The Maldives state collects MVR 2.92 billion revenue in June 2026, reports Maldives Inland Revenue Authority (MIRA).
This revenue total is inclusive of USD 118.60 million.
According to MIRA, this collection is a 14.7% increment in comparison to projection. This is due to higher collections from GST, Bank Income Tax, Green Tax and Airport Taxes and Fees. Tourist arrivals in May 2026 increased by 1.7% compared to the forecast, which led to the increment in tourism-related tax and fees.
The receipt of one-off payments under the Corporate Social Responsibility Fee, Lease Period Extension Fee and land acquisition and conversion fee further contributed to the increase. MIRA further reports that out of the revenue total, 14.3% of the monthly revenue was collected through payments received from past deadlines.
Another 23.4% came through targeted initiatives to recover outstanding fees.
The revenue collection is also up 10.1% from the corresponding month last year.
Contribution to Total Revenue
- TGST: MVR 1.09 billion
- Income Tax: MVR 799 million
- Tourism Land Rent: MVR 411 million
- Green Tax: MVR 157 million
- Airport Development Fee: MVR 135 million
- Departure Tax: MVR 134 million
As per MIRA’s latest report, state collected a total of MVR 2.18 billion in tax revenues and the remaining MVR 742.5 million came from non-tax sources.