Customs and other import duties in Maldives
Maldives: Customs and other import duties was 2.84 billion current LCU in 2021. ◆ Volatile
Customs and other import duties in Maldives, 1979–2021
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Maldives recorded 2.84 billion current LCU for customs and other import duties in 2021.
That represents a change of up 25.3% on the previous year and up 9.7% over ten years.
Over the whole period, customs and other import duties in Maldives peaked at 3.41 billion current LCU in 2019 and was at its lowest, 4.10 million current LCU, in 1979.
That places Maldives 86th out of 152 countries with data for 2021, putting it in the middle of the range.
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 | 4.10 million current LCU | 4.10 million current LCU | 4.10 million current LCU | 1 |
| 1980s | 54.73 million current LCU | 11.30 million current LCU | 137.30 million current LCU | 9 |
| 1990s | 391.11 million current LCU | 162.40 million current LCU | 628.50 million current LCU | 10 |
| 2000s | 1.33 billion current LCU | 652.60 million current LCU | 2.45 billion current LCU | 10 |
| 2010s | 2.60 billion current LCU | 1.98 billion current LCU | 3.41 billion current LCU | 8 |
| 2020s | 2.55 billion current LCU | 2.26 billion current LCU | 2.84 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 customs and other import duties in Maldives?
- Customs and other import duties in Maldives was 2.84 billion current LCU in 2021, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest customs and other import duties recorded in Maldives?
- The highest recorded value was 3.41 billion current LCU in 2019.
- What is the lowest customs and other import duties recorded in Maldives?
- The lowest recorded value was 4.10 million current LCU in 1979.
- How does Maldives rank for customs and other import duties?
- Maldives ranks 86th out of 152 countries with data for 2021.
- Is customs and other import duties rising or falling in Maldives?
- Over the last ten years it is up 9.7%. 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 Customs and other import duties (current LCU). Statizoid updates them automatically from the source API.
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About this data
Taxes and duties on imports are taxes on goods and services that become payable at the moment when goods enter the economic territory or when services are delivered by non-resident producers to residents. 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.