Pestel Analysis of Maldives Essay

Words: 969
Pages: 4

Land area of 298 sq km and is made up of 1,192 islands is situated in the Indian Ocean. Forecasts of Maldives' inundation are a great concern for the Maldivian people. The official language is Dhivehi while English is commonly used in trade and commerce.
Political Structure:
Maldives is a presidential representative democratic republic. The President is the Head of Government and executive power is exercised by the government. The President is directly elected by the people to a five-year term by a secret ballot and can be re-elected for a second term. The parliament is unicameral in nature and called the Majlis of the Maldives which is composed of 77 members serving a five-year term. Local Government is devolved to an
…show more content…
Licensing requirements are time-consuming and the labor market is underdeveloped * The trade-weighted average tariff rate is prohibitively high at 20.6 percent, and non-tariff barriers add further to the cost of trade
Social Analysis: * With a population of 394,451 it is the smallest country in Asia * Islam is the official religion and open practice of other religions is forbidden and liable to prosecution * Growing number of Maldivians are questioning their faith and express discontent via the internet * The median age is 26.2 years making it a young nation and the population growth rate is 1.7% * 15% of population lives below the national poverty line * The government is accommodating the basic right to health and education * Health of Maldivians is inevitably connected to their environment and thereby the government gives importance to the preservation of environment. * Being an island nation, the sea creates a barrier of access for healthcare