Nonperforming loans to total gross loans
- Latest
- 3.67%
- Jul 2026
- On a year earlier
- −3.63 pp
- same period last year
- Five-year average
- 8.26%
- On five years ago
- −15.03 pp
The whole record
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What the numbers say
Short term
The latest readings- The latest figure is 3.67% for Jul 2026, down 1.6 percentage points from Jun 2026 and down 3.63 percentage points on the same month a year earlier.
- The change on a year earlier averaged −2.17 pp over the last three months, against −0.62 pp in the three months before: the year-on-year decline has deepened.
Long term
The record as a whole- It has averaged 8.26% over the past five years and 10.6% over ten; the latest figure is 4.59 pp below the five-year average.
How to read this series
Banking soundness. The standard international indicators of bank health. Capital ratios measure the cushion against losses; the non-performing loan ratio is the share of lending in arrears; provisions show how much of that is already covered; return on assets and equity measure profitability; liquidity ratios measure the ability to meet withdrawals.
- A stock: it is the amount outstanding at the end of each month, not activity during it, so periods are never added together.
- Changes in a rate or ratio are given in percentage points, the plain difference between two readings.
- 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.
| Version | Stored | MMA updated | Covers | Added | Revised | Removed |
|---|---|---|---|---|---|---|
| 1 (current) | 6 Oct 2026 | 23 Aug 2026 | Sep 2015 – Jul 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.
| Jul 2026 | 3.67% | −3.63 pp |
|---|---|---|
| Jun 2026 | 5.27% | −1.77 pp |
| May 2026 | 5.43% | −1.13 pp |
| Apr 2026 | 5.44% | −0.38 pp |
| Mar 2026 | 5.38% | −0.82 pp |
| Feb 2026 | 5.49% | −0.67 pp |
| Jan 2026 | 5.65% | −0.14 pp |
| Dec 2025 | 5.68% | −0.21 pp |
| Nov 2025 | 7.09% | +0.49 pp |
| Oct 2025 | 7.47% | +0.56 pp |
| Sep 2025 | 7.42% | −0.15 pp |
| Aug 2025 | 7.78% | +0.44 pp |
| Jul 2025 | 7.3% | +0.13 pp |
| Jun 2025 | 7.03% | −0.45 pp |
| May 2025 | 6.56% | −0.63 pp |
| Apr 2025 | 5.81% | −1.03 pp |
| Mar 2025 | 6.19% | −0.89 pp |
| Feb 2025 | 6.17% | −1.51 pp |
| Jan 2025 | 5.79% | −2.25 pp |
| Dec 2024 | 5.89% | −2.45 pp |
| Nov 2024 | 6.61% | −0.53 pp |
| Oct 2024 | 6.9% | −0.44 pp |
| Sep 2024 | 7.57% | +0.03 pp |
| Aug 2024 | 7.34% | −0.16 pp |
| Jul 2024 | 7.16% | −0.24 pp |
| Jun 2024 | 7.49% | −0.05 pp |
| May 2024 | 7.19% | −1.97 pp |
| Apr 2024 | 6.84% | −2.05 pp |
| Mar 2024 | 7.08% | −1.95 pp |
| Feb 2024 | 7.68% | −1.44 pp |
Sorted by Period, descending.
About this series
- Source
- Maldives Monetary Authority
- Published by
- MMA Statistics Database, series 4568
- MMA table
- Financial Sector › Financial Soundness Indicators (FSIs) › Deposit Takers › Core FSIs
- Coverage
- Sep 2015 to Jul 2026 · 131 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.