Market Report - Maldives

Maldives

1.9772469

73.5361034

Background of Maldives

‘Tourism’ is the Maldives' largest economic activity, which accounts for nearly 30% of GDP and more than 60% of foreign exchange receipts. Fishing is the second leading sector, but the fish catch has dropped sharply in recent years. Agriculture and manufacturing continue to play a lesser role in the economy, constrained by the limited availability of cultivable land and the shortage of domestic labour.

Population393,595

GDP per Capita (PPP)USD 3.073 billion (2013 est.)

Total ExportsUSD 283 Mn

Total ImportUSD 1.4 billion (2012.)

CurrencyMaldivian rufiyaa