Taxes less subsidies on products (current US$) in Maldives
Maldives: Taxes less subsidies on products (current US$) was 1.26 billion current US$ 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 US$.
Analysis
Maldives recorded 1.26 billion current US$ for taxes less subsidies on products in 2025. That is the highest value across all 23 years on record.
The figure is up 19.6% on the previous year and up 167.5% over ten years.
Over the whole period, taxes less subsidies on products in Maldives peaked at 1.26 billion current US$ in 2025 and was at its lowest, 97.09 million current US$, in 2003.
That places Maldives 124th out of 199 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products (current US$) in Maldives, year by year
| Year | current US$ | Change |
|---|---|---|
| 2003 | 97.09 million current US$ | — |
| 2004 | 126.62 million current US$ | +30.4% |
| 2005 | 127.56 million current US$ | +0.7% |
| 2006 | 172.97 million current US$ | +35.6% |
| 2007 | 204.96 million current US$ | +18.5% |
| 2008 | 215.35 million current US$ | +5.1% |
| 2009 | 164.96 million current US$ | -23.4% |
| 2010 | 187.39 million current US$ | +13.6% |
| 2011 | 262.91 million current US$ | +40.3% |
| 2012 | 275.39 million current US$ | +4.7% |
| 2013 | 360.87 million current US$ | +31.0% |
| 2014 | 402.04 million current US$ | +11.4% |
| 2015 | 469.38 million current US$ | +16.7% |
| 2016 | 580.05 million current US$ | +23.6% |
| 2017 | 665.18 million current US$ | +14.7% |
| 2018 | 723.95 million current US$ | +8.8% |
| 2019 | 704.19 million current US$ | -2.7% |
| 2020 | 336.98 million current US$ | -52.1% |
| 2021 | 648.00 million current US$ | +92.3% |
| 2022 | 707.41 million current US$ | +9.2% |
| 2023 | 960.96 million current US$ | +35.8% |
| 2024 | 1.05 billion current US$ | +9.2% |
| 2025 | 1.26 billion current US$ | +19.6% |
Maldives compared with similar countries
- Maldives's 1.26 billion current US$ is below the median for upper middle income countries, which is 3.44 billion current US$, 37% of the median. (55 countries reporting)
- Maldives's 1.26 billion current US$ is below the median for South Asia, which is 8.24 billion current US$, 15% of the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 158.50 million current US$ | 97.09 million current US$ | 215.35 million current US$ | 7 |
| 2010s | 463.14 million current US$ | 187.39 million current US$ | 723.95 million current US$ | 10 |
| 2020s | 826.43 million current US$ | 336.98 million current US$ | 1.26 billion current US$ | 6 |
Countries ranked near Maldives
- 121 Papua New Guinea 1.38 billion current US$ compare
- 122 Namibia 1.37 billion current US$ compare
- 123 Tajikistan 1.34 billion current US$ compare
- 125 Qatar 1.21 billion current US$ compare
- 126 Botswana 1.14 billion current US$ compare
- 127 Afghanistan 1.07 billion current US$ 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)
- SDRs holdings, US dollar, annual growth rate 29.4 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0001 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1.08 units per person (2025)
- SDRs holdings, SDR, annual growth rate 23.22 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0001 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.7869 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0029 units 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 1.26 billion current US$ 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 1.26 billion current US$ in 2025.
- What is the lowest taxes less subsidies on products recorded in Maldives?
- The lowest recorded value was 97.09 million current US$ in 2003.
- How does Maldives rank for taxes less subsidies on products?
- Maldives ranks 124th out of 199 countries with data for 2025.
- Is taxes less subsidies on products rising or falling in Maldives?
- Over the last ten years it is up 167.5%. 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 US$). 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 indicator is expressed in United States dollars.