The Public Ledger

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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
687 m
USD, as at Jun 2026
Reserves in months of imports i
2.1
reserves ÷ avg monthly goods imports
Near-term claims on reserves i
USD 568 m
83% of reserves, due within a year, Jun 2026
Other foreign-currency assets i
USD 130 m
not counted as official reserves

Official reserves, over time

Monthly, millions of USD.

0 m350 m699 m1.05 bn1.40 bn202420252026
Official reserve assets

What the reserves are made of

USD millions, 2026-06. Almost entirely foreign-currency assets (cash and securities held abroad), with small holdings of gold and the IMF reserve tranche.

Foreign currency reserves USD 672 m · 98%
Gold USD 8 m · 1%
IMF reserve position USD 7 m · 1%
SDRs USD 1 m · 0%

Foreign currency reserves: securities vs. cash

USD millions, 2026-06. Securities (mostly foreign government bonds) typically earn more than bank deposits, at the cost of being slightly less liquid.

0 m273 m546 m819 m1.09 bn202420252026
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.

-1.03 bn-854 m-682 m-510 m-339 m202420252026
Predetermined short-term net drains