Table 9.3 Financial Soundness Indicators of Other Sectors, 2018 - 2024 1/
(In percent)
Period Other Financial Corporations Households Real estate markets
Insurance Corporations OFCs' assets to total financial system assets 2/ OFCs' assets to gross domestic product 3/ Household debt to GDP 3/ Residential real estate loans to total gross loans Commercial real estate loans to total gross loans
Shareholder equity to total invested assets of insurance sector Combined ratio of Insurance sector Return on equity of insurance sector o/w o/w
Insurance Corporations' assets to total financial system assets Pension Fund's assets to total financial system assets Insurance Corporations' assets to GDP Pension Fund's assets to GDP
(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12)
2018
43.5
63.2
23.7
24.6
2.2
19.0
21.3
1.9
16.5
15.5
21.5
2.5
2019
45.5
76.6
25.3
25.5
2.1
19.3
20.9
1.8
15.8
14.6
20.8
2.8
2020
50.0
62.8
20.4
24.0
2.1
18.2
36.0
3.2
27.3
24.2
21.1
2.9
2021
44.9
50.3
14.5
22.8
2.2
16.9
29.1
2.8
21.6
17.5
17.3
2.1
2022
50.5
99.8
16.8
23.7
2.4
17.5
28.0
2.8
20.6
15.9
17.2
2.8
2023
44.7
92.0
16.0
24.0
2.4
18.2
28.7
2.8
21.7
16.2
17.1
3.4
2018 Q4
43.5
63.2
23.7
24.6
2.2
19.0
21.3
1.9
16.5
15.5
21.5
2.5
2019 Q1
43.8
51.5
30.4
24.0
2.2
18.2
18.8
1.7
14.3
13.4
20.4
2.8
Q2
43.4
48.3
29.4
25.0
2.3
19.1
19.4
1.8
14.8
13.7
20.9
2.7
Q3
47.7
58.1
26.4
25.8
2.4
19.7
20.0
1.8
15.3
14.1
20.8
2.7
Q4
45.5
76.6
25.3
25.5
2.1
19.3
20.9
1.8
15.8
14.6
20.8
2.8
2020 Q1
50.7
52.9
43.7
25.3
2.2
19.2
33.1
2.9
25.1
23.1
20.7
2.9
Q2
47.4
55.3
29.4
25.5
2.2
19.4
33.9
3.0
25.8
23.1
21.2
3.1
Q3
50.2
56.3
22.2
25.1
2.2
19.0
35.1
3.1
26.5
23.7
21.8
3.0
Q4
50.0
62.8
20.4
24.0
2.1
18.2
36.0
3.2
27.3
24.2
21.1
2.9
2021 Q1
51.5
47.6
24.9
23.9
2.3
17.9
26.4
2.6
19.8
17.4
20.7
2.3
Q2
54.0
35.4
22.8
23.9
2.2
17.9
27.2
2.6
20.4
17.4
20.8
2.3
Q3
54.1
42.8
18.2
23.9
2.3
17.8
28.1
2.7
21.0
17.6
19.7
2.3
Q4
44.9
50.3
14.5
22.8
2.2
16.9
29.1
2.8
21.6
17.5
17.3
2.1
2022 Q1
54.1
74.7
41.6
22.7
2.4
16.8
25.6
2.7
18.9
15.1
17.1
2.4
Q2
54.3
98.4
28.4
22.7
2.4
16.8
26.4
2.8
19.5
15.4
16.3
2.5
Q3
53.8
91.8
19.8
24.2
2.4
18.0
27.0
2.7
20.1
15.6
18.0
3.0
Q4
50.5
99.8
16.8
23.7
2.4
17.5
28.0
2.8
20.6
15.9
17.2
2.8
2023 Q1
47.0
59.9
11.1
23.4
2.3
17.4
26.7
2.6
19.9
15.1
16.5
2.4
Q2
48.7
72.2
17.6
23.8
2.2
18.0
27.2
2.5
20.5
15.4
17.5
2.6
Q3
42.6
76.4
19.7
24.4
2.5
18.4
28.1
2.9
21.1
15.8
17.7
3.6
Q4
44.7
92.0
16.0
24.0
2.4
18.2
28.7
2.8
21.7
16.2
17.1
3.4
2024 Q1
46.9
47.9
48.3
24.5
2.6
18.5
28.0
3.0
21.1
15.7
16.5
2.9
Q2
40.3
66.6
34.5
25.1
2.8
19.0
28.8
3.2
21.7
16.2
17.5
5.3
Q3
42.7
72.5
31.7
25.7
2.7
19.6
29.3
3.1
22.4
16.8
17.7
5.9
Source: Maldives Monetary Authority
1/This table has been compiled in line with the IMF 2019 Financial Soundness Indicators Compilation Guide.
2/Total financial system assets consists of total asset values for deposit takers, insurance corporations, pension funds and other financial intermediaries.
3/The GDP data used for the compilation of FSI is provided by the IMF.
Note: Figures from Q3 2015 onward have been revised. The revisions to GDP-related indicators from Q3 2015 onward reflect the updates to the GDP data in the IMF database.