The Maldives Inland Revenue Authority (MIRA) has reported total revenue of MVR 2.12 billion for August 2025, marking a 6.9 per cent increase compared to the same month last year.

According to MIRA’s monthly report, the increase was mainly driven by higher collections of Tourism Goods and Services Tax (TGST), Green Tax, Airport Development Fee, and Departure Tax. Tourist arrivals in August 2025 rose by 11.5 per cent compared to August 2024, boosting TGST, Green Tax, and airport-related taxes.

The overall rise was also supported by the higher Green Tax rate introduced on 1 January 2025 and revised airport taxes and fees that came into effect in December 2024.

Of the total revenue collected in August, 54.7 per cent came from GST, 11.4 per cent from income tax, 9 per cent from Green Tax, 7.8 per cent from Departure Tax, 7.7 per cent from the Airport Development Fee, and 3 per cent from Work Permit Fees.

MIRA reported that both tax and non-tax revenues have generally been increasing over the past five years. Compared to August 2024, tax revenues grew by 2.6 per cent, while non-tax revenues rose by 33.8 per cent.

In terms of foreign currency, USD 89.04 million was collected during the month. The top contributors were TGST, Green Tax, Airport Development Fee, Departure Tax, and income tax.