Maldives: Taxes on international trade
* indicates monthly or quarterly data series
| Maldives |
Taxes on international trade, percent of total revenue |
|---|---|
| Latest value | 17.70 |
| Year | 2021 |
| Measure | percent |
| Data availability | 1979 - 2021 |
| Average | 27.34 |
| Min - Max | 16.05 - 36.78 |
| Source | The World Bank |
The latest value from 2021 is 17.7 percent, a decline from 18.74 percent in 2020. In comparison, the world average is 7.43 percent, based on data from 99 countries. Historically, the average for the Maldives from 1979 to 2021 is 27.34 percent. The minimum value, 16.05 percent, was reached in 2014 while the maximum of 36.78 percent was recorded in 1985.
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Definition: Taxes on international trade include import duties, export duties, profits of export or import monopolies, exchange profits, and exchange taxes.
Selected articles from our guide:
What factors determine the exchange rates
International lending and sovereign debt
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Government spending, in dollars | 1.13 | 2023 | billion U.S. dollars |
| Fiscal balance, percent of GDP | -13.75 | 2023 | percent |
| Government debt | 115.90 | 2023 | percent |
| Tax revenue | 19.45 | 2021 | percent |
| Commercial tax rate | 30.20 | 2019 | percent |
| Tax preparation time | 391 | 2019 | hours |
| Number of taxes | 17 | 2019 | taxes |
| 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 | 119.12 | 2022 | million U.S. dollars |