Taxes on goods and services in Maldives
Maldives: Taxes on goods and services was 9.14 billion current LCU in 2021. ◆ Volatile
Taxes on goods and services in Maldives, 1979–2021
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Maldives recorded 9.14 billion current LCU for taxes on goods and services in 2021. That is the highest value across all 40 years on record.
That represents a change of up 83.2% on the previous year and up 451.0% over ten years.
Over the whole period, taxes on goods and services in Maldives peaked at 9.14 billion current LCU in 2021 and was at its lowest, 1.20 million current LCU, in 1979.
That places Maldives 118th out of 157 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
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.20 million current LCU | 1.20 million current LCU | 1.20 million current LCU | 1 |
| 1980s | 21.10 million current LCU | 3.10 million current LCU | 45.00 million current LCU | 9 |
| 1990s | 195.35 million current LCU | 99.80 million current LCU | 295.60 million current LCU | 10 |
| 2000s | 460.17 million current LCU | 300.90 million current LCU | 637.50 million current LCU | 10 |
| 2010s | 5.96 billion current LCU | 635.10 million current LCU | 9.07 billion current LCU | 8 |
| 2020s | 7.07 billion current LCU | 4.99 billion current LCU | 9.14 billion current LCU | 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 taxes on goods and services in Maldives?
- Taxes on goods and services in Maldives was 9.14 billion current LCU in 2021, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on goods and services recorded in Maldives?
- The highest recorded value was 9.14 billion current LCU in 2021.
- What is the lowest taxes on goods and services recorded in Maldives?
- The lowest recorded value was 1.20 million current LCU in 1979.
- How does Maldives rank for taxes on goods and services?
- Maldives ranks 118th out of 157 countries with data for 2021.
- Is taxes on goods and services rising or falling in Maldives?
- Over the last ten years it is up 451.0%. 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 Taxes on goods and services (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 40 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. 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.