Maldives—Tax Revenue (% of GDP)
Category: Fiscal & MonetarySource: World Bank World Development Indicators ↗Global Rank: #51 of 139Updated June 2026
Latest Value
19.5%
2021
YoY Change
-3.3%
2020 → 2021
Global Rank
#51
of 139 countries
Maximum
20.7%
2017
Minimum
8.8%
2010
CAGR
+1.6%
20 years
Last
19.5%
Previous
20.1%
Highest
20.7%
Lowest
8.8%
Source
World Bank World Development Indicators
Maldives's tax revenue (% of GDP) was 19.5% in 2021, ranking #51 out of 139 countries. This represents a -3.3% change from 2020. Over the past 20 years, the highest recorded value was 20.7% (2017) and the lowest was 8.8% (2010). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2021 | 19.5% | -3.3% |
| 2020 | 20.1% | +0.9% |
| 2019 | 19.9% | -1.0% |
| 2018 | 20.1% | -2.6% |
| 2017 | 20.7% | +3.6% |
| 2016 | 20.0% | +1.7% |
| 2015 | 19.7% | +1.7% |
| 2014 | 19.3% | +60.0% |
| 2011 | 12.1% | +36.5% |
| 2010 | 8.8% | -2.8% |
| 2009 | 9.1% | -21.4% |
| 2008 | 11.6% | -4.7% |
| 2007 | 12.1% | +3.3% |
| 2006 | 11.8% | +1.6% |
| 2005 | 11.6% | +10.3% |
| 2004 | 10.5% | +11.3% |
| 2003 | 9.4% | -0.9% |
| 2002 | 9.5% | -3.2% |
| 2001 | 9.8% | -28.8% |
| 2000 | 13.8% |
Top Countries — Tax Revenue (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Lesotho | 37.3% | 2024 |
| 2 | Denmark | 33.4% | 2024 |
| 3 | Namibia | 33.0% | 2023 |
| 4 | New Zealand | 29.7% | 2024 |
| 5 | Luxembourg | 28.6% | 2024 |
| 6 | Greece | 27.4% | 2024 |
| 7 | Sweden | 27.3% | 2024 |
| 8 | United Kingdom | 27.0% | 2024 |
| 9 | Austria | 25.8% | 2024 |
| 10 | Italy | 25.6% | 2024 |
About This Indicator
Definition
Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Methodology
Data compiled by Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).