Revenue from the tourism sector has increased, resulting in a significant boost to state income. According to statistics from the Ministry of Tourism, as of the 19th of this month, 764,229 tourists have visited the Maldives. During the same period last year, 712,500 tourists had visited. This represents a 7.3% increase. So far this month, 131,811 tourists have visited the Maldives, which is a 21.5% increase compared to the same period last year when 108,496 tourists visited.
The number of tourists visiting the Maldives continues to increase day by day. Currently, an average of more than 7,000 tourists are visiting the Maldives daily.
With the growth in the Maldivian tourism industry, statistics from the Ministry of Finance, Development Planning and Trade show that there have been significant increases in the state revenue from this sector.
According to the Ministry of Finance’s statistics, revenues directly related to tourism, such as Tourism Goods and Services Tax (T-GST), Green Tax, Departure Tax, and Airport Development Fee (ADF), have exceeded 3.3 billion rufiyaa in February and March of this year. Compared to the same period last year, the total of these revenues has increased by 12.4%.
Revenues directly related to tourism:
* Tourism Goods and Services Tax – 3.5 billion rufiyaa
* Green Tax – 556.9 million rufiyaa
* Departure Tax – 435.8 million rufiyaa
* Airport Development Fee – 437.1 million rufiyaa
Among the tourists visiting the Maldives, the majority spent their holidays in resorts, accounting for 70.1%. According to the Ministry of Tourism’s statistics, 24.4% stayed in guesthouses, 3% in hotels, and 2.5% on safari vessels. In the first three months of this year, more than 200,000 tourists have already visited the Maldives. The government aims to attract 2.3 million tourists to the Maldives this year.
