with the tourism sector contributing about a quarter of national income. This heavy reliance on tourism has also made the Maldives vulnerable to external economic shocks. During the pandemic, for instance, its GDP shrank by 33.4% in 2020, before rebounding by 41.7% in 2021. ...
GDP - composition, by sector of origin agriculture: 3% (2015 est.)industry: 16% (2015 est.)services: 81% (2015 est.) Agriculture - products coconuts, corn, sweet potatoes; fish Industries tourism, fish processing, shipping, boat building, coconut processing, woven mats, rope, handicrafts...
Fishing.This sector employs about 11% of the labor force and contributes 7% of GDP, including fish preparation. The use of nets is illegal, so all fishing is done by line. Production was about 183,000 metric tons in 2005, most of which was skipjack tuna. About 50% is exported, largely...
The economy of Maldives relies heavily on tourism, which accounts for a significant portion of GDP and foreign exchange earnings. The country attracts tourists with its luxurious resorts, clear waters and vibrant marine life, making it a premier destination for diving, snorkeling and vacationing. The...
Fishing, long the traditional base of the economy, has been farsurpassedby tourism as the main source of gross domestic product (GDP). While the sector still produces the bulk of the country’s exports and continues to grow (albeit at a slower pace than the tourism industry), it employs ...
Tourism and fishing dominate the Maldives' economy, influencing its import needs significantly. Despite being a small island nation, its imports have a substantial impact on GDP, catering mainly to the hospitality industry and local consumers. The government is increasingly focused on diversifying the ...
The impact of COVID--19 on the tourism sector of Maldives to tourist arrivals from a destination while the number of confirmed cases is statistically insignificant.GDP and exchange rate were also significant determin... MOW Economy 被引量: 0发表: 2022年 Marshall-Lerner Condition for South Asia...
It powered the current GDP per capita to expand 265% in the 1980s and a further 115% in the 1990s. Over 90% of government tax revenue flows in from import duties and tourism-related taxes. Fishing is the second leading sector in the Maldives. The economic reform program by the ...
Tourism is the main industry, contributing close to 28% of the GDP. Over 60% of the foreign exchange that flows into the country is through the tourism sector. Major percentage of government tax revenue comes from tourism related taxes and it is considered as the main source of income. ...
The Maldives economy has been growing at an annual average of 10% for the past two decades. Tourism is the main industry, contributing close to 20% of the GDP. Fisheries and trade follow close behind. The Maldivian economy is regarded as exemplary in the region and welcomes foreign investment...