Taxes on goods and services (current LCU), per unit of GDP in Maldives
Maldives: Taxes on goods and services (current LCU), per unit of GDP was 1.74 current LCU per US$ of GDP in 2021. ◆ Volatile
Taxes on goods and services (current LCU), per unit of GDP in Maldives, 1979–2021
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
Maldives recorded 1.74 current LCU per US$ of GDP for taxes on goods and services (current lcu), per unit of gdp in 2021. That is the highest value across all 40 years on record.
That represents a change of up 29.5% on the previous year and up 191.0% over ten years.
Over the whole period, taxes on goods and services (current lcu), per unit of gdp in Maldives peaked at 1.74 current LCU per US$ of GDP in 2021 and was at its lowest, 0.0311 current LCU per US$ of GDP, in 1979.
Maldives ranks 70th of 157 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes on goods and services (current LCU), per unit of GDP in Maldives, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1979 | 0.0311 current LCU per US$ of GDP | — |
| 1980 | 0.073 current LCU per US$ of GDP | +134.4% |
| 1981 | 0.1206 current LCU per US$ of GDP | +65.2% |
| 1982 | 0.2755 current LCU per US$ of GDP | +128.5% |
| 1983 | 0.2749 current LCU per US$ of GDP | -0.2% |
| 1984 | 0.1589 current LCU per US$ of GDP | -42.2% |
| 1985 | 0.2083 current LCU per US$ of GDP | +31.1% |
| 1986 | 0.191 current LCU per US$ of GDP | -8.3% |
| 1987 | 0.257 current LCU per US$ of GDP | +34.6% |
| 1988 | 0.267 current LCU per US$ of GDP | +3.9% |
| 1990 | 0.4641 current LCU per US$ of GDP | +73.8% |
| 1991 | 0.4697 current LCU per US$ of GDP | +1.2% |
| 1992 | 0.4904 current LCU per US$ of GDP | +4.4% |
| 1993 | 0.4556 current LCU per US$ of GDP | -7.1% |
| 1994 | 0.4865 current LCU per US$ of GDP | +6.8% |
| 1995 | 0.5045 current LCU per US$ of GDP | +3.7% |
| 1996 | 0.5102 current LCU per US$ of GDP | +1.1% |
| 1997 | 0.5368 current LCU per US$ of GDP | +5.2% |
| 1998 | 0.5177 current LCU per US$ of GDP | -3.6% |
| 1999 | 0.5017 current LCU per US$ of GDP | -3.1% |
| 2000 | 0.482 current LCU per US$ of GDP | -3.9% |
| 2001 | 0.3685 current LCU per US$ of GDP | -23.5% |
| 2002 | 0.3775 current LCU per US$ of GDP | +2.4% |
| 2003 | 0.3752 current LCU per US$ of GDP | -0.6% |
| 2004 | 0.3672 current LCU per US$ of GDP | -2.1% |
| 2005 | 0.3363 current LCU per US$ of GDP | -8.4% |
| 2006 | 0.3488 current LCU per US$ of GDP | +3.7% |
| 2007 | 0.3253 current LCU per US$ of GDP | -6.7% |
| 2008 | 0.2806 current LCU per US$ of GDP | -13.7% |
| 2009 | 0.2603 current LCU per US$ of GDP | -7.3% |
| 2010 | 0.2454 current LCU per US$ of GDP | -5.7% |
| 2011 | 0.598 current LCU per US$ of GDP | +143.7% |
| 2014 | 1.52 current LCU per US$ of GDP | +154.5% |
| 2015 | 1.56 current LCU per US$ of GDP | +2.5% |
| 2016 | 1.65 current LCU per US$ of GDP | +5.5% |
| 2017 | 1.68 current LCU per US$ of GDP | +1.8% |
| 2018 | 1.65 current LCU per US$ of GDP | -1.4% |
| 2019 | 1.58 current LCU per US$ of GDP | -4.1% |
| 2020 | 1.34 current LCU per US$ of GDP | -15.2% |
| 2021 | 1.74 current LCU per US$ of GDP | +29.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0311 current LCU per US$ of GDP | 0.0311 current LCU per US$ of GDP | 0.0311 current LCU per US$ of GDP | 1 |
| 1980s | 0.2029 current LCU per US$ of GDP | 0.073 current LCU per US$ of GDP | 0.2755 current LCU per US$ of GDP | 9 |
| 1990s | 0.4937 current LCU per US$ of GDP | 0.4556 current LCU per US$ of GDP | 0.5368 current LCU per US$ of GDP | 10 |
| 2000s | 0.3522 current LCU per US$ of GDP | 0.2603 current LCU per US$ of GDP | 0.482 current LCU per US$ of GDP | 10 |
| 2010s | 1.31 current LCU per US$ of GDP | 0.2454 current LCU per US$ of GDP | 1.68 current LCU per US$ of GDP | 8 |
| 2020s | 1.54 current LCU per US$ of GDP | 1.34 current LCU per US$ of GDP | 1.74 current LCU per US$ of GDP | 2 |
Countries ranked near Maldives
- 67 Philippines 2.42 current LCU per US$ of GDP compare
- 68 Zambia 2.1 current LCU per US$ of GDP compare
- 69 Macau, China 1.95 current LCU per US$ of GDP compare
- 71 South Africa 1.73 current LCU per US$ of GDP compare
- 72 Namibia 1.65 current LCU per US$ of GDP compare
- 73 Iraq 1.6 current LCU per US$ of GDP 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), per unit of gdp in Maldives?
- Taxes on goods and services (current lcu), per unit of gdp in Maldives was 1.74 current LCU per US$ of GDP in 2021, according to Statizoid (derived).
- What is the highest taxes on goods and services (current lcu), per unit of gdp recorded in Maldives?
- The highest recorded value was 1.74 current LCU per US$ of GDP in 2021.
- What is the lowest taxes on goods and services (current lcu), per unit of gdp recorded in Maldives?
- The lowest recorded value was 0.0311 current LCU per US$ of GDP in 1979.
- How does Maldives rank for taxes on goods and services (current lcu), per unit of gdp?
- Maldives ranks 70th out of 157 countries with data for 2021.
- Is taxes on goods and services (current lcu), per unit of gdp rising or falling in Maldives?
- Over the last ten years it is up 191.0%. 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), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Taxes on goods and services (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes on goods and services (current LCU) ÷ GDP (current US$)
Computed from
- Taxes on goods and services Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Taxes on goods and services (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.