Maldives—Taxes on Goods & Services (% of revenue)
Category: Fiscal & MonetarySource: World Bank World Development IndicatorsGlobal Rank: #27 of 139
Latest Value
42.3%
2021
YoY Change
+28.5%
2020 → 2021
Global Rank
#27
of 139 countries
Maximum
42.3%
2021
Minimum
8.1%
2007
CAGR
+5.9%
20 years
Last
42.3%
Previous
32.9%
Highest
42.3%
Lowest
8.1%
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2021 | 42.3% | +28.5% |
| 2020 | 32.9% | -16.6% |
| 2019 | 39.4% | -2.3% |
| 2018 | 40.4% | +0.7% |
| 2017 | 40.1% | +1.9% |
| 2016 | 39.3% | +4.7% |
| 2015 | 37.6% | +0.1% |
| 2014 | 37.5% | +111.9% |
| 2011 | 17.7% | +81.1% |
| 2010 | 9.8% | -8.4% |
| 2009 | 10.7% | +24.1% |
| 2008 | 8.6% | +6.6% |
| 2007 | 8.1% | -10.4% |
| 2006 | 9.0% | +5.3% |
| 2005 | 8.5% | -35.4% |
| 2004 | 13.2% | +2.6% |
| 2003 | 12.9% | +3.3% |
| 2002 | 12.5% | -2.4% |
| 2001 | 12.8% | +0.7% |
| 2000 | 12.7% |
Top Countries — Taxes on Goods & Services (% of revenue)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Macao SAR, China | 71.7% | 2023 |
| 2 | Bahamas, The | 57.1% | 2023 |
| 3 | Lao PDR | 53.9% | 2022 |
| 4 | Mauritius | 53.3% | 2024 |
| 5 | Guatemala | 51.5% | 2023 |
| 6 | Armenia | 48.2% | 2024 |
| 7 | Dominican Republic | 47.9% | 2024 |
| 8 | Croatia | 47.1% | 2023 |
| 9 | Nicaragua | 46.5% | 2023 |
| 10 | Burundi | 46.4% | 2021 |
About This Indicator
Definition
General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. This indicator is expressed as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.
Methodology
Data compiled by Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
Source: World Bank - World Development IndicatorsView original source →