External assets
The Maldives' official foreign-currency reserve buffer, published statistics from MMA. Millions of USD. External debt and credit ratings are on the External debt page.
Official reserve assets
638 m
USD, as at Jul 2026
Reserves in months of imports i
1.9
reserves ÷ avg monthly goods imports
Near-term claims on reserves i
USD 535 m
84% of reserves, due within a year, Jul 2026
Other foreign-currency assets i
USD 118 m
not counted as official reserves
Official reserves, over time
Monthly, millions of USD.
Official reserve assets
What the reserves are made of
USD millions, 2026-07. Almost entirely foreign-currency assets (cash and securities held abroad), with small holdings of gold and the IMF reserve tranche.
Foreign currency reserves: securities vs. cash
USD millions, 2026-07. Securities (mostly foreign government bonds) typically earn more than bank deposits, at the cost of being slightly less liquid.
SecuritiesCurrency & deposits
Near-term claims on reserves, over time
USD millions. Foreign-currency obligations due within a year, mainly external debt service, shown as a draw against the reserves above. This isn't total external debt, only what falls due soon.
Predetermined short-term net drains