The fisheries sector recorded significant growth last year, with fish production increasing by 66 per cent and exports rising by 86.9 per cent compared to the previous year, according to statistics released by the Maldives Monetary Authority (MMA).

Data published by the central bank showed that fishermen weighed a total of 88,347 metric tonnes of fish last year, up from 53,232 metric tonnes in 2024. The fisheries sector is the second largest contributor to the Maldivian economy after tourism.

The largest increase was recorded in the production of skipjack tuna. In 2024, skipjack production stood at 40,445 metric tonnes, rising by 80.2 per cent to 72,878 metric tonnes in 2025. Production of yellowfin tuna also increased, with 14,950 metric tonnes recorded in 2025 compared to 12,467 metric tonnes in 2024, representing a 19.9 per cent increase.

Other fish species also saw notable growth. Production rose to 518 metric tonnes last year from 319 metric tonnes in 2024, reflecting an increase of 62.3 per cent in catches.

Export figures released by MMA up to the end of November 2025 showed that the Maldives exported 69,564 metric tonnes of fish, compared to 37,213 metric tonnes during the same period in 2024. This represents an increase of 86.9 per cent. Exports of fresh, frozen and chilled fish increased by 104.9 per cent, with the largest growth recorded in skipjack exports, which rose from 21,446 metric tonnes in 2024 to 53,075 metric tonnes in 2025.

The increase in fish production and exports is largely attributed to improvements in payment mechanisms for fishermen. Since December 2024, arrangements have been introduced to ensure fishermen are paid for their catch within 48 hours, a move that authorities say has boosted confidence and activity within the sector.