Table 6.3 Central Government Expenditure and Net Lending, 2020 - 2026 1/
(Millions of MVR)
Period Total expenditure Net Lending
Expenditure on goods & services Interest payments Subsidies & transfers Capital Expenditure
o/w
Salaries & wages Other allowances Transportaion, communicaton & utilities Social welfare contributions Others
(2+8+9+10)
(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11)
2020
28,753.5
16,352.8
4,378.0
3,827.8
1,620.3
3,451.9
3,074.7
1,603.9
2,350.8
8,446.1
-175.3
2021
32,859.4
19,656.1
4,625.5
4,055.9
2,258.5
4,906.3
3,809.7
2,104.5
2,276.0
8,822.9
0.7
2022
40,059.9
na
4,936.4
4,447.4
2,248.1
na
na
3,452.4
na
11,969.1
na
2023
44,893.6
na
5,343.0
4,864.7
2,597.1
na
na
4,195.2
na
12,603.3
na
2024
45,870.9
na
6,131.5
5,472.8
2,612.2
na
na
4,668.6
na
11,000.0
na
2025 2/
44,285.5
na
6,803.1
5,749.7
3,143.4
na
na
4,861.1
na
7,049.5
na
2026 2/
49,214.4
na
8,686.1
6,106.3
2,833.0
na
na
5,557.3
na
9,284.4
na
Period
y/y % change
Total expenditure Expenditure on goods & services Salaries & wages Other allowances Transportaion, communicaton & utilities Social welfare contributions Others Interest payments Subsidies & transfers Capital Expenditure Net Lending
(12) (13) (14) (15) (16) (17) (18) (19) (20) (21) (22)
2020
-0.8
-6.9
-5.7
4.8
-16.1
-12.3
-9.8
4.1
4.0
10.8
-133.1
2021
14.3
20.2
5.7
6.0
39.4
42.1
23.9
31.2
-3.2
4.5
100.4
2022
21.9
na
6.7
9.7
-0.5
na
na
64.1
na
35.7
na
2023
12.1
na
8.2
9.4
15.5
na
na
21.5
na
5.3
na
2024
2.2
na
14.8
12.5
0.6
na
na
11.3
na
-12.7
na
2025 2/
-3.5
na
11.0
5.1
20.3
na
na
4.1
na
-35.9
na
2026 2/
11.1
na
27.7
6.2
-9.9
na
na
14.3
na
31.7
na
Source: Ministry of Finance and Planning
1/Format is based on the IMF Government Finance Statistics Manual (GFSM 1986).Figures prior to 2022 were compiled using annual data published by the Ministry of Finance and Planning in the Government Finance Statistics publication. Figures from 2022 to 2026 are compiled from Maldives National Budget tables. The table will be updated in accordance with the IMF Government Finance Statistics Manual 2014 once updated data is received from the Ministry of Finance and Planning.
2/Figures for 2024 are actuals, figures for 2025 are revised estimates and figures for 2026 are projections as per the approved government budget for 2026.