The Maldives Inland Revenue Authority (MIRA) has reported total revenue of MVR 2.12 billion for August 2025, reflecting a 6.9 per cent increase compared to the same month in the previous year.
According to MIRA’s monthly report, the increase was primarily driven by higher collections from the Tourism Goods and Services Tax (TGST), Green Tax, Airport Development Fee, and Departure Tax. This growth was supported by an 11.5 per cent rise in tourist arrivals, alongside fiscal changes including a higher Green Tax rate introduced in January 2025 and revised airport fees implemented in December 2024.
GST accounted for 54.7 per cent of the total revenue, followed by income tax at 11.4 per cent. Green Tax contributed 9 per cent, Departure Tax 7.8 per cent, and the Airport Development Fee 7.7 per cent. Work Permit Fees made up 3 per cent.
Compared to August 2024, tax revenue increased by 2.6 per cent, while non-tax revenue rose by 33.8 per cent. Foreign currency collections totalled USD 89.04 million, with TGST, Green Tax, airport-related fees, and income tax being the main contributors.
