#29MMA Annual Report 2023

PublisherMaldives Monetary Authority
Typeannual_report
Published2025-11-19
Coverage2023-01-01 → 2023-12-31
Pages257
Statuspublished

The MMA Annual Report 2023 reviews the Maldivian economy and central bank operations for 2023. Real GDP growth was estimated at 4.0% (later revised upward), with inflation averaging 2.9%, up from 2.3% in 2022 following the G-GST rate hike. Central government debt rose to MVR 110.2 billion (102.7% of GDP) and public and publicly guaranteed debt to MVR 124.2 billion (115.9% of GDP), while gross international reserves stood at US$590.5 million at end-2023.

Extracted observations (8)

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IndicatorGeoPeriodValueCitationPreferred
Real GDP growthMV20234p. iii
CPI inflationMV20232.9p. iii
CPI inflationMV20222.3p. 4
Central government debtMV2023••••••
Central government debtMV2022••••••
Public and publicly guaranteed debtMV2023••••••
Public and publicly guaranteed debtMV2022••••••
Gross international reservesMV2023••••••