Subsidies and other transfers in Maldives

Maldives: Subsidies and other transfers was 6.83 billion current LCU in 2021. ◆ Volatile

Latest (2021)
6.83 billion current LCU
Change on year
up 25.9%
World rank
123rd
of 153 countries
All-time high
6.83 billion current LCU
in 2021
All-time low
3.60 million current LCU
in 1987
Years of data
31
1987–2021

Subsidies and other transfers in Maldives, 1987–2021

02.0B4.0B6.0B1987200420211987: 3.6M current LCU1990: 5.3M current LCU1991: 4.8M current LCU1992: 9.6M current LCU1993: 6.0M current LCU1994: 8.0M current LCU1995: 13.7M current LCU1996: 29.2M current LCU1997: 25.8M current LCU1998: 27.9M current LCU1999: 25.0M current LCU2000: 28.3M current LCU2001: 30.1M current LCU2002: 33.1M current LCU2003: 35.8M current LCU2004: 48.7M current LCU2005: 227.5M current LCU2006: 149.8M current LCU2007: 168.3M current LCU2008: 479.2M current LCU2009: 421.6M current LCU2010: 638.8M current LCU2011: 996.9M current LCU2014: 3.6B current LCU2015: 3.6B current LCU2016: 3.6B current LCU2017: 2.9B current LCU2018: 4.5B current LCU2019: 4.4B current LCU2020: 5.4B current LCU2021: 6.8B current LCU

Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.

Analysis

The most recent figure for subsidies and other transfers in Maldives is 6.83 billion current LCU, measured in 2021. That is the highest value across all 31 years on record.

The figure is up 25.9% on the previous year and up 585.5% over ten years.

Over the whole period, subsidies and other transfers in Maldives peaked at 6.83 billion current LCU in 2021 and was at its lowest, 3.60 million current LCU, in 1987.

That places Maldives 123rd out of 153 countries with data for 2021, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1980s 3.60 million current LCU 3.60 million current LCU 3.60 million current LCU 1
1990s 15.53 million current LCU 4.80 million current LCU 29.20 million current LCU 10
2000s 162.24 million current LCU 28.30 million current LCU 479.20 million current LCU 10
2010s 3.01 billion current LCU 638.80 million current LCU 4.47 billion current LCU 8
2020s 6.13 billion current LCU 5.43 billion current LCU 6.83 billion current LCU 2

Countries ranked near Maldives

  1. 120 Tajikistan 8.44 billion current LCU compare
  2. 121 Latvia 8.15 billion current LCU compare
  3. 122 Bhutan 6.96 billion current LCU compare
  4. 124 Vanuatu 6.71 billion current LCU compare
  5. 125 Cyprus 5.97 billion current LCU compare
  6. 126 Lesotho 5.20 billion current LCU compare

See the full ranking of 153 places →

More public sector data for Maldives

All data for Maldives →

Frequently asked questions

What is subsidies and other transfers in Maldives?
Subsidies and other transfers in Maldives was 6.83 billion current LCU in 2021, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest subsidies and other transfers recorded in Maldives?
The highest recorded value was 6.83 billion current LCU in 2021.
What is the lowest subsidies and other transfers recorded in Maldives?
The lowest recorded value was 3.60 million current LCU in 1987.
How does Maldives rank for subsidies and other transfers?
Maldives ranks 123rd out of 153 countries with data for 2021.
Is subsidies and other transfers rising or falling in Maldives?
Over the last ten years it is up 585.5%. The long-run trend across the full record is volatile.
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 Subsidies and other transfers (current LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
Subsidies and other transfers (current LCU)
Unit
current LCU
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
153 places, 3,810 data points, 1970–2024
Last refreshed

Subsidies are current unrequited payments that government units, including nonresident government units, make to enterprises on the basis of the levels of their production activities or the quantities or values of the goods or services that they produce, sell, export or import. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.