Taxes less subsidies on products (constant LCU), per unit of GDP in Maldives

Maldives: Taxes less subsidies on products (constant LCU), per unit of GDP was 1.56 constant LCU per US$ of GDP in 2025. ◆ Volatile

Latest (2025)
1.56 constant LCU per US$ of GDP
Change on year
up 2.0%
World rank
68th
of 189 countries
All-time high
7.23 constant LCU per US$ of GDP
in 1995
All-time low
1.37 constant LCU per US$ of GDP
in 2020
Years of data
31
1995–2025

Taxes less subsidies on products (constant LCU), per unit of GDP in Maldives, 1995–2025

24681995201020251995: 7.2 constant LCU per US$ of GDP1996: 7.2 constant LCU per US$ of GDP1997: 7.1 constant LCU per US$ of GDP1998: 7 constant LCU per US$ of GDP1999: 6.9 constant LCU per US$ of GDP2000: 6.8 constant LCU per US$ of GDP2001: 4.9 constant LCU per US$ of GDP2002: 5 constant LCU per US$ of GDP2003: 4.6 constant LCU per US$ of GDP2004: 4.3 constant LCU per US$ of GDP2005: 3.3 constant LCU per US$ of GDP2006: 3.5 constant LCU per US$ of GDP2007: 3.2 constant LCU per US$ of GDP2008: 2.9 constant LCU per US$ of GDP2009: 2.3 constant LCU per US$ of GDP2010: 2.4 constant LCU per US$ of GDP2011: 2.7 constant LCU per US$ of GDP2012: 2.7 constant LCU per US$ of GDP2013: 2.5 constant LCU per US$ of GDP2014: 2.4 constant LCU per US$ of GDP2015: 2.1 constant LCU per US$ of GDP2016: 2 constant LCU per US$ of GDP2017: 2 constant LCU per US$ of GDP2018: 1.9 constant LCU per US$ of GDP2019: 1.9 constant LCU per US$ of GDP2020: 1.4 constant LCU per US$ of GDP2021: 1.7 constant LCU per US$ of GDP2022: 1.6 constant LCU per US$ of GDP2023: 1.6 constant LCU per US$ of GDP2024: 1.5 constant LCU per US$ of GDP2025: 1.6 constant LCU per US$ of GDP

Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.

Analysis

In 2025, taxes less subsidies on products (constant lcu), per unit of gdp in Maldives stood at 1.56 constant LCU per US$ of GDP.

Compared with earlier readings it is up 2.0% on the previous year and down 25.1% over ten years.

Over the whole period, taxes less subsidies on products (constant lcu), per unit of gdp in Maldives peaked at 7.23 constant LCU per US$ of GDP in 1995 and was at its lowest, 1.37 constant LCU per US$ of GDP, in 2020.

Maldives ranks 68th of 189 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 less subsidies on products (constant LCU), per unit of GDP in Maldives, year by year

Annual values for Taxes less subsidies on products (constant LCU), per unit of GDP in Maldives, 1995 to 2025.
Year constant LCU per US$ of GDP Change
1995 7.23 constant LCU per US$ of GDP
1996 7.22 constant LCU per US$ of GDP -0.1%
1997 7.06 constant LCU per US$ of GDP -2.3%
1998 7.03 constant LCU per US$ of GDP -0.4%
1999 6.94 constant LCU per US$ of GDP -1.2%
2000 6.83 constant LCU per US$ of GDP -1.6%
2001 4.85 constant LCU per US$ of GDP -29.0%
2002 4.95 constant LCU per US$ of GDP +2.1%
2003 4.59 constant LCU per US$ of GDP -7.4%
2004 4.31 constant LCU per US$ of GDP -5.9%
2005 3.32 constant LCU per US$ of GDP -22.9%
2006 3.5 constant LCU per US$ of GDP +5.4%
2007 3.2 constant LCU per US$ of GDP -8.6%
2008 2.91 constant LCU per US$ of GDP -9.3%
2009 2.31 constant LCU per US$ of GDP -20.6%
2010 2.42 constant LCU per US$ of GDP +4.6%
2011 2.73 constant LCU per US$ of GDP +13.1%
2012 2.68 constant LCU per US$ of GDP -1.8%
2013 2.54 constant LCU per US$ of GDP -5.4%
2014 2.43 constant LCU per US$ of GDP -4.1%
2015 2.08 constant LCU per US$ of GDP -14.6%
2016 2 constant LCU per US$ of GDP -3.7%
2017 1.98 constant LCU per US$ of GDP -1.4%
2018 1.89 constant LCU per US$ of GDP -4.2%
2019 1.89 constant LCU per US$ of GDP +0.0%
2020 1.37 constant LCU per US$ of GDP -27.8%
2021 1.74 constant LCU per US$ of GDP +27.6%
2022 1.63 constant LCU per US$ of GDP -6.4%
2023 1.61 constant LCU per US$ of GDP -1.0%
2024 1.53 constant LCU per US$ of GDP -5.4%
2025 1.56 constant LCU per US$ of GDP +2.0%

Maldives compared with similar countries

  • Maldives's 1.56 constant LCU per US$ of GDP is above the median for upper middle income countries, which is 0.3532 constant LCU per US$ of GDP, 4.4× the median. (54 countries reporting)
  • Maldives's 1.56 constant LCU per US$ of GDP is below the median for South Asia, which is 4.48 constant LCU per US$ of GDP, 35% of the median. (6 countries reporting)

Biggest year-on-year movements

Years where Taxes less subsidies on products (constant LCU), per unit of GDP 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.

YearChange FromTo
2021 +27.6% 1.37 constant LCU per US$ of GDP 1.74 constant LCU per US$ of GDP

Averages by decade

DecadeAverage LowestHighest Years
1990s 7.1 constant LCU per US$ of GDP 6.94 constant LCU per US$ of GDP 7.23 constant LCU per US$ of GDP 5
2000s 4.08 constant LCU per US$ of GDP 2.31 constant LCU per US$ of GDP 6.83 constant LCU per US$ of GDP 10
2010s 2.26 constant LCU per US$ of GDP 1.89 constant LCU per US$ of GDP 2.73 constant LCU per US$ of GDP 10
2020s 1.57 constant LCU per US$ of GDP 1.37 constant LCU per US$ of GDP 1.74 constant LCU per US$ of GDP 6

Countries ranked near Maldives

  1. 65 Seychelles 2.05 constant LCU per US$ of GDP compare
  2. 66 Equatorial Guinea 1.73 constant LCU per US$ of GDP compare
  3. 67 Bhutan 1.63 constant LCU per US$ of GDP compare
  4. 69 Czechia 1.47 constant LCU per US$ of GDP compare
  5. 70 Haiti 1.45 constant LCU per US$ of GDP compare
  6. 71 Egypt 1.22 constant LCU per US$ of GDP compare

See the full ranking of 190 places →

More economy & growth data for Maldives

All data for Maldives →

Frequently asked questions

What is taxes less subsidies on products (constant lcu), per unit of gdp in Maldives?
Taxes less subsidies on products (constant lcu), per unit of gdp in Maldives was 1.56 constant LCU per US$ of GDP in 2025, according to Statizoid (derived).
What is the highest taxes less subsidies on products (constant lcu), per unit of gdp recorded in Maldives?
The highest recorded value was 7.23 constant LCU per US$ of GDP in 1995.
What is the lowest taxes less subsidies on products (constant lcu), per unit of gdp recorded in Maldives?
The lowest recorded value was 1.37 constant LCU per US$ of GDP in 2020.
How does Maldives rank for taxes less subsidies on products (constant lcu), per unit of gdp?
Maldives ranks 68th out of 189 countries with data for 2025.
Is taxes less subsidies on products (constant lcu), per unit of gdp rising or falling in Maldives?
Over the last ten years it is down 25.1%. 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 less subsidies on products (constant LCU), per unit of GDP. Statizoid updates them automatically from the source API.

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Taxes less subsidies on products (constant LCU), per unit of GDP in Maldives. Statizoid, drawing on Statizoid (derived). Retrieved 23 September 2026, from https://economy.statizoid.com/stat/taxes-less-subsidies-on-products-constant-lcu-per-unit-of-gdp/maldives/

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How this figure is calculated

Taxes less subsidies on products (constant 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 less subsidies on products (constant LCU) ÷ GDP (current US$)

Computed from

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

Indicator
Taxes less subsidies on products (constant LCU), per unit of GDP
Unit
constant LCU per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
190 places, 7,344 data points, 1960–2025
Last refreshed

Taxes less subsidies on products (constant 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.