Economic Reefs
Stretching across the seascape, seven magnificent corals branch out in intricate patterns, each formation a testament to the Maldives' flourishing tourism sector from 2017 to 2023. Their varying lengths serve as natural gauges of travel receipts, while above them, like a celestial reef crown, hovers the GDP percentage—a powerful indicator of tourism's vital contribution to the nation's economic vitality.
How to read the visualization
The seven coral formations represent travel receipts from 2017 to 2023, with their heights scaling from 0 to $4.50B
on the vertical axis. Each coral's growth corresponds to the total reciepts for that year, creating an intuitive timeline
where taller corals indicate higher receipts.
Above the corals, iridescent bubbles float upward, their groupings revealing tourism's contribution to GDP:
from 21.5-22.2% at the highest level,
to 19.9-21.4% in the middle,
and 11.3% at the bottom.
The visualization reveals a compelling story of the Maldives' tourism economy, with travel receipts showing remarkable growth from USD 2.7 billion in 2017 to a peak of USD 4.5 billion in 2022. The dramatic dip in 2020 to USD 1.4 billion mirrors the global tourism standstill, but the sector's resilience shines through in its swift recovery, more than tripling by 2022.
Tourism's contribution to GDP has remained consistently significant, typically accounting for around one-fifth of the nation's economy, though it briefly contracted to 11.3% in 2020.