| Table
15.6 : BALANCE OF PAYMENTS,
2006 - 2008 |
| (In
millions of U.S. dollars) |
|
2004 |
2005 |
2006 |
2007 |
2008 |
| Items |
|
|
|
|
(Est) |
| |
|
|
|
|
11.03.2009 |
| |
|
|
|
|
|
| A. Current
Account |
-122.3 |
-273.0 |
-302.0 |
-437.8 |
-590.5 |
| Balance on goods |
-383.8 |
-493.8 |
-590.1 |
-736.8 |
-890.5 |
| Goods: credit |
181.0 |
161.6 |
225.2 |
228.0 |
330.5 |
| Domestic exports f.o.b. |
127.9 |
103.5 |
135.1 |
107.8 |
125.9 |
| Other |
53.1 |
58.1 |
90.2 |
120.2 |
204.6 |
| Goods: debit |
-564.8 |
-655.5 |
-815.3 |
-964.7 |
-1221.0 |
| Imports f.o.b. |
-564.8 |
-655.5 |
-815.3 |
-964.7 |
-1221.0 |
| Balance on services |
350.2 |
109.8 |
320.7 |
379.8 |
416.2 |
| Services: credit |
507.7 |
322.9 |
551.9 |
649.1 |
764.5 |
| Travel |
470.9 |
286.6 |
512.4 |
602.4 |
696.3 |
| Services: debit |
-157.4 |
-213.1 |
-231.2 |
-269.3 |
-348.2 |
| Balance on income |
-35.2 |
-31.0 |
-40.8 |
-67.2 |
-64.1 |
| Income: credit |
9.8 |
10.9 |
15.6 |
21.7 |
17.7 |
| Income: debit |
-44.9 |
-41.8 |
-56.3 |
-88.9 |
-81.7 |
| Balance on current transfers |
-53.6 |
142.0 |
8.2 |
-13.7 |
-52.2 |
| Current
transfers: credit 1_/ |
|
7.6 |
211.5 |
91.3 |
91.5 |
76.2 |
| Current transfers: debit |
-61.1 |
-69.5 |
-83.2 |
-105.2 |
-128.4 |
|
|
|
|
|
|
| B. Capital
Account |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
|
|
|
|
|
| C. Financial
Account |
150.3 |
263.8 |
294.2 |
442.0 |
468.9 |
| Direct Investment (net) |
14.7 |
9.5 |
13.9 |
15.0 |
15.4 |
| Direct investment in Maldives |
14.7 |
9.5 |
13.9 |
15.0 |
15.4 |
| Other Investment (net) |
135.6 |
254.3 |
280.3 |
427.0 |
453.5 |
| Other investment assets |
107.0 |
162.2 |
113.0 |
183.4 |
312.4 |
| Banks |
-18.4 |
32.2 |
-20.9 |
-14.3 |
22.4 |
| Other sectors |
125.3 |
130.0 |
133.9 |
197.7 |
290.0 |
| Other investment liabilities |
28.6 |
92.1 |
167.3 |
243.6 |
141.1 |
| Monetary authorities |
0.1 |
6.3 |
0.0 |
0.0 |
-2.4 |
| General government |
25.0 |
18.6 |
42.2 |
36.0 |
66.2 |
|
|
25.0 |
18.6 |
42.2 |
36.0 |
66.2 |
| Disbursements |
46.5 |
42.5 |
62.8 |
65.0 |
100.8 |
| Amortizations |
-21.6 |
-23.9 |
-20.7 |
-29.0 |
-34.6 |
| Banks |
3.6 |
67.2 |
125.2 |
207.6 |
77.3 |
| Other sectors |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
|
|
|
|
|
| D. Net Errors
and Omissions (sum of A, B, C & E) |
16.2 |
-8.0 |
52.9 |
72.7 |
53.9 |
|
|
|
|
|
|
| Overall balance (A+B+C+D) |
44.2 |
-17.3 |
45.1 |
76.9 |
-67.8 |
|
|
|
|
|
|
| E. Reserves
and Related Items |
-44.2 |
17.3 |
-45.1 |
-76.9 |
67.8 |
| Reserve assets |
-44.2 |
17.3 |
-45.1 |
-76.9 |
67.8 |
| Borrowing from IMF |
0.0 |
6.2 |
0.0 |
0.0 |
0.0 |
|
|
|
|
|
|
| Memorandum
Items |
|
|
|
|
|
| Goods and Services |
-33.6 |
-384.0 |
-269.4 |
-356.9 |
-474.3 |
| Exports of Goods & Services
(XGS) |
688.6 |
484.5 |
777.1 |
877.1 |
1095.0 |
| Current Account as a % of GDP |
15.8 |
36.4 |
33.0 |
41.5 |
46.9 |
| Source:
Maldives Monetary Authority. |
|
|
|
|
|
|
|
|
|
|
|