Taxes less subsidies on products in Maldives
Maldives: Taxes less subsidies on products was 19.36 billion current LCU in 2025. ◆ Volatile
Taxes less subsidies on products in Maldives, 2003–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
Maldives recorded 19.36 billion current LCU for taxes less subsidies on products in 2025. That is the highest value across all 23 years on record.
That represents a change of up 19.8% on the previous year and up 168.4% over ten years.
Over the whole period, taxes less subsidies on products in Maldives peaked at 19.36 billion current LCU in 2025 and was at its lowest, 1.24 billion current LCU, in 2003.
That places Maldives 119th out of 197 countries with data for 2025, putting it 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 in Maldives, year by year
| Year | current LCU | Change |
|---|---|---|
| 2003 | 1.24 billion current LCU | — |
| 2004 | 1.62 billion current LCU | +30.4% |
| 2005 | 1.63 billion current LCU | +0.7% |
| 2006 | 2.21 billion current LCU | +35.6% |
| 2007 | 2.62 billion current LCU | +18.5% |
| 2008 | 2.76 billion current LCU | +5.1% |
| 2009 | 2.11 billion current LCU | -23.4% |
| 2010 | 2.40 billion current LCU | +13.6% |
| 2011 | 3.84 billion current LCU | +60.1% |
| 2012 | 4.23 billion current LCU | +10.2% |
| 2013 | 5.55 billion current LCU | +31.1% |
| 2014 | 6.18 billion current LCU | +11.5% |
| 2015 | 7.21 billion current LCU | +16.6% |
| 2016 | 8.91 billion current LCU | +23.6% |
| 2017 | 10.24 billion current LCU | +14.8% |
| 2018 | 11.14 billion current LCU | +8.9% |
| 2019 | 10.83 billion current LCU | -2.8% |
| 2020 | 5.18 billion current LCU | -52.1% |
| 2021 | 9.96 billion current LCU | +92.2% |
| 2022 | 10.88 billion current LCU | +9.3% |
| 2023 | 14.79 billion current LCU | +35.8% |
| 2024 | 16.15 billion current LCU | +9.2% |
| 2025 | 19.36 billion current LCU | +19.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.03 billion current LCU | 1.24 billion current LCU | 2.76 billion current LCU | 7 |
| 2010s | 7.05 billion current LCU | 2.40 billion current LCU | 11.14 billion current LCU | 10 |
| 2020s | 12.72 billion current LCU | 5.18 billion current LCU | 19.36 billion current LCU | 6 |
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 taxes less subsidies on products in Maldives?
- Taxes less subsidies on products in Maldives was 19.36 billion current LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest taxes less subsidies on products recorded in Maldives?
- The highest recorded value was 19.36 billion current LCU in 2025.
- What is the lowest taxes less subsidies on products recorded in Maldives?
- The lowest recorded value was 1.24 billion current LCU in 2003.
- How does Maldives rank for taxes less subsidies on products?
- Maldives ranks 119th out of 197 countries with data for 2025.
- Is taxes less subsidies on products rising or falling in Maldives?
- Over the last ten years it is up 168.4%. The long-run trend across the full record is volatile.
- Where does this Maldives data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Taxes less subsidies on products (current LCU). Statizoid updates them automatically from the source API.
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About this data
Taxes less subsidies on products are taxes payable per unit of a good or service. 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.