Paying taxes: Total tax and contribution rate in Maldives
Maldives: Paying taxes: Total tax and contribution rate was 30.2% in 2019. ◆ Volatile
Paying taxes: Total tax and contribution rate in Maldives, 2005–2019
Source: World Bank. Measured in % of profit.
Analysis
The most recent figure for paying taxes: total tax and contribution rate in Maldives is 30.2%, measured in 2019. That is the highest value across all 15 years on record.
That represents a change of up 224.7% over ten years.
Over the whole period, paying taxes: total tax and contribution rate in Maldives peaked at 30.2% in 2013 and was at its lowest, 9.3%, in 2005.
Maldives ranks 142nd of 190 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Paying taxes: Total tax and contribution rate in Maldives, year by year
| Year | % of profit | Change |
|---|---|---|
| 2005 | 9.3% | — |
| 2006 | 9.3% | +0.0% |
| 2007 | 9.3% | +0.0% |
| 2008 | 9.3% | +0.0% |
| 2009 | 9.3% | +0.0% |
| 2010 | 9.3% | +0.0% |
| 2011 | 9.3% | +0.0% |
| 2012 | 25.9% | +178.5% |
| 2013 | 30.2% | +16.6% |
| 2014 | 30.2% | +0.0% |
| 2015 | 30.2% | +0.0% |
| 2016 | 30.2% | +0.0% |
| 2017 | 30.2% | +0.0% |
| 2018 | 30.2% | +0.0% |
| 2019 | 30.2% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 9.3% | 9.3% | 9.3% | 5 |
| 2010s | 25.6% | 9.3% | 30.2% | 10 |
Countries ranked near Maldives
- 139 Sierra Leone 30.7% compare
- 140 Guyana 30.6% compare
- 140 United Kingdom of Great Britain and Northern Ireland 30.6% compare
- 143 Indonesia 30.1% compare
- 143 Seychelles 30.1% compare
- 145 Thailand 29.5% compare
More reference data data for Maldives
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.0011 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.0011 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.0044 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0 (2050)
- Emission Totals - Emissions (N2O) - Burning - Crop residues 0 (2050)
- Emission Totals - Emissions (N2O) - Agricultural Soils 0.0044 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - IPCC Agriculture 1.16 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Crop Residues 0.012 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Burning - Crop 0.0004 (2050)
Frequently asked questions
- What is paying taxes: total tax and contribution rate in Maldives?
- Paying taxes: total tax and contribution rate in Maldives was 30.2% in 2019, according to the World Bank.
- What is the highest paying taxes: total tax and contribution rate recorded in Maldives?
- The highest recorded value was 30.2% in 2013.
- What is the lowest paying taxes: total tax and contribution rate recorded in Maldives?
- The lowest recorded value was 9.3% in 2005.
- How does Maldives rank for paying taxes: total tax and contribution rate?
- Maldives ranks 142nd out of 190 countries with data for 2019.
- Is paying taxes: total tax and contribution rate rising or falling in Maldives?
- Over the last ten years it is up 224.7%. The long-run trend across the full record is volatile.
- Where does this Maldives data come from?
- The figures come from the World Bank, published as part of Paying taxes: Total tax and contribution rate (% of profit). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The total tax and contribution rate measures the amount of taxes and mandatory contributions borne by the business in the second year of operation, expressed as a share of commercial pro?t. The total amount of taxes and contributions borne is the sum of all the different taxes and contributions payable after accounting for allowable deductions and exemptions. The taxes withheld (such as personal income tax) or collected by the company and remitted to the tax authorities (such as VAT, sales tax or goods and service tax) but not borne by the company are excluded.