Key Figures

Chief of State:
President Ibrahim "Ibu" Mohamed Solih
Head of Government:
President Ibrahim "Ibu" Mohamed Solih

Overview

Government Name:
Republic of Maldives
Constitution:
Adopted: 2008; Provides the legal foundation for the existence of the Republic of Maldives, sets out the rights and duties of citizens, and defines the structure of government.
Government Type:
Republic
Republic of Maldives Flag
Coat of Arms of Republic of Maldives

Index of Economic Freedom

Grades each country on a scale of 0 to 100, based on ten freedoms, with 100 representing the greatest amount of economic autonomy from government intervention. Source: Heritage Foundation (2023)

Country Risk Rating

C
A very uncertain political and economic outlook and a business environment with many troublesome weaknesses can have a significant impact on corporate payment behavior. Corporate default probability is high. Source: Coface (2022)

Government Branches

Main Powers Election Process Election Cycle 1
Executive

The president is head of state and government, and is commander-in-chief of the Maldives National Defense Force.

Elected by absolute majority vote through a two-round system.

5 years

Judicial

Highest court for interpretation, protection, and enforcement of the constitution.

Judges are appointed by the president in consultation with the Judicial Service Commission, and upon confirmation by voting members of the Peoples's Majlis.

Mandatory retirement age of 70

Legislative

The People's Majlis have the authority to enact, amend, and revise laws aside from the constitution.

77 members are elected by plurality vote in single-member constituencies.

4 years

Regional Trade Blocs

International Organization Participation [2]

Environmental Agreements [3]

Tax Information [2]

Tax Authority:
Information not available
Tax Name:
Information not available

Sources:

  1. ElectionGuide http://www.electionguide.org/
  2. EY, http://www.ey.com
  3. CIA World Factbook, https://www.cia.gov/the-world-factbook/
  4. U.S. Bilateral Relations Fact Sheets http://www.state.gov/r/pa/ei/bgn/