Maldives: Taxes on exports (current LCU)

Key figures

Since 1979 it is up 2,694% from 1.2 million in 1979 (8.25% a year on average, compounded). The World Bank has no value for 28 of the years in between; the chart leaves those gaps open rather than joining across them.

What the numbers say

On record, the biggest yearly rise was 1,300% in 1995 and the biggest yearly fall was 92.9% in 1996. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

Closest to Maldives in the 2021 ranking

• Cameroon — 1st of 5: 38.51 billion
• Congo, Rep. — 2nd of 5: 8.33 billion
• Burundi — 3rd of 5: 253.74 million
• Bangladesh — 5th of 5: 5.89 million

What this measures

Export taxes are taxes on goods or services that become payable to government when the goods leave the economic territory or when the services are delivered to non-residents. 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.

Limitations: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD).

All 15 values

Taxes on exports (current LCU) in nearby economies

• Bangladesh — 5.89 million (2021)
• India — 1.12 billion (2018)
• Nepal — 350.12 million (2023)
• Sri Lanka — 2.23 billion (2023)

More public sector data for Maldives

• Grants and other revenue (current LCU) — 5.92 billion (2021)
• Grants and other revenue (% of revenue) — 27.37% (2021)
• Revenue, excluding grants (current LCU) — 20.01 billion (2021)
• Revenue, excluding grants (% of GDP) — 24.78% (2021)
• Taxes on goods and services (current LCU) — 9.14 billion (2021)
• Taxes on goods and services (% of revenue) — 42.27% (2021)
• Customs and other import duties (current LCU) — 2.84 billion (2021)
• Customs and other import duties (% of tax revenue) — 18.06% (2021)
• Taxes on international trade (current LCU) — 3.83 billion (2021)

Reading data like this

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Questions people ask

What is Maldives's taxes on exports (current LCU)?

33.52 million in 2021, according to the World Bank (World Development Indicators).

How has it changed since 1979?

It is up 2,694% from 1.2 million in 1979 (8.25% a year on average, compounded). The highest value was 33.52 million in 2021 and the lowest 13,371 in 2014.

Where does this data come from?

The World Bank's World Development Indicators, licensed CC BY 4.0. Original source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).

Source

World Bank, World Development Indicators, indicator GC.TAX.EXPT.CN, licensed CC BY 4.0. Original source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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