Construction

6.41B
Rufiyaa Oct 2025
-1.0% vs. previous month
3.9% vs. same month previous year
6.48B
Rufiyaa Q3 2025
4.1% vs. previous quarter
-10.9% vs. same quarter previous year
6.09B
Rufiyaa 2024
1.5% vs. previous year
Month
Quarter
Year
Composition of Construction as at October 2025
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Composition of Construction as at Q3 2025
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Composition of Construction as at 2024
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Values in Billions (B) of Rufiyaa
1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Jan 0.07 0.13 0.13 0.13 0.17 0.24 0.30 0.55 1.08 1.36 1.28 1.12 1.13 1.22 1.33 1.78 2.49 3.40 3.87 4.92 5.30 5.73 5.84 5.79 6.05 6.11
Feb 0.07 0.13 0.13 0.13 0.17 0.25 0.31 0.58 1.11 1.37 1.28 1.11 1.16 1.21 1.37 1.83 2.57 3.49 3.95 4.95 5.35 5.72 5.82 5.68 6.07 6.20
Mar 0.08 0.13 0.13 0.14 0.18 0.25 0.31 0.62 1.14 1.36 1.26 1.11 1.18 1.21 1.40 1.87 2.63 3.58 4.07 5.00 5.38 5.73 5.81 5.68 6.10 6.27
Apr 0.09 0.14 0.14 0.14 0.17 0.25 0.33 0.64 1.19 1.35 1.27 1.13 1.19 1.21 1.44 2.03 2.74 3.66 4.27 5.03 5.41 5.79 5.80 5.71 6.10 6.39
May 0.09 0.11 0.15 0.14 0.19 0.26 0.34 0.76 1.21 1.32 1.09 1.14 1.16 1.12 1.50 2.07 2.84 3.75 4.40 5.05 5.40 5.82 5.80 5.71 7.09 6.30
Jun 0.09 0.12 0.16 0.14 0.20 0.26 0.37 0.72 1.38 1.31 1.10 1.14 1.22 1.12 1.52 2.23 2.90 3.25 4.49 5.08 5.41 5.82 5.79 5.76 7.20 6.22
Jul 0.10 0.12 0.16 0.15 0.22 0.28 0.38 0.73 1.42 1.31 1.12 1.14 1.17 1.13 1.54 2.32 2.94 3.37 4.57 5.10 5.43 5.83 5.79 5.78 7.24 6.29
Aug 0.10 0.12 0.16 0.15 0.21 0.29 0.39 0.93 1.31 1.30 1.14 1.14 1.17 1.13 1.52 2.36 3.06 3.48 4.68 5.12 5.55 5.90 5.75 5.82 7.29 6.23
Sep 0.10 0.13 0.14 0.16 0.22 0.29 0.42 0.30 1.33 1.27 1.14 1.16 1.18 1.24 1.35 2.42 3.12 3.55 4.74 5.15 5.59 5.90 5.89 5.87 7.27 6.48
Oct 0.11 0.13 0.14 0.16 0.22 0.28 0.43 0.96 1.34 1.27 1.12 1.16 1.17 1.26 1.35 2.24 3.19 3.66 4.76 5.22 5.59 5.89 5.86 5.89 6.17 6.41
Nov 0.12 0.13 0.14 0.17 0.24 0.29 0.49 1.07 1.36 1.27 1.12 1.17 1.19 1.27 1.68 2.31 3.25 3.67 4.81 5.24 5.66 5.83 5.84 5.94 6.15
Dec 0.01 0.01 0.02 0.03 0.03 0.05 0.06 0.07 0.07 0.12 0.14 0.14 0.17 0.24 0.30 0.53 1.05 1.37 1.26 1.12 1.19 1.21 1.27 1.74 2.44 3.34 3.72 4.84 5.31 5.72 5.84 5.83 6.00 6.09
1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Q1 0.08 0.13 0.13 0.14 0.18 0.25 0.31 0.62 1.14 1.36 1.26 1.11 1.18 1.21 1.40 1.87 2.63 3.58 4.07 5.00 5.38 5.73 5.81 5.68 6.10 6.27
Q2 0.09 0.12 0.16 0.14 0.20 0.26 0.37 0.72 1.38 1.31 1.10 1.14 1.22 1.12 1.52 2.23 2.90 3.25 4.49 5.08 5.41 5.82 5.79 5.76 7.20 6.22
Q3 0.10 0.13 0.14 0.16 0.22 0.29 0.42 0.30 1.33 1.27 1.14 1.16 1.18 1.24 1.35 2.42 3.12 3.55 4.74 5.15 5.59 5.90 5.89 5.87 7.27 6.48
Q4 0.01 0.01 0.02 0.03 0.03 0.05 0.06 0.07 0.07 0.12 0.14 0.14 0.17 0.24 0.30 0.53 1.05 1.37 1.26 1.12 1.19 1.21 1.27 1.74 2.44 3.34 3.72 4.84 5.31 5.72 5.84 5.83 6.00 6.09
1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
0.01 0.01 0.02 0.03 0.03 0.05 0.06 0.07 0.07 0.12 0.14 0.14 0.17 0.24 0.30 0.53 1.05 1.37 1.26 1.12 1.19 1.21 1.27 1.74 2.44 3.34 3.72 4.84 5.31 5.72 5.84 5.83 6.00 6.09
Notes

From June 2017 onwards, construction loans are reported as real estate loans when all proceeds under the loan have been advanced as per instructions in MMA financial returns.

Data
ID 2625
Range Dec 1991 - Oct 2025
Frequency Monthly
Source
Maldives Monetary Authority

© 2025, Maldives Monetary Authority