About Maldives

The Maldives, officially the Republic of Maldives, stationed strategically in the heart of the Indian Ocean, remains one of the most sought-after tourist destinations in the world. The island nation, spanning across the equator, boasts an influx of lakhs of tourists every year and recorded as many as 1,757,939 visitors’ arrivals till early December 2023, an impressive 12.6 per cent jump compared to 2022.
Maldives, with a population of 550,000 people dispersed across 185 islands, has capitalised on its geographical location to transform itself into a popular tourist destination in the last five decades. According to the Asian Development Bank, tourism’s contribution in Maldives stood at 13 per cent in 1980. However, the government’s push for development of the sector has resulted in its contribution being increased to about 25 per cent today with a projected indirect contribution of 79 per cent in 2022.