 215.9 103.4 Jul-21 Aug-21 Sep-21 102 144 115 769 1,014 740 9.1 9.6 8.1 48,752 50,402 51,084 1,511 1,562 1,533 54,313 54,919 55,675 50.9 64.9 48.3 155 155 156 882 1,186 1,150 819 1,052 1,033 63 134 117 228.8 227.0 222.5 Oct-21 Nov-21 Dec-21 142 145 164 1,021 1,077 1,172 8.3 8.0 8.4 51,740 52,194 53,160 1,604 1,566 1,648 56,043 56,463 57,107 63.7 68.8 71.1 160 160 161 1,299 1,358 1,532 1,145 1,155 1,218 154 203 314 305.4 462.7 478.4 Jan-22 Feb-22 Mar-22 132 149 151 1,176 1,102 1,139 9.0 8.6 8.0 54,114 54,172 54,661 1,678 1,517 1,694 57,429 57,585 57,877 70.1 72.7 67.2 162 162 164 1,523 1,277 1,323 1,135 1,025 1,111 388 252 212 466.2 533.4 430.8 Apr-22 May-22 Jun-22 145 126 111 1,065 877 791 8.1 7.2 7.7 54,846 57,371 57,654 1,645 1,779 1,730 58,123 58,521 58,677 64.7 49.3 45.7 164 164 164 1,177 1,235 1,089 1,009 1,062 986 168 173 103 350.2 228.4 209.2 Jul-22 Aug-22 Sep-22 134 132 112 998 1,069 802 8.3 8.3 7.8 58,100 58,233 58,521 1,801 1,805 1,756 59,319 59,455 59,676 55.4 59.2 45.7 164 164 164 1,160 1,204 1,082 1,058 1,081 994 102 123 88 253.8 248.5 256.8 2022 2021 2022 Oct-22 154 977 7.7 59,260 1,837 60,218 53.2 166 1,275 1,121 154 na Jan - Oct Jan - Oct 1,013 1,344 7,825 9,994 8.9 8.1 48,217 56,693 14,664 17,241 54,177 58,688 53.4 58.3 153 164 9,997 12,345 8,009 10,582 1,988 1,763 2,532.0 na Source: Ministry of Tourism; Maldives Monetary Authority; Maldives Airports Company Limited 1/ From April 2020 to June 2020, average stay and tourist bednights is based on the estimated number of tourists in the Maldives during the months April, May and June 2020 as due to the COVID-19 pandemic, some tourists in the Maldives were unable to travel back to their home country. Furthermore, from August 2020 average stay is based on a new data source available from Maldives Immigration portal. 2/ 3/ 4/ 5/ 6/ Annual data refers to average number of resorts in operation. This data refers to flight movements at Velana International Airport. From April 2020 onward, data for scheduled flights include cargo flights. This refers to chartered flights and private flights. This is calculated using tourism goods and services tax, green tax, tourism tax, duty free sales and airport development fee. Note: Figures from February 2022 to September 2022 have been revised. 7 | Monthly Statistics - November 2022
12. y /y % change Period Tourist arrivals (13) Bednights Operational bed capacity Bednight capacity Registered Total number of arrival bed capacity flights Scheduled Flights General Flights (14) (15) (16) (17) (18) (19) (20) 2016 2017 2018 4.2 8.0 6.8 6.1 10.6 10.3 7.6 14.2 8.5 7.9 13.9 8.5 7.7 11.8 8.9 1.4 -1.9 3.0 1.2 -2.5 4.7 3.9 4.8 -15.0 2019 2020 2021 14.7 -67.4 138.0 12.8 -62.7 152.8 12.9 -41.3 76.5 12.9 -41.2 76.2 13.6 7.0 4.3 15.5 -57.2 118.6 15.2 -62.5 116.5 19.2 12.2 127.5 2020 Nov-20 Dec-20 -74.1 -43.7 -68.5 -40.7 -24.7 -15.5 -24.7 -15.5 3.6 0.8 -57.8 -40.0 -70.1 -46.9 139.7 25.4 2021 Jan-21 Feb-21 Mar-21 -46.9 -35.3 83.8 -26.9 -25.3 54.8 -13.2 -11.0 -9.5 -13.2 -14.1 -9.5 1.6 1.3 1.8 -19.4 -23.5 47.9 -43.7 -37.6 14.9 152.5 115.8 313.3 Apr-21 May-21 Jun-21 {...} {...} {...} {...} {...} {...} 527.6 {...} {...} 527.6 {...} {...} 3.2 2.9 3.2 {...} 469.4 346.6 {...} 596.5 476.1 602.5 249.0 41.0 Jul-21 Aug-21 Sep-21 {...} {...} {...} {...} {...} 882.3 396.4 161.7 101.7 396.4 161.7 101.7 4.0 4.9 6.4 472.7 420.2 439.9 637.8 537.6 593.3 46.5 112.7 82.8 Oct-21 Nov-21 Dec-21 560.3 304.7 70.4 501.7 285.9 88.0 58.7 39.6 26.0 58.7 39.6 26.0 6.0 6.6 10.2 272.2 176.6 89.1 387.2 252.1 88.3 35.1 24.5 92.6 Jan-22 Feb-22 Mar-22 43.1 53.8 37.6 40.8 44.5 30.9 23.0 19.6 18.4 23.0 19.6 18.4 8.7 8.8 8.6 30.8 51.5 19.4 59.4 64.0 45.2 -14.2 15.6 -38.2 Apr-22 May-22 Jun-22 59.3 94.3 97.4 42.7 46.1 69.4 13.6 19.4 19.1 13.6 19.4 19.1 7.7 8.7 8.8 15.7 61.9 86.2 37.1 79.4 86.0 -40.2 1.2 87.3 Jul-22 Aug-22 Sep-22 31.2 -8.2 -2.5 29.8 5.5 8.3 19.2 15.5 14.6 19.2 15.5 14.6 9.2 8.3 7.2 31.5 1.5 -5.9 29.2 2.8 -3.8 61.9 -8.2 -24.8 2022 2021 2022 Oct-22 8.2 -4.4 14.5 14.5 7.4 -1.8 -2.1 Jan - Oct Jan - Oct 139.3 32.7 153.9 27.7 90.3 17.6 90.0 17.6 3.5 8.3 117.6 23.5 109.7 32.1 156.5 -11.3 Monthly Statistics - November 2022 | 8
13. Table 3 .2 Tourist Arrivals, 2016 - 2022 Tourist arrivals Europe Asia Africa Americas Oceania Period (2 to 8) (1) (2) (3) (4) (5) (6) Middle East (7) UN o/w passport Germany holders & others (8) (9) Italy (10) Russia (11) United Kingdom France (12) (13) China (14) India Australia U.S.A (15) (16) (17) 2016 2017 2018 1,286,135 1,389,542 1,484,274 575,176 646,363 726,420 572,336 586,791 580,928 10,752 14,678 15,354 50,458 61,972 68,764 25,708 30,308 40,510 51,330 49,193 52,114 375 237 184 106,381 112,109 117,532 71,202 88,867 105,297 46,522 61,931 70,935 101,843 103,977 114,602 40,487 42,365 50,476 324,326 306,530 283,116 66,955 83,019 90,474 23,584 27,360 37,254 32,589 39,180 42,901 2019 2020 2021 1,702,887 555,494 1,321,937 833,939 348,349 772,460 661,000 134,279 336,546 18,695 6,458 27,442 84,794 32,060 88,910 44,140 7,964 4,849 60,003 26,288 91,413 316 96 317 131,561 36,435 95,358 136,343 46,690 27,309 83,369 61,387 222,422 126,199 52,720 62,777 59,738 28,031 30,068 284,029 34,245 2,238 166,030 62,960 291,787 39,928 7,220 4,077 54,474 19,759 55,760 2020 Nov-20 Dec-20 35,757 96,412 20,522 63,487 8,558 20,699 503 1,996 3,390 4,929 236 728 2,530 4,557 18 16 2,083 4,363 267 1,045 8,580 15,323 2,091 14,431 517 3,998 61 171 7,609 18,637 209 607 2,093 3,005 2021 Jan-21 Feb-21 Mar-21 92,103 96,882 109,585 63,748 62,686 69,081 20,906 27,191 29,452 890 822 1,486 3,840 3,846 5,686 327 326 481 2,367 1,992 3,370 25 19 29 3,390 3,996 7,278 580 849 917 20,973 19,724 22,826 2,504 2,052 3,378 3,728 1,652 1,801 122 108 132 19,135 24,905 25,690 283 276 410 1,960 2,237 3,841 Apr-21 May-21 Jun-21 91,200 64,613 56,166 60,919 44,276 35,997 20,069 5,167 1,208 1,957 1,729 2,190 5,457 5,918 5,552 467 436 158 2,298 7,059 11,046 33 28 15 5,457 5,008 2,709 935 656 428 22,929 19,472 18,727 2,923 2,191 583 1,679 1,292 802 142 149 85 16,918 2,776 251 386 365 130 3,765 3,894 3,843 Jul-21 Aug-21 Sep-21 101,818 143,599 114,896 53,279 59,580 46,055 15,739 57,792 47,866 4,160 3,469 3,657 8,681 7,997 8,753 528 306 239 19,397 14,416 8,303 34 39 23 6,079 9,916 9,627 816 2,024 896 18,153 17,069 11,435 2,269 1,491 1,355 1,222 2,397 1,632 181 273 153 13,520 54,094 43,160 445 246 204 5,837 5,064 4,883 Oct-21 Nov-21 Dec-21 142,066 144,725 164,284 86,309 86,222 104,308 34,933 36,205 40,018 3,659 2,044 1,379 9,953 12,573 10,654 376 452 753 6,807 7,211 7,147 29 18 25 16,354 13,704 11,840 2,488 5,535 11,185 17,570 15,935 17,609 11,876 15,117 17,038 3,738 3,948 6,177 247 199 447 29,603 29,708 32,027 311 384 637 5,729 7,592 7,115 Jan-22 Feb-22 Mar-22 131,764 149,008 150,748 100,578 111,348 93,810 15,577 19,617 30,383 1,339 1,600 2,934 8,386 9,246 12,713 761 710 1,313 5,103 6,456 9,558 20 31 37 10,018 11,272 13,580 10,293 9,262 10,481 23,347 20,082 8,806 13,182 18,072 19,330 5,158 8,930 6,541 290 282 399 10,751 14,769 21,163 699 655 1,186 5,027 5,784 8,696 Apr-22 May-22 Jun-22 145,280 125,522 110,889 97,507 55,003 55,144 30,807 44,412 35,806 2,297 2,502 2,404 10,750 10,393 8,721 2,325 2,063 2,111 1,578 11,124 6,686 16 25 17 15,366 9,149 8,418 10,843 4,329 3,872 5,382 8,885 15,327 24,350 12,808 8,728 5,246 2,580 1,379 705 726 1,071 21,836 29,984 22,101 2,127 1,897 2,007 6,925 6,628 6,149 Jul-22 Aug-22 Sep-22 133,561 131,862 111,986 75,778 81,971 63,577 30,844 30,258 30,505 2,384 2,653 1,952 9,475 7,242 8,088 2,648 2,222 3,540 12,407 7,491 4,311 25 25 13 8,415 9,472 8,679 4,705 10,356 4,675 19,585 21,792 20,341 13,519 12,955 8,853 2,041 2,478 1,507 1,544 1,253 1,054 16,229 16,374 15,393 2,413 2,051 3,333 6,743 4,965 5,360 2022 2021 2022 Oct-22 153,737 92,543 40,935 2,466 10,360 3,127 4,273 33 15,572 6,063 20,639 14,815 3,137 1,157 21,750 2,865 6,726 Jan - Oct Jan - Oct 1,012,928 1,344,357 581,930 827,259 260,323 309,144 24,019 22,531 65,683 95,374 3,644 20,820 77,055 68,987 274 242 69,814 109,941 10,589 74,879 188,878 164,186 30,622 146,612 19,943 38,997 1,592 8,481 230,052 190,350 3,056 19,233 41,053 63,003 Source: Ministry of Tourism 9 | Monthly Statistics - November 2022
14. y /y % change Period Tourist arrivals (18) Europe Asia Africa Americas Oceania Middle East (19) (20) (21) (22) (23) (24) Germany (25) Italy Russia United Kingdom France China India (26) (27) (28) (29) (30) (31) (32) (33) Australia U.S.A 2016 2017 2018 4.2 8.0 6.8 7.3 12.4 12.4 -1.0 2.5 -1.0 16.3 36.5 4.6 8.2 22.8 11.0 18.1 17.9 33.7 22.3 -4.2 5.9 1.2 5.4 4.8 8.5 24.8 18.5 5.0 33.1 14.5 9.8 2.1 10.2 -3.7 4.6 19.1 -9.8 -5.5 -7.6 27.9 24.0 9.0 19.5 16.0 36.2 11.2 20.2 9.5 2019 2020 2021 14.7 -67.4 138.0 14.8 -58.2 121.7 13.8 -79.7 150.6 21.8 -65.5 324.9 23.3 -62.2 177.3 9.0 -82.0 -39.1 15.1 -56.2 247.7 11.9 -72.3 161.7 29.5 -65.8 -41.5 17.5 -26.4 262.3 10.1 -58.2 19.1 18.3 -53.1 7.3 0.3 -87.9 -93.5 83.5 -62.1 363.4 7.2 -81.9 -43.5 27.0 -63.7 182.2 2020 Nov-20 Dec-20 -74.1 -43.7 -72.5 -32.3 -81.5 -63.8 -57.8 -36.8 -57.7 -46.2 -93.5 -76.6 -40.5 -6.7 -83.7 -61.7 -97.6 -95.1 5.0 69.6 -82.5 20.5 -87.8 -41.6 -99.6 -98.9 -47.3 -11.2 -93.7 -78.7 -59.6 -51.6 2021 Jan-21 Feb-21 Mar-21 -46.9 -35.3 83.8 -32.7 -38.8 64.4 -64.4 -14.5 168.9 -42.1 -26.5 125.8 -52.5 -48.4 78.6 -88.8 -85.6 -67.2 -67.6 -58.4 150.4 -65.6 -65.8 9.1 -97.2 -95.7 -77.1 67.4 103.6 239.3 -76.7 -86.1 -53.6 -46.4 -84.7 -55.4 -99.6 -93.4 -73.5 38.2 60.5 367.4 -89.5 -86.5 -70.5 -61.2 -50.8 111.0 Apr-21 May-21 Jun-21 {...} {...} {...} na {...} {...} {...} {...} na na na na na na na na na na {...} na na na {...} na na {...} na na na na na na {...} na {...} na na na na {...} {...} na na na na na na na Jul-21 Aug-21 Sep-21 {...} {...} {...} {...} {...} 734.5 {...} {...} {...} {...} {...} {...} {...} 724.4 476.2 {...} 393.5 262.1 {...} 597.1 410.3 {...} {...} {...} {...} 294.5 {...} {...} {...} 453.8 786.3 108.5 115.8 {...} 696.3 484.9 {...} 702.9 363.6 {...} {...} {...} {...} 402.0 234.4 {...} 651.3 422.2 Oct-21 Nov-21 Dec-21 560.3 304.7 70.4 482.3 320.1 64.3 {...} 323.1 93.3 {...} 306.4 -30.9 337.3 270.9 116.1 98.9 91.5 3.4 273.6 185.0 56.8 {...} 557.9 171.4 {...} {...} 970.3 193.1 85.7 14.9 567.2 623.0 18.1 242.0 663.6 54.5 502.4 226.2 161.4 {...} 290.4 71.8 94.4 83.7 4.9 295.4 262.7 136.8 Jan-22 Feb-22 Mar-22 43.1 53.8 37.6 57.8 77.6 35.8 -25.5 -27.9 3.2 50.4 94.6 97.4 118.4 140.4 123.6 132.7 117.8 173.0 115.6 224.1 183.6 195.5 182.1 86.6 {...} 990.9 {...} 11.3 1.8 -61.4 426.4 780.7 472.2 38.4 440.6 263.2 137.7 161.1 202.3 -43.8 -40.7 -17.6 147.0 137.3 189.3 156.5 158.6 126.4 Apr-22 May-22 Jun-22 59.3 94.3 97.4 60.1 24.2 53.2 53.5 759.5 {...} 17.4 44.7 9.8 97.0 75.6 57.1 397.9 373.2 {...} -31.3 57.6 -39.5 181.6 82.7 210.7 {...} 559.9 804.7 -76.5 -54.4 -18.2 733.0 484.6 {...} 212.4 99.7 71.9 396.5 387.2 {...} 29.1 980.1 {...} 451.0 419.7 {...} 83.9 70.2 60.0 Jul-22 Aug-22 Sep-22 31.2 -8.2 -2.5 42.2 37.6 38.0 96.0 -47.6 -36.3 -42.7 -23.5 -46.6 9.1 -9.4 -7.6 401.5 626.1 {...} -36.0 -48.0 -48.1 38.4 -4.5 -9.8 476.6 411.7 421.8 7.9 27.7 77.9 495.8 768.9 553.4 67.0 3.4 -7.7 753.0 359.0 588.9 20.0 -69.7 -64.3 442.2 733.7 {...} 15.5 -2.0 9.8 2022 2021 2022 Oct-22 8.2 7.2 17.2 -32.6 4.1 731.6 -37.2 -4.8 143.7 17.5 24.7 -16.1 368.4 -26.5 821.2 17.4 Jan - Oct Jan - Oct 139.3 32.7 120.1 42.2 147.9 18.8 506.7 -6.2 176.7 45.2 -47.9 471.4 301.3 -10.5 132.8 57.5 -76.7 607.1 403.9 -13.1 -15.4 378.8 -15.2 95.5 -95.3 432.7 526.6 -17.3 -52.3 529.4 180.0 53.5 Monthly Statistics - November 2022 | 10
15. Table 4 .1 Fish Prices and Production, 2016 - 2022 Local Companies Purchase Prices (MVR/kg) Period Skipjack tuna Yellow fin tuna Iced skipjack tuna International Market Prices (MVR/kg) 1/ Skipjack tuna Yellow fin tuna (5) Fish purchases (mt) Bigeye tuna (6) Skipjack tuna (8 to 10) (7) (8) Yellow fin tuna (9) Others (10) Total Fish Catch (mt) (11) y/y % change Yellow fin tuna Others Total Fish Catch Memorandum items Fish exports (millions of USD) Fish purchases Skipjack tuna (12) (13) (14) (15) (16) (17) (1) (2) (3) (4) 2016 2017 2018 17.0 18.0 18.0 66.5 62.5 68.7 19.0 20.0 20.0 25.4 23.9 20.0 139.4 157.5 150.4 516.9 296.2 558.7 53,876.0 76,620.7 78,886.1 29,392.8 48,093.3 51,725.6 22,406.2 26,656.6 25,529.3 2,077.0 1,870.8 1,631.2 129,191.0 143,160.0 151,024.3 19.1 42.2 3.0 40.5 63.6 7.6 -2.6 19.0 -4.2 59.5 -9.9 -12.8 1.4 10.8 5.5 134.8 193.1 173.8 2019 2020 2021 18.0 14.0 14.0 75.4 61.1 86.7 20.0 16.0 16.0 13.9 21.6 25.4 413.9 352.3 na 406.1 316.5 na 81,199.9 79,341.0 88,313.2 49,108.3 52,364.0 70,453.4 30,692.8 26,096.5 16,808.7 1,398.8 880.5 1,051.0 135,068.9 148,583.0 144,992.7 2.9 -2.3 11.3 -5.1 6.6 34.5 20.2 -15.0 -35.6 -14.2 -37.1 19.4 -10.6 10.0 -2.4 150.1 155.2 139.9 2020 Nov-20 Dec-20 14.0 14.0 35.5 61.1 16.0 16.0 19.7 21.6 352.3 352.3 270.8 316.5 7,921.8 8,348.2 4,935.3 6,342.0 2,818.4 1,953.5 168.1 52.7 18,874.9 17,937.6 40.5 105.3 68.2 205.3 7.2 2.2 118.3 -33.5 68.9 114.4 10.6 24.4 2021 Jan-21 Feb-21 Mar-21 14.0 14.0 14.0 63.7 54.3 64.4 16.0 16.0 16.0 19.3 18.2 20.4 415.1 411.9 na 274.3 385.6 na 9,164.4 8,663.7 7,357.7 7,053.2 6,500.6 5,682.5 1,856.5 2,073.2 1,537.3 254.7 89.9 137.9 16,102.3 14,229.6 11,556.6 118.4 20.1 -31.5 234.0 45.9 -15.2 -7.0 -22.0 -61.3 190.3 -11.1 91.0 94.9 10.8 -37.3 9.8 10.3 11.6 Apr-21 May-21 Jun-21 14.0 14.0 14.0 87.3 95.8 85.6 16.0 16.0 16.0 20.8 20.8 20.0 na na na na na na 7,689.6 4,240.7 5,409.8 7,098.1 3,877.9 4,448.5 544.1 341.2 906.7 47.4 21.6 54.6 12,365.8 6,847.2 8,991.3 28.7 89.4 44.0 132.2 131.6 52.8 -81.2 -39.4 8.2 125.4 {...} 616.9 21.9 59.0 31.6 7.9 18.5 9.3 Jul-21 Aug-21 Sep-21 14.0 14.0 14.0 88.1 90.9 87.4 16.0 16.0 16.0 20.8 23.1 19.3 na na na na na na 4,077.9 6,098.8 7,590.0 2,866.9 4,225.5 5,757.1 1,167.1 1,791.3 1,745.5 44.0 82.0 87.4 7,040.5 9,796.1 12,333.6 -34.9 -15.9 -3.9 -36.8 -18.8 7.8 -31.1 -7.2 -28.1 42.0 -28.8 -31.0 -32.5 -23.8 -10.9 9.8 15.0 10.2 Oct-21 Nov-21 Dec-21 14.0 14.0 14.0 92.3 83.1 86.7 16.0 16.0 16.0 20.0 23.1 25.4 na na na na na na 5,611.0 6,721.2 15,688.5 4,241.8 5,243.8 13,457.5 1,311.9 1,418.0 2,116.1 57.3 59.4 114.9 9,476.6 10,996.9 25,256.1 -25.6 -15.2 87.9 -16.7 6.2 112.2 -44.1 -49.7 8.3 -39.9 -64.6 118.2 -31.5 -41.7 40.8 13.6 10.6 13.4 Jan-22 Feb-22 Mar-22 14.0 14.0 15.0 83.8 66.7 82.4 16.0 16.0 17.0 27.0 24.7 25.4 na na na na na na 8,802.9 9,251.2 6,534.6 6,964.2 7,705.3 5,390.7 1,780.3 1,508.0 1,113.1 58.4 37.9 30.7 na na na -3.9 6.8 -11.2 -1.3 18.5 -5.1 -4.1 -27.3 -27.6 -77.1 -57.8 -77.7 na na na 18.4 14.2 13.8 Apr-22 May-22 Jun-22 15.0 15.0 15.0 90.6 93.8 88.2 17.0 17.0 17.0 29.3 27.8 23.1 na na na na na na 9,875.7 3,892.9 4,109.3 9,281.8 3,601.6 3,283.6 586.7 279.4 823.1 7.3 11.9 2.6 na na na 28.4 -8.2 -24.0 30.8 -7.1 -26.2 7.8 -18.1 -9.2 -84.6 -45.0 -95.2 na na na 10.9 12.5 15.1 Jul-22 Aug-22 Sep-22 15.0 15.0 15.0 97.7 99.2 70.9 17.0 17.0 17.0 21.6 24.7 27.0 na na na na na na 2,260.2 4,482.1 7,709.7 1,715.4 3,563.9 6,916.8 542.8 906.1 781.1 2.0 12.1 11.8 na na na -44.6 -26.5 1.6 -40.2 -15.7 20.1 -53.5 -49.4 -55.3 -95.4 -85.3 -86.5 na na na 4.5 7.3 10.0 2022 2021 2022 Oct-22 15.0 74.1 17.0 24.7 na na 6,880.9 5,681.5 1,195.1 4.3 na 22.6 33.9 -8.9 -92.6 na 11.3 Jan - Oct Jan - Oct 14.0 15.0 92.3 74.1 16.0 17.0 20.0 24.7 na na na na 65,903.5 63,799.5 51,752.2 54,104.8 13,274.7 9,515.6 876.7 179.1 108,739.6 na 4.5 -3.2 26.0 4.5 -37.7 -28.3 32.9 -79.6 -2.7 na 115.9 118.0 Source: Ministry of Fisheries, Marine Resources, and Agriculture; Maldives Customs Service 1/ Skipjack prices are based on Bangkok frozen market prices, yellow fin tuna prices are based on Spain Mercamadrid Fresh Market prices and bigeye tuna prices are based on Japanese frozen bigeye tuna prices. 11 | Monthly Statistics - November 2022
16. Table 4 .2 Volume of Fish Exports, 2016 - 2022 (Quantity in mt) Fish exports y/y % change Fresh, chilled or frozen tuna Period (2+6+7+8) (1) (2) Skipjack tuna Yellowfin tuna (3) (4) Fresh, chilled or Other tuna frozen fish (excluding tuna) (5) (6) Canned or pouched (7) Processed fish, nes o/w Processed tuna, nes (8) (9) Fish exports Fresh, Fresh, chilled or chilled or frozen tuna frozen fish (excluding tuna) Canned or pouched Processed fish, nes (10) (11) (12) (13) (14) 2016 2017 2018 46,500.8 72,000.4 65,813.9 39,261.8 63,338.6 53,758.9 21,829.6 41,059.0 37,864.4 16,782.9 21,578.2 15,280.6 649.4 701.4 613.8 1,513.8 1,865.7 2,025.5 3,035.0 4,800.1 8,451.6 2,690.1 1,996.0 1,578.0 2,303.5 1,645.1 1,273.2 6.8 54.8 -8.6 7.5 61.3 -15.1 10.0 23.2 8.6 4.1 58.2 76.1 -1.0 -25.8 -20.9 2019 2020 2021 56,421.9 67,779.1 76,890.8 46,000.5 57,410.9 66,476.4 27,340.7 42,001.2 49,848.4 18,381.7 15,395.9 16,440.0 278.2 13.8 188.0 1,273.3 829.5 777.7 7,235.7 7,148.7 7,861.2 1,912.5 2,389.9 1,775.6 1,674.8 1,758.9 1,417.1 -14.3 20.1 13.4 -14.4 24.8 15.8 -37.1 -34.9 -6.3 -14.4 -1.2 10.0 21.2 25.0 -25.7 2020 Nov-20 Dec-20 3,536.8 14,460.6 2,453.1 13,649.8 1,385.1 11,241.2 1,068.0 2,400.7 7.9 135.5 101.8 653.9 417.5 294.3 291.5 205.5 187.7 -51.1 342.7 -62.6 413.2 18.8 95.6 70.6 1.2 69.0 105.3 2021 Jan-21 Feb-21 Mar-21 4,651.6 5,232.7 5,729.4 3,761.9 4,398.6 4,824.4 2,420.3 3,126.9 3,970.6 1,341.2 1,271.6 833.7 0.3 0.1 20.1 94.9 85.9 113.0 563.8 569.9 619.2 231.0 178.3 172.8 188.8 141.2 124.6 -33.2 -2.3 28.7 -40.3 -4.9 38.9 49.1 -12.1 51.1 21.8 10.0 -23.6 74.1 51.8 82.6 Apr-21 May-21 Jun-21 4,425.6 12,098.2 4,735.8 3,915.2 11,452.4 3,909.3 2,362.8 10,699.0 3,118.2 1,552.4 753.4 788.8 0.0 0.0 2.2 16.1 1.8 72.2 408.7 568.9 633.2 85.5 75.0 121.1 73.9 68.7 80.6 -33.5 270.1 27.7 -35.4 317.5 41.4 31.5 -49.7 126.6 -4.3 21.7 -19.3 -43.3 37.9 -5.4 Jul-21 Aug-21 Sep-21 4,932.9 8,747.4 5,277.9 3,993.4 7,814.4 4,614.5 3,272.8 4,780.8 2,637.5 592.4 3,033.3 1,976.2 128.3 0.3 0.8 55.6 89.9 65.8 705.0 650.1 533.7 178.9 193.0 64.0 143.0 161.7 59.7 143.6 46.7 143.9 293.0 61.0 329.3 15.5 53.1 -37.0 -1.0 -6.5 -22.9 -28.1 -45.4 -78.1 Oct-21 Nov-21 Dec-21 7,792.3 5,490.1 7,776.9 6,928.3 4,487.0 6,376.9 5,126.8 4,016.2 4,316.7 1,801.6 470.6 2,024.7 0.0 0.2 35.5 44.3 50.8 87.4 640.7 857.0 1,111.0 179.0 95.4 201.6 122.5 74.6 177.8 -15.6 55.2 -46.2 -17.4 82.9 -53.3 -54.3 -62.6 -14.1 26.3 31.1 166.1 -22.8 -67.6 -30.8 Jan-22 Feb-22 Mar-22 10,044.8 7,627.2 7,512.7 8,889.6 6,549.6 6,629.0 6,983.1 5,684.4 5,538.4 1,885.2 821.4 1,029.2 21.3 43.9 61.5 75.0 90.5 80.9 893.6 878.0 674.4 186.6 109.0 128.4 166.2 87.6 87.1 115.9 45.8 31.1 136.3 48.9 37.4 -21.0 5.4 -28.4 58.5 54.1 8.9 -19.2 -38.9 -25.7 Apr-22 May-22 Jun-22 5,722.2 6,118.8 7,975.8 4,842.1 5,147.6 7,050.4 3,563.8 4,450.6 6,321.0 1,259.7 576.0 690.5 18.6 121.0 38.9 5.2 20.2 93.6 815.3 928.2 762.6 59.6 22.8 69.2 55.8 19.8 47.5 29.3 -49.4 68.4 23.7 -55.1 80.3 -67.7 {...} 29.7 99.5 63.1 20.4 -30.4 -69.6 -42.9 Jul-22 Aug-22 Sep-22 1,655.2 3,092.5 4,806.3 991.2 2,189.7 4,166.5 751.8 1,893.7 3,624.3 180.7 256.9 509.1 58.7 39.1 33.2 28.4 61.9 69.3 562.0 714.5 433.5 73.7 126.4 137.0 68.7 113.4 119.3 -66.4 -64.6 -8.9 -75.2 -72.0 -9.7 -49.0 -31.1 5.3 -20.3 9.9 -18.8 -58.8 -34.5 114.1 2022 2021 2022 Oct-22 5,423.9 4,548.1 4,182.7 326.2 39.1 46.4 666.4 163.1 139.2 -30.4 -34.4 4.6 4.0 -8.9 Jan - Oct Jan - Oct 63,623.8 59,979.4 55,612.5 51,003.8 41,515.6 42,993.8 13,944.7 7,534.9 152.2 475.1 639.5 571.4 5,893.2 7,328.4 1,478.7 1,075.7 1,164.7 904.6 27.8 -5.7 34.6 -8.3 8.0 -10.6 -3.0 24.4 -18.0 -27.2 Source: Maldives Customs Service Monthly Statistics - November 2022 | 12
17. Table 5 .1 Consumer Price Index - National, 2016 - 2022 (August 2019 = 100) All items o/w Food & non-alcoholic beverages o/w Food o/w Fish (ND) Period (1) Base Weight (2) (3) Housing, water, electricity, gas and other fuel (4) (5) Furnishing household equipment, carpets and other floor coverings (6) Health (7) Transport Information and communication Education services (8) (9) (10) Restaurants and accomodation services Total excluding Fish Total excluding Food & nonalcoholic beverages (11) (12) (13) 100.00 21.97 19.52 4.10 23.42 6.74 6.63 8.09 10.11 3.93 4.92 95.90 78.03 2015 2016 2017 2018 96.40 96.89 99.62 99.49 95.71 96.26 101.65 100.55 95.54 96.19 101.84 100.61 98.29 96.73 99.83 101.54 96.05 96.33 97.56 97.39 99.90 100.81 101.94 100.57 95.80 97.53 97.30 97.76 98.96 97.44 97.92 98.91 100.47 99.71 99.57 100.32 89.38 93.73 97.69 99.97 89.98 91.53 93.38 95.31 96.23 96.90 99.60 99.30 96.68 97.14 98.80 99.06 2019 2020 2021 99.70 98.34 98.87 99.76 102.48 104.32 99.73 102.71 104.57 98.72 101.15 100.31 99.54 94.86 95.71 100.03 99.46 99.17 99.65 100.16 100.15 99.18 98.12 100.86 100.26 90.47 82.58 100.00 99.91 100.27 99.16 100.14 100.51 99.77 98.22 98.81 99.73 97.17 97.34 2020 Nov-20 Dec-20 99.02 99.05 102.78 102.80 102.94 102.95 98.24 97.96 96.42 96.43 99.46 99.49 100.17 100.17 100.39 100.08 87.64 88.23 100.04 100.04 100.50 100.40 99.05 99.10 97.96 98.00 2021 Jan-21 Feb-21 Mar-21 99.30 99.25 99.05 103.22 103.90 103.38 103.37 104.10 103.51 95.15 94.41 97.70 96.40 96.30 96.57 99.67 98.90 99.00 100.15 100.15 100.15 100.09 100.36 100.44 88.91 86.90 85.17 100.45 100.45 100.45 100.37 100.37 100.37 99.48 99.46 99.11 98.20 97.94 97.84 Apr-21 May-21 Jun-21 99.14 98.61 96.47 103.77 103.75 104.08 103.95 103.92 104.29 102.94 103.51 102.91 96.55 96.55 86.09 99.06 98.66 99.12 100.15 100.15 100.15 100.44 100.44 100.84 85.13 80.29 82.06 100.45 100.45 100.45 100.37 100.17 100.17 98.98 98.40 96.20 97.83 97.16 94.33 Jul-21 Aug-21 Sep-21 99.17 99.25 98.95 104.01 104.94 104.82 104.22 105.24 105.12 101.43 100.49 100.91 96.50 96.61 96.64 99.12 99.15 99.27 100.15 100.15 100.16 101.41 101.35 101.19 84.16 82.41 79.71 100.45 100.45 99.83 100.28 100.22 100.21 99.07 99.20 98.87 97.81 97.65 97.30 Oct-21 Nov-21 Dec-21 99.04 99.15 99.08 105.43 105.42 105.13 105.81 105.80 105.44 102.36 101.51 100.38 96.68 96.74 96.85 99.33 99.41 99.33 100.16 99.74 100.56 101.44 101.15 101.17 78.75 79.21 78.30 99.93 99.93 99.93 100.21 101.70 101.62 98.89 99.05 99.02 97.24 97.39 97.38 Jan-22 Feb-22 Mar-22 99.47 99.81 100.10 105.22 105.63 106.34 105.49 105.93 106.71 99.71 100.16 101.28 97.05 97.24 97.18 100.12 101.19 100.89 103.73 104.17 104.62 100.22 100.71 102.58 77.66 77.33 77.44 99.83 99.83 99.83 103.34 103.44 103.42 99.46 99.80 100.05 97.86 98.17 98.34 Apr-22 May-22 Jun-22 100.36 101.03 101.48 107.57 108.65 109.49 108.06 109.14 109.96 103.16 107.33 111.02 97.12 97.15 97.21 101.21 101.76 102.25 104.58 104.58 104.58 102.65 106.20 110.08 77.37 77.77 76.27 99.83 99.83 99.83 103.48 103.55 103.55 100.24 100.76 101.64 98.33 98.89 100.03 Jul-22 Aug-22 Sep-22 101.63 101.86 102.02 110.23 111.42 111.75 110.76 112.07 112.45 111.07 109.67 110.42 97.23 97.25 97.26 102.82 102.37 102.71 104.58 104.58 104.58 110.47 109.56 109.99 75.20 75.06 75.20 99.83 101.79 101.79 103.55 103.55 104.21 101.23 101.53 101.66 99.21 99.17 99.28 Oct-22 101.95 111.69 112.37 112.64 96.86 102.81 104.59 109.96 75.17 101.79 104.21 101.49 99.20 2022 Source: Maldives Bureau of Statistics Note: Annual data refers to twelve month average, monthly data refers to end of period. 13 | Monthly Statistics - November 2022
18. Table 5 .2 Inflation - National, 2016 - 2022 (August 2019 = 100) y/y % change in CPI All items o/w Food & non-alcoholic beverages o/w Food o/w Period Housing, water, electricity, gas and other fuel Fish (ND) Furnishing household equipment, carpets and other floor coverings Health Transport Information and communication Education services (10) Restaurants and accomodation services (11) Total excluding Fish Total excluding Food & nonalcoholic beverages (1) (2) (3) (4) (5) (6) (7) (8) (9) 2016 2017 2018 0.5 2.8 -0.1 0.6 5.6 -1.1 0.7 5.9 -1.2 -1.6 3.2 1.7 0.3 1.3 -0.2 0.9 1.1 -1.3 1.8 -0.2 0.5 -1.5 0.5 1.0 -0.8 -0.1 0.8 4.9 4.2 2.3 1.7 2.0 2.1 (12) 0.7 2.8 -0.3 (13) 0.5 1.7 0.3 2019 2020 2021 0.2 -1.4 0.5 -0.8 2.7 1.8 -0.9 3.0 1.8 -2.8 2.5 -0.8 2.2 -4.7 0.9 -0.5 -0.6 -0.3 1.9 0.5 -0.0 0.3 -1.1 2.8 -0.1 -9.8 -8.7 0.0 -0.1 0.4 4.0 1.0 0.4 0.5 -1.6 0.6 0.7 -2.6 0.2 2020 Nov-20 Dec-20 -0.9 -1.3 2.2 0.3 2.3 0.2 -0.2 0.7 -3.6 -3.6 0.7 0.8 -0.0 -0.0 1.9 1.7 -12.1 -12.3 0.0 0.0 0.2 0.1 -0.9 -1.4 -1.8 -1.8 2021 Jan-21 Feb-21 Mar-21 -0.9 -1.0 -0.1 0.7 1.3 1.7 0.6 1.2 1.7 -5.6 -9.4 -4.1 -3.7 -3.8 -3.5 1.0 -1.0 -0.8 -0.0 -0.0 -0.0 1.4 1.7 2.8 -10.3 -11.8 -5.9 0.4 0.4 0.4 0.0 0.1 0.0 -0.7 -0.6 0.1 -1.4 -1.7 -0.6 Apr-21 May-21 Jun-21 3.3 2.7 0.9 1.3 0.2 2.4 1.1 -0.1 2.4 -0.2 -1.6 2.2 11.4 11.8 -0.2 -0.3 -0.7 -0.3 -0.0 -0.0 -0.0 3.0 3.0 3.6 -3.6 -9.6 -6.7 0.4 1.2 1.2 0.1 2.0 0.0 3.5 2.9 0.9 4.0 3.5 0.5 Jul-21 Aug-21 Sep-21 0.9 0.4 0.1 2.8 2.5 1.7 2.8 2.6 1.7 1.6 0.0 0.3 -0.1 0.1 0.3 -0.4 -0.3 -0.2 -0.0 -0.0 -0.0 4.2 4.1 3.9 -7.2 -7.4 -9.9 0.4 0.4 -0.2 -0.0 -0.0 -0.0 0.9 0.5 0.1 0.4 -0.2 -0.4 Oct-21 Nov-21 Dec-21 0.1 0.1 0.0 2.3 2.6 2.3 2.5 2.8 2.4 1.7 3.3 2.5 0.3 0.3 0.4 -0.2 -0.1 -0.2 -0.0 -0.4 0.4 4.2 0.8 1.1 -10.9 -9.6 -11.3 -0.1 -0.1 -0.1 -0.1 1.2 1.2 0.1 -0.0 -0.1 -0.5 -0.6 -0.6 Jan-22 Feb-22 Mar-22 0.2 0.6 1.1 1.9 1.7 2.9 2.1 1.8 3.1 4.8 6.1 3.7 0.7 1.0 0.6 0.4 2.3 1.9 3.6 4.0 4.5 0.1 0.3 2.1 -12.7 -11.0 -9.1 -0.6 -0.6 -0.6 3.0 3.1 3.0 -0.0 0.3 0.9 -0.4 0.2 0.5 Apr-22 May-22 Jun-22 1.2 2.5 5.2 3.7 4.7 5.2 4.0 5.0 5.4 0.2 3.7 7.9 0.6 0.6 12.9 2.2 3.1 3.2 4.4 4.4 4.4 2.2 5.7 9.2 -9.1 -3.1 -7.1 -0.6 -0.6 -0.6 3.1 3.4 3.4 1.3 2.4 5.7 0.5 1.8 6.0 Jul-22 Aug-22 Sep-22 2.5 2.6 3.1 6.0 6.2 6.6 6.3 6.5 7.0 9.5 9.1 9.4 0.8 0.7 0.6 3.7 3.2 3.5 4.4 4.4 4.4 8.9 8.1 8.7 -10.6 -8.9 -5.7 -0.6 1.3 2.0 3.3 3.3 4.0 2.2 2.3 2.8 1.4 1.6 2.0 Oct-22 2.9 5.9 6.2 10.0 0.2 3.5 4.4 8.4 -4.5 1.9 4.0 2.6 2.0 2022 Source: Maldives Bureau of Statistics Monthly Statistics - November 2022 | 14
19. Table 5 .3 Consumer Price Index - Male', 2016 - 2022 (August 2019 = 100) All items o/w Food & non-alcoholic beverages o/w Food 1/ o/w Fish (ND) Period (1) Base Weight (2) (3) Housing, water, electricity, gas and other fuel (4) (5) Furnishing household equipment, carpets and other floor coverings (6) Health (7) Transport Information and communication Education services (8) (9) (10) Restaurants and accomodation services Total excluding Fish Total excluding Food & nonalcoholic beverages (11) (12) (13) 100.00 18.42 15.86 3.25 31.89 5.46 5.19 6.66 9.33 5.15 5.47 96.75 81.58 2016 2017 2018 94.73 96.88 98.21 98.45 101.81 100.37 98.43 101.91 100.35 103.53 103.08 101.60 89.75 92.20 95.87 100.83 102.53 101.01 91.88 92.13 92.90 99.15 97.30 97.25 98.02 98.01 99.33 94.30 96.02 99.95 90.70 90.98 93.77 94.11 96.45 97.97 93.65 95.45 97.58 2019 2020 2021 99.51 97.92 98.13 99.42 102.42 104.89 99.38 102.70 105.22 98.81 98.72 98.30 99.43 94.85 95.02 99.91 99.08 99.08 98.92 100.00 100.06 99.23 98.79 99.91 100.15 90.96 83.34 99.98 99.83 99.72 98.57 100.23 100.93 99.55 97.89 98.12 99.55 96.90 96.60 2020 Nov-20 Dec-20 98.27 98.25 103.39 102.91 103.71 103.14 98.19 97.09 95.46 95.46 99.22 99.28 100.00 100.00 98.52 98.52 88.09 88.77 100.00 100.00 100.53 100.53 98.28 98.29 97.12 97.20 2021 Jan-21 Feb-21 Mar-21 98.56 98.50 98.27 104.11 104.96 103.94 104.43 105.34 104.16 97.09 95.46 95.77 95.46 95.40 95.61 99.41 98.13 98.44 100.00 100.00 100.00 98.52 98.81 99.14 89.44 87.54 85.86 100.00 100.00 100.00 100.53 100.53 100.53 98.61 98.60 98.35 97.31 97.04 96.99 Apr-21 May-21 Jun-21 98.38 97.94 95.86 104.48 104.47 105.10 104.78 104.76 105.50 100.31 102.28 102.07 95.64 95.64 87.96 98.45 98.45 99.33 100.00 100.00 100.00 99.14 99.14 99.85 85.89 81.15 82.86 100.00 100.00 100.00 100.53 100.53 100.53 98.32 97.79 95.65 97.01 96.46 93.78 Jul-21 Aug-21 Sep-21 98.45 98.64 98.10 104.62 106.20 104.76 104.94 106.70 105.02 98.62 98.12 97.31 95.58 95.74 95.74 99.33 99.39 99.45 100.00 100.00 100.00 100.63 100.52 100.52 85.01 83.13 80.52 100.00 100.00 99.17 100.53 100.53 100.53 98.44 98.66 98.13 97.05 96.94 96.60 Oct-21 Nov-21 Dec-21 98.11 98.33 98.41 105.04 105.32 105.63 105.35 105.68 106.03 96.85 97.76 97.91 95.76 95.81 95.85 99.56 99.61 99.43 100.00 99.23 101.49 100.87 100.87 100.87 79.63 80.04 79.08 99.17 99.17 99.17 100.53 102.93 102.93 98.15 98.35 98.43 96.55 96.75 96.78 Jan-22 Feb-22 Mar-22 99.12 99.53 99.72 106.01 106.62 107.27 106.47 107.16 107.90 99.02 99.10 99.50 96.03 96.02 95.96 100.69 102.83 102.09 107.79 108.21 109.23 101.52 102.24 103.94 78.48 78.12 78.18 98.57 98.57 98.57 104.48 104.48 104.45 99.12 99.54 99.72 97.56 97.93 98.01 Apr-22 May-22 Jun-22 99.77 100.64 100.97 107.84 110.30 111.09 108.51 111.11 111.91 101.33 107.63 110.33 95.89 95.86 95.82 102.09 103.64 104.38 108.94 108.94 108.94 104.05 106.73 110.21 78.16 78.76 77.28 98.57 98.57 98.57 104.55 104.55 104.55 99.71 100.40 100.66 97.94 98.45 98.69 Jul-22 Aug-22 Sep-22 101.13 101.35 101.54 112.21 113.26 114.23 113.16 114.35 115.49 112.42 108.07 113.02 95.81 95.81 95.82 104.51 103.60 103.60 108.94 108.94 108.94 110.58 109.92 109.87 76.33 76.07 76.15 98.57 101.17 101.17 104.55 104.55 104.55 100.75 101.13 101.15 98.63 98.67 98.68 Oct-22 101.39 114.13 115.37 115.52 95.29 103.73 108.96 109.87 76.13 101.17 104.55 100.91 98.51 2022 Source: Maldives Bureau of Statistics Note: Annual data refers to twelve month average, monthly data refers to end of period. 15 | Monthly Statistics - November 2022
20. Table 5 .4 Inflation - Male', 2016 - 2022 (August 2019 = 100) y/y % change in CPI All items o/w Food & non-alcoholic beverages o/w Food 1/ o/w Period Housing, water, electricity, gas and other fuel Fish (ND) Furnishing household equipment, carpets and other floor coverings Health Transport Information and communication Education services (10) Restaurants and accomodation services (11) Total excluding Fish Total excluding Food & nonalcoholic beverages (1) (2) (3) (4) (5) (6) (7) (8) (9) (12) (13) 2016 2017 2018 0.8 2.3 1.4 -1.1 3.4 -1.4 -1.2 3.5 -1.5 -4.7 -0.4 -1.4 2.0 2.7 4.0 1.7 1.7 -1.5 1.0 0.3 0.8 0.1 -1.9 -0.1 -0.5 -0.0 1.3 7.0 1.8 4.1 1.5 0.3 3.1 1.3 2.5 1.6 1.4 1.9 2.2 2019 2020 2021 1.3 -1.6 0.2 -0.9 3.0 2.4 -1.0 3.3 2.5 -2.7 -0.1 -0.4 3.7 -4.6 0.2 -1.1 -0.8 -0.0 6.5 1.1 0.1 2.0 -0.4 1.1 0.8 -9.2 -8.4 0.0 -0.1 -0.1 5.1 1.7 0.7 1.6 -1.7 0.2 2.0 -2.7 -0.3 2020 Nov-20 Dec-20 -1.7 -2.0 2.8 1.1 3.1 1.1 -1.1 -1.9 -4.6 -4.6 2.1 2.2 - -1.6 -1.6 -11.6 -11.9 0.0 0.0 -0.0 -0.0 -1.7 -2.1 -2.7 -2.8 2021 Jan-21 Feb-21 Mar-21 -1.6 -1.8 -0.9 2.0 2.6 2.7 2.1 2.7 2.8 -1.4 -6.1 -2.7 -4.6 -4.7 -4.4 2.3 -1.5 -0.9 - -1.7 -1.3 0.6 -9.8 -11.4 -5.6 0.0 0.0 0.0 -0.0 - -1.6 -1.6 -0.9 -2.5 -2.8 -1.8 Apr-21 May-21 Jun-21 3.1 2.7 0.7 2.8 1.3 3.3 2.9 1.1 3.4 0.2 2.5 4.7 7.9 8.3 -0.2 -0.8 -0.8 0.2 0.0 - 0.6 0.6 1.4 -3.3 -9.3 -6.6 0.0 1.0 1.0 0.0 3.3 0.3 3.2 2.7 0.5 3.2 3.0 0.0 Jul-21 Aug-21 Sep-21 0.5 0.4 -0.2 2.9 3.6 1.2 3.0 3.9 1.1 -0.5 0.4 -1.1 -0.1 0.1 0.4 0.2 0.2 0.2 - 2.1 2.0 2.0 -6.9 -7.2 -9.4 0.0 0.0 -0.8 - 0.6 0.4 -0.2 -0.0 -0.4 -0.6 Oct-21 Nov-21 Dec-21 -0.2 0.1 0.2 1.8 1.9 2.6 1.9 1.9 2.8 -1.5 -0.4 0.8 0.4 0.4 0.4 0.4 0.4 0.1 -0.8 1.5 2.4 2.4 2.4 -10.5 -9.1 -10.9 -0.8 -0.8 -0.8 2.4 2.4 -0.1 0.1 0.1 -0.7 -0.4 -0.4 Jan-22 Feb-22 Mar-22 0.6 1.0 1.5 1.8 1.6 3.2 2.0 1.7 3.6 2.0 3.8 3.9 0.6 0.7 0.4 1.3 4.8 3.7 7.8 8.2 9.2 3.0 3.5 4.8 -12.3 -10.8 -8.9 -1.4 -1.4 -1.4 3.9 3.9 3.9 0.5 1.0 1.4 0.3 0.9 1.1 Apr-22 May-22 Jun-22 1.4 2.8 5.3 3.2 5.6 5.7 3.6 6.1 6.1 1.0 5.2 8.1 0.3 0.2 8.9 3.7 5.3 5.1 8.9 8.9 8.9 5.0 7.7 10.4 -9.0 -2.9 -6.7 -1.4 -1.4 -1.4 4.0 4.0 4.0 1.4 2.7 5.2 1.0 2.1 5.2 Jul-22 Aug-22 Sep-22 2.7 2.7 3.5 7.3 6.6 9.0 7.8 7.2 10.0 14.0 10.1 16.1 0.2 0.1 0.1 5.2 4.2 4.2 8.9 8.9 8.9 9.9 9.4 9.3 -10.2 -8.5 -5.4 -1.4 1.2 2.0 4.0 4.0 4.0 2.3 2.5 3.1 1.6 1.8 2.2 Oct-22 3.3 8.7 9.5 19.3 -0.5 4.2 9.0 8.9 -4.4 2.0 4.0 2.8 2.0 2022 Source: Maldives Bureau of Statistics Monthly Statistics - November 2022 | 16
21. Table 5 .5 Consumer Price Index - Atolls, 2016 - 2022 (August 2019 = 100) All items o/w Food & non-alcoholic beverages o/w Food o/w Fish (ND) Period (1) Base Weight (2) (3) Housing, water, electricity, gas and other fuel (4) (5) Furnishing household equipment, carpets and other floor coverings (6) Health (7) Transport Information and communication Education services (8) (9) (10) Restaurants and accomodation services (11) Total excluding Fish (12) Total excluding Food & nonalcoholic beverages (13) 100.00 26.69 24.38 5.23 12.13 8.44 8.54 10.01 11.15 2.30 4.18 94.77 73.31 2016 2017 2018 98.86 102.12 100.65 94.95 101.56 100.66 94.87 101.80 100.76 92.72 97.92 101.51 114.19 112.07 101.52 100.80 101.56 100.30 100.05 99.62 99.92 96.08 98.41 100.21 101.20 100.95 101.20 92.93 100.00 100.00 93.09 97.87 98.20 99.55 102.59 100.56 100.90 102.41 100.65 2019 2020 2021 99.87 98.89 99.86 99.97 102.52 103.80 99.95 102.72 103.99 98.60 103.16 101.98 99.85 94.89 98.13 100.18 99.79 99.24 99.99 100.29 100.22 99.10 97.53 101.71 100.35 89.93 81.74 100.04 100.14 101.90 100.26 99.98 99.78 99.98 98.66 99.74 99.89 97.57 98.43 2020 Nov-20 Dec-20 100.01 100.12 102.23 102.69 102.28 102.79 98.28 98.69 99.81 99.82 99.68 99.67 100.30 100.30 102.05 101.47 87.15 87.64 100.15 100.15 100.44 100.18 100.11 100.20 99.21 99.19 2021 Jan-21 Feb-21 Mar-21 100.28 100.25 100.10 102.39 102.94 102.87 102.45 103.03 102.95 93.54 93.55 99.30 99.68 99.48 99.94 99.90 99.56 99.48 100.27 100.27 100.27 101.49 101.73 101.59 88.32 86.18 84.41 101.80 101.80 101.80 100.11 100.11 100.11 100.66 100.62 100.15 99.52 99.27 99.09 Apr-21 May-21 Jun-21 100.15 99.50 97.28 103.13 103.09 103.13 103.23 103.19 103.25 105.12 104.53 103.61 99.76 99.74 79.55 99.58 98.85 98.94 100.27 100.27 100.27 101.59 101.60 101.72 84.29 79.34 81.18 101.80 101.80 101.80 100.11 99.55 99.55 99.87 99.22 96.93 99.06 98.20 95.16 Jul-21 Aug-21 Sep-21 100.13 100.05 100.09 103.44 103.79 104.88 103.60 103.99 105.21 103.77 102.46 103.89 99.72 99.66 99.78 98.94 98.94 99.12 100.27 100.27 100.28 102.09 102.09 101.79 83.21 81.61 78.80 101.80 101.80 101.80 99.86 99.70 99.66 99.93 99.92 99.88 98.93 98.69 98.35 Oct-21 Nov-21 Dec-21 100.27 100.24 99.97 105.78 105.52 104.67 106.20 105.91 104.93 106.93 104.62 102.42 99.94 100.01 100.34 99.13 99.24 99.24 100.28 100.16 99.81 101.96 101.41 101.44 77.78 78.28 77.43 102.22 102.22 102.22 99.66 99.57 99.34 99.90 100.00 99.83 98.26 98.32 98.26 Jan-22 Feb-22 Mar-22 99.95 100.19 100.60 104.50 104.72 105.48 104.64 104.87 105.67 100.29 101.03 102.75 100.62 101.48 101.45 99.63 99.78 99.86 100.43 100.90 100.90 99.08 99.37 101.39 76.75 76.45 76.62 103.60 103.60 103.60 101.36 101.61 101.61 99.93 100.14 100.49 98.29 98.54 98.83 Apr-22 May-22 Jun-22 101.16 101.56 102.16 107.32 107.13 108.03 107.67 107.44 108.27 104.68 107.08 111.59 101.43 101.65 102.10 100.45 100.13 100.41 101.06 101.06 101.06 101.42 105.74 109.98 76.49 76.66 75.14 103.60 103.60 103.60 101.61 101.80 101.80 100.96 101.25 100.30 98.91 99.53 99.29 Jul-22 Aug-22 Sep-22 102.30 102.53 102.66 108.42 109.72 109.47 108.68 110.10 109.82 109.95 110.99 108.26 102.18 102.25 102.30 101.38 101.31 101.94 101.06 101.06 101.06 110.39 109.25 110.11 73.95 73.95 74.14 103.60 103.66 103.66 101.80 101.80 103.62 101.87 102.07 102.35 100.07 99.92 100.18 Oct-22 102.69 109.44 109.78 110.25 102.35 102.02 101.06 110.06 74.10 103.66 103.62 102.27 100.23 2022 Source: Maldives Bureau of Statistics Note: Annual data refers to twelve month average, monthly data refers to end of period. 17 | Monthly Statistics - November 2022
22. Table 5 .6 Inflation - Atolls, 2016 - 2022 (August 2019 = 100) y/y % change in CPI All items o/w Food & non-alcoholic beverages o/w Food o/w Period Housing, water, electricity, gas and other fuel Fish (ND) Furnishing household equipment, carpets and other floor coverings Health Transport Information and communication Education services Restaurants and accomodation services (10) (11) Total excluding Fish Total excluding Food & nonalcoholic beverages (1) (2) (3) (4) (5) (6) (7) (8) (9) (12) (13) 2016 2017 2018 0.2 3.3 -1.4 1.7 7.0 -0.9 1.8 7.3 -1.0 0.6 5.6 3.7 -3.1 -1.9 -9.4 0.4 0.8 -1.2 2.1 -0.4 0.3 -2.8 2.4 1.8 -1.0 -0.2 0.3 2.1 7.6 0.0 2.2 5.1 0.3 0.2 3.1 -2.0 -0.4 1.5 -1.7 2019 2020 2021 -0.8 -1.0 1.0 -0.7 2.6 1.2 -0.8 2.8 1.2 -2.9 4.6 -1.1 -1.6 -5.0 3.4 -0.1 -0.4 -0.5 0.1 0.3 -0.1 -1.1 -1.6 4.3 -0.8 -10.4 -9.1 0.0 0.1 1.8 2.1 -0.3 -0.2 -0.6 -1.3 1.1 -0.8 -2.3 0.9 2020 Nov-20 Dec-20 0.2 -0.4 1.6 -0.3 1.7 -0.5 0.5 2.9 -0.2 -0.2 -0.4 -0.3 -0.0 -0.0 5.0 4.7 -12.6 -12.8 0.0 0.0 0.4 0.2 0.2 -0.6 -0.4 -0.4 2021 Jan-21 Feb-21 Mar-21 -0.0 0.0 1.0 -0.5 0.1 0.8 -0.7 -0.1 0.7 -9.0 -12.1 -5.3 -0.3 -0.8 -0.3 -0.1 -0.6 -0.7 -0.0 -0.0 -0.0 4.1 4.5 4.7 -10.7 -12.3 -6.2 1.6 1.6 1.6 0.1 0.1 0.1 0.5 0.7 1.4 0.1 -0.0 1.1 Apr-21 May-21 Jun-21 3.7 2.8 1.3 -0.2 -0.8 1.5 -0.4 -1.1 1.5 -0.5 -4.7 0.2 25.1 25.2 -0.2 -0.0 -0.7 -0.8 -0.0 -0.0 -0.0 5.2 5.2 5.6 -3.9 -10.0 -6.9 1.6 1.7 1.7 0.2 -0.3 -0.3 3.9 3.3 1.4 5.2 4.2 1.2 Jul-21 Aug-21 Sep-21 1.4 0.6 0.5 2.6 1.4 2.1 2.7 1.5 2.3 3.4 -0.2 1.3 -0.1 -0.2 -0.0 -0.8 -0.8 -0.6 -0.0 -0.0 -0.0 6.0 6.0 5.6 -7.5 -7.7 -10.5 1.6 1.6 1.6 -0.0 -0.0 -0.1 1.3 0.6 0.4 1.0 0.2 -0.1 Oct-21 Nov-21 Dec-21 0.6 0.2 -0.2 2.7 3.2 1.9 3.0 3.5 2.1 4.3 6.5 3.8 0.1 0.2 0.5 -0.7 -0.4 -0.4 -0.0 -0.1 -0.5 5.8 -0.6 -0.0 -11.4 -10.2 -11.7 2.1 2.1 2.1 -0.4 -0.9 -0.8 0.4 -0.1 -0.4 -0.2 -0.9 -0.9 Jan-22 Feb-22 Mar-22 -0.3 -0.1 0.5 2.1 1.7 2.5 2.1 1.8 2.6 7.2 8.0 3.5 0.9 2.0 1.5 -0.3 0.2 0.4 0.2 0.6 0.6 -2.4 -2.3 -0.2 -13.1 -11.3 -9.2 1.8 1.8 1.8 1.2 1.5 1.5 -0.7 -0.5 0.3 -1.2 -0.7 -0.3 Apr-22 May-22 Jun-22 1.0 2.1 5.0 4.1 3.9 4.7 4.3 4.1 4.9 -0.4 2.4 7.7 1.7 1.9 28.3 0.9 1.3 1.5 0.8 0.8 0.8 -0.2 4.1 8.1 -9.3 -3.4 -7.4 1.8 1.8 1.8 1.5 2.3 2.3 1.1 2.0 3.5 -0.2 1.4 4.3 Jul-22 Aug-22 Sep-22 2.2 2.5 2.6 4.8 5.7 4.4 4.9 5.9 4.4 6.0 8.3 4.2 2.5 2.6 2.5 2.5 2.4 2.8 0.8 0.8 0.8 8.1 7.0 8.2 -11.1 -9.4 -5.9 1.8 1.8 1.8 1.9 2.1 4.0 1.9 2.1 2.5 1.2 1.2 1.9 Oct-22 2.4 3.5 3.4 3.1 2.4 2.9 0.8 7.9 -4.7 1.4 4.0 2.4 2.0 2022 Source: Maldives Bureau of Statistics Monthly Statistics - November 2022 | 18
23. Table 6 .1 Summary of Central Government Finance, 2016 - 2022 ¹⁄ (Millions of MVR) Total revenue & grants Period Current revenue (2+3+4) (1) (2) Total expenditure Capital revenue 3/ (3) Grants (4) (6+7) (5) Deficit / Surplus Net lending Current expenditure (6) Overall balance Capital expenditure (7) In % of GDP (8) (1-5) (9) (10) Primary balance (11) Financing Current balance (2-6) (12) (14+15) (13) Foreign financing Domestic financing (14) (15) 2016 2017 2018 18,578.1 20,258.6 22,223.0 17,455.6 19,337.3 21,037.0 869.4 577.6 366.2 253.1 343.8 819.8 25,306.5 22,497.6 26,522.3 16,141.0 14,955.2 18,268.0 9,165.5 7,542.4 8,254.3 -43.5 -77.4 -103.6 -6,728.4 -2,238.9 -4,299.3 -10.0 -3.1 -5.3 -5,546.1 -1,142.0 -2,859.1 1,314.6 4,382.1 2,769.0 6,728.4 2,238.9 4,299.9 1,931.9 3,041.8 5,712.8 4,796.5 -802.9 -1,412.9 2019 2020 2021 23,231.9 15,221.9 21,353.4 22,021.6 14,248.3 20,278.3 55.4 15.6 43.3 1,154.9 958.0 1,031.8 28,994.7 28,753.5 32,859.4 21,372.0 20,307.4 24,036.5 7,622.8 8,446.1 8,822.9 -75.2 -175.3 na -5,762.9 -13,531.6 -11,506.0 -6.7 -23.5 -13.8 -4,222.1 -11,927.8 -9,401.5 649.6 -6,059.1 -3,758.2 5,762.9 13,531.6 11,506.0 936.1 2,504.1 5,182.1 4,826.8 11,027.6 6,323.8 26,361.1 25,594.4 174.5 592.3 39,992.2 27,894.5 12,097.7 na -13,631.1 -14.3 -10,396.7 -2,300.2 13,631.1 2,504.5 11,126.6 Current expenditure Capital expenditure Net lending 2022 2/ 2/ y/y % change Revenue & grants Period Current revenue 2022 2/ Total expenditure Deficit / Surplus Overall balance Primary balance Financing Foreign financing Domestic financing Current balance (21) (22) (23) (24) (25) (26) (27) (28) (29) (30) (31) (32) 7.3 9.0 9.7 5.5 10.8 8.8 622.8 -33.6 -36.6 -60.3 35.8 138.5 18.0 -11.1 17.9 -3.5 -7.3 22.2 94.7 -17.7 9.4 58.1 -77.7 -33.9 -62.7 66.7 -92.0 -99.0 79.4 -150.4 811.5 233.3 -36.8 62.7 -66.7 92.1 748.8 57.4 87.8 8.2 -116.7 -76.0 4.5 -34.5 40.3 4.7 -35.3 42.3 -84.9 -71.9 178.1 40.9 -17.0 7.7 9.3 -0.8 14.3 17.0 -5.0 18.4 -7.7 10.8 4.5 27.4 -133.1 na -34.0 -134.8 15.0 -47.7 -182.5 21.2 -76.5 {...} 38.0 34.0 134.8 -15.0 -83.6 167.5 106.9 441.6 128.5 -42.7 23.5 26.2 302.8 -42.6 21.7 16.1 37.1 na -18.5 -10.6 38.8 18.5 -51.7 75.9 2016 2017 2018 2/ Grants (20) (19) 2019 2020 2021 Capital revenue Source: Ministry of Finance 1/ Format based on IMF Government Finance Statistics Manual (GFSM 1986). The table is compiled based on annual data published by the Ministry of Finance in the Government Finance Statistics publication. Figures for 2021 are actuals and figures for 2022 are revised estimates as per the proposed government budget for 2023 on 31 October 2022. 3/ This refers to sale of assets: includes fixed assets and sale of land & transfer of land fee. 2/ Note: Public and publicly guaranteed debt of central government will be available in table 6.5. 19 | Monthly Statistics - November 2022
24. Table 6 .2 Central Government Revenue and Grants, 2016 - 2022 ¹⁄ (Millions of MVR) Total revenue & grants Tax revenue Period (2+12+16+17) (1) 2016 2017 2018 2019 2020 2021 2022 2/ 2/ Nontax revenue GST on tourism (3 to 11) (2) (3) Import duty (4) Goods & services tax Airport service charge (5) (6) Bank profit Business Green Tax Income tax tax profit tax 3/ (7) (8) (9) 18,578.1 20,258.6 22,223.0 13,293.0 14,742.4 15,833.9 3,920.7 4,198.5 4,783.3 2,487.4 2,799.4 3,148.8 2,328.1 2,683.0 2,906.1 537.5 706.2 644.8 491.7 649.9 564.1 2,748.0 2,677.1 2,710.4 623.1 696.2 810.5 23,231.9 15,221.9 21,353.4 16,530.5 10,959.2 14,681.6 4,903.4 2,220.2 5,247.7 3,412.3 2,263.6 2,843.0 2,844.9 2,086.6 2,485.6 731.1 283.3 473.4 614.0 953.7 675.1 2,898.7 2,617.6 1,847.0 850.6 351.8 802.1 26,361.1 18,979.7 6,411.4 3,423.8 3,070.8 768.6 901.3 2,995.9 987.2 (10) - Others (11) Net sales to Resort public lease rent enterprises (13 to 15) (12) (13) (14) Others (15) Capital revenue Grants (16) (17) 156.7 332.1 265.8 4,162.6 4,594.9 5,203.1 627.9 796.5 960.4 1,357.4 1,488.6 1,526.0 2,177.3 2,309.8 2,716.7 869.4 577.6 366.2 253.1 343.8 819.8 83.2 217.1 275.5 99.2 90.6 5,491.1 3,289.1 5,596.7 773.7 592.3 487.8 1,654.2 700.7 2,072.3 3,063.2 1,996.2 3,036.6 55.4 15.6 43.3 1,154.9 958.0 1,031.8 298.4 122.4 6,614.7 574.9 2,029.2 4,010.6 174.5 592.3 y/y % change Period Total revenue & Tax revenue grants (18) GST on tourism Import duty Goods & services tax Airport service charge Bank profit Business tax profit tax Green Tax Income tax Nontax revenue Net sales to Resort public lease rent enterprises Capital revenue Grants (19) (20) (21) (22) (23) (24) (25) (26) (28) (29) (30) (32) (33) (34) 7.3 9.0 9.7 8.3 10.9 7.4 -5.5 7.1 13.9 6.0 12.5 12.5 22.3 15.2 8.3 8.2 31.4 -8.7 -4.1 32.2 -13.2 2.8 -2.6 1.2 {...} 11.7 16.4 na na na 4.4 112.0 -20.0 -2.7 10.4 13.2 28.5 26.9 20.6 8.9 9.7 2.5 -14.4 6.1 17.6 622.8 -33.6 -36.6 -60.3 35.8 138.5 2019 2020 2021 4.5 -34.5 40.3 4.4 -33.7 34.0 2.5 -54.7 136.4 8.4 -33.7 25.6 -2.1 -26.7 19.1 13.4 -61.2 67.1 8.8 55.3 -29.2 6.9 -9.7 -29.4 4.9 -58.6 128.0 na na 161.0 3.7 -64.0 -8.7 5.5 -40.1 70.2 -19.4 -23.4 -17.6 8.4 -57.6 195.8 12.8 -34.8 52.1 -84.9 -71.9 178.1 40.9 -17.0 7.7 23.5 29.3 22.2 20.4 23.5 62.3 33.5 62.2 23.1 37.4 35.1 18.2 17.9 -2.1 32.1 302.8 -42.6 2022 2/ (31) Others 2016 2017 2018 2/ (27) Others Source: Ministry of Finance 1/ Format based on IMF Government Finance Statistics Manual (GFSM 1986). The table is compiled based on data published by the Ministry of Finance in the Government Finance Statistics publication. Figures for 2021 are actuals and figures for 2022 are revised estimates as per the proposed government budget for 2023 on 31 October 2022. 3/ This includes revenue from non-resident withholding tax. 2/ Monthly Statistics - November 2022 | 20
25. Table 6 .3 Central Government Expenditure and Net Lending, 2016 - 2022 ¹⁄ (Millions of MVR) Net Lending Total expenditure Period o/w Salaries & wages (2+8+9+10) (1) 2016 2017 2018 2019 2020 2021 2022 2/ 2/ Interest payments Expenditure on goods & services (2) (3) Other allowances (4) Transportaion, communicaton & utilitie (5) Social welfare contributions Subsidies & transfers Capital Expenditure (9) (10) Others (6) (7) (8) (11) 25,306.5 22,497.6 26,522.3 13,953.8 13,009.6 15,141.1 4,029.6 3,996.6 4,278.4 2,868.9 2,975.2 3,398.4 1,633.9 1,597.3 1,793.1 2,327.4 1,725.7 2,416.7 3,093.9 2,714.8 3,254.5 1,182.3 1,096.9 1,440.3 1,004.9 848.6 1,686.7 9,165.5 7,542.4 8,254.3 -43.5 -77.4 -103.6 28,994.7 28,753.5 32,859.4 17,571.4 16,352.8 na 4,642.9 4,378.0 4,625.5 3,651.3 3,827.8 4,055.9 1,930.5 1,620.3 2,258.5 3,937.3 3,451.9 na 3,409.4 3,074.7 na 1,540.8 1,603.9 2,104.5 2,259.7 2,350.8 na 7,622.8 8,446.1 8,822.9 -75.2 -175.3 na 39,992.2 na 4,882.7 4,491.6 2,242.3 na na 3,234.4 na 12,097.7 na y/y % change Period 2016 2017 2018 2019 2020 2021 2022 2/ 2/ Total expenditure Expenditure on goods & services Salaries & wages Other allowances Transportation, Social welfare communication contributions & utilities Others Interest payments Subsidies & transfers Capital expenditure Net lending (12) (13) (14) (15) (16) (17) (18) (19) (20) (21) (22) 18.0 -11.1 17.9 2.4 -6.8 16.4 2.6 -0.8 7.1 -0.8 3.7 14.2 -20.3 -2.2 12.3 44.6 -25.9 40.0 -1.8 -12.3 19.9 -12.3 -7.2 31.3 -42.7 -15.6 98.8 94.7 -17.7 9.4 58.1 -77.7 -33.9 9.3 -0.8 14.3 16.1 -6.9 na 8.5 -5.7 5.7 7.4 4.8 6.0 7.7 -16.1 39.4 62.9 -12.3 na 4.8 -9.8 na 7.0 4.1 31.2 34.0 4.0 na -7.7 10.8 4.5 27.4 -133.1 na 21.7 na 5.6 10.7 -0.7 na na 53.7 na 37.1 na Source: Ministry of Finance 1/ Format based on IMF Government Finance Statistics Manual (GFSM 1986). The table is compiled based on data published by the Ministry of Finance in the Government Finance Statistics publication. 2/ Figures for 2021 are actuals and figures for 2022 are revised estimates as per the proposed government budget for 2023 on 31 October 2022. 21 | Monthly Statistics - November 2022
26. Table 6 .4 Central Government Revenue & Expenditure, 2020 - 2022 ¹⁄ (Millions of MVR) Total revenue & grants Total expenditure Total revenue Grants Tax revenue Period o/w Import duty (2+11+12) (1) (3+7+10) (2) (3) Capital Revenue Nontax revenue (4) GST 2/ Business profit tax (5) (6) o/w SOE dividends (7) (8) Less: Subsidiary loan repayment Current expenditure o/w (10) (11) (12) o/w Salaries & wages Resort rent (9) Capital expenditure (14+16) (13) (14) y/y % change Overall balance (surplus / deficit) Total revenue & grants (18) (19) (20) Total expenditure Public Sector Investment Program (15) (16) (17) 2020 Nov-20 Dec-20 858.4 1,645.5 851.6 1,489.3 622.0 896.4 228.0 261.1 308.7 404.9 20.0 148.7 228.0 591.4 40.0 70.0 3.0 311.8 1.5 1.6 10.3 156.3 -3.5 -0.2 2,254.4 3,020.8 1,814.5 2,037.9 377.4 370.7 440.0 982.9 285.6 573.7 -1,396.0 -1,375.3 -46.4 -24.0 -16.1 -25.9 2021 Jan-21 Feb-21 Mar-21 2,134.6 1,396.3 1,970.1 2,105.5 1,378.2 1,936.2 1,853.6 1,173.3 1,272.6 206.5 221.8 240.4 734.4 726.2 786.2 397.9 50.0 57.4 250.8 204.4 662.0 81.5 52.3 10.2 354.3 1.0 0.4 1.6 29.2 18.8 35.8 -0.1 -0.7 -1.9 1,965.5 2,010.8 2,996.9 1,485.0 1,604.9 2,244.2 367.4 376.5 376.1 480.5 406.0 752.8 192.0 274.1 304.2 169.0 -614.5 -1,026.9 -5.4 -23.7 38.3 10.2 -24.4 15.6 Apr-21 May-21 Jun-21 1,849.3 1,123.2 1,533.1 1,595.1 1,076.9 1,502.8 1,175.4 877.6 892.8 225.8 207.0 213.3 740.3 496.2 502.9 16.9 17.0 9.9 419.1 195.7 609.4 33.2 66.8 127.8 15.1 369.5 0.6 3.5 0.6 254.2 49.7 30.4 -0.0 -3.5 -0.1 2,569.8 2,445.4 2,501.0 2,189.3 1,807.6 1,925.9 389.7 397.6 385.9 380.4 637.8 575.1 223.4 345.3 375.8 -720.5 -1,322.3 -967.9 174.5 143.6 150.9 20.8 9.9 5.0 Jul-21 Aug-21 Sep-21 1,104.4 1,814.9 2,324.0 985.6 1,728.5 2,308.1 659.5 1,365.4 1,642.5 206.3 243.3 241.9 292.0 685.4 541.2 19.7 120.0 344.0 324.8 361.4 664.6 70.3 86.6 27.3 111.9 33.0 410.1 1.3 1.7 0.9 118.8 87.1 17.9 -0.0 -0.7 -2.0 2,408.0 3,249.3 2,956.4 1,721.0 2,086.4 1,977.9 361.5 404.3 387.0 687.0 1,162.8 978.5 273.4 913.3 434.5 -1,303.7 -1,434.3 -632.4 16.2 -28.8 121.2 4.2 17.3 22.6 Oct-21 Nov-21 Dec-21 1,522.1 1,796.6 2,784.9 1,406.0 1,556.5 2,753.7 1,066.3 1,178.0 1,524.5 253.3 274.4 309.0 585.0 691.1 952.5 39.3 23.5 10.0 339.1 376.6 1,228.6 37.4 64.6 65.1 37.4 485.4 0.6 1.9 0.6 116.2 242.5 31.3 -0.1 -2.4 -0.1 2,989.2 3,025.2 3,688.6 2,362.9 2,074.4 2,503.6 390.1 396.2 393.2 626.3 950.7 1,185.0 424.5 778.4 824.5 -1,467.1 -1,228.5 -903.8 66.9 109.3 69.2 34.7 34.2 22.1 Jan-22 Feb-22 Mar-22 2,856.8 1,871.1 2,769.3 2,928.6 1,826.3 2,695.0 2,292.6 1,531.6 1,741.3 267.0 270.3 273.6 1,052.7 955.0 1,103.9 370.2 29.8 72.3 635.1 292.6 951.3 19.4 10.7 35.9 83.8 22.3 541.3 0.9 2.1 2.4 51.3 45.6 76.6 -123.1 -0.9 -2.3 2,535.8 3,010.4 4,138.4 1,924.4 2,194.7 2,858.0 363.4 408.1 393.9 611.4 815.7 1,280.4 470.6 598.1 638.1 321.1 -1,139.4 -1,369.0 33.8 34.0 40.6 29.0 49.7 38.1 Apr-22 May-22 Jun-22 2,164.6 1,744.8 2,912.0 2,143.3 1,713.7 2,892.0 1,586.5 1,337.4 1,948.4 300.9 255.9 338.2 977.8 829.4 607.2 12.4 12.2 542.3 556.0 374.9 941.0 57.2 68.5 79.7 34.8 46.7 418.6 0.8 1.4 2.5 21.5 33.6 20.4 -0.3 -2.5 -0.4 2,712.8 3,096.5 3,389.6 2,086.1 2,260.2 2,393.6 403.7 427.5 415.4 626.8 836.3 996.0 465.0 616.8 738.9 -548.2 -1,351.7 -477.6 17.1 55.3 89.9 5.6 26.6 35.5 Jul-22 Aug-22 Sep-22 3,049.1 1,909.3 1,981.7 3,058.5 1,880.1 1,975.7 2,265.0 1,384.9 1,215.3 269.9 313.0 263.6 577.9 637.7 637.4 804.6 131.4 57.5 793.3 493.7 757.7 65.6 192.8 3.3 -25.7 297.6 0.2 1.5 2.7 21.6 30.0 7.4 -31.0 -0.9 -1.3 2,762.9 3,300.1 3,370.4 2,059.8 2,428.9 2,637.1 410.3 412.4 414.3 703.1 871.2 733.3 566.5 749.8 588.6 286.2 -1,390.8 -1,388.7 176.1 5.2 -14.7 14.7 1.6 14.0 2022 2021 2022 Oct-22 1,514.0 1,511.9 1,171.6 199.3 703.4 50.0 339.9 18.1 100.5 0.4 3.1 -1.0 2,867.0 2,135.8 424.4 731.2 608.0 -1,352.9 -0.5 -4.1 Jan - Oct Jan - Oct 16,771.9 22,772.9 16,022.9 22,625.2 11,979.1 16,474.8 2,259.6 2,751.5 6,089.8 8,082.4 1,072.2 2,082.5 4,031.3 6,135.5 403.1 547.8 1,549.4 1,523.3 12.4 14.8 758.1 311.3 -9.0 -163.5 26,092.4 31,183.9 19,405.2 22,978.5 3,836.2 4,073.3 6,687.2 8,205.5 3,760.3 6,040.4 -9,320.4 -8,411.0 31.9 35.8 11.1 19.5 Source: Ministry of Finance 1/ 2/ Figures does not accord with the methodology of IMF's GFS Manual 1986 and these are not comparable with figures in 6.1, 6.2 and 6.3. Figures for GST includes tourism GST and general GST. Monthly Statistics - November 2022 | 22
27. Table 6 .5 Public and Publicly Guaranteed Debt of Central Government, 2017 - 2022 ¹⁄ (millions of MVR) In % of GDP 2/ Total outstanding Domestic Period External Central government Guaranteed (3) (4) (6+7) (5) Central government Guaranteed (6) (7) Total outstanding Domestic Central debt government domestic debt Guaranteed domestic debt External debt (11) (12) Central Guaranteed government external debt external debt (2+5) (1) (3+4) (2) 2017 2018 2019 47,199.4 60,288.5 67,985.9 29,555.2 29,363.6 33,207.3 27,107.5 27,664.0 32,227.0 2,447.7 1,699.6 980.3 17,644.2 30,924.9 34,778.6 16,866.0 20,576.5 22,050.3 778.2 10,348.4 12,728.3 64.5 73.9 78.8 40.4 36.0 38.5 37.1 33.9 37.3 3.3 2.1 1.1 24.1 37.9 40.3 23.1 25.2 25.6 1.1 12.7 14.8 2020 2021 86,538.3 94,474.2 42,498.1 49,473.5 41,628.3 48,459.9 869.8 1,013.6 44,040.2 45,000.7 24,961.7 31,514.1 19,078.5 13,486.6 150.2 113.7 73.8 59.5 72.2 58.3 1.5 1.2 76.4 54.2 43.3 37.9 33.1 16.2 (8) (9) (10) (13) (14) Jun-17 Sep-17 Dec-17 Q2 Q3 Q4 45,704.8 44,528.2 47,199.4 29,679.4 27,957.7 29,555.2 26,933.3 25,428.6 27,107.5 2,746.1 2,529.1 2,447.7 16,025.4 16,570.5 17,644.2 15,755.5 16,133.6 16,866.0 269.9 436.9 778.2 62.5 60.9 64.5 40.6 38.2 40.4 36.8 34.8 37.1 3.8 3.5 3.3 21.9 22.7 24.1 21.5 22.1 23.1 0.4 0.6 1.1 2018 Mar-18 Jun-18 Sep-18 Dec-18 Q1 Q2 Q3 Q4 50,722.8 56,779.6 57,124.5 60,288.5 29,120.8 28,986.6 28,788.4 29,363.6 26,850.9 26,913.0 26,867.7 27,664.0 2,269.9 2,073.6 1,920.7 1,699.6 21,602.0 27,793.0 28,336.1 30,924.9 18,055.8 20,026.0 19,913.5 20,576.5 3,546.2 7,767.0 8,422.6 10,348.4 62.2 69.6 70.0 73.9 35.7 35.5 35.3 36.0 32.9 33.0 32.9 33.9 2.8 2.5 2.4 2.1 26.5 34.1 34.7 37.9 22.1 24.5 24.4 25.2 4.3 9.5 10.3 12.7 2019 Mar-19 Jun-19 Sep-19 Dec-19 Q1 Q2 Q3 Q4 61,606.3 63,702.7 64,764.7 67,985.9 30,395.7 30,992.3 31,092.5 33,207.3 28,826.5 29,637.6 29,922.3 32,227.0 1,569.2 1,354.7 1,170.2 980.3 31,210.6 32,710.4 33,672.2 34,778.6 21,096.6 21,519.6 21,488.0 22,050.3 10,114.0 11,190.8 12,184.2 12,728.3 71.4 73.8 75.1 78.8 35.2 35.9 36.0 38.5 33.4 34.3 34.7 37.3 1.8 1.6 1.4 1.1 36.2 37.9 39.0 40.3 24.5 24.9 24.9 25.6 11.7 13.0 14.1 14.8 2020 Mar-20 Jun-20 Sep-20 Dec-20 Q1 Q2 Q3 Q4 69,380.3 74,359.3 80,187.6 86,538.3 34,997.8 36,627.3 41,704.9 42,498.1 34,057.8 35,690.6 40,761.3 41,628.3 940.0 936.7 943.6 869.8 34,382.5 37,732.0 38,482.7 44,040.2 21,768.0 22,050.0 23,002.3 24,961.7 12,614.5 15,682.0 15,480.4 19,078.5 120.4 129.0 139.2 150.2 60.7 63.6 72.4 73.8 59.1 61.9 70.7 72.2 1.6 1.6 1.6 1.5 59.7 65.5 66.8 76.4 37.8 38.3 39.9 43.3 21.9 27.2 26.9 33.1 2021 Mar-21 Jun-21 Sep-21 Dec-21 Q1 Q2 Q3 Q4 86,619.9 89,884.3 95,599.2 94,474.2 44,867.4 46,278.8 48,290.1 49,473.5 43,711.0 45,116.5 47,169.4 48,459.9 1,156.4 1,162.3 1,120.7 1,013.6 41,752.5 43,605.5 47,309.1 45,000.7 24,549.2 26,423.7 30,287.9 31,514.1 17,203.3 17,181.8 17,021.2 13,486.6 104.2 108.2 115.0 113.7 54.0 55.7 58.1 59.5 52.6 54.3 56.8 58.3 1.4 1.4 1.3 1.2 50.2 52.5 56.9 54.2 29.5 31.8 36.4 37.9 20.7 20.7 20.5 16.2 2022 Mar-22 Q1 98,888.0 52,872.6 51,927.5 945.1 46,015.4 32,852.2 13,163.2 103.8 55.5 54.5 1.0 48.3 34.5 13.8 Source: Ministry of Finance, Maldives Bureau of Statistics 1/ 2/ This table represents data available as at 30 June 2022. Debt as a percentage of GDP has been calculated using Nominal GDP for the year. 23 | Monthly Statistics - November 2022
28. Table 6 .6 Claims on Central Government by Ownership, 2016 - 2022 (Millions of MVR) Memorandum items Exchange rate Claims on central govt. Treasury bills and Islamic instruments 1/ Period Central bank Commercial 2/ banks (2+8+12) (1) (3 to 7) (2) (3) (4) Treasury bonds 4/ Other financial corp. 3/ (5) Public nonfinancial corp. Private sector (6) (7) Loans & advances 5/ Central bank Commercial banks (9 to 11) (8) (9) (10) Central bank Commercial 6/ banks Other financial corp. (11) (13 to 15) (12) Other financial corp. 7/ (13) (14) 2016 2017 2018 26,446.6 27,184.4 27,715.9 14,455.7 14,093.4 15,013.6 68.2 82.4 90.3 10,154.9 8,694.4 9,605.5 3,301.9 4,744.6 5,017.1 521.9 250.2 201.0 408.8 321.7 99.7 8,774.6 9,320.9 9,248.4 6,304.3 6,233.5 6,161.0 57.8 - 2,412.5 3,087.4 3,087.4 3,216.4 3,770.2 3,453.9 16.3 - 34.9 431.3 19.1 3,181.5 3,322.7 3,434.9 (15) 15.35 15.41 15.41 (16) 2019 2020 2021 32,281.5 44,691.2 51,444.1 18,964.7 24,087.5 30,411.0 103.6 91.3 97.4 11,954.4 14,350.1 18,381.7 6,372.8 9,253.6 10,939.2 434.3 288.3 875.6 99.7 104.3 117.1 9,626.4 13,478.6 13,589.9 6,086.7 6,011.0 5,933.1 201.1 4,099.8 4,289.0 3,338.7 3,367.8 3,367.8 3,690.3 7,125.1 7,443.2 3,296.8 3,689.9 147.2 186.4 12.9 3,543.2 3,641.9 3,740.4 15.38 15.41 15.39 2020 Nov-20 Dec-20 44,344.1 44,691.2 23,750.5 24,087.5 91.2 91.3 14,190.5 14,350.1 8,984.1 9,253.6 288.3 288.3 196.5 104.3 13,481.5 13,478.6 6,017.2 6,011.0 4,099.6 4,099.8 3,364.7 3,367.8 7,112.0 7,125.1 3,158.3 3,296.8 319.9 186.4 3,633.8 3,641.9 15.36 15.41 2021 Jan-21 Feb-21 Mar-21 45,432.9 45,910.0 46,739.3 24,911.1 25,434.4 25,713.3 88.2 81.7 73.9 15,045.7 15,272.6 15,356.7 9,384.5 9,527.5 9,732.8 288.3 448.3 448.3 104.3 104.3 101.7 13,669.6 13,654.3 13,598.8 6,004.8 5,997.4 5,991.2 4,295.0 4,285.6 4,239.1 3,369.7 3,371.2 3,368.4 6,852.3 6,821.2 7,427.2 2,849.7 2,804.7 3,404.1 357.3 357.1 357.2 3,645.3 3,659.5 3,665.9 15.42 15.33 15.35 Apr-21 May-21 Jun-21 47,875.2 47,260.3 48,032.3 26,360.1 26,910.2 26,755.7 75.4 75.2 60.7 15,942.2 16,323.3 16,013.0 9,954.5 10,123.7 10,254.0 288.3 288.3 328.3 99.7 99.7 99.7 13,605.9 13,592.7 13,605.1 5,984.6 5,978.3 5,971.7 4,251.4 4,249.6 4,266.1 3,369.9 3,364.8 3,367.3 7,909.2 6,757.4 7,671.5 3,881.8 2,717.3 3,630.9 357.0 356.8 356.6 3,670.4 3,683.2 3,684.0 15.34 15.30 15.32 Jul-21 Aug-21 Sep-21 49,432.1 50,202.4 48,120.8 28,272.4 28,775.8 29,129.5 72.7 97.4 97.4 16,869.3 16,784.0 17,083.1 10,436.1 11,010.2 11,022.3 794.6 784.5 811.6 99.7 99.7 115.1 13,635.1 13,642.6 13,574.9 5,965.4 5,959.1 5,952.5 4,300.5 4,311.5 4,254.0 3,369.1 3,371.9 3,368.5 7,524.6 7,784.0 5,416.3 3,475.5 4,066.3 1,504.7 356.2 13.7 195.0 3,693.0 3,704.0 3,716.6 15.42 15.41 15.40 Oct-21 Nov-21 Dec-21 49,445.1 50,688.3 51,444.1 29,148.1 29,614.4 30,411.0 97.4 97.4 97.4 17,011.1 17,595.9 18,381.7 11,165.7 11,270.9 10,939.2 758.8 537.6 875.6 115.1 112.5 117.1 13,591.3 13,586.5 13,589.9 5,946.1 5,939.4 5,933.1 4,274.7 4,282.3 4,289.0 3,370.4 3,364.7 3,367.8 6,705.6 7,487.4 7,443.2 2,784.1 3,561.0 3,689.9 194.8 194.6 12.9 3,726.7 3,731.8 3,740.4 15.41 15.41 15.39 Jan-22 Feb-22 Mar-22 52,243.8 53,630.6 53,214.7 31,434.8 31,683.1 31,401.7 76.1 91.5 78.0 18,895.9 18,689.8 19,460.5 11,691.0 11,863.7 10,832.2 651.2 834.0 833.5 120.6 204.1 197.4 13,602.0 16,102.7 16,029.1 5,926.7 8,419.2 8,409.3 4,305.6 4,312.3 4,251.3 3,369.7 3,371.2 3,368.4 7,207.0 5,844.7 5,783.9 3,271.5 1,895.2 1,827.8 194.7 194.0 193.8 3,740.8 3,755.6 3,762.4 15.42 15.40 15.37 Apr-22 May-22 Jun-22 54,436.8 55,393.2 56,632.8 31,937.9 32,156.2 33,612.5 76.9 76.8 71.2 19,876.7 20,007.2 20,477.8 10,981.4 11,036.5 12,092.2 808.4 843.2 778.8 194.5 192.5 192.6 16,039.1 16,034.7 15,996.4 8,399.5 8,389.9 8,380.1 4,269.6 4,280.0 4,249.0 3,369.9 3,364.8 3,367.3 6,459.8 7,202.2 7,023.8 2,494.7 3,220.9 3,035.2 193.6 193.4 193.1 3,771.6 3,787.9 3,795.5 15.39 15.40 15.41 Jul-22 Aug-22 Sep-22 56,594.2 57,582.8 57,889.3 33,835.6 34,095.1 34,388.7 66.6 87.9 87.9 19,936.5 20,387.5 20,412.2 12,286.4 12,459.1 12,822.7 1,353.6 901.7 806.9 192.5 258.9 259.0 15,994.7 15,996.0 15,929.9 8,370.5 8,361.0 8,351.1 4,255.1 4,263.0 4,210.3 3,369.1 3,371.9 3,368.5 6,763.8 7,491.8 7,570.7 2,512.7 3,231.6 3,302.3 447.5 447.3 447.1 3,803.6 3,812.9 3,821.3 15.40 15.38 15.39 Oct-22 60,427.6 36,244.9 87.9 20,366.9 14,423.6 1,107.3 259.1 15,985.8 8,341.4 4,225.8 3,418.6 8,196.9 3,916.7 446.9 3,833.3 15.40 2022 Source: Maldives Monetary Authority; Ministry of Finance 1/ Figures represent the face value of treasury bills and Islamic instruments. Figures represent dormant accounts. Includes pension funds, other fund accounts, finance and insurance companies. 4/ Includes the purchase price and accrued interest receivable of treasury bonds reported by financial institutions. 5/ Data includes accrued interest and accounts receivable reported by financial institutions. 6/ This includes central government's PBA overdraft from MMA. 7/ This includes recognition bond. 2/ 3/ Monthly Statistics - November 2022 | 24
29. y /y % change Period Claims on central govt. Treasury Central bank Commercial bills and banks Islamic instruments Other financial corp. Public nonfinancial corp. Private sector Treasury bonds Central bank Commercial banks Other financial corp. Loans & advances Central bank Commercial banks Other financial corp. (17) (18) (19) (20) (21) (22) (23) (24) (25) (26) (27) (28) (29) (30) 2016 2017 2018 14.4 2.8 2.0 14.9 -2.5 6.5 na 20.9 9.6 28.9 -14.4 10.5 -8.0 43.7 5.7 -32.3 -52.1 -19.7 18.8 -21.3 -69.0 18.3 6.2 -0.8 -1.1 -1.1 -1.2 -50.0 -100.0 na 159.1 28.0 - 3.5 17.2 -8.4 na na -100.0 -52.6 {...} -95.6 (31) 4.9 4.4 3.4 2019 2020 2021 16.5 38.4 15.1 26.3 27.0 26.3 14.7 -11.9 6.7 24.5 20.0 28.1 27.0 45.2 18.2 116.1 -33.6 203.7 4.6 12.3 4.1 40.0 0.8 -1.2 -1.2 -1.3 na {...} 4.6 8.1 0.9 - 6.8 93.1 4.5 na na 11.9 672.2 26.6 -93.1 3.2 2.8 2.7 2020 Nov-20 Dec-20 39.6 38.4 27.7 27.0 -12.0 -11.9 18.4 20.0 45.1 45.2 37.7 -33.6 97.1 4.6 40.0 40.0 -1.2 -1.2 {...} {...} 0.9 0.9 100.2 93.1 na na {...} 26.6 2.8 2.8 2021 Jan-21 Feb-21 Mar-21 39.5 37.6 36.7 29.3 28.2 24.6 -14.5 -20.6 -28.1 23.9 23.6 25.4 44.7 45.5 35.1 -33.6 -39.3 -40.1 4.6 4.6 -69.4 42.0 41.3 40.9 -1.2 -1.3 -1.3 {...} {...} {...} 0.8 0.8 0.8 86.1 76.4 90.6 na {...} {...} 142.8 12.7 12.8 3.1 3.1 3.0 Apr-21 May-21 Jun-21 33.4 25.8 23.5 22.4 26.4 22.7 -26.8 -27.0 -41.1 28.9 34.9 26.4 26.0 27.1 25.7 -65.2 -63.4 -40.1 -70.3 -70.3 -70.3 41.1 41.2 41.4 -1.3 -1.3 -1.3 {...} {...} {...} 0.9 0.9 0.9 68.0 1.4 2.9 368.3 -1.7 2.5 12.8 12.6 12.8 3.0 2.8 2.5 Jul-21 Aug-21 Sep-21 25.2 26.2 15.5 29.2 26.2 27.0 -29.5 0.6 0.6 32.1 23.9 25.7 27.7 28.9 26.9 56.2 172.1 185.8 -70.3 -70.3 -59.8 41.3 41.4 0.6 -1.3 -1.3 -1.3 {...} {...} 4.0 -0.0 - -5.3 6.1 3.7 -13.8 19.1 16.5 12.7 -95.7 -38.2 2.7 2.7 2.8 Oct-21 Nov-21 Dec-21 14.3 14.3 15.1 24.8 24.7 26.3 0.6 6.8 6.7 23.1 24.0 28.1 25.9 25.5 18.2 163.2 86.5 203.7 -59.7 -42.7 12.3 0.8 0.8 0.8 -1.3 -1.3 -1.3 4.4 4.5 4.6 - 4.4 5.3 4.5 11.8 12.7 11.9 -38.3 -39.2 -93.1 2.9 2.7 2.7 Jan-22 Feb-22 Mar-22 15.0 16.8 13.9 26.2 24.6 22.1 -13.7 12.0 5.6 25.6 22.4 26.7 24.6 24.5 11.3 125.9 86.0 85.9 15.6 95.7 94.1 -0.5 17.9 17.9 -1.3 40.4 40.4 0.2 0.6 0.3 - 5.2 -14.3 -22.1 14.8 -32.4 -46.3 -45.5 -45.7 -45.8 2.6 2.6 2.6 Apr-22 May-22 Jun-22 13.7 17.2 17.9 21.2 19.5 25.6 1.9 2.1 17.4 24.7 22.6 27.9 10.3 9.0 17.9 180.4 192.5 137.2 95.0 93.1 93.2 17.9 18.0 17.6 40.4 40.3 40.3 0.4 0.7 -0.4 - -18.3 6.6 -8.4 -35.7 18.5 -16.4 -45.8 -45.8 -45.8 2.8 2.8 3.0 Jul-22 Aug-22 Sep-22 14.5 14.7 20.3 19.7 18.5 18.1 -8.4 -9.8 -9.8 18.2 21.5 19.5 17.7 13.2 16.3 70.3 14.9 -0.6 93.1 159.7 125.0 17.3 17.3 17.3 40.3 40.3 40.3 -1.1 -1.1 -1.0 - -10.1 -3.8 39.8 -27.7 -20.5 119.5 25.7 {...} 129.3 3.0 2.9 2.8 Oct-22 22.2 24.3 -9.8 19.7 29.2 45.9 125.1 17.6 40.3 -1.1 1.4 22.2 40.7 129.4 2.9 2022 25 | Monthly Statistics - November 2022
30. Table 6 .7 Summary of Treasury Bills and Islamic Instruments, 2016 - 2022 (Millions of MVR) Treasury bills and Islamic instruments 1/ Period Issuance Matured 28 days 91 days 182 days 273 days 364 days (2) (3) (4) (5) (6) (2 to 6) (1) Outstanding 28 days 91 days 182 days 273 days 364 days (8) (9) (10) (11) (12) (8 to 12) (7) (14 to 18) (13) 28 days 2/ 91 days 182 days 273 days 364 days (14) (15) (16) (17) (18) 2016 2017 2018 30,304.9 32,887.3 39,619.4 9,051.7 13,359.5 18,183.0 7,843.6 5,159.7 6,163.3 5,098.3 6,225.1 5,022.2 50.2 - 8,261.1 8,143.0 10,250.9 28,428.0 33,253.3 38,699.1 8,672.4 12,579.8 19,101.4 7,393.3 6,091.0 5,802.5 5,299.8 6,117.7 5,777.0 50.2 - 7,062.5 8,414.5 8,018.2 14,455.7 14,093.4 15,013.6 1,173.2 1,954.3 1,035.7 2,331.2 1,401.1 1,762.0 2,640.4 2,748.5 1,993.7 50.2 - 8,260.7 7,989.5 10,222.2 2019 2020 2021 38,912.4 53,506.1 na 15,547.7 25,160.1 na 4,735.7 5,917.4 na 3,739.9 5,195.6 na na 14,889.1 17,233.0 na 34,956.6 48,390.9 na 15,170.8 24,633.2 na 5,460.5 4,585.5 na 4,103.8 4,286.7 na na 10,221.5 14,885.5 na 18,964.7 24,087.5 30,411.0 1,411.9 1,938.4 2,653.8 1,036.5 2,369.5 2,619.8 1,629.8 2,540.2 2,649.7 - 14,886.6 17,239.3 22,487.6 2020 Nov-20 Dec-20 4,294.5 4,541.5 1,768.7 1,938.4 426.3 740.2 244.4 229.7 - 1,855.1 1,633.2 3,900.6 4,214.8 1,849.5 1,769.9 301.8 779.9 95.0 430.0 - 1,654.3 1,235.1 23,750.5 24,087.5 1,768.7 1,938.4 2,408.5 2,369.5 2,740.4 2,540.2 - 16,833.0 17,239.3 2021 Jan-21 Feb-21 Mar-21 5,352.6 4,487.9 5,287.5 1,636.3 1,477.3 2,482.1 1,264.5 971.0 1,021.6 555.9 261.3 239.4 - 1,895.9 1,778.2 1,544.5 4,531.1 3,945.7 5,012.9 1,938.7 1,635.0 2,296.5 1,112.7 190.3 1,065.6 145.0 236.0 880.0 - 1,334.7 1,884.4 770.8 24,911.1 25,434.4 25,713.3 1,636.3 1,477.3 1,663.3 2,521.5 3,300.0 3,256.5 2,951.1 2,975.9 2,335.4 - 17,802.2 17,681.2 18,458.2 Apr-21 May-21 Jun-21 5,017.3 4,414.5 4,071.5 1,721.5 1,983.8 1,648.3 1,169.7 396.2 663.9 400.0 447.0 182.0 - 1,726.1 1,587.6 1,577.2 4,368.3 3,855.5 4,230.7 1,663.0 1,720.5 1,984.5 1,263.7 970.9 593.2 805.0 244.3 229.7 - 636.5 919.9 1,423.3 26,360.1 26,910.2 26,755.7 1,721.5 1,983.8 1,648.3 3,162.1 2,586.4 2,657.6 1,930.4 2,132.8 2,085.2 - 19,546.2 20,207.4 20,364.5 Jul-21 Aug-21 Sep-21 4,859.3 na na 1,390.2 na na 839.7 na na 220.4 na na na na 2,409.1 na na 3,364.7 na na 662.3 na na 1,243.0 na na 141.3 na na na na 1,318.0 na na 28,272.4 28,775.8 29,129.5 2,378.5 2,144.1 2,213.0 2,256.9 2,380.9 2,555.7 2,165.0 2,365.6 2,420.1 - 21,472.0 21,885.2 21,940.7 Oct-21 Nov-21 Dec-21 na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na 29,148.1 29,614.4 30,411.0 2,476.9 2,523.4 2,653.8 2,292.1 2,440.6 2,619.8 2,335.2 2,355.2 2,649.7 - 22,044.0 22,295.2 22,487.6 Jan-22 Feb-22 Mar-22 na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na 31,434.8 31,683.1 31,401.7 3,318.0 2,993.8 2,686.0 2,576.6 2,082.7 2,381.9 2,481.3 2,857.6 2,807.5 - 23,059.0 23,749.0 23,526.3 Apr-22 May-22 Jun-22 na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na 31,937.9 32,156.2 33,612.5 2,723.4 2,546.4 2,376.9 2,411.0 2,761.3 3,149.7 2,871.1 2,484.8 3,417.7 - 23,932.4 24,363.7 24,668.3 Jul-22 Aug-22 Sep-22 na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na 33,835.6 34,095.1 34,388.7 2,738.9 2,328.9 2,488.0 3,023.3 3,285.4 3,185.3 3,220.6 3,592.2 3,820.7 - 24,852.8 24,888.7 24,894.7 Oct-22 na na na na na na na na na na na na 36,244.9 3,590.0 3,473.8 4,269.8 - 24,911.2 2022 Source: Maldives Monetary Authority 1/ 2/ Represents the face value of treasury bills and Islamic instruments. The outstanding amount for December 2021 and October 2022 includes MVR treasury bills less than one month. Monthly Statistics - November 2022 | 26
31. y /y % change Treasury bills and Islamic instruments Period Issuance 28 days 91 days 182 days 364 days Matured 28 days 91 days 182 days 364 days Outstanding 28 days 91 days 182 days 364 days (19) (20) (21) (22) (23) (24) (25) (26) (27) (28) (29) (30) (31) (32) (33) 2016 2017 2018 -17.9 8.5 20.5 -45.1 47.6 36.1 -0.7 -34.2 19.5 -6.9 22.1 -19.3 17.0 -1.4 25.9 -19.9 17.0 16.4 -50.4 45.1 51.8 -3.8 -17.6 -4.7 -8.5 15.4 -5.6 57.0 19.1 -4.7 14.9 -2.5 6.5 47.7 66.6 -47.0 23.9 -39.9 25.8 -7.1 4.1 -27.5 17.0 -3.3 27.9 2019 2020 2021 -1.8 37.5 na -14.5 61.8 na -23.2 25.0 na -25.5 38.9 na 45.2 15.7 na -9.7 38.4 na -20.6 62.4 na -5.9 -16.0 na -29.0 4.5 na 27.5 45.6 na 26.3 27.0 26.3 36.3 37.3 36.9 -41.2 128.6 10.6 -18.3 55.9 4.3 45.6 15.8 30.4 2020 Nov-20 Dec-20 19.7 28.4 25.1 37.3 27.2 57.2 32.3 -45.3 12.1 32.2 16.1 33.2 21.8 25.2 -2.7 83.7 -73.6 145.7 41.0 7.3 27.7 27.0 25.1 37.3 143.2 128.6 97.9 55.9 13.7 15.8 2021 Jan-21 Feb-21 Mar-21 58.3 31.4 -4.7 11.7 -16.7 15.1 375.4 129.0 30.9 76.2 161.3 -77.7 42.1 59.1 0.5 47.3 39.2 5.5 37.4 11.7 -5.0 605.9 54.7 41.0 -61.5 47.5 402.9 18.2 73.4 -45.0 29.3 28.2 24.6 11.7 -16.7 10.1 120.3 128.3 121.5 88.2 97.3 -3.0 18.0 17.0 21.1 Apr-21 May-21 Jun-21 47.2 133.9 -36.8 -16.7 74.6 -52.5 {...} 395.3 -14.2 -37.5 370.5 -57.7 171.2 175.6 -11.0 72.3 81.7 -28.7 9.9 21.1 -25.8 374.8 709.1 -45.4 157.2 388.6 -58.6 43.7 73.5 -12.0 22.4 26.4 22.7 -16.7 11.4 -36.0 148.9 110.3 189.3 -29.5 -23.3 -21.5 26.5 30.4 30.1 Jul-21 Aug-21 Sep-21 68.4 na na 3.4 na na 988.7 na na 52.0 na na 82.8 na na 20.0 na na -53.5 na na {...} na na -55.2 na na 30.7 na na 29.2 26.2 27.0 -4.7 -19.0 -6.4 139.8 104.8 50.2 -12.9 -9.8 -0.2 34.5 33.7 33.4 Oct-21 Nov-21 Dec-21 na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na 24.8 24.7 26.3 33.9 42.7 36.9 0.3 1.3 10.6 -9.9 -14.1 4.3 32.5 32.4 30.4 Jan-22 Feb-22 Mar-22 na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na 26.2 24.6 22.1 102.8 102.6 61.5 2.2 -36.9 -26.9 -15.9 -4.0 20.2 29.5 34.3 27.5 Apr-22 May-22 Jun-22 na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na 21.2 19.5 25.6 58.2 28.4 44.2 -23.8 6.8 18.5 48.7 16.5 63.9 22.4 20.6 21.1 Jul-22 Aug-22 Sep-22 na na na na na na na na na na na na na na na na na na na na na na na na na na na na na na 19.7 18.5 18.1 15.2 8.6 12.4 34.0 38.0 24.6 48.8 51.9 57.9 15.7 13.7 13.5 Oct-22 na na na na na na na na na na 24.3 44.9 51.6 82.8 13.0 2022 27 | Monthly Statistics - November 2022
32. Table 7 .1 Central Bank Survey, 2016 - 2022 (Millions of MVR) Net foreign assets Net domestic assets Claims on Liabilities to nonresidents nonresidents Period Monetary base Domestic claims Net claims on central govt. o/w Claims on central govt. (2+3) (1) (2) (3) (5+9) (6+8) (4) (5) Claims on other sectors Currency in circulation Other items (net) Liabilities to Liabilities to ODC other sectors (11 to 13) (6) (7) (8) (9) (10) (11) (12) (13) 2016 2017 2018 5,248.0 8,622.0 9,065.4 7,181.8 9,059.9 10,983.4 -1,933.8 -437.8 -1,918.0 3,729.6 2,061.2 2,465.4 7,443.7 5,999.1 6,052.2 5,278.4 4,518.5 5,275.1 6,372.3 6,331.2 6,250.0 2,165.3 1,480.6 777.1 -3,714.1 -3,937.9 -3,586.8 8,977.7 10,683.2 11,530.9 3,243.5 3,496.3 3,669.0 5,734.2 7,186.9 7,861.9 - 2019 2020 2021 11,009.9 8,497.0 11,265.4 11,597.9 15,186.9 12,410.5 -588.0 -6,689.9 -1,145.1 96.3 3,751.7 1,163.7 3,077.8 8,974.1 7,880.5 3,000.1 8,277.8 7,650.5 6,188.8 9,397.8 9,696.6 77.7 696.2 229.9 -2,981.5 -5,222.3 -6,716.7 11,106.2 12,248.7 12,429.1 3,599.7 3,942.1 3,790.7 7,506.5 8,306.6 8,638.5 - 2020 Nov-20 Dec-20 7,059.5 8,497.0 9,684.3 15,186.9 -2,624.8 -6,689.9 3,846.3 3,751.7 8,550.2 8,974.1 8,008.3 8,277.8 9,265.0 9,397.8 541.9 696.2 -4,703.8 -5,222.3 10,905.8 12,248.7 3,982.8 3,942.1 6,923.1 8,306.6 - 2021 Jan-21 Feb-21 Mar-21 8,618.7 8,777.9 8,667.2 12,817.7 13,127.0 12,975.7 -4,199.0 -4,349.1 -4,308.5 3,883.9 3,758.7 3,459.9 8,471.9 8,315.2 8,697.2 7,774.9 7,624.7 8,002.7 8,941.2 8,882.5 9,468.2 697.0 690.5 694.5 -4,588.0 -4,556.5 -5,237.3 12,502.6 12,536.6 12,127.1 3,859.5 3,815.4 3,817.5 8,643.1 8,721.2 8,309.6 - Apr-21 May-21 Jun-21 9,012.8 9,978.8 9,626.8 13,478.1 14,177.8 13,986.4 -4,465.3 -4,198.9 -4,359.7 3,975.6 2,324.9 3,706.7 9,343.4 8,108.6 8,949.6 8,648.0 7,410.4 8,255.2 9,940.6 8,769.7 9,661.9 695.4 698.2 694.5 -5,367.8 -5,783.7 -5,242.9 12,988.4 12,303.7 13,333.4 3,911.4 3,933.3 3,968.2 9,077.0 8,370.4 9,365.2 - Jul-21 Aug-21 Sep-21 9,002.1 8,601.0 10,942.6 13,226.1 13,481.6 15,667.0 -4,224.0 -4,880.6 -4,724.4 3,850.6 4,318.8 1,749.7 8,756.2 9,414.7 6,801.1 8,058.7 8,719.3 6,108.4 9,511.4 10,098.0 7,530.0 697.5 695.4 692.8 -4,905.5 -5,095.9 -5,051.5 12,852.7 12,919.9 12,692.3 4,084.6 3,971.1 3,876.1 8,768.1 8,948.7 8,816.2 - Oct-21 Nov-21 Dec-21 9,686.6 9,753.3 11,265.4 14,612.2 14,553.2 12,410.5 -4,925.6 -4,799.9 -1,145.1 2,212.7 2,069.8 1,163.7 7,755.4 8,340.7 7,880.5 7,370.4 7,984.8 7,650.5 8,803.4 9,573.8 9,696.6 385.0 355.9 229.9 -5,542.7 -6,270.9 -6,716.7 11,899.4 11,823.1 12,429.1 3,830.3 3,787.8 3,790.7 8,069.0 8,035.4 8,638.5 - Jan-22 Feb-22 Mar-22 10,799.1 10,504.5 12,333.7 11,626.1 11,809.0 13,307.0 -827.0 -1,304.6 -973.4 2,097.6 2,425.3 1,404.1 8,337.3 9,309.1 8,088.5 8,105.8 9,073.7 7,855.8 9,274.6 10,391.0 10,314.0 231.5 235.4 232.7 -6,239.7 -6,883.8 -6,684.3 12,896.7 12,929.8 13,737.8 3,780.6 3,765.9 3,747.8 9,116.1 9,164.0 9,990.0 - Apr-22 May-22 Jun-22 11,503.4 11,643.2 10,263.6 12,767.4 12,451.5 11,573.4 -1,264.0 -808.3 -1,309.9 1,855.0 1,759.4 2,560.1 8,636.4 9,313.1 9,562.5 8,402.1 9,079.3 9,484.8 10,969.9 11,686.4 11,485.4 234.2 233.8 77.6 -6,781.4 -7,553.7 -7,002.4 13,358.4 13,402.6 12,823.6 3,760.3 3,706.9 3,682.7 9,598.0 9,695.6 9,140.9 - Jul-22 Aug-22 Sep-22 10,404.7 9,355.9 7,948.7 11,223.1 10,128.5 8,324.0 -818.4 -772.6 -375.2 2,741.2 3,021.2 3,839.8 9,210.3 9,635.6 10,321.5 9,132.7 9,561.2 10,246.0 10,947.9 11,677.7 11,738.6 77.6 74.5 75.5 -6,469.1 -6,614.5 -6,481.6 13,145.9 12,377.1 11,788.6 3,747.4 3,609.9 3,570.1 9,398.4 8,767.2 8,218.5 - Oct-22 7,114.7 7,703.4 -588.7 4,962.9 11,826.4 11,748.6 12,343.7 77.7 -6,863.4 12,077.6 3,596.2 8,481.4 - 2022 Source: Maldives Monetary Authority Monthly Statistics - November 2022 | 28
33. y /y % change Period Net foreign assets Claims on Liabilities to Net domestic nonresidents nonresidents assets Domestic claims Net claims on central govt. Claims on Claims on Other items central govt. other sectors (net) Monetary base Currency in circulation (24) Liabilities to ODC (14) (15) (16) (17) (18) (19) (20) (21) (22) (23) (25) 2016 2017 2018 -36.2 64.3 5.1 -18.7 26.1 21.2 217.3 -77.4 338.1 82.2 -44.7 19.6 33.9 -19.4 0.9 -3.4 -14.4 16.7 -0.0 -0.6 -1.3 {...} -31.6 -47.5 -5.8 -6.0 8.9 -12.6 19.0 7.9 0.7 7.8 4.9 -18.7 25.3 9.4 2019 2020 2021 21.4 -22.8 32.6 5.6 30.9 -18.3 -69.3 {...} -82.9 -96.1 {...} -69.0 -49.1 191.6 -12.2 -43.1 175.9 -7.6 -1.0 51.9 3.2 -90.0 796.1 -67.0 16.9 -75.2 -28.6 -3.7 10.3 1.5 -1.9 9.5 -3.8 -4.5 10.7 4.0 2020 Nov-20 Dec-20 -21.3 -22.8 4.0 30.9 657.2 {...} 134.8 {...} 62.3 191.6 54.2 175.9 49.6 51.9 633.3 796.1 -29.6 -75.2 2.9 10.3 11.9 9.5 -1.7 10.7 2021 Jan-21 Feb-21 Mar-21 -25.2 -19.8 -21.0 7.4 12.9 14.2 917.6 536.5 {...} {...} 180.0 59.5 184.5 121.9 103.8 168.0 107.7 90.9 44.6 43.8 53.0 807.1 811.0 806.7 -72.8 -89.5 -149.7 5.6 2.0 -7.7 8.8 6.2 -4.4 4.2 0.3 -9.2 Apr-21 May-21 Jun-21 -17.0 -2.9 18.9 -1.7 10.0 29.1 55.9 60.6 59.3 172.7 -32.0 -2.5 74.7 5.4 6.1 64.1 -2.7 -1.3 42.2 -1.7 -0.3 804.7 804.9 823.6 -38.0 -35.3 -13.1 5.5 -10.2 12.1 -7.1 -7.6 -6.3 12.1 -11.3 22.2 Jul-21 Aug-21 Sep-21 21.7 42.1 36.9 32.0 53.5 46.0 60.9 78.7 72.7 3.5 1.4 -6.3 -3.5 7.2 1.5 -8.9 3.8 -3.3 -6.5 5.8 1.5 204.7 81.4 79.6 8.4 -12.6 -4.5 15.6 25.3 28.7 -3.3 -5.1 -4.2 27.3 46.1 51.6 Oct-21 Nov-21 Dec-21 38.2 38.2 32.6 48.9 50.3 -18.3 75.3 82.9 -82.9 -24.5 -46.2 -69.0 -2.0 -2.4 -12.2 -0.0 -0.3 -7.6 2.3 3.3 3.2 -28.9 -34.3 -67.0 -11.3 -33.3 -28.6 19.7 8.4 1.5 -4.5 -4.9 -3.8 36.1 16.1 4.0 Jan-22 Feb-22 Mar-22 25.3 19.7 42.3 -9.3 -10.0 2.6 -80.3 -70.0 -77.4 -46.0 -35.5 -59.4 -1.6 12.0 -7.0 4.3 19.0 -1.8 3.7 17.0 8.9 -66.8 -65.9 -66.5 -36.0 -51.1 -27.6 3.2 3.1 13.3 -2.0 -1.3 -1.8 5.5 5.1 20.2 Apr-22 May-22 Jun-22 27.6 16.7 6.6 -5.3 -12.2 -17.3 -71.7 -80.8 -70.0 -53.3 -24.3 -30.9 -7.6 14.9 6.8 -2.8 22.5 14.9 10.4 33.3 18.9 -66.3 -66.5 -88.8 -26.3 -30.6 -33.6 2.8 8.9 -3.8 -3.9 -5.8 -7.2 5.7 15.8 -2.4 Jul-22 Aug-22 Sep-22 15.6 8.8 -27.4 -15.1 -24.9 -46.9 -80.6 -84.2 -92.1 -28.8 -30.0 119.5 5.2 2.3 51.8 13.3 9.7 67.7 15.1 15.6 55.9 -88.9 -89.3 -89.1 -31.9 -29.8 -28.3 2.3 -4.2 -7.1 -8.3 -9.1 -7.9 7.2 -2.0 -6.8 Oct-22 -26.6 -47.3 -88.0 124.3 52.5 59.4 40.2 -79.8 -23.8 1.5 -6.1 5.1 2022 29 | Monthly Statistics - November 2022
34. Table 7 .2 Other Depository Corporations Survey, 2016 - 2022 (Millions of MVR) Net foreign assets Net domestic assets Claims on Liabilities to nonresidents nonresidents Domestic claims Claims on Net claims on central govt. central bank o/w Claims on central govt. Period (2+3) (1) (2) (3) (5+13) (6+7+9) (4) (5) Claims on other sectors Claims on OFC Claims on public nonfinancial corp. Claims on pvt. sector Transferable deposits, other deposits & Other items securities (net) other than shares included in broad money (10 to 12) (6) (7) (8) (9) (10) (11) (12) (13) (14) 2016 2017 2018 2,621.3 1,731.4 753.8 4,519.4 3,949.4 3,021.5 -1,898.1 -2,218.0 -2,267.7 25,119.9 27,362.0 29,277.6 38,237.7 41,630.8 44,563.2 9,681.6 11,092.4 11,301.8 8,115.1 7,270.7 7,729.3 10,109.1 9,003.3 9,487.4 20,440.9 23,267.7 25,532.1 429.7 565.9 670.6 1,434.3 1,988.7 1,797.4 18,576.9 20,713.1 23,064.1 -13,117.7 -14,268.8 -15,285.7 27,741.3 29,093.4 30,031.3 2019 2020 2021 2,031.9 -1,879.1 2,897.9 4,541.5 4,499.5 10,524.1 -2,509.5 -6,378.6 -7,626.2 31,216.1 39,869.1 46,058.3 47,814.4 59,675.2 66,998.7 10,246.5 13,322.1 15,217.7 10,298.6 16,455.6 20,049.1 12,067.1 18,208.3 21,989.5 27,269.4 29,897.5 31,731.9 803.1 676.1 630.0 1,691.1 2,063.6 2,953.0 24,775.2 27,157.8 28,148.9 -16,598.3 -19,806.1 -20,940.3 33,248.0 37,990.0 48,956.2 2020 Nov-20 Dec-20 -3,625.5 -1,879.1 2,626.5 4,499.5 -6,252.0 -6,378.6 38,769.2 39,869.1 58,247.4 59,675.2 11,575.9 13,322.1 16,882.8 16,455.6 18,352.1 18,208.3 29,788.8 29,897.5 671.8 676.1 2,041.3 2,063.6 27,075.7 27,157.8 -19,478.2 -19,806.1 35,143.7 37,990.0 2021 Jan-21 Feb-21 Mar-21 -1,464.9 -861.5 -681.9 4,901.7 5,312.7 5,497.1 -6,366.6 -6,174.2 -6,179.0 40,290.8 40,716.2 41,850.5 60,314.0 60,820.1 61,629.6 13,028.5 13,079.3 13,392.8 17,547.4 17,703.8 17,701.7 19,306.3 19,499.8 19,568.8 29,738.1 30,037.0 30,535.1 669.5 659.1 629.5 2,057.9 2,299.4 2,448.7 27,010.7 27,078.6 27,456.9 -20,023.2 -20,104.0 -19,779.1 38,825.9 39,854.7 41,168.6 Apr-21 May-21 Jun-21 47.5 -380.5 -1,295.3 6,242.6 5,993.8 5,022.6 -6,195.2 -6,374.3 -6,317.9 42,942.1 43,073.7 43,527.4 63,051.9 63,247.2 64,076.6 14,312.8 14,001.9 14,466.3 18,135.4 18,477.5 18,450.7 20,170.7 20,559.2 20,617.9 30,603.7 30,767.8 31,159.5 674.2 657.4 699.9 2,389.6 2,424.4 2,468.1 27,539.9 27,686.0 27,991.6 -20,109.8 -20,173.5 -20,549.2 42,989.6 42,693.1 42,232.1 Jul-21 Aug-21 Sep-21 -1,842.0 -1,243.0 -1,456.9 4,736.2 6,241.3 5,415.7 -6,578.2 -7,484.3 -6,872.6 44,104.1 44,567.5 44,612.3 64,717.6 65,333.6 65,785.2 13,648.7 14,009.4 13,827.2 19,391.3 19,397.1 19,551.3 21,481.2 21,130.1 21,554.5 31,677.6 31,927.1 32,406.7 716.4 701.1 670.7 2,594.3 2,636.3 2,757.5 28,366.9 28,589.7 28,978.5 -20,613.5 -20,766.2 -21,172.9 42,262.1 43,324.5 43,155.4 Oct-21 Nov-21 Dec-21 57.3 1,833.6 2,897.9 6,802.1 9,011.0 10,524.1 -6,744.8 -7,177.3 -7,626.2 44,483.9 45,631.5 46,058.3 65,562.8 66,313.2 66,998.7 13,565.9 14,213.4 15,217.7 19,426.4 19,702.9 20,049.1 21,518.2 21,853.7 21,989.5 32,570.5 32,396.9 31,731.9 702.7 660.4 630.0 2,927.7 2,993.3 2,953.0 28,940.1 28,743.2 28,148.9 -21,079.0 -20,681.7 -20,940.3 44,541.2 47,465.2 48,956.2 Jan-22 Feb-22 Mar-22 3,574.9 4,330.4 4,691.1 10,524.9 11,061.3 10,905.3 -6,950.0 -6,730.8 -6,214.2 46,651.2 47,398.6 47,930.1 67,886.6 68,016.8 69,131.2 15,290.8 15,950.2 16,539.2 20,718.9 20,201.2 20,860.6 22,681.6 22,716.7 23,455.0 31,876.9 31,865.4 31,731.4 664.6 694.2 616.0 2,947.3 2,993.2 3,215.2 28,265.1 28,178.1 27,900.2 -21,235.4 -20,618.2 -21,201.1 50,226.0 51,729.0 52,621.2 Apr-22 May-22 Jun-22 5,222.8 3,970.8 6,269.3 11,455.5 10,209.9 12,468.3 -6,232.7 -6,239.1 -6,199.0 47,679.6 48,379.3 48,343.9 69,218.0 70,112.3 70,022.1 16,243.5 17,187.8 16,037.7 21,139.0 21,176.3 21,778.4 23,907.0 24,025.2 24,496.7 31,835.6 31,748.3 32,206.0 595.4 640.5 627.0 3,245.4 3,055.2 3,308.4 27,994.7 28,052.5 28,270.6 -21,538.4 -21,733.0 -21,678.1 52,902.4 52,350.1 54,613.2 Jul-22 Aug-22 Sep-22 3,707.4 3,531.4 1,876.1 9,896.8 9,620.7 8,254.7 -6,189.4 -6,089.2 -6,378.6 48,190.2 47,083.0 46,842.3 70,253.9 69,227.3 69,172.5 15,776.2 15,282.5 14,624.0 22,082.5 21,769.4 21,733.5 24,834.1 24,672.0 24,651.3 32,395.2 32,175.4 32,815.0 670.8 660.6 662.0 3,300.8 3,214.2 3,489.8 28,423.5 28,300.7 28,663.2 -22,063.7 -22,144.3 -22,330.3 51,897.7 50,614.4 48,718.4 Oct-22 1,865.9 7,992.5 -6,126.6 47,349.8 70,150.1 15,271.1 21,603.1 24,592.5 33,275.9 746.2 3,457.1 29,072.7 -22,800.3 49,215.7 2022 Source: Maldives Monetary Authority Monthly Statistics - November 2022 | 30
35. y /y % change Net foreign assets Claims on Liabilities to Net domestic nonresidents nonresidents assets Domestic claims Claims on central bank Net claims on central govt. Claims on Claims on central govt. other sectors Claims on OFC Period (15) (16) (17) 2016 2017 2018 -35.6 -33.9 -56.5 -11.6 -12.6 -23.5 82.0 16.9 2.2 6.2 8.9 7.0 2019 2020 2021 169.6 -192.5 254.2 50.3 -0.9 133.9 10.7 154.2 19.6 Nov-20 Dec-20 -284.7 -192.5 -40.3 -0.9 Jan-21 Feb-21 Mar-21 -150.9 -128.5 -128.4 Apr-21 May-21 Jun-21 2020 2021 2022 (19) Claims on pvt. sector Other items Transferable deposits, other (net) deposits & securities other than shares included in broad money (20) (21) (22) (23) (24) (25) (26) (27) 8.5 8.9 7.0 -10.4 14.6 1.9 37.0 -10.4 6.3 28.6 -10.9 5.4 10.4 13.8 9.7 41.4 31.7 18.5 1.9 38.7 -9.6 10.5 11.5 11.3 -13.2 -8.8 -7.1 0.0 4.9 3.2 6.6 27.7 15.5 7.3 24.8 12.3 -9.3 30.0 14.2 33.2 59.8 21.8 27.2 50.9 20.8 6.8 9.6 6.1 19.7 -15.8 -6.8 -5.9 22.0 43.1 7.4 9.6 3.6 -8.6 -19.3 -5.7 10.7 14.3 28.9 156.7 154.2 26.0 27.7 21.8 24.8 10.0 30.0 65.2 59.8 53.4 50.9 10.0 9.6 -10.2 -15.8 20.8 22.0 9.9 9.6 -14.3 -19.3 7.4 14.3 -9.2 -3.5 17.0 152.8 148.2 168.9 28.0 28.6 30.9 24.7 24.4 24.8 21.1 20.3 17.8 70.0 67.0 70.4 57.3 53.5 55.5 9.1 9.5 10.5 -10.5 -16.8 -17.1 20.0 34.6 41.6 8.9 8.6 9.2 -18.6 -16.5 -13.6 13.0 14.9 19.7 -97.8 -134.2 -194.3 42.3 75.8 38.9 181.7 177.6 181.7 30.8 25.3 30.9 24.8 21.2 25.2 18.2 1.1 16.5 71.8 82.3 75.4 57.3 64.5 58.2 9.8 9.2 10.3 -7.9 -10.2 -2.8 23.8 26.1 36.9 9.3 8.4 8.8 -13.6 -13.5 -14.6 22.8 20.3 22.0 Jul-21 Aug-21 Sep-21 -337.4 -310.3 58.1 57.5 113.2 103.5 194.8 220.4 12.0 31.1 33.9 19.7 25.4 26.3 18.0 10.2 29.4 31.9 82.6 64.0 23.0 63.5 52.0 21.2 10.8 9.9 10.3 -0.3 -1.9 -1.7 42.5 41.0 41.3 8.9 8.0 8.4 -14.9 -12.7 -14.6 22.8 27.9 27.7 Oct-21 Nov-21 Dec-21 101.6 150.6 254.2 168.5 243.1 133.9 9.2 14.8 19.6 17.2 17.7 15.5 15.7 13.8 12.3 26.1 22.8 14.2 18.5 16.7 21.8 19.6 19.1 20.8 10.4 8.8 6.1 3.8 -1.7 -6.8 44.1 46.6 43.1 8.0 6.2 3.6 -12.7 -6.2 -5.7 29.8 35.1 28.9 Jan-22 Feb-22 Mar-22 344.0 602.7 787.9 114.7 108.2 98.4 9.2 9.0 0.6 15.8 16.4 14.5 12.6 11.8 12.2 17.4 22.0 23.5 18.1 14.1 17.8 17.5 16.5 19.9 7.2 6.1 3.9 -0.7 5.3 -2.1 43.2 30.2 31.3 4.6 4.1 1.6 -6.1 -2.6 -7.2 29.4 29.8 27.8 Apr-22 May-22 Jun-22 {...} {...} 584.0 83.5 70.3 148.2 0.6 -2.1 -1.9 11.0 12.3 11.1 9.8 10.9 9.3 13.5 22.8 10.9 16.6 14.6 18.0 18.5 16.9 18.8 4.0 3.2 3.4 -11.7 -2.6 -10.4 35.8 26.0 34.0 1.7 1.3 1.0 -7.1 -7.7 -5.5 23.1 22.6 29.3 Jul-22 Aug-22 Sep-22 301.3 384.1 228.8 109.0 54.1 52.4 -5.9 -18.6 -7.2 9.3 5.6 5.0 8.6 6.0 5.1 15.6 9.1 5.8 13.9 12.2 11.2 15.6 16.8 14.4 2.3 0.8 1.3 -6.4 -5.8 -1.3 27.2 21.9 26.6 0.2 -1.0 -1.1 -7.0 -6.6 -5.5 22.8 16.8 12.9 Oct-22 {...} 17.5 -9.2 6.4 7.0 12.6 11.2 14.3 2.2 6.2 18.1 0.5 -8.2 10.5 31 | Monthly Statistics - November 2022 (18) Claims on public nonfinancial corp. (28)
36. Table 7 .3 Depository Corporations Survey, 2016 - 2022 (Millions of MVR) Net foreign assets Net domestic assets Central bank Broad money Other items (net) Domestic claims ODC Period Net claims on central govt. (2+3) (1) (2) (3) (5+9) (4) (6+7) (5) (6) Narrow money Quasi money Claims on other sectors o/w Claims on pvt. sectors (7) (8) (9) (11+12) (10) (11) (12) 2016 2017 2018 7,869.4 10,353.4 9,819.2 5,248.0 8,622.0 9,065.4 2,621.3 1,731.4 753.8 22,566.9 21,652.4 23,269.1 35,957.7 36,484.7 39,251.5 13,393.5 11,789.2 13,004.5 22,564.2 24,695.5 26,247.0 18,583.0 20,723.4 23,084.4 -13,390.8 -14,832.3 -15,982.4 30,436.3 32,005.9 33,088.3 13,468.5 14,469.7 14,579.4 16,967.8 17,536.2 18,508.9 2019 2020 2021 13,041.8 6,617.9 14,163.3 11,009.9 8,497.0 11,265.4 2,031.9 -1,879.1 2,897.9 23,199.6 34,767.0 38,061.6 40,582.5 54,641.2 59,444.4 13,298.7 24,733.4 27,699.7 27,283.8 29,907.7 31,744.7 24,789.6 27,168.0 28,161.8 -17,382.8 -19,874.1 -21,382.8 36,241.4 41,385.0 52,224.9 14,556.9 19,002.6 22,346.3 21,684.5 22,382.4 29,878.6 2020 Nov-20 Dec-20 3,434.0 6,617.9 7,059.5 8,497.0 -3,625.5 -1,879.1 34,984.0 34,767.0 54,693.1 54,641.2 24,891.1 24,733.4 29,802.0 29,907.7 27,088.9 27,168.0 -19,709.1 -19,874.1 38,418.0 41,385.0 18,293.4 19,002.6 20,124.6 22,382.4 2021 Jan-21 Feb-21 Mar-21 7,153.8 7,916.4 7,985.3 8,618.7 8,777.9 8,667.2 -1,464.9 -861.5 -681.9 34,936.9 35,187.3 36,443.4 55,071.6 55,374.7 56,250.8 25,322.3 25,328.6 25,704.5 29,749.3 30,046.1 30,546.3 27,022.0 27,087.7 27,468.1 -20,134.7 -20,187.4 -19,807.3 42,090.8 43,103.7 44,428.7 18,746.9 18,863.6 19,399.7 23,343.8 24,240.1 25,029.0 Apr-21 May-21 Jun-21 9,060.2 9,598.3 8,331.5 9,012.8 9,978.8 9,626.8 47.5 -380.5 -1,295.3 37,255.2 36,468.7 37,276.7 57,400.4 56,671.5 57,877.3 26,783.4 25,888.0 26,705.9 30,617.0 30,783.5 31,171.4 27,553.1 27,701.7 28,003.4 -20,145.2 -20,202.7 -20,600.6 46,315.4 46,067.0 45,608.2 20,191.7 20,531.7 21,057.4 26,123.7 25,535.3 24,550.7 Jul-21 Aug-21 Sep-21 7,160.1 7,358.0 9,485.7 9,002.1 8,601.0 10,942.6 -1,842.0 -1,243.0 -1,456.9 38,522.8 39,271.4 36,925.1 59,139.4 60,054.9 58,074.7 27,450.0 28,116.5 25,659.7 31,689.4 31,938.4 32,415.1 28,378.7 28,601.0 28,986.8 -20,616.6 -20,783.5 -21,149.6 45,682.9 46,629.4 46,410.8 20,940.8 21,000.1 21,270.2 24,742.1 25,629.4 25,140.6 Oct-21 Nov-21 Dec-21 9,743.9 11,587.0 14,163.3 9,686.6 9,753.3 11,265.4 57.3 1,833.6 2,897.9 38,040.4 39,080.3 38,061.6 59,378.6 60,095.5 59,444.4 26,796.8 27,687.7 27,699.7 32,581.8 32,407.8 31,744.7 28,951.4 28,754.1 28,161.8 -21,338.1 -21,015.3 -21,382.8 47,784.4 50,667.2 52,224.9 21,230.5 21,746.6 22,346.3 26,553.8 28,920.6 29,878.6 Jan-22 Feb-22 Mar-22 14,373.9 14,834.9 17,024.7 10,799.1 10,504.5 12,333.7 3,574.9 4,330.4 4,691.1 39,042.5 40,071.3 38,858.3 60,715.5 61,157.4 60,461.9 28,824.7 29,274.8 28,716.4 31,890.7 31,882.6 31,745.5 28,278.9 28,195.3 27,914.3 -21,672.9 -21,086.1 -21,603.6 53,416.5 54,906.2 55,883.1 22,144.4 22,442.1 22,410.5 31,272.0 32,464.1 33,472.6 Apr-22 May-22 Jun-22 16,726.2 15,614.0 16,532.8 11,503.4 11,643.2 10,263.6 5,222.8 3,970.8 6,269.3 39,429.0 39,871.3 41,207.2 61,392.0 62,018.0 63,483.4 29,541.1 30,255.6 31,263.2 31,850.9 31,762.5 32,220.2 28,010.1 28,066.7 28,284.8 -21,963.0 -22,146.7 -22,276.2 56,155.2 55,485.4 57,740.0 22,794.6 22,607.2 22,840.0 33,360.5 32,878.2 34,900.0 Jul-22 Aug-22 Sep-22 14,112.1 12,887.4 9,824.9 10,404.7 9,355.9 7,948.7 3,707.4 3,531.4 1,876.1 40,851.3 40,768.0 41,899.7 63,624.9 63,517.0 64,806.3 31,215.1 31,330.5 31,979.5 32,409.7 32,186.5 32,826.8 28,438.1 28,311.8 28,675.0 -22,773.6 -22,749.0 -22,906.6 54,963.4 53,655.4 51,724.5 21,589.0 21,742.0 21,295.7 33,374.4 31,913.4 30,428.8 Oct-22 8,980.6 7,114.7 1,865.9 43,305.3 66,641.9 33,351.7 33,290.2 29,086.9 -23,336.6 52,285.9 21,315.3 30,970.6 2022 Source: Maldives Monetary Authority Monthly Statistics - November 2022 | 32
37. y /y % change Period Net foreign assets Central bank ODC Net domestic assets Domestic claims Net claims on central govt. Claims on Claims on Other items other pvt. Sectors (net) sectors Broad money (13) (14) (15) (16) (17) (18) (19) (20) (21) (22) 2016 2017 2018 -36.0 31.6 -5.2 -36.2 64.3 5.1 -35.6 -33.9 -56.5 24.0 -4.1 7.5 19.8 1.5 7.6 17.6 -12.0 10.3 21.2 9.4 6.3 10.5 11.5 11.4 -13.4 -10.8 -7.8 -0.2 5.2 3.4 2019 2020 2021 32.8 -49.3 114.0 21.4 -22.8 32.6 169.6 -192.5 254.2 -0.3 49.9 9.5 3.4 34.6 8.8 2.3 86.0 12.0 4.0 9.6 6.1 7.4 9.6 3.7 -8.8 -14.3 -7.6 Narrow money (23) Quasi money Memorandum items Dollarization ratio (24) (25) 1.0 7.4 0.8 -1.1 3.4 5.5 48.5 48.7 48.8 9.5 14.2 26.2 -0.2 30.5 17.6 17.2 3.2 33.5 52.9 45.7 46.5 2020 Nov-20 Dec-20 -68.6 -49.3 -21.3 -22.8 -284.7 -192.5 41.7 49.9 28.7 34.6 61.5 86.0 10.0 9.6 9.9 9.6 -10.7 -14.3 7.9 14.2 23.8 30.5 -3.4 3.2 43.7 45.7 2021 Jan-21 Feb-21 Mar-21 -50.3 -43.3 -40.3 -25.2 -19.8 -21.0 -150.9 -128.5 -128.4 53.0 49.0 52.0 35.9 32.7 33.2 91.5 77.5 76.3 9.0 9.5 10.5 8.9 8.6 9.1 -13.9 -11.5 -8.5 13.0 14.7 18.9 30.2 28.3 28.4 2.2 5.9 12.5 46.8 47.7 47.2 Apr-21 May-21 Jun-21 -30.5 -15.7 -12.0 -17.0 -2.9 18.9 -97.8 -134.2 -194.3 48.5 33.8 31.8 31.3 23.3 22.8 69.2 45.8 41.4 9.8 9.2 10.3 9.3 8.4 8.8 -8.2 -8.1 -9.3 21.5 19.2 20.8 25.6 21.6 25.7 18.5 17.3 16.9 47.1 45.7 44.3 Jul-21 Aug-21 Sep-21 -12.4 10.7 110.0 21.7 42.1 36.9 -337.4 -310.3 58.1 30.6 29.3 13.0 23.1 21.8 12.6 41.0 39.0 15.5 10.8 9.9 10.3 8.9 8.0 8.3 -11.0 -9.8 -11.7 21.3 26.0 24.8 18.1 18.4 18.3 24.2 33.0 30.9 43.8 44.5 43.2 Oct-21 Nov-21 Dec-21 189.4 237.4 114.0 38.2 38.2 32.6 101.6 150.6 254.2 10.8 11.7 9.5 11.5 9.9 8.8 12.8 11.2 12.0 10.4 8.7 6.1 8.0 6.1 3.7 -12.6 -6.6 -7.6 26.8 31.9 26.2 14.8 18.9 17.6 38.2 43.7 33.5 44.6 46.4 46.5 Jan-22 Feb-22 Mar-22 100.9 87.4 113.2 25.3 19.7 42.3 344.0 602.7 787.9 11.8 13.9 6.6 10.2 10.4 7.5 13.8 15.6 11.7 7.2 6.1 3.9 4.7 4.1 1.6 -7.6 -4.5 -9.1 26.9 27.4 25.8 18.1 19.0 15.5 34.0 33.9 33.7 48.0 48.6 49.1 Apr-22 May-22 Jun-22 84.6 62.7 98.4 27.6 16.7 6.6 {...} {...} 584.0 5.8 9.3 10.5 7.0 9.4 9.7 10.3 16.9 17.1 4.0 3.2 3.4 1.7 1.3 1.0 -9.0 -9.6 -8.1 21.2 20.4 26.6 12.9 10.1 8.5 27.7 28.8 42.2 48.9 48.0 49.6 Jul-22 Aug-22 Sep-22 97.1 75.1 3.6 15.6 8.8 -27.4 301.3 384.1 228.8 6.0 3.8 13.5 7.6 5.8 11.6 13.7 11.4 24.6 2.3 0.8 1.3 0.2 -1.0 -1.1 -10.5 -9.5 -8.3 20.3 15.1 11.4 3.1 3.5 0.1 34.9 24.5 21.0 49.3 47.8 46.9 Oct-22 -7.8 -26.6 {...} 13.8 12.2 24.5 2.2 0.5 -9.4 9.4 0.4 16.6 47.5 2022 33 | Monthly Statistics - November 2022
38. Table 7 .4 Other Financial Corporations Survey, 2016 - 2022 (Millions of MVR) Net foreign assets Net domestic assets Claims on nonresidents Liabilities to nonresidents Claims on DC Period (2+3) (1) (2) (3) Other items (net) Domestic claims (5+13) (6+7+10) (4) (5) Claims on other sectors Net claims on central govt. Claims on central govt. Liabilities to central govt. (8+9) (6) (7) Insurance y/y % change technical Net foreign Net claims reserves assets on central govt. Claims on Claims on public pvt. sector nonfinancial corp. (11+12) (8) (9) (10) (11) (12) (13) (14) (15) (16) 2016 2017 2018 -72.8 -17.8 35.0 241.7 282.3 367.3 -314.5 -300.2 -332.3 9,622.6 11,066.4 12,663.4 11,196.4 13,047.0 14,946.2 482.1 603.0 722.4 8,644.9 9,947.3 11,354.0 8,820.8 9,977.7 11,392.4 -176.0 -30.3 -38.5 2,069.4 2,496.7 2,869.9 84.7 98.4 137.8 1,984.7 2,398.2 2,732.0 -1,573.8 -1,980.6 -2,282.8 9,549.8 11,048.6 12,698.5 27.5 75.5 296.4 19.1 15.1 14.1 2019 2020 2021 129.7 242.1 581.2 437.1 525.3 886.1 -307.4 -283.2 -304.9 14,307.2 15,983.5 17,853.0 17,153.1 19,081.9 21,669.9 981.7 1,135.3 1,507.1 13,043.2 14,475.5 16,423.1 13,081.7 14,507.9 16,447.3 -38.5 -32.4 -24.2 3,128.2 3,471.0 3,739.6 138.2 170.8 160.8 2,989.9 3,300.2 3,578.9 -2,845.9 -3,098.4 -3,816.9 14,436.9 16,225.6 18,434.2 270.0 86.7 140.1 14.9 11.0 13.5 2020 Nov-20 Dec-20 197.7 242.1 502.7 525.3 -305.0 -283.2 15,846.6 15,983.5 18,819.8 19,081.9 1,129.1 1,135.3 14,245.7 14,475.5 14,277.5 14,507.9 -31.8 -32.4 3,445.1 3,471.0 192.7 170.8 3,252.4 3,300.2 -2,973.3 -3,098.4 16,044.3 16,225.6 59.0 86.7 10.6 11.0 2021 Jan-21 Feb-21 Mar-21 301.9 322.0 431.8 615.9 620.2 741.9 -314.1 -298.2 -310.1 16,190.6 16,331.3 16,452.3 19,277.8 19,520.0 19,713.7 1,105.7 1,128.1 1,141.5 14,687.3 14,890.5 15,071.2 14,718.1 14,922.3 15,100.3 -30.9 -31.9 -29.0 3,484.8 3,501.4 3,500.9 190.9 207.1 179.2 3,293.9 3,294.3 3,321.7 -3,087.2 -3,188.7 -3,261.4 16,492.4 16,653.4 16,884.0 177.2 239.8 214.3 11.8 12.6 13.4 Apr-21 May-21 Jun-21 403.7 394.4 368.2 731.4 719.6 696.9 -327.7 -325.2 -328.6 16,657.4 16,809.2 16,988.2 20,061.8 20,267.6 20,488.9 1,237.8 1,289.1 1,341.3 15,294.2 15,464.2 15,597.9 15,326.6 15,497.6 15,634.3 -32.4 -33.5 -36.4 3,529.8 3,514.4 3,549.8 195.4 193.5 198.5 3,334.4 3,320.9 3,351.3 -3,404.4 -3,458.4 -3,500.8 17,061.0 17,203.7 17,356.4 259.8 285.8 462.9 14.3 14.9 14.2 Jul-21 Aug-21 Sep-21 341.6 475.3 597.3 675.7 777.7 904.1 -334.0 -302.3 -306.9 17,141.9 17,272.6 17,341.6 20,626.9 20,896.7 21,029.5 1,268.1 1,386.9 1,360.4 15,793.2 15,944.5 16,064.8 15,831.2 15,977.6 16,083.7 -37.9 -33.1 -18.9 3,565.6 3,565.4 3,604.3 194.9 189.0 185.4 3,370.7 3,376.3 3,418.9 -3,485.0 -3,624.1 -3,687.9 17,483.5 17,747.9 17,938.9 188.0 143.0 146.2 15.1 15.2 14.7 Oct-21 Nov-21 Dec-21 579.0 545.2 581.2 950.4 909.9 886.1 -371.4 -364.8 -304.9 17,488.5 17,708.7 17,853.0 21,193.8 21,487.2 21,669.9 1,389.8 1,560.8 1,507.1 16,160.3 16,264.1 16,423.1 16,181.3 16,286.0 16,447.3 -20.9 -21.9 -24.2 3,643.7 3,662.3 3,739.6 180.7 180.6 160.8 3,463.0 3,481.7 3,578.9 -3,705.3 -3,778.5 -3,816.9 18,067.5 18,253.9 18,434.2 170.8 175.8 140.1 14.2 14.2 13.5 Jan-22 Feb-22 Mar-22 505.3 552.3 721.1 865.3 917.7 1,110.5 -360.0 -365.4 -389.4 18,107.9 18,256.7 18,428.8 21,914.7 22,143.3 22,261.5 1,541.2 1,614.0 1,561.1 16,602.6 16,769.5 16,873.2 16,623.2 16,790.5 16,902.1 -20.6 -21.0 -28.9 3,771.0 3,759.8 3,827.2 164.7 165.1 165.3 3,606.2 3,594.7 3,661.8 -3,806.8 -3,886.6 -3,832.6 18,613.2 18,809.0 19,149.9 67.4 71.5 67.0 13.0 12.6 12.0 Apr-22 May-22 Jun-22 738.7 787.9 819.3 1,146.7 1,150.4 1,172.3 -407.9 -362.4 -353.0 18,635.1 18,765.7 18,993.7 22,415.6 22,600.1 22,844.5 1,562.7 1,669.9 1,663.6 17,012.5 17,053.6 17,236.3 17,042.4 17,085.4 17,266.2 -29.9 -31.8 -29.9 3,840.4 3,876.6 3,944.7 159.1 155.1 163.0 3,681.3 3,721.5 3,781.8 -3,780.5 -3,834.4 -3,850.8 19,373.8 19,553.7 19,813.0 83.0 99.8 122.5 11.2 10.3 10.5 Jul-22 Aug-22 Sep-22 793.2 716.0 839.1 1,170.4 1,068.6 1,151.2 -377.2 -352.5 -312.1 19,177.2 19,356.1 19,460.6 22,979.8 23,397.5 23,537.2 1,699.2 1,870.9 1,844.1 17,332.8 17,524.9 17,663.8 17,357.2 17,547.5 17,687.8 -24.3 -22.5 -24.0 3,947.8 4,001.6 4,029.4 163.9 167.4 156.6 3,783.9 3,834.2 3,872.8 -3,802.6 -4,041.4 -4,076.6 19,970.3 20,072.1 20,299.6 132.2 50.6 40.5 9.7 9.9 10.0 Oct-22 795.8 1,161.2 -365.4 19,693.3 23,841.7 1,912.3 17,825.4 17,856.7 -31.2 4,104.0 155.2 3,948.8 -4,148.5 20,489.1 37.5 10.3 2022 Source: Maldives Monetary Authority Monthly Statistics - November 2022 | 34
39. Table 7 .5 Financial Corporations Survey, 2016 - 2022 (Millions of MVR) Net foreign assets Central bank Net domestic assets ODC OFC Domestic claims Net claims Claims on other sectors on central o/w govt. Claims on pvt. sectors Period (2 to 4) (6+10) (1) (2) (3) (4) (5) Other items (net) Currency outside financial corp. Deposit Insurance technical reserves y/y % change Net foreign Net claims assets on central govt. Deposit (7+8) (14) (15) 2016 2017 2018 7,796.6 10,335.6 9,854.2 5,248.0 8,622.0 9,065.4 2,621.3 1,731.4 753.8 -72.8 -17.8 35.0 32,336.7 32,639.8 35,554.7 46,242.2 48,362.8 52,804.7 (6) 22,038.4 21,736.5 24,358.4 (7) 24,203.8 26,626.3 28,446.3 (8) 20,567.7 23,121.6 25,816.5 (9) -13,905.5 -15,723.1 -17,250.0 (10) 2,694.1 2,911.2 3,055.5 (11) 27,894.3 29,022.4 29,663.6 (12) 9,544.9 11,041.7 12,689.8 (13) (16) -36.1 32.6 -4.7 18.2 -1.4 12.1 1.0 4.0 2.2 2019 2020 2021 13,171.5 6,860.0 14,744.5 11,009.9 8,497.0 11,265.4 2,031.9 -1,879.1 2,897.9 129.7 242.1 581.2 36,983.2 49,976.9 54,897.3 55,950.8 71,911.6 78,977.2 26,341.9 39,209.0 44,122.8 29,608.9 32,702.6 34,854.4 27,779.5 30,468.2 31,740.7 -18,967.6 -21,934.7 -24,079.9 2,993.1 3,394.8 3,268.5 32,736.6 37,227.9 47,950.2 14,425.0 16,214.3 18,423.1 33.7 -47.9 114.9 8.1 48.8 12.5 10.4 13.7 28.8 2020 Nov-20 Dec-20 3,631.6 6,860.0 7,059.5 8,497.0 -3,625.5 -1,879.1 197.7 242.1 50,007.0 49,976.9 71,712.1 71,911.6 39,136.7 39,209.0 32,575.3 32,702.6 30,341.3 30,468.2 -21,705.1 -21,934.7 3,275.8 3,394.8 34,330.6 37,227.9 16,032.1 16,214.3 -67.1 -47.9 38.4 48.8 6.5 13.7 2021 Jan-21 Feb-21 Mar-21 7,455.7 8,238.5 8,417.0 8,618.7 8,777.9 8,667.2 -1,464.9 -861.5 -681.9 301.9 322.0 431.8 50,403.9 50,773.7 52,188.2 72,574.2 73,107.5 74,193.4 40,009.6 40,219.0 40,775.7 32,564.6 32,888.5 33,417.7 30,315.9 30,382.0 30,789.8 -22,170.3 -22,333.8 -22,005.2 3,268.9 3,248.7 3,260.0 38,110.9 39,124.2 40,474.0 16,479.8 16,639.3 16,871.2 -48.6 -41.4 -37.7 51.7 46.3 46.3 12.7 14.4 19.7 Apr-21 May-21 Jun-21 9,463.9 9,992.7 8,699.7 9,012.8 9,978.8 9,626.8 47.5 -380.5 -1,295.3 403.7 394.4 368.2 53,115.5 52,401.1 53,381.1 75,550.2 74,992.7 76,325.1 42,077.6 41,352.2 42,303.8 33,472.6 33,640.5 34,021.3 30,887.5 31,022.6 31,354.7 -22,434.7 -22,591.6 -22,944.0 3,326.8 3,372.1 3,375.8 42,207.7 41,834.8 41,362.0 17,044.9 17,186.9 17,343.1 -28.0 -13.1 -8.8 44.0 32.5 30.0 22.5 20.0 21.7 Jul-21 Aug-21 Sep-21 7,501.7 7,833.3 10,083.0 9,002.1 8,601.0 10,942.6 -1,842.0 -1,243.0 -1,456.9 341.6 475.3 597.3 54,799.7 55,625.6 53,414.7 77,781.8 78,863.6 77,073.2 43,243.2 44,061.0 41,724.5 34,538.6 34,802.7 35,348.7 31,749.4 31,977.3 32,405.8 -22,982.1 -23,238.0 -23,658.5 3,419.4 3,305.3 3,256.0 41,411.5 42,417.2 42,314.7 17,470.6 17,736.5 17,926.9 -9.5 14.5 111.8 30.3 29.3 15.2 22.7 27.6 27.7 Oct-21 Nov-21 Dec-21 10,322.9 12,132.1 14,744.5 9,686.6 9,753.3 11,265.4 57.3 1,833.6 2,897.9 579.0 545.2 581.2 54,724.9 55,775.0 54,897.3 78,479.9 79,361.5 78,977.2 42,957.1 43,951.8 44,122.8 35,522.8 35,409.6 34,854.4 32,414.4 32,235.8 31,740.7 -23,755.0 -23,586.4 -24,079.9 3,244.6 3,201.9 3,268.5 43,747.7 46,463.1 47,950.2 18,055.5 18,242.2 18,423.1 188.3 234.1 114.9 13.3 12.3 12.5 30.4 35.3 28.8 Jan-22 Feb-22 Mar-22 14,879.2 15,387.2 17,745.8 10,799.1 10,504.5 12,333.7 3,574.9 4,330.4 4,691.1 505.3 552.3 721.1 56,218.2 57,376.5 56,428.8 80,424.4 80,992.5 80,546.2 45,427.3 46,044.3 45,589.6 34,997.1 34,948.2 34,956.6 31,885.1 31,789.9 31,576.1 -24,206.2 -23,616.0 -24,117.4 3,192.0 3,177.8 3,261.7 49,303.0 50,788.1 51,775.0 18,602.4 18,797.8 19,137.9 99.6 86.8 110.8 13.5 14.5 11.8 29.4 29.8 27.9 Apr-22 May-22 Jun-22 17,464.9 16,402.0 17,352.1 11,503.4 11,643.2 10,263.6 5,222.8 3,970.8 6,269.3 738.7 787.9 819.3 57,214.7 57,568.6 59,095.1 81,649.4 82,307.7 84,037.3 46,553.6 47,309.2 48,499.5 35,095.8 34,998.5 35,537.9 31,691.3 31,788.2 32,066.5 -24,434.7 -24,739.1 -24,942.2 3,252.7 3,135.4 3,126.9 52,060.5 51,290.7 53,516.0 19,366.5 19,544.5 19,804.3 84.5 64.1 99.5 10.6 14.4 14.6 23.3 22.6 29.4 Jul-22 Aug-22 Sep-22 14,905.2 13,603.4 10,663.9 10,404.7 9,355.9 7,948.7 3,707.4 3,531.4 1,876.1 793.2 716.0 839.1 58,896.2 58,868.9 60,075.6 84,234.7 84,383.0 85,837.3 48,548.0 48,855.5 49,643.2 35,686.7 35,527.5 36,194.1 32,221.9 32,146.0 32,547.7 -25,338.4 -25,514.1 -25,761.8 3,066.5 3,041.2 3,007.4 50,772.8 49,368.9 47,442.2 19,962.1 20,062.2 20,289.9 98.7 73.7 5.8 12.3 10.9 19.0 22.6 16.4 12.1 Oct-22 9,776.4 7,114.7 1,865.9 795.8 61,632.3 87,825.1 51,177.1 36,648.0 33,035.7 -26,192.8 3,071.1 47,859.2 20,478.4 -5.3 19.1 9.4 2022 Source: Maldives Monetary Authority 35 | Monthly Statistics - November 2022
40. Table 7 .6 Assets and Liabilities of Maldives Monetary Authority, 2016 - 2022 (Millions of MVR) Assets Liabilities Foreign assets Period Claims on central govt. Claims on other sectors (3) (4) Other assets Nonfinancial assets (2 to 6) Currency in circulation Claims to central govt. Claims to ODC (9) (10) Claims to Other other liabilities to sectors ODC Foreign liabilities Other liabilities Shares & other equity (13) (14) (15) (8 to 15) (1) (2) (5) (6) (7) (8) (11) (12) 2016 2017 2018 16,487.0 17,680.8 18,799.0 7,181.8 9,059.9 10,983.4 6,372.3 6,331.2 6,250.0 2,165.3 1,480.6 777.1 337.5 358.1 351.7 430.2 451.0 436.8 16,487.0 17,680.8 18,799.0 3,243.5 3,496.3 3,669.0 1,093.9 1,812.7 974.8 5,734.2 7,186.9 7,861.9 13.3 143.0 78.3 3,450.8 3,427.2 2,984.4 1,933.8 437.8 1,918.0 727.8 768.1 764.4 289.7 408.8 548.1 2019 2020 2021 18,688.5 26,178.0 23,225.5 11,597.9 15,186.9 12,410.5 6,188.8 9,397.8 9,696.6 77.7 696.2 229.9 347.9 363.9 353.2 476.2 533.2 535.3 18,688.5 26,178.0 23,225.5 3,599.7 3,942.1 3,790.7 3,188.7 1,119.9 2,046.1 7,506.5 8,306.6 8,638.5 13.7 13.6 13.5 2,296.1 4,619.4 6,193.4 588.0 6,689.9 1,145.1 768.7 799.7 657.9 727.2 686.8 740.4 2020 Nov-20 Dec-20 20,357.2 26,178.0 9,684.3 15,186.9 9,265.0 9,397.8 541.9 696.2 361.5 363.9 504.5 533.2 20,357.2 26,178.0 3,982.8 3,942.1 1,256.7 1,119.9 6,923.1 8,306.6 13.6 13.6 4,103.6 4,619.4 2,624.8 6,689.9 791.6 799.7 661.1 686.8 2021 Jan-21 Feb-21 Mar-21 23,358.6 23,596.2 24,028.1 12,817.7 13,127.0 12,975.7 8,941.2 8,882.5 9,468.2 697.0 690.5 694.5 369.0 363.1 357.2 533.6 533.1 532.6 23,358.6 23,596.2 24,028.1 3,859.5 3,815.4 3,817.5 1,166.3 1,257.8 1,465.4 8,643.1 8,721.2 8,309.6 13.6 13.6 13.6 3,991.7 3,969.3 4,650.8 4,199.0 4,349.1 4,308.5 802.2 803.5 791.4 683.2 666.4 671.3 Apr-21 May-21 Jun-21 25,010.6 24,540.2 25,245.4 13,478.1 14,177.8 13,986.4 9,940.6 8,769.7 9,661.9 695.4 698.2 694.5 363.3 362.0 359.0 533.3 532.6 543.5 25,010.6 24,540.2 25,245.4 3,911.4 3,933.3 3,968.2 1,292.6 1,359.2 1,406.7 9,077.0 8,370.4 9,365.2 13.6 13.6 13.6 4,797.0 5,234.8 4,686.1 4,465.3 4,198.9 4,359.7 798.0 798.8 801.3 655.7 631.1 644.5 Jul-21 Aug-21 Sep-21 24,337.4 25,178.3 24,785.7 13,226.1 13,481.6 15,667.0 9,511.4 10,098.0 7,530.0 697.5 695.4 692.8 359.5 359.4 359.7 542.9 544.0 536.3 24,337.4 25,178.3 24,785.7 4,084.6 3,971.1 3,876.1 1,452.7 1,378.7 1,421.6 8,768.1 8,948.7 8,816.2 13.6 13.6 13.6 4,322.5 4,532.7 4,499.7 4,224.0 4,880.6 4,724.4 799.6 656.7 656.7 672.2 796.2 777.4 Oct-21 Nov-21 Dec-21 24,699.2 25,375.6 23,225.5 14,612.2 14,553.2 12,410.5 8,803.4 9,573.8 9,696.6 385.0 355.9 229.9 359.3 353.3 353.2 539.3 539.3 535.3 24,699.2 25,375.6 23,225.5 3,830.3 3,787.8 3,790.7 1,433.0 1,589.0 2,046.1 8,069.0 8,035.4 8,638.5 13.6 13.5 13.5 5,000.7 5,730.7 6,193.4 4,925.6 4,799.9 1,145.1 652.6 649.7 657.9 774.4 769.7 740.4 Jan-22 Feb-22 Mar-22 22,026.0 23,328.8 24,733.0 11,626.1 11,809.0 13,307.0 9,274.6 10,391.0 10,314.0 231.5 235.4 232.7 353.2 352.6 348.7 540.6 540.6 530.6 22,026.0 23,328.8 24,733.0 3,780.6 3,765.9 3,747.8 1,168.8 1,317.4 2,458.2 9,116.1 9,164.0 9,990.0 13.5 13.5 13.5 5,715.7 6,374.6 6,199.6 827.0 1,304.6 973.4 655.4 656.3 655.7 749.0 732.6 694.9 Apr-22 May-22 Jun-22 24,845.4 25,247.6 24,012.5 12,767.4 12,451.5 11,573.4 10,969.9 11,686.4 11,485.4 234.2 233.8 77.6 339.3 340.8 337.6 534.6 535.2 538.4 24,845.4 25,247.6 24,012.5 3,760.3 3,706.9 3,682.7 2,567.8 2,607.1 2,000.6 9,598.0 9,695.6 9,140.9 13.5 13.5 14.8 6,298.6 7,056.6 6,504.6 1,264.0 808.3 1,309.9 648.0 651.9 652.9 695.2 707.7 706.0 Jul-22 Aug-22 Sep-22 23,120.2 22,746.3 21,002.8 11,223.1 10,128.5 8,324.0 10,947.9 11,677.7 11,738.6 77.6 74.5 75.5 335.5 329.7 320.5 536.1 535.9 544.3 23,120.2 22,746.3 21,002.8 3,747.4 3,609.9 3,570.1 1,815.2 2,116.5 1,492.7 9,398.4 8,767.2 8,218.5 14.8 14.8 14.8 5,932.6 6,111.6 6,002.8 818.4 772.6 375.2 646.6 643.7 643.6 746.6 710.0 685.2 Oct-22 20,997.0 7,703.4 12,343.7 77.7 326.4 545.8 20,997.0 3,596.2 595.1 8,481.4 14.8 6,382.5 588.7 648.9 689.4 2022 Source: Maldives Monetary Authority Monthly Statistics - November 2022 | 36
41. y /y % change Assets Period (16) Claims on central govt. Claims on other sectors Liabilities (17) (18) (19) (20) Foreign assets Currency in circulation (21) Memorandum items Claims to central govt. Claims to ODC Claims to other sectors Other liabilities to ODC Foreign liabilities (22) (23) (24) (25) (26) (27) (28) (29) Net foreign Exchange Foreign assets Monetary assets of MMA rate of MMA operations (avg. (millions of (millions of USD) investment) USD) Overnight deposit facility (30) 2016 2017 2018 3.5 7.2 6.3 -18.7 26.1 21.2 -0.0 -0.6 -1.3 {...} -31.6 -47.5 3.5 7.2 6.3 0.7 7.8 4.9 20.5 65.7 -46.2 -18.7 25.3 9.4 27.3 971.0 -45.2 2.6 -0.7 -12.9 217.3 -77.4 338.1 467.9 587.9 712.7 341.9 559.5 588.3 15.35 15.41 15.41 3,229.4 3,095.1 3,152.2 2019 2020 2021 -0.6 40.1 -11.3 5.6 30.9 -18.3 -1.0 51.9 3.2 -90.0 796.1 -67.0 -0.6 40.1 -11.3 -1.9 9.5 -3.8 227.1 -64.9 82.7 -4.5 10.7 4.0 -82.5 -0.7 -0.7 -23.1 101.2 34.1 -69.3 {...} -82.9 754.1 985.5 806.4 715.9 551.4 732.0 15.38 15.41 15.39 2,347.5 3,138.2 4,508.2 2020 Nov-20 Dec-20 24.2 40.1 4.0 30.9 49.6 51.9 633.3 796.1 24.2 40.1 11.9 9.5 25.5 -64.9 -1.7 10.7 -0.7 -0.7 36.7 101.2 657.2 {...} 630.5 985.5 459.6 551.4 15.36 15.41 3,849.9 3,983.8 2021 Jan-21 Feb-21 Mar-21 22.7 26.0 30.3 7.4 12.9 14.2 44.6 43.8 53.0 807.1 811.0 806.7 22.7 26.0 30.3 8.8 6.2 -4.4 -64.4 -49.8 -26.7 4.2 0.3 -9.2 -0.7 -0.7 - 101.3 130.2 237.9 917.6 536.5 {...} 831.2 856.3 845.3 558.9 572.6 564.6 15.42 15.33 15.35 4,453.4 3,742.8 4,081.8 Apr-21 May-21 Jun-21 15.8 8.1 17.8 -1.7 10.0 29.1 42.2 -1.7 -0.3 804.7 804.9 823.6 15.8 8.1 17.8 -7.1 -7.6 -6.3 -24.9 4.4 5.8 12.1 -11.3 22.2 - 53.3 49.8 21.8 55.9 60.6 59.3 878.6 926.7 913.0 587.5 652.2 628.4 15.34 15.30 15.32 4,565.4 4,685.1 4,826.6 Jul-21 Aug-21 Sep-21 14.4 28.7 28.0 32.0 53.5 46.0 -6.5 5.8 1.5 204.7 81.4 79.6 14.4 28.7 28.0 -3.3 -5.1 -4.2 9.3 20.4 29.3 27.3 46.1 51.6 - -8.5 17.7 7.0 60.9 78.7 72.7 857.7 874.9 1,017.3 583.8 558.1 710.6 15.42 15.41 15.40 4,384.7 4,054.0 4,392.5 Oct-21 Nov-21 Dec-21 24.6 24.7 -11.3 48.9 50.3 -18.3 2.3 3.3 3.2 -28.9 -34.3 -67.0 24.6 24.7 -11.3 -4.5 -4.9 -3.8 15.8 26.4 82.7 36.1 16.1 4.0 -0.7 -0.7 14.3 39.7 34.1 75.3 82.9 -82.9 948.2 944.4 806.4 628.6 632.9 732.0 15.41 15.41 15.39 4,297.5 5,024.2 5,541.6 Jan-22 Feb-22 Mar-22 -5.7 -1.1 2.9 -9.3 -10.0 2.6 3.7 17.0 8.9 -66.8 -65.9 -66.5 -5.7 -1.1 2.9 -2.0 -1.3 -1.8 0.2 4.7 67.7 5.5 5.1 20.2 -0.7 -0.7 -0.7 43.2 60.6 33.3 -80.3 -70.0 -77.4 754.0 766.8 865.8 700.3 682.1 802.4 15.42 15.40 15.37 5,685.7 5,531.6 6,072.2 Apr-22 May-22 Jun-22 -0.7 2.9 -4.9 -5.3 -12.2 -17.3 10.4 33.3 18.9 -66.3 -66.5 -88.8 -0.7 2.9 -4.9 -3.9 -5.8 -7.2 98.6 91.8 42.2 5.7 15.8 -2.4 -0.7 -0.7 8.8 31.3 34.8 38.8 -71.7 -80.8 -70.0 829.6 808.5 751.0 747.5 756.1 666.0 15.39 15.40 15.41 6,016.5 6,502.5 6,743.3 Jul-22 Aug-22 Sep-22 -5.0 -9.7 -15.3 -15.1 -24.9 -46.9 15.1 15.6 55.9 -88.9 -89.3 -89.1 -5.0 -9.7 -15.3 -8.3 -9.1 -7.9 25.0 53.5 5.0 7.2 -2.0 -6.8 8.8 8.8 8.8 37.3 34.8 33.4 -80.6 -84.2 -92.1 728.8 658.6 540.9 675.6 608.3 516.5 15.40 15.38 15.39 6,048.9 5,672.6 5,881.9 Oct-22 -15.0 -47.3 40.2 -79.8 -15.0 -6.1 -58.5 5.1 8.8 27.6 -88.0 500.2 462.0 15.40 5,656.5 2022 37 | Monthly Statistics - November 2022
42. Table 7 .7 Assets and Liabilities of Other Depository Corporations, 2016 - 2022 (Millions of MVR) Assets Liabilities Foreign assets Period (2 to 9) (1) (2) Cash (3) Deposits with central bank (4) Securities other than shares (5) Loans & advances (6) Shares & other equity (7) Other assets (8) Nonfinancial assets (9) (11 to 15) (10) Memorandum items Foreign liabilities Deposits (11) (12) Central govt. liabilities Other liabilities Shares & other equity (13) (14) (15) Transferable deposits (17+18) (16) Other deposits Local currency Foreign currency (17) (18) Local currency (20+21) (19) (20) Foreign currency (21) 2016 2017 2018 46,379.4 48,690.5 51,078.9 4,519.4 3,949.4 3,021.5 548.5 583.8 612.0 9,133.1 10,508.6 10,689.8 10,612.6 9,092.1 9,910.3 19,922.9 23,109.5 25,039.8 14.5 69.4 69.4 839.2 479.6 759.3 789.1 898.1 976.9 46,379.4 48,690.5 51,078.9 1,898.1 2,218.0 2,267.7 27,741.3 29,093.4 30,031.3 1,994.0 1,732.7 1,758.1 3,636.8 3,758.1 4,496.5 11,109.2 11,888.4 12,525.3 21,920.2 23,520.7 23,862.7 10,773.5 11,557.1 11,522.4 11,146.8 11,963.6 12,340.3 5,821.0 5,572.7 6,168.6 2,205.8 1,935.6 2,349.0 3,615.2 3,637.1 3,819.6 2019 2020 2021 56,505.4 68,911.9 83,262.8 4,541.5 4,499.5 10,524.1 606.2 547.2 522.0 9,640.2 12,774.9 14,695.6 12,276.2 18,289.8 22,151.6 26,956.8 29,701.7 31,466.7 103.5 64.2 53.1 975.7 1,315.4 1,973.1 1,405.2 1,719.2 1,876.6 56,505.4 68,911.9 83,262.8 2,509.5 6,378.6 7,626.2 33,248.0 37,990.0 48,956.2 1,768.5 1,752.6 1,940.4 5,060.6 7,502.0 6,897.1 13,918.6 15,288.6 17,842.9 25,851.2 29,944.8 38,533.3 11,563.5 15,607.7 19,077.6 14,287.7 14,337.2 19,455.6 7,396.9 8,045.2 10,423.0 2,526.1 3,449.2 5,610.4 4,870.7 4,595.9 4,812.5 2020 Nov-20 Dec-20 65,089.0 68,911.9 2,626.5 4,499.5 705.4 547.2 10,870.5 12,774.9 18,303.7 18,289.8 29,729.2 29,701.7 108.0 64.2 1,023.8 1,315.4 1,722.0 1,719.2 65,089.0 68,911.9 6,252.0 6,378.6 35,143.7 37,990.0 1,469.3 1,752.6 6,868.3 7,502.0 15,355.8 15,288.6 27,198.2 29,944.8 15,019.0 15,607.7 12,179.2 14,337.2 7,945.4 8,045.2 3,317.7 3,449.2 4,627.7 4,595.9 2021 Jan-21 Feb-21 Mar-21 70,008.8 71,103.5 71,903.8 4,901.7 5,312.7 5,497.1 590.0 565.2 556.9 12,438.5 12,514.1 12,835.9 19,218.8 19,389.7 19,456.5 29,711.0 30,032.4 30,533.2 64.2 64.2 64.2 1,352.9 1,476.5 1,192.7 1,731.6 1,748.8 1,767.3 70,008.8 71,103.5 71,903.8 6,366.6 6,174.2 6,179.0 38,825.9 39,854.7 41,168.6 1,758.9 1,795.9 1,867.1 7,548.2 7,594.7 7,099.5 15,509.2 15,684.0 15,589.6 30,741.4 31,483.9 32,428.4 15,482.1 15,614.5 16,139.5 15,259.2 15,869.4 16,288.9 8,084.6 8,370.7 8,740.2 3,631.4 3,695.8 4,066.9 4,453.2 4,675.0 4,673.3 Apr-21 May-21 Jun-21 74,254.6 74,334.2 74,213.1 6,242.6 5,993.8 5,022.6 582.9 559.4 592.2 13,729.9 13,442.5 13,874.1 20,059.4 20,426.2 20,482.8 30,600.5 30,785.9 31,180.4 64.2 64.2 64.2 1,198.5 1,284.3 1,211.6 1,776.5 1,778.0 1,785.2 74,254.6 74,334.2 74,213.1 6,195.2 6,374.3 6,317.9 42,989.6 42,693.1 42,232.1 2,035.3 2,081.6 2,167.2 7,145.9 7,197.3 7,295.1 15,888.7 15,987.8 16,200.9 34,221.4 33,580.9 33,131.5 16,865.9 17,157.8 17,681.4 17,355.5 16,423.1 15,450.1 8,768.2 9,112.3 9,100.6 4,294.3 4,484.7 4,352.4 4,473.9 4,627.5 4,748.2 Jul-21 Aug-21 Sep-21 74,596.9 76,375.4 76,347.3 4,736.2 6,241.3 5,415.7 663.8 665.6 619.9 12,985.0 13,343.8 13,207.3 21,348.2 21,321.2 21,558.2 31,695.9 31,621.1 32,288.8 64.2 64.2 64.2 1,316.4 1,307.6 1,376.0 1,787.2 1,810.7 1,817.3 74,596.9 76,375.4 76,347.3 6,578.2 7,484.3 6,872.6 42,262.1 43,324.5 43,155.4 2,089.8 1,733.0 2,003.2 7,312.3 7,274.7 7,236.6 16,354.4 16,559.0 17,079.6 32,809.0 33,671.6 33,157.7 17,520.0 17,695.1 18,014.8 15,289.0 15,976.5 15,142.9 9,453.1 9,652.9 9,997.7 4,738.6 4,867.3 5,086.9 4,714.5 4,785.6 4,910.8 Oct-21 Nov-21 Dec-21 77,856.8 81,092.3 83,262.8 6,802.1 9,011.0 10,524.1 585.6 585.4 522.0 12,980.4 13,628.0 14,695.6 21,522.8 21,837.0 22,151.6 32,451.4 32,298.7 31,466.7 64.2 64.2 53.1 1,620.8 1,808.1 1,973.1 1,829.5 1,859.9 1,876.6 77,856.8 81,092.3 83,262.8 6,744.8 7,177.3 7,626.2 44,541.2 47,465.2 48,956.2 2,091.8 2,150.8 1,940.4 7,035.7 6,570.5 6,897.1 17,443.3 17,728.5 17,842.9 34,426.7 37,041.7 38,533.3 17,987.4 18,544.5 19,077.6 16,439.3 18,497.1 19,455.6 10,114.5 10,423.5 10,423.0 5,254.2 5,404.0 5,610.4 4,860.2 5,019.5 4,812.5 Jan-22 Feb-22 Mar-22 84,226.8 85,355.4 85,828.9 10,524.9 11,061.3 10,905.3 588.4 588.0 486.0 14,702.3 15,362.2 16,053.2 22,662.7 22,676.6 23,404.3 31,792.3 31,801.7 31,679.0 53.1 53.1 53.1 2,030.6 1,934.6 1,338.8 1,872.4 1,877.9 1,909.3 84,226.8 85,355.4 85,828.9 6,950.0 6,730.8 6,214.2 50,226.0 51,729.0 52,621.2 1,962.7 2,515.5 2,594.3 6,990.6 6,203.2 5,938.6 18,097.5 18,176.9 18,460.5 39,878.8 41,141.6 41,826.3 18,954.0 19,264.9 19,148.6 20,924.8 21,876.7 22,677.7 10,347.2 10,587.4 10,794.9 5,615.3 5,767.0 6,024.9 4,732.0 4,820.4 4,770.0 Apr-22 May-22 Jun-22 86,640.6 86,344.2 88,480.8 11,455.5 10,209.9 12,468.3 507.6 571.5 555.7 15,735.9 16,616.3 15,481.9 23,857.1 23,964.5 24,429.5 31,782.0 31,705.1 32,170.1 53.1 53.1 53.1 1,325.5 1,284.3 1,374.4 1,924.0 1,939.5 1,947.8 86,640.6 86,344.2 88,480.8 6,232.7 6,239.1 6,199.0 52,902.4 52,350.1 54,613.2 2,768.0 2,848.9 2,718.3 5,979.0 6,255.6 6,072.3 18,758.6 18,650.6 18,878.0 42,138.9 41,285.7 43,546.9 19,541.9 19,471.9 19,713.2 22,597.0 21,813.8 23,833.7 10,763.5 11,064.4 11,066.3 5,902.2 6,252.7 6,265.2 4,861.3 4,811.7 4,801.1 Jul-22 Aug-22 Sep-22 86,186.6 85,001.4 83,517.4 9,896.8 9,620.7 8,254.7 680.8 568.6 562.6 15,095.4 14,713.9 14,061.4 24,512.9 24,329.0 24,305.4 32,612.9 32,414.7 33,057.9 53.1 53.1 53.1 1,382.6 1,345.2 1,251.4 1,952.1 1,956.3 1,970.9 86,186.6 85,001.4 83,517.4 6,189.4 6,089.2 6,378.6 51,897.7 50,614.4 48,718.4 2,751.6 2,902.6 2,917.8 6,226.7 6,018.4 5,851.8 19,121.2 19,376.7 19,650.8 40,836.4 39,617.0 37,061.9 18,523.3 18,701.0 18,289.6 22,313.2 20,916.0 18,772.3 11,061.2 10,997.4 11,656.5 6,302.3 6,240.5 6,181.2 4,758.9 4,756.9 5,475.3 Oct-22 84,444.9 7,992.5 525.1 14,746.0 24,247.2 33,517.7 53.1 1,384.0 1,979.2 84,444.9 6,126.6 49,215.7 2,989.4 6,176.5 19,936.7 37,633.5 18,245.1 19,388.4 11,582.2 6,137.2 5,445.0 2022 Source: Maldives Monetary Authority Monthly Statistics - November 2022 | 38
43. Table 7 .8 Assets and Liabilities of Other Financial Corporations, 2016 - 2022 (Millions of MVR) Assets Liabilities Foreign assets Period (2 to 10) (1) (2) Cash Deposits with central bank (3) (4) Deposits with ODC (5) Securities Loans & other than advances shares (6) (7) Shares & other equity (8) Other assets Nonfinancial assets (9) (10) Foreign liabilities (12 to 20) (11) Deposits Central Credit Securities govt. from ODC other than liabilities shares Loans Insurance technical reserves (18) Other liabilities (19) Shares & other equity (12) (13) (14) (15) (16) (17) 2016 2017 2018 11,835.9 13,747.0 15,889.9 241.7 282.3 367.3 0.9 1.3 1.5 12.0 12.0 12.0 469.1 567.3 686.5 5,689.2 6,792.1 8,177.7 5,005.6 5,291.0 5,781.2 245.4 550.8 546.0 92.6 130.5 186.3 79.4 119.8 131.6 11,835.9 13,747.0 15,889.9 314.5 300.2 332.3 74.6 70.4 83.7 176.0 30.3 38.5 396.8 549.0 642.3 55.2 151.6 218.9 70.0 96.8 93.3 9,549.8 11,048.6 12,698.5 246.3 423.5 575.2 952.8 1,076.6 1,207.3 (20) 2019 2020 2021 18,466.2 20,688.1 23,674.3 437.1 525.3 886.1 0.3 0.1 0.1 12.0 12.0 12.0 843.5 994.0 1,363.6 9,987.4 11,278.0 13,265.5 6,144.6 6,581.9 6,963.4 652.6 660.3 648.0 237.5 440.3 329.9 151.0 196.2 205.6 18,466.2 20,688.1 23,674.3 307.4 283.2 304.9 89.5 81.2 79.4 38.5 32.4 24.2 744.8 696.2 657.4 468.5 432.5 574.7 90.4 85.0 72.3 14,436.9 16,225.6 18,434.2 707.4 820.1 1,042.4 1,582.7 2,031.8 2,484.8 2020 Nov-20 Dec-20 20,416.9 20,688.1 502.7 525.3 1.6 0.1 12.0 12.0 994.5 994.0 11,068.6 11,278.0 6,547.0 6,581.9 652.9 660.3 447.3 440.3 190.3 196.2 20,416.9 20,688.1 305.0 283.2 82.3 81.2 31.8 32.4 688.7 696.2 435.6 432.5 85.2 85.0 16,044.3 16,225.6 729.8 820.1 2,014.1 2,031.8 2021 Jan-21 Feb-21 Mar-21 20,976.0 21,143.7 21,466.9 615.9 620.2 741.9 0.6 1.5 0.6 12.0 12.0 12.0 966.0 992.0 998.2 11,485.3 11,687.6 11,861.7 6,599.3 6,630.1 6,636.2 657.9 653.4 661.3 442.5 349.6 356.3 196.5 197.4 198.7 20,976.0 21,143.7 21,466.9 314.1 298.2 310.1 80.6 80.1 79.8 30.9 31.9 29.0 683.4 672.7 643.5 433.0 445.6 448.3 84.0 85.0 85.3 16,492.4 16,653.4 16,884.0 792.2 765.8 798.6 2,065.5 2,111.1 2,188.1 Apr-21 May-21 Jun-21 21,770.3 21,970.5 22,141.9 731.4 719.6 696.9 1.7 1.9 0.3 12.0 12.0 12.0 1,099.4 1,144.4 1,198.0 12,087.5 12,246.3 12,369.5 6,667.4 6,665.3 6,701.5 657.4 663.2 663.2 314.4 318.7 301.4 198.9 199.3 199.2 21,770.3 21,970.5 22,141.9 327.7 325.2 328.6 79.3 79.0 79.0 32.4 33.5 36.4 688.1 671.3 704.1 447.5 437.4 434.3 89.1 90.2 90.3 17,061.0 17,203.7 17,356.4 797.3 892.1 842.7 2,247.8 2,238.2 2,270.1 Jul-21 Aug-21 Sep-21 22,284.5 22,613.4 22,836.5 675.7 777.7 904.1 1.5 0.3 0.2 12.0 12.0 12.0 1,131.4 1,247.1 1,222.8 12,558.9 12,696.9 12,770.1 6,729.1 6,740.8 6,791.2 652.6 656.0 655.2 321.4 280.2 278.1 201.8 202.4 202.8 22,284.5 22,613.4 22,836.5 334.0 302.3 306.9 78.6 79.0 79.6 37.9 33.1 18.9 698.1 691.3 665.3 436.1 438.7 419.9 89.1 90.4 92.5 17,483.5 17,747.9 17,938.9 847.3 861.6 911.6 2,279.8 2,369.1 2,402.9 Oct-21 Nov-21 Dec-21 23,070.0 23,491.9 23,674.3 950.4 909.9 886.1 0.1 0.4 0.1 12.0 12.0 12.0 1,244.8 1,416.4 1,363.6 12,856.7 12,958.6 13,265.5 6,848.0 6,872.9 6,963.4 655.2 653.2 648.0 298.8 463.8 329.9 203.9 204.7 205.6 23,070.0 23,491.9 23,674.3 371.4 364.8 304.9 79.1 79.0 79.4 20.9 21.9 24.2 658.9 649.6 657.4 425.6 577.8 574.7 91.3 92.5 72.3 18,067.5 18,253.9 18,434.2 928.5 983.1 1,042.4 2,426.8 2,469.5 2,484.8 Jan-22 Feb-22 Mar-22 23,899.3 24,168.3 24,530.7 865.3 917.7 1,110.5 0.1 0.1 0.1 12.0 12.0 12.0 1,395.7 1,471.7 1,409.7 13,443.6 13,599.2 13,707.5 6,985.2 6,988.0 7,066.6 660.0 657.6 662.2 331.4 314.8 348.9 206.1 207.2 213.1 23,899.3 24,168.3 24,530.7 360.0 365.4 389.4 79.1 79.4 82.4 20.6 21.0 28.9 649.9 642.4 616.8 576.5 579.0 581.7 71.3 72.3 73.3 18,613.2 18,809.0 19,149.9 1,053.0 1,038.0 998.0 2,475.7 2,561.8 2,610.1 Apr-22 May-22 Jun-22 24,803.3 24,934.3 25,301.5 1,146.7 1,150.4 1,172.3 0.1 0.1 0.1 12.0 12.0 12.0 1,416.7 1,521.4 1,518.2 13,838.6 13,867.1 14,023.8 7,084.0 7,135.7 7,192.5 662.0 665.3 680.9 427.2 367.9 486.3 216.1 214.6 215.4 24,803.3 24,934.3 25,301.5 407.9 362.4 353.0 82.5 82.1 81.4 29.9 31.8 29.9 612.7 643.9 649.5 581.0 572.4 569.8 71.3 62.2 62.1 19,373.8 19,553.7 19,813.0 1,007.5 942.4 1,040.8 2,636.8 2,683.5 2,701.9 Jul-22 Aug-22 Sep-22 25,471.4 25,620.5 25,866.4 1,170.4 1,068.6 1,151.2 0.1 0.1 0.1 12.0 12.0 12.0 1,548.2 1,716.3 1,663.4 14,109.4 14,293.3 14,428.5 7,209.2 7,277.3 7,313.2 681.1 679.6 706.0 524.8 357.3 371.4 216.3 215.9 220.6 25,471.4 25,620.5 25,866.4 377.2 352.5 312.1 81.3 80.8 82.9 24.3 22.5 24.0 649.5 684.3 686.1 572.2 575.3 578.6 63.0 62.2 62.1 19,970.3 20,072.1 20,299.6 998.0 1,022.4 1,045.6 2,735.4 2,748.4 2,775.4 Oct-22 26,204.8 1,161.2 0.1 12.0 1,736.4 14,585.7 7,373.9 727.3 387.0 221.3 26,204.8 365.4 83.0 31.2 718.3 578.3 63.0 20,489.1 1,073.1 2,803.5 2022 Source: Maldives Monetary Authority 39 | Monthly Statistics - November 2022
44. Table 7 .9 Private Sector Loans and Advances by Other Depository Corporations, 2016 - 2022 (Millions of MVR) Period Total loans & advances 1/ Agriculture Manufacturing Construction 2/ Real estate 2/ Fishing Tourism Commerce Transport & Electricity, gas, communication water & sanitary services Other loans & loans not adequately described (2 to 11) (1) (2) 2016 2017 2018 18,495.6 20,584.7 22,793.7 1.9 2.7 2.3 520.0 501.8 466.3 171.9 164.4 136.4 3,345.0 3,720.1 4,843.5 633.0 1,638.2 1,697.3 7,257.0 7,938.2 8,455.0 3,178.1 3,212.9 3,140.1 1,069.8 619.3 859.9 13.9 2.3 2.8 2,305.0 2,784.9 3,190.2 2019 2020 2021 24,499.5 26,669.2 27,789.2 1.9 1.8 0.3 434.3 343.7 294.8 108.1 103.8 100.2 5,305.8 5,719.2 5,837.9 1,842.4 2,041.3 1,973.0 8,979.3 10,695.6 10,866.5 3,098.2 2,940.7 3,072.2 898.3 711.4 1,016.6 0.7 - 3,830.5 4,111.8 4,627.5 (3) (4) (5) (6) (7) (8) (9) (10) (11) 2020 Nov-20 Dec-20 26,597.0 26,669.2 1.8 1.8 343.8 343.7 108.5 103.8 5,660.5 5,719.2 2,050.7 2,041.3 10,541.0 10,695.6 3,053.3 2,940.7 721.3 711.4 1.7 - 4,114.3 4,111.8 2021 Jan-21 Feb-21 Mar-21 26,499.1 26,560.5 26,929.4 1.7 1.7 1.7 332.6 327.8 326.8 105.4 105.0 105.0 5,726.3 5,715.3 5,732.0 2,057.0 2,035.8 2,032.9 10,491.2 10,532.8 10,732.4 2,962.7 2,982.2 2,982.0 686.5 749.1 823.3 - 4,135.6 4,110.7 4,193.4 Apr-21 May-21 Jun-21 27,034.6 27,190.6 27,489.7 1.7 1.7 0.8 325.1 319.2 316.2 95.0 92.8 100.3 5,789.7 5,818.2 5,820.1 1,997.0 1,982.3 1,999.7 10,935.5 11,026.3 11,132.4 2,791.0 2,855.2 2,982.2 851.7 814.8 831.7 - 4,247.9 4,280.1 4,306.3 Jul-21 Aug-21 Sep-21 27,817.1 28,087.3 28,470.1 0.8 0.8 0.7 311.5 309.7 301.8 98.8 98.9 99.9 5,831.8 5,897.3 5,899.0 1,992.8 1,996.3 1,999.7 11,191.0 11,239.5 11,506.7 3,003.5 3,065.8 3,157.7 1,053.0 1,060.8 1,046.2 - 4,334.0 4,418.3 4,458.2 Oct-21 Nov-21 Dec-21 28,436.9 28,222.2 27,789.2 0.7 0.3 0.3 294.2 305.4 294.8 101.0 100.1 100.2 5,893.1 5,834.7 5,837.9 1,984.6 1,955.5 1,973.0 11,475.5 11,330.5 10,866.5 3,152.4 3,104.7 3,072.2 1,033.2 1,003.8 1,016.6 - 4,502.2 4,587.1 4,627.5 Jan-22 Feb-22 Mar-22 27,919.3 27,836.4 27,529.7 0.3 0.3 0.3 292.2 288.6 298.1 98.3 96.4 94.3 5,837.8 5,822.1 5,806.5 1,987.7 1,999.2 2,044.5 10,949.0 10,824.5 10,516.6 3,086.2 3,098.5 3,138.1 996.1 1,001.6 937.4 - 4,671.8 4,705.2 4,693.9 Apr-22 May-22 Jun-22 27,638.9 27,714.7 27,929.3 0.3 0.3 0.2 299.8 293.4 307.1 95.0 92.6 92.3 5,802.5 5,798.1 5,794.6 2,083.5 2,088.3 2,093.4 10,378.8 10,313.1 10,380.0 3,195.9 3,287.1 3,275.1 1,113.5 1,084.1 1,045.7 - 4,669.7 4,757.8 4,940.8 Jul-22 Aug-22 Sep-22 28,050.6 27,966.0 28,318.6 0.2 0.2 0.2 301.6 301.8 300.0 90.7 89.8 87.3 5,785.4 5,749.9 5,894.9 2,082.9 2,106.8 2,105.4 10,451.6 10,375.7 10,789.3 3,316.4 3,265.1 3,257.2 1,033.1 1,008.5 725.1 - 4,988.8 5,068.3 5,159.3 Oct-22 28,733.1 0.2 297.7 88.3 5,861.9 2,099.9 11,169.7 3,257.2 712.5 - 5,245.7 2022 Source: Maldives Monetary Authority 1/ 2/ Includes total loans and advances to private sector excluding accrued interest receivable and accounts receivable. From June 2017 onwards, construction loans are reported as real estate loans when all proceeds under the loan have been advanced as per instructions in MMA financial returns. Monthly Statistics - November 2022 | 40
45. Period In % of Total loans & advances Fishing (12) y/y % change Construction 2/ Real estate 2/ Tourism (13) (14) (15) (16) Commerce Transport & Total loans & communication advances (17) Fishing Construction 2/ Real estate 2/ Tourism (22) (18) (19) (20) (21) Commerce Transport & communication (23) (24) 2016 2017 2018 2.8 2.4 2.0 18.1 18.1 21.2 3.4 8.0 7.4 39.2 38.6 37.1 17.2 15.6 13.8 5.8 3.0 3.8 10.4 11.3 10.7 15.3 -3.5 -7.1 37.0 11.2 30.2 -5.5 158.8 3.6 9.5 9.4 6.5 7.2 1.1 -2.3 19.6 -42.1 38.8 2019 2020 2021 1.8 1.3 1.1 21.7 21.4 21.0 7.5 7.7 7.1 36.7 40.1 39.1 12.6 11.0 11.1 3.7 2.7 3.7 7.5 8.9 4.2 -6.9 -20.9 -14.2 9.5 7.8 2.1 8.5 10.8 -3.3 6.2 19.1 1.6 -1.3 -5.1 4.5 4.5 -20.8 42.9 2020 Nov-20 Dec-20 1.3 1.3 21.3 21.4 7.7 7.7 39.6 40.1 11.5 11.0 2.7 2.7 9.3 8.9 -21.3 -20.9 8.1 7.8 11.3 10.8 17.6 19.1 -0.5 -5.1 -19.4 -20.8 2021 Jan-21 Feb-21 Mar-21 1.3 1.2 1.2 21.6 21.5 21.3 7.8 7.7 7.5 39.6 39.7 39.9 11.2 11.2 11.1 2.6 2.8 3.1 8.4 8.0 8.6 -23.2 -24.6 -24.0 8.0 6.8 6.6 12.2 9.8 10.0 18.5 17.5 18.2 -4.0 -1.4 -1.3 -21.7 -12.4 -4.6 Apr-21 May-21 Jun-21 1.2 1.2 1.2 21.4 21.4 21.2 7.4 7.3 7.3 40.5 40.6 40.5 10.3 10.5 10.8 3.2 3.0 3.0 9.1 8.7 9.6 -24.5 -25.7 -28.2 7.1 7.7 7.6 3.5 2.0 2.5 20.0 16.9 16.6 -7.6 -4.5 1.0 -1.2 -4.1 -1.0 Jul-21 Aug-21 Sep-21 1.1 1.1 1.1 21.0 21.0 20.7 7.2 7.1 7.0 40.2 40.0 40.4 10.8 10.9 11.1 3.8 3.8 3.7 9.8 8.1 8.2 -28.1 -29.9 -31.2 7.4 6.3 5.6 3.9 2.0 0.4 15.8 11.5 11.6 -3.0 -0.2 3.8 27.4 29.6 31.1 Oct-21 Nov-21 Dec-21 1.0 1.1 1.1 20.7 20.7 21.0 7.0 6.9 7.1 40.4 40.1 39.1 11.1 11.0 11.1 3.6 3.6 3.7 8.2 6.1 4.2 -14.8 -11.2 -14.2 5.4 3.1 2.1 -1.5 -4.6 -3.3 10.5 7.5 1.6 3.8 1.7 4.5 41.4 39.2 42.9 Jan-22 Feb-22 Mar-22 1.0 1.0 1.1 20.9 20.9 21.1 7.1 7.2 7.4 39.2 38.9 38.2 11.1 11.1 11.4 3.6 3.6 3.4 5.4 4.8 2.2 -12.2 -12.0 -8.8 1.9 1.9 1.3 -3.4 -1.8 0.6 4.4 2.8 -2.0 4.2 3.9 5.2 45.1 33.7 13.9 Apr-22 May-22 Jun-22 1.1 1.1 1.1 21.0 20.9 20.7 7.5 7.5 7.5 37.6 37.2 37.2 11.6 11.9 11.7 4.0 3.9 3.7 2.2 1.9 1.6 -7.8 -8.1 -2.9 0.2 -0.3 -0.4 4.3 5.3 4.7 -5.1 -6.5 -6.8 14.5 15.1 9.8 30.7 33.0 25.7 Jul-22 Aug-22 Sep-22 1.1 1.1 1.1 20.6 20.6 20.8 7.4 7.5 7.4 37.3 37.1 38.1 11.8 11.7 11.5 3.7 3.6 2.6 0.8 -0.4 -0.5 -3.2 -2.6 -0.6 -0.8 -2.5 -0.1 4.5 5.5 5.3 -6.6 -7.7 -6.2 10.4 6.5 3.1 -1.9 -4.9 -30.7 Oct-22 1.0 20.4 7.3 38.9 11.3 2.5 1.0 1.2 -0.5 5.8 -2.7 3.3 -31.0 2022 41 | Monthly Statistics - November 2022
46. Table 8 . Interest Rates, 2016 - 2022 (Weighted average; In % per annum, end of period) Period Maldives Monetary Authority Government Standing Facilities Treasury bills 1/ Overnight Overnight deposit lombard facility facility 28 91 182 Transferable Saving deposits deposits Deposits Loans & advances Deposits 364 Other financial institutions Commercial banks (foreign currency) Commercial banks (local currency) Public Time deposits nonfinancial up to 3 3 to 6 2 to 3 corp. m m yr Pvt. sector Transferable Saving deposits deposits Loans & advances Time deposits up to 3 3 to 6 2 to 3 m m yr Public nonfinancial corp. Pvt. sector Stock exchange Share prices Masix Index Masix Index (Period Average) (End of Month) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (13) (14) (15) (16) (17) (18) (19) (20) (21) (22) 2016 2017 2018 1.50 1.50 1.50 10.00 10.00 10.00 3.50 3.50 3.50 3.87 3.87 3.87 4.23 4.23 4.23 4.60 4.60 4.60 2.38 1.45 1.45 1.65 1.48 1.50 2.08 2.22 2.54 2.63 2.86 2.61 2.50 2.66 4.39 9.00 9.98 9.21 10.62 9.82 11.47 0.73 0.71 0.68 2.01 2.19 2.08 2.42 2.22 2.94 2.28 2.70 2.77 1.88 1.75 1.75 9.52 8.92 8.87 9.08 9.07 8.82 156.79 175.11 167.75 155.05 174.97 169.06 2019 2020 2021 1.50 1.50 1.50 10.00 10.00 10.00 3.50 3.50 3.50 3.87 3.87 3.87 4.23 4.23 4.23 4.60 4.60 4.60 1.48 1.51 1.49 1.50 1.49 1.49 2.98 2.50 2.20 2.65 3.04 2.74 4.72 4.75 4.39 9.83 8.74 8.58 11.59 11.55 11.39 0.73 0.80 0.79 2.00 1.92 1.41 2.66 2.27 3.28 3.11 3.18 2.81 1.75 1.75 1.75 8.58 7.91 8.03 8.49 8.48 8.03 189.22 197.32 194.94 199.05 199.25 191.07 (1) (2) 2020 Nov-20 Dec-20 1.50 1.50 10.00 10.00 3.50 3.50 3.87 3.87 4.23 4.23 4.60 4.60 1.49 1.51 1.49 1.49 2.56 2.50 2.90 3.04 4.78 4.75 8.67 8.74 11.59 11.55 0.81 0.80 1.95 1.92 1.98 2.27 3.47 3.18 1.75 1.75 7.95 7.91 8.49 8.48 210.73 197.32 203.54 199.25 2021 Jan-21 Feb-21 Mar-21 1.50 1.50 1.50 10.00 10.00 10.00 3.50 3.50 3.50 3.87 3.87 3.87 4.23 4.23 4.23 4.60 4.60 4.60 1.48 1.46 1.46 1.49 1.49 1.49 2.62 2.40 2.40 3.02 3.03 2.79 4.77 4.77 4.82 8.73 8.65 8.68 11.57 11.56 11.55 0.79 0.79 0.79 1.92 1.44 1.43 2.27 2.44 2.33 3.14 2.86 3.04 1.75 1.75 1.75 7.94 8.14 8.48 8.71 8.57 8.56 199.09 197.55 200.76 198.15 196.72 202.65 Apr-21 May-21 Jun-21 1.50 1.50 1.50 10.00 10.00 10.00 3.50 3.50 3.50 3.87 3.87 3.87 4.23 4.23 4.23 4.60 4.60 4.60 1.47 1.47 1.47 1.49 1.49 1.49 2.33 2.30 2.03 2.76 2.74 3.07 4.87 4.87 4.87 9.02 8.96 8.95 11.53 11.63 11.62 0.76 0.78 0.79 1.44 1.43 1.44 2.53 2.37 2.51 2.99 2.99 2.85 1.75 1.75 2.50 8.42 8.39 8.36 8.61 8.15 8.17 203.56 213.48 216.89 206.04 217.57 215.59 Jul-21 Aug-21 Sep-21 1.50 1.50 1.50 10.00 10.00 10.00 3.50 3.50 3.50 3.87 3.87 3.87 4.23 4.23 4.23 4.60 4.60 4.60 1.47 1.48 1.48 1.49 1.49 1.49 2.04 2.08 2.29 3.14 3.13 2.29 4.49 4.44 4.48 8.65 8.63 8.64 11.60 11.61 11.59 0.78 0.81 0.80 1.43 1.43 1.42 2.54 2.69 2.56 2.66 3.53 3.44 1.75 1.75 1.75 8.37 8.36 8.34 8.07 8.09 8.24 207.06 203.99 204.80 204.01 205.28 205.81 Oct-21 Nov-21 Dec-21 1.50 1.50 1.50 10.00 10.00 10.00 3.50 3.50 3.50 3.87 3.87 3.87 4.23 4.23 4.23 4.60 4.60 4.60 1.48 1.48 1.49 1.49 1.49 1.49 2.29 2.23 2.20 3.23 2.80 2.74 4.41 4.38 4.39 8.60 8.58 8.58 11.59 11.53 11.39 0.79 0.79 0.79 1.41 1.42 1.41 2.47 2.98 3.28 3.31 2.72 2.81 1.75 1.75 1.75 8.26 8.24 8.03 8.14 8.03 8.03 202.60 200.89 194.94 202.36 197.94 191.07 Jan-22 Feb-22 Mar-22 1.50 1.50 1.50 10.00 10.00 10.00 3.50 3.50 3.50 3.87 3.87 3.87 4.23 4.23 4.23 4.60 4.60 4.60 1.48 1.47 1.44 1.49 1.49 1.49 2.10 1.92 2.11 2.88 2.79 2.71 4.34 4.34 4.20 8.57 8.59 7.89 11.16 11.00 10.83 0.79 0.79 0.68 1.42 1.41 1.40 3.38 2.58 2.53 3.01 2.77 2.99 1.75 1.75 1.75 7.86 7.85 6.69 7.80 7.83 7.70 211.61 218.21 224.18 216.26 223.91 226.66 Apr-22 May-22 Jun-22 1.50 1.50 1.50 10.00 10.00 10.00 3.50 3.50 3.50 3.87 3.87 3.87 4.23 4.23 4.23 4.60 4.60 4.60 1.46 1.45 1.45 1.49 1.49 1.49 2.28 2.31 2.49 2.32 2.59 2.77 4.03 3.83 3.83 7.59 7.36 7.03 10.66 10.50 10.21 0.69 0.69 0.64 1.42 1.43 1.44 2.92 2.63 2.32 2.59 2.75 2.86 1.75 1.75 1.75 6.73 6.83 7.07 7.68 7.70 7.72 229.54 249.51 263.23 245.61 250.34 289.44 Jul-22 Aug-22 Sep-22 1.50 1.50 1.50 10.00 10.00 10.00 3.50 3.50 3.50 3.87 3.87 3.87 4.23 4.23 4.23 4.60 4.60 4.60 1.44 1.44 1.44 1.49 1.49 1.49 2.32 2.28 2.29 2.78 2.64 2.74 4.72 4.68 4.71 7.04 7.00 8.90 10.11 9.93 11.67 0.68 0.69 0.68 1.45 1.46 1.44 2.28 2.60 2.55 2.81 3.89 3.58 1.75 2.11 1.75 7.23 7.25 8.32 7.58 7.57 8.24 277.50 297.40 308.32 276.41 304.47 294.49 Oct-22 1.50 10.00 3.50 3.87 4.23 4.60 1.44 1.49 2.32 2.79 4.88 8.90 11.64 0.69 1.44 2.40 3.72 1.75 8.66 8.28 336.03 342.29 2022 Source: Maldives Monetary Authority 1/ Treasury bills reverted to a TAP system from an auction system in 2014. The rates were revised in 2015 due to a change in government policy. Monthly Statistics - November 2022 | 42
47. Table 9 Financial Soundness Indicators , 2016 - 2022 ¹⁄ (in percent) Capital adequacy Asset quality Earnings and profitability Regulatory Regulatory tier 1 Non-performing Non-performing Loan concentration Provisions to loans to total capital to risk- capital to riskloans net of nonperofrming by economic gross loans weighted assets weighted assets provisions to loans sectors 2/ capital Period Return on assets (ROA) Return on equity (ROE) Interest margin to gross income Liquidity Non-interest Liquid assets Liquid assets expenses to to total to short-term gross assets (Liquid liabilities income asset ratio) (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (13) 2016 2017 2018 44.6 44.9 44.7 34.6 36.6 36.0 2.3 3.0 2.9 10.5 9.7 8.9 86.5 86.2 86.8 88.8 85.1 84.5 6.3 5.0 5.7 20.4 15.0 15.9 65.9 64.5 64.2 28.9 30.9 30.5 46.0 43.1 42.0 69.8 66.9 66.5 15.2 8.9 9.1 2019 2020 2021 46.4 46.3 46.8 39.0 41.0 36.4 2.3 0.1 0.5 9.4 8.2 6.7 87.1 87.8 88.8 87.6 99.5 96.5 4.6 2.5 5.7 13.3 7.5 19.7 65.0 71.6 58.1 31.8 31.8 28.9 42.6 42.6 46.4 68.2 69.7 72.0 6.4 -9.2 6.1 2016 Dec-16 Q4 44.6 34.6 2.3 10.5 86.5 88.8 6.3 20.4 65.9 28.9 46.0 69.8 15.2 2017 Mar-17 Jun-17 Sep-17 Dec-17 Q1 Q2 Q3 Q4 41.3 41.8 43.9 44.9 38.0 37.3 37.9 36.6 3.0 3.4 4.2 3.0 11.1 10.1 10.9 9.7 86.5 86.8 87.0 86.2 87.0 84.6 82.0 85.1 5.3 4.7 4.6 5.0 17.6 14.6 13.9 15.0 66.4 65.9 65.9 64.5 27.7 28.3 30.3 30.9 45.9 43.6 41.6 43.1 70.2 67.8 65.1 66.9 11.8 8.3 8.7 8.9 2018 Mar-18 Jun-18 Sep-18 Dec-18 Q1 Q2 Q3 Q4 42.5 43.1 43.9 44.7 39.4 38.5 37.4 36.0 2.1 2.1 2.4 2.9 9.0 8.9 8.4 8.9 87.3 87.3 87.3 86.8 88.8 88.9 86.6 84.5 4.6 4.5 5.0 5.7 14.0 13.7 14.9 15.9 60.5 62.6 63.1 64.2 30.9 30.2 29.4 30.5 45.1 42.6 39.5 42.0 70.0 66.4 63.1 66.5 9.3 9.9 10.5 9.1 2019 Mar-19 Jun-19 Sep-19 Dec-19 Q1 Q2 Q3 Q4 46.3 47.4 47.3 46.4 42.8 42.5 40.8 39.0 3.3 4.4 4.2 2.3 9.3 9.6 9.6 9.4 86.6 87.3 87.8 87.1 82.2 77.0 78.2 87.6 5.5 5.2 5.1 4.6 17.4 15.3 14.7 13.3 62.2 63.4 64.1 65.0 29.2 30.3 29.8 31.8 45.0 43.0 40.6 42.6 68.8 68.5 66.7 68.2 11.4 7.4 8.4 6.4 2020 Mar-20 Jun-20 Sep-20 Dec-20 Q1 Q2 Q3 Q4 46.5 47.9 48.2 46.3 43.6 44.1 42.9 41.0 1.7 2.2 1.4 0.1 9.2 9.6 8.9 8.2 86.8 86.8 86.8 87.8 90.9 88.3 92.3 99.5 4.4 3.1 3.4 2.5 13.0 8.9 9.7 7.5 66.6 71.2 72.6 71.6 30.3 29.6 28.7 31.8 43.2 44.6 39.1 42.6 67.0 69.9 67.0 69.7 9.6 9.1 5.2 -9.2 2021 Mar-21 Jun-21 Sep-21 Dec-21 Q1 Q2 Q3 Q4 45.8 47.2 48.7 46.8 42.1 41.5 39.9 36.4 -0.3 0.1 -0.0 0.5 7.8 7.8 7.5 6.7 88.6 89.2 89.5 88.8 102.0 99.2 100.2 96.5 4.7 4.9 6.1 5.7 15.9 16.3 20.2 19.7 62.1 61.2 55.7 58.1 28.5 27.9 24.9 28.9 43.4 42.5 42.4 46.4 69.4 68.7 67.4 72.0 -8.7 -10.1 5.6 6.1 2022 Mar-22 Jun-22 Sep-22 Q1 Q2 Q3 48.2 48.3 52.4 44.1 42.2 43.9 -0.7 -0.7 -0.6 6.4 6.0 6.1 88.1 87.7 86.8 106.0 106.5 105.2 5.9 5.4 5.3 20.6 18.7 18.3 57.4 59.3 61.2 31.4 29.2 28.7 48.3 48.9 45.2 73.9 74.6 72.3 -5.2 -5.7 -5.7 Source: Maldives Monetary Authority 1/ Sensitivity to market risk Net open position in foreign exchange to capital This table is compiled based on information available as at 28 February 2022 in accordance with IMF's FSI Compilation Guide (2019), and some of the ratios are revised in line with the Guide (2019). 2/ Refers to lending to the three largest economic sectors as a proportion total gross loans to nonfinancial corporations. Note: Figures for Q4 2021 and Q1 2022 have been revised. 43 | Monthly Statistics - November 2022
48. Table 10 Financial Access Survey , 2009 - 2021 ¹⁄ Commercial banks Period No. of institutions (1) No.of branches (2) No.of ATMs (3) No.of depositors No.of deposit accounts Other financial intermediaries No.of borrowers No.of loan accounts Outstanding loans (millions of MVR) Outstanding No.of No.of deposits institutions customers (millions of MVR) (4) (5) (6) (7) (8) (9) (10) (11) No. of customer accounts (12) Insurance corporations No.of borrowers No.of loan accounts (13) (14) No.of companies (15) No.of No.of insurance insurance policy holders policies (16) (17) 2009 2010 2011 6 6 7 26 26 26 44 45 47 253,900 267,475 309,306 na na 404,424 30,783 28,768 39,127 na na 40,099.0 16,841.2 16,602.4 17,701.7 12,081.6 14,334.5 17,326.9 2 2 2 503 578 875 503 578 875 503 578 875 503 578 875 2 4 4 na na na na na na 2012 2013 2014 7 7 7 27 27 28 58 64 78 305,635 319,033 407,158 334,572 425,711 423,380 39,944 33,204 39,407 41,256.0 35,004.0 43,522.0 16,022.2 16,148.0 16,323.8 17,943.7 20,956.1 24,541.4 2 2 2 1,352 1,606 3,511 1,373 1,624 3,596 1,352 1,606 3,511 1,373 1,624 3,596 4 3 3 31,206 31,225 33,063 56,504 52,633 59,643 2015 2016 2017 7 8 8 29 37 44 83 96 117 350,063 371,181 373,341 484,841 518,007 509,795 41,486 48,961 58,375 53,699.0 54,173.0 64,013 17,642.0 19,419.3 22,039.6 27,550.9 27,729.9 28,822.8 2 2 2 5,326 7,058 7,748 5,548 7,557 8,329 5,326 7,058 7,748 5,548 7,557 7,850 3 5 5 41,096 47,555 54,312 91,771 109,875 117,644 2018 2019 2020 8 8 8 46 51 52 131 149 165 400,148 419,345 472,926 538,268 503,261 532,030 59,829 72,567 76,286 66,673 70,632 80,955 24,248.7 25,956.2 28,764.4 29,515.3 32,647.1 37,143.5 2 3 3 8,733 9,411 7,622 9,598 10,440 8,014 8,733 9,411 7,622 8,896 9,535 7,132 5 5 5 65,626 68,497 66,564 149,636 182,068 139,309 2021 8 52 174 535,240 556,739 110,969 131,064 30,905.4 48,059.5 3 7,400 7,424 7,400 6,471 5 95,762 167,914 Source: Maldives Monetary Authority 1/ This table is compiled based on information available as at 15 September 2022 in accordance with IMF's Financial Access Survey. Note: Number of deposit accounts or number of loan accounts counted refers to total number of every single corporate, individual and / or joint account, whilst number of depositors or number of borrowers counted refers to total number of corporate, individual, joint account holders who are counted as one depositor or borrower irrespective of the number of accounts held by the holders. Monthly Statistics - November 2022 | 44
49. Table 11 .1 Key Indicators of General Insurance Business, 2017 - 2022 ¹⁄ (millions of MVR) Premium Period Claims Reinsurance Gross written premium Net written premium Net earned premium Gross claims Net claims incurred Reinsurance business ceded (1) (2) (3) (4) (5) (6) Reinsurance recoveries (7) Ratio (%) Reinsurance Retention Insurance Net claim commission ratio ratio penetration 2/ (8) (9) (13) (10) (11) (12) Insurance density 2/ (USD) Profit (14) (15) 767.3 883.2 945.9 282.9 325.5 324.1 267.5 312.2 323.1 240.1 238.2 283.1 147.3 128.7 128.0 484.5 557.7 621.8 101.9 132.7 138.3 101.1 108.7 112.3 36.9 36.9 34.3 1.0 1.1 1.1 55.1 41.2 39.6 31.1 26.6 30.6 86.2 67.8 70.2 101.3 111.9 114.9 70.4 139.0 153.9 2020 2021 914.0 1,151.7 284.4 403.8 298.8 339.7 267.6 449.9 113.2 148.0 629.6 747.9 178.2 372.9 117.2 114.3 31.1 35.1 1.6 1.4 37.9 43.6 28.9 28.9 66.8 72.5 106.3 126.1 139.4 125.2 Reinsurance recoveries Reinsurance commission Retention ratio (7) (8) Period Claims Reinsurance Gross written premium Net written premium Net earned premium Gross claims Net claims incurred Reinsurance business ceded (1) (2) (3) (4) (5) (6) Ratio (%) Profit Net claim ratio Net expense ratio Net combined ratio (9) (10) (11) (12) (13) 2017 Q4 178.4 57.3 66.6 66.2 23.4 121.1 41.0 26.2 32.1 35.1 31.8 66.9 30.7 2018 Q1 Q2 Q3 Q4 308.6 192.7 154.1 227.8 103.9 91.0 62.4 68.2 75.6 77.9 79.5 79.2 39.3 70.9 70.8 57.2 21.3 28.7 41.3 37.5 204.6 101.7 91.8 159.6 27.1 41.8 31.8 32.0 26.7 27.1 25.6 29.2 33.7 47.2 40.5 29.9 28.1 36.8 51.9 47.3 27.0 22.6 23.1 33.8 55.2 59.4 75.0 81.1 42.3 44.2 29.0 23.4 2019 Q1 Q2 Q3 Q4 305.3 244.2 181.1 215.3 101.1 100.2 57.0 65.8 87.7 82.3 71.1 82.0 64.4 46.2 72.3 100.2 34.3 31.3 31.5 30.8 204.1 144.1 124.1 149.5 30.0 21.5 45.3 41.4 27.9 25.6 27.4 31.4 33.1 41.0 31.5 30.5 39.2 38.1 44.4 37.5 23.7 23.9 28.2 46.9 62.8 61.9 72.6 84.4 44.4 41.2 33.5 34.8 2020 Q1 Q2 Q3 Q4 314.7 218.0 156.2 225.1 96.3 66.5 57.6 64.0 84.6 74.5 69.8 69.9 65.7 59.5 60.6 81.8 26.6 23.4 37.4 25.9 218.4 151.5 98.6 161.0 38.0 39.9 49.3 50.9 36.0 25.9 26.9 28.4 30.6 30.5 36.9 28.4 31.4 31.4 53.6 37.1 21.2 33.5 30.2 32.0 52.6 64.8 83.7 69.1 62.0 28.0 21.5 27.9 2021 Q1 Q2 Q3 Q4 369.1 251.5 198.4 332.7 127.6 90.4 72.3 113.5 89.4 78.1 82.0 90.2 80.4 101.5 148.5 119.5 34.9 26.6 41.1 45.3 241.6 161.1 126.1 219.2 46.3 111.2 130.0 85.3 30.8 26.2 28.7 28.7 34.6 36.0 36.5 34.1 39.1 34.1 50.1 50.2 21.5 30.2 27.1 36.7 60.6 64.3 77.3 87.0 46.6 40.0 20.2 18.5 2022 Q1 Q2 Q3 391.1 349.7 284.4 150.9 132.6 120.9 118.6 109.9 120.9 176.7 195.3 120.8 40.4 81.4 85.2 240.3 217.1 163.4 104.5 80.5 79.1 34.8 31.2 26.4 38.6 37.9 42.5 34.0 74.1 70.5 22.1 25.4 34.9 56.2 99.5 105.4 74.9 27.2 4.1 Source: Maldives Monetary Authority 2/ Net combined ratio 2017 2018 2019 Premium 1/ Net expense ratio Figures are from unaudited quarterly returns submitted to the MMA. Please refer to the explanatory notes on insurance indicators at the end of this publication for more details. These are calculated from audited financial statements submitted to MMA. 45 | Monthly Statistics - November 2022
50. Table 11 .2 Insurance Premium and Claims by Class, 2017 - 2022 ¹⁄ (millions of MVR) Total gross written premium Period (1) Total gross claims Marine cargo Marine hull Fire Health Motor (18) (19) (20) (21) (22) Personal Public Engineering accident liability (23) (24) (25) Travel Miscellaneous (26) (27) (18) Marine cargo Marine hull Fire Health Motor (18) (19) (20) (21) (22) Personal Public Engineering accident liability (23) (24) (25) Travel Miscellaneous (26) (27) 2017 2018 2019 767.3 883.2 945.9 22.1 26.5 28.7 123.8 106.2 114.4 245.0 260.0 310.0 191.9 226.2 232.2 26.4 28.1 29.9 5.7 9.4 8.0 23.9 26.4 25.2 22.5 33.0 11.4 2.0 2.2 2.1 104.0 165.3 183.9 240.1 238.2 283.1 2.6 6.4 3.1 71.8 97.0 58.0 35.7 20.0 76.2 108.1 85.9 99.9 1.8 1.2 2.5 0.1 0.7 1.0 0.8 4.0 5.1 1.2 1.2 1.9 0.0 0.3 0.6 18.0 21.4 34.7 2020 2021 914.0 1,151.7 17.8 28.3 101.4 110.8 341.1 388.2 185.7 239.7 26.3 25.8 8.0 9.1 24.9 24.7 12.2 23.4 1.4 1.9 195.3 299.8 267.6 449.9 5.2 4.5 58.6 64.2 62.1 248.8 79.9 97.7 2.9 2.2 0.4 0.6 3.0 0.3 2.3 -0.0 0.5 0.3 52.7 31.3 2017 Q4 178.4 8.2 31.2 61.2 32.7 5.8 1.3 9.5 8.2 0.6 19.7 66.2 0.3 23.7 15.4 24.3 0.7 0.1 0.5 0.6 0.0 0.7 2018 Q1 Q2 Q3 Q4 308.6 192.7 154.1 227.8 7.9 5.6 5.7 7.3 35.4 21.5 19.3 29.9 104.5 50.5 32.5 72.4 65.6 69.7 41.0 49.9 8.7 6.1 5.7 7.6 3.6 2.8 1.4 1.6 10.4 4.9 2.7 8.5 5.2 3.3 14.1 10.3 0.7 0.5 0.5 0.4 66.6 27.7 31.2 39.8 39.3 70.9 70.8 57.2 0.6 0.9 4.7 0.2 11.6 36.1 28.8 20.6 7.9 6.4 1.7 4.0 17.9 20.9 22.9 24.2 0.3 0.3 0.2 0.5 0.0 0.0 0.2 0.5 0.0 0.1 3.9 0.1 0.4 0.3 0.1 0.4 0.0 0.0 0.2 0.0 0.6 5.9 8.2 6.8 2019 Q1 Q2 Q3 Q4 305.3 244.2 181.1 215.3 6.5 5.3 6.6 10.3 40.4 21.8 16.5 35.7 107.7 76.5 63.3 62.5 66.1 76.0 46.5 43.5 10.9 6.8 5.6 6.7 2.0 3.8 1.0 1.2 7.1 5.1 6.3 6.7 2.0 5.1 2.6 1.7 0.6 0.4 0.6 0.6 62.0 43.5 32.2 46.2 64.4 46.2 72.3 100.2 0.7 0.8 0.1 1.6 11.9 9.8 20.6 15.7 21.3 8.5 5.8 40.7 18.1 16.9 35.0 29.9 0.6 0.4 0.6 0.9 0.2 0.8 0.1 - 0.1 4.0 0.5 0.5 0.8 0.0 1.1 0.0 0.0 0.5 10.8 4.9 9.6 9.4 2020 Q1 Q2 Q3 Q4 314.7 218.0 156.2 225.1 6.9 2.6 3.4 4.9 33.0 18.9 15.6 33.9 114.6 87.3 57.8 81.3 66.6 55.8 28.7 34.5 11.5 3.2 5.4 6.3 3.0 3.0 1.1 0.9 7.1 4.2 5.7 7.9 3.3 1.2 3.3 4.4 0.5 0.1 0.2 0.6 68.3 41.7 35.0 50.3 65.7 59.5 60.6 81.8 0.2 0.4 1.0 3.6 12.6 14.9 10.1 21.0 15.9 14.7 15.4 16.1 26.3 12.6 17.6 23.3 0.7 0.6 0.5 1.0 0.2 0.2 0.5 0.7 0.0 1.8 0.2 0.1 2.0 0.0 0.1 0.0 0.4 9.3 15.6 15.6 12.3 2021 Q1 Q2 Q3 Q4 369.1 251.5 198.4 332.7 6.6 5.5 7.5 8.7 36.5 18.2 21.5 34.6 117.7 105.5 67.5 97.5 68.4 61.5 45.2 64.6 11.6 3.9 4.2 6.1 2.1 2.8 1.7 2.5 5.2 4.3 4.5 10.7 8.6 5.1 3.1 6.5 0.3 0.2 0.8 0.7 112.0 44.6 42.4 100.7 80.4 101.5 148.5 119.5 0.6 0.4 2.5 1.0 16.2 3.4 19.0 25.6 34.5 68.4 90.9 55.0 18.9 23.4 27.2 28.2 0.7 0.6 0.4 0.6 0.0 0.0 0.6 0.1 0.2 - 0.2 0.0 -0.2 0.0 0.1 0.1 0.1 9.1 5.3 8.1 8.8 2022 Q1 Q2 Q3 391.1 349.7 284.4 10.7 8.8 10.6 34.9 26.2 26.1 142.9 106.8 91.1 101.8 90.3 71.7 11.0 6.0 4.8 2.4 3.5 1.9 6.0 17.3 5.9 8.7 20.4 1.9 1.3 1.8 1.2 71.5 68.5 69.0 176.7 195.3 120.8 0.2 0.5 3.2 50.6 53.0 7.2 70.7 79.3 42.8 41.5 52.0 51.7 0.7 0.5 0.9 0.6 0.2 0.0 0.1 - 0.4 0.0 0.2 0.0 0.3 12.4 9.2 14.5 Source: Maldives Monetary Authority 1/ Figures are from unaudited quarterly returns submitted to the MMA. Please refer to the explanatory notes on insurance indicators at the end of this publication for more details. Monthly Statistics - November 2022 | 46
51. Table 11 .3 Assets and Liabilities of Insurance Corporations, 2016 - 2022 (Millions of MVR) Assets Liabilities Foreign assets o/w Prepaid premiums and outstanding claims: Nonresidents1/ Period (2+ (4 to 10)) (1) (3) (4) Deposits with ODC (5) Securities other than shares (6) Loans & advances (7) Shares & Other assets other equity (8) (9) Nonfinancial assets (10) Foreign liabilities (12 to 16) (11) Central govt. Insurance liabilities technical reserves Other liabilities Shares & other equity (12) (13) (14) (15) (16) 2016 2017 2018 950.0 1,148.4 1,440.1 241.4 281.9 366.8 174.0 209.0 247.0 12.0 12.0 12.0 129.8 174.2 227.2 172.1 181.7 232.1 225.6 211.5 273.0 20.3 75.8 70.9 84.4 108.2 144.8 64.4 103.2 113.3 950.0 1,148.4 1,440.1 97.3 127.2 184.0 17.5 22.3 33.9 358.0 420.7 495.6 155.5 214.4 286.9 321.7 363.7 439.7 2019 2020 2021 1,607.4 1,880.6 2,319.5 436.6 524.8 885.7 255.5 332.9 439.6 12.0 12.0 12.0 208.6 223.5 258.3 255.7 311.2 339.9 280.9 336.1 329.8 94.6 102.3 90.0 188.5 221.7 247.9 130.4 148.9 155.9 1,607.4 1,880.6 2,319.5 202.3 224.2 249.0 34.2 29.3 22.0 548.9 654.9 1,000.4 313.6 374.1 416.0 508.4 598.1 632.0 Nov-20 Dec-20 1,791.4 1,880.6 502.2 524.8 317.1 332.9 12.0 12.0 263.3 223.5 240.3 311.2 335.8 336.1 94.9 102.3 198.9 221.7 143.9 148.9 1,791.4 1,880.6 232.5 224.2 29.2 29.3 620.3 654.9 312.8 374.1 596.5 598.1 Jan-21 Feb-21 Mar-21 2,050.4 2,035.5 2,140.2 615.5 620.0 741.7 442.3 453.8 454.7 12.0 12.0 12.0 257.6 241.4 242.3 301.5 326.9 324.9 347.5 360.0 320.7 99.9 95.4 103.3 267.4 230.6 244.7 149.1 149.2 150.5 2,050.4 2,035.5 2,140.2 254.8 238.7 250.4 30.6 31.3 28.0 781.1 802.9 877.5 363.2 342.2 365.4 620.7 620.4 618.9 Apr-21 May-21 Jun-21 2,182.9 2,200.8 2,149.1 731.3 719.5 696.8 470.1 459.7 400.2 12.0 12.0 12.0 271.6 278.4 269.1 332.1 339.7 330.0 336.5 330.4 338.5 99.4 105.2 105.2 249.0 264.5 247.5 151.0 151.2 150.1 2,182.9 2,200.8 2,149.1 267.7 254.8 271.2 31.0 31.7 34.3 889.5 888.9 881.1 356.5 372.4 319.3 638.2 653.1 643.2 Jul-21 Aug-21 Sep-21 2,141.9 2,203.8 2,265.8 675.6 777.6 904.1 396.3 475.9 445.6 12.0 12.0 12.0 268.7 269.5 262.0 330.6 350.6 313.4 336.8 320.6 314.2 94.6 98.0 97.2 271.1 222.4 209.6 152.5 152.9 153.4 2,141.9 2,203.8 2,265.8 276.4 244.6 248.9 35.5 30.3 18.3 865.7 956.5 996.3 319.7 322.7 366.1 644.7 649.7 636.3 Oct-21 Nov-21 Dec-21 2,322.3 2,326.6 2,319.5 949.8 909.5 885.7 418.5 426.6 439.6 12.0 12.0 12.0 264.7 303.7 258.3 283.4 285.3 339.9 324.2 329.6 329.8 97.2 95.2 90.0 237.0 236.9 247.9 154.0 154.5 155.9 2,322.3 2,326.6 2,319.5 313.2 306.4 249.0 20.0 20.6 22.0 971.7 986.6 1,000.4 373.2 363.6 416.0 644.1 649.4 632.0 Jan-22 Feb-22 Mar-22 2,375.3 2,420.3 2,611.8 864.9 917.3 1,110.2 450.6 489.7 439.6 12.0 12.0 12.0 282.7 299.5 278.8 349.8 337.9 328.7 332.3 338.1 323.3 102.0 99.6 104.2 275.7 259.7 292.7 155.9 156.3 161.9 2,375.3 2,420.3 2,611.8 304.0 309.2 333.1 20.6 21.0 28.9 1,016.9 1,051.5 1,220.9 386.4 382.0 329.6 647.4 656.6 699.3 Apr-22 May-22 Jun-22 2,653.9 2,646.5 2,735.6 1,146.4 1,150.1 1,172.1 462.3 453.0 465.6 12.0 12.0 12.0 259.7 257.2 261.8 341.3 336.2 350.9 309.3 321.7 320.4 104.0 107.3 122.9 318.1 298.8 331.8 163.1 163.3 163.8 2,653.9 2,646.5 2,735.6 341.2 312.0 315.2 29.6 30.9 28.5 1,241.4 1,248.3 1,330.2 331.9 339.5 337.5 709.8 715.7 724.2 Jul-22 Aug-22 Sep-22 2,713.9 2,599.7 2,620.6 1,170.2 1,068.5 1,150.7 489.3 394.6 403.2 12.0 12.0 12.0 256.8 265.4 214.8 335.7 380.8 388.1 312.0 322.1 294.7 123.1 121.6 148.0 339.3 265.3 243.8 164.6 164.0 168.5 2,713.9 2,599.7 2,620.6 339.2 318.1 277.5 23.1 20.7 21.5 1,312.9 1,218.8 1,267.9 312.5 313.2 325.0 726.2 728.9 728.7 Oct-22 2,721.8 1,160.8 414.9 12.0 263.5 383.3 308.6 169.3 255.5 168.8 2,721.8 330.6 28.2 1,271.6 345.0 746.3 2020 2022 Source: Maldives Monetary Authority 1/ (2) Deposits with central bank This includes reinsurance. 47 | Monthly Statistics - November 2022
52. Table 12 Reserve Data Template , 2016 - 2022 ¹⁄ (Millions of USD) Official reserve assets Other foreign currency assets Foreign currency reserves Securities Currency and deposits Period IMF reserve position SDRs Other reserve assets (7) (8) (9) Banks Other national headquartered outside central reporting banks, BIS country and IMF (2+7+8+9) (3+4) (1) (2) 2016 2017 2018 467.3 587.3 712.2 456.5 576.5 702.1 2019 2020 2021 753.5 984.9 805.8 (5+6) (3) Predetermined short-term net drains Securities Deposits not included not included in official in official reserve reserve assets assets (11 to 13) (6) (10) Forwards, Loans, securities, futures, and swaps and deposits Other Other 2/ (15 to 17) (4) (5) (11) (12) (13) (14) (15) 10.0 44.9 20.1 446.5 531.5 682.0 77.6 73.7 111.7 368.9 457.8 570.3 6.4 6.8 6.7 4.3 4.0 3.4 - 138.6 94.2 47.3 138.6 94.2 47.3 0.0 0.0 0.0 744.1 975.3 796.4 73.7 104.8 156.9 670.3 870.5 639.5 57.6 48.5 47.1 612.7 822.0 592.4 6.6 6.9 6.7 2.8 2.7 2.7 - 2.5 42.5 11.7 2.5 2.1 1.7 (16) (17) - -372.4 -386.9 -531.6 -352.7 -363.6 -515.6 - -19.7 -23.2 -16.0 0.0 40.4 10.0 - -438.6 -811.9 -393.2 -410.6 -788.7 -332.7 - -28.0 -23.1 -60.5 2020 Nov-20 Dec-20 629.9 984.9 620.3 975.3 102.2 104.8 518.1 870.5 46.0 48.5 472.1 822.0 6.9 6.9 2.7 2.7 - 32.4 42.5 2.1 2.1 30.3 40.4 - -486.6 -811.9 -476.4 -788.7 - -10.2 -23.1 2021 Jan-21 Feb-21 Mar-21 830.7 855.7 844.7 821.0 846.1 835.2 114.8 113.3 118.6 706.2 732.8 716.7 47.0 46.8 45.9 659.2 686.0 670.8 6.9 6.9 6.8 2.7 2.7 2.7 - 42.2 42.1 42.0 1.9 1.8 1.6 40.3 40.3 40.4 - -680.9 -699.3 -666.9 -669.3 -676.6 -648.1 - -11.6 -22.6 -18.8 Apr-21 May-21 Jun-21 878.0 926.1 912.4 868.4 916.4 902.8 125.3 123.0 123.8 743.1 793.3 779.0 45.5 45.5 42.5 697.6 747.8 736.5 6.9 6.9 6.9 2.7 2.7 2.7 - 42.0 42.2 41.8 1.7 1.7 1.4 40.3 40.4 40.4 - -700.1 -647.5 -658.8 -671.2 -636.1 -634.0 - -28.9 -11.4 -24.8 Jul-21 Aug-21 Sep-21 857.1 874.3 1,016.7 847.6 835.8 978.7 136.2 136.7 148.3 711.4 699.1 830.4 67.1 44.4 43.5 644.2 654.7 786.9 6.8 6.8 6.8 2.7 31.6 31.3 - 42.0 42.0 42.0 1.7 1.7 1.7 40.3 40.3 40.3 - -652.1 -660.6 -643.0 -637.4 -633.0 -623.7 - -14.7 -27.6 -19.3 Oct-21 Nov-21 Dec-21 947.6 943.8 805.8 909.4 934.4 796.4 148.5 145.7 156.9 760.9 788.7 639.5 40.5 37.3 47.1 720.4 751.4 592.4 6.8 6.7 6.7 31.4 2.7 2.7 - 21.8 11.8 11.7 1.7 1.7 1.7 20.1 10.1 10.0 - -600.6 -584.3 -393.2 -570.5 -563.4 -332.7 - -30.1 -20.9 -60.5 Jan-22 Feb-22 Mar-22 753.4 766.2 865.2 744.0 756.9 855.9 180.7 210.0 213.7 563.3 546.9 642.2 35.3 31.7 40.8 528.1 515.3 601.4 6.7 6.7 6.6 2.6 2.6 2.6 - 12.0 12.0 12.0 1.9 1.9 1.9 10.1 10.1 10.1 - -382.2 -416.1 -460.5 -363.7 -360.3 -433.1 - -18.5 -55.8 -27.4 Apr-22 May-22 Jun-22 829.0 807.9 750.4 820.0 798.9 741.6 209.5 220.6 236.7 610.5 578.4 504.9 44.8 33.7 42.4 565.7 544.7 462.5 6.5 6.5 6.4 2.5 2.5 2.5 - 12.0 12.1 1.9 1.9 1.9 1.9 10.1 10.2 0.0 - -443.7 -438.1 -428.8 -396.4 -422.2 -372.2 - -47.3 -16.0 -56.6 Jul-22 Aug-22 Sep-22 728.2 658.0 540.3 719.3 649.3 531.8 237.9 236.2 232.3 481.4 413.1 299.5 89.0 35.1 37.1 392.5 378.0 262.5 6.4 6.3 6.1 2.5 2.4 2.3 - 1.6 1.9 1.9 1.6 1.9 1.9 0.0 0.0 0.0 - -446.2 -414.0 -346.8 -420.2 -372.1 -327.0 - -25.9 -41.8 -19.8 Oct-22 499.6 491.1 233.2 258.0 37.8 220.2 6.2 2.4 - 1.9 1.9 0.0 - -394.5 -363.8 - -30.6 2022 Source: Maldives Monetary Authority 1/ 2/ This table includes reserve data compiled as per the International Reserves and Foreign Currency Liquidity data template guideline by IMF (2013). It includes only on-balance sheet items of Maldives Monetary Authority. This includes net of repos, reverse repos, trade credit, accounts payable and accounts receivable. Note: The official reserve assets (column 1) plus predetermined short-term net drains (column 14) of this Template can be used as a proxy for the previously published usable reserves. Monthly Statistics - November 2022 | 48
53. Table 13 .1 Summary of Balance of Payments, 2017 - 2023 ¹⁄ (Millions of USD) Current account balance Balance on Balance on primary secondary Income income Balance on goods and services Period Balance on goods Balance on services Export (2+9+10) (1) (3+6) (2) (4-5) (3) (4) Import (5) Export (7-8) (6) (7) Capital account balance 4/ Net errors Financial account (excludes reserve and related and omission items) Direct Portfolio Other investment investment investment Overall Balance Reserve and related items Import (8) (9) (10) (11) (13 to 15) (12) (13) (14) (15) (18+12-11-1) (1+11-12+16) (16) (17) (18) 2017 2018 2019 -1,026.7 -1,502.5 -1,489.7 -182.3 -517.5 -348.3 -1,908.1 -2,424.9 -2,392.4 318.3 339.2 360.7 2,226.5 2,764.2 2,753.1 1,725.8 1,907.4 2,044.1 3,000.7 3,245.1 3,381.4 1,274.9 1,337.7 1,337.4 -375.6 -492.4 -559.8 -468.8 -492.6 -581.5 - -910.3 -1,835.1 -1,974.6 -457.8 -575.7 -961.0 -479.4 -103.4 -771.8 26.9 -1,156.1 -241.7 236.5 -207.2 -442.7 120.1 125.4 42.2 120.1 125.4 42.2 2020 2021 2022 -1,327.4 -425.5 -1,113.1 -662.1 485.8 -52.0 -1,450.7 -2,106.6 -2,851.0 257.6 285.4 384.8 1,708.3 2,392.0 3,235.8 788.6 2,592.4 2,799.0 1,528.9 3,699.4 4,213.5 740.3 1,107.0 1,414.5 -305.8 -487.8 -560.1 -359.5 -423.5 -501.0 - -1,403.3 -434.9 -987.5 -440.7 -615.1 -686.0 -68.6 -145.6 66.9 -894.0 325.8 -368.4 126.4 -188.3 -41.7 202.3 -178.8 -167.4 202.3 -178.8 -167.4 -1,010.1 54.7 -2,929.0 380.0 3,309.0 2,983.7 4,466.8 1,483.1 -605.9 -459.0 - -978.1 -741.2 2.9 -239.8 0.0 -32.1 -32.1 Balance on Balance on primary secondary Income income Capital account balance 2023 2/ 3/ y/y % change Period 2017 2018 2019 2020 2021 2022 2023 2/ 3/ Current account balance Balance on Balance on goods and goods services Export Import Balance on services (19) (20) (21) (22) (23) (24) 0.6 -46.3 0.9 -259.8 -183.9 32.7 -3.8 -27.1 1.3 24.3 6.6 6.3 6.3 24.2 -0.4 -3.5 10.5 7.2 10.9 67.9 -161.6 -90.1 173.4 -110.7 39.4 -45.2 -35.3 -28.6 10.8 34.8 -38.0 40.0 35.3 9.3 205.3 -2.7 -1.3 2.3 Export (25) Import Memorandum items (26) (27) (28) 3.8 8.1 4.2 15.5 4.9 -0.0 -6.4 -31.1 -13.7 25.4 -5.1 -18.0 -61.4 228.8 8.0 -54.8 142.0 13.9 -44.6 49.5 27.8 45.4 -59.5 -14.8 6.6 6.0 4.9 -8.2 (29) Financial Direct Portfolio Other account investment investment investment (excludes reserve and related items) Current account as a % of GDP (30) (31) (32) (33) (34) na na na -35.2 -101.6 -7.6 -0.3 -25.7 -66.9 -462.5 78.4 -646.6 107.7 {...} 79.1 -21.6 -28.4 -26.6 4,744.0 5,290.9 5,593.9 3,319.1 3,584.3 3,742.1 38.2 -17.8 -18.3 na na na 28.9 69.0 -127.0 54.1 -39.6 -11.5 91.1 -112.2 145.9 -269.8 136.4 -213.1 -35.6 -7.9 -18.0 3,733.4 5,389.0 6,176.5 1,786.5 3,984.8 4,598.3 8.4 na 1.0 -8.1 -95.6 34.9 -14.9 6,769.8 4,846.8 Source: Maldives Monetary Authority; Maldives Bureau of Statistics; Ministry of Finance 1/ This table is compiled based on information available as at 30 October 2022, in accordance with BPM6 methodologies. Please refer to the explanatory notes on external sector at the end of this publication for more details. Figures for 2022 are revised estimates. Figures for 2023 are projections based on information available as at 30 October 2022. 4/ Capital grants are included in secondary income account from 2016 onwards since total grants is not segregated. 5/ Figures for 2022 and 2023 are projections available as at 31 October 2022. 2/ 3/ 49 | Monthly Statistics - November 2022 Nominal GDP Exports of (millions of goods and services USD) 5/ (35) (36)
54. Table 13 .2 Current and Capital Accounts, 2017 - 2023 ¹⁄ (Millions of USD) Current account balance Balance on primary income Balance on goods and services Period Balance on goods Balance on services Export Import Domestic exports (2+15+17) (1) (3+8) (2) (4-7) (3) (5+6) (4) (5) (6) Import o/w Travel (7) (9-12) (8) (9) o/w Travel Transportation (10) (11) (12) Transportation Capital account balance 4/ o/w o/w Export Re-exports Balance on secondary income debit debit Investment income Workers remittance (13) (14) (15) (16) (17) (18) (19) 2017 2018 2019 -1,026.7 -1,502.5 -1,489.7 -182.3 -517.5 -348.3 -1,908.1 -2,424.9 -2,392.4 318.3 339.2 360.7 199.4 181.6 158.0 118.9 157.6 202.6 2,226.5 2,764.2 2,753.1 1,725.8 1,907.4 2,044.1 3,000.7 3,245.1 3,381.4 2,743.7 3,028.1 3,157.1 176.7 144.6 150.1 1,274.9 1,337.7 1,337.4 308.0 337.8 349.0 338.2 404.1 382.6 -375.6 -492.4 -559.8 389.2 511.0 580.4 -468.8 -492.6 -581.5 474.6 531.7 595.4 - 2020 2021 2022 -1,327.4 -425.5 -1,113.1 -662.1 485.8 -52.0 -1,450.7 -2,106.6 -2,851.0 257.6 285.4 384.8 162.8 151.3 158.5 94.8 134.1 226.4 1,708.3 2,392.0 3,235.8 788.6 2,592.4 2,799.0 1,528.9 3,699.4 4,213.5 1,397.9 3,508.4 4,003.4 84.2 138.2 147.4 740.3 1,107.0 1,414.5 111.6 168.4 294.9 211.3 344.3 379.0 -305.8 -487.8 -560.1 320.1 499.6 592.2 -359.5 -423.5 -501.0 395.9 495.7 556.6 - -1,010.1 54.7 -2,929.0 380.0 162.9 217.1 3,309.0 2,983.7 4,466.8 4,233.9 161.1 1,483.1 317.2 389.1 -605.9 636.9 -459.0 598.7 - Domestic exports Re-exports Transportation Balance on Investment Balance on Workers primary income secondary remittance income income Capital account balance 2023 2/ 3/ y/y % change Period 2017 2018 2019 2020 2021 2022 2023 2/ 3/ Current account balance Balance on Balance on goods and goods services Export Import Balance on services (20) (21) (22) (23) (24) (25) (26) (27) 0.6 -46.3 0.9 -259.8 -183.9 32.7 -3.8 -27.1 1.3 24.3 6.6 6.3 42.9 -8.9 -13.0 2.0 32.5 28.6 6.3 24.2 -0.4 -3.5 10.5 7.2 10.9 67.9 -161.6 -90.1 173.4 -110.7 39.4 -45.2 -35.3 -28.6 10.8 34.8 3.0 -7.1 4.8 -53.2 41.4 68.8 -38.0 40.0 35.3 9.3 205.3 -2.7 -1.3 2.8 -4.1 2.3 Export (28) Travel Transportation Import (29) (30) (31) 3.8 8.1 4.2 9.5 10.4 4.3 -35.3 -18.1 3.8 15.5 4.9 -0.0 -61.4 228.8 8.0 -54.8 142.0 13.9 -55.7 151.0 14.1 -43.9 64.1 6.7 6.6 6.0 5.8 9.3 Travel (32) (33) (34) (35) (36) (37) (38) 8.3 9.7 3.3 42.2 19.5 -5.3 -6.4 -31.1 -13.7 6.6 31.3 13.6 25.4 -5.1 -18.0 26.4 12.0 12.0 na na na -44.6 49.5 27.8 -68.0 50.8 75.1 -44.8 63.0 10.1 45.4 -59.5 -14.8 -44.9 56.1 18.5 38.2 -17.8 -18.3 -33.5 25.2 12.3 na na na 4.9 7.6 2.7 -8.2 7.5 8.4 7.6 na Source: Maldives Monetary Authority 1/ This table is compiled based on information available as at 30 October 2022, in accordance with BPM6 methodologies. Please refer to the explanatory notes on external sector at the end of this publication for more details. Figures for 2022 are revised estimates. Figures for 2023 are projections based on information available as at 30 October 2022. 4/ Capital grants are included in secondary income account from 2016 onwards since total grants is not segregated. 2/ 3/ Monthly Statistics - November 2022 | 50
55. Table 13 .3 Financial Account, 2017 - 2023 ¹⁄ (Millions of USD) Financial account (excludes reserve and related items) Direct investment Portfolio investment Net acquisition of financial assets Period Net incurrence of liabilities Net acquisition of financial assets Equity and investment fund shares o/w Equity and investment fund shares Equity other Reinvestmen than t of earnings reinvestment of earnings (2+8+17) (1) (3-4) (2) (3) (4) (6+7) (5) (6) (7) (9-12) (8) (10+11) (9) (10) Net incurrence of liabilities Equity and investment fund shares Debt Instruments (11) (13+14) (12) Debt Instruments o/w General government Other sectors (13) (14) (15) (16) 2017 2018 2019 -910.3 -1,835.1 -1,974.6 -457.8 -575.7 -961.0 - 457.8 575.7 961.0 457.8 575.7 961.0 345.8 449.3 780.2 112.0 126.4 180.8 -479.4 -103.4 -771.8 -22.5 2.9 6.7 2.5 1.4 4.2 -25.0 1.5 2.4 456.9 106.3 778.5 -0.8 31.8 -30.4 457.7 74.4 808.9 250.0 95.0 - 207.7 -20.5 808.9 2020 2021 2022 -1,403.3 -434.9 -987.5 -440.7 -615.1 -686.0 - 440.7 615.1 686.0 440.7 615.1 686.0 343.8 452.6 508.3 96.9 162.5 177.7 -68.6 -145.6 66.9 20.2 0.0 8.9 2.3 0.0 - 17.9 0.0 8.9 88.9 145.7 -58.0 111.6 -9.8 - -22.7 155.5 -58.0 307.0 -58.0 -22.7 -151.5 - -978.1 -741.2 - 741.2 741.2 546.7 194.5 2.9 2.9 - 2.9 Net Net Equity and Equity other Reinvestmen acquisition incurrence of investment than t of earnings of financial liabilities fund shares reinvestment assets of earnings Portfolio investment Net acquisition of financial assets 2023 2/ 3/ - - - - - y/y % change Financial account (excludes reserve and related items) Direct investment (30) (31) 2017 2018 2019 -35.2 -101.6 -7.6 -0.3 -25.7 -66.9 2020 2021 2022 28.9 69.0 -127.0 1.0 Period 2023 2/ 3/ (32) Equity and investment fund shares Debt Net Equity and Instruments incurrence of investment liabilities fund shares Debt General Instruments government (33) (34) (35) (36) (37) (38) (39) (40) (41) (42) (43) (44) (45) na na na 0.3 25.7 66.9 0.3 25.7 66.9 10.1 29.9 73.6 -21.5 12.8 43.1 -462.5 78.4 -646.6 -541.1 112.9 130.0 {...} -45.5 210.4 -590.2 106.1 58.2 459.3 -76.7 632.6 -13.0 {...} -195.6 462.0 -83.7 986.7 na -62.0 -100.0 264.3 -109.9 {...} 54.1 -39.6 -11.5 na na na -54.1 39.6 11.5 -54.1 39.6 11.5 -55.9 31.6 12.3 -46.4 67.7 9.3 91.1 -112.2 145.9 204.0 -99.8 {...} -45.9 -99.1 -100.0 642.2 -99.9 {...} -88.6 63.9 -139.8 466.9 -108.8 100.0 -102.8 783.8 -137.3 na na -118.9 -102.8 -566.4 100.0 -8.1 na 8.1 8.1 7.6 9.5 -95.6 -67.2 na -67.2 100.0 na 100.0 100.0 na Source: Maldives Monetary Authority 1/ 2/ 3/ This table is compiled based on information available as at 30 October 2022, in accordance with BPM6 methodologies. Please refer to the explanatory notes on external sector at the end of this publication for more details. Figures for 2022 are revised estimates. Figures for 2023 are projections based on information available as at 30 October 2022. 51 | Monthly Statistics - November 2022 Other sectors
56. Table 13 .3 Financial Account, 2017 - 2023 (contd.)¹⁄ (Millions of USD) Reserve and related items Financial account (excludes reserve and related items) Other investment Net acquisition of financial assets Net incurrence of liabilities o/w Debt Instruments Period o/w Debt Instruments o/w Central bank (18-23) (17) (18) (19) 2017 2018 2019 26.9 -1,156.1 -241.7 73.0 -196.3 244.2 2020 2021 2022 -894.0 325.8 -368.4 -239.8 2023 2/ 3/ Period Other investment Deposittaking corporations Central bank Deposittaking corporations General Government (25) (26) (27) (28) (29) Other sectors (25 to 28) (24) Other sectors (20) (21) (22) (23) 73.0 -196.3 244.2 -0.1 0.1 -0.1 -15.6 -63.1 92.5 88.8 -133.3 151.7 46.1 959.8 485.9 46.1 959.8 485.9 -97.4 97.0 -85.8 20.3 3.2 16.0 31.3 159.3 105.6 91.9 700.2 450.1 120.1 125.4 42.2 -28.4 248.6 -136.5 -28.4 248.6 -136.5 -0.0 - -45.1 391.2 -145.2 16.7 -142.6 8.6 865.6 -77.2 231.9 865.6 -105.6 231.9 396.3 -388.4 79.4 250.8 80.8 -81.1 148.2 133.4 156.6 70.3 68.6 77.1 202.3 -178.8 -167.4 -3.0 -3.0 45.3 -48.3 236.9 236.9 -127.5 37.7 187.0 139.8 -32.1 Net acquisition of financial assets Debt Instruments Central bank Deposittaking corporations Debt Other sectors Net incurrence of liabilities Instruments Central bank Deposittaking corporations General Government Other sectors Reserve and related items - (46) (47) (48) (49) (50) (51) (52) (53) (54) (55) (56) (57) (58) 2017 2018 2019 107.7 {...} 79.1 83.2 -368.9 224.4 83.2 -368.9 224.4 -192.9 188.4 -207.1 67.4 -303.2 246.7 1.3 -250.2 213.8 -88.1 {...} -49.4 -88.1 {...} -49.4 -201.3 199.6 -188.4 -63.8 -84.1 393.6 -72.8 408.9 -33.7 -24.3 661.5 -35.7 225.4 4.4 -66.3 2020 2021 2022 -269.8 136.4 -213.1 -111.6 976.2 -154.9 -111.6 976.2 -154.9 98.6 100.0 na -148.7 967.7 -137.1 -89.0 -953.1 106.1 78.1 -108.9 400.4 78.1 -112.2 319.6 562.0 -198.0 120.4 {...} -67.8 -200.3 40.3 -10.0 17.4 -84.4 -2.4 12.3 379.1 -188.4 6.4 34.9 97.8 97.8 na 131.2 -659.3 2.1 2.1 -260.7 146.5 19.4 81.4 80.9 2023 2/ 3/ Monthly Statistics - November 2022 | 52
57. Table 14 .1 Imports and Exports, 2016 - 2022 (Millions of USD) Total imports c.i.f. Pvt. imports Period (2 to 4) (1) (2) y/y % change Total exports f.o.b. Public Imports Public enterprises (3) Domestic exports f.o.b. Govt. (4) Pvt. exports (6+9) (5) (7+8) (6) (7) Pvt. imports (8) (10) (11) (12) (13) (14) (15) (16) (17) (18) o/w Jet fuel (9) Public enterprises Total exports f.o.b. Domestic Re-exports exports f.o.b. Jet fuel Total imports c.i.f. Re-exports Public exports Memorandum Items Crude Oil average prices (U.S. Dollars per Barrel) 1/ 2016 2017 2018 2,125.4 2,360.4 2,959.8 1,570.3 1,819.7 2,191.9 408.9 465.4 557.6 146.1 75.3 210.3 256.2 318.3 339.2 139.6 199.4 181.6 96.4 116.1 108.1 43.2 83.3 73.6 116.6 118.9 157.6 58.5 83.0 108.1 12.1 11.1 25.4 13.4 15.9 20.5 -7.3 13.8 19.8 6.8 24.3 6.6 -3.2 42.9 -8.9 21.9 2.0 32.5 -19.9 41.9 30.2 42.8 52.8 68.3 2019 2020 2021 2,887.5 1,837.9 2,573.1 2,303.1 1,398.2 1,895.1 511.4 390.0 601.9 73.0 49.7 76.1 360.7 285.7 285.3 158.0 162.8 151.3 97.9 92.1 67.4 60.1 70.7 83.9 202.6 122.9 134.1 134.9 50.3 99.5 -2.4 -36.4 40.0 5.1 -39.3 35.5 -8.3 -23.7 54.3 6.3 -20.8 -0.1 -13.0 3.0 -7.1 28.6 -39.4 9.1 24.8 -62.7 97.8 61.4 41.3 69.1 2020 Nov-20 Dec-20 135.3 164.0 99.2 133.2 28.6 24.5 7.5 6.2 18.1 34.3 11.4 25.7 9.3 10.9 2.1 14.8 6.7 8.6 3.9 6.6 -49.3 -40.2 -53.1 -43.3 -39.5 -33.6 -45.5 -13.1 -25.5 188.1 -62.5 -71.7 -68.3 -55.3 42.3 48.7 2021 Jan-21 Feb-21 Mar-21 180.9 179.4 223.1 135.6 134.5 164.4 38.1 38.6 48.4 7.1 6.3 10.4 26.5 19.1 27.5 11.1 11.3 12.8 7.3 6.5 6.3 3.8 4.9 6.5 15.4 7.7 14.7 10.7 5.6 9.4 -24.9 -20.4 10.6 -27.6 -22.2 8.4 -20.7 -23.2 3.2 -34.2 -31.2 23.8 -31.2 -16.4 5.8 -36.2 -45.3 45.2 -34.4 -54.1 39.7 53.6 60.5 63.8 Apr-21 May-21 Jun-21 189.2 190.9 191.9 149.5 133.4 139.3 37.1 46.9 48.2 2.6 10.6 4.3 19.8 28.6 15.1 9.0 19.0 10.0 3.4 2.3 4.6 5.6 16.7 5.5 10.8 9.6 5.1 8.7 5.2 3.5 62.7 91.2 42.0 71.5 94.4 41.2 41.3 68.5 54.5 27.8 149.3 1.0 -37.1 131.6 -7.2 806.8 194.1 22.4 {...} {...} 364.8 63.0 66.4 71.8 Jul-21 Aug-21 Sep-21 178.2 213.0 225.6 133.3 161.5 146.0 40.4 45.6 73.9 4.4 5.9 5.7 16.3 27.6 19.1 10.6 16.1 11.2 5.8 6.5 5.6 4.8 9.6 5.6 5.7 11.5 7.9 4.0 9.6 6.4 44.8 53.6 80.1 49.1 49.0 49.4 38.1 60.8 218.5 47.3 -36.6 -25.4 15.9 11.1 33.6 194.8 -60.4 -54.0 414.1 {...} 379.2 73.3 68.9 72.8 Oct-21 Nov-21 Dec-21 247.1 261.7 292.0 182.9 194.3 220.3 53.2 65.8 65.7 11.0 1.5 6.1 24.6 28.6 32.6 14.3 11.5 14.4 6.2 5.5 7.4 8.1 5.9 7.1 10.4 17.1 18.2 8.2 12.9 15.0 87.0 93.4 78.1 76.1 95.8 65.3 108.3 130.1 167.6 17.5 57.7 -5.0 -23.5 0.7 -43.8 349.5 154.2 110.0 516.7 232.9 128.1 82.1 79.9 72.9 Jan-22 Feb-22 Mar-22 268.2 245.9 255.2 198.1 183.0 180.0 56.9 61.1 73.5 13.2 1.7 1.7 45.8 34.3 34.5 19.9 15.6 14.9 10.1 6.3 6.4 9.7 9.3 8.5 26.0 18.7 19.6 18.5 15.2 15.5 48.3 37.1 14.4 46.0 36.1 9.5 49.3 58.4 52.1 73.1 79.7 25.7 78.7 37.3 16.8 69.1 141.7 33.4 72.4 169.2 64.0 83.9 93.5 112.4 Apr-22 May-22 Jun-22 306.5 286.4 339.1 186.4 198.8 203.6 119.5 82.9 127.5 0.6 4.6 7.9 30.8 27.6 31.1 12.2 13.6 16.0 9.5 5.0 5.7 2.7 8.6 10.3 18.7 14.0 15.1 14.5 10.0 11.9 62.0 50.0 76.7 24.7 49.0 46.2 222.3 76.8 164.4 55.5 -3.3 105.1 35.1 -28.3 59.0 72.5 46.4 195.8 65.7 91.2 234.0 103.4 110.1 116.8 Jul-22 Aug-22 Sep-22 276.2 313.6 286.6 196.5 205.8 195.6 78.6 101.3 88.5 1.1 6.5 2.6 23.5 29.5 26.1 5.3 8.4 10.7 3.2 4.4 6.1 2.2 4.0 4.7 18.2 21.1 15.3 15.7 19.2 13.6 55.0 47.2 27.0 47.4 27.5 34.0 94.3 122.0 19.7 44.0 7.1 36.2 -49.6 -47.7 -4.2 216.9 83.7 93.0 289.8 98.7 112.4 105.1 96.0 88.2 2022 2021 2022 Oct-22 276.7 214.2 59.7 2.7 39.1 12.2 9.9 2.3 26.9 16.4 11.9 17.1 12.3 58.9 -14.5 160.0 100.8 90.3 Jan - Oct Jan - Oct 2,019.4 2,854.4 1,480.5 1,962.1 470.4 849.6 68.4 42.6 224.2 322.4 125.4 128.8 54.5 66.5 70.9 62.3 98.8 193.6 71.6 150.4 31.2 41.4 27.0 32.5 39.6 80.6 -3.9 43.8 -0.3 2.7 -8.1 95.9 79.6 110.1 67.6 100.0 Source: Maldives Customs Service; Maldives Airports Company Limited; Gan International Airport; Maamigili International Airport; The World Bank 1/ This is an average of Brent, Dubai and WTI crude oil prices. 53 | Monthly Statistics - November 2022
58. Table 14 .2 Composition of Exports, 2016 - 2022 (Millions of USD) Total exports f.o.b. y/y % change Domestic exports Fish exports Period Fresh, Fresh, Canned or chilled or chilled or pouched frozen tuna frozen fish (excluding tuna) (2 + 10) (1) (3+8+9) (2) (4 to 7) (3) (4) Garments Fish products, & other Processed sea food, exports fish, nes marine product nes & live fish Re-exports Total exports f.o.b. Domestic exports Fish exports Fresh, Fresh, chilled or chilled or frozen tuna frozen fish (excluding tuna) Canned or pouched Processed Re-exports fish, nes (5) (6) (7) (8) (9) (10) (11) (12) (13) (14) (15) (16) (17) (18) 2016 2017 2018 256.2 318.3 339.2 139.6 199.4 181.6 134.8 193.1 173.8 106.6 158.2 123.0 4.4 4.5 4.9 15.4 23.8 40.5 8.4 6.6 5.5 2.2 1.4 1.2 2.6 4.8 6.6 116.6 118.9 157.6 6.8 24.3 6.6 -3.2 42.9 -8.9 -1.8 43.3 -10.0 -1.9 48.4 -22.2 -9.5 2.0 7.1 11.1 54.8 70.1 -15.3 -20.8 -17.6 21.9 2.0 32.5 2019 2020 2021 360.7 285.7 285.3 158.0 162.8 151.3 150.1 155.2 139.9 106.8 111.7 101.8 3.2 2.1 1.7 35.1 34.8 32.1 5.1 6.6 4.3 1.4 1.0 1.2 6.5 6.7 10.2 202.6 122.9 134.1 6.3 -20.8 -0.1 -13.0 3.0 -7.1 -13.6 3.4 -9.8 -13.2 4.6 -8.8 -34.0 -35.8 -16.4 -13.4 -0.6 -7.8 -7.3 31.2 -35.2 28.6 -39.4 9.1 2020 Nov-20 Dec-20 18.1 34.3 11.4 25.7 10.6 24.4 6.4 21.6 0.3 0.2 3.1 1.9 0.8 0.6 0.1 0.1 0.7 1.1 6.7 8.6 -45.5 -13.1 -25.5 188.1 -28.8 189.5 -48.4 274.1 11.4 42.1 79.2 -7.4 54.6 56.4 -62.5 -71.7 2021 Jan-21 Feb-21 Mar-21 26.5 19.1 27.5 11.1 11.3 12.8 9.8 10.3 11.6 6.4 7.3 8.0 0.2 0.2 0.2 2.5 2.5 2.8 0.6 0.4 0.5 0.1 0.1 0.1 1.2 0.9 1.1 15.4 7.7 14.7 -34.2 -31.2 23.8 -31.2 -16.4 5.8 -36.6 -21.0 -0.5 -48.6 -27.4 12.7 32.0 -7.9 7.2 9.6 -3.5 -26.8 40.1 36.5 12.1 -36.2 -45.3 45.2 Apr-21 May-21 Jun-21 19.8 28.6 15.1 9.0 19.0 10.0 7.9 18.5 9.3 5.8 15.8 5.9 0.0 0.0 0.2 1.7 2.5 2.8 0.3 0.2 0.4 0.1 0.0 0.2 1.0 0.5 0.5 10.8 9.6 5.1 27.8 149.3 1.0 -37.1 131.6 -7.2 -44.0 139.5 -10.2 -48.5 201.7 2.6 -6.3 -10.4 41.3 -16.3 7.5 -30.9 -55.4 8.1 3.2 806.8 194.1 22.4 Jul-21 Aug-21 Sep-21 16.3 27.6 19.1 10.6 16.1 11.2 9.8 15.0 10.2 6.3 11.7 7.6 0.1 0.2 0.2 3.0 2.7 2.3 0.4 0.3 0.2 0.1 0.1 0.1 0.7 1.0 0.9 5.7 11.5 7.9 47.3 -36.6 -25.4 15.9 11.1 33.6 15.9 8.1 30.1 52.7 21.7 103.5 -27.6 12.4 -26.4 -14.3 -15.2 -28.7 -40.8 -58.9 -74.2 194.8 -60.4 -54.0 Oct-21 Nov-21 Dec-21 24.6 28.6 32.6 14.3 11.5 14.4 13.6 10.6 13.4 10.2 7.1 9.7 0.1 0.1 0.2 3.0 3.2 3.0 0.3 0.2 0.4 0.1 0.1 0.2 0.6 0.8 0.9 10.4 17.1 18.2 17.5 57.7 -5.0 -23.5 0.7 -43.8 -23.7 0.3 -45.2 -29.0 11.3 -55.0 -54.6 -61.4 -18.0 12.1 3.4 56.6 -47.6 -76.1 -31.0 349.5 154.2 110.0 Jan-22 Feb-22 Mar-22 45.8 34.3 34.5 19.9 15.6 14.9 18.4 14.2 13.8 14.5 10.9 10.6 0.2 0.2 0.2 3.4 2.8 2.6 0.4 0.3 0.4 0.1 0.1 0.2 1.4 1.3 0.9 26.0 18.7 19.6 73.1 79.7 25.7 78.7 37.3 16.8 88.5 37.5 19.0 124.8 49.7 33.2 -28.1 6.9 -25.1 35.2 14.8 -8.9 -35.5 -30.2 -26.6 69.1 141.7 33.4 Apr-22 May-22 Jun-22 30.8 27.6 31.1 12.2 13.6 16.0 10.9 12.5 15.1 9.0 8.9 11.3 0.0 0.0 0.2 1.7 3.6 3.5 0.2 0.0 0.1 0.1 0.1 0.1 1.2 1.0 0.8 18.7 14.0 15.1 55.5 -3.3 105.1 35.1 -28.3 59.0 38.4 -32.2 61.7 55.3 -43.9 89.8 -59.6 {...} 16.8 -0.4 46.8 22.5 -48.5 -88.4 -62.0 72.5 46.4 195.8 Jul-22 Aug-22 Sep-22 23.5 29.5 26.1 5.3 8.4 10.7 4.5 7.3 10.0 1.8 3.9 7.5 0.0 0.1 0.1 2.6 3.1 2.1 0.2 0.2 0.2 0.1 0.1 0.1 0.7 1.1 0.7 18.2 21.1 15.3 44.0 7.1 36.2 -49.6 -47.7 -4.2 -54.0 -51.2 -2.6 -72.1 -66.9 -0.5 -60.5 -44.4 -35.8 -14.4 13.9 -8.2 -62.6 -44.0 15.6 216.9 83.7 93.0 2022 2021 2022 Oct-22 39.1 12.2 11.3 7.9 0.1 2.9 0.4 0.3 0.6 26.9 58.9 -14.5 -16.3 -22.2 -10.0 -3.2 52.0 160.0 Jan - Oct Jan - Oct 224.2 322.4 125.4 128.8 115.9 118.0 85.0 86.2 1.4 1.1 25.9 28.3 3.7 2.4 1.0 1.1 8.5 9.6 98.8 193.6 -3.9 43.8 -0.3 2.7 -3.6 1.8 1.5 1.5 -7.2 -21.1 -13.2 9.4 -29.4 -35.3 -8.1 95.9 Source: Maldives Customs Service; Maldives Airports Company Limited; Gan International Airport; Maamigili International Airport Monthly Statistics - November 2022 | 54
59. Table 14 .3 Composition of Imports, 2016 - 2022 (Millions of USD) Total imports c.i.f. Food items o/w Price Vegetables, administered rootcrops & staples spices Period (2+9+10+11 +15+16+17+ 18+19) (1) (2) Fruit, nuts & seeds Meat, fish & seafood Dairy & eggs Beverages & confectioneries Furniture, Electronic & fixtures & electrical fittings appliances (9) Petroleum products 1/ o/w Petrol Diesel (marine gas oil) Transport Wood, metal, Machinery, Electrical, Other items equipment & cement & mechanical electronic parts aggregates appliances & machinery, Aviation parts, nes equipment & gas parts, nes (3) (4) (5) (6) (7) (8) (10) (11) (12) (13) (14) (15) (16) (17) (18) (19) 2016 2017 2018 2,125.4 2,360.4 2,959.8 429.6 462.4 495.6 34.9 33.8 30.9 56.9 65.6 73.8 51.0 57.1 61.9 84.3 92.6 98.0 57.8 55.5 63.0 89.3 94.7 99.3 99.7 89.4 138.1 61.2 67.2 75.2 247.3 314.3 452.4 26.3 37.4 51.0 193.1 234.4 350.0 11.2 22.2 27.2 188.7 167.8 214.0 286.4 355.8 482.4 203.7 205.2 261.3 114.6 135.8 149.2 494.2 562.5 691.5 2019 2020 2021 2,887.5 1,837.9 2,573.1 546.1 380.8 572.8 29.9 30.8 26.6 83.0 61.6 77.0 70.2 45.5 74.0 108.6 56.9 104.4 69.3 50.4 78.6 112.5 79.1 126.4 159.1 77.5 87.1 88.1 61.2 66.9 465.1 264.1 453.6 59.1 27.9 52.0 353.0 206.9 359.7 27.7 12.5 16.8 243.3 87.7 176.3 426.2 229.9 236.1 186.3 127.9 184.9 150.1 114.9 147.8 623.2 494.1 647.5 2020 Nov-20 Dec-20 135.3 164.0 28.6 45.3 1.7 3.2 4.2 7.0 3.8 5.8 4.6 9.2 4.0 5.4 6.6 9.6 5.1 5.5 4.6 5.6 20.4 16.7 3.0 3.4 14.2 11.6 0.8 0.8 9.9 7.9 11.3 13.3 9.5 10.7 10.7 8.3 35.2 50.5 2021 Jan-21 Feb-21 Mar-21 180.9 179.4 223.1 45.4 44.6 55.1 2.3 1.7 1.7 6.3 6.5 7.3 5.5 6.0 7.9 8.7 7.9 8.8 7.5 6.3 8.7 9.9 10.4 11.8 5.6 6.9 6.4 5.1 4.5 6.7 33.9 30.3 37.9 4.3 4.3 3.0 25.6 23.4 32.5 1.5 0.8 1.3 9.4 8.1 15.8 14.4 15.2 14.2 12.7 12.1 14.7 7.8 12.8 13.1 46.5 44.9 59.2 Apr-21 May-21 Jun-21 189.2 190.9 191.9 53.5 42.2 36.8 2.7 3.0 1.7 6.9 5.0 4.6 7.9 5.2 4.7 8.4 8.2 5.7 8.9 5.1 5.3 11.3 9.1 9.0 5.3 5.7 4.9 6.8 5.6 5.4 29.0 34.5 38.3 2.4 2.7 3.0 23.7 26.9 32.0 0.0 3.2 1.1 10.1 9.5 14.2 17.1 15.0 15.8 12.4 11.8 12.5 7.9 10.3 11.3 47.0 56.3 52.6 Jul-21 Aug-21 Sep-21 178.2 213.0 225.6 36.8 42.8 39.1 1.6 1.3 1.6 5.5 5.8 5.4 4.5 5.3 4.9 6.4 6.6 6.9 5.3 6.9 5.0 8.2 10.0 8.7 5.4 6.3 9.4 4.5 4.3 4.6 28.8 34.9 47.3 4.6 4.5 7.9 21.6 28.5 33.9 1.0 0.1 3.7 10.3 19.1 19.0 14.9 25.1 22.2 18.2 14.5 16.3 11.2 15.0 19.3 48.1 51.1 48.5 Oct-21 Nov-21 Dec-21 247.1 261.7 292.0 52.5 58.5 65.3 4.4 2.4 2.2 7.1 7.7 8.9 6.6 7.5 8.1 8.5 13.2 15.1 6.4 6.8 6.6 11.4 12.5 14.0 8.8 10.8 11.5 6.2 6.2 6.9 42.9 39.5 56.4 4.4 3.5 7.4 35.7 30.4 45.5 0.0 3.9 0.2 15.6 26.6 18.7 21.8 28.7 31.6 21.5 19.9 18.4 11.0 10.8 17.3 66.8 60.7 65.9 Jan-22 Feb-22 Mar-22 268.2 245.9 255.2 55.5 53.4 59.7 2.0 1.4 2.3 7.7 7.2 8.6 7.3 8.7 9.3 10.3 11.7 9.1 7.4 6.3 9.0 11.7 11.1 12.3 12.2 9.3 9.9 6.1 5.4 8.5 47.6 59.7 51.6 6.0 9.1 6.6 37.7 47.3 40.6 3.3 0.1 2.9 18.9 15.3 18.5 23.9 24.2 21.9 25.5 13.8 18.0 15.3 13.0 9.1 63.1 51.8 57.9 Apr-22 May-22 Jun-22 306.5 286.4 339.1 56.8 59.6 52.5 3.4 2.6 2.5 7.5 6.9 7.2 8.9 6.9 6.3 11.2 12.8 9.3 7.1 8.0 7.0 11.3 12.6 12.4 7.8 7.2 8.2 7.7 5.1 5.1 107.2 69.5 88.0 11.9 12.1 6.0 91.9 45.9 77.9 10.2 0.0 16.3 23.7 21.6 26.4 26.8 32.5 16.4 19.6 36.6 14.6 16.1 26.0 53.4 58.8 68.5 Jul-22 Aug-22 Sep-22 276.2 313.6 286.6 49.1 55.4 53.9 1.9 3.1 2.2 6.6 7.2 6.9 5.8 6.1 5.7 10.7 12.0 10.7 6.4 7.3 7.5 10.3 11.5 11.7 8.2 9.5 8.9 6.2 4.4 5.7 62.0 84.6 63.9 4.0 7.9 7.8 55.5 57.8 54.5 0.2 14.9 - 19.2 19.7 17.3 38.2 34.8 44.2 18.5 21.7 15.5 15.9 21.7 19.3 58.9 61.9 57.9 2022 2021 2022 Oct-22 276.7 60.3 1.5 8.1 7.0 14.6 6.6 12.5 7.9 6.0 56.4 6.6 40.0 5.6 16.1 33.5 18.3 19.4 58.7 Jan - Oct Jan - Oct 2,019.4 2,854.4 449.0 556.1 22.1 22.8 60.4 73.9 58.5 72.0 76.1 112.2 65.3 72.7 99.8 117.3 64.8 89.2 53.8 60.3 357.8 690.4 41.1 78.1 283.8 548.9 12.7 37.1 131.0 186.6 175.8 306.4 146.6 204.0 119.6 170.4 520.9 590.9 Source: Maldives Customs Service 1/ Due to the amendments in Export Import Act 31/79, duty on petroleum products were reinstated from 1st April 2015. Hence import of petroleum products from April 2015 onwards include only the total value of petroleum products sold locally. 55 | Monthly Statistics - November 2022
60. y /y % change Total imports Food items c.i.f. Period (20) (21) Furniture, fixtures & fittings Electronic & electrical appliances Petroleum products Petrol Diesel (marine gas oil) Aviation gas Transport Wood, metal, Machinery, Electrical, equipments cement & mechanical electronic & parts aggregates appliances & machinery, parts, nes equipments & parts, nes Other items (22) (23) (24) (25) (26) (27) (28) (29) (30) (31) (32) 2016 2017 2018 12.1 11.1 25.4 5.8 7.6 7.2 49.4 -10.4 54.5 13.8 9.8 11.9 -13.3 27.1 43.9 1.3 42.0 36.5 -7.2 21.4 49.3 -67.1 99.0 22.6 0.0 -11.1 27.5 18.8 24.2 35.6 67.0 0.7 27.4 15.2 18.4 9.9 14.0 13.8 22.9 2019 2020 2021 -2.4 -36.4 40.0 10.2 -30.3 50.4 15.2 -51.3 12.4 17.1 -30.6 9.4 2.8 -43.2 71.8 15.8 -52.8 86.3 0.8 -41.4 73.8 1.7 -55.0 34.9 13.7 -64.0 101.1 -11.7 -46.1 2.7 -28.7 -31.4 44.6 0.6 -23.5 28.6 -9.9 -20.7 31.1 2020 Nov-20 Dec-20 -49.3 -40.2 -35.1 -19.1 -60.8 -51.0 -44.0 -42.2 -44.2 -53.1 -37.4 -56.8 -44.2 -53.2 -67.8 -31.0 -78.7 -69.1 -67.7 -71.0 -41.4 -35.3 -34.7 -36.6 -30.5 -16.0 2021 Jan-21 Feb-21 Mar-21 -24.9 -20.4 10.6 -15.0 -3.2 20.3 -49.5 -37.0 13.3 -22.8 -52.2 -13.0 -16.8 -31.6 39.5 31.7 -49.4 -4.7 -24.9 -21.3 68.9 -45.2 -75.8 -61.9 -49.3 -31.8 78.4 -51.1 -42.4 -54.4 -8.2 -30.5 -18.1 -40.5 17.8 87.0 -14.0 -6.7 17.4 Apr-21 May-21 Jun-21 62.7 91.2 42.0 78.9 67.9 85.5 42.3 35.6 -52.9 89.6 64.8 14.2 51.6 373.9 173.1 104.6 na na 43.8 334.5 144.8 na na 918.3 264.6 144.1 192.1 -14.4 34.7 -24.6 146.1 78.0 54.7 85.4 68.0 4.6 68.9 75.8 27.5 Jul-21 Aug-21 Sep-21 44.8 53.6 80.1 120.9 84.1 74.7 44.2 -2.9 66.6 -2.4 31.7 -1.1 24.3 118.0 247.2 236.7 139.9 {...} 11.3 133.9 170.0 21.8 -69.6 {...} 168.8 317.7 309.4 2.1 27.9 54.2 155.2 22.3 60.5 42.4 -5.6 76.7 16.0 35.4 24.7 Oct-21 Nov-21 Dec-21 87.0 93.4 78.1 117.0 104.7 44.0 77.6 113.8 109.3 121.6 34.0 22.3 100.0 93.3 237.0 113.5 17.3 120.5 98.2 113.6 290.8 -84.8 425.8 -76.1 153.9 167.5 137.0 25.4 153.3 136.8 122.4 110.1 71.8 22.3 1.1 107.5 82.7 72.5 30.5 Jan-22 Feb-22 Mar-22 48.3 37.1 14.4 22.2 19.7 8.3 119.8 34.8 53.7 18.9 20.2 25.8 40.4 96.7 36.4 40.0 111.5 121.6 47.0 101.7 24.9 118.0 -89.1 123.0 102.1 89.8 17.1 65.6 58.5 54.0 101.1 14.7 22.8 96.4 1.7 -30.0 35.6 15.4 -2.2 Apr-22 May-22 Jun-22 62.0 50.0 76.7 6.0 41.2 42.5 48.2 26.3 66.2 12.3 -8.8 -5.4 269.5 101.8 129.7 394.0 343.1 99.1 287.1 70.9 143.7 -100.0 217.5 -100.0 60.8 149.8 52.4 53.9 78.7 105.4 32.3 65.2 193.2 85.6 55.4 131.1 13.6 4.5 30.3 Jul-22 Aug-22 Sep-22 55.0 47.2 27.0 33.3 29.3 37.8 50.5 52.0 -5.1 37.0 1.8 25.4 115.4 142.3 35.1 -11.3 73.8 -1.0 157.0 102.6 60.6 -78.9 {...} -100.0 86.1 3.0 -8.6 156.0 38.8 99.6 1.7 49.7 -4.9 42.5 44.2 0.0 22.6 21.3 19.2 Oct-22 11.9 14.7 -11.0 -2.3 31.3 49.4 12.1 {...} 3.2 54.1 -14.6 75.7 -12.0 Jan - Oct Jan - Oct 31.2 41.4 46.3 23.8 -3.2 37.7 5.7 12.0 57.7 93.0 90.5 89.8 56.8 93.4 16.3 192.0 87.6 42.5 -14.3 74.3 36.2 39.2 24.9 42.5 27.6 13.4 2022 2021 2022 Monthly Statistics - November 2022 | 56
61. Table 14 .4 Direction of Trade - Exports, 2016 - 2022 (Millions of USD) y/y % change Domestic exports f.o.b o/w Asia Period (1) (2) Europe Oceania North America o/w Sri Lanka Thailand France Italy Great Britain Germany Domestic United exports f.o.b. States Asia Europe North Sri Lanka America Thailand France Italy Great Britain Germany United States (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (13) (14) (15) (16) (17) (18) (19) (20) (21) (22) (23) 2016 2017 2018 139.6 199.4 181.6 72.6 118.1 90.9 53.7 65.9 73.7 0.6 0.7 0.5 12.6 14.6 16.1 14.2 7.5 6.2 48.0 97.0 65.9 12.3 13.9 13.4 6.9 5.8 7.9 5.8 11.4 16.8 12.2 14.3 23.1 12.4 13.9 15.0 -3.2 42.9 -8.9 5.2 62.6 -23.1 -9.7 22.6 11.9 -17.0 15.5 10.6 -17.7 -47.1 -17.5 31.1 101.9 -32.1 -18.9 13.2 -3.6 -14.9 -16.1 37.6 -30.4 97.4 47.1 21.6 17.7 60.9 -15.7 12.4 8.2 2019 2020 2021 158.0 162.8 151.3 80.0 91.5 93.1 62.3 57.6 46.5 0.4 0.8 0.0 15.1 12.1 6.0 5.1 4.6 2.3 57.6 70.9 70.2 15.0 13.1 6.2 6.0 6.9 3.2 11.3 11.7 10.3 18.6 15.8 17.3 13.9 8.6 4.4 -13.0 3.0 -7.1 -11.9 14.3 1.7 -15.4 -7.6 -19.2 -6.5 -19.4 -50.7 -17.5 -9.5 -49.4 -12.6 23.2 -1.1 12.1 -13.0 -52.8 -24.5 14.4 -53.5 -32.5 3.0 -11.9 -19.3 -15.4 9.7 -7.5 -38.2 -48.7 2020 Nov-20 Dec-20 11.4 25.7 3.9 20.5 5.9 3.8 - 1.4 0.8 0.5 0.4 1.8 18.1 2.0 0.7 1.1 0.5 0.8 0.8 1.0 1.2 1.1 0.6 -25.5 188.1 -59.2 409.8 25.7 0.9 54.4 -12.0 -24.1 111.9 -77.4 538.1 29.3 -3.8 110.0 16.1 9.3 48.8 14.2 -7.7 21.3 -26.4 2021 Jan-21 Feb-21 Mar-21 11.1 11.3 12.8 5.5 6.3 8.2 3.9 3.4 3.3 0.0 0.0 1.4 1.0 1.1 0.3 0.2 0.2 3.0 4.4 5.0 0.8 0.6 0.5 0.3 0.2 0.2 1.0 0.3 0.7 1.2 1.7 1.0 0.8 0.8 1.0 -31.2 -16.4 5.8 -48.3 -8.5 28.9 -10.9 -37.2 -27.5 19.7 -16.7 0.3 -27.5 -1.0 12.0 -67.0 -21.3 15.8 -24.7 -58.8 -53.4 -39.4 -66.2 7.9 6.4 -70.2 -24.6 1.4 28.7 -36.3 -29.9 -20.9 7.8 Apr-21 May-21 Jun-21 9.0 19.0 10.0 6.5 16.2 5.8 1.8 2.6 3.5 0.0 0.0 - 0.7 0.2 0.5 0.1 0.1 0.2 5.1 15.2 3.0 0.2 0.1 0.3 0.0 0.0 0.2 0.7 0.9 0.7 0.4 1.1 1.6 0.5 0.2 0.4 -37.1 131.6 -7.2 -31.7 260.3 34.9 -49.4 -8.3 -27.6 -46.0 -63.9 -60.2 -73.0 -0.6 -35.8 -40.3 307.3 -4.9 -71.3 -79.0 -26.6 -29.8 -98.2 -87.4 138.5 112.6 -39.7 -79.2 -7.9 40.6 0.2 -53.2 -52.4 Jul-21 Aug-21 Sep-21 10.6 16.1 11.2 5.6 10.4 6.0 4.6 4.7 4.1 0.0 0.2 0.2 0.5 0.3 0.3 0.1 4.0 8.5 4.6 0.4 0.6 0.6 0.4 0.4 0.5 1.0 1.1 1.0 1.7 1.1 1.2 0.2 0.2 0.2 15.9 11.1 33.6 115.3 28.3 252.0 -16.2 -16.3 -34.9 -85.0 -69.3 20.4 -51.5 -54.1 -84.1 {...} 41.3 {...} -58.3 -42.3 -58.6 -28.8 -57.5 -18.6 -26.7 -21.2 -44.5 50.6 -28.1 -22.1 -78.7 -62.0 -31.0 Oct-21 Nov-21 Dec-21 14.3 11.5 14.4 9.2 5.6 7.9 4.7 4.7 5.2 - 0.1 0.1 0.1 0.2 0.1 0.3 7.9 4.3 5.4 0.9 0.7 0.5 0.3 0.4 0.4 0.6 1.3 1.0 2.3 1.6 2.4 0.1 0.1 0.1 -23.5 0.7 -43.8 -26.8 42.5 -61.4 -2.1 -21.6 36.7 -95.1 -93.5 -84.1 -46.6 -80.7 -40.2 -27.4 134.9 -70.3 -39.1 -65.5 -34.8 -54.2 -67.2 -11.7 -28.7 73.4 26.5 105.0 57.7 103.6 -92.7 -91.9 -79.7 Jan-22 Feb-22 Mar-22 19.9 15.6 14.9 13.2 10.1 9.2 5.0 4.5 3.9 - 0.2 0.4 0.4 0.3 0.1 0.1 10.6 8.0 7.3 0.5 0.5 0.5 0.4 0.4 0.3 1.9 1.2 1.6 1.2 1.2 0.7 0.2 0.4 0.3 78.7 37.3 16.8 141.1 60.1 12.3 26.9 31.3 17.8 -83.6 -57.5 -61.3 -1.0 -61.5 -39.7 256.9 84.6 47.1 -29.2 -8.9 -9.8 44.8 113.0 90.6 94.0 288.9 137.5 0.7 -28.9 -30.5 -71.5 -51.2 -69.6 Apr-22 May-22 Jun-22 12.2 13.6 16.0 9.0 9.1 10.8 2.9 4.3 4.8 - 0.1 0.2 0.2 0.1 0.0 0.1 7.4 7.9 9.6 0.4 0.6 0.5 0.5 0.1 0.2 0.4 1.3 1.3 0.8 1.2 1.5 0.1 0.1 0.1 35.1 -28.3 59.0 38.3 -43.6 86.4 61.6 63.1 37.1 -91.7 -29.4 -45.0 -6.4 -48.2 -64.2 45.4 -48.2 220.5 46.3 310.4 49.6 {...} {...} 42.3 -42.3 48.2 92.2 120.0 7.2 -4.3 -89.2 -41.2 -65.5 Jul-22 Aug-22 Sep-22 5.3 8.4 10.7 1.1 1.9 6.8 3.2 4.0 3.5 - 0.1 0.1 0.3 0.1 0.1 0.1 0.0 0.4 5.5 0.3 0.4 0.5 0.1 0.1 0.2 1.1 1.3 0.7 1.4 1.8 1.2 0.1 0.1 0.2 -49.6 -47.7 -4.2 -80.7 -81.7 13.6 -31.1 -15.0 -13.3 -56.9 -71.6 -42.5 -78.2 -66.3 16.4 -98.9 -95.4 18.3 -41.8 -31.1 -8.5 -87.0 -71.7 -65.3 9.4 9.0 -27.8 -21.3 67.9 -1.7 -56.9 -59.4 -6.7 2022 2021 2022 Oct-22 12.2 6.6 4.1 - 0.2 0.1 4.8 0.6 0.2 1.0 1.5 0.2 -14.5 -28.5 -13.6 208.1 -54.3 -38.8 -25.8 -16.9 58.6 -31.6 234.1 Jan - Oct Jan - Oct 125.4 128.8 79.6 77.8 36.6 40.1 0.0 - 5.8 2.1 2.0 1.1 60.5 61.5 5.0 4.8 2.4 2.5 8.0 11.7 13.3 12.6 4.2 1.7 -0.3 2.7 18.7 -2.2 -23.4 9.4 -42.0 -63.0 -46.6 -47.1 18.5 1.7 -51.6 -5.3 -54.1 2.3 -21.3 47.1 -2.1 -5.3 -39.4 -59.2 Source: Maldives Customs Service 57 | Monthly Statistics - November 2022
62. Table 14 .5 Direction of Trade - Imports, 2016 - 2022 (Millions of USD) Total Imports c.i.f. Period Asia (2 to 7) (1) (2) y/y % change Europe Oceania North America South Africa America (3) (4) (5) (6) (7) o/w China India (8) (9) Malaysia Singapore Sri Lanka United Arab Emirates Total Imports c.i.f. Asia Europe North America China India Malaysia Singapore Sri Lanka United Arab Emirates (10) (11) (12) (13) (14) (15) (16) (17) (18) (19) (20) (21) (22) (23) 2016 2017 2018 2,125.4 2,360.4 2,959.8 1,738.7 1,915.2 2,394.6 242.5 270.5 390.5 48.1 65.2 66.3 58.0 71.8 69.3 18.0 20.2 17.8 20.0 17.5 21.3 285.6 280.6 488.1 275.5 287.6 286.6 120.9 174.0 232.2 305.4 318.3 369.0 134.1 154.5 165.3 333.4 434.3 536.5 12.1 11.1 25.4 13.7 10.2 25.0 4.6 11.5 44.4 8.5 23.7 -3.5 93.9 -1.7 74.0 21.6 4.4 -0.3 -14.8 43.9 33.5 -6.1 4.2 15.9 0.7 15.2 7.0 5.2 30.2 23.6 2019 2020 2021 2,887.5 1,837.9 2,573.1 2,329.3 1,527.4 2,104.5 351.0 188.6 276.3 78.5 45.1 59.0 86.4 50.6 91.5 17.0 10.6 19.6 25.2 15.7 22.1 469.4 267.6 323.6 290.3 241.9 318.0 191.5 138.9 134.6 354.5 200.7 261.8 165.4 117.0 142.1 543.4 228.3 333.2 -2.4 -36.4 40.0 -2.7 -34.4 37.8 -10.1 -46.3 46.5 24.7 -41.5 81.0 -3.8 -43.0 20.9 1.3 -16.7 31.5 -17.5 -27.5 -3.1 -3.9 -43.4 30.5 0.1 -29.2 21.4 1.3 -58.0 46.0 2020 Nov-20 Dec-20 135.3 164.0 110.2 136.6 12.2 17.1 3.0 4.4 7.9 4.0 1.1 0.9 1.0 1.0 17.4 26.4 15.3 22.3 9.9 9.6 15.8 15.2 9.8 12.0 14.3 27.0 -49.3 -40.2 -44.0 -40.3 -73.9 -37.8 -41.9 -33.6 -56.5 -46.1 -53.4 -18.2 -25.7 -66.9 -25.4 -41.0 -28.4 -39.5 -73.3 -36.3 2021 Jan-21 Feb-21 Mar-21 180.9 179.4 223.1 151.9 151.9 181.5 18.3 17.2 24.7 3.2 3.5 4.5 4.7 4.4 9.5 1.4 1.3 1.4 1.2 1.2 1.6 23.6 23.4 24.2 20.3 19.9 28.5 14.1 9.0 12.1 16.4 19.7 26.5 11.1 10.4 11.8 25.0 26.5 26.8 -24.9 -20.4 10.6 -22.1 -19.1 9.3 -29.7 -26.0 17.5 -37.7 -24.5 45.8 -44.0 -24.0 64.3 -13.9 -28.1 8.6 -40.2 -59.6 -40.2 -21.8 -13.9 1.5 -20.7 -26.6 -9.3 -47.7 12.3 -6.6 Apr-21 May-21 Jun-21 189.2 190.9 191.9 153.6 155.1 154.1 20.3 22.6 24.4 6.2 4.5 3.4 5.0 4.6 6.2 2.5 2.2 1.8 1.6 1.9 2.1 13.4 22.7 25.5 25.9 28.3 20.8 9.5 7.5 7.6 20.3 16.5 23.0 10.4 9.6 9.8 28.9 24.4 21.2 62.7 91.2 42.0 61.7 89.8 39.4 51.7 73.5 79.9 186.4 154.9 139.6 12.1 41.6 3.4 59.2 70.5 0.8 56.9 49.2 -12.8 59.4 44.3 57.2 41.4 36.4 30.3 27.9 115.8 119.7 Jul-21 Aug-21 Sep-21 178.2 213.0 225.6 144.4 173.6 189.2 20.4 20.7 20.4 4.0 5.3 4.9 6.5 11.7 8.4 1.5 0.7 0.9 1.5 1.1 1.8 28.1 29.7 28.2 21.3 30.7 28.0 6.7 13.0 10.6 22.6 18.4 20.6 10.7 16.6 11.0 18.2 30.1 27.2 44.8 53.6 80.1 32.5 48.7 81.8 137.2 43.8 39.6 143.1 239.7 123.7 72.9 6.4 25.8 12.5 61.7 56.6 -13.0 30.5 22.6 46.9 11.2 45.0 25.4 119.4 34.1 110.0 189.4 149.2 Oct-21 Nov-21 Dec-21 247.1 261.7 292.0 203.3 209.9 236.0 25.3 29.9 32.0 5.5 5.8 8.4 7.5 11.7 11.3 1.0 2.4 2.6 4.4 2.0 1.9 28.4 39.1 37.4 31.8 29.8 32.8 12.8 15.2 16.5 25.0 25.2 27.7 13.5 13.1 13.9 28.5 30.1 46.4 87.0 93.4 78.1 77.2 90.6 72.7 122.8 146.0 87.2 173.8 48.0 184.4 67.0 124.7 41.7 80.5 95.3 46.9 75.6 53.6 72.8 68.7 58.9 82.2 77.1 33.5 15.3 112.3 110.3 71.8 Jan-22 Feb-22 Mar-22 268.2 245.9 255.2 230.0 204.3 211.2 21.3 21.9 24.8 4.9 4.7 6.4 8.5 8.2 9.2 1.3 3.2 1.5 2.2 3.5 2.2 52.8 28.6 23.2 32.8 31.5 35.2 12.4 10.0 15.4 30.1 20.1 19.8 11.0 13.9 13.3 31.1 41.4 40.9 48.3 37.1 14.4 51.4 34.5 16.4 16.3 27.5 0.3 79.1 86.4 -3.1 123.8 22.2 -4.2 62.0 58.9 23.7 -11.9 10.6 27.6 83.6 2.4 -25.3 -0.9 33.1 12.7 24.5 56.2 52.6 Apr-22 May-22 Jun-22 306.5 286.4 339.1 265.3 233.6 276.2 21.6 25.5 40.6 5.1 5.2 4.6 9.9 7.2 13.0 2.3 5.1 2.4 2.3 9.8 2.2 22.5 28.6 36.3 42.2 42.1 40.6 23.5 20.3 27.8 17.6 25.2 26.6 13.3 13.0 14.7 47.7 27.7 28.2 62.0 50.0 76.7 72.7 50.6 79.3 6.7 12.6 66.4 97.9 56.5 110.3 68.5 25.9 42.4 63.0 48.5 95.3 147.6 169.1 267.8 -13.6 52.1 15.8 27.1 35.1 49.3 65.0 13.4 33.1 Jul-22 Aug-22 Sep-22 276.2 313.6 286.6 241.1 263.7 245.0 19.6 26.9 24.8 5.4 9.0 4.7 5.5 8.6 6.7 2.6 3.1 3.0 1.9 2.3 2.4 31.8 32.9 34.1 45.0 46.5 40.2 16.5 21.9 21.4 22.1 26.1 25.5 14.4 13.4 13.2 35.7 30.3 28.5 55.0 47.2 27.0 67.0 51.9 29.5 -3.5 29.7 21.2 -15.2 -26.4 -20.1 13.0 10.8 20.6 111.0 51.2 43.5 144.5 68.5 102.8 -2.3 41.8 23.9 34.1 -19.2 19.6 96.6 0.7 4.7 2022 2021 2022 Oct-22 276.7 231.5 23.8 6.3 7.7 3.4 4.0 30.1 44.2 23.8 33.2 11.2 31.8 11.9 13.9 -6.1 1.8 5.9 38.9 86.3 32.5 -17.4 11.7 Jan - Oct Jan - Oct 2,019.4 2,854.4 1,658.6 2,402.0 214.4 250.9 44.9 56.2 68.6 84.5 14.6 27.8 18.2 32.9 247.1 320.7 255.5 400.3 102.8 193.0 209.0 246.1 115.2 131.4 256.7 343.2 31.2 41.4 29.5 44.8 34.6 17.0 77.2 23.2 10.4 29.8 25.0 56.7 -13.9 87.7 23.2 17.8 21.0 14.1 37.3 33.7 Source: Maldives Customs Service Monthly Statistics - November 2022 | 58
63. Table 15 External Debt and Debt Service , 2015 - 2021 ¹⁄ (Millions of USD) Total external debt outstanding 2/ Central government debt disbursed and debt service Other depository corporations 4/ Central government and publicly guaranteed external debt Central government external debt Period Debt Multilateral securities 3/ ( 2 + 10 ) (1) (2) ( 4 to 8 ) (3) Loans Bilateral Commercial Bank Buyers credit Publicly guaranteed external debt (4) (5) (6) (7) (8) (9) Disbursements Debt service 5/ Loans ow/ ( 11 + 12 ) (10) Head offices & branches Non resident ODC (11) (12) (13) ( 15 + 16 ) (14) Total external debt outstanding External debt outstanding as a % of GDP 6/ Central Central Publicly government government guaranteed and publicly guaranteed Principal repayments Interest payments (15) (16) (17) (18) (19) (20) Other depository corporations (21) 2015 2016 2017 726.2 995.1 1,253.1 692.2 910.2 1,145.0 663.7 772.2 1,094.5 250.0 268.6 254.5 277.2 170.9 151.0 133.6 24.5 18.6 12.7 199.7 348.1 420.9 28.5 137.9 50.5 34.0 84.9 108.1 34.0 75.6 61.9 9.3 46.2 55.9 197.0 354.0 72.0 77.5 87.8 62.3 67.9 68.1 9.7 9.6 19.7 17.7 22.8 26.4 16.9 20.9 24.1 16.2 17.7 23.1 0.7 3.2 1.1 0.8 1.9 2.3 2018 2019 2020 2,076.2 2,365.0 3,216.7 2,006.8 2,261.3 2,857.9 1,335.3 1,433.7 1,619.8 350.0 350.0 350.0 290.4 316.6 412.4 137.4 171.7 242.5 6.9 1.0 - 550.6 594.5 614.9 671.5 827.6 1,238.1 69.4 103.7 358.8 28.8 58.9 312.4 40.6 44.8 46.4 330.6 166.7 200.5 103.2 100.9 88.0 69.7 61.1 52.8 33.5 39.8 35.2 39.2 42.3 86.1 37.9 40.4 76.5 25.2 25.6 43.3 12.7 14.8 33.1 1.3 1.9 9.6 2021 3,335.0 2,924.0 2,047.7 658.0 418.0 226.6 - 745.1 876.3 411.0 305.3 95.6 686.2 284.0 245.8 38.2 61.9 54.3 38.0 16.3 7.6 Period Total external debt outstanding Other Publicly depository guaranteed external debt corporations Head offices & branches Non resident ODC Memorandum items y/y % change Central Central government government and publicly external debt guaranteed external debt Debt securities (22) (23) (24) (25) 2015 2016 2017 -2.4 37.0 25.9 -0.8 31.5 25.8 -4.9 16.3 41.7 na na na 2018 2019 2020 65.7 13.9 36.0 75.3 12.7 26.4 22.0 7.4 13.0 2021 3.7 2.3 26.4 Multilateral Bilateral (26) Commercial Bank Buyers credit Central government debt disbursed and debt service Disbursements Debt service Principal repayments Interest payments (36) (37) (38) Exchange rate ( 14 / 40 ) (41) (29) (30) (31) (32) (33) (34) (35) -8.2 -5.3 8.9 -10.1 -11.6 -11.5 -23.2 -24.0 -31.6 8.9 74.3 20.9 na 384.0 -63.4 -26.4 149.7 27.3 31.4 122.3 -18.1 -100.0 na 395.0 15.9 252.5 79.7 -6.2 7.7 13.2 -3.6 8.9 0.3 -19.9 -0.5 104.5 4,095.1 4,364.5 4,744.0 15.41 15.35 15.41 3,145.1 3,147.6 3,319.1 2.3 2.5 2.6 40.0 - 4.8 9.0 30.3 2.9 24.9 41.3 -46.2 -85.7 -100.0 30.8 8.0 3.4 {...} 23.2 49.6 -35.8 49.5 246.0 -53.5 104.8 430.0 -12.1 10.3 3.7 -6.6 -49.6 20.3 17.6 -2.3 -12.7 2.5 -12.4 -13.5 70.1 18.7 -11.5 5,290.9 5,595.6 3,736.9 15.41 15.38 15.41 3,584.3 3,742.1 1,786.5 2.9 2.7 4.9 88.0 1.4 -6.6 na 21.2 -29.2 14.5 -2.3 105.9 242.2 222.7 365.4 8.6 5,389.0 15.39 3,984.8 7.1 Figures represent data available as at 28 March 2022. This includes external debt of central government, publicly guaranteed external debt (from 2015 onward) and external debt of other depository corporations (commercial banks). This refers to government sovereign bond issued to international market. 4/ This refers to resident commercial banks foreign borrowings. 5/ This refers to debt securities and loan disbursements. 2/ 3/ Note: For the years prior to 2015, total external debt outstanding (1) and central government and publicly guaranteed external debt (2) have been calculated excluding publicly guaranteed external debt. (40) Debt service ratio (central government) (28) Source: Ministry of Finance, Maldives Monetary Authority, Maldives Bureau of Statistics. (39) Exports of goods and services (27) 1/ 59 | Monthly Statistics - November 2022 Nominal GDP at market prices (millions of USD)
64. Table 16 . Exchange Rates, 2016 - 2022 (MVR per foreign currency; mid rate; end of period) Currency US dollar Sterling pound (1) (2) Period Euro (3) Japanese yen (4) Singapore dollar Indian rupee (5) (6) Sri lankan rupee (7) Malaysian ringgit (8) Memorandum Items Thai baht Chinese yuan (9) (10) Swiss franc Australian UAE dirham Indonesian Hongkong dollar rupiah dollar (11) (12) (13) (14) (15) MVR/SDR (end of period) USD/SDR (end of period) (16) (17) MVR/USD (average) 1/ (18) 2016 2017 2018 15.3500 15.4100 15.4100 18.7847 20.4903 19.4030 15.9899 18.1140 17.4211 0.1313 0.1358 0.1392 10.4518 11.4203 11.1910 0.2260 0.2392 0.2193 0.1029 0.1043 0.0869 3.4011 3.7486 3.6804 0.4519 0.4777 0.4792 2.2010 2.3367 2.2237 14.6535 15.7696 15.7832 10.9793 11.7902 10.6715 4.1669 4.1549 4.1553 0.0012 0.0011 0.0011 2.0218 1.9466 1.9402 20.6355 21.9458 21.4321 1.3443 1.4241 1.3908 15.3690 15.3875 15.3928 2019 2020 2021 15.3800 15.4100 15.3900 20.0371 20.6816 20.6091 17.0659 18.7141 17.2788 0.1406 0.1485 0.1334 11.3321 11.5446 11.3140 0.2147 0.2090 0.2056 0.0876 0.0845 0.0784 3.7135 3.7829 3.6645 0.5174 0.5196 0.4662 2.1902 2.3445 2.4014 15.9771 17.5978 16.9748 10.6010 11.5776 11.0017 4.1548 4.1548 4.1549 0.0011 0.0011 0.0011 1.9507 1.9597 1.9483 21.2679 22.1946 21.5397 1.3828 1.4403 1.3996 15.3825 15.3813 15.3754 2020 Nov-20 Dec-20 15.3600 15.4100 20.3617 20.6816 18.2292 18.7141 0.1477 0.1485 11.4359 11.5446 0.2074 0.2090 0.0858 0.0845 3.7548 3.7829 0.5151 0.5196 2.3230 2.3445 17.1927 17.5978 11.1976 11.5776 4.1548 4.1548 0.0011 0.0011 1.9602 1.9597 21.9662 22.1946 1.4301 1.4403 15.3877 15.3913 2021 Jan-21 Feb-21 Mar-21 15.4200 15.3300 15.3500 20.9382 21.2767 20.9555 18.4847 18.3920 17.8311 0.1466 0.1440 0.1384 11.5064 11.4831 11.3455 0.2103 0.2074 0.2089 0.0833 0.0817 0.0799 3.7805 3.7693 3.6787 0.5222 0.5117 0.4969 2.3796 2.3622 2.3294 17.4467 17.1019 16.4587 11.5798 11.6753 11.5208 4.1548 4.1548 4.1548 0.0011 0.0011 0.0011 1.9596 1.9587 1.9540 22.2171 22.0640 21.7542 1.4408 1.4393 1.4172 15.3690 15.3757 15.3932 Apr-21 May-21 Jun-21 15.3400 15.3000 15.3200 21.2871 21.6785 21.1529 18.4712 18.5839 18.1282 0.1412 0.1399 0.1389 11.5411 11.5638 11.3712 0.2066 0.2118 0.2064 0.0815 0.0801 0.0797 3.7252 3.6920 3.6786 0.4990 0.4994 0.4864 2.3634 2.4041 2.3688 17.0756 17.2884 16.8671 11.7948 11.7073 11.3982 4.1548 4.1548 4.1548 0.0011 0.0011 0.0011 1.9572 1.9575 1.9567 22.0281 22.1035 21.8528 1.4360 1.4447 1.4264 15.3540 15.3590 15.3690 Jul-21 Aug-21 Sep-21 15.4200 15.4100 15.4000 21.1047 21.0205 20.5384 17.9784 17.9848 17.6790 0.1393 0.1397 0.1372 11.2632 11.3687 11.2433 0.2063 0.2089 0.2062 0.0797 0.0796 0.0795 3.6138 3.6764 3.6497 0.4744 0.4816 0.4602 2.3623 2.3645 2.3649 16.9647 16.9555 16.6466 11.1782 11.0503 10.9165 4.1548 4.1548 4.1548 0.0011 0.0011 0.0011 1.9537 1.9513 1.9511 22.0316 21.9478 21.6966 1.4288 1.4243 1.4089 15.3758 15.3606 15.3743 Oct-21 Nov-21 Dec-21 15.4100 15.4100 15.3900 20.8924 20.3468 20.6091 17.6105 17.2125 17.2788 0.1346 0.1349 0.1334 11.3358 11.1808 11.3140 0.2046 0.2045 0.2056 0.0791 0.0784 0.0784 3.6906 3.6130 3.6645 0.4684 0.4634 0.4662 2.3878 2.4004 2.4014 16.9637 16.8434 16.9748 11.3965 10.8369 11.0017 4.1550 4.1549 4.1549 0.0011 0.0011 0.0011 1.9531 1.9479 1.9483 21.8110 21.5863 21.5397 1.4154 1.4008 1.3996 15.3919 15.3893 15.3926 Jan-22 Feb-22 Mar-22 15.4200 15.4000 15.3700 20.4805 20.3944 20.0331 17.0001 16.9803 17.0077 0.1329 0.1329 0.1256 11.2819 11.2450 11.3023 0.2043 0.2042 0.2022 0.0787 0.0786 0.0538 3.6492 3.6384 3.6353 0.4666 0.4759 0.4678 2.4046 2.4227 2.4090 16.6822 16.7606 16.8104 10.6248 10.8648 11.3614 4.1549 4.1549 4.1549 0.0011 0.0011 0.0011 1.9487 1.9445 1.9407 21.4612 21.4808 21.2475 1.3918 1.3949 1.3824 15.3765 15.3775 15.3900 Apr-22 May-22 Jun-22 15.3900 15.4000 15.4100 19.1981 19.2660 18.5238 16.0557 16.3724 15.9190 0.1182 0.1198 0.1123 11.0516 11.1629 10.9920 0.2003 0.1975 0.1944 0.0448 0.0440 0.0445 3.5105 3.4928 3.4706 0.4554 0.4564 0.4416 2.3145 2.2932 2.2847 15.9575 16.1911 16.2854 10.7029 10.8789 10.4411 4.1549 4.1549 4.1549 0.0011 0.0011 0.0011 1.9362 1.9357 1.9358 20.6888 20.7854 20.4611 1.3443 1.3497 1.3278 15.3870 15.3816 15.3933 Jul-22 Aug-22 Sep-22 15.4000 15.3800 15.3900 18.5780 17.8161 16.4797 15.5651 15.2679 14.7496 0.1152 0.1107 0.1063 11.0764 10.9487 10.6261 0.1932 0.1927 0.1879 0.0443 0.0442 0.0437 3.4340 3.4148 3.2898 0.4297 0.4267 0.4092 2.2680 2.2171 2.1260 16.3255 15.9599 15.8718 10.5847 10.4073 9.8163 4.1549 4.1549 4.1549 0.0011 0.0011 0.0010 1.9354 1.9358 1.9355 20.3834 20.0146 19.6974 1.3236 1.3013 1.2799 15.3974 15.3823 15.3847 Oct-22 15.4000 17.7188 15.1698 0.1036 10.8339 0.1861 0.0435 3.2335 0.4101 2.1064 15.5852 9.7271 4.1549 0.0010 1.9356 19.7627 1.2833 15.3906 2022 Source: Maldives Monetary Authority; Bank of Maldives Plc; International Monetary Fund 1/ Monthly figures represent the average of the daily mid rates for the month. Annual figures represent the average of the daily mid rates for the year. Monthly Statistics - November 2022 | 60
65. y /y % change US dollar Sterling pound (19) (20) -0.4 0.4 - -17.2 9.1 -5.3 -4.3 13.3 -3.8 -0.2 0.2 -0.1 3.3 3.2 -0.4 -0.1 0.2 61 | Monthly Statistics - November 2022 Euro (22) Singapore dollar Indian rupee Sri lankan rupee Malaysian ringgit (23) (24) (25) (26) 1.9 3.5 2.5 -3.3 9.3 -2.0 -2.4 5.9 -8.3 -3.8 1.3 -16.7 -4.2 10.2 -1.8 -2.0 9.7 -7.7 1.1 5.6 -10.2 1.3 1.9 -2.0 -2.1 -2.6 -1.6 0.9 -3.5 -7.3 3.1 3.2 8.7 9.7 5.3 5.6 2.2 1.9 -3.6 -2.6 0.5 -0.1 0.3 5.4 7.8 10.9 10.2 10.7 5.7 4.0 3.4 -3.1 2.6 4.9 5.8 -0.5 -0.6 -0.6 11.8 16.2 12.6 11.7 11.8 5.9 -2.0 -1.7 -2.5 0.1 0.1 - 6.9 3.1 4.6 0.6 -0.9 -1.2 0.3 0.3 -0.1 5.0 -0.1 -0.4 0.5 0.1 Thai baht (27) Chinese yuan Swiss franc Australian UAE dirham Indonesian dollar rupiah Hongkong dollar (28) (29) (30) (31) (32) (33) 0.2 5.7 0.3 -6.7 6.2 -4.8 -3.9 7.6 0.1 -1.1 7.4 -9.5 -0.0 -0.3 0.0 1.2 -6.6 -4.5 2.3 -3.7 -0.3 0.9 1.9 -3.1 8.0 0.4 -10.3 -1.5 7.0 2.4 1.2 10.1 -3.5 -0.7 9.2 -5.0 -0.0 0.0 4.5 -1.1 -1.3 0.5 0.5 -0.6 -2.3 -3.5 2.5 1.9 -0.1 0.4 6.7 7.0 10.5 10.1 9.2 9.2 - -0.1 -1.1 1.0 0.5 -2.2 -3.2 2.4 -4.9 -6.6 -5.4 1.1 4.0 4.8 4.4 4.4 3.9 7.9 8.4 8.1 9.2 7.2 1.2 13.5 17.5 23.9 -0.0 -2.7 -2.1 12.0 0.2 0.5 -0.3 6.7 7.5 3.6 1.9 4.5 1.6 -1.3 -6.5 -6.7 5.9 5.4 3.0 3.7 2.2 -3.7 9.3 12.1 9.5 6.9 8.0 3.3 19.1 17.5 9.4 -0.0 - 6.3 3.3 -1.7 -0.2 -0.1 -0.2 -4.7 -4.0 -5.6 1.5 0.9 0.6 0.8 -0.4 -0.8 -6.9 -6.7 -7.4 0.5 0.2 -0.8 -4.0 -4.2 -6.5 8.2 5.9 5.3 0.2 -1.3 -1.4 2.9 -1.1 1.1 - 0.8 1.5 4.1 -0.3 -0.5 -0.5 -1.8 -5.6 -7.7 -8.5 -8.6 -10.2 0.8 -2.2 -2.0 -1.8 -1.4 -1.6 -8.3 -8.6 -7.3 0.6 -3.8 -3.1 -6.3 -10.0 -10.3 4.8 3.3 2.4 -0.8 -2.0 -3.5 5.4 -3.2 -5.0 0.0 0.0 0.0 3.2 -1.4 -1.3 -0.4 -0.6 -0.6 -2.2 -4.1 -4.4 -8.0 -7.7 -4.6 -9.4 -7.7 -9.3 -2.0 -2.1 -0.4 -2.9 -1.5 -3.2 -5.5 -3.8 -32.6 -3.5 -3.5 -1.2 -10.6 -7.0 -5.8 1.1 2.6 3.4 -4.4 -2.0 2.1 -8.2 -6.9 -1.4 0.0 0.0 0.0 -2.6 -0.7 1.5 -0.6 -0.7 -0.7 0.3 0.7 0.6 -9.8 -11.1 -12.4 -13.1 -11.9 -12.2 -16.3 -14.4 -19.1 -4.2 -3.5 -3.3 -3.0 -6.7 -5.8 -45.1 -45.1 -44.2 -5.8 -5.4 -5.7 -8.7 -8.6 -9.2 -2.1 -4.6 -3.6 -6.5 -6.3 -3.4 -9.3 -7.1 -8.4 0.0 0.0 0.0 -0.2 -2.1 -2.2 -1.1 -1.1 -1.1 -0.1 -0.2 -0.1 -12.0 -15.2 -19.8 -13.4 -15.1 -16.6 -17.3 -20.7 -22.5 -1.7 -3.7 -5.5 -6.3 -7.7 -8.9 -44.4 -44.4 -45.0 -5.0 -7.1 -9.9 -9.4 -11.4 -11.1 -4.0 -6.2 -10.1 -3.8 -5.9 -4.7 -5.3 -5.8 -10.1 0.0 0.0 0.0 -2.4 -3.6 -6.1 -0.9 -0.8 -0.8 -0.1 -15.2 -13.9 -23.0 -4.4 -9.1 -45.0 -12.4 -12.4 -11.8 -8.1 -14.6 -0.0 -9.1 -0.9 . (21) Japanese yen
66. Explanatory Notes on Monetary and Financial Statistics I . General information Methodology As of January 2007, monetary and financial statistics are compiled on a monthly basis, in accordance with the International Monetary Fund, the IMF "guide in money and banking statistics in international financial statistics" (December 1984). Beginning February 2007 data are compiled in accordance with the methodological framework that was described in the monetary and financial statistics manual (MFSM2000). Key important concepts in MFSM-2000 Residency: The delineation between residence institutional units and non-residence units is a key feature recommended in the monetary and financial statistics manual. The key concept for defining the residency of an economic unit is its centre of economic interest. Domestic or resident - includes all individuals and legal entities with a center of economic interest in the republic of Maldives. Generally, a resident includes: 1. Any individual who has physically resided or is expected to physically reside in the republic of Maldives for one year or more; and 2. Legal entities (corporations, partnerships, joint ventures, etc.) With a location (i.e. Dwelling, place of production, or other premises) within the republic of Maldives from which it engages, and is expected to continue to engage, in business activities for at least the next year. The terms specifically exclude all foreign government embassies, consulates and their staff physically located/residing in the republic of Maldives, who, along with all other persons shall be considered “nonresidents”. Deposit classification: Deposits which can be withdrawn or are transferable on demand and without notice to the account holding depository institution, at face value and without penalty or other restriction by check, draft, direct debit/credit, automatic teller machine, or other direct payment facilities are classified as transferable deposits. All interest bearing deposits without a stated maturity which are not transferable by check, draft, direct debit/credit, automatic teller machine or other direct payment facilities and all deposits on which interest is paid for a fixed period of time and which cannot be withdrawn before maturity without giving notice and incurring an early withdrawal penalty are classified as other deposits. II. Institutional coverage Central Bank (CB): Consists of the Maldives Monetary Authority (MMA) only. Beginning December 2001 central bank data are based on a standardized report form (SRF), which generally accords with the concepts and definitions of the IMF’s monetary and financial statistics manual (MFSM), 2000. Financial assets and liabilities denominated in foreign currency are converted to national currency units at MMA daily reference exchange rate, which is the mid-point of the weighted average buying and selling rates of all commercial banks. Securities other than shares issued by the MMA and holdings of central government bills are valued at acquisition cost or face value rather than at current market price or fair value.
67. Other Depository Corporations (ODC): Consist of all commercial banks that are operating in Maldives. Beginning in January 2005, includes the government-owned Housing Development Finance Corporation (HDFC) are classified as ODC. With effect from September 2007, the HDFC was reclassified as other financial corporation as the corporation no longer issues short-term liabilities to money holding sectors. Data exclude banks in liquidation. Beginning in February 2007, data are based on a standardized report form (SRF) for other depository corporations, which accords with the concepts and definitions of the Monetary and Financial Statistics Manual (MFSM). For other depository corporations in Maldives, departures from the MFSM methodology are explained below. Financial assets and liabilities for which economic sectorisation is unavailable are allocated to the economic sector having the largest volume of transactions in the category. Held-to-maturity securities are valued at acquisition cost rather than at current market price or fair value. Holdings of equity shares not traded in active markets are valued at acquisition cost rather than at current market price or fair value. For December 2001 through January 2007, data in the SRF format are compiled from pre-SRF data not based on the MFSM methodology. Departures from the MFSM methodology are explained below. Financial assets and liabilities for which economic sectorisation is unavailable are allocated to the economic sector having the largest volume of transactions in the category. Accrued interest is included in other items (net) rather than in the outstanding amounts of the financial assets and liabilities. Depository Corporations (DC): Refer to section 2 (notes on central banks and other depository corporations.) Other Financial Corporations (OFC): Finance companies Comprises the Maldives Finance Leasing Company (MFLC), Housing Development Finance Corporation (HDFC), insurance companies (Allied insurance company private limited, Ceylinco Insurance Company private limited, Sri Lankan insurance company, Amana Takaful (Maldives) Plc.), Solarelle Insurance Pvt Ltd, Dhivehi Insurance Company Pvt Ltd and pension fund (Maldives pension administration office) . Beginning in January 2004 balance sheet data in new Call Report Form (CRF) is collected from finance companies which accords with the concepts and definitions of IMF’s MFSM. Beginning from September 2007 HDFC was reclassified as other financial corporation as they no longer issued short-term liabilities to money holding sectors. Insurance companies Since March 2007, quarterly balance sheet data have been collected from insurance companies in pre-SRF formats until September 2012. Beginning from March 2012, Sri Lankan insurance company has been excluded from OFC coverage due to withdrawal of their license and since September 2010 onwards, Amana Takaful (Maldives) Plc. was included in OFC coverage. Since September 2016 Solarelle Insurance Pvt Ltd was included in OFC coverage while Dhivehi Insurance Company Pvt Ltd was included in OFC coverage since October 2016. For March 2007 through November 2012, data of OFC are compiled from pre-SRF data, which was not based on the MFSM methodology. Departures from the MFSM methodology are explained below.
68. Financial assets and liabilities for which economic sectorisation is unavailable are allocated to the economic sector having the largest volume of transactions in the category . New SRF was reported from insurance companies from December 2012 through May 2013 on a quarterly basis. Whilst, beginning from June 2013 onwards insurance companies submitted monthly balance sheets based on SRF. Pension funds With the commencement of Maldives pension act on 13 may 2009, MPAO was established for administering Maldives retirement pension scheme as a defined contribution pension scheme that is fully funded by the contributions of employers and employees. Beginning in 2010 MPAO has become functional and since December 2010 onwards MPAO data based on SRF has been included in the OFC coverage. III. Monetary aggregates Broad money: Broad money calculated from the liability data in the sections for the central bank and other depository corporations’ accords with the concepts and definitions of the MFSM and is consistent with m2 described below. Money (national definitions): Reserve Money (M0): Comprises currency in circulation, transferable deposits of banks and public nonfinancial corporations with the MMA in national and foreign currency, and securities issued by the MMA held by public nonfinancial corporations. Currency in circulation refers to notes and coins issued by the MMA less the cash in the vault of the MMA. Banks deposits comprise minimum required reserves and other settlement balances with the MMA in national and foreign currency. Narrow money (m1): Comprises currency outside depository corporations, demand deposits of public nonfinancial corporations with the MMA in national currency, and demand deposits of public nonfinancial corporations, other financial corporations, and private sector with commercial banks in national currency. Quasi money: Comprises demand deposits of public nonfinancial corporations with the MMA in foreign currency, and demand deposits of money holding sectors (public nonfinancial corporations, other financial corporations, and private sector) with commercial banks in foreign currency and savings and time deposits of money holding sectors with commercial banks in national and foreign currency. It includes securities issued by the MMA held by public nonfinancial corporations. For January 2005 through august 2007, includes shortterm securities issued by the HDFC. Broad money (m2): Comprises narrow money and quasi money.
69. Explanatory notes on Financial Soundness Indicators I . General information Methodology Financial soundness indicators (FSIs) are aimed at analyzing the current financial health and soundness of the financial institutions in a country, and of their corporate and household counterparts. The FSIs are calculated in accordance with the IMF Financial Soundness Indicators: Compilation Guide (IMF 2006). The indicators are compiled using data reported to the MMA by deposit takers (commercial banks). The regulatory framework is in accordance with Maldives Banking Act (2010). In addition, the indicators complies with the guidelines of either Basel I or Basel II, represents full intragroup adjustments, valuation complies with IAS 39, time of recording and exchange rates complies with IAS 21. II. Main indicators The indicators in the publication represent the main components of the FSIs system, which are the core set of FSIs for deposit-taking corporations (12 indicators) and 2 encouraged FSIs to deposit takers (capital to assets and large exposures to capital) calculated and published by the MMA on a quarterly basis. Core set of FSIs include capital adequacy ratios, asset quality ratios, earnings and profitability ratios, liquidity ratios and sensitivity to market risk ratio III. Key aspects Capital adequacy Total regulatory capital is defined as capital base which includes Tier 1 capital and Tier 2 capital less investments in and loans to unconsolidated banking and other financial subsidiaries, investments in the capital of other banks, financial institutions licensed to do business in the Maldives, and loans or investments of a capital nature. Total regulatory capital is used as a numerator to calculate total regulatory capital to risk weighted assets ratio and as a denominator to calculate the ratios nonperforming loans net of provision to capital and net open position in foreign exchange to capital. Regulatory tier1 capital is defined as core capital which includes permanent shareholders' equity, disclosed reserves, minority interests in the equity of consolidated subsidiaries, less goodwill and other intangible assets, loan loss provisions and all other asset revaluation reserves, future income tax benefits, losses carried forward, encumbered assets, and net amounts due from Head office and branches in the case of foreign bank branches and subsidiaries operating in the Maldives. Risk weighted assets are defined as bank's on-balance sheet assets and off-balance-sheet exposures that are risk weighted as per the requirements of financial returns of MMA in compliance with regulation on capital adequacy 2015/R-166. Loan provisions are defined as balance sheet account established through charges to 'provisions expense' in the income statement and against which uncollectible loans or portions thereof are written-off. Nonperforming loans net of provisions are loans no longer generating income which is (nonperforming loans) less provisions. Asset quality Nonperforming loans are loans or advances where any portion of principal and interest is due and unpaid for 90 days or more; or interest payments for 90 days or more have been capitalized, re-financed, or rolled-over into a new loan. Total gross loans refer to gross loans value (including nonperforming loans) as reported on the balance sheet.
70. Earnings and profitability Key concepts Total capital and reserves refers to Capital base as reported in the financial returns of MMA . It is used as a denominator for return on equity. Key Indicators  Return on assets is calculated by dividing net income before extraordinary items and taxes by total assets. Net income before extraordinary items and taxes refers to Net Operating profit before extraordinary items and taxes.   Interest margin refer to net interest earnings: interest income less interest expenses.  Noninterest expenses refer to administrative expenses. Liquidity  Liquid assets are defined as those assets that can be converted into cash quickly without a significant loss in value.   Short term liabilities are the short-term element of deposit takers’ debt liabilities.   Explanatory notes on Insurance I. General information Insurance data provides information on performance of the insurance industry over the years. The Insurance industry consists of five general insurance companies including one composite company. Of these, two companies were licensed on 2016. Gross Written Premium (GWP) — the total premium (direct and assumed) written by an insurer before deductions for reinsurance. Reinsurance Ceded — that portion of a risk that an original insurer (also known as a "primary" insurer) transfers to a reinsurer in return for a stated premium. Net Written Premium — written premium less ceded reinsurance. Net Earned Premium — the Net Written Premiums recorded during the reporting period, plus the unearned premium reserves at the beginning of the period, minus the unearned premium reserves at the end of the period. Gross claims - all claim payments made in respect of the financial year including reinsurance. Net claims settled – claim payments net of reinsurance Net Incurred Claims – claim payments net of reinsurance plus claim liabilities at the end of the period minus claim liabilities at the beginning of the period. Underwriting expenses – Management expenses plus distribution expenses Underwriting result – Net earned premium plus reinsurance commission minus net incurred claims minus underwriting expenses. Ratios Retention ratio: percentage share of the premium retained relative to the gross written premium Insurance penetration: the percentage of gross written premium to GDP
71. Insurance density : the ratio of gross written premium (in US $) to the total population (per capita premium) Net Claim ratio: net incurred claims to earned premiums Net Expense ratio: total underwriting expenses less reinsurance commission, to net earned premium Net Combined ratio: net claim ratio plus net expense ratio Gross Claim ratio: gross claims to gross written premium Gross Expense ratio: total underwriting expenses to net earned premium Gross Combined ratio: Gross Claim ratio plus Gross Expense ratio Insurance classes Fire: insurance against loss of or damage to property due to fire, explosion, storm, natural forces other than storm, nuclear energy or land subsidence. Marine Cargo: insurance against loss of or damage to merchandise, baggage and all other goods in transit, where the form of transport is in water. Marine Hull: insurance against damage arising out of or in connection with the use of vessels on the sea or on inland water, including third-party risks and carrier's liability. Motor: Motor Own Damage and Motor Third Party Motor Own Damage: insurance against loss of or damage to vehicles used on land, including motor vehicles Motor Third Party: insurance against damage arising out of or in connection with the use of motor vehicles on land, including third-party risks and carrier's liability. Health: insurance providing fixed pecuniary benefits or benefits in the nature of indemnity (or a combination of the two) against risks of loss to the persons (both local and expatriates) insured attributable to sickness or infirmity, but exclusive of contracts falling within personal accident class of business. Accident: insurance providing fixed pecuniary benefits or benefits in the nature of indemnity (or a combination of both) against risks of the person insured    sustaining injury as the result of an accident or of an accident of a specified class, or dying as the result of an accident or of an accident of a specified class, or becoming incapacitated in consequence of disease or of disease of a specified class, inclusive of contracts relating to industrial injury and occupational disease but exclusive of contracts falling within health class of business. Engineering: insurance on the machinery, tackle, furniture or equipment of any property other than Marine Hull and Aviation class of business. Liability: insurance against risks of the persons insured incurring liabilities to third parties, the risks in question not being risks covered under motor class of business. Travel: insurance that covers the costs and losses associated with traveling. Miscellaneous: insurance against any of the risks not related to the above business groups.
72. Explanatory Notes on External Sector 1 . Reserve Data Template I. General Information Conceptual Framework The underlying framework of the Reserve Data Template (RDT) is built on two related concepts, i.e. (1) International Reserve and (2) Foreign Currency Liquidity concept. The concepts for the compilation of RDT are covered in International Monetary Fund’s International Reserve and Foreign Currency Liquidity: Guideline for a Data Template (IMF 2013). The Foreign Currency Liquidity concept is broader than the International Reserves1 concept set forth in IMF’s Balance of Payments and International Investment Position Manual, Sixth Edition (BPM6) in three aspects: (1) Reserve assets refers to external assets of the monetary authorities, while foreign currency liquidity covers foreign currency resources and drains on such resources of the monetary authorities and the central government; (2) Reserve assets represents monetary authorities claims on nonresidents, while foreign currency liquidity relates to the monetary authorities and central government’s foreign currency claims on and obligations to residents and nonresidents; and 1  The term International Reserve, Gross International Reserves (GIR), Reserve Assets and  Official Reserve Assets can be used inter changeably and has the same definition and  concept as the one set forth in BPM6 para. 6.64.   (3) Reserve assets are based on balance sheet framework, while the concept of liquidity encompasses inflows and outflows of foreign currency that results from both on and off-balance sheet activities of the monetary authority and central government. With respect to institutional coverage, the RDT ideally covers the monetary authorities, which manage and hold international reserves and the central government (excluding social security funds), which, together with the monetary authorities, accounts for most of foreign currency obligations. To enhance the transparency of data on countries’ international reserve and foreign currency liquidity, the RDT set by the IMF calls for comprehensive disclosure of the monetary authorities and central government’s (1) official reserve assets, (2) other foreign currency assets, (3) predetermined short-term net drains of foreign currency assets, (4) contingent short-term net drains on foreign currency assets and (5) other related supplementary information. However, in the case of Maldives, currently the foreign currency liquidity concept covers three parts and is based on on-balance sheet activities of the Maldives Monetary Authority (MMA) only. The foreign currency resources includes (1) official reserve assets and (2) other foreign currency assets at the disposal of MMA, that are readily available to meet the demand for foreign exchange and (3) predetermined short term net drains on foreign currency assets, i.e. known or scheduled short term inflows and outflows of foreign
73. currency resources resulting from the short-term foreign currency liabilities of the MMA . II. Key elements Official Reserve Assets Gross International Reserves or Official Reserve Assets are those external assets that are readily available to and controlled by the MMA for meeting balance of payments financing needs, for intervention in exchange markets to affect the currency exchange rate, and for other related purposes (such as maintaining confidence in the currency and the economy, and serving as a basis for foreign borrowing). The official reserve assets include: reserve of IMF member countries, which are allocated in proportion to the country’s respective quota. 3. Other Reserve Assets: Includes assets that are liquid and readily available to the MMA, but not included in other categories of reserve assets. These assets include: i. The net market-to-market value of financial derivatives positions (including forwards, swaps, futures and options) with nonresidents which are highly liquid and denominated and settled in foreign currency. ii. Other financial assets not included elsewhere but that are foreign currency assets that are available for immediate use. Other Foreign Currency Assets 1. Foreign Currency reserves i. Securities These are highly liquid and marketable foreign currency equity and debt securities issued by nonresident entities. ii. Total Currency and Deposits Includes the demand deposits available on demand, and term deposits that are redeemable upon demand or very short notice without unduly affecting the value of the deposits. These deposits are held in foreign central banks and other non-resident banks such as commercial banks. In addition, currency holdings are also included under total currency and deposits. This consists of foreign currency notes and coins in circulation and commonly used to make payments. 2. IMF Reserve Position and SDRs: IMF reserve position includes the reserve tranche, i.e. the foreign currency amount that a member country may draw from the IMF at short notice and SDRs are international reserve assets that IMF created to supplement the Refer to liquid foreign currency assets of the MMA that are not included in official reserve assets. These assets are available on demand to meet foreign currency needs of MMA. Unlike official reserve assets, these assets are not only external assets, but also includes claims on residents. Pre-determined short-term net drains on foreign currency assets The predetermined drains are the known or scheduled contractual obligations of MMA in foreign currencies with both residents and nonresidents. These are on-balance sheet commitments including the predetermined payment of principle and interest associated with loan and securities. The “net drains” refer to outflow of foreign currency, net of inflows while the “short-term” obligations include those with an original maturity of 1 year or less and those with the remaining (residual) maturity of one year or less. Pre-determined short-term foreign currency flows consists of:
74. 1 . Loans, Securities and Deposits: i. Foreign currency loans includes short and long-term loan debts (interest and principle payments) falling due within one year. ii. Foreign currency deposits include deposits of foreign central banks and other foreign banking institutions with the MMA and foreign currency deposits of resident entities with MMA. Among the resident entities’ deposits, majority are commercial bank’s deposits held at MMA for prudential purposes (i.e. Minimum Reserve Requirement) and these deposits are redeemable by depositors on short notice. iii. Foreign currency securities include interest and principle repayment of negotiable debt instruments such as bonds and notes, which are settled in foreign currency. Inflows of foreign currency to be reported in “Pre-determined short-term net drains on foreign currency assets” of the RDT are those relating to scheduled foreign currency obligations due to the MMA on outstanding loans, securities and deposits owed by the MMA, that are not covered in “Official Reserves and Other Foreign Currency Assets” of the RDT. 2. Forwards, Future and Swaps: These are foreign currency flows arising from a foreign exchange commitment that need to be met at settlement of all outstanding forward, future and swap contracts. 3. Other Predetermined Foreign Currency Flows: These includes pre-determined foreign currency outflows and inflows relating to repos & reverse repos and accounts payable & receivables that are materially significant.
75. 2 . Balance of Payments The conceptual framework used in compiling Balance of payments statistics is based on International Monetary Fund’s Balance of Payments and International Investment Position Manual, Sixth Edition (BPM6). This publication contains comprehensive estimates of MMA. I. General Information The Balance of Payments (BOP) is a statistical statement that systematically summarizes economic transactions (flows) of residents of the Maldives with the rest of the world for a specific period of time. These transactions are recorded in three main accounts: the current account, capital account and financial account. From January 2017 onwards MMA started disseminating BOP statistics based on the Sixth Edition of the Balance of Payment and International Investment Position Manual (BPM6) methodologies of the International Monetary Fund (IMF). II. Current Account The balance of current account is derived by aggregating all relevant transactions (i.e trade in goods, trade in services, primary income and secondary income). A balance is said to be in surplus if credit entries exceeds debit entries or in deficit if debit entries exceeds credit entries. Balance on Goods Exports This includes goods exported from the Maldives and consists of two parts; domestic exports and re-exports. Re-exports is mainly jet fuel sold to foreign carriers. This information is collected from the Maldives Customs Service (MCS) and major international airports operating in the Maldives. In compiling the actual exports value, data from MCS and international airports are used while projections are based on past trend. Meanwhile, re-exports are projected based on tourist arrival, and the estimated average prices of petroleum products imported to Maldives. Imports Imports consists of all merchandise imports into the country which are recorded by the MCS. However some adjustments (such as valuation and coverage) are made to the trade statistics data provided by the MCS when estimating the import value for BOP. Hence import value in BOP statistics (Table 13.1 and 13.2) is not comparable with the trade statistics (Tables 14.1 to 14.5). To forecast the import of major items (such as food & beverage, and petroleum products) price and volume index is calculated. Prices are based on commodity prices forecasts by the IMF or World Bank and the implicit price of petroleum products imported to Maldives; while volume is based on estimated tourist arrival / bed night growth. Imports of other items are forecasted based on past trends. Balance on Services Export: Transportation Services The major components in this section are:   Earnings of resident airlines from sale of ticket to non-residents on international routes and Earnings of international airports in Maldives on handling, navigation, parking and other related charges from foreign airlines. This information is based on data collected from resident airlines operating in Maldives, Maldives Ports Limited (MPL), international airports in Maldives, other administrative records and estimates made by MMA.
76. Import : Transportation Services The major component in this category is freight charges on imports. This data is collected from MCS. It also includes payments made for use of foreign sea ports and purchase of air tickets from non-resident airlines. Payment made for air tickets is estimated by MMA based on information collected from Maldivian Travelling Abroad (MTA) Survey, conducted annually. Export: Travel Total travel receipt is estimated by MMA based on Tourism Goods and Services Tax (TGST), Green Tax and Airport Development Fee (ADF) collected by Maldives Inland Revenue Authority (MIRA). It also includes revenue received from duty-free shops at Velaana International Airport. Import: Travel This includes the amount spent by residents for travel. Data is sourced from the annual MTA survey conducted by the MMA and administrative records of government’s foreign payments kept at the MMA. Other services   Estimates for the above are made by MMA based on administrative records of MIRA, surveys conducted by MMA and administrative records from various sources. Balance on Primary Income The primary income account represents the return that accrues to the institutional units for their contribution to the production process or for the provision of financial assets and renting natural resources to other institutional units. The main components of this account are; i) compensation of employees, ii) investment income and iii) other primary income. The credit entries in primary income account reflects primary income receivable while the debit entry reflects the primary income payable by the reporting country. The balance in this account shows net primary income less income payable. However in case of Maldives, the primary income payable is greater than the primary income receivable; showing a negative balance in primary income account. This account mainly consists of:  Other components in the services account are receipts and payments made for the following services:         Constructions services Insurances services Financial services Charges for the use of intellectual property Telecommunications, computer and information services Research and development services Professional and management consulting services Technical, trade-related and other business services Personal, cultural and recreational services Government goods and services  Investment income associated with the ownership of financial assets such as dividends payable and withdrawals from income; and reinvested earnings of direct investments in Maldives. Other Investments such as interest income receivable to MMA, commercial banks and other sectors on their investments. Interest income payable by the government, commercial banks and other sectors on their external borrowings. The data is based on the annual Foreign Direct Investment (FDI) survey conducted by the MMA, financial statements of foreign direct investment enterprises, various administrative records and information from Bank of International Settlements (BIS) database.
77. Balance on Secondary Income The secondary income account shows current transfers between residents of Maldives with rest of the world . Various types of current transfers are recorded in this account and shows the process of income distribution. The main components of this account are i) personal transfers and ii) other transfers Similar to primary income account, the balance on the secondary income account presents total credits (transfer receivable) less total debits (transfer payable). In case of Maldives debits are more than credits; showing a negative balance in secondary income account and this account mainly consists of:    Personal transfers payable such as workers remittances Cash grants received to the government Other transfers Data is obtained from the administrative records kept at MMA and Ministry of Finance (MoF). accordance with the IMF standards, various classifications such as assets / liabilities, types of instruments, functional categories (direct investment, portfolio investment etc.), and investment by institutional units are used to present the financial account data of Maldives. Assets and Liabilities With the change in methodology from BPM5 to BPM6, the presentation of financial account is changed from directional principle to asset-liability principle. With this change, the categories of flows has been changed to “net acquisition of financial assets (NAFA)” and “net incurrence of liabilities (NIL)”. More specifically NAFA shows acquisition of assets less reduction in assets, while NIL shows increase in liabilities less decrease in liabilities. Thus, the financial account items are recorded on a net basis for financial assets and liabilities separately and reflects changes to all credit and debit entries during the accounting period; where a positive sign for both financial assets and liabilities denotes a net increase while a negative sign reflect a net decrease. Type of instruments III. Capital Account This account includes capital grants received by the government of Maldives, including the transfer of capital assets. It also includes cash grants that are used for capital expenditure. This data is collected from the MOFT. However, from 2016 onwards capital transfers are included in secondary income account since total grants data cannot be segregated further. In Maldives there are two broad categories of financial assets and liabilities: i) equity and investment fund shares and ii) debt instruments.  Equity and investment fund shares have the distinguishing feature that the holders own a residual claim on institutional unit (that issued the instrument), after the claims of the creditors have been met. In the case of Maldives, this category consists mainly of equity securities (both listed and unlisted), rather than the investment shares, which are treated as liability of the issuing institutional unit and represents the owner’s funds in the institutional unit  Debt instruments are those instruments that generally require the payments of principal and / or interest at some point in the IV. Financial Account The financial account records transactions that involve financial assets and liabilities that take place between residents and nonresidents. In
78. future . In the case of Maldives the major debt instrument consists of Special drawing Rights (SDR), currency and deposit, debt securities (such as bonds and bills) loans, etc. Functional classification There are four major functional categories used in the Maldives’ BOP statistics. They are:  Direct investment is a category of cross-border investment associated with a resident in one economy having control or a significant degree of influence on the management of an enterprise that is resident in another economy. Generally, a nonresident investor is deemed to have control and significant influence when they hold 10 percent or more of equity or voting rights in a company. Direct Investment in the Maldives is based on information collected from the annual Foreign Direct Investment (FDI) survey conducted by MMA and the information collected from annual financial statements of such companies and administrative records.  Portfolio investment cross-border transactions and positions involving debt or equity securities, other than those included in direct investment. Information for portfolio investment liabilities is collected from the Coordinated Portfolio Investment Survey (CPIS) database of the International Monetary Fund (IMF).  Other Investment covers information on other investment assets and liabilities of monetary authorities, banks and other sectors. These estimates are based on data obtained from the Monetary and Financial Statistics (MFS) database of MMA, administrative records and information of such flows available at the Bank of International Settlements (BIS) database.  Reserves and Related Items reflects the change in gross international reserves. Information is sourced from the Monetary and Financial Statistics (MFS) database of MMA.
79. Publicly guaranteed external debt 3 . External Debt Statistics I. Publicly guaranteed external debt is the amount of gross debt liabilities owed by residents, of which the servicing is contractually guaranteed by the central government. This includes the outstanding debt of the public and private nonfinancial corporations owed to nonresident financial and nonfinancial institutions, where the servicing of the debt (principal and/or interest for future periods) are guaranteed by the central government. General Information External debt statistics (EDS) provides information on the total outstanding external debt of the central government, publicly guaranteed external debt and the loan liabilities of the resident commercial banks to the nonresidents. The central government and publicly guaranteed external debt data is provided by the Ministry of Finance. II. Total External Debt External debt is defined as the gross outstanding amount of actual current (not contingent) liabilities owed to nonresident creditors (that requires principal and/or interest for future periods) by the residents of the country. III. In table 15, this represents the debt liabilities of the State-Owned Enterprises (SOE) and private sector guaranteed by the central government. Central Government and Publicly Guaranteed External Debt Central government This refers to the external debt liabilities of the central government, defined as all debt liabilities financial claims that requires payment, principal and or interest from the central government to foreign creditors for a given fiscal year. The central government external debt includes long term debt securities and loans from nonresident creditors. The debt securities include the sovereign bonds and sukuk issued to international market, Loans refer to central government debt liabilities owed to nonresident multilateral creditors, official bilateral creditors, commercial bank and trade credit advances such as buyers-credit. IV. Other Depository Corporations’ External Debt Data in table 15 represents the resident deposit-taking corporations’ borrowings from nonresidents such as head-offices and branches and nonresident other depository corporations (commercial banks). This table excludes the outstanding debt owed to nonresidents by the resident other financial corporations, public nonfinancial corporations (the non-guaranteed debt liabilities of the SOE’s), private nonfinancial corporations, households and nonprofit institutions serving households (NPISH) and direct investment enterprises of the Maldives, as these data are unavailable.
80. Monthly Stat