State revenue generated from the tourism sector surpassed MVR 8 billion by the end of April this year, reflecting continued growth in tourism-related earnings despite recent global economic uncertainties.
According to the weekly fiscal development report released by the Ministry of Finance and Public Enterprises, total state revenue stood at MVR 15.3 billion by the end of April, with MVR 8.1 billion generated through tourism-related taxes, fees and lease payments.
The largest contribution came from Tourism Goods and Services Tax (TGST), which generated MVR 5.1 billion during the first four months of the year, compared with MVR 4.5 billion recorded during the same period in 2025.
Revenue from Green Tax also increased significantly, rising from MVR 754 million last year to MVR 895 million this year.
Collections from Airport Service Charge and Departure Tax reached MVR 750 million, up from MVR 604 million in the corresponding period last year. Revenue from Airport Development Fees also rose notably, increasing from MVR 607 million to MVR 761 million.
Meanwhile, resort lease rent revenue grew from MVR 582 million to MVR 598.8 million.
The report further showed a sharp increase in revenue generated from acquisition costs for islands newly leased for tourism development, which rose to MVR 317 million this year compared with MVR 18.4 million during the same period in 2025.
Overall, tourism-related taxes and fees increased from MVR 7.1 billion in the first four months of last year to MVR 8.1 billion this year, representing year-on-year growth of 13.8 per cent.
The figures come amid concerns over the impact of ongoing tensions in the Middle East on global travel patterns. Despite a decline in tourist arrivals in recent months, strong tourism performance earlier in the year helped sustain state earnings from the sector.