Effective bank tax rate reached 26.4% in 2020 in Maldives, according to the National Central Bank. This is 5.12% less than in the previous year.
Historically, effective bank tax rate in Maldives reached an all time high of 29.5% in 2012 and an all time low of 24.4% in 2013.
Maldives has been ranked 23rd within the group of 58 countries we follow in terms of effective bank tax rate.
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