Goods and services tax

927.55M
Rufiyaa Jul 2026
-14.5% vs. previous month
-13.5% vs. same month previous year
3.91B
Rufiyaa Q2 2026
-30.9% vs. previous quarter
-1.6% vs. same quarter previous year
16.43B
Rufiyaa 2025
12.8% vs. previous year
Month
Quarter
Year
Composition of Goods and services tax for July 2026
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Composition of Goods and services tax for Q2 2026
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Composition of Goods and services tax for 2025
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Values in Billions (B) of Rufiyaa
2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Jan 0.77 0.82 0.79 0.81 0.73 1.05 1.62 1.41 1.59 1.80
Feb 0.58 0.79 0.77 0.62 0.73 0.96 1.18 1.63 1.23 1.46
Mar 0.73 0.80 0.75 0.64 0.79 1.10 1.30 1.52 1.93 2.40
Apr 0.56 0.72 0.88 0.24 0.74 0.98 1.22 1.45 1.65 1.67
May 0.70 0.65 0.67 0.11 0.50 0.83 1.14 1.10 1.36 1.15
Jun 0.24 0.43 0.49 0.13 0.50 0.61 0.47 0.75 0.96 1.09
Jul 0.63 0.53 0.53 0.29 0.29 0.58 1.22 0.98 1.07 0.93
Aug 0.48 0.54 0.47 0.29 0.69 0.64 0.93 1.07 1.16
Sep 0.45 0.49 0.52 0.22 0.54 0.64 0.53 1.02 1.22
Oct 0.57 0.66 0.56 0.25 0.58 0.71 1.30 1.11 1.23
Nov 0.59 0.63 0.62 0.31 0.69 0.79 1.12 1.09 1.30
Dec 0.60 0.65 0.70 0.40 0.95 0.89 1.21 1.43 1.72
2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Q1 2.08 2.41 2.31 2.07 2.25 3.11 4.10 4.57 4.75 5.66
Q2 1.50 1.80 2.03 0.48 1.74 2.41 2.83 3.30 3.98 3.91
Q3 1.55 1.55 1.52 0.80 1.52 1.86 2.67 3.07 3.45
Q4 1.76 1.93 1.88 0.96 2.23 2.39 3.64 3.63 4.25
2017 2018 2019 2020 2021 2022 2023 2024 2025
6.88 7.69 7.75 4.31 7.73 9.78 13.24 14.56 16.43
Data
ID 2007
Range Jan 2017 - Jul 2026
Frequency Monthly
Source
Ministry of Finance and Planning

© 2026, Maldives Monetary Authority