The mixed economy of the Maldives is based on the principal activities of tourism, fishing and shipping.
Male is the capital and largest city (in terms of population) in the Republic of Maldives. The central part of the Male city is formed by Male Island. Three more islands are part of the city. Slightly less than one third of the nation’s population lives in the capital city. Many, if not most, Maldivians and foreign workers in Maldives find themselves in occasional short term residence on the island since it is the only entry point to the nation and the centre of all administration and bureaucracy.
Male has an overall cost of living index which equates it with middle cost of living locations. The overall cost of living index is comprised of the prices for defined quantities of the same goods and services across all 13 Basket Groups.
The latest cost of living rank for each of the 13 Basket Groups is now available.