Login Get Started
HelpDesk
 Embed  Download
  of  

or
Sign in to continue reading...

Maldives: Monthly Statistics - May 2017

IM Research
By IM Research
8 years ago
Maldives: Monthly Statistics - May 2017

Ard, Islam, Mal, Reserves

Sukuk

International Trade

Organisation Tags (1)


Create FREE account or Login to add your comment
Comments (0)


Transcription

  1. MONTHLY STATISTICS MAY 2017 VOLUME 18 BUDGET FOR 2017 Development expenditure Budget de ficit is projected to be at 0.5% of GDP in 2017 This revised version of Monthly Statistics May 2017 issue includes updated tourism sector data (Table 1, 3.1 and 3.2) available as of 6th June 2017 Land & resort lease rent 6,812.7 4,768.7 50% GST Transportation, communication & utilities Tourism Construction Communication Transport Interest payments 2,348.5 MVR MVR 875.6 Deficit 2,691.9 MVR 2,924.9 MVR Import duty Other expenditure on goods & services 303.7 * All figures in millions PRIVATE SECTOR LOANS 2016 * 2015 MVR MVR BPT 9% 8% 2014 22,209.4 1,411.4 Grants 10% MVR 1,250.8 MVR MVR 21,905.7 MVR 6,705.6 23% Total expenditure Total revenue & grants MVR Loans to private sector by commercial banks stood at MVR 18.5 billion at the end of 2016 6% Transport & communication * Averaged over 2015-Q3 to 2016-Q2 as 2016-Q3 & 2016-Q4 was not available 3% INFLATION Fishing Average inflation rate for Maldives was 0.5% in 2016 4.0% Salaries, wages & allowances MVR Net sales to 1,603.8 public enterprise 2013 Social welfare, subsidies & transfers MVR 2,335.2 Others Real GDP is estimated to increase by 3.9% in 2016 2012 1,751.4 MVR 8,634.7 MVR GROSS DOMESTIC PRODUCT 2006 MVR 3.3% 14% Others BANK Increase in food & furniture prices 3.0% Targeted food subsidy 2.0% 1.7% 39% Tourism 1.0% 0.0% 2013 2014 2015 2016 -1.0% * Graph indicates monthly inflation rates -0.8% Decline in fish prices Maldives Monetary Authority, y Boduthakurufaanu Magu, Male’ - 20182, Republic of Maldives, el: (960) 3322268, Fax: (960) 3317604, Email: statistics@mma.gov.mv, Website: www.mma.gov.mv 17% Commerce 21% Construction & real estate www.mma.gov.mv/viya
  2. List of acronyms and abbreviations mt na y /y {…} avg. pvt. govt. metric tonne not available/not relevant year on year: current month (or review period) compared to corresponding month (or review period) of previous year zero / nil indicates a percentage change is greater than +999.9 or less than -999.9 average private government Real Sector CPI GDP ND consumer price index gross domestic product non durable Fiscal Sector GST SOE goods and services tax state-owned enterprise Financial Sector OFC ODC other financial corporations other depository corporations External Sector SDR c.i.f. f.o.b. nes GIR ST FC special drawing rights cost, insurance and freight free on board not elsewhere specified gross international reserve short term foreign currency
  3. Table of Contents Page No . 1 Selected Economic Indicators, 2011 - 2017 1 2.1 2.2 3.1 3.2 4.1 4.2 5.1 5.2 5.3 5.4 5.5 5.6 Gross Domestic Product, 2011 - 2017 Quarterly Gross Domestic Product, 2010 - 2016 Tourism Indicators, 2011 - 2017 Tourist Arrivals by Nationality, 2011 - 2017 Fish Prices and Production, 2011 - 2017 Volume of Fish Exports, 2011 - 2016 Consumer Price Index - National, 2011 - 2017 Inflation - National, 2011 - 2017 Consumer Price Index - Male', 2011 - 2017 Inflation - Male', 2011 - 2017 Consumer Price Index - Atolls, 2012 - 2017 Inflation - Atolls, 2013 - 2017 3 5 7 8 9 10 11 12 13 14 15 16 6.1 6.2 6.3 6.4 6.5 6.6 Summary of Central Government Finance, 2011 - 2017 Central Government Revenue and Grants , 2011 - 2017 Central Government Expenditure and Net lending, 2011 - 2017 Central Government Revenue and Expenditure, 2015 - 2017 Claims on Central Government by Ownership, 2011 - 2017 Summary of Treasury Bills and Islamic Instruments, 2011 - 2017 17 18 19 20 21 23 7.1 7.2 7.3 7.4 7.5 7.6 7.7 7.8 7.9 8 Central Bank Survey, 2011 - 2017 Other Depository Corporations Survey, 2011 - 2017 Depository Corporations Survey, 2011 - 2017 Other Financial Corporations Survey, 2011 - 2017 Financial Corporations Survey, 2011 - 2017 Assets and Liabilities of Maldives Monetary Authority, 2011 - 2017 Assets and Liabilities of Other Depository Corporations, 2011 - 2017 Assets and Libilities of Other Financial Corporations, 2011 - 2017 Private Sector Loans and Advances by Other Depository Corporations, 2011 - 2017 Interest Rates, 2011 - 2017 25 27 29 31 32 33 35 36 37 39 9 10 11.1 11.2 11.3 11.4 11.5 12 13 Gross International Reserves, 2011 - 2017 Balance of Payments, 2011 - 2017 Imports and Exports, 2011 - 2016 Composition of Exports, 2011 - 2016 Composition of Imports, 2011 - 2016 Direction of Trade - Exports, 2011 - 2016 Direction of Trade - Imports, 2011 - 2016 External Debt and Debt Service, 2011 - 2017 Exchange Rates, 2011 - 2017 41 42 43 44 45 47 48 49 50 Real Sector National Accounts Tourism Fisheries Inflation Fiscal Sector Government Finance Statistics Government Domestic Debt Financial Sector Monetary and Financial Statistics Interest rates External Sector External Assets Balance of Payments External Trade External Debt Exchange rates
  4. Table 1 . Selected Economic Indicators, 2011 - 2017 Period Real GDP growth rate Nominal GDP (MVR) (1) 2011 2012 2013 2014 2015 2016 2017 Period May-16 Jun-16 Jul-16 Aug-16 Sep-16 2017 millions Total tourist arrivals (3) (4) 8.7 2.5 4.7 35,768.3 38,693.0 42,952.2 2,454.9 2,509.3 2,785.5 931 958 1,125 4.7 63,593.7 4,124.1 na 6.0 2.8 3.9 Total tourist arrivals 93 79 47,589.6 52,787.5 58,065.7 117 105 120 Apr-17 120 3,086.2 3,423.3 3,765.6 Tourism 2/ Tourist bednights (31) thousands 110 112 102 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Nominal GDP (USD) (2) % (30) 2016 Real sector Gross domestic product 1/ 125 121 113 573 444 629 679 590 1,205 1,234 1,286 Real sector Bednight capacity (32) 1,032 995 1,041 1,046 1,019 Average stay (33) days 6.2 5.6 5.7 6.0 5.8 Tourism 2/ Tourist bednights (5) (6) 6,529 6,451 7,058 8,939 9,173 9,550 thousands 7,290 6,977 7,771 na Fisheries Fish purchases (34) mt 4,514.8 1,150.9 1,607.2 2,751.5 2,858.2 706 652 686 1,058 1,074 1,135 6.0 6.2 5.7 7,922.1 6,949.3 7,128.1 734 1,135 6.1 2,921.6 810 777 750 1,123 1,040 1,171 6.5 6.4 6.7 Bednight capacity 6,763.3 2,675.9 4,106.6 9,848 10,127 12,373 na Inflation National (35) Average stay (7) days Fisheries Fish purchases National (8) (9) mt 7.0 6.7 6.3 40,291.0 49,492.4 63,090.8 na na 6.0 5.7 6.0 50,511.2 45,235.2 53,969.8 Government finance statistics 4/ Total revenue & Total expenditure grants Fiscal sector Inflation Total revenue & grants 11.3 10.9 3.8 9,904.6 10,138.1 11,900.7 na 21,905.7 2.1 1.0 0.5 1,909.9 2,406.1 13,361.1 13,495.3 1.7 1.5 2.3 1,217.5 na na 2,054.3 na na na na 4.5 na na na na na na 15,164.2 17,306.2 18,152.6 12,264.7 13,110.0 13,530.8 -2,360.2 -2,971.9 -1,765.5 22,236.5 -303.7 16,417.2 21,336.9 22,435.0 Commercial Banks 1,685.3 1,584.7 2.9 3.1 4.3 (12) Overall balance as a % of GDP (13) % -6.6 -7.7 -4.1 -1,375.1 -4,134.7 -4,304.1 Government domestic debt -0.2 -0.8 1,517.3 2,044.0 1,750.9 (11) millions of MVR Treasury bills and Islamic instruments 5/ (38) 1,746.0 1,298.5 1,545.9 Overall balance (deficit/surplus) -2.9 -7.8 -7.4 -0.5 Fiscal sector (37) -0.4 -0.6 -0.2 Total expenditure & net lending (10) % (36) % Government finance statistics 3/ Others Treasury bonds Loans & advances (39) (40) (41) (42) 8,975.0 9,047.6 4,386.1 4,447.7 7,914.9 7,903.2 3,149.2 3,150.8 13,616.9 14,161.3 14,455.7 9,760.0 10,232.7 10,154.9 3,856.9 3,928.6 4,300.8 8,790.4 8,781.5 8,774.6 3,196.5 3,211.8 3,216.4 13,752.8 9,892.9 13,387.6 13,280.4 13,558.6 14,317.3 14,401.2 13,802.5 millions of MVR 9,033.6 9,302.2 9,542.9 10,060.8 9,981.2 9,955.6 4,354.0 3,978.2 4,015.7 4,256.5 4,420.0 3,846.9 3,859.9 7,834.3 8,282.9 8,284.9 8,767.6 8,758.3 9,429.2 9,423.4 Source: National Bureau of Statistics, Ministry of Tourism, Ministry of Fisheries & Agriculture, Ministry of Finance & Treasury, Maldives Monetary Authority, Maldives Customs Service, Maldives Airports Company Limited, Gan International Airport 3,164.4 3,175.9 3,180.3 3,231.6 3,236.5 3,224.0 3,706.6 Figures for 2014 and 2015 are revised as of October 2016. Figures for 2016 are projections available as at November 2016 forcasted by Ministry of Finance & Treasury Figures for 2016 and Jan to March of 2017 has been revised. Tourist bednights data from 2016 onwards includes estimates made by Ministry of Tourism for missing data. Figures for 2015 are revised actuals and figures for 2016 are revised estimates. Figures for 2017 represent the budget approved by the parliament during November 2016. Overall balance from 2013 to 2017 are calculated excluding Net lending. 4/ The figures do not accord with the methodology of IMF's GFS Manual 1986 and these are not comparable with annual figures. And monthly data is available upto October 2016. 5/ Represent the face value of treasury bills and islamic instruments. 6/ This refers to Financial Corporations Survey. 7/ Open market operations temporarily suspended from May 2014 onwards. 8/ BOP figures are based on information available as at 16th April 2017 and are compiled in accordance with BPM6 methodologies. 9/ From April 2011 onwards the exchange rates refer to MMA daily reference exchange rate. 10/ Monthly data is available upto March 2016. 1/ 2/ 3/ 1 | Monthly Statistics - May 2017 (with tourism data)
  5. Financial sector Period Broad money Net foreign assets 6 / Monetary financial statistics Net domestic assets (14) (15) (16) 2011 2012 2013 19,062.2 20,001.6 23,676.7 2,627.7 5,085.7 8,687.3 20,252.4 19,414.7 20,444.1 2017 na na na 2014 2015 2016 27,161.2 30,491.9 30,435.9 12,435.1 12,197.0 7,716.7 21,661.8 26,344.3 32,377.9 6/ o/w Net claims on central govt. Claims on pvt. sector Reserve money (18) (19) 9,734.5 11,429.3 13,268.0 17,188.1 15,573.6 15,805.8 7,551.3 8,181.9 9,629.1 na na (17) millions of MVR 15,346.7 18,640.9 22,078.3 16,512.4 18,466.4 20,575.5 12,502.3 10,274.1 8,977.7 na Financial sector Period 2016 2017 May-16 Jun-16 Broad money (44) (45) 32,581.5 31,847.2 12,746.3 12,349.8 28,671.2 28,418.6 31,461.4 29,640.9 30,435.9 11,538.4 7,641.5 7,716.7 29,390.3 31,383.6 32,377.9 32,076.5 31,753.5 31,753.5 Jan-17 Feb-17 Mar-17 30,396.4 31,179.4 30,929.9 Apr-17 assets 6/ 31,677.9 12,559.7 11,937.6 11,658.1 8,587.9 9,064.3 8,288.8 8,971.1 Open market operations (avg.) 7/ (20) (21) 332.1 270.5 344.7 272.1 286.1 579.6 1,125.9 2,494.0 3,230.3 na 291.2 - na Monetary operations Open market operations (47) (48) (49) (50) 20,221.6 20,382.2 19,290.8 19,493.6 11,163.0 11,268.5 3,399.5 3,069.4 21,423.2 21,774.9 22,078.3 20,140.2 20,189.3 20,575.5 10,295.0 8,653.1 8,977.7 2,800.5 2,587.9 3,502.8 o/w Net claims on central govt. (46) Claims on pvt. sector millions of MVR 20,429.6 21,018.2 21,439.4 31,364.1 31,723.0 32,316.9 21,769.7 21,763.3 21,942.9 22,645.5 19,669.4 20,078.9 20,165.6 20,654.5 21,048.0 21,199.7 21,244.3 11,060.3 9,740.9 9,945.8 8,644.2 9,869.7 9,327.7 9,325.8 (avg.) 7/ Gross international reserves (USD) Import coverage millions months 614.7 564.0 467.1 3.7 3.6 2.6 334.9 304.5 368.3 (23) na Gross international reserves (USD) -1,957.3 285.8 2,243.0 -650.5 -1,660.0 -1,655.0 -1,839.5 300.9 239.5 257.1 1,960.9 1,894.5 2,096.6 -117.8 -294.1 -840.0 Current account as a % of GDP (28) % -15.6 -7.4 -4.6 -3.8 -8.6 -22.3 -15.8 External sector Import coverage (52) Total exports (f.o.b.) (53) 3.8 3.7 20.7 11.5 3.2 2.0 2.6 27.6 18.8 62.6 3.6 3.2 3.2 3,470.9 3,632.0 3,408.9 - 476.1 516.8 501.2 2.6 2.8 2.7 494.6 (27) na 612.2 533.7 541.4 - (26) millions of USD -383.4 -184.5 -127.4 - 3,382.1 (25) 1,716.8 1,575.8 1,703.0 months 543.1 343.5 467.1 Import 346.4 314.4 331.0 3,024.0 2,911.3 2,872.8 - (24) Export Current account balance -1,370.5 -1,261.4 -1,372.0 millions 624.3 623.9 Balance on goods Balance of payments 8/ 2.7 2.4 2.5 External reserves (51) - External sector External reserves (22) Overnight deposit facility (avg.) 28,559.3 29,078.1 29,120.7 32,481.6 Overnight deposit facility (avg.) Reserve money Net domestic assets 6/ (43) Jul-16 Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Net foreign Monetary financial statistics Monetary operations na 8.0 16.8 12.9 35.5 29.1 21.0 na External trade 10/ Domestic exports (54) Re-exports millions of USD 16.3 6.1 3.9 10.8 8.0 (55) 4.4 5.4 4.1 6.0 4.9 Total imports (c.i.f) (56) 209.0 173.2 15.41 15.37 15.41 15.40 15.41 15.35 na Exchange rates 9/ (57) MVR per USD 15.41 15.38 15.41 15.38 15.37 195.1 187.9 186.9 15.42 15.41 15.39 9.1 7.6 49.6 173.0 190.6 209.3 na na na 11.8 9.6 10.2 (29) MVR per USD 157.3 172.7 170.4 18.5 11.2 13.0 23.7 19.5 10.8 Exchange rates 9/ 15.35 15.41 15.35 15.39 Monthly Statistics - May 2017 (with tourism data) | 2
  6. Real Sector Table 2 .1 Gross Domestic Product, 2011 - 2017 (Millions of MVR) Period Gross domestic product (at market prices) (2+3) (1) 2011 2012 2013 2014 2015 2016 2017 1/ Period 2014 2015 2016 2017 1/ Gross domestic product (at basic prices) Primary (4+6+8+14) (3) (2) o/w Fisheries (4) (5) Secondary o/w Construction (6) (7) Tertiary o/w Tourism (8) (9) Fisim Transport (10) Communication Real estate (11) (12) 2/ (13) (14) 2,440.9 2,739.1 2,968.7 20,351.0 20,622.3 21,490.2 682.3 682.0 716.9 321.0 318.8 345.0 3,107.8 3,133.3 2,896.1 1,694.3 1,673.6 1,454.8 16,783.2 17,031.3 18,118.9 5,824.6 5,820.6 6,346.1 1,926.9 1,902.6 1,981.9 1,954.2 2,045.3 2,254.4 1,596.9 1,617.3 1,678.6 2,279.0 2,345.1 2,441.5 -222.2 -224.3 -241.8 28,988.3 na na na na na na na na na na na na na 25,925.8 26,663.8 27,691.5 Gross domestic product (at market prices) 3,249.4 3,129.4 na Taxes less subsidies (26) 8.7 2.5 4.7 31.7 12.2 8.4 4.7 na 6.0 2.8 3.9 9.5 -3.7 na 22,676.4 23,534.4 na 718.2 714.5 na 341.9 338.3 na Gross domestic product Primary Fisheries (27) (28) (29) 3,268.6 3,867.2 na Secondary (30) 1,765.7 2,255.5 na 18,961.3 19,260.0 na y/y % change Construction 6,601.0 6,383.3 na Tertiary Tourism (32) (33) (31) 2,124.5 2,254.4 na Transport (34) 2,447.3 2,625.8 na Communication 1,749.5 1,828.6 na Real estate (35) Govt. administration (37) 1.1 -0.0 5.1 -1.1 -0.7 8.2 12.1 0.8 -7.6 19.0 -1.2 -13.1 5.8 1.5 6.4 9.2 -0.1 9.0 7.0 -1.3 4.2 8.4 4.7 10.2 1.8 1.3 3.8 -0.5 2.9 4.1 na na na na na na na na na na na 5.5 3.8 na 0.2 -0.5 na -0.9 -1.0 na 12.9 18.3 na 21.4 27.7 na Figures for 2016 and 2017 are projections available as at November 2016 forecasted by Ministry of Finance & Treasury. 4.6 1.6 na 4.0 -3.3 na 7.2 6.1 na 8.6 7.3 na Mid year population figures includes local and expatriate population. Expatriate population is projected for the subsequent years using the past 5 year growth rate of foreign population. 3 | Monthly Statistics - May 2017 (with tourism data) (36) 2,488.0 2,552.3 na 6.5 1.3 4.2 Source: National Bureau of Statistics, Ministry of Finance & Treasury 1/ Govt. administration 22,791.9 23,361.4 24,458.9 (25) 2011 2012 2013 Taxes less subsidies 2003 constant prices 4.2 4.5 na 1.9 2.6 na -271.6 -307.3 na Fisim (38) -12.0 -0.9 -7.8 -12.4 -13.1 na na
  7. Real Sector Primary Period Secondary (15) 2011 2012 2013 2014 2015 2016 2017 1/ Period 2011 2012 2013 2014 2015 2016 2017 1/ (16) Tertiary Fisheries (17) (18) In % of GDP (at basic prices) Construction Tourism (19) (20) Transport Communication (21) (22) Real estate Govt. administration (23) (24) 3.4 3.3 3.3 15.3 15.2 13.5 82.5 82.6 84.3 1.6 1.5 1.6 8.3 8.1 6.8 28.6 28.2 29.5 9.5 9.2 9.2 9.6 9.9 10.5 7.8 7.8 7.8 11.2 11.4 11.4 na na na na na na na na na na 3.2 3.0 na 14.4 16.4 na 83.6 81.8 na 1.5 1.4 na 7.8 9.6 na 29.1 27.1 na Memorandum items 9.4 9.6 na 10.8 11.2 na 7.7 7.8 na 11.0 10.8 na Real GDP at market prices (millions of USD) Nominal GDP at market prices (millions of USD) Nominal GDP at market prices (millions of MVR) Nominal GDP per capita at market prices (USD) Total mid year (39) (40) (41) (42) (43) 1,780.6 1,825.1 1,910.9 2,454.9 2,509.3 2,785.5 35,768.3 38,693.0 42,952.2 6,041.3 5,974.5 6,410.7 406,359 419,998 434,505 2,264.7 4,124.1 63,593.7 na na 2,025.5 2,083.1 2,163.4 3,086.2 3,423.3 3,765.6 47,589.6 52,787.5 58,065.7 6,858.9 7,338.7 na population 2/ 449,957 466,472 na Monthly Statistics - May 2017 (with tourism data) | 4
  8. Real Sector Table 2 .2 Quarterly Gross Domestic Product, 2010 - 2016 Period 2010 2011 2012 2013 2014 2015 2016 Gross domestic product (at market prices) Taxes less subsidies (2+3) (1) (2) Q3 Q4 5,169.7 5,421.3 Q1 Q2 Q3 Q4 5,989.2 5,564.3 5,735.1 6,072.8 679.9 665.3 657.2 736.7 6,664.4 6,311.2 6,349.6 6,600.6 807.4 784.4 815.4 842.2 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 5,713.0 5,467.6 5,524.2 6,087.1 6,253.3 5,805.6 5,973.3 6,426.6 6,814.2 6,452.2 6,622.1 6,775.3 7,079.6 6,893.8 Source: National Bureau of Statistics. 477.3 479.8 514.2 604.7 602.0 720.0 742.6 719.7 738.1 768.3 794.7 722.4 788.8 823.5 818.7 983.8 5 | Monthly Statistics - May 2017 (with tourism data) Gross domestic product (at basic prices) Primary o/w Fisheries (4+6+8+14) (3) 4,692.4 4,941.5 5,198.8 4,862.9 4,922.2 5,367.1 5,309.3 4,899.0 5,078.0 5,336.1 5,510.7 5,086.0 5,235.2 5,658.3 5,857.0 5,526.8 5,534.2 5,758.4 6,019.5 5,729.8 5,833.3 5,951.8 6,260.8 5,910.0 (4) 162.0 172.2 191.2 162.3 156.6 172.2 (5) 76.4 82.6 98.2 75.2 68.8 78.8 153.7 176.3 155.9 196.1 59.7 89.0 66.7 103.3 185.2 197.1 158.6 177.3 88.0 105.2 65.8 82.9 172.7 157.6 176.2 210.4 201.2 179.0 144.5 189.9 178.8 173.3 76.8 67.6 84.9 115.6 104.2 87.2 51.1 95.8 80.8 80.8 (Millions of MVR) 2003 constant prices Secondary (6) 694.0 686.6 728.8 767.0 756.1 855.9 763.6 755.3 839.4 775.0 740.7 706.3 694.3 754.9 777.7 817.1 843.9 829.8 905.8 991.6 999.8 969.9 1,032.8 1,072.3 o/w Construction (7) Tertiary (8) o/w Tourism (9) 356.5 357.7 3,885.0 4,135.3 1,229.9 1,445.5 413.1 392.8 463.4 404.3 4,450.4 4,019.6 4,137.6 4,423.7 1,647.4 1,274.1 1,344.7 1,554.4 357.5 410.2 412.4 514.2 376.1 361.5 342.8 374.4 403.9 437.9 461.9 462.0 511.7 572.3 592.6 578.9 604.7 645.4 4,335.9 3,985.9 4,062.6 4,398.7 4,659.2 4,278.0 4,423.3 4,758.5 4,961.8 4,577.2 4,598.4 4,823.9 4,990.9 4,633.5 4,765.3 4,870.3 5,133.0 4,742.1 1,637.6 1,286.5 1,325.3 1,575.2 1,745.3 1,415.5 1,498.9 1,686.4 1,829.5 1,524.4 1,576.8 1,670.3 1,795.1 1,466.5 1,538.4 1,583.4 1,787.8 1,451.8 Fisim Transport (10) 446.9 487.4 506.2 454.7 460.1 506.0 507.5 426.7 467.9 500.7 526.3 462.7 469.5 523.5 537.0 501.2 508.1 578.1 590.5 541.7 547.1 575.1 603.4 533.9 Communication (11) 456.5 456.3 460.9 478.3 495.0 520.0 498.9 507.4 511.6 527.3 Real estate (12) 392.0 396.3 398.6 397.8 398.8 401.7 402.0 401.6 404.7 409.0 540.5 536.8 577.2 599.8 413.7 416.0 421.1 427.7 631.9 651.7 672.3 669.9 453.2 455.7 458.4 461.3 609.3 602.9 602.7 632.3 661.6 659.3 429.8 433.1 439.1 447.5 471.5 468.1 Govt. administration (13) 573.1 571.4 568.3 567.6 569.4 573.7 580.4 585.4 588.8 590.5 593.0 593.2 600.7 654.7 695.0 624.2 579.4 589.3 613.7 628.6 647.2 662.9 669.5 676.1 (14) -48.7 -52.6 -57.2 -52.3 -53.0 -59.7 -58.4 -52.2 -54.8 -58.8 -61.9 -55.9 -58.5 -65.5 -67.7 -64.5 -66.7 -72.7 -78.3 -74.4 -76.3 -78.3 -83.8 -77.7
  9. Real Sector Period 2010 2011 2012 2013 2014 2015 2016 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Gross domestic product (at market prices) (15) 11.1 6.9 6.4 9.2 6.9 12.3 4.8 1.8 3.8 -0.2 4.4 4.3 4.2 5.8 6.6 8.7 6.3 2.7 2.2 2.2 4.3 2.6 3.9 6.8 Taxes less subsidies (16) 19.8 4.3 14.1 35.9 26.1 50.1 Gross domestic product (at basic prices) (17) 10.3 7.2 5.7 6.6 4.9 8.6 Primary Fisheries (18) (19) -1.2 -5.9 8.5 -1.4 -3.4 -0.0 32.2 10.0 9.2 2.3 2.1 0.7 3.2 -0.6 -19.6 8.6 -0.4 13.9 8.7 9.0 10.5 9.6 6.3 8.7 5.7 1.8 7.2 25.1 -10.0 -15.8 9.2 8.2 12.3 4.3 -1.6 -7.9 -3.3 -2.2 3.0 36.2 3.8 3.8 3.1 6.0 2.8 3.7 5.4 3.4 4.0 3.1 -7.0 -15.0 15.2 -6.4 -10.0 -4.6 -39.2 18.4 -3.0 31.2 Secondary (20) 14.7 5.7 10.3 5.1 8.9 24.7 4.8 -1.5 11.0 -9.4 y/y % change Construction (21) 23.6 15.1 12.8 4.5 15.7 43.7 15.5 -4.2 12.4 -21.4 12.3 -10.6 13.0 7.3 28.6 -24.1 27.3 11.9 -3.0 -6.5 -17.3 -2.6 -9.0 -8.0 -26.0 -7.4 8.6 -9.2 -8.9 7.1 18.3 -17.1 -22.2 15.6 16.5 21.4 18.5 16.9 26.7 30.7 28.3 25.3 -11.1 -3.2 14.6 55.7 -22.5 -28.3 -22.4 -7.3 5.0 15.7 21.6 9.9 14.0 8.1 7.4 21.1 34.7 23.4 18.2 12.8 Tertiary (22) 10.2 8.1 5.0 7.3 4.6 6.4 2.6 0.8 1.8 0.6 Tourism (23) 17.7 16.5 7.9 12.7 7.8 9.0 0.6 -1.0 1.5 -1.3 4.7 6.4 6.9 7.6 5.9 11.1 11.5 8.5 0.6 1.2 3.6 1.0 -1.9 -3.8 -2.4 -5.2 6.5 7.0 4.0 1.4 2.8 2.3 Transport (24) 22.3 14.5 Communication (25) 4.2 0.5 10.9 10.8 3.0 3.8 5.0 6.0 8.4 14.0 3.7 8.4 0.3 4.6 8.3 5.8 12.8 13.8 10.0 8.1 7.7 -0.5 3.7 8.1 11.5 5.9 0.3 -6.2 1.7 -1.1 4.8 7.7 5.2 -1.0 2.0 8.3 8.2 10.4 -0.4 -1.0 2.2 -1.4 8.2 6.1 3.4 1.4 12.7 12.3 4.4 5.4 4.7 1.2 Real estate (26) 3.8 3.0 Govt. administration (27) 1.3 0.3 1.9 2.3 1.7 1.4 -0.7 -1.0 -0.6 0.4 2.9 3.6 4.1 4.6 2.2 1.3 2.0 10.9 0.8 0.9 1.5 1.8 2.1 3.1 3.4 2.9 Fisim (28) -21.1 -16.1 -12.8 -12.8 -8.9 -13.5 -2.2 0.2 -3.4 1.5 -5.9 -7.0 -6.7 -11.4 3.9 4.1 4.3 4.6 17.2 5.2 -3.5 -10.0 -9.4 -15.5 -14.0 -11.0 4.0 2.7 9.1 7.6 -7.0 -4.4 5.5 5.2 4.4 3.1 -11.7 0.7 11.7 12.5 -15.7 -15.3 -14.4 -7.7 Monthly Statistics - May 2017 (with tourism data) | 6
  10. Real Sector Table 3 .1 Tourism Indicators, 2011 - 2017 Period 2011 2012 2013 1/ 2014 2015 2016 2015 2016 * May-15 Jun-15 (1) (2) 931 958 1,125 6,529 6,451 7,058 7.0 6.7 6.3 24,493 25,062 26,161 95 82 557 435 5.8 5.3 28,248 27,465 1,205 1,234 1,286 105 110 96 Jan-16 Feb-16 Mar-16 108 121 115 Oct-15 Nov-15 Dec-15 Jul-16 Aug-16 Sep-16 2016 2017 Total arrivals Bednights Average stay Operational (thousands) (thousands) 2/ (days) bed capacity Jul-15 Aug-15 Sep-15 Apr-16 May-16 Jun-16 2017 * Tourist arrivals & stay Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 Jan - Apr Jan - Apr 105 90 119 103 93 79 110 112 102 117 105 120 125 121 113 120 448 479 7,290 6,977 7,771 548 608 524 610 532 590 659 749 747 656 573 444 629 679 590 706 652 686 810 777 750 734 2,811 3,071 (3) 6.0 5.7 6.0 5.2 5.5 5.5 5.8 5.9 5.0 6.1 6.2 6.5 6.3 6.2 5.6 5.7 6.0 5.8 6.0 6.2 5.7 6.5 6.4 6.7 6.1 6.3 6.4 (4) Capacity & operations Bednight capacity (thousands) Registered bed capacity (5) (6) 8,939 9,173 9,550 26,356 27,705 28,770 73.1 70.4 74.0 93 98 101 17.6 2.9 17.4 876 824 32,614 32,694 63.6 52.8 104 103 4.5 -2.2 103 105 108 -4.4 0.5 15.0 109 109 109 1.2 -2.3 -3.0 26,984 27,748 33,802 9,848 10,127 12,373 26,567 27,595 27,855 824 855 836 27,591 28,163 28,276 855 845 877 32,548 32,741 32,874 1,009 949 1,019 33,581 33,745 33,967 1,041 1,046 1,019 33,188 33,284 33,160 34,114 35,807 36,618 36,225 37,133 37,773 37,817 32,838 37,237 996 1,032 995 1,058 1,074 1,135 1,123 1,040 1,171 1,135 3,973 4,468 Occupancy rate (%) 30,689 32,837 35,353 32,740 32,902 33,041 33,415 33,591 34,105 34,012 34,152 34,364 34,548 34,912 35,086 35,517 35,681 35,809 36,062 36,714 37,374 37,538 38,109 38,682 38,715 34,269 38,261 Source: Ministry of Tourism, Maldives Monetary Authority, Ministry of Finance & Treasury, Maldives Inland Revenue Authority 1/ 2/ 3/ (7) 74.1 69.0 62.9 66.5 71.0 62.7 71.3 63.0 67.4 65.3 78.9 73.3 65.9 55.6 44.6 60.5 64.9 57.9 66.8 60.7 60.4 72.1 74.7 64.0 64.7 70.8 68.9 This data refer to resorts and hotels only. Data from 2016 onwards includes estimates made by Ministry of Tourism for missing data. Annual data refers to average number of resorts in operation. Annual data refers to government revenue as per table 6.2. Monthly data refers to data published by MIRA as T-GST. * Figures for 2016 and Jan to March of 2017 has been revised. 4/ Resorts in operation Note: Annual data of registered bed capacity previously showed end of period data and has been changed to show average number. 7 | Monthly Statistics - May 2017 (with tourism data) 3/ (8) 104 105 111 104 104 104 108 109 109 111 112 112 Tourist arrivals (9) 9.1 -1.2 9.4 (11) 3.6 2.3 4.4 Bednight capacity (12) 6.9 7.0 340.3 290.4 -3.3 -3.6 -3.0 -1.6 2.1 2.8 -1.6 2.1 2.8 11.7 0.1 2.4 4.5 9.8 13.8 17.2 16.6 17.5 17.2 20.8 17.5 5.7 1.9 6.7 14.9 11.8 12.5 26.4 22.3 21.9 26.4 22.3 21.9 15.6 0.3 -2.1 22.9 3.7 0.4 122 15.7 3.6 7.0 8.8 3.0 2.1 15.8 22.5 16.2 11.9 9.3 9.2 3.2 3.9 4.5 21.2 17.8 20.7 23.6 27.1 29.5 11.3 13.4 14.9 13.9 18.1 13.4 (14) 4.7 3.8 4.3 5.7 0.4 -8.2 -3.7 -4.4 4/ 665.3 1,553.6 2,154.7 3.1 2.8 22.2 4.7 3.8 (13) GST on tourism (millions of MVR) 4.2 5.1 3.8 3.1 2.8 21.8 -1.6 -6.8 Registered bed capacity Memorandum items 3.6 2.6 4.1 3.3 -4.3 11.4 11.4 15.9 0.2 109 121 (10) Operational bed capacity 7.1 2.4 4.2 114 114 117 120 120 122 Bednights y/y % change 3.2 3.9 4.5 21.2 17.8 20.7 23.6 27.1 29.5 6.7 7.0 7.7 6.5 6.9 6.9 8.1 7.3 7.5 6.2 6.3 6.2 6.5 7.0 7.3 8.5 8.4 8.4 7.9 9.3 9.6 11.3 9.5 14.9 10.4 11.6 12.6 19.1 12.5 6.3 11.6 13.9 12.1 3,001.8 4,150.3 3,984.6 257.7 291.5 326.1 270.7 313.3 307.8 390.0 409.3 409.9 393.1 363.4 259.6 192.0 309.1 279.6 308.1 317.3 333.4 389.8 462.9 446.9 412.1 1,602.3 1,711.7
  11. Table 3 .2 Tourist Arrivals, 2011 - 2017 Tourist arrivals Europe Period (2 to 8) (1) 2011 2012 2013 2014 2015 2016 2015 2016 May-15 Jun-15 2016 2017 95,389 81,506 35,403 24,274 50,950 49,101 Jan-16 Feb-16 Mar-16 108,396 120,639 115,131 Jul-16 Aug-16 Sep-16 2017 334,692 367,680 505,753 104,517 110,144 95,511 Apr-16 May-16 Jun-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 Jan - Apr Jan - Apr (3) 537,769 517,809 527,274 Jul-15 Aug-15 Sep-15 Oct-15 Nov-15 Dec-15 (2) Asia 931,333 958,027 1,125,202 1,204,857 1,234,248 1,286,135 105,498 90,218 119,255 103,493 93,228 79,034 110,432 112,282 101,909 117,489 104,572 119,530 125,336 121,052 112,665 119,774 447,659 478,827 Source: Ministry of Tourism Real Sector 529,291 535,962 575,176 34,021 39,881 34,131 47,369 43,178 64,065 55,382 60,719 63,842 47,351 36,279 25,661 37,859 43,109 36,958 55,368 51,363 61,285 64,030 67,730 61,927 61,542 227,294 255,229 Africa (6) (7) 6,452 7,095 8,271 23,654 26,774 32,970 14,196 16,826 18,761 14,570 21,843 32,050 716 754 3,683 3,004 1,866 2,017 2,740 2,341 59,137 59,197 50,302 901 975 818 50,127 39,544 41,463 598 482 1,360 44,604 46,501 46,684 982 775 493 658 595 827 57,871 55,710 50,095 1,019 1,324 1,109 48,579 43,019 38,122 877 676 1,001 44,308 175,498 174,028 Middle East (5) 8,149 9,248 10,752 52,482 42,091 45,404 Oceania (4) 568,031 578,322 572,336 40,133 51,112 39,649 Americas 748 686 1,536 1,452 3,062 4,006 41,044 46,630 50,458 3,458 3,179 3,423 3,614 3,496 6,220 4,318 4,111 4,741 3,879 3,438 3,276 3,960 3,607 4,251 4,391 4,580 5,906 5,474 4,574 5,440 5,294 17,049 20,782 20,814 21,777 25,708 2,202 1,659 2,141 1,609 1,311 2,144 3,536 1,319 1,706 2,230 1,592 2,186 2,452 1,969 2,658 2,078 1,890 2,092 2,371 1,657 2,180 2,924 8,791 9,132 UN passport holders & others (8) na na na o/w Germany 4,415 4,608 725 7,242 6,532 6,804 2,398 3,930 3,265 3,969 3,381 3,976 4,231 15,826 15,557 China (18) (19) (20) (21) (22) 83,328 62,782 57,854 63,936 66,378 76,479 104,508 91,776 85,869 198,655 229,551 331,719 17.6 2.9 17.4 6.4 -3.7 1.8 39.5 9.9 37.6 25.3 49.9 46.7 17.4 8.7 -4.8 -7.0 -24.7 -7.8 10,371 4,927 2,163 2,017 3,053 2,500 6,867 5,923 30,864 31,965 4.5 -2.2 2.5 -7.6 4.5 2.4 1.2 -38.0 24.0 -9.0 17.1 12.5 30,714 19,856 16,255 -4.4 0.5 15.0 -0.1 0.9 22.8 -45.2 24.3 37.8 6.6 2.1 21.7 24,794 25,005 28,653 1.2 -2.3 -3.0 -0.2 2.5 5.7 2.2 -8.7 -4.9 29.5 68.2 -69.0 5.0 -2.2 -6.3 4.7 6.4 9.5 11.4 80.3 -17.7 -0.7 -4.2 57,862 65,616 71,202 2,538 5,603 2,828 3,084 4,429 11,280 32 35 9 8,810 10,141 4,617 5,490 2,746 2,583 7,837 9,247 13,268 6,008 6,869 7,826 8,828 9,253 9,086 3,257 6,507 3,172 24 32 42 13,061 10,759 7,938 4,122 4,987 11,171 23 11,172 8,601 139 93 United Kingdom 90,517 98,351 93,598 12,252 9,682 9,640 36 15 19 (17) Russia (13) 29 27 34 29 31 34 (16) Italy (12) 5,859 7,698 8,140 30 49 28 (15) Germany (11) 16 38 22 4,339 2,734 4,338 (14) y/y % change (10) 4,782 5,215 4,674 2,152 2,180 3,969 Middle East (9) 98,328 105,132 106,381 31 15 Asia Russia 327 333 375 7,803 8,874 10,216 39,162 38,065 12,079 11,215 9,900 32,657 41,795 66,308 44,323 46,522 3,180 3,347 2,309 3,860 3,702 5,797 88,704 92,775 101,843 7,174 7,805 6,799 7,724 7,001 9,531 5,272 3,274 4,461 7,728 10,603 11,095 3,415 3,034 2,990 7,898 8,852 7,797 3,363 3,077 2,939 4,387 4,750 5,560 8,964 7,253 5,893 9,111 8,073 8,576 6,874 5,113 6,413 8,630 10,395 10,063 16,370 23,800 38,390 38,505 5,400 9,417 China Europe Italy 37,201 41,976 51,330 United Kingdom Tourist arrivals 363,626 359,514 324,326 41,527 40,850 32,198 23,241 34,330 21,741 36,456 36,217 29,242 7.1 2.4 4.2 4.3 5.7 0.4 16.1 12.8 22.3 0.0 8.8 -1.8 113.5 -10.1 66.2 5.4 11.0 8.4 16.2 -11.6 -6.8 11.7 8.9 5.3 5.7 1.9 6.7 11.3 8.1 8.3 -2.1 -5.9 -0.4 15.6 0.3 -2.1 15.6 11.5 -3.0 21.0 -15.8 -3.9 6.4 12.3 -1.7 -0.8 11.7 0.1 2.4 11.4 15.9 0.2 20,975 15.7 104,106 94,110 12.3 1.8 -1.0 2.4 2.9 -2.6 29,444 18,954 16,249 30,669 24,263 18,203 0.4 1.3 7.3 3.6 7.0 16.9 19.0 -4.3 30.0 -4.9 -1.7 1.4 5.1 6.9 1.2 9.1 5.6 -0.3 10.5 4.1 8.7 51.4 25.3 45.6 2.5 -10.8 -3.9 -8.5 23.7 -8.3 -0.4 -4.0 -23.0 13.7 -1.7 6.6 11.1 -17.7 26.8 7.1 -2.8 30.2 3.8 15.2 -8.5 -12.2 -6.4 67.0 15.6 44.5 -37.4 -42.0 -3.0 9.4 4.0 6.6 -31.5 -29.8 29.2 -3.7 8.7 24.7 -9.2 -19.7 -10.8 -3.4 27.0 28.1 -12.8 0.8 17.6 1.9 5.6 -0.5 -6.1 -19.0 -10.4 33.7 12.6 -1.0 13.7 28.3 -4.1 18.0 15.3 -10.0 60.6 5.1 0.0 13.4 8.5 -13.3 -33.2 5.0 -7.4 18.8 0.3 -31.2 -31.6 -42.9 14.5 23.6 34.5 9.8 12.5 -6.6 28.3 16.1 12.2 36.8 21.2 9.0 56.7 3.1 28.0 -8.9 13.6 10.2 7.4 -9.4 29.5 30.4 56.2 43.8 -1.2 45.4 3.3 4.6 9.8 9.2 0.8 -3.4 8.1 21.1 19.9 10.1 13.4 14.7 9.6 -1.1 -9.8 -4.0 7.8 -6.5 13.5 -20.8 -13.3 -12.2 -11.3 -9.2 -4.1 -4.5 -0.0 11.7 -2.0 -9.3 32.0 -29.3 -16.3 13.1 0.3 -9.7 -9.6 -15.4 Monthly Statistics - May 2017 (with tourism data) | 8
  12. Real Sector Table 4 .1 Fish Prices and Production, 2011 - 2017 Period Local Companies Purchase Prices (MVR/kg) Skipjack tuna (1) 2011 2012 2013 2014 2015 2016 2015 na na na May-15 Jun-15 Jul-15 Aug-15 Sep-15 2016 Oct-15 Nov-15 Dec-15 Jan-16 Feb-16 Mar-16 Apr-16 May-16 Jun-16 Jul-16 Aug-16 Sep-16 2017 2016 2017 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 Jan - Apr Jan - Apr Yellowfin tuna (2) na na na Iced skipjack tuna (3) 112.5 90.0 75.0 19.0 19.0 19.0 17.0 17.0 17.0 72.5 70.0 60.0 17.0 17.0 17.0 60.0 70.0 125.0 17.0 17.0 17.0 55.0 55.0 66.5 17.0 17.0 17.0 17.0 17.0 17.0 17.0 17.0 17.0 120.0 95.0 112.5 67.5 62.5 56.0 60.0 60.0 60.0 19.0 19.0 19.0 19.0 19.0 19.0 19.0 19.0 19.0 19.0 19.0 19.0 19.0 19.0 19.0 19.0 19.0 19.0 19.0 19.0 19.0 Source: Ministry of Fisheries & Agriculture, Maldives Customs Service 1/ 2/ (5) 16.2 16.2 17.0 17.0 17.0 56.5 60.0 67.5 (4) 19.0 19.0 19.0 19.0 19.0 17.0 17.0 17.0 Yellowfin tuna 28.5 30.1 22.1 60.0 67.5 66.5 85.0 82.5 Skipjack tuna na na na 17.0 17.0 17.0 17.0 17.0 International Market Prices (MVR/kg) na na na 1/ Bigeye tuna (6) 2,909.6 1,880.1 1,333.6 715.0 1,551.4 1,163.5 174.5 397.0 185.8 25.4 24.7 21.6 21.6 21.6 21.6 21.6 21.6 25.4 25.4 26.2 24.3 23.1 25.4 23.1 150.8 148.7 147.7 146.0 149.9 149.4 145.1 146.0 139.4 142.9 140.6 143.1 145.2 150.8 145.2 (9) 256.1 234.1 119.8 122.7 122.1 117.9 119.2 150.4 (8) na 22,297.3 26,844.6 21.6 23.1 23.1 14.6 18.2 21.6 Yellowfin tuna na 27,106.2 35,580.8 205.7 396.7 516.9 118.1 115.0 118.2 Skipjack tuna 40,291.0 49,492.4 63,090.8 131.6 118.2 139.4 17.0 17.0 14.6 (8 to 10) (7) 2/ na na na 17.7 14.6 25.4 117.9 121.4 Fish purchases (mt) 153.2 197.1 396.7 198.1 232.7 188.8 343.3 157.5 168.4 243.6 197.3 298.8 355.3 334.2 516.9 417.7 208.8 213.3 217.6 343.3 217.6 50,511.2 45,235.2 53,969.8 1,747.8 2,545.4 2,073.1 26,977.1 20,918.8 29,389.9 803.6 774.4 714.5 5,343.3 5,043.7 3,783.6 2,589.3 1,945.9 1,645.0 7,390.4 4,514.8 1,150.9 4,352.0 2,316.5 331.3 3,617.9 3,695.5 4,383.7 1,607.2 2,751.5 2,858.2 7,922.1 6,949.3 7,128.1 6,763.3 2,675.9 4,106.6 2,921.6 19,087.6 16,467.5 1,717.0 1,830.0 1,788.6 1,020.5 1,285.6 1,384.7 4,439.9 3,877.5 5,046.3 4,324.5 896.7 1,366.9 676.0 9,687.6 7,264.2 Others (10) Total Fish Catch (mt) (11) na 88.9 665.4 120,836.0 120,000.9 129,843.1 24.6 1.5 9,249.1 6,663.2 21,068.6 23,013.8 22,501.9 2,465.4 1,302.5 2,078.0 923.9 1,674.3 1,301.6 20.2 96.7 56.9 2,309.3 1,637.8 2,525.2 2,123.6 8,729.7 8,595.8 129.6 141.4 214.5 121.9 670.3 607.5 9 | Monthly Statistics - May 2017 (with tourism data) -26.5 -37.0 13.2 9.0 -48.4 -62.4 -65.6 64.4 21.5 -25.3 -29.3 23.5 2.6 -8.0 8.1 37.9 27.0 66.0 93.8 -42.1 -26.3 -14.0 na na na na na na 18.5 55.2 -38.8 48.3 37.8 88.4 71.5 99.3 206.8 -60.5 -84.5 na na na 86.9 -27.6 -6.3 na na -4.1 -13.7 na 23.7 73.7 -53.7 151.9 -51.0 -23.6 -6.8 -25.0 Skipjack prices are based on Bangkok frozen market prices, yellowfin tuna prices are based on Spain Mercamadrid Fresh Market prices and bigeye tuna prices are based on Japanese frozen bigeye tuna prices. Figures for 2016 are provisional. -80.1 -86.8 -59.3 -3.1 132.0 na na na 157.4 230.8 159.9 12.0 -6.4 -48.4 7.7 35.6 na na na 82.8 -5.0 -39.6 (17) 120.6 156.1 161.3 7.5 35.0 -37.8 56.9 14.8 -29.7 (16) -1.1 -0.7 8.2 -32.4 -31.3 -56.9 -62.4 -76.5 (15) Total Fish Catch na na 648.2 -16.6 1.6 -47.5 -42.5 -56.2 Others Memorandum items Fish exports (millions of USD) na na 20.4 5,705.2 7,517.7 5,944.3 222.8 173.5 48.4 3,324.8 2,841.0 1,922.0 na na 31.3 (14) -21.5 9.2 -2.2 2,815.6 2,024.8 771.3 51.4 231.7 354.7 (13) -24.2 -22.5 40.5 14,366.0 12,692.4 9,124.4 535.3 1,234.2 1,118.8 14.3 22.8 27.5 Yellowfin tuna -19.9 -10.4 19.3 114.6 106.4 159.5 151.1 100.6 195.7 (12) Skipjack tuna 128,683.2 127,351.8 na 2,639.4 2,991.4 1,979.0 1,749.8 1,764.8 2,399.4 Fish purchases y/y % change 49.3 45.2 -9.7 270.5 -47.2 59.5 -58.6 -29.4 -71.3 -51.2 -12.9 58.4 10.5 30.5 -33.7 28.7 604.0 {...} 26.0 -5.0 -2.9 37.4 116.9 0.2 32.0 -7.2 5.2 -24.6 -0.7 -1.5 154.0 139.6 523.3 -14.3 40.5 9.6 -45.3 -7.2 -9.4 -0.9 -1.0 na -4.9 -9.4 -42.4 na na na na na na na na na na na na na na na na na na 139.1 137.3 134.8 5.1 13.1 12.0 8.8 14.6 8.8 11.3 12.8 10.6 15.5 15.8 5.8 3.5 10.5 7.6 18.0 10.9 12.6 23.2 18.8 10.3 na 50.1 na
  13. Real Sector Table 4 .2 Volume of Fish Exports, 2011 - 2017 Fish exports (Quantity in mt) Fresh, chilled or frozen tuna Skipjack tuna Period (2+6+7+8) (1) 2011 2012 2013 2014 2015 2016 2015 Apr-15 May-15 Jun-15 Jul-15 Aug-15 Sep-15 2016 Oct-15 Nov-15 Dec-15 Jan-16 Feb-16 Mar-16 Apr-16 May-16 Jun-16 Jul-16 Aug-16 Sep-16 2017 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 2016 Jan - Mar 2017 Jan - Mar (2) (3) Yellowfin tuna (4) 38,195.1 40,601.2 49,590.2 31,906.2 35,416.9 44,656.0 18,520.1 17,922.3 23,293.2 13,246.2 17,357.5 21,102.5 4,779.5 4,663.8 2,551.9 4,253.4 4,090.1 1,828.6 2,552.4 2,352.0 805.0 1,696.9 1,729.2 1,012.5 48,183.2 43,532.7 46,500.8 864.2 5,262.1 4,257.5 1,804.2 5,503.3 1,745.4 3,934.7 5,256.2 3,077.4 5,478.9 4,925.4 1,054.8 735.6 4,106.8 2,108.1 7,336.0 3,579.6 4,907.1 10,017.5 7,370.2 3,379.9 12,268.4 20,767.7 42,726.4 36,524.0 39,261.8 379.6 4,743.1 3,805.7 1,036.9 4,974.0 1,070.8 3,293.6 4,650.3 2,473.9 4,934.9 4,234.5 555.1 285.6 3,465.7 1,580.5 6,539.6 2,970.2 4,277.8 9,314.6 6,513.7 2,565.1 10,417.8 18,393.3 Source: Maldives Customs Service Note: Data is available up to March 2017. 21,781.4 19,692.2 21,829.6 0.0 3,013.0 2,900.1 0.0 3,236.7 - 1,302.5 3,363.5 800.1 3,620.2 2,913.3 26.5 78.1 2,264.1 954.0 3,175.1 933.0 2,399.1 6,439.6 3,601.9 500.1 5,466.1 10,541.6 Other tuna Fresh, chilled or frozen fish (excluding tuna) (6) (7) (8) (9) 140.0 137.1 260.3 767.6 918.5 673.5 1,463.4 2,062.2 2,354.2 4,057.9 2,203.7 1,906.6 3,167.3 1,568.6 1,467.9 117.4 83.1 30.3 273.7 267.0 451.4 135.1 223.5 241.4 94.8 188.6 212.0 1,480.6 1,029.6 649.4 1,037.9 1,376.0 1,513.8 376.9 1,726.5 901.2 2.6 3.6 4.4 9.5 114.7 57.8 4.0 9.0 11.2 1,030.8 1,722.4 1,026.2 6.1 14.8 44.6 1,286.4 1,182.8 487.3 28.3 138.4 41.2 3,332.8 1,974.9 1,847.1 31.7 62.4 31.6 181.4 1,154.4 490.4 2,746.8 2,747.7 1,986.6 4,845.5 7,481.1 Fish products, sea food, o/w marine Processed product nes tuna, nes & live fish Processed fish, nes (5) 19,464.4 15,802.2 16,782.9 1,940.8 1,267.5 1,637.2 Canned or pouched 50.3 19.3 36.6 26.2 47.2 136.0 128.2 164.1 78.3 106.2 370.6 107.2 79.7 166.1 135.3 83.0 131.9 166.7 168.5 77.0 95.3 203.5 92.2 142.6 78.4 139.4 147.6 242.0 184.3 350.1 574.0 2,579.7 2,914.1 3,035.0 335.5 167.3 129.4 195.0 243.5 229.2 251.1 301.3 253.8 177.0 238.2 303.2 234.8 223.9 281.5 327.4 212.1 230.8 305.2 446.7 483.7 806.2 1,235.6 1,839.2 2,718.5 2,690.1 139.6 237.1 264.6 465.1 206.0 279.3 254.8 221.6 217.9 200.3 284.2 119.5 119.8 213.6 154.0 326.4 318.9 259.1 250.2 167.8 146.8 694.3 564.8 (10) 14.2 6.3 22.1 49.4 142.1 85.3 16.0 -37.4 -33.5 1,401.3 1,463.8 2,060.6 109.4 185.7 234.1 244.0 199.4 163.0 149.7 246.2 94.6 102.7 177.2 133.1 304.0 281.1 208.6 223.2 146.3 102.0 606.4 471.5 (11) 922.4 644.0 904.8 1,510.7 2,373.8 2,303.5 448.3 179.3 257.4 Fish exports y/y % change Fresh, Fresh, chilled or chilled or frozen tuna frozen fish (excluding tuna) (12) (13) 8.0 40.9 14.2 -35.9 -45.7 -13.5 17.1 -42.9 -44.7 -15.3 19.0 -73.9 35.1 202.5 71.0 -6.2 78.7 62.5 58.3 -19.8 74.0 -28.4 -17.5 64.7 276.7 57.1 197.5 -35.3 -10.8 -32.8 48.3 27.1 -50.5 67.9 -12.9 0.7 -29.8 54.8 -7.3 101.0 176.4 81.6 -28.1 375.0 -7.5 -57.9 642.7 -4.0 -45.4 154.5 -48.6 106.4 148.8 192.7 -37.3 110.9 -7.6 -43.5 143.1 -4.8 -0.0 -55.7 -54.1 75.6 86.3 165.1 -14.9 -22.0 -50.5 -24.8 -26.9 -58.5 79.8 144.2 787.1 14.6 5.6 -58.7 13.8 -20.4 -76.3 42.1 102.7 153.8 33.0 -1.6 -16.1 306.6 -35.0 181.1 530.7 -40.3 299.5 447.9 439.2 1.4 69.3 0.7 76.6 154.6 40.2 9.8 54.1 32.6 10.0 16.0 3.5 -69.6 101.9 120.3 52.5 168.4 160.1 110.8 (15) 33.7 19.6 -26.7 -4.3 -14.5 7.5 31.3 -18.7 -64.0 (14) Processed fish, nes 26.6 11.0 26.1 -2.8 -9.7 6.8 115.7 96.1 111.8 Canned or pouched 182.8 40.1 3.7 9.6 13.0 4.1 85.4 -27.2 -55.7 63.2 38.1 1.6 901.1 77.5 59.6 -30.0 33.8 117.4 9.1 191.7 39.8 21.6 48.2 90.6 -42.6 63.9 29.6 53.3 -3.5 47.8 -1.0 34.8 21.9 13.3 60.9 27.5 12.0 -14.2 -9.9 -41.8 -1.8 -24.3 -32.6 31.8 -18.6 Monthly Statistics - May 2017 (with tourism data) | 10
  14. Real Sector Table 5 .1 Consumer Price Index - National, 2011 - 2017 All items Base Weight 2014 2015 2016 2015 May-15 Jun-15 Jul-15 Aug-15 Sep-15 2016 Oct-15 Nov-15 Dec-15 Jan-16 Feb-16 Mar-16 Apr-16 May-16 Jun-16 Jul-16 Aug-16 Sep-16 2017 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 o/w Food & non-alcoholic beverages o/w Food Period 2011 2012 2013 (June 2012 = 100) o/w Fish (ND) Housing, water, Furnishing, electricity, gas household & other fuel equipment & routine maintenance of the house (1) (2) (3) (4) 89.7 99.4 103.2 83.4 98.1 105.2 na 100.8 105.4 57.4 93.8 104.4 96.5 100.0 103.5 106.1 107.0 106.3 108.1 106.3 108.3 105.4 107.6 107.7 107.8 100.0 105.4 106.4 106.9 106.9 107.0 107.0 107.0 107.1 106.5 106.4 106.6 106.1 105.9 105.9 106.2 106.4 106.3 106.8 108.8 108.7 109.0 109.5 109.9 110.6 110.6 Source: National Bureau of Statistics 28.4 105.9 106.4 107.0 107.0 107.6 107.5 107.4 108.2 106.3 105.5 107.2 104.9 104.6 105.0 105.5 105.4 104.7 106.3 112.2 111.3 111.9 112.8 113.8 113.4 113.3 26.1 106.1 106.5 107.2 107.1 107.8 107.7 107.6 108.5 106.4 105.6 107.4 104.9 104.6 105.0 105.6 105.4 104.7 106.5 112.9 111.9 112.5 113.5 114.5 114.0 113.8 8.6 106.2 105.7 104.1 106.2 106.9 104.6 103.7 109.3 104.6 103.3 109.8 104.4 103.9 105.2 104.7 104.4 100.6 104.5 103.0 101.7 103.2 104.5 107.9 108.9 108.7 (5) 23.3 106.7 107.8 108.1 108.1 108.2 108.2 108.3 108.4 108.4 108.4 107.3 107.3 107.3 107.6 107.7 108.0 108.2 108.3 108.7 109.1 109.5 110.0 110.2 110.3 110.4 Note: Annual data refers to twelve month average, monthly data refers to end of period. 11 | Monthly Statistics - May 2017 (with tourism data) (6) Health Transport Communications (7) (8) (9) 83.8 98.7 97.0 136.1 103.1 110.8 91.6 100.0 102.2 93.1 96.0 122.3 124.2 103.3 103.1 8.7 96.0 96.6 97.5 96.7 97.1 96.9 96.9 96.3 96.1 96.5 96.7 96.9 95.8 95.0 96.3 97.8 98.0 98.5 99.4 99.4 99.7 99.5 100.5 100.5 100.4 5.4 121.0 123.6 125.8 124.2 124.8 124.8 125.1 125.1 124.8 125.1 125.2 125.7 125.8 125.9 125.9 126.0 126.3 126.0 126.0 126.0 126.0 125.5 125.4 125.4 125.4 5.4 105.4 102.9 101.3 103.3 103.1 102.8 102.5 102.6 102.8 102.2 101.9 101.8 101.7 100.8 100.1 100.1 100.1 100.1 101.4 102.9 102.9 103.3 103.2 103.2 102.9 Education Restaurants & hotels Total excluding Fish Total excluding Food & nonalcoholic beverages (10) (11) (12) (13) 100.6 100.0 99.1 85.8 100.3 105.8 81.1 103.6 115.9 na 100.8 103.1 na 101.0 102.4 100.5 100.5 119.7 119.7 120.8 120.8 106.2 106.9 106.0 106.6 4.8 100.3 100.6 99.8 100.5 100.6 100.5 100.5 100.4 100.4 100.4 100.4 100.4 100.4 100.0 99.7 99.7 99.7 99.1 99.3 99.3 99.3 99.3 99.3 99.3 99.3 2.5 110.6 119.0 124.8 119.7 119.7 119.7 119.7 119.7 119.7 124.4 124.4 124.9 124.9 124.9 124.9 124.9 124.9 124.9 124.9 124.9 124.9 130.1 130.1 130.1 130.1 3.0 121.3 121.1 123.1 121.2 121.2 121.1 121.1 121.1 121.1 121.7 121.8 121.8 123.6 123.6 123.7 121.8 121.8 121.9 125.3 125.3 125.3 125.3 125.3 125.3 125.3 105.3 106.4 107.2 106.9 107.0 107.2 107.3 106.8 106.7 106.7 106.3 106.2 106.1 106.0 106.3 106.6 106.9 107.0 109.3 109.3 109.5 110.0 110.1 110.8 110.8 105.2 106.4 106.9 106.8 106.8 106.8 106.8 106.6 106.6 106.8 106.4 106.5 106.4 106.3 106.4 106.9 107.0 106.9 107.4 107.6 107.8 108.2 108.3 109.5 109.5
  15. Real Sector Table 5 .2 Inflation - National, 2011 - 2017 (June 2012 = 100) All items Period 2014 2015 2016 2015 11.3 10.9 3.8 May-15 Jun-15 Jul-15 Aug-15 Sep-15 2016 Oct-15 Nov-15 Dec-15 Jan-16 Feb-16 Mar-16 2.1 1.0 0.5 (2) 19.9 17.6 7.2 0.7 0.5 0.6 o/w Fish (ND) (3) na na 4.5 0.6 0.4 0.7 0.5 1.5 -0.1 1.0 -0.3 1.0 1.0 1.5 0.9 0.4 2.7 0.5 0.4 2.9 0.5 0.9 1.2 1.1 1.0 1.1 0.7 -1.0 1.3 1.4 0.4 2.2 0.8 -1.2 1.4 1.4 0.5 2.5 1.0 Apr-16 May-16 Jun-16 -0.2 -0.2 -0.8 -0.2 -1.2 -2.4 -0.1 -1.2 -2.5 Oct-16 Nov-16 Dec-16 1.7 1.5 2.3 4.5 2.9 5.3 4.9 3.1 5.7 Jul-16 Aug-16 Sep-16 2017 o/w Food & non-alcoholic beverages o/w Food (1) 2011 2012 2013 y/y % change in CPI Jan-17 Feb-17 Mar-17 Apr-17 -0.4 -0.6 -0.2 2.9 3.1 4.3 4.5 Source: National Bureau of Statistics -1.5 -2.7 -1.1 7.0 6.1 8.1 8.3 -1.6 -2.9 -1.1 7.5 6.6 8.7 8.8 (4) 59.3 63.5 11.4 Housing, water, Furnishing, electricity, gas household & other fuel equipment & routine maintenance of the house (5) 1.7 -0.5 -1.6 -0.3 -1.1 -3.5 0.5 -2.1 -4.5 4.3 -1.8 2.9 3.6 3.6 3.1 1.0 0.3 1.0 1.0 1.3 1.1 0.9 (6) 10.6 -24.2 7.4 -3.2 3.3 1.1 2.6 -1.0 0.6 0.9 3.7 0.2 0.2 0.4 -0.2 0.1 -2.8 -0.2 -2.7 -0.1 -0.1 -0.1 -2.1 2.1 0.3 -0.7 -7.0 -1.3 0.4 0.6 1.0 -1.7 -5.9 -0.1 1.2 -1.7 4.4 4.6 1.4 0.2 0.3 -0.1 0.0 0.1 1.5 2.7 2.8 2.9 (7) 4.2 17.8 -1.6 1.1 1.1 1.0 -1.6 4.1 1.2 Health -0.1 -1.3 -1.0 1.1 0.9 1.6 2.6 3.2 3.7 3.1 3.9 3.7 4.7 9.2 2.1 1.8 2.6 3.1 2.8 3.6 3.6 3.4 3.7 2.3 2.7 2.9 2.9 1.4 1.4 1.2 0.9 0.7 0.7 0.9 0.3 0.2 -0.2 -0.4 Transport (8) 13.7 9.1 2.2 3.1 -2.3 -1.5 -2.3 -2.6 -2.8 -3.0 -2.9 -1.5 -1.5 -0.9 0.3 0.0 -1.5 -2.5 -2.5 -2.9 -3.1 -2.9 -2.7 -1.1 0.3 0.1 1.1 1.2 1.4 1.2 Communications (9) 0.2 -0.6 -1.0 1.2 0.3 -0.8 -0.9 -0.9 -0.9 -0.5 -0.6 -0.6 -0.7 -0.7 -0.5 -0.5 -0.3 -0.1 -0.4 -0.8 -0.8 -0.9 -1.4 -1.2 -1.1 -1.1 -1.1 -1.1 -1.1 -1.1 Education (10) 18.3 16.9 5.5 4.6 7.6 4.9 6.4 7.5 7.5 7.5 7.5 7.5 7.5 7.5 7.4 7.4 4.4 4.4 4.4 4.4 4.4 4.4 4.4 4.4 4.4 4.4 4.6 4.6 4.1 4.2 Restaurants & hotels (11) 15.6 27.7 11.9 4.7 -0.2 1.7 -0.4 -0.4 -0.2 -0.2 -0.2 -0.1 -0.1 -0.1 0.3 0.4 0.9 Total excluding Fish (12) na na 2.2 2.2 1.1 0.7 0.5 1.7 1.3 1.3 1.4 1.6 1.3 1.1 1.3 0.9 0.6 Total excluding Food & nonalcoholic beverages (13) na na 1.4 2.7 1.1 0.5 0.7 1.6 1.7 1.2 1.0 1.3 1.1 1.0 1.3 0.7 0.6 2.3 2.3 2.4 0.1 -0.2 -0.6 -0.2 0.3 -0.1 3.4 3.4 3.5 1.9 2.3 2.7 0.6 0.9 1.2 0.5 0.6 0.6 3.0 2.9 2.8 1.3 -0.3 -0.1 -0.2 3.1 3.5 4.3 4.5 0.1 0.2 0.1 1.3 1.8 2.8 3.0 Note: Annual data refers to twelve month average, monthly data refers to end of period. Monthly Statistics - May 2017 (with tourism data) | 12
  16. Real Sector Table 5 .3 Consumer Price Index - Male', 2011 - 2017 All items Base Weight 2014 2015 2016 2015 May-15 Jun-15 Jul-15 Aug-15 Sep-15 2016 Oct-15 Nov-15 Dec-15 Jan-16 Feb-16 Mar-16 Apr-16 May-16 Jun-16 Jul-16 Aug-16 Sep-16 2017 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 o/w Food 1/ (1) 100.00 (2) 23.78 o/w Fish (ND) (3) (4) 21.62 7.64 Housing, water, Furnishing, electricity, gas household & other fuel equipment & routine maintenance of the house Health Transport Communications Education Restaurants & hotels Total excluding Fish Total excluding Food & nonalcoholic beverages 1/ (5) (6) (7) (8) (9) (10) (11) (12) (13) 33.25 7.38 3.34 5.02 4.95 3.15 4.09 89.65 99.42 103.39 83.42 98.17 105.54 na 101.01 105.85 57.36 94.41 103.85 96.49 100.00 103.95 83.77 98.52 96.55 136.10 102.77 110.57 91.64 99.92 102.43 100.62 99.90 98.05 85.75 99.97 102.14 81.12 103.92 117.33 91.68 100.10 103.35 na 100.86 102.72 106.82 107.97 106.88 109.71 106.88 110.05 105.40 108.80 109.58 109.69 88.14 93.75 127.41 127.46 107.56 107.89 96.12 96.12 117.33 117.33 125.61 125.60 106.94 107.90 106.81 107.42 105.92 107.37 108.23 107.98 108.11 107.94 108.08 108.24 107.65 107.81 107.82 107.47 107.64 107.70 107.78 108.08 107.72 108.36 109.38 109.43 109.61 110.00 110.19 110.43 110.48 Source: National Bureau of Statistics 1/ o/w Food & non-alcoholic beverages Period 2011 2012 2013 (June 2012 = 100) 106.61 107.45 106.21 108.70 109.07 108.21 108.84 110.00 107.55 106.80 107.08 105.28 105.28 105.22 104.92 105.03 103.28 105.80 108.78 108.41 108.69 109.62 110.29 109.27 109.00 106.78 107.61 106.34 109.05 109.39 108.54 109.20 110.52 107.81 107.02 107.33 105.34 105.35 105.21 104.88 105.03 103.14 105.93 109.15 108.73 109.01 110.06 110.81 109.56 109.26 106.59 106.28 101.29 109.30 109.15 104.73 105.34 112.39 105.16 104.25 106.12 103.09 103.73 103.30 100.23 101.63 94.87 102.23 98.26 98.13 99.69 98.62 100.41 100.34 99.84 107.01 109.61 111.78 110.18 110.36 110.38 110.45 110.62 110.66 110.57 110.44 110.55 110.96 111.48 111.58 112.00 112.13 112.26 112.74 113.27 113.38 113.52 113.64 113.70 113.97 93.81 94.62 96.20 94.54 95.73 95.31 95.38 94.33 94.30 95.17 95.15 95.64 94.38 93.11 94.52 96.73 96.64 97.15 98.57 98.51 98.79 98.50 99.54 99.51 99.51 124.65 127.36 128.61 127.56 127.54 127.45 127.77 127.75 127.40 127.84 128.15 128.48 128.51 128.51 128.52 128.67 128.90 128.90 129.02 128.93 128.93 129.05 128.83 128.88 128.88 The CPI Index for "Food" & "Total excluding Food & non-alcoholic beverages" is compiled starting from June 2012 onwards. Note: Annual data refers to twelve month average, monthly data refers to end of period. 13 | Monthly Statistics - May 2017 (with tourism data) 107.67 107.34 107.44 108.08 107.87 107.60 107.19 107.23 107.60 107.65 107.57 107.51 107.43 107.43 107.43 107.38 107.38 107.38 107.40 107.38 107.38 107.40 107.05 107.05 106.78 97.12 96.21 95.75 96.12 96.12 96.00 96.00 95.81 95.75 95.81 95.75 95.75 95.75 95.75 95.75 95.75 95.75 95.75 95.75 95.75 95.75 95.75 95.75 95.75 95.75 111.56 117.33 125.51 117.33 117.33 117.33 117.33 117.33 117.33 125.51 125.51 125.51 125.51 125.51 125.51 125.51 125.51 125.51 125.51 125.51 125.51 127.80 127.80 127.80 127.80 125.48 125.82 127.65 126.09 126.10 126.09 126.09 126.09 126.05 126.66 126.73 126.73 129.65 129.65 129.81 126.78 126.80 126.80 127.44 127.34 127.47 127.47 127.47 127.46 127.46 105.87 107.46 108.81 107.87 108.03 108.20 108.30 107.90 107.86 108.10 107.96 107.83 107.96 108.07 108.41 108.61 108.78 108.87 110.29 110.37 110.44 110.94 111.00 111.27 111.36 105.71 107.35 108.86 107.76 107.82 107.85 107.84 107.70 107.68 108.12 108.05 108.15 108.38 108.48 108.68 109.03 109.10 109.16 109.56 109.75 109.90 110.12 110.17 110.80 110.94
  17. Real Sector Table 5 .4 Inflation - Male', 2011 - 2017 (June 2012 = 100) All items Period 2014 2015 2016 2015 Jul-15 Aug-15 Sep-15 2016 Oct-15 Nov-15 Dec-15 Jan-16 Feb-16 Mar-16 2.4 1.4 0.8 0.7 1.8 1.7 1.5 1.4 1.1 2.0 1.2 1.4 1.3 1.4 19.9 17.7 7.5 (3) na na 4.8 1.0 0.8 -1.1 0.9 0.8 -1.2 -0.1 1.4 0.9 -0.2 1.5 1.0 -0.4 0.8 -0.4 4.1 0.9 0.3 1.4 2.3 -0.7 0.7 -0.4 4.5 1.1 0.5 1.7 2.7 0.6 0.8 -0.2 -0.1 -1.6 -4.4 0.1 -1.6 -4.7 Oct-16 Nov-16 Dec-16 1.2 1.1 1.8 -0.1 -1.4 1.1 -0.0 -1.6 1.1 Jan-17 Feb-17 Mar-17 Apr-17 0.1 -0.4 0.4 2.0 2.2 2.8 2.6 Source: National Bureau of Statistics 1/ (2) o/w Fish (ND) 1/ Apr-16 May-16 Jun-16 Jul-16 Aug-16 Sep-16 2017 Food 11.3 10.9 4.0 May-15 Jun-15 o/w Food & non-alcoholic beverages o/w (1) 2011 2012 2013 y/y % change in CPI -3.4 -5.3 -2.2 2.6 3.0 3.8 3.5 (4) 59.3 64.6 10.0 (5) 2.6 -0.3 -4.7 -1.1 -3.0 -0.3 -0.6 -3.3 -5.9 8.9 -1.8 -3.2 1.7 7.1 -2.9 -2.0 -7.9 -3.7 -5.7 -2.4 -7.0 -13.1 -2.4 2.8 3.2 4.0 -5.4 -5.4 -2.7 3.7 Housing, water, Furnishing, electricity, gas household & other fuel equipment & routine maintenance of the house -6.7 -12.7 -5.2 -3.8 2.9 3.6 3.9 2.9 2.4 2.0 2.5 2.5 3.0 2.8 2.4 (6) 10.6 -24.5 7.6 -6.1 6.4 2.4 2.4 -2.8 0.9 1.7 6.6 0.4 0.7 1.1 -0.1 0.6 1.7 1.7 1.7 -2.3 5.6 0.8 1.7 1.6 1.7 2.1 2.4 2.5 2.7 2.9 2.8 2.7 1.1 -1.5 -1.0 2.3 1.0 1.9 3.3 4.4 4.8 3.5 4.6 4.1 5.4 Transport (7) 4.2 17.6 -2.0 2.5 2.4 2.3 2.5 2.2 2.0 Health 12.7 2.2 1.0 2.5 2.4 2.4 1.9 1.9 1.6 2.0 0.4 0.7 (8) 13.7 9.0 2.5 5.1 -0.3 0.1 -0.5 -0.2 -0.4 -0.7 -0.6 0.8 0.8 1.6 2.0 1.9 0.1 0.8 0.9 0.8 -1.0 -0.1 -0.4 1.0 0.9 1.2 0.2 0.1 -0.2 0.9 1.1 1.1 0.9 0.5 0.3 0.3 -0.6 -0.5 -0.2 -0.2 -0.5 -0.4 -0.6 Communications (9) 0.2 -0.7 -1.9 -0.9 -0.9 -0.5 -1.7 -1.7 -1.7 -1.2 -1.3 -1.3 -1.5 -1.6 -1.1 -1.2 -1.0 -0.4 -0.4 -0.4 -0.4 -0.4 -0.3 -0.3 -0.1 0.0 -0.1 - Education (10) 18.3 16.6 2.2 9.2 5.2 7.0 3.3 3.3 3.3 3.3 3.3 3.3 3.3 3.3 7.0 7.0 7.0 7.0 7.0 7.0 7.0 7.0 7.0 7.0 7.0 7.0 1.8 1.8 1.8 1.8 Restaurants & hotels (11) 15.6 28.1 12.9 6.9 0.3 1.5 0.1 0.1 0.5 0.5 0.5 0.5 0.5 0.5 0.9 1.0 1.0 3.2 3.2 3.4 0.5 0.6 0.6 1.1 1.0 1.1 0.6 0.6 0.6 -1.7 Total excluding Fish (12) 8.7 9.2 3.2 2.4 1.5 1.3 0.8 2.2 1.8 1.7 1.8 1.7 1.4 1.4 1.7 1.3 1.0 0.9 1.1 0.5 0.7 0.7 0.6 1.8 2.3 2.4 2.6 2.8 3.2 3.1 Total excluding Food & nonalcoholic beverages1/ (13) na na 1.8 2.9 1.6 1.4 1.0 2.1 2.3 1.5 1.5 1.6 1.3 1.2 1.7 1.3 1.2 0.8 1.6 1.2 1.2 1.2 1.2 1.6 1.9 2.1 1.8 2.0 2.4 2.4 The CPI Index for "Food" & "Total excluding Food & non-alcoholic beverages" is compiled starting from June 2012 onwards. Note: Annual data refers to twelve month average, monthly data refers to end of period. Monthly Statistics - May 2017 (with tourism data) | 14
  18. Real Sector Table 5 .5 Consumer Price Index - Atolls, 2012 - 2017 ¹⁄ All items Base Weight 2014 2015 2016 2015 May-15 Jun-15 Jul-15 Aug-15 Sep-15 2016 Oct-15 Nov-15 Dec-15 Jan-16 Feb-16 Mar-16 Apr-16 May-16 Jun-16 Jul-16 Aug-16 Sep-16 2017 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 o/w Food (1) 100.00 (2) 32.41 o/w Fish (ND) (3) (4) 29.97 9.50 Housing, water, Furnishing, electricity, gas household & other fuel equipment & routine maintenance of the house Health Transport Communications Education Restaurants & hotels Total excluding Fish Total excluding Food & nonalcoholic beverages (5) (6) (7) (8) (9) (10) (11) (12) (13) 14.77 9.86 7.19 5.79 4.58 1.94 2.11 100.85 103.03 100.78 104.92 100.72 105.09 100.61 104.86 100.70 102.68 99.43 97.34 105.75 110.84 100.43 102.00 100.20 99.98 101.16 110.76 105.60 113.60 100.88 102.83 101.03 102.12 105.48 106.15 105.93 107.05 105.95 107.18 105.42 106.80 104.16 104.20 96.24 97.50 120.29 122.86 100.21 99.54 104.50 104.50 122.87 122.87 112.92 112.92 105.49 106.08 105.27 105.72 104.92 105.54 105.80 105.90 106.08 106.15 105.99 106.06 105.52 105.20 105.61 104.86 104.35 104.43 104.78 105.05 105.17 105.37 108.28 108.02 108.42 109.07 109.62 110.75 110.69 Source: National Bureau of Statistics 1/ o/w Food & non-alcoholic beverages Period 2012 2013 (June 2012 = 100) 105.48 105.79 107.56 105.94 106.64 106.99 106.45 107.09 105.51 104.65 107.26 104.70 104.22 104.87 105.87 105.61 105.54 106.61 114.38 113.13 113.90 114.86 115.97 116.06 115.99 105.61 105.85 107.79 105.97 106.76 107.13 106.58 107.27 105.57 104.65 107.48 104.71 104.18 104.87 105.97 105.68 105.62 106.78 115.15 113.80 114.64 115.66 116.85 116.80 116.68 105.99 105.36 105.96 104.12 105.42 104.48 102.60 107.24 104.19 102.62 112.36 105.23 104.01 106.56 107.75 106.35 104.56 106.10 106.23 104.19 105.57 108.52 113.13 114.80 114.71 The CPI Index for Atolls is compiled starting from June 2012 onwards. 106.07 104.27 101.03 104.22 104.09 104.10 104.13 104.07 104.06 104.11 101.20 101.03 100.31 100.14 100.14 100.24 100.77 100.76 98.02 98.06 97.96 97.84 97.59 97.31 97.29 97.63 97.74 96.75 96.29 97.47 98.43 98.89 99.30 100.84 101.00 101.87 99.95 100.01 100.24 103.48 100.90 103.18 103.56 103.61 Note: Annual data refers to twelve month average, monthly data refers to end of period. 15 | Monthly Statistics - May 2017 (with tourism data) 97.45 97.90 98.33 100.12 101.08 101.08 119.54 122.09 124.71 122.88 123.72 123.76 123.98 123.99 123.79 124.01 124.01 124.53 124.79 124.87 124.90 124.90 125.21 124.80 124.78 124.83 124.84 124.11 124.03 124.00 124.01 103.68 99.66 96.82 99.73 99.53 99.27 99.10 99.14 99.27 98.23 97.75 97.51 97.51 95.89 94.73 94.68 94.68 94.68 97.00 99.61 99.61 100.29 100.29 100.29 100.05 103.22 104.57 103.53 104.50 104.72 104.65 104.65 104.65 104.65 104.65 104.67 104.67 104.67 103.99 103.34 103.34 103.34 102.18 102.50 102.50 102.50 102.50 102.50 102.50 102.50 109.19 121.33 123.82 122.87 122.87 122.87 122.87 122.87 122.87 122.87 122.87 124.09 124.00 124.00 124.00 124.00 124.00 124.00 124.00 124.00 124.00 133.24 133.24 133.24 133.24 114.44 113.16 115.68 112.98 112.96 112.95 112.95 112.95 112.95 113.59 113.59 113.66 113.66 113.66 113.66 113.59 113.57 113.75 121.80 121.80 121.80 121.80 121.66 121.64 121.64 104.81 105.56 105.78 106.08 106.15 106.33 106.35 105.93 105.66 105.47 104.90 104.82 104.39 104.20 104.47 104.91 105.24 105.30 108.50 108.42 108.72 109.13 109.25 110.32 110.27 104.65 105.42 104.95 105.88 105.82 105.75 105.77 105.56 105.53 105.46 104.82 104.93 104.42 104.21 104.26 104.78 105.00 104.78 105.36 105.57 105.80 106.30 106.58 108.20 108.15
  19. Real Sector Table 5 .6 Inflation - Atolls, 2013 - 2017 ¹⁄ (June 2012 = 100) All items Period 2014 2015 2016 2015 2.2 May-15 Jun-15 Jul-15 Aug-15 Sep-15 2016 Oct-15 Nov-15 Dec-15 Jan-16 Feb-16 Mar-16 2017 1.8 0.6 0.2 0.3 1.2 -1.8 1.3 1.7 -5.7 1.2 -1.3 -1.9 -2.1 -2.0 -0.5 5.7 -2.3 -0.1 1.1 0.9 1.8 0.2 0.9 1.9 0.2 -0.8 -0.9 -0.7 -0.3 -1.0 -0.4 -0.3 -1.1 -0.3 3.7 3.8 5.6 6.1 7.4 5.6 7.9 9.8 8.1 10.8 11.3 2.0 3.3 -1.7 -3.1 0.4 3.0 -0.1 2.2 1.9 2.7 4.2 (5) 1.1 -0.6 0.6 0.1 1.2 -0.3 -1.0 -1.1 (4) Housing, water, Furnishing, electricity, gas household & other fuel equipment & routine maintenance of the house 0.5 0.2 1.8 0.4 2.8 -0.1 Source: National Bureau of Statistics 1/ 0.5 0.3 1.7 4.3 0.8 1.0 0.0 1.0 1.2 0.6 Oct-16 Nov-16 Dec-16 Apr-17 4.1 (3) -1.6 1.3 1.6 -0.9 -1.0 -1.3 Jan-17 Feb-17 Mar-17 (2) o/w Fish (ND) 0.3 1.0 0.9 Apr-16 May-16 Jun-16 Jul-16 Aug-16 Sep-16 o/w Food & non-alcoholic beverages o/w Food (1) 2013 y/y % change in CPI -0.3 -1.0 -1.1 8.0 6.1 8.6 10.5 8.7 11.5 12.0 0.3 0.2 -3.5 1.2 -1.9 -2.8 1.1 0.9 2.1 -0.8 1.6 3.5 -2.8 1.3 5.7 0.7 9.1 10.3 (6) -2.1 0.1 0.5 0.4 -2.0 -2.0 -1.4 1.5 -1.5 -1.6 -1.6 -0.1 -0.3 -0.2 -0.8 -3.5 -3.0 -3.7 -3.9 -3.9 -3.8 -3.2 -3.2 -3.2 -2.9 -2.1 -0.9 2.3 2.6 3.2 2.0 0.1 -0.1 -0.7 -1.2 -1.0 -2.0 0.1 -0.0 0.4 0.8 1.4 2.2 2.5 3.0 2.9 3.5 3.4 4.3 Health (7) 4.8 Transport (8) 1.6 7.9 2.1 2.1 1.7 -3.9 -2.8 2.7 3.3 3.0 -4.6 -4.8 -4.7 0.5 2.7 4.3 4.3 4.1 4.4 3.1 3.5 3.7 3.8 1.7 1.6 1.2 0.8 0.6 0.7 0.8 0.1 0.0 -0.4 -0.6 -3.7 -4.4 -3.2 -3.3 -2.9 -1.1 -1.5 -2.8 Communications (9) -0.2 7.6 0.7 -1.1 2.2 -0.2 0.1 -0.0 13.8 13.8 13.8 -1.3 -1.4 -1.5 -0.3 -0.3 -0.0 -0.0 -0.0 0.1 0.1 0.3 -2.1 0.5 0.3 -2.1 -2.1 -2.1 2.6 9.5 (11) -1.4 11.1 2.1 0.2 -0.5 -1.1 2.1 2.6 2.9 (10) Restaurants & hotels 3.2 1.3 -1.0 -3.7 -4.3 -4.8 -5.1 -4.9 -4.6 Education -1.1 -1.3 -2.4 -2.1 -2.1 -2.1 -2.1 10.9 13.8 13.8 13.8 13.8 8.1 8.1 1.0 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 8.4 8.4 7.4 7.4 -1.3 -1.4 -1.2 -1.2 -1.2 -0.7 -0.7 0.9 Total excluding Fish (12) 1.9 Total excluding Food & nonalcoholic beverages (13) 1.1 1.9 0.7 0.2 2.5 0.7 -0.4 0.9 0.9 1.1 1.2 0.8 0.5 0.3 1.3 1.5 1.2 0.9 0.9 0.4 0.3 0.4 1.2 1.0 0.8 0.8 0.9 0.1 0.0 0.7 0.7 0.7 -0.7 -1.2 -1.5 -1.2 -1.0 -1.4 7.8 7.8 7.8 2.0 2.3 2.9 -0.4 0.0 0.3 0.5 0.5 0.7 7.2 7.1 7.0 7.0 -1.1 -0.9 -1.0 3.5 4.1 5.3 5.6 -1.0 -0.8 -0.9 0.8 1.7 3.1 3.6 The CPI Index for Atolls is compiled starting from June 2012 onwards. Note: Annual data refers to twelve month average, monthly data refers to end of period. Monthly Statistics - May 2017 (with tourism data) | 16
  20. Fiscal Sector Table 6 .1 Summary of Central Government Finance, 2011 - 2017 ¹⁄ Total revenue & grants Period (2+3+4) (1) 2011 2012 2013 2014 2015 2016 2017 3/ 3/ 3/ 2014 2015 2016 2017 3/ 3/ 3/ Grants (2) (3) (4) Total expenditure & net lending (6+7+8) (5) Current Capital expenditure expenditure (6) Net lending Deficit / Surplus Overall balance 2/ (7) (8) (1-5) (9) In % of GDP (10) Primary balance (11) 8,637.7 9,723.4 11,515.0 534.5 48.1 268.1 732.4 366.7 117.7 12,264.7 13,110.0 13,530.8 9,075.7 10,316.5 11,573.2 3,588.0 2,883.7 2,093.0 -399.0 -90.2 -135.5 -2,360.2 -2,971.9 -1,765.5 -6.6 -7.7 -4.1 -1,634.4 -1,864.8 -808.8 21,905.7 20,328.2 701.9 875.6 22,236.5 13,574.7 8,634.7 27.0 -303.7 -0.5 1,107.6 15,164.2 17,306.2 18,152.6 (16) 2011 2012 2013 Capital revenue 9,904.6 10,138.1 11,900.7 Revenue & grants Period Current revenue (Millions of MVR) 14,874.8 16,549.0 16,887.7 124.1 120.3 786.0 165.3 636.9 478.9 Current revenue Capital revenue Grants (17) (18) (19) 16,417.2 21,336.9 22,435.0 13,960.0 16,733.7 15,312.4 2,579.4 4,707.2 7,144.3 Expenditure & Current Capital net lending expenditure expenditure (20) (21) (22) -122.2 -104.0 -21.7 Net lending (24) 44.7 -25.9 40.6 982.9 -91.0 457.7 373.9 -49.9 -67.9 13.4 6.9 3.2 7.7 13.7 12.2 39.7 -19.6 -27.4 -120.1 77.4 -50.2 20.7 20.4 -10.7 82.8 -0.9 -11.3 20.9 224.4 -53.7 -3.1 553.5 40.5 285.4 -24.8 21.3 30.0 5.1 20.6 19.9 -8.5 23.2 82.5 51.8 9.8 14.9 79.1 -396.8 -2,787.0 -2,645.9 Deficit / Surplus Overall balance (23) 36.2 12.6 18.4 29.2 11.3 2.0 -2.9 -7.8 -7.4 y/y % change 51.3 2.4 17.4 27.4 14.1 4.9 -1,375.1 -4,134.7 -4,304.1 22.1 -200.7 -4.1 92.9 Primary balance (25) 54.5 -14.1 56.6 50.9 -602.4 5.1 141.9 Current balance (2-6) (12) 2/ 3/ Format based on IMF Government Finance Statistics Manual (GFSM 1986). 2,360.2 2,971.9 1,765.5 6,753.5 303.7 914.9 -184.8 1,575.3 Current balance (26) 79.0 -35.4 90.2 {...} -120.2 952.6 328.7 Overall balance from 2013 to 2017 are calculated excluding Net lending. Figures for 2015 are revised actuals and figures for 2016 are revised estimates. Figures for 2017 represent the budget approved by the parliament during November 2016. 17 | Monthly Statistics - May 2017 (with tourism data) (14+15) (13) -438.1 -593.1 -58.2 Source: Ministry of Finance & Treasury and National Bureau of Statistics 1/ Financing 1,375.1 4,134.7 4,304.1 Financing (27) -44.7 25.9 -40.6 -22.1 200.7 4.1 -92.9 Foreign financing (14) Domestic financing (15) 968.0 772.2 472.6 1,392.1 2,199.7 1,293.0 1,784.7 -1,481.0 -370.6 -297.8 -106.9 Foreign financing (28) -21.2 -20.2 -38.8 -178.4 19.7 64.1 {...} 1,745.8 4,432.5 4,411.0 Domestic financing (29) -54.2 58.0 -41.2 35.0 153.9 -0.5 -133.6