This section consists of the summarized table of government budget. This section summarizes government revenue and expenditure into their broad headings,

and gives their resulting net effect as either deficit or surplus.It also include summarized information on government spending that are not classified as expenditure.

Budget summary
US dollar
In Maldivian Rufiyaa
2018
2019
2018
2019
Revised
Approved
Jan - Aug
Jan - Aug
Summary of Government Finances
Total Revenue & Grants
21,651,277,341
23,339,804,018
15,081,237,195
16,187,622,518
1,518,350,364
1,344,227,861
15,081,237,195
16,187,622,518
2,608,520,423
3,090,592,816
13,562,886,831
14,843,394,658
1,854,108,399
1,796,356,563
10,954,366,408
11,752,801,842
1,324,307,286
1,618,561,043
9,100,258,009
9,956,445,279
1,523,203,491
1,949,186,349
7,775,950,723
8,337,884,236
2,004,604,289
1,882,522,899
6,252,747,232
6,388,697,887
1,764,421,977
1,573,957,061
4,248,142,943
4,506,174,988
2,483,720,966
2,932,217,927
2,483,720,966
2,932,217,927
of which: Total Revenue
21,277,860,876
21,986,809,550
14,834,757,694
15,169,099,214
1,503,299,609
1,302,771,985
14,834,757,694
15,169,099,214
2,584,542,479
2,589,328,995
13,331,458,085
13,866,327,229
1,827,890,469
1,780,881,494
10,746,915,606
11,276,998,235
1,293,654,198
1,610,451,657
8,919,025,137
9,496,116,740
1,500,252,723
1,940,167,671
7,625,370,940
7,885,665,084
1,958,921,804
1,843,121,379
6,125,118,217
5,945,497,413
1,698,137,103
1,566,312,865
4,166,196,414
4,102,376,033
2,468,059,311
2,536,063,168
2,468,059,311
2,536,063,168
Total Budget
27,138,382,221
30,251,742,542
19,033,580,312
17,070,993,924
2,145,335,308
1,869,438,941
19,033,580,312
17,070,993,924
2,438,475,766
2,326,524,786
16,888,245,004
15,201,554,983
2,439,579,041
2,345,262,383
14,449,769,238
12,875,030,196
2,409,456,874
1,966,806,234
12,010,190,197
10,529,767,814
2,413,476,054
2,499,599,429
9,600,733,323
8,562,961,580
2,801,550,776
2,293,314,713
7,187,257,269
6,063,362,151
2,206,201,033
1,999,362,269
4,385,706,493
3,770,047,438
2,179,505,459
1,770,685,169
2,179,505,459
1,770,685,169
Total Expenditure
25,495,834,100
27,342,270,907
16,907,098,410
16,342,112,092
1,981,858,090
1,823,920,746
16,907,098,410
16,342,112,092
2,142,860,881
2,178,026,184
14,925,240,320
14,518,191,346
2,272,688,366
2,286,602,380
12,782,379,439
12,340,165,162
2,191,964,618
1,913,382,322
10,509,691,074
10,053,562,782
2,232,109,878
2,399,432,922
8,317,726,455
8,140,180,460
2,441,275,084
2,159,847,759
6,085,616,578
5,740,747,538
1,632,745,337
1,948,428,958
3,644,341,494
3,580,899,778
2,011,596,157
1,632,470,820
2,011,596,157
1,632,470,820
Recurrent
17,984,819,430
18,529,258,055
11,416,497,584
12,374,913,475
1,516,913,235
1,408,552,447
11,416,497,584
12,374,913,475
1,538,543,124
1,833,899,196
9,899,584,349
10,966,361,028
1,380,464,060
1,433,133,093
8,361,041,225
9,132,461,832
1,667,858,449
1,581,075,815
6,980,577,165
7,699,328,739
1,366,524,929
1,820,165,764
5,312,718,716
6,118,252,924
1,413,353,809
1,396,296,242
3,946,193,787
4,298,087,160
1,371,542,604
1,703,934,059
2,532,839,978
2,901,790,918
1,161,297,374
1,197,856,858
1,161,297,374
1,197,856,858
Capital
7,511,014,670
8,813,012,852
5,490,600,826
3,967,198,617
464,944,855
415,368,299
5,490,600,826
3,967,198,617
604,317,757
344,126,988
5,025,655,971
3,551,830,318
892,224,305
853,469,287
4,421,338,214
3,207,703,330
524,106,169
332,306,507
3,529,113,909
2,354,234,043
865,584,949
579,267,159
3,005,007,740
2,021,927,536
1,027,921,275
763,551,517
2,139,422,791
1,442,660,378
261,202,734
244,494,899
1,111,501,516
679,108,860
850,298,782
434,613,962
850,298,782
434,613,962
Primary Balance
(2,404,211,738)
(2,000,929,405)
(936,904,748)
570,781,511
(350,956,612)
(445,368,485)
(936,904,748)
570,781,511
562,714,455
991,925,892
(585,948,136)
1,016,149,996
(365,294,092)
(475,174,598)
(1,148,662,591)
24,224,104
(652,764,072)
(137,251,324)
(783,368,499)
499,398,702
(637,874,874)
(277,052,667)
(130,604,427)
636,650,026
(328,463,292)
(188,764,466)
507,270,446
913,702,692
223,500,840
(316,568,326)
835,733,739
1,102,467,158
612,232,899
1,419,035,484
612,232,899
1,419,035,484
Overall Balance
(3,844,556,759)
(4,002,466,889)
(1,825,861,215)
(154,489,573)
(463,507,726)
(479,692,885)
(1,825,861,215)
(154,489,573)
465,659,543
912,566,632
(1,362,353,489)
325,203,312
(418,579,966)
(490,245,817)
(1,828,013,032)
(587,363,320)
(867,657,332)
(294,821,279)
(1,409,433,065)
(97,117,503)
(708,906,387)
(450,246,574)
(541,775,733)
197,703,776
(436,670,795)
(277,324,860)
167,130,654
647,950,349
131,676,640
(374,471,897)
603,801,449
925,275,210
472,124,809
1,299,747,107
472,124,809
1,299,747,107
Memorandum Items:
Loan Repayment, Subscriptions to Multilateral Agencies
1,642,548,121
2,909,471,635
1,105,084,934
728,881,832
34,483,970
45,518,195
1,105,084,934
728,881,832
175,050,502
148,498,603
1,070,600,965
683,363,637
40,462,560
58,660,002
895,550,463
534,865,034
62,940,982
53,423,912
855,087,903
476,205,032
48,236,868
100,166,506
792,146,921
422,781,120
197,683,876
133,466,954
743,910,053
322,614,613
424,763,133
50,933,311
546,226,177
189,147,660
121,463,044
138,214,349
121,463,044
138,214,349
Transfers to Sovereign Development Fund
1,315,260,825
-
1,021,396,967
736,146,242
128,993,248
55,140,867
1,021,396,967
736,146,242
120,564,383
47,112,425
892,403,719
681,005,375
126,428,116
54,211,277
771,839,336
633,892,950
154,551,273
69,957,668
645,411,220
579,681,673
133,129,309
129,816,452
490,859,947
509,724,006
162,591,816
134,314,615
357,730,638
379,907,554
148,692,564
124,718,251
195,138,822
245,592,939
46,446,258
120,874,688
46,446,258
120,874,688
Total Revenue to GDP
23.6%
24.4%
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Total Expenditure to GDP
28.3%
30.3%
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Primary Balance to GDP
-2.7%
-2.2%
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Overall Balance to GDP
-4.3%
-4.4%
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Nominal GDP
90,188,165,703
90,188,165,703
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-



Detailed summary
US dollar
In Maldivian Rufiyaa
2018
2019
2018
2019
Aug
Aug
Jan - Aug
Jan - Aug
TOTAL REVENUES & GRANTS
1,518,350,364
1,344,227,861
15,081,237,195
16,187,622,518
1,518,350,364
1,344,227,861
15,081,237,195
16,187,622,518
2,608,520,423
3,090,592,816
13,562,886,831
14,843,394,658
1,854,108,399
1,796,356,563
10,954,366,408
11,752,801,842
1,324,307,286
1,618,561,043
9,100,258,009
9,956,445,279
1,523,203,491
1,949,186,349
7,775,950,723
8,337,884,236
2,004,604,289
1,882,522,899
6,252,747,232
6,388,697,887
1,764,421,977
1,573,957,061
4,248,142,943
4,506,174,988
2,483,720,966
2,932,217,927
2,483,720,966
2,932,217,927
Tax Revenues
1,203,635,108
1,117,810,284
11,461,652,683
11,970,888,616
1,203,635,108
1,117,810,284
11,461,652,683
11,970,888,616
2,116,935,128
2,200,482,530
10,258,017,575
10,853,078,331
1,099,833,137
1,293,263,857
8,141,082,447
8,652,595,802
1,073,827,777
1,229,551,176
7,041,249,310
7,359,331,944
1,242,335,478
1,421,665,758
5,967,421,533
6,129,780,769
1,293,400,813
1,295,252,267
4,725,086,054
4,708,115,010
1,361,232,365
1,338,448,071
3,431,685,242
3,412,862,743
2,070,452,877
2,074,414,672
2,070,452,877
2,074,414,672
Non-Tax Revenues
292,336,407
192,660,143
3,435,649,472
3,244,322,804
292,336,407
192,660,143
3,435,649,472
3,244,322,804
473,387,353
397,172,509
3,143,313,064
3,051,662,661
727,200,314
488,777,180
2,669,925,711
2,654,490,152
221,585,141
384,660,448
1,942,725,397
2,165,712,972
260,618,902
519,015,730
1,721,140,256
1,781,052,524
674,115,926
549,638,107
1,460,521,354
1,262,036,794
340,657,428
227,860,969
786,405,428
712,398,687
445,748,000
484,537,718
445,748,000
484,537,718
Capital Receipts
7,987,384
1,512,748
25,934,363
15,136,889
7,987,384
1,512,748
25,934,363
15,136,889
3,844,457
5,258,295
17,946,979
13,624,141
4,135,448
433,278
14,102,522
8,365,846
2,863,951
743,624
9,967,074
7,932,568
3,539,252
2,580,650
7,103,123
7,188,944
1,083,897
298,973
3,563,871
4,608,294
437,197
3,231,840
2,479,974
4,309,321
2,042,776
1,077,481
2,042,776
1,077,481
Grants
15,050,755
41,455,876
246,479,501
1,018,523,304
15,050,755
41,455,876
246,479,501
1,018,523,304
23,977,944
501,263,821
231,428,746
977,067,428
26,217,931
15,475,069
207,450,802
475,803,607
30,653,088
8,109,386
181,232,871
460,328,538
22,950,768
9,018,678
150,579,783
452,219,152
45,682,485
39,401,520
127,629,015
443,200,474
66,284,874
7,644,196
81,946,530
403,798,954
15,661,655
396,154,759
15,661,655
396,154,759
(-) Subsidiary Loan Repayment
(659,291)
(9,211,190)
(88,478,824)
(61,249,094)
(659,291)
(9,211,190)
(88,478,824)
(61,249,094)
(9,624,459)
(13,584,340)
(87,819,533)
(52,037,904)
(3,278,432)
(1,592,820)
(78,195,075)
(38,453,564)
(4,622,672)
(4,503,591)
(74,916,643)
(36,860,744)
(6,240,910)
(3,094,468)
(70,293,971)
(32,357,153)
(9,678,831)
(2,067,968)
(64,053,061)
(29,262,685)
(4,189,888)
(3,228,015)
(54,374,230)
(27,194,718)
(50,184,342)
(23,966,703)
(50,184,342)
(23,966,703)
TOTAL BUDGET
2,145,335,308
1,869,438,941
19,033,580,312
17,070,993,924
2,145,335,308
1,869,438,941
19,033,580,312
17,070,993,924
2,438,475,766
2,326,524,786
16,888,245,004
15,201,554,983
2,439,579,041
2,345,262,383
14,449,769,238
12,875,030,196
2,409,456,874
1,966,806,234
12,010,190,197
10,529,767,814
2,413,476,054
2,499,599,429
9,600,733,323
8,562,961,580
2,801,550,776
2,293,314,713
7,187,257,269
6,063,362,151
2,206,201,033
1,999,362,269
4,385,706,493
3,770,047,438
2,179,505,459
1,770,685,169
2,179,505,459
1,770,685,169
TOTAL EXPENDITURE (C+D)
1,981,858,090
1,823,920,746
16,907,098,410
16,342,112,092
1,981,858,090
1,823,920,746
16,907,098,410
16,342,112,092
2,142,860,881
2,178,026,184
14,925,240,320
14,518,191,346
2,272,688,366
2,286,602,380
12,782,379,439
12,340,165,162
2,191,964,618
1,913,382,322
10,509,691,074
10,053,562,782
2,232,109,878
2,399,432,922
8,317,726,455
8,140,180,460
2,441,275,084
2,159,847,759
6,085,616,578
5,740,747,538
1,632,745,337
1,948,428,958
3,644,341,494
3,580,899,778
2,011,596,157
1,632,470,820
2,011,596,157
1,632,470,820
RECURRENT EXPENDITURE
1,516,913,235
1,408,552,447
11,416,497,584
12,374,913,475
1,516,913,235
1,408,552,447
11,416,497,584
12,374,913,475
1,538,543,124
1,833,899,196
9,899,584,349
10,966,361,028
1,380,464,060
1,433,133,093
8,361,041,225
9,132,461,832
1,667,858,449
1,581,075,815
6,980,577,165
7,699,328,739
1,366,524,929
1,820,165,764
5,312,718,716
6,118,252,924
1,413,353,809
1,396,296,242
3,946,193,787
4,298,087,160
1,371,542,604
1,703,934,059
2,532,839,978
2,901,790,918
1,161,297,374
1,197,856,858
1,161,297,374
1,197,856,858
Salaries, Wages & Pensions
762,705,449
814,620,058
762,705,449
6,535,212,420
762,705,449
814,620,058
6,099,513,274
6,535,212,420
778,030,400
823,274,834
5,336,807,825
5,720,592,362
762,617,413
837,748,586
4,558,777,425
4,897,317,527
866,557,707
806,908,819
3,796,160,012
4,059,568,941
739,092,350
900,763,218
2,929,602,305
3,252,660,122
760,491,483
784,933,616
2,190,509,955
2,351,896,904
715,559,713
795,500,729
1,430,018,472
1,566,963,288
714,458,760
771,462,559
714,458,760
771,462,559
Administrative & Operational Expenses
731,336,577
589,989,545
731,336,577
5,266,380,194
731,336,577
589,989,545
5,220,215,056
5,266,380,194
743,947,750
779,040,158
4,488,878,479
4,676,390,649
569,562,099
595,358,673
3,744,930,728
3,897,350,491
798,559,168
773,191,963
3,175,368,630
3,301,991,818
622,893,060
884,987,552
2,376,809,462
2,528,799,855
651,752,098
585,788,774
1,753,916,401
1,643,812,303
655,484,192
631,940,965
1,102,164,304
1,058,023,530
446,680,112
426,082,565
446,680,112
426,082,565
Losses & Write-offs
22,871,209
3,942,844
22,871,209
573,320,861
22,871,209
3,942,844
96,769,254
573,320,861
16,564,974
231,584,203
73,898,045
569,378,017
48,284,549
25,834
57,333,072
337,793,814
2,741,574
975,033
9,048,523
337,767,980
4,539,519
34,414,994
6,306,949
336,792,947
1,110,228
25,573,853
1,767,430
302,377,953
498,699
276,492,365
657,202
276,804,100
158,502
311,735
158,502
311,735
CAPITAL EXPENDITURE
464,944,855
415,368,299
5,490,600,826
3,967,198,617
464,944,855
415,368,299
5,490,600,826
3,967,198,617
604,317,757
344,126,988
5,025,655,971
3,551,830,318
892,224,305
853,469,287
4,421,338,214
3,207,703,330
524,106,169
332,306,507
3,529,113,909
2,354,234,043
865,584,949
579,267,159
3,005,007,740
2,021,927,536
1,027,921,275
763,551,517
2,139,422,791
1,442,660,378
261,202,734
244,494,899
1,111,501,516
679,108,860
850,298,782
434,613,962
850,298,782
434,613,962
Capital Equipments
32,706,652
29,079,990
32,706,652
254,764,563
32,706,652
29,079,990
228,616,416
254,764,563
25,426,392
40,669,739
195,909,764
225,684,573
47,335,882
37,751,589
170,483,372
185,014,834
38,098,634
39,542,738
123,147,490
147,263,245
10,503,668
27,363,723
85,048,856
107,720,506
3,777,033
40,904,712
74,545,188
80,356,783
8,771,782
13,178,781
70,768,155
39,452,072
61,996,374
26,273,291
61,996,374
26,273,291
Public Sector Investment Program
343,956,306
213,893,690
343,956,306
2,380,492,441
343,956,306
213,893,690
4,611,239,049
2,380,492,441
532,920,535
179,240,228
4,267,282,744
2,166,598,751
829,704,540
673,936,390
3,734,362,209
1,987,358,523
376,330,598
196,478,151
2,904,657,669
1,313,422,133
718,083,301
188,955,790
2,528,327,071
1,116,943,982
900,094,949
498,359,012
1,810,243,770
927,988,191
170,634,299
100,723,252
910,148,821
429,629,179
739,514,522
328,905,927
739,514,522
328,905,927
Development Projects & Investment Outlays
15,700,698
141,791,982
15,700,698
803,032,809
15,700,698
141,791,982
360,608,588
803,032,809
45,970,830
86,752,058
344,907,890
661,240,827
238,242
45,988,197
298,937,060
574,488,769
53,723,737
62,888,449
298,698,818
528,500,572
114,997,980
91,201,952
244,975,081
465,612,123
48,644,560
224,287,793
129,977,100
374,410,171
41,796,653
100,592,866
81,332,540
150,122,378
39,535,887
49,529,512
39,535,887
49,529,512
Lendings
72,581,199
30,602,637
72,581,199
528,908,805
72,581,199
30,602,637
290,136,773
528,908,805
-
37,464,962
217,555,574
498,306,167
14,945,641
95,793,112
217,555,574
460,841,205
55,953,200
33,397,169
202,609,933
365,048,093
22,000,000
271,745,693
146,656,733
331,650,925
75,404,733
-
124,656,733
59,905,232
40,000,000
30,000,000
49,252,000
59,905,232
9,252,000
29,905,232
9,252,000
29,905,232
Budget Contingency
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
PRIMARY BALANCE - SURPLUS / (DEFICIT) (F+G)
(350,956,612)
(445,368,485)
(936,904,748)
570,781,511
(350,956,612)
(445,368,485)
(936,904,748)
570,781,511
562,714,455
991,925,892
(585,948,136)
1,016,149,996
(365,294,092)
(475,174,598)
(1,148,662,591)
24,224,104
(652,764,072)
(137,251,324)
(783,368,499)
499,398,702
(637,874,874)
(277,052,667)
(130,604,427)
636,650,026
(328,463,292)
(188,764,466)
507,270,446
913,702,692
223,500,840
(316,568,326)
835,733,739
1,102,467,158
612,232,899
1,419,035,484
612,232,899
1,419,035,484
OVERALL BALANCE - SURPLUS / (DEFICIT) (A-B)
(463,507,726)
(479,692,885)
(1,825,861,215)
(154,489,573)
(463,507,726)
(479,692,885)
(1,825,861,215)
(154,489,573)
465,659,543
912,566,632
(1,362,353,489)
325,203,312
(418,579,966)
(490,245,817)
(1,828,013,032)
(587,363,320)
(867,657,332)
(294,821,279)
(1,409,433,065)
(97,117,503)
(708,906,387)
(450,246,574)
(541,775,733)
197,703,776
(436,670,795)
(277,324,860)
167,130,654
647,950,349
131,676,640
(374,471,897)
603,801,449
925,275,210
472,124,809
1,299,747,107
472,124,809
1,299,747,107
Financing & Interest Costs
112,551,114
34,324,401
888,956,467
725,271,085
112,551,114
34,324,401
888,956,467
725,271,085
97,054,912
79,359,260
776,405,353
690,946,684
53,285,875
15,071,220
679,350,440
611,587,425
214,893,260
157,569,955
626,064,566
596,516,205
71,031,513
173,193,907
411,171,306
438,946,250
108,207,503
88,560,394
340,139,792
265,752,343
91,824,200
57,903,571
231,932,289
177,191,949
140,108,089
119,288,377
140,108,089
119,288,377
Memorandum Items:
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Loan Repayment
34,483,970
45,518,195
1,096,964,126
722,060,127
34,483,970
45,518,195
1,096,964,126
722,060,127
173,887,064
148,498,603
1,062,480,156
676,541,931
40,462,560
56,342,192
888,593,092
528,043,328
62,940,982
53,423,912
848,130,532
471,701,136
41,279,497
100,166,506
785,189,550
418,277,224
197,683,876
129,155,433
743,910,053
318,110,718
424,763,133
50,933,311
546,226,177
188,955,285
121,463,044
138,021,974
121,463,044
138,021,974
Subscription to Multilateral Agencies
-
-
8,120,809
6,821,706
-
-
8,120,809
6,821,706
1,163,438
-
8,120,809
6,821,706
-
2,317,810
6,957,371
6,821,706
-
-
6,957,371
4,503,895
6,957,371
-
6,957,371
4,503,895
-
4,311,520
-
4,503,895
-
-
-
192,375
-
192,375
-
192,375
Transfers to Sovereign Development Fund
128,993,248
55,140,867
1,021,396,967
736,146,242
128,993,248
55,140,867
1,021,396,967
736,146,242
120,564,383
47,112,425
892,403,719
681,005,375
126,428,116
54,211,277
771,839,336
633,892,950
154,551,273
69,957,668
645,411,220
579,681,673
133,129,309
129,816,452
490,859,947
509,724,006
162,591,816
134,314,615
357,730,638
379,907,554
148,692,564
124,718,251
195,138,822
245,592,939
46,446,258
120,874,688
46,446,258
120,874,688