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map of Maldives

 

 

 

Location:
A group of islands in the Indian Ocean, 500km (300 miles) southwest of the southern tip of India.

Capital :
Mal?�. Population: 104,403 (2008).

Area:
298 sq km (115 sq miles).

Description:
The Republic of Maldives consists of about 1,190 low-lying coral islands, of which only 200 are inhabited. Most of the inhabited islands are covered by lush tropical vegetation and palm trees, while the numerous uninhabited islands, some of which are mere sand spits or coral tips, are covered in shrubs. Each island is surrounded by a reef enclosing a shallow lagoon. Hundreds of these islands together with other coral growth form an atoll, surrounding a lagoon. All the islands are low-lying, none more than 2m (7ft) above sea level.

Population :
396,300 (2009).


Climate:
The Maldives have a hot tropical climate. There are two monsoons, the southwest from May to October and the northeast from November to April. Generally the southwest brings more wind and rain in June and July. The temperature rarely falls below 25?�C (77?�F).

Economy - overview:
Tourism, the Maldives' largest industry, accounts for 28% of GDP, and over 90% of government tax revenue comes from import duties and tourism-related taxes. Fishing is the second leading sector. Agriculture and manufacturing play almost no role in the economy, constrained by limited cultivable land and the shortage of domestic labour. Most staple foods must be imported. Industry, which consists mainly of garment production, boat building and handicrafts, accounts for about 7% of GDP.

Economy:
Tourism, the Maldives' largest industry, accounts for 28% of GDP, and over 90% of government tax revenue comes from import duties and tourism-related taxes. Fishing is the second leading sector. Agriculture and manufacturing play almost no role in the economy, constrained by limited cultivable land and the shortage of domestic labour. Most staple foods must be imported. Industry, which consists mainly of garment production, boat building and handicrafts, accounts for about 7% of GDP.

Exports:
Fish.

Imports:
Petroleum products, ships, food, clothing, intermediate and capital goods.
India, China, Japan, Malaysia and Singapore.

Exchange rates:
Maldivian Rufiya (MVR; symbol MRf) = 100 laari. Notes are in denominations of MRf500, 100, 50, 20, 10 and 5. Coins are in denominations of MRf2 and 1, and 50, 25, 10, 5, 2 and 1 laari.
http://www.worldtravelguide.net/country/160/money/Indian-Subcontinent/Maldives.html

GDP :
US$1.74 billion (2008).
 

 

 

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  Copyright By :  Kish Trade Promotion Center  2002