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Maldives

Welcome to the price transmission page for Maldives. This page enables you to look into the country and its crops more specifically to gain an understanding of the level of risk and also, to view its historic warning periods per commodity. Select a time range or a specific date to view the data in more detail.

Maldives

Historic Warnings per Commodity

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Background information

The island country Maldives is the smallest Asian country in both land area and population. The country made up of roughly 280 islands are strategically located along major sea lanes in the Indian Ocean. Driven by its key sector tourism, Maldives is nowadays classified as a middle income country. Combined with the sectors construction, transport, and communication, it contributes to half of the country’s output. Diversifying the economy beyond tourism and fishing is one of the challenges ahead, next to the large and still growing fiscal deficit.

Around one-quarter of the land area on the islands is used for cultivating and growing agricultural products, such as coconuts, corn and sweet potatoes. Fish, as one of the few natural resources, is a relevant source of income for many Maldivian people. The overall low elevation of the islands makes the country sensitive to sea level rise and global warming. The whole demand for cereals needs to be imported.

The Maldives HDI (2014) value is 0.706, which put the country in the category of high human development. According to the Asian Development Bank however, around one-seventh of the Maldivian population lives below the national poverty line, which is highest in remote atoll areas. Despite the high human development, malnutrition is especially widespread among children: around one-fifth is suffering from stunting or wasting mainly caused by insufficient breastfeeding.