Goods and services tax

1.72B
Rufiyaa Dec 2025
32.3% vs. previous month
20.5% vs. same month previous year
4.25B
Rufiyaa Q4 2025
23.2% vs. previous quarter
17.2% vs. same quarter previous year
16.43B
Rufiyaa 2025
12.8% vs. previous year
Month
Quarter
Year
Composition of Goods and services tax for December 2025
Hover over a slice to see the share
Composition of Goods and services tax for Q4 2025
Hover over a slice to see the share
Composition of Goods and services tax for 2025
Hover over a slice to see the share
Values in Billions (B) of Rufiyaa
2017 2018 2019 2020 2021 2022 2023 2024 2025
Jan 0.77 0.82 0.79 0.81 0.73 1.05 1.62 1.41 1.59
Feb 0.58 0.79 0.77 0.62 0.73 0.96 1.18 1.63 1.23
Mar 0.73 0.80 0.75 0.64 0.79 1.10 1.30 1.52 1.93
Apr 0.56 0.72 0.88 0.24 0.74 0.98 1.22 1.45 1.65
May 0.70 0.65 0.67 0.11 0.50 0.83 1.14 1.10 1.36
Jun 0.24 0.43 0.49 0.13 0.50 0.61 0.47 0.75 0.96
Jul 0.63 0.53 0.53 0.29 0.29 0.58 1.22 0.98 1.07
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
Q1 2.08 2.41 2.31 2.07 2.25 3.11 4.10 4.57 4.75
Q2 1.50 1.80 2.03 0.48 1.74 2.41 2.83 3.30 3.98
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 - Dec 2025
Frequency Monthly
Source
Ministry of Finance and Planning

© 2026, Maldives Monetary Authority