Maldives: Taxes on goods and services

* indicates monthly or quarterly data series
 Maldives

Taxes on goods and services, percent of total revenue

 Latest value 42.27
 Year 2021
 Measure percent
 Data availability 1979 - 2021
 Average 17.50
 Min - Max 5.02 - 42.27
 Source The World Bank
The latest value from 2021 is 42.27 percent, an increase from 32.9 percent in 2020. In comparison, the world average is 33.55 percent, based on data from 123 countries. Historically, the average for the Maldives from 1979 to 2021 is 17.5 percent. The minimum value, 5.02 percent, was reached in 1979 while the maximum of 42.27 percent was recorded in 2021. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
Maldives - Taxes on goods and services - Recent values chart

Historical series
Maldives - Taxes on goods and services - historical chart - 1979-2021




Definition: Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies.

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 Related indicators Latest Reference Measure
 Government spending, percent of GDP 17.46 2024 percent
 Government spending, in dollars 1.23 2024 billion U.S. dollars
 Fiscal balance, percent of GDP -13.90 2024 percent
 Primary budget balance -9.75 2024 percent
 Tax revenue 19.45 2021 percent
 Commercial tax rate 30.20 2019 percent
 Tax preparation time 391 2019 hours
 Taxes on goods and services 42.27 2021 percent
 Taxes on international trade 17.70 2021 percent
 Income and profits taxes 12.67 2021 percent
 Foreign aid 200.51 2023 million U.S. dollars
 Government debt 133.32 2024 percent
 Short-term government debt 0.94 2022 percent
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