Maldives recorded a Government Budget deficit equal to 5.50 percent of the country's Gross Domestic Product in 2018.

Government Budget in Maldives averaged -5.90 percent of GDP from 1997 until 2018, reaching an all time high of -1.15 percent of GDP in 2004 and a record low of -20.50 percent of GDP in 2009. This page provides - Maldives Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Budget in Maldives is expected to be -5.50 percent of GDP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Maldives Government Budget is projected to trend around -5.00 percent of GDP in 2020, according to our econometric models.

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Maldives Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
-5.50 -3.00 -1.15 -20.50 1997 - 2018 percent of GDP Yearly

Maldives Government Budget
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.

Maldives Government Last Previous Highest Lowest Unit
Government Debt to GDP 24.70 22.30 53.70 16.20 percent [+]
Government Budget -5.50 -3.00 -1.15 -20.50 percent of GDP [+]
Government Revenues 1734.90 1344.20 3090.60 739.30 MVR Million [+]
Credit Rating 32.00 [+]
Fiscal Expenditure 2541.10 1823.90 3795.80 1061.20 MVR Million [+]
Government Budget Value -806.20 -479.70 1299.70 -2213.30 MVR Million [+]