Maldives recorded a Government Budget deficit equal to 16.60 percent of the country's Gross Domestic Product in 2021. source: Maldives Monetary Authority

Government Budget in Maldives averaged -7.06 percent of GDP from 1997 until 2021, reaching an all time high of -1.15 percent of GDP in 2004 and a record low of -23.50 percent of GDP in 2020. This page provides - Maldives Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Maldives Government Budget - values, historical data and charts - was last updated on August of 2022.

Government Budget in Maldives is expected to reach -10.00 percent of GDP by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Maldives Government Budget is projected to trend around -10.00 percent of GDP in 2023, according to our econometric models.

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Maldives Government Budget

Related Last Previous Unit Reference
Government Debt to GDP 66.60 86.20 percent of GDP Dec 2021
Government Budget -16.60 -23.50 percent of GDP Dec 2021
Fiscal Expenditure 2780.10 2633.30 MVR Million May 2022
Government Revenues 1650.50 2124.00 MVR Million May 2022
Government Budget Value -1129.60 -509.40 MVR Million May 2022

Maldives Government Budget
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.
Actual Previous Highest Lowest Dates Unit Frequency
-16.60 -23.50 -1.15 -23.50 1997 - 2021 percent of GDP Yearly