Blog Maldives

The rapid growth of the tourism industry left its mark on the labour market, which saw a dramatic shift away from agriculture and toward services. In part because of lack of training among the general population, a number of foreign workers from South Asia provide skills needed to help develop businesses. As businesses on resort islands away from the general populace demanded an increasing share of the total labour force, the participation rate of women, who are discouraged by the culture from living away from their families, fell substantially. About three-fifths of women participated in the labour force in the 1970s, but the rate dipped as low as one-fifth of women in the mid-1990s. By the 2010s, however, the participation rate had recovered to about half of women.

Industries are largely of the handicraft or cottage type, including the making of coir (coconut-husk fibre) and coir products, fish canning, and boatbuilding. Textile and garment manufacturing was among the more lucrative industries from the mid-1990s until the 2005 expiry of an import quota regime in international textile trade left factories in the Maldives unable to compete. Construction makes up the bulk of the industrial sector.