Taxes on goods and services (current LCU), annual growth rate in Maldives
Maldives: Taxes on goods and services (current LCU), annual growth rate was 83.24 % change on previous year in 2021. ◆ Volatile
Taxes on goods and services (current LCU), annual growth rate in Maldives, 1980–2021
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for taxes on goods and services (current lcu), annual growth rate in Maldives is 83.24 % change on previous year, measured in 2021.
That represents a change of up 284.9% on the previous year and down 48.4% over ten years.
Over the whole period, taxes on goods and services (current lcu), annual growth rate in Maldives peaked at 161.23 % change on previous year in 2011 and was at its lowest, -45.02 % change on previous year, in 2020.
That places Maldives 4th out of 156 countries with data for 2021, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes on goods and services (current LCU), annual growth rate in Maldives, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1980 | 158.33 % change on previous year | — |
| 1981 | 74.19 % change on previous year | -53.1% |
| 1982 | 144.44 % change on previous year | +94.7% |
| 1983 | 20.45 % change on previous year | -85.8% |
| 1984 | 9.43 % change on previous year | -53.9% |
| 1985 | 52.3 % change on previous year | +454.4% |
| 1986 | 2.26 % change on previous year | -95.7% |
| 1987 | 33.95 % change on previous year | +1399.4% |
| 1988 | 23.97 % change on previous year | -29.4% |
| 1991 | 15.03 % change on previous year | -37.3% |
| 1992 | 21.69 % change on previous year | +44.3% |
| 1993 | 5.15 % change on previous year | -76.2% |
| 1994 | 17.9 % change on previous year | +247.4% |
| 1995 | 16.22 % change on previous year | -9.4% |
| 1996 | 14.16 % change on previous year | -12.7% |
| 1997 | 18.71 % change on previous year | +32.2% |
| 1998 | 2.49 % change on previous year | -86.7% |
| 1999 | 5.72 % change on previous year | +129.6% |
| 2000 | 1.79 % change on previous year | -68.7% |
| 2001 | 6.55 % change on previous year | +265.2% |
| 2002 | 5.61 % change on previous year | -14.2% |
| 2003 | 16.6 % change on previous year | +195.6% |
| 2004 | 14.11 % change on previous year | -15.0% |
| 2005 | -13.16 % change on previous year | -193.3% |
| 2006 | 40.44 % change on previous year | -407.2% |
| 2007 | 10.63 % change on previous year | -73.7% |
| 2008 | 4.89 % change on previous year | -54.0% |
| 2009 | -4.25 % change on previous year | -187.0% |
| 2010 | 4.05 % change on previous year | -195.2% |
| 2011 | 161.23 % change on previous year | +3884.5% |
| 2015 | 14.45 % change on previous year | -91.0% |
| 2016 | 12.71 % change on previous year | -12.1% |
| 2017 | 11.18 % change on previous year | -12.0% |
| 2018 | 10.61 % change on previous year | -5.1% |
| 2019 | 1.64 % change on previous year | -84.6% |
| 2020 | -45.02 % change on previous year | -2850.8% |
| 2021 | 83.24 % change on previous year | -284.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 57.7 % change on previous year | 2.26 % change on previous year | 158.33 % change on previous year | 9 |
| 1990s | 13.01 % change on previous year | 2.49 % change on previous year | 21.69 % change on previous year | 9 |
| 2000s | 8.32 % change on previous year | -13.16 % change on previous year | 40.44 % change on previous year | 10 |
| 2010s | 30.84 % change on previous year | 1.64 % change on previous year | 161.23 % change on previous year | 7 |
| 2020s | 19.11 % change on previous year | -45.02 % change on previous year | 83.24 % change on previous year | 2 |
Countries ranked near Maldives
- 1 Argentina 205.19 % change on previous year compare
- 2 Myanmar 139.43 % change on previous year compare
- 3 Lebanon 103.85 % change on previous year compare
- 5 Sri Lanka 62.31 % change on previous year compare
- 6 Turkey 61.16 % change on previous year compare
- 7 Iran 54.99 % change on previous year compare
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 taxes on goods and services (current lcu), annual growth rate in Maldives?
- Taxes on goods and services (current lcu), annual growth rate in Maldives was 83.24 % change on previous year in 2021, according to Statizoid (derived).
- What is the highest taxes on goods and services (current lcu), annual growth rate recorded in Maldives?
- The highest recorded value was 161.23 % change on previous year in 2011.
- What is the lowest taxes on goods and services (current lcu), annual growth rate recorded in Maldives?
- The lowest recorded value was -45.02 % change on previous year in 2020.
- How does Maldives rank for taxes on goods and services (current lcu), annual growth rate?
- Maldives ranks 4th out of 156 countries with data for 2021.
- Is taxes on goods and services (current lcu), annual growth rate rising or falling in Maldives?
- Over the last ten years it is down 48.4%. The long-run trend across the full record is volatile.
- Where does this Maldives data come from?
- The figures come from Statizoid (derived), published as part of Taxes on goods and services (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
The year-on-year percentage change in Taxes on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Taxes on goods and services Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Taxes on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.