THE IMPORTANCE OF AIR TRANSPORT TO THE MALDIVES
The air transport sector makes a major contribution to the Maldives’s economy There are different ways of measuring air transport’s impact on an economy. We look at three: the jobs and spending generated by airlines and their supply chain, the flows of trade, tourism and investment resulting from users of all airlines serving the country, and the city pair connections that make these flows possible. All provide a different but illuminating perspective on the importance of air transport.
DIRECT SUPPLY EMPLOYEE TOURISM 73,000 CHAIN SPENDING SUPPORTED BY THE JOAIR TRANSPORTBS SECTOR
$3.1 GROSS VALUE ADDED BILCONTRIBUTIONLION TO GDP 5,000 1,000 1,000 67,000 JOBS JOBS JOBS JOBS
58.8% SUPPORTED BY AIR TRANSPORTGDP & FOREIGN TOURISTS ARRIVING US $139 m US $11 m US $15 m US $3 bn BY AIR Source: Oxford Economics 1 GROSS VALUE ADDED
The air transport sector consumer goods and services. Maldives. Spending by foreign supports... Foreign tourists arriving by air to tourists supports a further US $3 the Maldives, who spend their billion of the country’s GDP, Airlines, airport operators, airport money in the local economy, totaling US $3.1 billion. In total, on-site enterprises (restaurants are estimated to support an 58.8 percent of the country’s and retail), and air navigation additional 67,000 jobs. In total GDP is supported by inputs to the service providers employ 73,000 jobs are supported by air air transport sector and foreign 5,000 people in the Maldives. In transport and tourists arriving by tourists arriving by air. addition, by buying goods and air. services from local suppliers the sector supported another 1,000 ...and spending jobs. On top of this, the sector is estimated to support a further The air transport industry, 1,000 jobs through the wages it including airlines and its supply For forecasts of the industry’s pays its employees, some or all of chain, are estimated to support GDP and jobs contribution over which are subsequently spent on US $165 million of GDP in the the next 20 years see page 4 The importance of air transport to the Maldives | 2
Air transport facilitates flows of goods, investment and people