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Paying taxes: Profit tax in Maldives

Maldives: Paying taxes: Profit tax was 13.1% in 2019. ◆ Volatile

Latest (2019)
13.1%
Change on year
unchanged
World rank
114th
of 190 countries
All-time high
13.1%
in 2013
All-time low
0.0%
in 2005
Years of data
15
2005–2019

Paying taxes: Profit tax in Maldives, 2005–2019

0510152005201220192005: 0 % of profits2006: 0 % of profits2007: 0 % of profits2008: 0 % of profits2009: 0 % of profits2010: 0 % of profits2011: 0 % of profits2012: 11.3 % of profits2013: 13.1 % of profits2014: 13.1 % of profits2015: 13.1 % of profits2016: 13.1 % of profits2017: 13.1 % of profits2018: 13.1 % of profits2019: 13.1 % of profits

Source: World Bank. Measured in % of profits.

Analysis

The most recent figure for paying taxes: profit tax in Maldives is 13.1%, measured in 2019. That is the highest value across all 15 years on record.

That represents a change of unchanged over five years.

Over the whole period, paying taxes: profit tax in Maldives peaked at 13.1% in 2013 and was at its lowest, 0.0%, in 2005.

That places Maldives 114th out of 190 countries with data for 2019, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Paying taxes: Profit tax in Maldives, year by year

Year % of profits Change
2005 0.0% —
2006 0.0% —
2007 0.0% —
2008 0.0% —
2009 0.0% —
2010 0.0% —
2011 0.0% —
2012 11.3% —
2013 13.1% +15.9%
2014 13.1% +0.0%
2015 13.1% +0.0%
2016 13.1% +0.0%
2017 13.1% +0.0%
2018 13.1% +0.0%
2019 13.1% +0.0%

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.0% 0.0% 0.0% 5
2010s 10.3% 0.0% 13.1% 10

Countries ranked near Maldives

  1. 111 Jamaica 13.6% compare
  2. 111 Tunisia 13.6% compare
  3. 113 Viet Nam 13.2% compare
  4. 114 Sweden 13.1% compare
  5. 116 Serbia 13.0% compare
  6. 117 Azerbaijan 12.7% compare
  7. 117 Slovenia 12.7% compare

See the full ranking of 190 places →

More reference data data for Maldives

All data for Maldives →

Frequently asked questions

What is paying taxes: profit tax in Maldives?
Paying taxes: profit tax in Maldives was 13.1% in 2019, according to the World Bank.
What is the highest paying taxes: profit tax recorded in Maldives?
The highest recorded value was 13.1% in 2013.
What is the lowest paying taxes: profit tax recorded in Maldives?
The lowest recorded value was 0.0% in 2005.
How does Maldives rank for paying taxes: profit tax?
Maldives ranks 114th out of 190 countries with data for 2019.
Where does this Maldives data come from?
The figures come from the World Bank, published as part of Paying taxes: Profit tax (% of profits). Statizoid updates them automatically from the source API.

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Paying taxes: Profit tax in Maldives. Statizoid. Retrieved 05 September 2026, from https://reference.statizoid.com/stat/paying-taxes-profit-tax-percent-of-profits/maldives/

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About this data

Indicator
Paying taxes: Profit tax (% of profits)
Unit
% of profits
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
190 places, 2,789 data points, 2005–2019
Last refreshed

The profit tax measures the amount of income taxes borne by the business in the second year of operation, expressed as a share of commercial pro?t.