Table 7.1 Central Bank Survey, 2020 - 2026
(Millions of MVR)
Period Net foreign assets Net domestic assets Monetary base Period y/y % change
Claims on nonresidents Liabilities to nonresidents Domestic claims Other items (net) Currency in circulation Liabilities to ODC Liabilities to other sectors Net foreign assets Claims on nonresidents Liabilities to nonresidents Net domestic assets Domestic claims Net claims on central govt. Claims on central govt. Claims on other sectors Other items (net) Monetary base Currency in circulation Liabilities to ODC
Net claims on central govt. Claims on other sectors
o/w
Claims on central govt.
(2 + 3) (5 +9) (6 + 8) (11 to 13)
(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (13) (14) (15) (16) (17) (18) (19) (20) (21) (22) (23) (24) (25)
2020
8,497.0
15,186.9
-6,689.9
3,751.7
8,974.1
8,277.8
9,397.8
696.2
-5,222.3
12,248.7
3,942.1
8,306.6
-
 2020
-22.8
30.9
1,037.8
3,796.7
191.6
175.9
51.9
796.1
-75.2
10.3
9.5
10.7
2021
11,265.4
12,410.5
-1,145.1
1,163.7
7,880.5
7,650.5
9,696.6
229.9
-6,716.7
12,429.1
3,790.7
8,638.5
-
 2021
32.6
-18.3
-82.9
-69.0
-12.2
-7.6
3.2
-67.0
-28.6
1.5
-3.8
4.0
2022
10,376.9
12,823.4
-2,446.5
2,329.2
9,669.7
9,588.5
12,355.6
81.2
-7,340.4
12,706.1
3,726.3
8,979.8
-
 2022
-7.9
3.3
113.7
100.2
22.7
25.3
27.4
-64.7
-9.3
2.2
-1.7
4.0
2023
8,211.2
9,103.1
-892.0
4,437.5
12,693.4
12,612.0
14,606.8
81.4
-8,255.9
12,648.7
4,046.1
8,391.6
210.9
 2023
-20.9
-29.0
-63.5
90.5
31.3
31.5
18.2
0.4
-12.5
-0.5
8.6
-6.6
2024
3,059.5
10,400.4
-7,340.9
8,514.0
15,075.0
12,697.9
14,383.7
2,377.1
-6,561.0
11,573.5
4,228.6
7,344.8
-
 2024
-62.7
14.3
723.0
91.9
18.8
0.7
-1.5
2,818.7
20.5
-8.5
4.5
-12.5
2025
7,824.7
15,191.2
-7,366.6
5,660.8
14,789.1
11,291.0
14,169.7
3,498.1
-9,128.3
13,485.4
4,748.5
8,737.0
-
 2025
155.7
46.1
0.3
-33.5
-1.9
-11.1
-1.5
47.2
-39.1
16.5
12.3
19.0
2024 May-24
6,968.8
7,588.7
-619.9
5,195.4
12,595.1
12,515.1
14,508.4
80.0
-7,399.7
12,164.2
4,201.4
7,962.8
-
 2024 May-24
-25.5
-34.2
-71.5
31.7
6.2
6.2
0.8
-0.4
6.6
-8.6
7.3
-13.2
Jun-24
6,813.1
7,861.2
-1,048.1
5,715.4
12,739.8
12,660.1
14,490.0
79.7
-7,024.4
12,528.5
4,202.9
8,325.6
-
 Jun-24
-16.8
-27.3
-60.0
21.6
2.8
2.8
10.0
3.7
8.6
-2.8
2.9
-3.1
Jul-24
5,520.8
6,102.7
-581.9
5,536.9
12,508.5
12,429.0
14,475.8
79.6
-6,971.7
11,057.7
4,212.4
6,845.2
-
 Jul-24
-21.8
-33.2
-72.0
17.5
1.4
1.4
4.7
4.3
8.5
-6.1
4.8
-9.3
Aug-24
5,906.4
6,849.3
-942.8
5,453.6
12,193.9
12,115.8
14,457.2
78.1
-6,740.3
11,360.0
4,256.2
7,103.7
-
 Aug-24
-28.0
-36.0
-62.3
20.9
-2.1
-2.1
0.8
3.6
15.2
-10.6
4.0
-15.5
Sep-24
5,135.8
5,718.4
-582.6
6,117.2
12,726.2
12,648.3
14,438.6
78.0
-6,609.0
11,253.1
4,224.8
7,028.2
-
 Sep-24
-29.0
-37.5
-69.6
13.3
-3.9
-3.9
2.3
3.9
15.7
-10.9
-2.3
-13.2
Oct-24
2,260.9
9,480.8
-7,219.9
8,326.1
14,920.5
12,985.3
14,420.1
1,935.2
-6,594.4
10,586.9
4,249.6
6,337.3
-
 Oct-24
-63.2
11.3
204.8
48.3
11.3
-2.6
0.5
2,390.9
15.4
-10.0
1.9
-14.2
Nov-24
2,782.6
9,492.0
-6,709.4
8,335.4
14,989.7
12,969.4
14,401.7
2,020.3
-6,654.4
11,117.9
4,202.4
6,915.5
-
 Nov-24
-58.8
6.0
205.5
54.8
11.1
-3.3
0.2
2,532.9
17.9
-8.4
5.0
-12.8
Dec-24
3,059.5
10,400.4
-7,340.9
8,514.0
15,075.0
12,697.9
14,383.7
2,377.1
-6,561.0
11,573.5
4,228.6
7,344.8
-
 Dec-24
-62.7
14.3
723.0
91.9
18.8
0.7
-1.5
2,818.7
20.5
-8.5
4.5
-12.5
2025 Jan-25
4,015.3
10,927.6
-6,912.2
7,390.2
14,857.5
12,468.1
14,362.9
2,389.4
-7,467.3
11,405.5
4,157.5
7,248.0
-
 2025 Jan-25
-47.9
28.7
778.1
43.5
16.7
-1.4
-1.5
2,923.9
1.5
-11.3
2.6
-17.7
Feb-25
5,514.8
12,831.4
-7,316.6
7,358.7
14,912.1
12,510.6
14,352.0
2,401.5
-7,553.4
12,873.5
4,232.0
8,641.5
-
 Feb-25
-30.2
41.3
516.2
75.1
16.6
-1.6
-1.5
2,739.5
12.1
6.4
5.1
7.1
Mar-25
5,227.3
12,206.1
-6,978.9
7,587.6
14,412.2
12,001.6
14,323.5
2,410.6
-6,824.5
12,814.9
4,416.1
8,398.9
-
 Mar-25
-31.5
46.0
859.3
61.9
14.7
-3.8
-1.5
2,710.9
13.4
4.0
4.2
4.0
Apr-25
5,924.7
13,213.8
-7,289.2
7,025.9
14,252.7
11,955.5
14,300.5
2,297.3
-7,226.8
12,950.6
4,366.0
8,584.6
-
 Apr-25
-28.1
37.7
440.0
45.8
10.2
-6.9
-1.6
2,507.2
10.9
-0.9
-0.2
-1.2
May-25
5,903.1
12,589.1
-6,686.0
5,924.3
14,239.0
11,919.6
14,281.4
2,319.4
-8,314.7
11,827.3
4,373.5
7,453.9
-
 May-25
-15.3
65.9
978.6
14.0
13.1
-4.8
-1.6
2,798.8
-12.4
-2.8
4.1
-6.4
Jun-25
5,790.2
12,845.0
-7,054.8
6,598.1
14,160.9
11,831.1
14,250.2
2,329.9
-7,562.8
12,388.3
4,420.9
7,967.4
-
 Jun-25
-15.0
63.4
573.1
15.4
11.2
-6.5
-1.7
2,824.5
-7.7
-1.1
5.2
-4.3
Jul-25
4,996.9
11,952.1
-6,955.2
5,825.4
13,623.9
11,607.0
14,269.7
2,016.9
-7,798.5
10,822.4
4,470.3
6,352.1
-
 Jul-25
-9.5
95.8
1,095.2
5.2
8.9
-6.6
-1.4
2,435.3
-11.9
-2.1
6.1
-7.2
Aug-25
5,145.9
12,500.1
-7,354.2
5,864.9
13,424.5
11,054.8
14,253.1
2,369.7
-7,559.6
11,010.8
4,477.0
6,533.8
-
 Aug-25
-12.9
82.5
680.0
7.5
10.1
-8.8
-1.4
2,936.1
-12.2
-3.1
5.2
-8.0
Sep-25
6,241.3
13,262.0
-7,020.7
5,543.0
12,793.9
10,427.4
14,234.1
2,366.5
-7,250.8
11,784.3
4,510.3
7,274.1
-
 Sep-25
21.5
131.9
1,105.1
-9.4
0.5
-17.6
-1.4
2,935.2
-9.7
4.7
6.8
3.5
Oct-25
6,155.5
13,367.5
-7,212.0
5,580.2
12,668.6
10,304.8
14,215.1
2,363.8
-7,088.4
11,735.7
4,593.0
7,142.7
-
 Oct-25
172.3
41.0
-0.1
-33.0
-15.1
-20.6
-1.4
22.1
-7.5
10.9
8.1
12.7
Nov-25
6,973.6
13,679.3
-6,705.8
5,247.7
13,060.8
10,667.3
14,196.3
2,393.5
-7,813.1
12,221.2
4,605.5
7,615.7
-
 Nov-25
150.6
44.1
-0.1
-37.0
-12.9
-17.7
-1.4
18.5
-17.4
9.9
9.6
10.1
Dec-25
7,824.7
15,191.2
-7,366.6
5,660.8
14,789.1
11,291.0
14,169.7
3,498.1
-9,128.3
13,485.4
4,748.5
8,737.0
-
 Dec-25
155.7
46.1
0.3
-33.5
-1.9
-11.1
-1.5
47.2
-39.1
16.5
12.3
19.0
2026 Jan-26
8,881.2
15,832.2
-6,950.9
4,082.9
13,518.1
9,517.6
14,148.5
4,000.6
-9,435.3
12,964.1
4,740.5
8,223.6
-
 2026 Jan-26
121.2
44.9
0.6
-44.8
-9.0
-23.7
-1.5
67.4
-26.4
13.7
14.0
13.5
Feb-26
12,144.0
19,616.5
-7,472.5
1,140.9
11,850.7
8,224.6
14,137.4
3,626.1
-10,709.8
13,284.9
4,821.9
8,463.0
-
 Feb-26
120.2
52.9
2.1
-84.5
-20.5
-34.3
-1.5
51.0
-41.8
3.2
13.9
-2.1
Mar-26
13,558.4
20,545.1
-6,986.7
-840.2
11,034.8
7,561.1
14,108.3
3,473.7
-11,875.1
12,718.1
5,020.9
7,697.2
-
 Mar-26
159.4
68.3
0.1
-111.1
-23.4
-37.0
-1.5
44.1
-74.0
-0.8
13.7
-8.4
Apr-26
4,947.0
11,079.2
-6,132.1
7,679.4
16,095.2
12,383.2
14,088.5
3,712.1
-8,415.8
12,626.4
5,014.9
7,611.5
-
 Apr-26
-16.5
-16.2
-15.9
9.3
12.9
3.6
-1.5
61.6
-16.5
-2.5
14.9
-11.3
Source: Maldives Monetary Authority
Note: The increase in net claims on central government (column 6) as at the end of April 2026 compared to the previous month mainly resulted from the decline in Sovereign Development Fund balances at the MMA.