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Taxes less subsidies

Monthly Gross Domestic Product (Constant Prices) › GDP at market priceMonthlyRufiyaa (MVR)Part of GDP at market price

Latest
MVR 990.3m
Jul 2026
On a year earlier
−2.3%
same period last year
2026 to date
MVR 7.04bn
+2.2% on the same stretch of 2025
Trend growth, 10 years
2.8% a year
least-squares fit, R² 0.15

The whole record

Loading chart…

Source: Maldives Bureau of Statistics, via the Maldives Monetary Authority statistics database.

What the numbers say

Short term

The latest readings
  • The latest figure is MVR 990.3 million for Jul 2026, down 2.3% on the same month a year earlier.
  • In the first 7 months of 2026 the total was MVR 7.04 billion, up 2.2% on the same stretch of 2025.
  • Over the latest 12 months it came to MVR 12.28 billion, up 5.8% on the 12 months before.
  • The change on a year earlier averaged 0.0% over the last three months, against +1.0% in the three months before: the year-on-year pace has eased.

Long term

The record as a whole
  • Trend growth over the past 10 years is 2.8% a year (least-squares fit on the logarithm; R² 0.15, a loose fit: the series has not followed a steady path, and this rate says little).
  • Measured end to end, compound growth is 12.5% a year over five years and 3.5% a year over ten, on 12-month totals.
  • The record high (12-month total) was MVR 12.37 billion in the year to Mar 2026; the latest is 0.7% below it.
  • Year-on-year growth has typically varied by about 39.8 percentage points (one standard deviation) over the past five years.
  • There is a regular seasonal pattern: over the last 5 full years the high point has been December and the low point June. Compare each month with the same one a year earlier, not with the one before.

How to read this series

Monthly GDP indicator. A monthly estimate of real GDP, split into primary (farming and fishing), secondary (manufacturing, utilities, construction) and tertiary (services) activity. It is the earliest signal of where output is heading and is more volatile than the quarterly figures.

  • Measured at constant prices, so changes reflect volumes rather than prices. The level depends on the base year; the growth rate is the meaningful reading.
  • A flow: it measures activity during each month, and months add up to an annual total.
  • 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 Taxes less subsidies
VersionStoredMMA updatedCoversAddedRevisedRemoved
1 (current)6 Oct 202621 Sep 2026Jan 2014 – 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 Taxes less subsidies
Jul 2026MVR 990.3 million−2.3%
Jun 2026MVR 841.5 million+4.3%
May 2026MVR 848 million−1.9%
Apr 2026MVR 987 million−8.1%
Mar 2026MVR 1.03 billion+3.1%
Feb 2026MVR 1.13 billion+8.0%
Jan 2026MVR 1.21 billion+11.8%
Dec 2025MVR 1.16 billion+5.7%
Nov 2025MVR 1.07 billion+24.1%
Oct 2025MVR 1.05 billion+8.6%
Sep 2025MVR 869.4 million+5.4%
Aug 2025MVR 1.09 billion+13.4%
Jul 2025MVR 1.01 billion+14.9%
Jun 2025MVR 807.2 million+16.4%
May 2025MVR 864.3 million+12.5%
Apr 2025MVR 1.07 billion+14.0%
Mar 2025MVR 1 billion+5.1%
Feb 2025MVR 1.04 billion+4.6%
Jan 2025MVR 1.08 billion+4.5%
Dec 2024MVR 1.09 billion+9.6%
Nov 2024MVR 864.6 million−1.9%
Oct 2024MVR 967.8 million+4.0%
Sep 2024MVR 825.2 million+12.7%
Aug 2024MVR 965 million+2.4%
Jul 2024MVR 882.6 million−0.2%
Jun 2024MVR 693.7 million−3.0%
May 2024MVR 768.1 million−6.0%
Apr 2024MVR 942 million+1.5%
Mar 2024MVR 954.3 million+0.5%
Feb 2024MVR 997.1 million+4.6%

Sorted by Period, descending.

About this series

Source
Maldives Bureau of Statistics
Published by
MMA Statistics Database, series 4944
MMA table
Real Sector › Monthly Gross Domestic Product (Constant Prices) › GDP at market price
Coverage
Jan 2014 to Jul 2026 · 151 observations
MMA updated
21 Sep 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.