Debt Data Visualization and Analysis of

Maldives

MKTM504: Business Analytics – II

Academic Assignment 2

Name: Ashish Rathore

Section: Q2145
Reg No: 12101635
Roll No: RQ2145B37
Submitted To: Ggandeep singh
Date of Submission: 26/05/2022

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 ACADEMIC TASK NO-2
Course Code: MKTM501

Course Title: Business Analytics – II

Course Instructor: Mr. Ggandeep singh

Academic Task No: 2

Academic Task Title: Debt Data Visualization and Analysis of Maldives

Name – ASHISH RATHORE

Date of Allotment:

Date of submission: 26th May 2022

Student’s Roll no: RQ2145B37

Student’s Reg. no: 12101635

Evaluation Parameters:

Learning Outcomes:
Declaration:
I declare that this Assignment is my individual work. I have not copied it from any
other student’s work or from any other source except where due acknowledgement
is made explicitly in the text, nor has any part been written for me by any other
person.
Student Signature:
Evaluator’s comments (For Instructor’s use only)

General Observations Suggestions for Best part of assignment

Improvement

Evaluator’s Signature and Date:

Marks Obtained: Max. Marks: ………………

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 Debt Data Visualization and Analysis of Maldives

The Country - Maldives:

The Maldives, often known as the Republic of Maldives, is an independent island country
in the north-central Indian Ocean. In the Maldives, tourism is the primary source of
economic growth, tax revenue, and foreign exchange profits. The Maldives' economy is
expected to grow at 7.6% in 2022 and fully recover to pre-pandemic levels by 2023, thanks
to a robust resurgence in tourism, but the country's high debt levels are a big concern,
according to the World Bank.

Indicator - Debt:
Debt:
From 2010 to 2020, Maldives' external debt averaged 1.08 USD billion, with a high of 2
USD billion in 2020 and a low of 0.7 USD billion in 2015.

Important terms:
External Debt:
It is the part of a country's debt that is borrowed from foreign lenders, such as commercial
banks, governments, or international financial institutions, is referred to as external debt.
These loans must normally be repaid in the currency in which they were made, with
interest.
Debt Service:
Debt service is the amount of money needed to pay off an outstanding debt's principal
and interest over a set period of time.
GNI (Gross National Income):
The total amount of money earned by a nation's population and enterprises is known as
Gross National Income (GNI). It's used to track and measure a country's wealth from year
to year. The figure covers the country's gross domestic product (GDP) as well as income
from foreign sources.

Sub – Indicators:
 Debt service on external debt, total (TDS, current US$)

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  External debt stocks (% of GNI)
 External debt stocks, long-term (DOD, current US$)
 External debt stocks, short-term (DOD, current US$)
 Total Debt service 2 ($ bn)
 Short-term debt (% of total reserves)
 Long term debt (% of total reserve)
 Total Reserve ($ bn)

Dataset:
Ye Coun Debt Externa Externa Extern Short- Total Total G Debt
ar try service l debt l debt al debt term debt reserve NI service
on stocks stocks, stocks, debt service s (% of ($ on
externa (% of long- short- (% of (% of total bn externa
l debt, GNI) term term total GNI) externa ) l debt,
total (DOD, (DOD, reserv l debt) total
(TDS, current curren es) (TDS,
current US$) t US$) current
US$) US$)
20 Mald 807410 40.256 743056 14591 41.67 3.5460 38.195 2. 807410
10 ives 54.9 26523 485.7 7888 8491 59744 71983 18 54.9
20 Mald 871805 35.567 717139 13728 40.98 3.5157 37.973 2. 871805
11 ives 14.8 53396 037.6 0295 9818 86024 57351 51 14.8
20 Mald 854593 36.037 813478 10098 33.16 3.2692 32.324 2. 854593
12 ives 74.7 83414 449.5 4490 3363 67357 22773 63 74.7
20 Mald 121786 35.142 919453 88588 24.05 4.1546 35.753 2. 121786
13 ives 478.9 87478 071.8 987.4 2503 74407 62553 83 478.9
20 Mald 178346 33.048 943249 14644 23.82 5.3361 55.650 3. 178346
14 ives 625.2 18213 126.1 8698 5029 19775 00158 18 625.2
20 Mald 138735 26.641 835967 15720 27.87 3.6732 56.037 3. 138735
15 ives 877.2 65464 024 4797 9432 14824 43074 48 877.2
20 Mald 143836 30.350 108004 12982 27.78 3.5724 38.242 3. 143836
16 ives 597.4 9919 0214 7974 1185 92155 52056 84 597.4
20 Mald 167371 34.616 139213 11132 18.95 3.8224 38.750 4. 167371
17 ives 436.4 67397 3844 1655 3309 94268 27431 27 436.4
20 Mald 441758 48.657 208992 23837 33.47 9.1869 30.437 4. 441758
18 ives 372.4 2151 5259 7996 264 13987 83845 75 372.4
20 Mald 458097 53.074 233187 33653 44.66 9.0749 28.124 5. 458097
19 ives 919.3 85461 3048 5235 3158 55147 08924 14 919.3
20 Mald 285335 96.912 296109 34901 35.43 8.2502 29.385 3. 285335
20 ives 327.5 23114 0117 1635 5145 55002 89546 69 327.5

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Visualizations:
1. Total Debt Service and GNI Forecasting

Interpretation:
In this visualization, total debt and GNI are forecasted for next 5 years. There is very huge
difference between total debt service and GNI of the Maldives, which is increasing
continuously. In forecast we can infer that GNI will not be able to recover debt and debt
will keep increasing exponentially.
2. Long and Short Term Debt as Total % of Reserve:

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Interpretation:
Here, I have compared long and short term debt as total % of Reserve cash of country.
Companies long as well as short term debt in increasing over the period. Country is facing
insolvency as well as liquidity problems.
3. Relationship between Short and Long Term Debt:

Interpretation:
Country long and short term external debt stocks has some correlation with each other.
As country’s short term debt increases it also creates long term liabilities for the country.

4. Historic Total Debt Service and Total Reserve:

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Interpretation:
Total debt is growing faster than total reserves. It is very difficult to cover debt using
country’ reserve in coming years. Debt is growing exponentially. It is showing that country
is at the verge of bankruptcy, if it will be able to repay its debt.

Dashboard: