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      Maldives GDP sees jump, reserve inches close to billion dollars

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    Home ยป Maldives GDP sees jump, reserve inches close to billion dollars

    Maldives GDP sees jump, reserve inches close to billion dollars

    February 2, 20261 Min Read
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    The Maldivian Gross Domestic Product (GDP) sees an 8.6% increase by the end of December 205, while the country’s national reserves has inched close to a billion dollars.

    Data from the Economic Update of Maldives Monetary Authority (MMA) this significant increment is due to strong performance in the tourism and fisheries sectors.

    The national reserves touched 983 million in US dollars by December 2025, which is a 46% jump from 673.9 million dollars the year before.

    Sector wise, tourism industry showed an 8% growth while fisheries saw a 21% jump, specifically in terms of fish purchases by production and manufacturing companies and exporters.

    Meanwhile, Consumer Price Index registers an inflation rate at 1.3%.

    The import-heavy Maldives also saw a 15% increase in oil, which is mostly because of diesel imports bump. Imports on food items saw another 10% increase.

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