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Overall balance (surplus / deficit)

Monthly Fiscal DevelopmentsMonthlyRufiyaa (MVR)

Latest
MVR 400.7m
Jul 2026
On a year earlier
+MVR 210.1m
same period last year
2026 to date
−MVR 1.21bn
−MVR 2.53bn on the same stretch of 2025
On five years ago
+MVR 1.32bn

The whole record

Loading chart…

Source: Ministry of Finance and Planning, via the Maldives Monetary Authority statistics database.

What the numbers say

Short term

The latest readings
  • The latest figure is MVR 400.7 million for Jul 2026, up MVR 1.5 billion from Jun 2026 and up MVR 210.1 million on the same month a year earlier.
  • In the first 7 months of 2026 the total was −MVR 1.21 billion, down MVR 2.53 billion on the same stretch of 2025.
  • Over the latest 12 months it came to −MVR 5.98 billion, down MVR 697.1 million on the 12 months before.
  • The change on a year earlier averaged −MVR 667.9 million over the last three months, against −MVR 289.2 million in the three months before: the year-on-year decline has deepened.

Long term

The record as a whole
  • It has averaged −MVR 635.7 million over the past five years and −MVR 477.5 million over ten; the latest figure is MVR 1.04 billion above the five-year average.

How to read this series

Expenditure and balance. What the government spends: recurrent spending (salaries, pensions, subsidies, interest and running costs) and capital spending (buildings, infrastructure, equipment). The overall balance is revenue minus this total; a negative figure is a deficit that has to be borrowed.

  • Shown in current prices (nominal). Part of any long-run rise reflects inflation rather than a larger real amount.
  • A flow: it measures activity during each month, and months add up to an annual total.
  • This series takes negative values (a deficit or a net outflow), so changes are given as amounts; a percentage change from a negative base has no meaning.
  • Recent periods are often revised as fuller data arrive. The version comparison below shows what MMA has changed since this site began keeping copies.

Terms such as percentage points, flows and stocks, and trend growth are explained in How to read the tracker.

Revisions

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.

Stored versions of Overall balance (surplus / deficit)
VersionStoredMMA updatedCoversAddedRevisedRemoved
1 (current)6 Oct 202617 Aug 2026Jan 2017 – Jul 2026———

Sorted by Version, descending.

All figures

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

Every observation of Overall balance (surplus / deficit)
Jul 2026MVR 400.7 million+MVR 210.1 million
Jun 2026−MVR 1.1 billion−MVR 1.13 billion
May 2026−MVR 1.7 billion−MVR 1.09 billion
Apr 2026−MVR 645.9 million−MVR 596.4 million
Mar 2026MVR 253.9 million−MVR 579.5 million
Feb 2026MVR 21.3 million+MVR 308.4 million
Jan 2026MVR 1.56 billion+MVR 343.8 million
Dec 2025−MVR 1.48 billion+MVR 1.21 billion
Nov 2025−MVR 1.1 billion−MVR 26.3 million
Oct 2025−MVR 1.26 billion−MVR 378.9 million
Sep 2025−MVR 583.1 million+MVR 719 million
Aug 2025−MVR 349.9 million+MVR 303.2 million
Jul 2025MVR 190.7 million+MVR 609.8 million
Jun 2025MVR 29.1 million+MVR 406.2 million
May 2025−MVR 615.5 million+MVR 946.6 million
Apr 2025−MVR 49.5 million+MVR 597.7 million
Mar 2025MVR 833.4 million+MVR 2.01 billion
Feb 2025−MVR 287.1 million+MVR 581 million
Jan 2025MVR 1.22 billion+MVR 353.3 million
Dec 2024−MVR 2.69 billion−MVR 885.3 million
Nov 2024−MVR 1.08 billion+MVR 271.3 million
Oct 2024−MVR 881.9 million−MVR 169.3 million
Sep 2024−MVR 1.3 billion−MVR 24.9 million
Aug 2024−MVR 653.1 million+MVR 1.14 billion
Jul 2024−MVR 419.1 million−MVR 957.5 million
Jun 2024−MVR 377.1 million−MVR 140.2 million
May 2024−MVR 1.56 billion−MVR 661.6 million
Apr 2024−MVR 647.2 million+MVR 467.2 million
Mar 2024−MVR 1.17 billion−MVR 256.9 million
Feb 2024−MVR 868.1 million−MVR 212.6 million

Sorted by Period, descending.

About this series

Source
Ministry of Finance and Planning
Published by
MMA Statistics Database, series 2073
MMA table
Fiscal Sector › Monthly Fiscal Developments
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.