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epresentation in US: Maldives has no embassy in the US, but does have a UN mission in New York; Permanent Representative to the UN Ahmed ZAKI US diplomatic representation: chief of mission: the US Ambassador to Sri Lanka is accredited to Maldives and makes periodic visits there consular agency: Midhath Hilmy, Male telephone: 2581 Flag: red with a large green rectangle in the center bearing a vertical white crescent; the closed side of the crescent is on the hoist side of the flag @Maldives, Economy Overview: The economy is based on fishing, tourism, and shipping. Agriculture is limited to the production of a few subsistence crops that provide only 10% of food requirements. Fishing is the largest industry, employing 25% of the work force and accounting for over 60% of exports; it is also an important source of government revenue. During the 1980s tourism became one of the most important and highest growth sectors of the economy. In 1988 industry accounted for about 5% of GDP. Real GDP is officially estimated to have increased by about 10% annually during the period 1974-90. National product: GDP - exchange rate conversion - $140 million (1991 est.) National product real growth rate: 6% (1993 est.) National product per capita: $620 (1991 est.) Inflation rate (consumer prices): 15% (1993 est.) Unemployment rate: NEGL% Budget: revenues: $95 million (excluding foreign transfers) expenditures: $143 million, including capital expenditures of $71 million (1993 est.) Exports: $56.3 million (f.o.b., 1993 est.) commodities: fish, clothing partners: US, UK, Sri Lanka Imports: $173.6 million (c.i.f., 1993 est.) commodities: consumer goods, intermediate and capital goods, petroleum products partners: Singapore, Germany, Sri Lanka, India External debt: $148 million (1993 est.) Industrial production: growth rate 24% (1990); accounts for 6% of GDP Electricity: capacity: 5,000 kW production: 11 million kWh consumption per capita: 50 kWh (1990) Industries: fishing and fish processing, tourism, shipping, boat building, some coconut processing, garments, woven mats, coir (rope), handicrafts Agriculture: accounts for almost 25% of GDP (including fishing); fishing more important than farming; limited production of coconuts, corn, sweet potatoes; most staple foods must be imported; fish catch of 67,000 tons (1990 est.)
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