MMA Statistics Database
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Fiscal Sector / Monthly Fiscal Developments / Total revenue and grants / Tax revenue / Business and property tax

Withholding tax

67.92M
Rufiyaa • Sep 2025
-35.9% vs. previous month
-11.4% vs. same month previous year
277.15M
Rufiyaa • Q3 2025
-9.2% vs. previous quarter
-39.0% vs. same quarter previous year
1.32B
Rufiyaa • 2024
23.0% vs. previous year
Month
Quarter
Year
Composition chart is not applicable for this series
Composition chart is not applicable for this series
Composition chart is not applicable for this series
Values in Millions (M) of Rufiyaa
2017 2018 2019 2020 2021 2022 2023 2024 2025
Jan 37.54 82.09 86.90 77.67 75.65 86.95 127.46 141.41 135.98
Feb 79.02 85.73 76.80 68.57 54.88 75.67 102.16 91.02 80.02
Mar 42.90 47.97 62.93 68.35 48.81 83.60 77.25 110.18 111.20
Apr 54.21 64.10 52.81 34.71 58.40 91.41 117.79 108.70 112.56
May 64.22 51.82 68.56 16.30 54.76 43.85 75.68 102.34 81.94
Jun 35.02 36.96 44.74 22.83 60.51 63.60 68.05 63.29 110.84
Jul 47.49 48.55 52.20 58.48 50.17 80.61 155.78 107.04 103.20
Aug 32.97 46.45 40.04 23.49 141.55 109.99 61.12 270.83 106.03
Sep 45.04 37.25 42.01 25.72 41.43 88.60 68.60 76.70 67.92
Oct 35.66 43.06 43.53 28.13 46.01 71.72 90.18 64.39
Nov 42.45 45.14 39.32 25.07 46.96 74.28 57.99 58.55
Dec 53.95 43.81 78.63 34.24 62.11 71.98 69.32 123.58
2017 2018 2019 2020 2021 2022 2023 2024 2025
Q1 159.47 215.78 226.63 214.59 179.34 246.21 306.87 342.61 327.20
Q2 153.46 152.88 166.11 73.85 173.68 198.87 261.53 274.33 305.34
Q3 125.50 132.24 134.24 107.69 233.16 279.19 285.49 454.57 277.15
Q4 132.06 132.01 161.48 87.44 155.08 217.98 217.50 246.51
2017 2018 2019 2020 2021 2022 2023 2024
570.49 632.91 688.46 483.57 741.25 942.25 1,071.39 1,318.02
Data
ID 2004
Range Jan 2017 - Sep 2025
Frequency Monthly
Source
Ministry of Finance and Planning

© 2025, Maldives Monetary Authority