Fiscal Sector / Monthly Fiscal Developments / Total recurrent and capital expenditure / Recurrent expenditure

Salaries, wages and pensions

1.09B
Rufiyaa Mar 2024
-7.4% vs. last month
0.6% vs. same month last year
3.27B
Rufiyaa Q1 2024
6.2% vs. last quarter
9.3% vs. same quarter last year
12.04B
Rufiyaa 2023
8.4% vs. last year
Month
Quarter
Year
Composition of Salaries, wages and pensions for March 2024
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Composition of Salaries, wages and pensions for Q1 2024
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Composition of Salaries, wages and pensions for 2024
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Values in Billions (B) of Rufiyaa
2017 2018 2019 2020 2021 2022 2023 2024
Jan 0.71 0.71 0.77 0.83 0.82 0.84 0.95 1.01
Feb 0.74 0.72 0.80 0.80 0.82 0.93 0.96 1.17
Mar 0.71 0.76 0.78 0.82 0.84 1.01 1.08 1.09
Apr 0.70 0.74 0.90 0.89 0.98 0.89 0.98
May 0.79 0.87 0.81 0.76 0.85 0.92 0.99
Jun 0.69 0.76 0.84 0.81 0.85 0.95 1.01
Jul 0.73 0.78 0.82 0.77 0.80 0.91 0.97
Aug 0.70 0.76 0.81 0.80 0.87 0.92 1.00
Sep 0.69 0.78 0.84 0.87 0.85 0.93 1.01
Oct 0.69 0.79 0.83 0.80 0.86 0.93 1.02
Nov 0.69 0.77 0.83 0.82 0.86 0.93 1.03
Dec 0.60 0.75 0.79 0.81 0.93 0.93 1.03
2017 2018 2019 2020 2021 2022 2023 2024
Q1 2.16 2.19 2.35 2.44 2.49 2.77 2.99 3.27
Q2 2.19 2.37 2.55 2.47 2.68 2.77 2.99
Q3 2.12 2.33 2.48 2.44 2.52 2.76 2.98
Q4 1.98 2.31 2.46 2.42 2.64 2.80 3.08
2017 2018 2019 2020 2021 2022 2023
8.43 9.19 9.83 9.77 10.33 11.10 12.04
Data
ID 2036
Range Jan 2017 - Mar 2024
Frequency Monthly
Source
Ministry of Finance
© 2024 Maldives Monetary Authority