Taxes less subsidies on products (current US$), annual growth rate in Maldives
Maldives: Taxes less subsidies on products (current US$), annual growth rate was 19.63 % change on previous year in 2025. ◆ Volatile
Taxes less subsidies on products (current US$), annual growth rate in Maldives, 2004–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2025, taxes less subsidies on products (current us$), annual growth rate in Maldives stood at 19.63 % change on previous year.
Compared with earlier readings it is up 112.9% on the previous year and up 17.2% over ten years.
Over the whole period, taxes less subsidies on products (current us$), annual growth rate in Maldives peaked at 92.3 % change on previous year in 2021 and was at its lowest, -52.15 % change on previous year, in 2020.
That places Maldives 33rd out of 197 countries with data for 2025, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products (current US$), annual growth rate in Maldives, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2004 | 30.42 % change on previous year | — |
| 2005 | 0.7424 % change on previous year | -97.6% |
| 2006 | 35.6 % change on previous year | +4695.3% |
| 2007 | 18.49 % change on previous year | -48.1% |
| 2008 | 5.07 % change on previous year | -72.6% |
| 2009 | -23.4 % change on previous year | -561.2% |
| 2010 | 13.59 % change on previous year | -158.1% |
| 2011 | 40.3 % change on previous year | +196.5% |
| 2012 | 4.74 % change on previous year | -88.2% |
| 2013 | 31.04 % change on previous year | +554.3% |
| 2014 | 11.41 % change on previous year | -63.2% |
| 2015 | 16.75 % change on previous year | +46.8% |
| 2016 | 23.58 % change on previous year | +40.8% |
| 2017 | 14.68 % change on previous year | -37.8% |
| 2018 | 8.83 % change on previous year | -39.8% |
| 2019 | -2.73 % change on previous year | -130.9% |
| 2020 | -52.15 % change on previous year | +1811.1% |
| 2021 | 92.3 % change on previous year | -277.0% |
| 2022 | 9.17 % change on previous year | -90.1% |
| 2023 | 35.84 % change on previous year | +291.0% |
| 2024 | 9.22 % change on previous year | -74.3% |
| 2025 | 19.63 % change on previous year | +112.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 11.15 % change on previous year | -23.4 % change on previous year | 35.6 % change on previous year | 6 |
| 2010s | 16.22 % change on previous year | -2.73 % change on previous year | 40.3 % change on previous year | 10 |
| 2020s | 19 % change on previous year | -52.15 % change on previous year | 92.3 % change on previous year | 6 |
Countries ranked near Maldives
- 30 Marshall Islands 20.73 % change on previous year compare
- 31 Armenia 20.64 % change on previous year compare
- 32 Senegal 20.16 % change on previous year compare
- 34 Türkiye 19.51 % change on previous year compare
- 35 Montenegro 19.41 % change on previous year compare
- 36 Cape Verde 18.54 % change on previous year compare
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)
- Exports of goods and services (current LCU), annual growth rate 12.68 % change on previous year (2024)
- Exports of goods and services (current LCU), per unit of GDP 12.04 current LCU per US$ of GDP (2024)
- Exports of goods and services (current LCU), per capita 161,041 current LCU per person (2024)
- Exports of goods and services (constant 2015 US$), annual growth rate 5.18 % change on previous year (2024)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.8459 constant 2015 US$ per US$ of GDP (2024)
- Exports of goods and services (constant 2015 US$), per capita 11,317 constant 2015 US$ per person (2024)
- Gross fixed capital formation (current US$), annual growth rate 6.73 % change on previous year (2024)
- Gross fixed capital formation (current US$), per unit of GDP 0.3484 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is taxes less subsidies on products (current us$), annual growth rate in Maldives?
- Taxes less subsidies on products (current us$), annual growth rate in Maldives was 19.63 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current us$), annual growth rate recorded in Maldives?
- The highest recorded value was 92.3 % change on previous year in 2021.
- What is the lowest taxes less subsidies on products (current us$), annual growth rate recorded in Maldives?
- The lowest recorded value was -52.15 % change on previous year in 2020.
- How does Maldives rank for taxes less subsidies on products (current us$), annual growth rate?
- Maldives ranks 33rd out of 197 countries with data for 2025.
- Is taxes less subsidies on products (current us$), annual growth rate rising or falling in Maldives?
- Over the last ten years it is up 17.2%. 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 (current US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Taxes less subsidies on products (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
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
The year-on-year percentage change in Taxes less subsidies on products (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.