Maldives: Reserves

* indicates monthly or quarterly data series

Foreign exchange reserves including gold, billion USD

 Latest value 0.83
 Year 2022
 Measure billion U.S. dollars
 Data availability 1976 - 2022
 Average 0.22
 Min - Max 0.00 - 0.98
 Source The World Bank
For that indicator, we provide data for the Maldives from 1976 to 2022. The average value for the Maldives during that period was 0.22 billion U.S. dollars with a minimum of 0 billion U.S. dollars in 1976 and a maximum of 0.98 billion U.S. dollars in 2020. The latest value from 2022 is 0.83 billion U.S. dollars. For comparison, the world average in 2022 based on 146 countries is 95.37 billion U.S. dollars. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series

Recent values chart
Maldives - Reserves - Recent values chart

Historical chart
Maldives - Reserves - historical chart - 1976-2022

The reserves of the Maldives and other countries include their holdings of foreign currencies and gold. These are the reserves of the central bank and the treasury of the country, not the private sector.

When countries export products or attract investment from other countries, they receive foreign currencies. They use some of these currencies to buy imports and to invest in other countries. The rest is held in reserves and some of the reserves may be converted to gold.
Definition: Total reserves comprise holdings of monetary gold, special drawing rights, reserves of IMF members held by the IMF, and holdings of foreign exchange under the control of monetary authorities. The gold component of these reserves is valued at year-end (December 31) London prices. Data are in current U.S. dollars.

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 Related indicators Latest value Reference Measure
 Terms of trade 104.32 2021 percent
 Financial openness 1.610 2021 index points
 Foreign Direct Investment, percent of GDP 11.70 2022 percent
 Foreign Direct Investment, billion dollars 0.72 2022 billion U.S. dollars
 Portfolio investment inflows, equities 0.00 2022 million dollars (current)
 Current account, percent of GDP -20.00 2023 percent
 Current account, in dollars -1.03 2022 billion U.S. dollars
 Trade balance, in dollars 0.19 2022 billion U.S. dollars
 Reserves 0.83 2022 billion U.S. dollars
 Remittances, percent of GDP 0.08 2022 percent
 Remittances 5.13 2022 million U.S. dollars
 Net errors and omissions -52.84 2022 million USD
 External debt 71.17 2022 percent
 Short-term external debt 12.30 2022 percent
 Short-term debt to reserves 59.71 2022 percent
 Foreign exchange reserves 0.59 9/2023 billion
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