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Maldives Insightsas of Oct 2026
Population size
530 K People
Urbanization rate
44.5%
Population growth
0.8%
Median age
28 years
Household size
4.8 People
Education level
60 percent
GDP
8,220,000,000 USD
GDP per capita
19,680 USD
Inflation rate
4.6 %
Unemployment rate
5 %
Cost of living index
60 index
Income inequality (Gini)
30 index
Retail sales volume
1,200,000,000 USD
Retail sales per capita
2,256 USD
Disposable income per capita
15,000 USD
Spending by category - apparel
500 USD
Spending by category - groceries
2,000 USD
Spending by category - electronics
300 USD
Number of retail outlets
800 outlets
Major national retail chains
Villa Retail, State Trading Organization chains
Retail market fragmentation
High level
Presence of global brands
Limited level
Dominant retail formats
Small shops, supermarkets formats
Average commercial rent
50 USD/sqm/month
Property transaction volume
1,200 transactions/year
Ease of doing business index
60 score/100
Business permit process time
7 days
Zoning constraints
High level
E-commerce delivery infrastructure
Moderate level
Road density
59.5 km
Public transport penetration
70 %
Commute patterns
Short boat/ferry trips patterns
Vehicle ownership per capita
0.2 vehicles/person
E-commerce share of retail
8 %
Click-and-collect adoption
Low level
Internet penetration
88 %
Mobile commerce usage
70 %
Retail tech startups
10 startups
Retail-related crime rate
1 percent
Shoplifting incidents
150 incidents/year
Consumer protection score
70 score/100
Business compliance risk
Medium level
Annual tourist arrivals
2,200,000 arrivals
Tourist retail spending
200 USD/tourist
Airport traffic
2,200,000 passengers/year
Duty-free sales trends
Growing trend
Projected retail market growth rate
6 %
Urban expansion zones
Hulhumale zones
Emerging retail hubs
Hulhumale, Addu City hubs
Major upcoming national mall or retail projects
Hulhumale mall developments projects
Retail Destinations in Maldives
Browse 0 retail destinations across Maldives. Explore retail leasing opportunities, demographics, and market analytics for each location on Occupi.
Maldives at a Glance
- Total Properties0
- Cities0
