USD revenue collected by the State increased by 30 per cent in January 2026 compared to the same period last year, according to statistics released by the Maldives Inland Revenue Authority (MIRA).

MIRA said total revenue collected in foreign currency in January stood at USD 180.4 million, up from USD 125.9 million recorded during the same month last year.

The largest share of dollar-denominated revenue in January was generated from Tourism Goods and Services Tax (T-GST), departure tax, income tax and the Airport Development Fee.

According to MIRA, the highest foreign currency earnings in January were recorded from T-GST at USD 79 million, followed by income tax at USD 37 million, land acquisition and conversion fees at USD 17 million, green tax at USD 14 million, Airport Development Fee at USD 12 million, and departure tax at USD 11 million.

Green Tax recorded the highest growth rate among revenue streams, with collections more than doubling compared to the same period last year, MIRA said.

MIRA statistics also show that total State revenue collected in foreign currency last year reached USD 1.4 billion, representing a 37 per cent increase compared to the previous year.