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World Bank Projects Maldives’ GDP to Grow by 17.1% Thanks to Tourism

Maldives kayaking
According to a new report, the World Bank projects Maldives’ GDP to grow by 17.1% in 2021 and 11.5% in 2022 thanks to tourism.

The World Bank projects Maldives’ GDP to grow by 17.1% in 2021 and 11.5% in 2022 thanks to tourism. According to a report by the World Bank, the Maldives’ strong repute among high-income and high-profile travellers aided the country chart a steady recovery.

In the Maldives’ medium-term outlook, World Bank says International media coverage of the tropical holiday destination reopening to tourism and successful marketing campaigns boosted the Maldives’ global image. Hence, the country attracted travellers from new markets such as Eastern Europe and Central Asia.

Additionally, the ongoing rollout of COVID-19 vaccines in the country further increases travellers’ confidence in the Maldives as a safe destination according to World Bank. Because of these reasons, demand for travel to the Maldives likely will remain high over the medium term.

Despite the positive outlook, World Bank states that Maldives’ recovery from the pandemic also depends on the uncertain recovery of global tourism and aviation industries. As the industry suffered immeasurable losses in 2020, tourism and aviation aren’t predicted to recover to the pre-pandemic levels until 2023 (or beyond).

Also read: Average Duration of Tourists’ Stay in the Maldives Increases

Currently, the World Bank projects that the Maldives will only reach its pre-pandemic levels of tourism and output in 2023.

Maldives is on track to receive an estimated one million tourists in 2021, about 60 percent of the 2019 record of 1.7 million tourists. This is a much more conservative estimate than the government’s current target of 1.5 million tourists.

The World Bank report stated.

However, if global travel restrictions were to be lifted sooner from major markets such as China, United Kingdom, and Italy, World Bank calculates the Maldives’ GDP could pick up strong in 2021.

According to the statistics, Maldives recorded 385,838 tourist arrivals by 29th April 2021. Furthermore, tourists spent an average of 9 days in the tropical holiday destination. Moreover, daily tourists arrivals continue to average above 3000.

Feature image by Kanuhura Maldives
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Lily Beach Resort & Spa Nominated for Prestigious World Travel Awards 2025

Lily Beach Resort & Spa Nominated for Prestigious World Travel Awards 2025

Lily Beach Resort & Spa, located in the Maldives, proudly announces its nominations for three prestigious honors at the 2025 World Travel Awards. Specifically, the resort has earned recognition in the categories of Indian Ocean’s Leading Family Resort 2025, Maldives’ Leading All-Inclusive Resort 2025, and Maldives’ Leading Family Resort 2025. These nominations celebrate Lily Beach for its unwavering commitment to exceptional service, top-tier luxury, and family-friendly offerings, making it one of the top destinations in the Maldives.

The Platinum Plan: A Premier All-Inclusive Experience

One of the resort’s most notable features is its renowned Platinum Plan, which stands as one of the most comprehensive all-inclusive packages in the region. This plan offers a variety of premium dining options, top-shelf beverages, exciting excursions, and a wide range of water activities. As a result, guests can enjoy a carefree and indulgent experience, with the Platinum Plan providing both variety and value. Consequently, it sets a benchmark for luxury all-inclusive offerings in the Maldives.

Family-Friendly Accommodations and Activities

For families, Lily Beach provides the ideal getaway, offering a perfect balance of togetherness and privacy. The resort features spacious multi-bedroom accommodations, such as the Beach Residence and Beach Family Villa, which allow families to stay close while still enjoying personal space. Furthermore, the Turtles Kids’ Club provides a fun-filled environment with supervised activities, while adults can unwind in adults-only spaces, such as AQVA, the overwater bar and restaurant. In addition to this, the resort offers a gym and tennis court, giving guests plenty of opportunities to stay active and enjoy family-friendly recreation.

Exquisite Dining with a View

Dining at Lily Beach is also an experience in itself. Guests can indulge in everything from international buffet selections at Lily Maa to Asian fusion cuisine at the overwater Tamarind restaurant. Not only do the diverse dining options cater to a wide range of tastes, but the spectacular ocean views and the warm hospitality of the Maldivian staff also contribute to an unforgettable culinary journey.

Wellness and Relaxation at Tamara Spa

Moreover, for those seeking rest and rejuvenation, the Tamara Spa offers a peaceful sanctuary with a variety of healing treatments. Set over the water, the spa provides an ideal setting for guests to unwind with restorative massages. Additionally, Lily Beach’s Wellness Week with Ali Young, taking place this November, offers a unique opportunity for guests to engage in a transformative wellness retreat. This seven-day program blends ancient sound healing techniques with the Maldives’ tranquil environment, helping guests rejuvenate both body and mind.

A Commitment to Excellence and Luxury

These nominations reflect Lily Beach’s consistent dedication to excellence, further cementing its reputation as a premier destination for families, couples, and luxury travelers. Whether it’s indulgence, adventure, or relaxation, the resort offers something for everyone, and these nominations only highlight its exceptional offerings.

Voting for the 2025 World Travel Awards is now open, and Lily Beach Resort & Spa invites its guests and supporters to cast their votes and help secure these well-deserved accolades. Click here to vote

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