Table 7.3 Depository Corporations Survey, 2019 - 2025
(Millions of MVR)
Period Net foreign assets Net domestic assets Broad money Period y/y % change Memorandum items
Central bank ODC Domestic claims Other items (net) Narrow money Quasi money Net foreign assets Central bank ODC Net domestic assets Domestic claims Net claims on central govt. Claims on other sectors Claims on pvt. sectors Other items (net) Broad money Narrow money Quasi money Dollarization ratio
Net claims on central govt. Claims on other sectors
o/w
Claims on pvt. sectors
(2+3) (5+9) (6+7) (11+12)
(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)
2019
13,041.8
11,009.9
2,031.9
23,199.6
40,582.5
13,298.7
27,283.8
24,789.6
-17,382.8
36,241.4
14,556.9
21,684.5
 2019
32.8
21.4
169.6
-0.3
3.4
2.3
4.0
7.4
-8.8
9.5
-0.2
17.2
52.9
2020
6,617.9
8,497.0
-1,879.1
34,767.0
54,641.2
24,733.4
29,907.7
27,168.0
-19,874.1
41,385.0
19,002.6
22,382.4
 2020
-49.3
-22.8
-192.5
49.9
34.6
86.0
9.6
9.6
-14.3
14.2
30.5
3.2
45.7
2021
14,163.3
11,265.4
2,897.9
38,058.4
59,447.2
27,703.3
31,743.9
28,161.0
-21,388.8
52,221.7
22,343.0
29,878.6
 2021
114.0
32.6
254.2
9.5
8.8
12.0
6.1
3.7
-7.6
26.2
17.6
33.5
46.5
2022
12,217.7
10,376.9
1,840.8
43,157.0
66,830.5
33,175.9
33,654.7
29,441.3
-23,673.5
55,374.7
22,400.7
32,974.0
 2022
-13.7
-7.9
-36.5
13.4
12.4
19.8
6.0
4.5
-10.7
6.0
0.3
10.4
47.9
2023
9,485.5
8,211.2
1,274.3
49,756.2
76,029.2
38,155.0
37,874.2
32,178.2
-26,273.0
59,241.7
23,392.2
35,849.4
 2023
-22.4
-20.9
-30.8
15.3
13.8
15.0
12.5
9.3
-11.0
7.0
4.4
8.7
46.8
2024
6,868.9
3,059.5
3,809.4
52,330.6
80,521.7
41,126.5
39,395.2
34,341.0
-28,191.1
59,199.5
23,006.4
36,193.1
 2024
-27.6
-62.7
198.9
5.2
5.9
7.8
4.0
6.7
-7.3
-0.1
-1.6
1.0
44.7
2023 Nov-23
7,975.0
6,757.3
1,217.7
50,337.1
75,379.3
38,284.1
37,095.2
31,922.7
-25,042.2
58,312.1
23,112.1
35,199.9
 2023 Nov-23
-18.7
-23.0
17.3
16.0
13.9
15.3
12.5
10.4
-9.8
9.6
7.0
11.5
46.6
Dec-23
9,485.5
8,211.2
1,274.3
49,756.2
76,029.2
38,155.0
37,874.2
32,178.2
-26,273.0
59,241.7
23,392.2
35,849.4
 Dec-23
-22.4
-20.9
-30.8
15.3
13.8
15.0
12.5
9.3
-11.0
7.0
4.4
8.7
46.8
2024 Jan-24
10,828.3
7,703.0
3,125.3
49,765.5
75,580.2
37,638.6
37,941.6
32,111.8
-25,814.8
60,593.8
23,254.8
37,339.0
 2024 Jan-24
-19.1
-22.6
-8.7
16.0
13.1
12.8
13.5
10.0
-8.0
7.7
7.2
7.9
48.6
Feb-24
11,851.9
7,895.4
3,956.5
48,986.0
75,086.2
37,222.0
37,864.2
32,198.2
-26,100.2
60,837.9
22,704.5
38,133.5
 Feb-24
-12.0
-17.8
2.3
11.5
10.6
8.8
12.5
9.4
-9.1
6.0
2.6
8.1
49.2
Mar-24
10,490.9
7,630.1
2,860.8
49,928.5
75,318.4
37,653.1
37,665.3
32,067.2
-25,389.9
60,419.4
22,721.8
37,697.6
 Mar-24
-21.6
-20.2
-25.1
10.2
9.2
6.7
11.7
8.4
-7.1
3.0
1.5
3.9
48.9
Apr-24
10,279.9
8,245.3
2,034.6
50,576.1
76,199.2
38,101.8
38,097.4
32,543.9
-25,623.1
60,856.1
22,976.7
37,879.4
 Apr-24
-22.5
-8.1
-52.6
8.2
7.6
3.6
12.0
9.8
-6.4
1.4
0.4
2.1
48.4
May-24
7,396.8
6,968.8
428.0
51,498.3
76,982.3
38,279.1
38,703.2
33,131.2
-25,484.0
58,895.1
23,085.9
35,809.2
 May-24
-38.9
-25.5
-84.4
9.7
8.5
5.0
12.1
10.3
-6.1
-0.3
-0.7
-0.0
46.4
Jun-24
6,348.6
6,813.1
-464.5
51,906.6
77,889.3
38,623.9
39,265.4
33,522.5
-25,982.7
58,255.2
23,256.5
34,998.7
 Jun-24
-33.2
-16.8
-135.1
8.3
8.0
3.4
12.9
11.1
-7.4
1.4
-1.5
3.5
45.2
Jul-24
4,704.9
5,520.8
-815.9
52,267.6
78,380.5
38,695.9
39,684.7
34,006.6
-26,113.0
56,972.5
22,795.1
34,177.4
 Jul-24
-44.8
-21.8
-155.8
9.2
8.9
5.6
12.4
11.7
-8.4
1.0
-0.3
2.0
44.9
Aug-24
4,586.9
5,906.4
-1,319.5
52,853.1
79,371.3
39,410.2
39,961.2
34,375.4
-26,518.2
57,440.0
23,121.1
34,319.0
 Aug-24
-49.5
-28.0
-248.6
9.4
9.1
7.8
10.4
11.4
-8.5
0.1
-1.8
1.4
44.4
Sep-24
3,463.8
5,135.8
-1,672.1
53,378.3
80,351.6
40,001.3
40,350.3
34,707.1
-26,973.4
56,842.0
23,521.6
33,320.4
 Sep-24
-51.6
-29.0
-2,215.0
8.0
8.4
7.0
9.8
10.5
-9.1
0.5
0.7
0.3
43.1
Oct-24
2,632.4
2,260.9
371.5
53,841.5
81,107.5
40,650.3
40,457.2
34,721.3
-27,266.0
56,473.9
23,135.7
33,338.2
 Oct-24
-63.8
-63.2
-66.6
7.6
8.2
7.1
9.3
9.6
-9.4
-1.4
0.5
-2.7
42.9
Nov-24
4,924.8
2,782.6
2,142.3
54,357.8
81,095.8
40,843.7
40,252.1
34,676.5
-26,738.1
59,282.6
23,639.7
35,642.9
 Nov-24
-38.2
-58.8
75.9
8.0
7.6
6.7
8.5
8.6
-6.8
1.7
2.3
1.3
44.3
Dec-24
6,868.9
3,059.5
3,809.4
52,330.6
80,521.7
41,126.5
39,395.2
34,341.0
-28,191.1
59,199.5
23,006.4
36,193.1
 Dec-24
-27.6
-62.7
198.9
5.2
5.9
7.8
4.0
6.7
-7.3
-0.1
-1.6
1.0
44.7
2025 Jan-25
8,793.4
4,015.3
4,778.0
52,815.9
80,523.4
41,115.7
39,407.7
34,337.5
-27,707.5
61,609.3
23,726.4
37,882.9
 2025 Jan-25
-18.8
-47.9
52.9
6.1
6.5
9.2
3.9
6.9
-7.3
1.7
2.0
1.5
45.5
Feb-25
10,290.5
5,514.8
4,775.7
53,531.9
80,911.0
41,376.4
39,534.6
34,482.9
-27,379.1
63,822.4
24,548.2
39,274.2
 Feb-25
-13.2
-30.2
20.7
9.3
7.8
11.2
4.4
7.1
-4.9
4.9
8.1
3.0
45.6
Mar-25
11,233.1
5,227.3
6,005.9
53,831.9
81,770.8
41,772.4
39,998.4
34,583.8
-27,938.9
65,065.0
24,769.5
40,295.6
 Mar-25
7.1
-31.5
109.9
7.8
8.6
10.9
6.2
7.8
-10.0
7.7
9.0
6.9
46.0
Apr-25
10,902.3
5,924.7
4,977.7
54,207.3
82,301.3
42,389.8
39,911.5
34,701.9
-28,094.0
65,109.6
24,906.5
40,203.1
 Apr-25
6.1
-28.1
144.7
7.2
8.0
11.3
4.8
6.6
-9.6
7.0
8.4
6.1
45.3
May-25
8,416.6
5,903.1
2,513.6
56,537.9
83,839.1
43,085.5
40,753.6
34,968.6
-27,301.2
64,954.5
26,745.0
38,209.5
 May-25
13.8
-15.3
487.3
9.8
8.9
12.6
5.3
5.5
-7.1
10.3
15.9
6.7
41.8
Jun-25
7,837.2
5,790.2
2,047.0
56,678.5
84,644.9
43,223.4
41,421.5
35,584.2
-27,966.4
64,515.7
26,100.4
38,415.2
 Jun-25
23.4
-15.0
540.7
9.2
8.7
11.9
5.5
6.2
-7.6
10.7
12.2
9.8
42.2
Jul-25
6,843.5
4,996.9
1,846.6
57,480.3
85,612.2
43,690.4
41,921.8
36,075.0
-28,132.0
64,323.8
25,677.8
38,646.0
 Jul-25
45.5
-9.5
326.3
10.0
9.2
12.9
5.6
6.1
-7.7
12.9
12.6
13.1
41.8
Aug-25
7,419.5
5,145.9
2,273.6
58,419.1
86,626.3
44,110.3
42,516.0
36,566.7
-28,207.2
65,838.6
25,731.4
40,107.2
 Aug-25
61.8
-12.9
272.3
10.5
9.1
11.9
6.4
6.4
-6.4
14.6
11.3
16.9
42.7
Sep-25
7,100.5
6,241.3
859.2
59,176.1
87,405.0
43,921.8
43,483.2
37,390.8
-28,228.8
66,276.6
25,955.9
40,320.7
 Sep-25
105.0
21.5
151.4
10.9
8.8
9.8
7.8
7.7
-4.7
16.6
10.3
21.0
42.3
Oct-25
6,155.5
6,155.5
-0.0
61,407.8
88,982.7
44,403.5
44,579.3
37,445.8
-27,575.0
67,563.2
26,876.7
40,686.6
 Oct-25
133.8
172.3
-100.0
14.1
9.7
9.2
10.2
7.8
-1.1
19.6
16.2
22.0
41.5
Source: Maldives Monetary Authority
Note: Figures for June 2025 have been revised.