Maldives Inland Revenue Authority (MIRA) data reveals the state earned MVR 2.63 billion in June 2025, a 27.0% increase compared to the same month in 2024.
According to MIRA, the total revenue collected in June this year included USD 116.73 million.
Total revenue in the review month increased mainly due to higher collections of TGST, Green Tax, and land acquisition and conversion fee. Tourist arrivals in May 2025 rose by 13.1% compared to the same month last year, which boosted collections of TGST, Green Tax, and airport taxes and fees.
The revenue collected in June this year was also 10.4% more than initial projections, which was due to increased Bank Profit Tax and TGST collections drive by higher-than-expected tourist arrivals.
Additionally, MIRA’s stringent measures in debt recovery – including stronger efforts to collect outstanding dues – resulted recovery 16.7% of the monthly revenue.
Top Revenue Contributors
- GST: 36.5%
- Income Tax: 24.1%
- Green Tax: 6.2%
- Airport Development Fee: 5.1%
- Departure Tax: 5.1%