The Maldives’ gross domestic product (GDP) rose to USD 6.9 billion in 2025, marking a 5.4 percent increase from the previous year, according to data released by the Monetary Authority of Maldives (MMA).
The robust growth was primarily fueled by a strong rebound in tourism, alongside expansions in trade, transportation, and construction.
Tourism remained the largest contributor, injecting USD 1.5 billion into the economy—a 5.7 percent surge—as the archipelago welcomed over 2.2 million visitors in 2025. Other key sectors, including trade (7.0 percent growth), transport and communications (6.8 percent), and construction (4.7 percent), also saw significant gains. The fishing industry contributed USD 220.5 milllion, growing by 3.0 percent.
Looking ahead, the central bank projects economic growth between 4.8 percent to 5.3 percent in 2026, supported by rising tourist arrivals and infrastructure expansion. With the full operationalisation of Velana International Airport (VIA), visitor numbers are expected to reach 2.4 million by 2026, an 8.8 percent year-on-year increase.
The Maldives continues to lead South Asia in GDP per capita, reflecting its resilient and diverse economic performance. Analysts highlight that sustained growth in key sectors signals a strengthening economy, reinforcing the nation’s position as a regional standout.