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    Quarterly business survey : fourth quarter 2024 : volume 12, issue 4
    (Maldives Monetary Authority, 2025) Maldives Monetary Authority; މޯލްޑިވްސް މަނިޓަރީ އޮތޯރިޓީ
    The Quarterly Business Survey is carried out by the MMA with the aim of obtaining a quick assessment of current business trends and expected future economic activity. The respondents of the business survey are senior managers or top management of businesses who have an overall view of the business situation. The questions cover the views of the senior management (for the past quarter and expectation for the next quarter) on the direction of change in various business variables such as sales, output, prices, capacity utilisation and employment which are useful for analysing and predicting economic activity. The qualitative response for these questions takes the form of either increase, decrease or no change. The business survey for the fourth quarter of 2024 was carried out from 25 December 2024 to 12 January 2025. Survey forms were sent electronically to 160 enterprises in the tourism, construction, wholesale and retail trade, and transportation and communication sectors. The survey sample is taken from a list of companies (based on top revenue earners) provided by the Maldives Inland Revenue Authority (MIRA). A total of 114 enterprises responded during the survey period which represents an overall response rate of 71%. The qualitative responses to the survey are converted to quantitative numbers by subtracting the percentage of respondents reporting an increase from the percentage of respondents reporting a decrease. All responses are weighted based on their relative size (using revenue) within their respective sector. Care should be taken when interpreting the results of individual sectors since constraints in sample selection may limit the representativeness of certain industries within each sector.