News Desk
The Maldivian economy expanded 8.6 percent in December, marking one of the strongest monthly gains since the country began stabilizing its finances. The Maldives Monetary Authority said the improvement was driven by rising tourist arrivals and a solid performance in the fisheries sector.
The latest economic update projects an 8.6 percent rise in national productivity in the third quarter of 2025 compared with the same period a year earlier. Official reserves reached $983 million. That figure represents a 46 percent increase from the previous level of $673.9 million.
Inflation showed mixed movement. Prices in November 2025 were 14 percent higher than a year earlier. Yet overall commodity inflation held at 1.3 percent, suggesting uneven pressure across categories.
Tourism accounted for 8 percent of total visits measured in the update. Fisheries output rose 21 percent. Both sectors remain central pillars of the Maldivian economy.
Import costs continued to climb. Oil imports rose 15 percent, driven by higher diesel demand. Food imports increased 10 percent.
Price changes varied across industries. Financial services rose 11.1 percent. Restaurants and cafés saw a 4.7 percent increase. Telecommunications costs fell 8.6 percent, offering some relief to households.
Officials say the latest figures point to a cautious but steady recovery. Economists note that the Maldives remains exposed to global fuel prices and external shocks, yet the strengthening of reserves signals a more stable footing.
