Tax revenue (current LCU) in Maldives
Maldives: Tax revenue (current LCU) was 15.71 billion current LCU in 2021. ◆ Volatile
Tax revenue in Maldives, 1979–2021
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Maldives recorded 15.71 billion current LCU for tax revenue in 2021.
Compared with earlier readings it is up 36.8% on the previous year and up 221.0% over ten years.
Over the whole period, tax revenue in Maldives peaked at 17.56 billion current LCU in 2019 and was at its lowest, 7.20 million current LCU, in 1979.
That places Maldives 122nd 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.
Tax revenue (current LCU) in Maldives, year by year
| Year | current LCU | Change |
|---|---|---|
| 1979 | 7.20 million current LCU | — |
| 1980 | 16.40 million current LCU | +127.8% |
| 1981 | 23.30 million current LCU | +42.1% |
| 1982 | 42.00 million current LCU | +80.3% |
| 1983 | 51.50 million current LCU | +22.6% |
| 1984 | 71.50 million current LCU | +38.8% |
| 1985 | 90.20 million current LCU | +26.2% |
| 1986 | 104.40 million current LCU | +15.7% |
| 1987 | 160.00 million current LCU | +53.3% |
| 1988 | 200.90 million current LCU | +25.6% |
| 1990 | 286.80 million current LCU | +42.8% |
| 1991 | 366.20 million current LCU | +27.7% |
| 1992 | 450.40 million current LCU | +23.0% |
| 1993 | 485.20 million current LCU | +7.7% |
| 1994 | 536.40 million current LCU | +10.6% |
| 1995 | 638.50 million current LCU | +19.0% |
| 1996 | 713.10 million current LCU | +11.7% |
| 1997 | 864.10 million current LCU | +21.2% |
| 1998 | 902.70 million current LCU | +4.5% |
| 1999 | 977.30 million current LCU | +8.3% |
| 2000 | 1.01 billion current LCU | +3.7% |
| 2001 | 1.05 billion current LCU | +3.2% |
| 2002 | 1.09 billion current LCU | +4.3% |
| 2003 | 1.27 billion current LCU | +16.2% |
| 2004 | 1.65 billion current LCU | +29.8% |
| 2005 | 1.72 billion current LCU | +4.6% |
| 2006 | 2.37 billion current LCU | +37.6% |
| 2007 | 2.91 billion current LCU | +22.6% |
| 2008 | 3.37 billion current LCU | +15.9% |
| 2009 | 2.73 billion current LCU | -18.9% |
| 2010 | 2.93 billion current LCU | +7.3% |
| 2011 | 4.89 billion current LCU | +66.9% |
| 2014 | 10.99 billion current LCU | +124.6% |
| 2015 | 12.47 billion current LCU | +13.5% |
| 2016 | 13.54 billion current LCU | +8.6% |
| 2017 | 15.33 billion current LCU | +13.3% |
| 2018 | 16.76 billion current LCU | +9.3% |
| 2019 | 17.56 billion current LCU | +4.8% |
| 2020 | 11.48 billion current LCU | -34.6% |
| 2021 | 15.71 billion current LCU | +36.8% |
Maldives compared with similar countries
- Maldives's 15.71 billion current LCU is below the median for upper middle income countries, which is 346.89 billion current LCU, 5% of the median. (48 countries reporting)
- Maldives's 15.71 billion current LCU is below the median for South Asia, which is 1.72 trillion current LCU, 1% of the median. (6 countries reporting)
Biggest year-on-year movements
Years where Tax revenue (current LCU) in Maldives changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1980 | +127.8% | 7.20 million current LCU | 16.40 million current LCU |
| 2014 | +124.6% | 4.89 billion current LCU | 10.99 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 7.20 million current LCU | 7.20 million current LCU | 7.20 million current LCU | 1 |
| 1980s | 84.47 million current LCU | 16.40 million current LCU | 200.90 million current LCU | 9 |
| 1990s | 622.07 million current LCU | 286.80 million current LCU | 977.30 million current LCU | 10 |
| 2000s | 1.92 billion current LCU | 1.01 billion current LCU | 3.37 billion current LCU | 10 |
| 2010s | 11.81 billion current LCU | 2.93 billion current LCU | 17.56 billion current LCU | 8 |
| 2020s | 13.60 billion current LCU | 11.48 billion current LCU | 15.71 billion current LCU | 2 |
Countries ranked near Maldives
More public sector data for Maldives
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Democracy 6 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is tax revenue in Maldives?
- Tax revenue in Maldives was 15.71 billion current LCU in 2021, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest tax revenue recorded in Maldives?
- The highest recorded value was 17.56 billion current LCU in 2019.
- What is the lowest tax revenue recorded in Maldives?
- The lowest recorded value was 7.20 million current LCU in 1979.
- How does Maldives rank for tax revenue?
- Maldives ranks 122nd out of 157 countries with data for 2021.
- Is tax revenue rising or falling in Maldives?
- Over the last ten years it is up 221.0%. 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 Tax revenue (current LCU). Statizoid updates them automatically from the source API.
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About this data
Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. 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.