Customs and other import duties in Maldives
Maldives: Customs and other import duties was 18.1% in 2021. ▼ Falling
Customs and other import duties in Maldives, 1979–2021
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of tax revenue.
Analysis
In 2021, customs and other import duties in Maldives stood at 18.1%.
Compared with earlier readings it is down 8.4% on the previous year and down 65.8% over ten years.
Over the whole period, customs and other import duties in Maldives peaked at 72.7% in 2008 and was at its lowest, 18.0%, in 2014.
That places Maldives 29th out of 151 countries with data for 2021, putting it in the top quarter.
The long-run direction has been consistently falling across the 40 years of available data.
Customs and other import duties in Maldives, year by year
| Year | % of tax revenue | Change |
|---|---|---|
| 1979 | 56.9% | — |
| 1980 | 68.9% | +21.0% |
| 1981 | 69.1% | +0.3% |
| 1982 | 56.2% | -18.7% |
| 1983 | 58.6% | +4.4% |
| 1984 | 68.5% | +16.9% |
| 1985 | 57.9% | -15.6% |
| 1986 | 61.4% | +6.1% |
| 1987 | 68.0% | +10.8% |
| 1988 | 68.3% | +0.5% |
| 1990 | 56.6% | -17.1% |
| 1991 | 60.3% | +6.5% |
| 1992 | 61.0% | +1.2% |
| 1993 | 60.7% | -0.4% |
| 1994 | 63.4% | +4.5% |
| 1995 | 64.2% | +1.2% |
| 1996 | 63.2% | -1.6% |
| 1997 | 64.0% | +1.2% |
| 1998 | 63.9% | -0.2% |
| 1999 | 64.3% | +0.7% |
| 2000 | 64.4% | +0.1% |
| 2001 | 63.2% | -1.8% |
| 2002 | 63.4% | +0.3% |
| 2003 | 64.4% | +1.6% |
| 2004 | 69.0% | +7.1% |
| 2005 | 72.3% | +4.9% |
| 2006 | 71.0% | -1.7% |
| 2007 | 71.8% | +1.1% |
| 2008 | 72.7% | +1.3% |
| 2009 | 67.7% | -7.0% |
| 2010 | 70.1% | +3.6% |
| 2011 | 52.9% | -24.6% |
| 2014 | 18.0% | -66.0% |
| 2015 | 18.8% | +4.6% |
| 2016 | 18.4% | -2.3% |
| 2017 | 18.3% | -0.6% |
| 2018 | 18.8% | +2.9% |
| 2019 | 19.4% | +3.3% |
| 2020 | 19.7% | +1.5% |
| 2021 | 18.1% | -8.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 56.9% | 56.9% | 56.9% | 1 |
| 1980s | 64.1% | 56.2% | 69.1% | 9 |
| 1990s | 62.2% | 56.6% | 64.3% | 10 |
| 2000s | 68.0% | 63.2% | 72.7% | 10 |
| 2010s | 29.3% | 18.0% | 70.1% | 8 |
| 2020s | 18.9% | 18.1% | 19.7% | 2 |
Countries ranked near Maldives
More public sector data for Maldives
- Arms imports 7.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 13.26 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.001 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 7.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 6,667 SIPRI trend indicator values per square kilometre (2021)
- Tax revenue 19.5% (2021)
- Capital stock, General government, Current prices, Domestic currency 110.64 (2019)
- Taxes on income, profits and capital gains 12.7% (2021)
- Capital stock, General government, Constant prices, Percent of GDP 133.64 (2019)
- Capital stock, General government, Constant prices, Purchasing power 14.77 (2019)
Frequently asked questions
- What is customs and other import duties in Maldives?
- Customs and other import duties in Maldives was 18.1% 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 72.7% in 2008.
- What is the lowest customs and other import duties recorded in Maldives?
- The lowest recorded value was 18.0% in 2014.
- How does Maldives rank for customs and other import duties?
- Maldives ranks 29th out of 151 countries with data for 2021.
- Is customs and other import duties rising or falling in Maldives?
- Over the last ten years it is down 65.8%. 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 Customs and other import duties (% of tax revenue). 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 as a percentage of tax revenue which includes compulsory, unrequited payments, in cash or in kind, made by institutional units to government units.