Maldives - Public finance



Public enterprises, including the State Trading Organization, the state shipping line, and public utilities, account for nearly half of government revenues; customs and tourist receipts make up most of the rest.

The US Central Intelligence Agency (CIA) estimates that in 2001 Maldives' central government took in revenues of approximately $166 million and had expenditures of $192 million including capital expenditures of $80 million. Overall, the government registered a deficit of approximately $26 million. External debt totaled $237 million.

The following table shows an itemized breakdown of government revenues and expenditures. The percentages were calculated from data reported by the International Monetary Fund. The dollar amounts (millions) are based on the CIA estimates provided above.

Maldives

REVENUE AND GRANTS 100.0% 166
Tax revenue 40.2% 67
Non-tax revenue 55.8% 93
Capital revenue 0.4% 1
Grants 3.6% 6
EXPENDITURES 99.7% 191
General public services 23.6% 45
Defense 11.5% 22
Public order and safety 2.1% 4
Education 18.0% 35
Health 9.5% 18
Social security 2.4% 5
Housing and community amenities 15.1% 29
Economic affairs and services 13.8% 26
Interest payments 3.8% 7
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