Subsidies and other transfers in Maldives
Maldives: Subsidies and other transfers was 28.7% in 2021. ◆ Volatile
Subsidies and other transfers in Maldives, 1990–2021
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
In 2021, subsidies and other transfers in Maldives stood at 28.7%. That is the highest value across all 30 years on record.
That represents a change of up 6.8% on the previous year and up 161.4% over ten years.
Over the whole period, subsidies and other transfers in Maldives peaked at 28.7% in 2021 and was at its lowest, 1.0%, in 1993.
That places Maldives 103rd 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.
Subsidies and other transfers in Maldives, year by year
| Year | % of expense | Change |
|---|---|---|
| 1990 | 1.6% | — |
| 1991 | 1.1% | -28.2% |
| 1992 | 1.8% | +59.0% |
| 1993 | 1.0% | -44.9% |
| 1994 | 1.2% | +18.4% |
| 1995 | 1.6% | +34.9% |
| 1996 | 3.1% | +95.9% |
| 1997 | 2.2% | -28.6% |
| 1998 | 2.1% | -1.5% |
| 1999 | 1.6% | -24.7% |
| 2000 | 1.5% | -6.7% |
| 2001 | 1.5% | +1.2% |
| 2002 | 1.6% | +2.8% |
| 2003 | 1.5% | -2.7% |
| 2004 | 1.7% | +14.4% |
| 2005 | 4.9% | +180.5% |
| 2006 | 2.7% | -45.5% |
| 2007 | 2.6% | -4.0% |
| 2008 | 6.4% | +150.3% |
| 2009 | 4.8% | -25.1% |
| 2010 | 7.6% | +57.6% |
| 2011 | 11.0% | +44.9% |
| 2014 | 25.6% | +132.9% |
| 2015 | 21.3% | -16.6% |
| 2016 | 21.7% | +1.9% |
| 2017 | 19.0% | -12.5% |
| 2018 | 24.5% | +28.7% |
| 2019 | 19.6% | -20.1% |
| 2020 | 26.9% | +37.4% |
| 2021 | 28.7% | +6.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.7% | 1.0% | 3.1% | 10 |
| 2000s | 2.9% | 1.5% | 6.4% | 10 |
| 2010s | 18.8% | 7.6% | 25.6% | 8 |
| 2020s | 27.8% | 26.9% | 28.7% | 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 subsidies and other transfers in Maldives?
- Subsidies and other transfers in Maldives was 28.7% 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 28.7% in 2021.
- What is the lowest subsidies and other transfers recorded in Maldives?
- The lowest recorded value was 1.0% in 1993.
- How does Maldives rank for subsidies and other transfers?
- Maldives ranks 103rd out of 152 countries with data for 2021.
- Is subsidies and other transfers rising or falling in Maldives?
- Over the last ten years it is up 161.4%. 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 (% of expense). Statizoid updates them automatically from the source API.
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About this data
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 as percentage of total expenses which is any decrease in net worth resulting from a transaction.