Maldives

The Maldives is an upper-middle-income economy built almost entirely on high-end tourism, as visitors flock to luxury resorts scattered across coral atolls in the Indian Ocean.

Heavy reliance on tourism leaves it exposed to global shocks, while rising sea levels pose an existential long-term threat to the low-lying nation.

Key Sectors

The economy is dominated by luxury tourism and the fishing industry, with nearly everything else imported; tourism provides the bulk of revenue and foreign exchange.