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Real estate

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

Latest
MVR 3.49bn
Aug 2026
On a year earlier
−18.2%
same period last year
Trend growth, 10 years
11.5% a year
least-squares fit, R² 0.75

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 3.49 billion for Aug 2026, down 17.8% from Jul 2026 and down 18.2% on the same month a year earlier.
  • The change on a year earlier averaged −7.5% over the last three months, against −2.0% in the three months before: the year-on-year decline has deepened.

Long term

The record as a whole
  • Trend growth over the past 10 years is 11.5% a year (least-squares fit on the logarithm; R² 0.75, a moderate fit, with sizeable swings around the path).
  • Measured end to end, compound growth is 5.6% a year over five years and 13.5% a year over ten.
  • The record high was MVR 4.5 billion in Oct 2025; the latest is 22.4% below it.
  • Year-on-year growth has typically varied by about 15.8 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 Real estate
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 Real estate
Aug 2026MVR 3.49 billion−18.2%
Jul 2026MVR 4.25 billion−2.0%
Jun 2026MVR 4.25 billion−2.5%
May 2026MVR 4.24 billion−2.3%
Apr 2026MVR 4.27 billion−2.8%
Mar 2026MVR 4.4 billion−0.9%
Feb 2026MVR 4.43 billion+0.1%
Jan 2026MVR 4.43 billion+0.1%
Dec 2025MVR 4.47 billion+0.9%
Nov 2025MVR 4.48 billion+0.2%
Oct 2025MVR 4.5 billion+2.6%
Sep 2025MVR 4.26 billion+31.6%
Aug 2025MVR 4.27 billion+33.2%
Jul 2025MVR 4.33 billion+36.3%
Jun 2025MVR 4.36 billion+36.4%
May 2025MVR 4.34 billion+37.1%
Apr 2025MVR 4.39 billion+37.6%
Mar 2025MVR 4.44 billion+40.9%
Feb 2025MVR 4.43 billion+41.2%
Jan 2025MVR 4.43 billion+41.8%
Dec 2024MVR 4.43 billion+43.5%
Nov 2024MVR 4.47 billion+45.6%
Oct 2024MVR 4.38 billion+45.2%
Sep 2024MVR 3.23 billion+6.9%
Aug 2024MVR 3.2 billion+15.1%
Jul 2024MVR 3.18 billion+15.6%
Jun 2024MVR 3.2 billion+14.8%
May 2024MVR 3.16 billion+12.4%
Apr 2024MVR 3.19 billion+14.7%
Mar 2024MVR 3.15 billion+14.2%

Sorted by Period, descending.

About this series

Source
Maldives Monetary Authority
Published by
MMA Statistics Database, series 2483
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.