Table 7.3 Depository Corporations Survey, 2020 - 2026
(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)
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
2025
8,466.2
7,824.7
641.5
63,404.2
93,338.0
46,213.7
47,124.2
38,868.0
-29,933.8
71,870.4
28,461.5
43,408.9
 2025
23.3
155.7
-83.2
21.2
15.9
12.4
19.6
13.2
-6.2
21.4
23.7
19.9
42.2
2024 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
 2024 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
Nov-25
7,559.4
6,973.6
585.9
62,550.6
90,577.0
44,981.4
45,595.6
37,702.4
-28,026.4
70,110.0
27,833.5
42,276.5
 Nov-25
53.5
150.6
-72.7
15.1
11.7
10.1
13.3
8.7
-4.8
18.3
17.7
18.6
42.0
Dec-25
8,466.2
7,824.7
641.5
63,404.2
93,338.0
46,213.7
47,124.2
38,868.0
-29,933.8
71,870.4
28,461.5
43,408.9
 Dec-25
23.3
155.7
-83.2
21.2
15.9
12.4
19.6
13.2
-6.2
21.4
23.7
19.9
42.2
2026 Jan-26
10,188.5
8,881.2
1,307.2
63,515.8
93,669.9
45,911.6
47,758.2
38,934.2
-30,154.1
73,704.2
28,635.2
45,069.0
 2026 Jan-26
15.9
121.2
-72.6
20.3
16.3
11.7
21.2
13.4
-8.8
19.6
20.7
19.0
43.5
Feb-26
13,895.1
12,144.0
1,751.1
63,587.9
94,263.6
45,052.1
49,211.5
39,039.8
-30,675.7
77,483.0
30,562.3
46,920.8
 Feb-26
35.0
120.2
-63.3
18.8
16.5
8.9
24.5
13.2
-12.0
21.4
24.5
19.5
43.6
Mar-26
14,265.8
13,558.4
707.4
63,571.8
93,918.6
44,276.4
49,642.2
39,358.9
-30,346.8
77,837.5
29,501.7
48,335.8
 Mar-26
27.0
159.4
-88.2
18.1
14.9
6.0
24.1
13.8
-8.6
19.6
19.1
20.0
43.3
Apr-26
4,660.7
4,947.0
-286.3
73,485.8
103,741.6
53,176.8
50,564.8
40,306.1
-30,255.8
78,146.5
30,077.0
48,069.5
 Apr-26
-57.3
-16.5
-105.8
35.6
26.1
25.4
26.7
16.1
-7.7
20.0
20.8
19.6
42.4
May-26
5,354.7
5,470.8
-116.1
73,091.9
104,066.6
53,243.4
50,823.1
40,109.1
-30,974.7
78,446.7
30,818.3
47,628.4
 May-26
-36.4
-7.3
-104.6
29.3
24.1
23.6
24.7
14.7
-13.5
20.8
15.2
24.7
41.7
Jun-26
4,406.1
4,627.2
-221.2
74,109.2
105,537.4
53,884.1
51,653.3
41,160.7
-31,428.2
78,515.2
31,254.4
47,260.8
 Jun-26
-43.8
-20.1
-110.8
30.8
24.7
24.7
24.7
15.7
-12.4
21.7
19.7
23.0
41.2
Jul-26
3,857.7
4,261.6
-403.9
75,244.5
107,175.7
54,808.0
52,367.7
41,970.1
-31,931.2
79,102.1
30,963.3
48,138.8
 Jul-26
-43.6
-14.7
-121.9
30.9
25.2
25.4
24.9
16.3
-13.5
23.0
20.6
24.6
41.1
Aug-26
3,091.5
3,773.4
-681.9
76,420.1
109,221.6
55,186.9
54,034.8
42,916.8
-32,801.5
79,511.7
30,659.2
48,852.5
 Aug-26
-58.3
-26.7
-130.0
30.8
26.1
25.1
27.1
17.4
-16.3
20.8
19.2
21.8
41.3
Source: Maldives Monetary Authority
Note: Figures for June 2026 and July 2026 been revised.