Mortgage loans reached 1.32 MVR bil in 2017 in Maldives, according to the National Central Bank. This is 204 % more than in the previous year.
Historically, mortgage loans in Maldives reached an all time high of 1.32 MVR bil in 2017 and an all time low of 0.127 MVR bil in 2012. When compared to Maldives's main peers, mortgage loans in India amounted to 9,093 INR bil, 408,352 IDR bil in Indonesia, 203 SGD bil in Singapore and 49.2 SKR bil in Sri Lanka in 2017.
Maldives has been ranked 86th within the group of 89 countries we follow in terms of mortgage loans.
A mortgage loan is a loan secured by real property through the use of a mortgage note.