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Maldives and ADB

Climate change is one of the biggest threats to Maldives. ADB supports the country in building resilience against climate and disaster impacts.

In the Spotlight

Maldives Facts

ADB's Work in Maldives

A revival in tourism and an impressive vaccination rollout for the coronavirus disease (COVID-19) that saw 88% of the eligible population fully vaccinated as of end 2021 enabled Maldives’s gross domestic product (GDP) growth to rebound by an estimated 31.6% in 2021. This was a notable turnaround after the pandemic shut down the tourism industry in 2020, causing the economy to contract by 33.5%, the country’s deepest recession on record. Maldives’s annual GDP growth averaged 5.7% from 2010 to 2019.

Data: Maldives

Forecasts are based on ADB's flagship publication, the Asian Development Outlook. Updated four times a year, it analyzes economic and development issues in developing countries in Asia and the Pacific.

Development indicators for Maldives, including a selection of economic, environmental, and social indicators used globally to track progress toward the Sustainable Development Goals.

Results achieved are aggregate amounts of outputs and outcomes from operations reported in project completion reports and extended annual review reports circulated for the year.

Cofinancing operations enable ADB’s financing partners, governments or their agencies, multilateral financing institutions, and commercial organizations to participate in financing ADB projects.

Contact: South Asia Department (SARD)

6 ADB Avenue, Mandaluyong City, 1550 Metro Manila, Philippines

  Office Hours: 8:30 a.m. to 5:30 p.m. (Monday to Friday)

Masato NAKANE (Mr)
Desk Officer for Maldives

ADB does not have a resident mission in Maldives. ADB South Asia Department (SARD) is responsible for the country coordination for Maldives.

ADB Headquarters in Manila will be closed on these dates:

Last updated: 9 January 2023