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Tourism, Maldives' largest economic activity, accounts for 28% of GDP and more than 60% of foreign exchange receipts. Over 90% of government tax revenue comes from import duties and tourism-related taxes. Fishing is the second leading sector. 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 labor. Most staple foods must be imported. The Maldivian Government implemented economic reforms, beginning in 1989 that initially lifted import quotas, opened some exports to the private sector, and liberalized ...  More..

Economy of Maldives
SOURCE: CIA - The World Factbook
Currency Maldivian Rufiyaa
Fiscal Year 01 January - 31 December
GDP (PPP) $1.673 billion (2009 est.)
GDP (per capita) $4,200 (2009 est.)
Exports $88 million (2009 est.)
Imports $782 million (2008 est.)
Main Industries Tourism, Fish Processing, Shipping, Boat Building, Coconut Processing, Garments, Woven Mats, Rope, Handicrafts, Coral and Sand Mining
Exports - Commodities Fish
Imports - Commodities Petroleum Products, Ships, Foodstuffs, Clothing, Intermediate and Capital Goods
Exports Partners Thailand 34.5%, UK 13.8%, France 12.2%, Italy 9%, Sri Lanka 8.5% (2008)
Imports Partners Singapore 26.6%, UAE 16.5%, Malaysia 9.5%, India 9.2%, Thailand 4.7%, Sri Lanka 4.5%, Germany 4% (2008)

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