Maldives—Fiscal Balance (% of GDP)
Category: Fiscal & MonetarySource: IMF World Economic Outlook ↗Global Rank: #186 of 192Updated August 2026
Latest Value
-6.7%
2031
YoY Change
+20.2%
2030 → 2031
Global Rank
#186
of 192 countries
Maximum
-2.3%
2004
Minimum
-23.7%
2020
Last
-6.7%
Previous
-8.4%
Highest
-2.3%
Lowest
-23.7%
Unit
Percent of GDP
Source
IMF World Economic Outlook
Maldives's fiscal balance (% of GDP) was -11.2% in 2026, ranking #186 out of 192 countries. This represents a +20.2% change from 2030. Over the past 27 years, the highest recorded value was -2.3% (2004) and the lowest was -23.7% (2020). The IMF WEO projects -6.7% by 2031. Data sourced from the IMF World Economic Outlook.
Actual
IMF Forecast
Source: IMF World Economic Outlook
Historical Data
| Year | Value | Change |
|---|---|---|
| 2031 | -6.7% | +20.2% |
| 2030 | -8.4% | +3.4% |
| 2029 | -8.7% | +2.2% |
| 2028 | -8.9% | +2.2% |
| 2027 | -9.1% | +18.7% |
| 2026 | -11.2% | -286.2% |
| 2025 | -2.9% | +75.0% |
| 2024 | -11.6% | +12.1% |
| 2023 | -13.2% | -17.9% |
| 2022 | -11.2% | +21.1% |
| 2021 | -14.2% | +40.1% |
| 2020 | -23.7% | -264.6% |
| 2019 | -6.5% | -25.0% |
| 2018 | -5.2% | -73.3% |
| 2017 | -3.0% | +69.7% |
| 2016 | -9.9% | -52.3% |
| 2015 | -6.5% | -170.8% |
| 2014 | -2.4% | +31.4% |
| 2013 | -3.5% | +49.3% |
| 2012 | -6.9% | +14.8% |
| 2011 | -8.1% | +40.4% |
| 2010 | -13.6% | +24.0% |
| 2009 | -17.9% | -80.8% |
| 2008 | -9.9% | -209.4% |
| 2007 | -3.2% | +28.9% |
| 2006 | -4.5% | +42.3% |
| 2005 | -7.8% | -239.1% |
| 2004 | -2.3% | +32.4% |
| 2003 | -3.4% | +15.0% |
| 2002 | -4.0% | +0.0% |
| 2001 | -4.0% | -2.6% |
| 2000 | -3.9% |
IMF Forecast
Projections from the IMF World Economic Outlook. These are staff estimates, not guarantees.
| Year | Projected Value | Change from Previous |
|---|---|---|
| 2026Forecast | -11.2% | -286.2% |
| 2027Forecast | -9.1% | +18.7% |
| 2028Forecast | -8.9% | +2.2% |
| 2029Forecast | -8.7% | +2.2% |
| 2030Forecast | -8.4% | +3.4% |
| 2031Forecast | -6.7% | +20.2% |
Top Countries — Fiscal Balance (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Kuwait | 27.6% | 2026 |
| 2 | Naoero | 13.1% | 2026 |
| 3 | Norway | 10.2% | 2026 |
| 4 | Oman | 5.2% | 2026 |
| 5 | United Arab Emirates | 4.9% | 2026 |
| 6 | Macao SAR, China | 4.2% | 2026 |
| 7 | Lesotho | 4.2% | 2026 |
| 8 | Singapore | 3.3% | 2026 |
| 9 | Lebanon | 3.3% | 2025 |
| 10 | Liechtenstein | 3.0% | 2026 |
About This Indicator
Definition
General government net lending/borrowing as a percentage of GDP. A positive value indicates a fiscal surplus; negative indicates a deficit.
Methodology
Revenue minus expenditure minus net acquisition of nonfinancial assets, as a percentage of GDP. A comprehensive measure of the fiscal balance.
Unit
Percent of GDP