Statutory corporate income tax rate in Maldives
Maldives: Statutory corporate income tax rate was 15.0% in 2018. ◆ Volatile
Statutory corporate income tax rate in Maldives, 2000–2018
Source: OECD (2019) – processed by Our World in Data. Measured in %.
Analysis
Maldives recorded 15.0% for statutory corporate income tax rate in 2018. That is the highest value across all 19 years on record.
That represents a change of unchanged over five years.
Over the whole period, statutory corporate income tax rate in Maldives peaked at 15.0% in 2011 and was at its lowest, 0.0%, in 2000.
That places Maldives 70th out of 93 countries with data for 2018, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Statutory corporate income tax rate in Maldives, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 0.0% | — |
| 2001 | 0.0% | — |
| 2002 | 0.0% | — |
| 2003 | 0.0% | — |
| 2004 | 0.0% | — |
| 2005 | 0.0% | — |
| 2006 | 0.0% | — |
| 2007 | 0.0% | — |
| 2008 | 0.0% | — |
| 2009 | 0.0% | — |
| 2010 | 0.0% | — |
| 2011 | 15.0% | — |
| 2012 | 15.0% | +0.0% |
| 2013 | 15.0% | +0.0% |
| 2014 | 15.0% | +0.0% |
| 2015 | 15.0% | +0.0% |
| 2016 | 15.0% | +0.0% |
| 2017 | 15.0% | +0.0% |
| 2018 | 15.0% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.0% | 0.0% | 0.0% | 10 |
| 2010s | 13.3% | 0.0% | 15.0% | 9 |
Countries ranked near Maldives
More economy & growth data for Maldives
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.5 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.5 Percent per annum (2029)
- Gross value added at basic prices (GVA) (current US$), annual growth 7.87 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8378 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 12,244 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 8.06 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 12.92 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 188,752 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 5.65 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.772 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is statutory corporate income tax rate in Maldives?
- Statutory corporate income tax rate in Maldives was 15.0% in 2018, according to OECD (2019) – processed by Our World in Data.
- What is the highest statutory corporate income tax rate recorded in Maldives?
- The highest recorded value was 15.0% in 2011.
- What is the lowest statutory corporate income tax rate recorded in Maldives?
- The lowest recorded value was 0.0% in 2000.
- How does Maldives rank for statutory corporate income tax rate?
- Maldives ranks 70th out of 93 countries with data for 2018.
- Where does this Maldives data come from?
- The figures come from OECD (2019) – processed by Our World in Data, published as part of Statutory corporate income tax rate. Statizoid updates them automatically from the source API.
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CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Estimates correspond to the combined rates for central and sub-central government levels (i.e. central government corporate tax rate, less deductions for sub-national taxes, plus sub-central corporate tax rate). Figures correspond to the standard rate that is not targeted at particular industries or income types. The top marginal rate is reported if the corporate tax system is progressive.