IMF Highlights Economic Resilience as Tourism Continues to Power Growth

The IMF assessed the Maldives economy after an Article IV Mission from June 4-14, 2025. The economy grew 2.5% in Q1 2025, driven by tourism, public administration, construction, and other sectors. Tourism arrivals rose 9% in H1 2025. The IMF noted improved resilience due to fiscal consolidation but warned growth could slow to 1% in 2026 due to weaker tourism and higher energy prices, recovering to 4% in 2027. Risks include high debt, external shocks, and Middle East conflicts. The IMF recommended continued fiscal discipline, structural reforms, and climate resilience integration.

The IMF assessed the Maldives economy after an Article IV Mission from June 4-14, 2025. The economy grew 2.5% in Q1 2025, driven by tourism, public administration, construction, and other sectors. Tourism arrivals rose 9% in H1 2025. The IMF noted improved resilience due to fiscal consolidation but warned growth could slow to 1% in 2026 due to weaker tourism and higher energy prices, recovering to 4% in 2027. Risks include high debt, external shocks, and Middle East conflicts. The IMF recommended continued fiscal discipline, structural reforms, and climate resilience integration.

The IMF assessed the Maldives economy after an Article IV Mission from June 4-14, 2025. The economy grew 2.5% in Q1 2025, driven by tourism, public administration, construction, and other sectors. Tourism arrivals rose 9% in H1 2025. The IMF noted improved resilience due to fiscal consolidation but warned growth could slow to 1% in 2026 due to weaker tourism and higher energy prices, recovering to 4% in 2027. Risks include high debt, external shocks, and Middle East conflicts. The IMF recommended continued fiscal discipline, structural reforms, and climate resilience integration.

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