Taxes on income vs. taxes on goods and services in Maldives
Maldives: Taxes on income vs. taxes on goods and services was 15.0% in 2023. ◆ Volatile
Taxes on income vs. taxes on goods and services in Maldives, 1980–2023
Source: UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data. Measured in % of GDP.
Analysis
In 2023, taxes on income vs. taxes on goods and services in Maldives stood at 15.0%. That is the highest value across all 44 years on record.
That represents a change of up 23.2% on the previous year and up 54.5% over ten years.
Over the whole period, taxes on income vs. taxes on goods and services in Maldives peaked at 15.0% in 2023 and was at its lowest, 0.7%, in 1980.
Maldives ranks 13th of 187 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes on income vs. taxes on goods and services in Maldives, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1980 | 0.7% | — |
| 1981 | 1.0% | +48.7% |
| 1982 | 2.1% | +117.0% |
| 1983 | 2.4% | +12.9% |
| 1984 | 2.2% | -8.4% |
| 1985 | 2.8% | +27.5% |
| 1986 | 2.4% | -13.6% |
| 1987 | 2.6% | +9.9% |
| 1988 | 2.9% | +8.8% |
| 1989 | 4.5% | +58.2% |
| 1990 | 4.5% | -0.5% |
| 1991 | 4.3% | -5.7% |
| 1992 | 4.3% | +1.3% |
| 1993 | 3.9% | -10.4% |
| 1994 | 3.9% | +1.0% |
| 1995 | 3.7% | -6.1% |
| 1996 | 3.7% | +0.9% |
| 1997 | 3.6% | -4.1% |
| 1998 | 3.4% | -3.6% |
| 1999 | 3.3% | -3.1% |
| 2000 | 3.2% | -3.9% |
| 2001 | 3.3% | +2.3% |
| 2002 | 3.2% | -2.1% |
| 2003 | 2.9% | -8.2% |
| 2004 | 2.9% | -2.1% |
| 2005 | 2.3% | -18.6% |
| 2006 | 2.6% | +9.7% |
| 2007 | 2.3% | -8.7% |
| 2008 | 2.0% | -14.7% |
| 2009 | 1.8% | -10.0% |
| 2010 | 1.9% | +8.6% |
| 2011 | 4.9% | +153.8% |
| 2012 | 8.3% | +67.7% |
| 2013 | 9.7% | +17.2% |
| 2014 | 10.2% | +4.5% |
| 2015 | 10.4% | +2.6% |
| 2016 | 11.0% | +5.1% |
| 2017 | 11.3% | +3.1% |
| 2018 | 11.0% | -2.3% |
| 2019 | 10.6% | -3.7% |
| 2020 | 8.7% | -18.6% |
| 2021 | 11.2% | +28.9% |
| 2022 | 12.2% | +9.4% |
| 2023 | 15.0% | +23.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 2.4% | 0.7% | 4.5% | 10 |
| 1990s | 3.9% | 3.3% | 4.5% | 10 |
| 2000s | 2.6% | 1.8% | 3.3% | 10 |
| 2010s | 8.9% | 1.9% | 11.3% | 10 |
| 2020s | 11.8% | 8.7% | 15.0% | 4 |
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 0 BoP, current US$ (1989)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0 BoP, current US$ per US$ of GDP (1989)
- Foreign direct investment, net outflows (BoP, current US$), per capita 0 BoP, current US$ per person (1989)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 806.20 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 5.13 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.1142 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,527 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 46.1 % change on previous year (2025)
Frequently asked questions
- What is taxes on income vs. taxes on goods and services in Maldives?
- Taxes on income vs. taxes on goods and services in Maldives was 15.0% in 2023, according to UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data.
- What is the highest taxes on income vs. taxes on goods and services recorded in Maldives?
- The highest recorded value was 15.0% in 2023.
- What is the lowest taxes on income vs. taxes on goods and services recorded in Maldives?
- The lowest recorded value was 0.7% in 1980.
- How does Maldives rank for taxes on income vs. taxes on goods and services?
- Maldives ranks 13th out of 187 countries with data for 2023.
- Is taxes on income vs. taxes on goods and services rising or falling in Maldives?
- Over the last ten years it is up 54.5%. The long-run trend across the full record is volatile.
- Where does this Maldives data come from?
- The figures come from UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data, published as part of Taxes on income vs. taxes on goods and services. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 44 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Total taxes on income (individual and corporate) vs. total taxes on goods and services (including VAT and sales taxes), as a share of GDP.