[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-109275-en":3,"doc-seo-109275-105":31,"detail-sidebar-cat-0-en-105":93},{"code":4,"msg":5,"data":6},0,"success",{"doc_id":7,"user_id":8,"nickname":9,"user_avatar":10,"doc_module":4,"category_id":11,"category_name":12,"doc_title":13,"doc_description":14,"doc_content":15,"file_id":16,"file_url":17,"file_type":18,"file_size":19,"view_count":20,"is_deleted":4,"is_public":21,"is_downloadable":21,"audit_status":21,"page_count":22,"language":23,"language_code":24,"site_id":25,"html_lang":24,"table_of_contents":26,"faqs":27,"seo_title":28,"seo_description":14,"update_tm":29,"read_time":30},109275,1649267921044,"Ava Thompson","https://us-avatar.wpscdn.com/avatar/1800007509477c92dfb?_k=1782875107921204101",8,"Research & Report","Maldives Country Climate and Development Report - Executive Summary - June 2024","Maldives’ development achievements face rising economic headwinds despite major progress in income, poverty reduction, and human capital. Large infrastructure-led public spending has increased debt to about 123% of GDP in 2023, raising fiscal and external risks with limited buffers. Tourism and fisheries remain closely tied to natural capital, especially coral ecosystems that underpin climate resilience. Climate change is expected to generate unprecedented economic impacts, threatening growth and the financing of reconstruction and climate adaptation investments.","Pub lic Disclosure Authorized Pub lic Disclosure Authorized Pub lic Disclosure Authorized Pub lic Disclosure Authorized  \nSOUTH ASIA  \nMALDIVES  \nWorld Bank Group  \n Executive Summary  June 2024  \n© 2024 The World Bank Group  \n1818 H Street NW, Washington, DC 20433  \nTelephone: 202-473-1000; [Internet: www.worldbank.org](Internet: www.worldbank.org)  \nThis work is a product of the staff of the International Bank for Reconstruction and Development (IBRD), the International Development Association (IDA), the International Finance Corporation (IFC), and the Multilateral Investment Guarantee Agency (MIGA), collectively known as The World Bank, with external contributors.  \nThe World Bank does not guarantee the accuracy, reliability, or completeness of the content included in this work, or the conclusions or judgments described herein, and accepts no responsibility or liability for any omissions or errors (including, without limitation, typographical errors, and technical errors) in the content whatsoever or for reliance thereon. The boundaries, colors, denominations, links/footnotes, and other information shown in this work do not imply any judgment on the part of any of the organizations of The World Bank concerning the legal status of any territory or the endorsement or acceptance of such boundaries. The citation of works authored by others does not mean The World Bank endorses the views expressed by those authors or the content of their works. The findings, interpretations, and conclusions expressed in this volume do not necessarily reflect the views of IBRD/IDA, IFC and MIGA, their respective Boards of Executive Directors, and the governments they represent.  \nThe contents of this work are intended for general informational purposes only and are not intended to constitute legal, securities, or investment advice, an opinion regarding the appropriateness of any investment, or a solicitation of any type. Some of the organizations of The World Bank or their affiliates may have an investment in, provide other advice or services to, or otherwise have a financial interest in, certain of the companies and parties named herein.  \nNothing herein shall constitute or be construed or considered to be a limitation upon or waiver of the privileges and immunities of any of IBRD/IDA, IFC and MIGA, all of which are specifically reserved.  \nRights and Permissions  \nThe material in this work is subject to copyright. Because The World Bank Group encourages dissemination of its knowledge, this work may be reproduced, in whole or in part, for noncommercial purposes as long as full attribution to this work is given and all further permissions that may be required for such use (as noted herein) are acquired. The World Bank Group does not warrant that the content contained in this work will not infringe on the rights of third parties, and accepts no responsibility or liability in this regard. All queries on rights and licenses should be addressed to World Bank Publications, The World Bank Group, 1818 H Street NW, Washington, DC 20433, USA; e-mail: [pubrights@worldbank.org](pubrights@worldbank.org).  \nExecutive Summary  \nMaldives’development success is facing headwinds  \nMaldives has achieved remarkable economic success in the last couple of decades. In 2023, the country achieved the highest gross domestic product (GDP) per capita in South Asia and human capital (health and education) indicators that are on par with high-income economies. Since the early 2000s, Maldives has doubled its real income per capita, transitioned from low-to middle-income status, and substantially reduced poverty. Human capital has also seen marked progress. Life expectancy more than doubled from 1960 to 2020, child and maternal mortality decreased drastically, and educational attainment significantly increased. The government has made infrastructure investment a priority, with construction of over 200 artificial harbors since 2002, six major seaports/terminals, 17 airports, an","cbCaivJtjkjts06m","https://ap.wps.com/l/cbCaivJtjkjts06m","pdf",418389,5,1,9,"English","en",105,"# Executive Summary\n## Maldives’development success is facing headwinds\n## Climate change will have unprecedented impacts on the economy","[{\"question\":\"What development progress has Maldives achieved in the past decades?\",\"answer\":\"Maldives has improved income levels, doubled real income per capita, reduced poverty, and strengthened human capital through advances in health and education outcomes.\"},{\"question\":\"Why is Maldives’ debt situation a growing concern?\",\"answer\":\"Infrastructure-driven public spending increased the debt stock, with public debt rising to an estimated 123% of GDP in 2023 and limited fiscal or external buffers raising debt distress risks.\"},{\"question\":\"How are tourism and fisheries linked to Maldives’ climate resilience?\",\"answer\":\"Tourism and fisheries depend heavily on natural capital. Coral ecosystems support beaches and marine life, which are central to climate resilience and the sustainability of these sectors.\"}]","Maldives Country Climate and Development Report - Executive Summary - June 2024 | PDF",1784478316,23,{"code":4,"msg":32,"data":33},"ok",{"site_id":25,"language":24,"slug":34,"title":13,"keywords":35,"description":14,"schema_data":36,"social_meta":88,"head_meta":90,"extra_data":92,"updated_unix":29},"maldives-country-climate-and-development-report-executive-summary-june-2024","",{"@graph":37,"@context":87},[38,55,70],{"@type":39,"itemListElement":40},"BreadcrumbList",[41,45,49,52],{"item":42,"name":43,"@type":44,"position":21},"https://docshare.wps.com","Home","ListItem",{"item":46,"name":47,"@type":44,"position":48},"https://docshare.wps.com/document/","Document",2,{"item":50,"name":12,"@type":44,"position":51},"https://docshare.wps.com/document/research-report/",3,{"item":53,"name":13,"@type":44,"position":54},"https://docshare.wps.com/document/maldives-country-climate-and-development-report-executive-summary-june-2024/109275/",4,{"url":53,"name":13,"@type":56,"author":57,"headline":13,"publisher":59,"fileFormat":62,"inLanguage":24,"description":14,"dateModified":63,"datePublished":64,"encodingFormat":62,"isAccessibleForFree":65,"interactionStatistic":66},"DigitalDocument",{"name":9,"@type":58},"Person",{"url":42,"name":60,"@type":61},"DocShare","Organization","application/pdf","2026-07-30","2026-07-19",true,{"@type":67,"interactionType":68,"userInteractionCount":20},"InteractionCounter",{"@type":69},"ViewAction",{"@type":71,"mainEntity":72},"FAQPage",[73,79,83],{"name":74,"@type":75,"acceptedAnswer":76},"What development progress has Maldives achieved in the past decades?","Question",{"text":77,"@type":78},"Maldives has improved income levels, doubled real income per capita, reduced poverty, and strengthened human capital through advances in health and education outcomes.","Answer",{"name":80,"@type":75,"acceptedAnswer":81},"Why is Maldives’ debt situation a growing concern?",{"text":82,"@type":78},"Infrastructure-driven public spending increased the debt stock, with public debt rising to an estimated 123% of GDP in 2023 and limited fiscal or external buffers raising debt distress risks.",{"name":84,"@type":75,"acceptedAnswer":85},"How are tourism and fisheries linked to Maldives’ climate resilience?",{"text":86,"@type":78},"Tourism and fisheries depend heavily on natural capital. Coral ecosystems support beaches and marine life, which are central to climate resilience and the sustainability of these sectors.","https://schema.org",{"og:url":53,"og:type":89,"og:title":13,"og:site_name":60,"og:description":14},"article",{"robots":91,"canonical":53},"index,follow",{"doc_id":7,"site_id":25},{"code":4,"msg":5,"data":94},[95,99,103,107,111,116,121,124,128,131,135],{"id":21,"doc_module":4,"doc_module_name":47,"category_name":96,"show_sort_weight":97,"slug":98},"Story & Novel",90,"story-novel",{"id":48,"doc_module":4,"doc_module_name":47,"category_name":100,"show_sort_weight":101,"slug":102},"Literature",80,"literature",{"id":54,"doc_module":4,"doc_module_name":47,"category_name":104,"show_sort_weight":105,"slug":106},"Exam",70,"exam",{"id":20,"doc_module":4,"doc_module_name":47,"category_name":108,"show_sort_weight":109,"slug":110},"Comic",60,"comic",{"id":112,"doc_module":4,"doc_module_name":47,"category_name":113,"show_sort_weight":114,"slug":115},6,"Technology",50,"technology",{"id":117,"doc_module":4,"doc_module_name":47,"category_name":118,"show_sort_weight":119,"slug":120},7,"Healthcare",40,"healthcare",{"id":11,"doc_module":4,"doc_module_name":47,"category_name":12,"show_sort_weight":122,"slug":123},30,"research-report",{"id":22,"doc_module":4,"doc_module_name":47,"category_name":125,"show_sort_weight":126,"slug":127},"Religion & Spirituality",20,"religion-spirituality",{"id":126,"doc_module":4,"doc_module_name":47,"category_name":129,"show_sort_weight":126,"slug":130},"World Cup","world-cup",{"id":132,"doc_module":4,"doc_module_name":47,"category_name":133,"show_sort_weight":132,"slug":134},10,"Lifestyle","lifestyle",{"id":136,"doc_module":4,"doc_module_name":47,"category_name":137,"show_sort_weight":20,"slug":138},19,"General","general"]