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Total loans and advances

By Other Depository Corporations and Other Financial Intermediaries › To Private Sector and Public Non-Financial CorporationsMonthlyRufiyaa (MVR)

Latest
MVR 51.42bn
Aug 2026
On a year earlier
+15.6%
same period last year
Trend growth, 10 years
9.1% a year
least-squares fit, R² 0.99

The whole record

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Source: Maldives Monetary Authority, via the Maldives Monetary Authority statistics database.

What the numbers say

Short term

The latest readings
  • The latest figure is MVR 51.42 billion for Aug 2026, down 4.2% from Jul 2026 and up 15.6% on the same month a year earlier.
  • The change on a year earlier averaged +19.2% over the last three months, against +20.9% in the three months before: the year-on-year pace has eased.

Long term

The record as a whole
  • Trend growth over the past 10 years is 9.1% a year (least-squares fit on the logarithm; R² 0.99, a close fit, so the series has followed a steady path).
  • Measured end to end, compound growth is 9.2% a year over five years and 9.6% a year over ten.
  • The record high was MVR 53.7 billion in Jul 2026; the latest is 4.2% below it.
  • Year-on-year growth has typically varied by about 5.1 percentage points (one standard deviation) over the past five years.

How to read this series

Bank lending by sector. Loans and advances outstanding from banks and other lenders, by the industry of the borrower. It shows where credit is concentrated and which activities are borrowing more.

  • Shown in current prices (nominal). Part of any long-run rise reflects inflation rather than a larger real amount.
  • A stock: it is the amount outstanding at the end of each month, not activity during it, so periods are never added together.
  • Recent periods are often revised as fuller data arrive. The version comparison below shows what MMA has changed since this site began keeping copies.

MMA’s note: Credit provided to private sector and Public Non-Financial Corporations by commercial banks and Other Financial Intermediaries.

Terms such as percentage points, flows and stocks, and trend growth are explained in How to read the tracker.

What is driving it

How much each component added to, or took from, the total’s growth on a year earlier.

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Each bar segment is a component’s change over the year as a share of the total a year earlier, in percentage points; the segments add up to the line. Calculation by Good Morning Maldives from MMA data.
Components of Total loans and advances
AgricultureMVR 9.9m
FishingMVR 937.7m
ManufacturingMVR 64.4m
ConstructionMVR 10.47bn
Real estateMVR 3.49bn
TourismMVR 13.86bn
CommerceMVR 5.74bn
Transport and communicationMVR 5bn
Electricity, gas, water and sanitary servicesMVR 541.8m
Personal loansMVR 9.26bn
Other loans and loans not adequately describedMVR 2.06bn

Revisions

This site holds one version of this series so far, first stored on 6 Oct 2026. Each time MMA adds a period or revises a past figure, a new version is kept alongside the old one and the two are charted against each other here.

Stored versions of Total loans and advances
VersionStoredMMA updatedCoversAddedRevisedRemoved
1 (current)6 Oct 202628 Sep 2026Jan 2008 – Aug 2026———

Sorted by Version, descending.

All figures

Every period on record, newest first. Sort by any column, filter, copy the table or download it as CSV.

Every observation of Total loans and advances
Aug 2026MVR 51.42 billion+15.6%
Jul 2026MVR 53.7 billion+21.1%
Jun 2026MVR 52.93 billion+20.8%
May 2026MVR 51.92 billion+20.4%
Apr 2026MVR 51.73 billion+22.3%
Mar 2026MVR 50.83 billion+20.1%
Feb 2026MVR 50.34 billion+20.1%
Jan 2026MVR 48.93 billion+17.1%
Dec 2025MVR 48.27 billion+15.2%
Nov 2025MVR 47.36 billion+10.9%
Oct 2025MVR 46.36 billion+7.8%
Sep 2025MVR 45.37 billion+5.7%
Aug 2025MVR 44.48 billion+4.7%
Jul 2025MVR 44.33 billion+5.0%
Jun 2025MVR 43.82 billion+4.9%
May 2025MVR 43.11 billion+4.7%
Apr 2025MVR 42.29 billion+4.3%
Mar 2025MVR 42.34 billion+5.7%
Feb 2025MVR 41.9 billion+4.1%
Jan 2025MVR 41.79 billion+3.7%
Dec 2024MVR 41.89 billion+4.3%
Nov 2024MVR 42.71 billion+8.5%
Oct 2024MVR 42.99 billion+9.7%
Sep 2024MVR 42.92 billion+10.4%
Aug 2024MVR 42.47 billion+11.0%
Jul 2024MVR 42.21 billion+12.8%
Jun 2024MVR 41.79 billion+13.5%
May 2024MVR 41.18 billion+12.6%
Apr 2024MVR 40.54 billion+12.4%
Mar 2024MVR 40.06 billion+12.0%

Sorted by Period, descending.

About this series

Source
Maldives Monetary Authority
Published by
MMA Statistics Database, series 2458
MMA table
Financial Sector › Loans and Advances › By Other Depository Corporations and Other Financial Intermediaries › To Private Sector and Public Non-Financial Corporations
Coverage
Jan 2008 to Aug 2026 · 224 observations
MMA updated
28 Sep 2026
Last checked
22 Oct 2026

The analysis is calculated by Good Morning Maldives from the published figures; it describes the data and is not a forecast.