Foreign exchange reserves excluding gold rose 14.1% to USD 0.674 bil in Maldives in 2024, according to the National Statistical Office.
Historically, foreign exchange reserves excluding gold in Maldives reached an all time high of USD 0.985 bil in 2020 and an all time low of USD < 0.001 bil in 1976. When compared to Maldives's main peers, foreign exchange reserves excluding gold in India amounted to USD 570 bil, USD 149 bil in Indonesia, USD 365 bil in Singapore and USD 6.05 bil in Sri Lanka in 2024.
Maldives has been ranked 120th within the group of 125 countries we follow in terms of foreign exchange reserves excluding gold, 26 places above the position seen 10 years ago.
| Foreign Exchange Reserves, Excluding Gold (USD) | Unit | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
| Australia | USD bil | 51.1 | 55.6 | 39.2 | 53.8 | 53.4 | ||||||||||||||||
| Bangladesh | USD bil | 31.5 | 32.0 | 42.3 | 45.3 | 32.9 | ||||||||||||||||
| China | USD bil | 3,092 | 3,127 | 3,239 | 3,314 | 3,190 | ||||||||||||||||
| India | USD bil | 374 | 432 | 549 | 594 | 521 | ||||||||||||||||
| Indonesia | USD bil | 117 | 125 | 131 | 140 | 133 | ||||||||||||||||
| Malaysia | USD bil | 99.9 | 102 | 105 | 115 | 112 | ||||||||||||||||
| Maldives | USD bil | 0.712 | 0.753 | 0.985 | 0.806 | 0.832 | ||||||||||||||||
| Myanmar | USD bil | 5.35 | 5.47 | 7.23 | 8.68 | 7.76 | ... | |||||||||||||||
| Pakistan | USD bil | 9.17 | 13.4 | 14.6 | 19.0 | 6.16 | ||||||||||||||||
| Philippines | USD bil | 71.0 | 79.8 | 98.5 | 99.5 | 86.9 | ||||||||||||||||
| Singapore | USD bil | 287 | 279 | 362 | 416 | 288 | ||||||||||||||||
| Sri Lanka | USD bil | 6.10 | 6.69 | 5.26 | 2.96 | 1.87 | ||||||||||||||||
| Thailand | USD bil | 199 | 217 | 249 | 232 | 202 |
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