Republic of Maldives, is an archipelagic country in the Indian subcontinent of Asia, situated in the Indian Ocean. It lies southwest of Sri Lanka and India, about 750 kilometres from the Asian continent's mainland. The chain of 26 atolls stretches from Ihavandhippolhu Atoll in the north to Addu Atoll in the south (across the Equator). Comprising a territory spanning roughly 90,000 square kilometres (35,000 sq mi) including the sea, land area of all the islands comprises 298 square kilometres (115 sq mi)
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Economy:
In ancient times the Maldives were renowned for cowries, coir rope, dried tuna fish, ambergris (maavaharu) and coco de mer (tavakkaashi). Local and foreign trading ships used to load these products in the Maldives and bring them abroad. Nowadays, the mixed economy of the Maldives is based on the principal activities of tourism, fishing and shipping. Tourism is the largest industry in the Maldives, accounting for 28% of GDP and more than 60% of the Maldives' foreign exchange receipts
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maldives
