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The

Maldives


The Republic of Maldives lies in the Indian Ocean and has a population of approximately 350,000 people and is the smallest country in South East Asia. The country is made up of 1,192 coral islands, formed around 26 atolls where 99% of the country comprises of the ocean. Out of these, 196 islands (16%) are inhabited with 90 of them developed as tourist resorts and two used as sites for industrial plants.

The Maldives had demonstrated a steadfast growth over the years, with the nominal GDP of the country increasing from US$ 0.8 Billion in 2000 to US$ 3 Billion in 2015 Nominal GDP per capita increased from US $ 2,967 in 2000 to US $ 8,714 in 2015.

Tourism remains the main economic driver of the country, contributing to about 70% of the country’s GDP.

A globally established tourist destination with reputable hospitality, natural attractions, rich biodiversity and culture.

As a fight for climate change resilience, Maldives is committed to environmental sustainability and development.

The Maldives

The country’s strategic location in the heart of Indian Ocean places it at the peak of busy trade routes.

Globally connected via an extensive air transport network consisting of 4 international airports and 6 domestic airports.

Internal accessibility and connectivity within all islands via the world’s largest seaplane operation network and a developing marine transport system.

Established telecommunications and ICT network, with fiber optic broadband coverage across all inhabited islands in the country.

With a population consisting 35% mainly of youth, Maldives offers a dynamic, educated and socially responsible workforce for economic development.

The Maldives

Maldives

Economy


The Maldives had demonstrated a steadfast growth over the years, with the nominal GDP of the country increasing from US$ 0.8 Billion in 2000 to US$ 3 Billion in 2015 Nominal GDP per capita increased from US $ 2,967 in 2000 to US $ 8,714 in 2015.

Economic

Indicators


Total Arrivals

1.2 Million

Tourists in 2015

GDP

USD 3

Billion

Population

350,000 +

Literacy Level

98.4%

Exchange Rate

USD 1 = MVR 15.42

GDP Per Capita

USD 8,714

Total Exports

USD 167 Million