Taxes on income, profits and capital gains (current LCU) in Maldives
Maldives: Taxes on income, profits and capital gains (current LCU) was 2.74 billion current LCU in 2021. ◆ Volatile
Taxes on income, profits and capital gains in Maldives, 1985–2021
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for taxes on income, profits and capital gains in Maldives is 2.74 billion current LCU, measured in 2021.
Compared with earlier readings it is down 25.0% on the previous year and up 934.4% over ten years.
Over the whole period, taxes on income, profits and capital gains in Maldives peaked at 3.65 billion current LCU in 2020 and was at its lowest, 3.60 million current LCU, in 1987.
That places Maldives 125th out of 153 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.
Taxes on income, profits and capital gains (current LCU) in Maldives, year by year
| Year | current LCU | Change |
|---|---|---|
| 1985 | 4.10 million current LCU | — |
| 1986 | 4.60 million current LCU | +12.2% |
| 1987 | 3.60 million current LCU | -21.7% |
| 1988 | 5.70 million current LCU | +58.3% |
| 1990 | 6.90 million current LCU | +21.1% |
| 1991 | 10.60 million current LCU | +53.6% |
| 1992 | 12.20 million current LCU | +15.1% |
| 1993 | 13.90 million current LCU | +13.9% |
| 1994 | 16.40 million current LCU | +18.0% |
| 1995 | 19.20 million current LCU | +17.1% |
| 1996 | 23.80 million current LCU | +24.0% |
| 1997 | 27.30 million current LCU | +14.7% |
| 1998 | 35.40 million current LCU | +29.7% |
| 1999 | 42.10 million current LCU | +18.9% |
| 2000 | 46.90 million current LCU | +11.4% |
| 2001 | 52.40 million current LCU | +11.7% |
| 2002 | 50.90 million current LCU | -2.9% |
| 2003 | 46.20 million current LCU | -9.2% |
| 2004 | 48.60 million current LCU | +5.2% |
| 2005 | 65.70 million current LCU | +35.2% |
| 2006 | 91.40 million current LCU | +39.1% |
| 2007 | 169.00 million current LCU | +84.9% |
| 2008 | 240.80 million current LCU | +42.5% |
| 2009 | 245.70 million current LCU | +2.0% |
| 2010 | 203.30 million current LCU | -17.3% |
| 2011 | 264.80 million current LCU | +30.3% |
| 2014 | 2.95 billion current LCU | +1015.5% |
| 2015 | 3.19 billion current LCU | +7.9% |
| 2016 | 3.24 billion current LCU | +1.7% |
| 2017 | 3.33 billion current LCU | +2.7% |
| 2018 | 3.27 billion current LCU | -1.6% |
| 2019 | 3.51 billion current LCU | +7.3% |
| 2020 | 3.65 billion current LCU | +4.0% |
| 2021 | 2.74 billion current LCU | -25.0% |
Maldives compared with similar countries
- Maldives's 2.74 billion current LCU is below the median for upper middle income countries, which is 135.99 billion current LCU, 2% of the median. (48 countries reporting)
- Maldives's 2.74 billion current LCU is below the median for South Asia, which is 558.23 billion current LCU, 0% of the median. (6 countries reporting)
Biggest year-on-year movements
Years where Taxes on income, profits and capital gains (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 |
|---|---|---|---|
| 2014 | +1015.5% | 264.80 million current LCU | 2.95 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 4.50 million current LCU | 3.60 million current LCU | 5.70 million current LCU | 4 |
| 1990s | 20.78 million current LCU | 6.90 million current LCU | 42.10 million current LCU | 10 |
| 2000s | 105.76 million current LCU | 46.20 million current LCU | 245.70 million current LCU | 10 |
| 2010s | 2.50 billion current LCU | 203.30 million current LCU | 3.51 billion current LCU | 8 |
| 2020s | 3.20 billion current LCU | 2.74 billion current LCU | 3.65 billion current LCU | 2 |
Countries ranked near Maldives
More public sector data for Maldives
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Frequently asked questions
- What is taxes on income, profits and capital gains in Maldives?
- Taxes on income, profits and capital gains in Maldives was 2.74 billion current LCU in 2021, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on income, profits and capital gains recorded in Maldives?
- The highest recorded value was 3.65 billion current LCU in 2020.
- What is the lowest taxes on income, profits and capital gains recorded in Maldives?
- The lowest recorded value was 3.60 million current LCU in 1987.
- How does Maldives rank for taxes on income, profits and capital gains?
- Maldives ranks 125th out of 153 countries with data for 2021.
- Is taxes on income, profits and capital gains rising or falling in Maldives?
- Over the last ten years it is up 934.4%. 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 Taxes on income, profits and capital gains (current LCU). Statizoid updates them automatically from the source API.
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About this data
Taxes on income, profits, and capital gains are taxes payable on the actual or presumed incomes, profits and capital gains. 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.