Financial Sector / Depository Corporations Survey

Dollarization ratio

47.5%
Percent Oct 2022
No significant change vs. same month last year
46.9%
Percent Q3 2022
No significant change vs. same quarter last year
46.5%
Percent 2021
Month
Quarter
Year
Composition chart is not applicable for this series
Composition chart is not applicable for this series
Composition chart is not applicable for this series
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022
Jan 48.2% 47.1% 49.4% 50.2% 50.0% 50.0% 52.9% 46.2% 44.0% 46.7% 49.9% 52.5% 53.1% 54.1% 52.0% 49.6% 51.0% 50.6% 54.5% 46.8% 48.0%
Feb 47.0% 47.5% 50.5% 49.5% 49.1% 51.0% 53.0% 45.0% 44.6% 47.5% 49.8% 51.4% 54.3% 53.8% 52.1% 50.6% 50.9% 55.1% 54.3% 47.7% 48.6%
Mar 48.4% 48.9% 51.1% 48.5% 47.8% 51.8% 52.9% 44.8% 46.1% 45.7% 48.1% 51.7% 55.6% 52.6% 51.8% 49.5% 50.6% 55.2% 53.0% 47.2% 49.1%
Apr 48.0% 48.8% 51.5% 47.0% 48.1% 52.4% 52.7% 43.1% 46.4% 49.5% 48.2% 51.5% 53.7% 52.8% 51.8% 50.5% 50.2% 54.7% 51.2% 47.1% 48.9%
May 45.3% 49.6% 51.4% 47.2% 47.8% 51.5% 51.1% 43.8% 45.9% 48.7% 47.7% 49.5% 52.3% 51.8% 50.8% 48.2% 49.2% 53.4% 49.5% 45.7% 48.0%
Jun 43.3% 47.8% 51.3% 47.9% 45.8% 50.5% 50.5% 42.0% 44.4% 47.2% 47.3% 49.4% 51.5% 51.0% 50.0% 48.7% 47.9% 52.5% 48.2% 44.3% 49.6%
Jul 44.0% 48.3% 51.1% 48.6% 46.5% 52.3% 50.6% 41.7% 44.4% 49.0% 48.6% 49.6% 51.6% 51.6% 51.1% 48.3% 49.0% 52.5% 45.4% 43.8% 49.3%
Aug 44.8% 46.8% 51.6% 47.5% 46.4% 50.6% 48.0% 41.4% 44.7% 47.1% 48.9% 48.6% 51.8% 51.5% 51.1% 48.3% 47.5% 52.0% 44.4% 44.5% 47.8%
Sep 44.0% 48.6% 51.4% 46.2% 45.8% 50.0% 48.0% 40.8% 43.7% 47.4% 48.0% 48.9% 51.8% 51.9% 50.0% 48.1% 47.1% 51.8% 43.6% 43.2% 46.9%
Oct 44.4% 48.3% 52.4% 47.0% 46.4% 52.2% 45.9% 41.8% 45.6% 48.5% 48.2% 49.4% 52.5% 50.5% 50.5% 48.4% 46.8% 51.3% 42.6% 44.6% 47.5%
Nov 46.6% 49.6% 53.2% 49.3% 47.5% 53.4% 48.4% 42.0% 46.1% 49.1% 48.7% 50.4% 54.5% 51.4% 47.7% 48.0% 49.2% 52.0% 43.7% 46.4%
Dec 44.0% 46.1% 48.9% 53.5% 49.0% 48.4% 53.1% 46.9% 41.3% 47.1% 49.5% 49.2% 50.2% 53.7% 50.6% 48.5% 48.7% 48.8% 52.9% 45.7% 46.5%
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022
Q1 48.4% 48.9% 51.1% 48.5% 47.8% 51.8% 52.9% 44.8% 46.1% 45.7% 48.1% 51.7% 55.6% 52.6% 51.8% 49.5% 50.6% 55.2% 53.0% 47.2% 49.1%
Q2 43.3% 47.8% 51.3% 47.9% 45.8% 50.5% 50.5% 42.0% 44.4% 47.2% 47.3% 49.4% 51.5% 51.0% 50.0% 48.7% 47.9% 52.5% 48.2% 44.3% 49.6%
Q3 44.0% 48.6% 51.4% 46.2% 45.8% 50.0% 48.0% 40.8% 43.7% 47.4% 48.0% 48.9% 51.8% 51.9% 50.0% 48.1% 47.1% 51.8% 43.6% 43.2% 46.9%
Q4 44.0% 46.1% 48.9% 53.5% 49.0% 48.4% 53.1% 46.9% 41.3% 47.1% 49.5% 49.2% 50.2% 53.7% 50.6% 48.5% 48.7% 48.8% 52.9% 45.7% 46.5%
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
44.0% 46.1% 48.9% 53.5% 49.0% 48.4% 53.1% 46.9% 41.3% 47.1% 49.5% 49.2% 50.2% 53.7% 50.6% 48.5% 48.7% 48.8% 52.9% 45.7% 46.5%
Definition & Notes

What is Dollarization ratio?

Dollarization ratio is calculated in countries where are a foreign currency is determined as a legal tender. In the case of Maldives, this ratio determines how much we are dependent on US dollars

Data
ID 2307
Range Dec 2001 - Oct 2022
Frequency Monthly
Source
Maldives Monetary Authority
© 2022 Maldives Monetary Authority