Goods and services expense in Maldives
Maldives: Goods and services expense was 19.4% in 2021. ▼ Falling
Goods and services expense in Maldives, 1990–2021
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
The most recent figure for goods and services expense in Maldives is 19.4%, measured in 2021.
Compared with earlier readings it is up 18.8% on the previous year and up 8.4% over ten years.
Over the whole period, goods and services expense in Maldives peaked at 75.4% in 2007 and was at its lowest, 16.4%, in 2020.
Maldives ranks 48th of 154 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 30 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 66.4% | 62.4% | 69.2% | 10 |
| 2000s | 66.8% | 54.5% | 75.4% | 10 |
| 2010s | 23.1% | 16.7% | 54.9% | 8 |
| 2020s | 17.9% | 16.4% | 19.4% | 2 |
Countries ranked near Maldives
More public sector data for Maldives
- Arms imports 7.00 million SIPRI trend indicator values (2024)
- Tax revenue 19.5% (2021)
- Taxes on income, profits and capital gains 12.7% (2021)
- Taxes on goods and services 42.3% (2021)
- Net investment in nonfinancial assets 7.4% (2021)
- Net lending (+) / net borrowing (-) -10.1% (2021)
- Interest payments 9.7% (2021)
- Grants and other revenue 27.4% (2021)
- Interest payments 8.8% (2021)
- Other taxes 4.1% (2011)
Frequently asked questions
- What is goods and services expense in Maldives?
- Goods and services expense in Maldives was 19.4% in 2021, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods and services expense recorded in Maldives?
- The highest recorded value was 75.4% in 2007.
- What is the lowest goods and services expense recorded in Maldives?
- The lowest recorded value was 16.4% in 2020.
- How does Maldives rank for goods and services expense?
- Maldives ranks 48th out of 154 countries with data for 2021.
- Is goods and services expense rising or falling in Maldives?
- Over the last ten years it is up 8.4%. The long-run trend across the full record is falling.
- Where does this Maldives data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Goods and services expense (% of expense). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 30 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for own account capital formation is excluded. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.