Non-performing loans as a share of bank loans fell 29.3% to 5.89% in Maldives in 2024, according to the National Central Bank.
Historically, non-performing loans as a share of bank loans in Maldives reached an all time high of 20.9% in 2012 and an all time low of 5.89% in 2024.
Maldives has been ranked 13th within the group of 91 countries we follow in terms of non-performing loans as a share of bank loans, 1 place above the position seen 10 years ago.
| Non-Performing Loans (As % of Total Loans) | Unit | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
| Australia | % | ... | 0.902% | 0.961% | 1.11% | 0.913% | 0.722% | |||||||||||||||
| Bangladesh | % | ... | ... | ... | ... | ... | ... | ... | 9.89% | 8.90% | 7.74% | 7.97% | 8.72% | |||||||||
| China | % | ... | ... | ... | ... | ... | ... | 1.83% | 1.86% | 1.84% | 1.73% | 1.63% | ||||||||||
| India | % | ... | ... | ... | ... | ... | 9.46% | 9.23% | 7.94% | 6.54% | 4.81% | |||||||||||
| Indonesia | % | ... | 2.21% | 2.34% | 2.64% | 2.64% | 2.15% | |||||||||||||||
| Malaysia | % | ... | 1.47% | 1.52% | 1.57% | 1.68% | 1.72% | |||||||||||||||
| Maldives | % | ... | ... | ... | ... | ... | ... | ... | ... | 11.6% | 11.6% | 18.8% | 12.6% | 9.41% | ||||||||
| Myanmar | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| Pakistan | % | ... | 7.97% | 8.58% | 9.19% | 7.89% | 6.54% | |||||||||||||||
| Philippines | % | ... | ... | ... | ... | ... | 1.67% | 1.97% | 3.53% | 3.96% | 3.13% | |||||||||||
| Singapore | % | ... | ... | ... | ... | 1.31% | 1.31% | ... | ... | ... | ... | ... | ||||||||||
| Sri Lanka | % | ... | ... | ... | ... | ... | ... | ... | 3.42% | 4.70% | 4.93% | 4.47% | 12.0% | ... | ||||||||
| Thailand | % | ... | ... | 3.08% | 3.13% | 3.23% | 3.11% | 2.84% |
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