Maldives Government Budget

Maldives is expected to record a Government Budget deficit equal to 4.7 percent of the countrys Gross Domestic Product in 2013. Government Budget in Maldives is reported by the Maldives Monetary Authority. From 1997 until 2013, Maldives Government Budget averaged -6.8 Percent of GDP reaching an all time high of -1.2 Percent of GDP in December of 2004 and a record low of -21.0 Percent of GDP in December of 2009. 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. This page provides - Maldives Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-25

Actual Previous Highest Lowest Forecast Dates Unit Frequency
-4.70 -9.20 -1.15 -20.99 -4.30 | 2014/06 1997 - 2013 Percent of GDP Yearly

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Maldives Government Budget
LIST BY COUNTRY

Government Last Previous Highest Lowest Forecast Unit
Government Debt To GDP 34.90 2013-12-31 38.70 47.35 30.78 33.01 2014-06-30 Percent [+]
Government Budget -4.70 2013-12-31 -9.20 -1.15 -20.99 -4.30 2014-06-30 Percent of GDP [+]
Credit Rating 15.00 [+]
[+]


Government Budget | Notes
A government budget is a legal document that forecasts the government expenditures and revenues for a specific period of time. The period covered by a budget is usually a year, known as a financial or fiscal year, which may or may not correspond with the calendar year. A government budget is often passed by the legislature, and approved by the chief executive or president.


RELATED NEWS

Maldives Government Debt To GDP at 34.90 Percent  
Maldives recorded a Government Debt to GDP of 34.90 percent of the country's Gross Domestic Product in 2013. Government Debt To GDP in Maldives is reported by the Maldives Monetary Authority.
Maldives Current Account to GDP at -20.50 Percent  
Maldives recorded a Current Account deficit of 20.50 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in Maldives is reported by the Maldives Monetary Authority.
Maldives Balance of Trade at -90.90 USD Million  
Maldives recorded a trade deficit of 90.90 USD Million in February of 2014. Balance of Trade in Maldives is reported by the Maldives Monetary Authority.
Maldives Imports at 115.70 USD Million  
Imports in Maldives decreased to 115.70 USD Million in February of 2014 from 161.10 USD Million in January of 2014. Imports in Maldives is reported by the Maldives Monetary Authority.
Maldives Exports at 24.80 USD Million  
Exports in Maldives decreased to 24.80 USD Million in February of 2014 from 32.50 USD Million in January of 2014. Exports in Maldives is reported by the Maldives Monetary Authority.
Maldives Tourist Arrivals at 111000.00  
Tourist Arrivals in Maldives increased to 111000 in February of 2014 from 105000 in January of 2014. Tourist Arrivals in Maldives is reported by the Maldives Monetary Authority.
Maldives GDP Annual Growth Rate at 3.70 Percent  
The Gross Domestic Product (GDP) in Maldives expanded 3.70 percent in 2013 from the previous year. GDP Annual Growth Rate in Maldives is reported by the Maldives Monetary Authority.
Maldives Inflation Rate at 3.40 Percent  
The inflation rate in Maldives was recorded at 3.40 percent in February of 2014. Inflation Rate in Maldives is reported by the Maldives Monetary Authority.
Maldives Interest Rate at 7.00 Percent  
The benchmark interest rate in Maldives was last recorded at 7 percent. Interest Rate in Maldives is reported by the Maldives Monetary Authority.
Maldives Corporate Tax Rate at 0.00 percent  
The Corporate Tax Rate in Maldives stands at 0 percent. Corporate Tax Rate in Maldives is reported by the Inland Revenue Authority.
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