Lewes, DE -- (SBWIRE) -- 06/26/2018 -- As per International Monetary Fund (IMF) Maldives's nominal gross domestic product is expected to grow at a CAGR of 6.58% from it's 2015 level of MVR 49.195 billion and reach MVR 76.876 billion by 2022.

Maldives country profile. The Maldives is an Islamic republic which lies off the Indian sub-continent. It is made up of a chain of nearly 1,200 islands, most of them uninhabited. With its abundant sea life and sandy beaches, The Maldives is portrayed by travel companies as a tropical paradise.

Maldives had estimated population of 0.354 million in the year 2016 and expected to reach 0.391 million by 2022, registering the growth rate at a CAGR of 1.68%.

Maldives real gross domestic product (GDP) was around MVR 27.705 billions in 2016 whereas the nominal GDP was MVR 52.07 billions. This resulted in GDP deflator 187.943. Per capita GDP was estimated at USD 9554.15 whereas purchasing power parity (PPP) based per capita GDP was estimated to be at USD 15553.

In 2016, Maldives government's revenue was MVR 18.013 billions whereas the expenditure was MVR 22.374 billions. This resulted Maldives government's net lending / borrowing negative at MVR 4.361 billion in 2016 indicating that enough financial resources were not made available by the government to boost economic growth.

The current account balance for Maldives was negative and estimated to be at USD 0.606 billions for the year 2016 and is expected to decline at a CAGR of 7.19% and reach USD 0.53 by 2022. This negative current account balance indicates the Maldives is a net borrower from the whole world.

Scope of the Maldives PESTEL Analysis, SWOT Analysis and Risk Analysis Market Research Reports
- These reports provide information about key macroeconomic indicators for Maldives.
- These reports provide PESTELE (political, economic, social, technological, environmental and legal) analysis for Maldives.
- These reports provide SWOT (strengths, weaknesses, opportunities and threats) analysis for Maldives.
- These reports provide risk analysis for Maldives.

For more information and to purchase Maldives PESTEL Analysis Market Research Report please visit: https://www.marketresearchreports.com/market-research-reports-inc/maldives-pestel-analysis-market-research-report

For more information and to purchase Maldives SWOT Analysis Market Research Report please visit: https://www.marketresearchreports.com/market-research-reports-inc/maldives-swot-analysis-market-research-report

For more information and to purchase Maldives Risk Analysis Market Research Report please visit: https://www.marketresearchreports.com/market-research-reports-inc/maldives-risk-analysis-market-research-report

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