Guaranteed

• The latest figure is MVR 18.56 billion for Q2 2026, down 4.6% from Q1 2026 and down 8.7% on the same quarter a year earlier.
• The change on a year earlier averaged −6.9% over the last two quarters, against +18.3% in the two quarters before: the year-on-year change has turned negative.

• Trend growth over the past 10 years is 35.3% a year (least-squares fit on the logarithm; R² 0.52, a moderate fit, with sizeable swings around the path).
• Measured end to end, compound growth is 1.5% a year over five years and 45.8% a year over ten.
• The record high was MVR 21.09 billion in Q1 2021; the latest is 12% below it.
• Year-on-year growth has typically varied by about 26.2 percentage points (one standard deviation) over the past five years.

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.

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

Source

Ministry of Finance and Planning

Published by

MMA Statistics Database, series 4520

MMA table

Fiscal Sector › Public and Publicly Guaranteed Debt of Central Government › Total outstanding › External

Coverage

Q1 2015 to Q2 2026 · 46 observations

MMA updated

23 Aug 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.