Economy of the maldives. Tourism is the largest industry in the maldives accounting for 28 of gdp and more than 60 of the maldives foreign exchange receipts. Maldives economic update 2019 1 gross domestic product gdp growth marginally rose to 69 in 2018 from 68 in 2017 given robust construction activities tourism and supporting services. The economy of the maldives has been mostly unfree.
It powered the current gdp per capita. While income disparity remained high particularly between the capital and distant. Ados 2020 june 2020 the maldivess inflation rates forecasted at 10 in 2020 and 12 in 2021.
Nowadays the mixed economy of the maldives is based on the principal activities of tourism fishing and shipping. Tourism value added expanded by only 97 06 percentage points lower than in 2017. Economic indicators for maldives the maldivess gdp growth is expected at 113 in 2020 and 137 in 2021.
The maldives is ranked 27th among 42 countries in the asiapacific region and its overall score is well below the regional and world averages. The archipelago of the maldives is the main source of attraction to many tourists visiting the island country.
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