Grants

• The latest figure is MVR 17.7 million for Jul 2026, down 27.4% on the same month a year earlier.
• In the first 7 months of 2026 the total was MVR 454.7 million, up 133.4% on the same stretch of 2025.
• Over the latest 12 months it came to MVR 727.9 million, up 47.4% on the 12 months before.
• The change on a year earlier averaged +293.4% over the last three months, against +32.7% in the three months before: the year-on-year pace has picked up.

• Trend growth over the past 8 years is -5.3% a year (least-squares fit on the logarithm; R² 0.11, a loose fit: the series has not followed a steady path, and this rate says little).
• Measured end to end, compound growth is -12.3% a year over five years, on 12-month totals.
• The record high (12-month total) was MVR 1.59 billion in the year to Aug 2019; the latest is 54.2% below it.
• The past five years include an exceptional swing in the annual growth rate, so no typical range is quoted.
• There is a regular seasonal pattern: over the last 5 full years the high point has been December and the low point January. Compare each month with the same one a year earlier, not with the one before.

This site holds one version of this series so far, first stored on 6 Oct 2026. Each time MMA adds a period or revises a past figure, a new version is kept alongside the old one and the two are charted against each other here.

Every period on record, newest first. Sort by any column, filter, copy the table or download it as CSV.

Source

Ministry of Finance and Planning

Published by

MMA Statistics Database, series 2032

MMA table

Fiscal Sector › Monthly Fiscal Developments › Total revenue and grants

Coverage

Jan 2017 to Jul 2026 · 115 observations

MMA updated

17 Aug 2026

Last checked

22 Oct 2026

The analysis is calculated by Good Morning Maldives from the published figures; it describes the data and is not a forecast.