Goods and services tax

1.02B
Rufiyaa Sep 2024
-4.1% vs. last month
94.6% vs. same month last year
3.07B
Rufiyaa Q3 2024
-7.1% vs. last quarter
14.9% vs. same quarter last year
13.24B
Rufiyaa 2023
35.8% vs. last year
Month
Quarter
Year
Composition of Goods and services tax for September 2024
Hover over a slice to see the share
Composition of Goods and services tax for Q3 2024
Hover over a slice to see the share
Composition of Goods and services tax for 2024
Hover over a slice to see the share
Values in Billions (B) of Rufiyaa
2017 2018 2019 2020 2021 2022 2023 2024
Jan 0.77 0.82 0.79 0.81 0.73 1.05 1.62 1.41
Feb 0.58 0.79 0.77 0.62 0.73 0.95 1.18 1.63
Mar 0.73 0.80 0.75 0.64 0.79 1.10 1.30 1.52
Apr 0.56 0.72 0.88 0.24 0.74 0.98 1.22 1.45
May 0.70 0.65 0.67 0.11 0.50 0.83 1.14 1.10
Jun 0.24 0.43 0.49 0.13 0.50 0.61 0.47 0.75
Jul 0.63 0.53 0.53 0.29 0.29 0.58 1.22 0.98
Aug 0.48 0.54 0.47 0.29 0.69 0.64 0.93 1.07
Sep 0.45 0.49 0.52 0.22 0.54 0.64 0.53 1.02
Oct 0.57 0.66 0.56 0.25 0.58 0.70 1.30
Nov 0.59 0.63 0.62 0.31 0.69 0.79 1.12
Dec 0.60 0.64 0.70 0.40 0.95 0.88 1.21
2017 2018 2019 2020 2021 2022 2023 2024
Q1 2.08 2.41 2.31 2.07 2.25 3.11 4.10 4.57
Q2 1.50 1.80 2.03 0.48 1.74 2.41 2.83 3.30
Q3 1.55 1.55 1.52 0.80 1.52 1.85 2.67 3.07
Q4 1.76 1.93 1.88 0.96 2.23 2.37 3.64
2017 2018 2019 2020 2021 2022 2023
6.88 7.69 7.75 4.31 7.73 9.75 13.24
Data
ID 2007
Range Jan 2017 - Sep 2024
Frequency Monthly
Source
Ministry of Finance and Planning

© 2025, Maldives Monetary Authority