The Maldives Inland Revenue Authority (MIRA) has reported a significant surge in government dollar revenue, with collections rising by 37 percent in the first 11 months of 2025 compared to the same period last year.
Revenue inflows climbed from USD 965 million from November 2024 to USD 1.3 billion this year, driven largely by tourism-related taxes and fees.
The highest contributors included Tourism Goods and Services Tax (T-GST) at USD 636 million, Green Tax at USD 132 million, and Income Tax at USD 131 million. Departure tax (USD 110 million), airport development fees (USD 112 million), and tourism land rent (USD 100 million) also played major roles. Notably, green tax revenue doubled year-on-year, rising from USD 63 million in November 2024 to USD 132 million this year.
In November alone, the government collected USD 103 million in dollar-denominated revenue, up from USD 84 million in the same month last year.