The benchmark interest rate in Maldives was last recorded at 7 percent. Interest Rate in Maldives averaged 6.62 percent from 2009 until 2019, reaching an all time high of 7 percent in March of 2012 and a record low of 4.46 percent in December of 2010.

Interest Rate in Maldives is expected to be 6.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Maldives to stand at 6.50 in 12 months time. In the long-term, the Maldives Interest Rate is projected to trend around 6.50 percent in 2020, according to our econometric models.

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Maldives Interest Rate

Actual Previous Highest Lowest Dates Unit Frequency
7.00 7.00 7.00 4.46 2009 - 2019 percent Daily

Maldives Interest Rate
In the Maldives, interest rate decisions are taken by the Maldives Monetary Authority. The official interest rate is the 1-week Reverse Repo Rate.

Maldives Money Last Previous Highest Lowest Unit
Interest Rate 7.00 7.00 7.00 4.46 percent [+]
Deposit Interest Rate 3.66 3.57 9.09 3.57 percent [+]
Money Supply M0 10301.00 10625.10 14826.10 8644.20 MVR Million [+]
Money Supply M1 13998.80 14211.30 15312.50 2347.60 MVR Million [+]
Money Supply M2 33774.70 34293.00 37278.80 5543.50 MVR Million [+]
Central Bank Balance Sheet 15380.20 16635.70 22149.90 3800.45 MVR Million [+]
Foreign Exchange Reserves 8158.70 9346.10 14445.10 3402.28 MVR Million [+]