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Manufacturing

To Private Sector and Public Non-Financial Corporations › Total loans and advancesMonthlyRufiyaa (MVR)Part of Total loans and advances

Latest
MVR 64.4m
Aug 2026
On a year earlier
−58.7%
same period last year
Trend growth, 10 years
-1.7% a year
least-squares fit, R² 0.11

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 64.4 million for Aug 2026, down 62.5% from Jul 2026 and down 58.7% on the same month a year earlier.
  • The change on a year earlier averaged −25.7% over the last three months, against −19.7% in the three months before: the year-on-year decline has deepened.
  • That annual change is unusual by the standard of the past ten years: 3.8 standard deviations below the average.

Long term

The record as a whole
  • Trend growth over the past 10 years is -1.7% a year (least-squares fit on the logarithm; R² 0.11, a loose fit: the series has not followed a steady path, and this rate says little).
  • Measured end to end, compound growth is -15.1% a year over five years and -11.5% a year over ten.
  • The record high was MVR 595.3 million in Apr 2009; the latest is 89.2% below it.
  • Year-on-year growth has typically varied by about 19.1 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.

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

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 Manufacturing
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 Manufacturing
Aug 2026MVR 64.4 million−58.7%
Jul 2026MVR 171.9 million−2.9%
Jun 2026MVR 148.6 million−15.4%
May 2026MVR 147.6 million−17.6%
Apr 2026MVR 147.7 million−20.7%
Mar 2026MVR 150.5 million−20.7%
Feb 2026MVR 146 million−19.9%
Jan 2026MVR 148.8 million−20.5%
Dec 2025MVR 149.6 million−19.2%
Nov 2025MVR 149.4 million−16.8%
Oct 2025MVR 151.7 million−21.9%
Sep 2025MVR 151.5 million−25.5%
Aug 2025MVR 155.8 million−21.6%
Jul 2025MVR 177 million−13.2%
Jun 2025MVR 175.7 million−9.6%
May 2025MVR 179.2 million−10.5%
Apr 2025MVR 186.2 million+5.0%
Mar 2025MVR 189.8 million+5.1%
Feb 2025MVR 182.2 million−1.4%
Jan 2025MVR 187.1 million−7.0%
Dec 2024MVR 185.1 million+3.8%
Nov 2024MVR 179.6 million−1.5%
Oct 2024MVR 194.2 million+7.2%
Sep 2024MVR 203.4 million+13.0%
Aug 2024MVR 198.7 million+13.3%
Jul 2024MVR 203.9 million+5.9%
Jun 2024MVR 194.4 million+0.5%
May 2024MVR 200.2 million+3.6%
Apr 2024MVR 177.4 million−8.3%
Mar 2024MVR 180.6 million−6.4%

Sorted by Period, descending.

About this series

Source
Maldives Monetary Authority
Published by
MMA Statistics Database, series 2469
MMA table
Financial Sector › Loans and Advances › By Other Depository Corporations and Other Financial Intermediaries › To Private Sector and Public Non-Financial Corporations › Total loans and advances
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.