Maldives: Foreign exchange reserves

* indicates monthly or quarterly data series

Foreign exchange reserves, billion currency units

 Latest value 0.54
 Reference March 2024
 Measure billion U.S. Dollar
 Data availability January 2000 - March 2024
 Average 0.42
 Min - Max 0.09 - 1.02
 Source Maldives Monetary Authority
For that indicator, we provide data for the Maldives from January 2000 to March 2024. The average value for the Maldives during that period was 0.42 billion U.S. Dollar with a minimum of 0.09 billion U.S. Dollar in January 2002 and a maximum of 1.02 billion U.S. Dollar in September 2021. Click on the following link to see the values of Foreign exchange reserves, billion currency units around the world.
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* indicates monthly or quarterly data series

Recent values chart
Maldives - Foreign exchange reserves - recent values

Historical chart
Maldives - Foreign exchange reserves - historical chart - 2000-2024
Measure: billion U.S. Dollar
Source: Maldives Monetary Authority

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Definition: Foreign exchange reserves consist of foreign currency, deposits denominated in foreign currency, Monetary Gold, Special Drawing Rights (SDRs) and Reserve position in the International Monetary Fund (IMF). Foreign exchange reserves are held by monetary authorities to finance trade imbalances, check the impact of foreign exchange fluctuations and address other issues under the purview of the central bank.

 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 -17.00 2022 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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