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Maldives and ADB

In the Spotlight

  • Maldives: Economic Update 2019

    Gross domestic product (GDP) growth marginally rose to 6.9% in 2018 from 6.8% in 2017 given robust construction activities, tourism, and supporting services. Average inflation fell from 2.8% to only –0.1% in 2018. While GDP is projected to moderate to 6.5% in 2019 and further to 6.3% in 2020. Download report

  • In the Maldives, More Women are Starting their Own Businesses

    乐动体育注册Limited access to finance in the small islands of Maldives holds back local business development and employment opportunities but a new program has helped to set up 172 new businesses.

  • Asian Development Bank and the Maldives: Fact Sheet

    ADB operations in Maldives support efforts to enhance energy efficiency, improve urban infrastructure and services, develop micro, small and medium enterprises, and strengthen the capacities of the government in program and portfolio management.

  • Maldives and ADB: Linking Islands

    This country brief presents how ADB's operations in the Maldives has helped it progress from the United Nations’ Least Developed Country designation to Middle Income Country status as of January 2011.

Comprising around 1,190 small islands in the Indian Ocean, the Maldives is home to around 436,330 people. 

The Government of the Maldives is focused on providing basic needs—such as affordable housing, clean water, and adequate sewerage—as one of its top priorities. Decentralization is also a key priority. However, development of the Greater Malé Area will continue to be given high priority.

ADB’s strategy and plan for Maldives and the pipeline of priority projects are prepared based on consultations with various government agencies.

The Maldives is a member of the South Asia Subregional Economic Cooperation (SASEC) program.


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