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this post was submitted on 02 Jun 2024
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Very nice. It's not just a symbolic boycot
A symbolic boycott is important. They still picked a side in this mess.
"Go back to Israel, draft-dodger. Murder more Gazans. Allāh be praised."
Surprisingly high.
0.6% sounds exactly like a symbolic boycott.
As the Maldives is a tourist resort 0.6% of the most major income is pretty big
https://www.budgetyourtrip.com/maldives
Even assuming that every tourist stays one single day that would be 3.3 million dollars. And I'd wager most tourists stay longer than that
So, admittedly, $3.3 Million is low-balling it, and that the real figure is probably something like $20 Million, assuming that each tourist stays ~1 week and spends $299/day as you have quoted.
But these numbers don't mean anything in a vacuum. More context is needed to understand the actual impact of this decision.
The Maldives have a GDP of $6.55 Billion. Assuming that this costs them $20 Million in tourism revenue, that's only a 0.3% drop in GDP. The annual fluctuation in GDP is ±9%. The impact of banning Israeli tourists is less than a rounding error on the Economy of the Maldives.
An entire economy is made up of many parts. 0.3% doesn't sound like much but with big numbers it adds up.
A sacrifice of 20 million dollars is more than just symbolism.
The problem here is that $20 million isn't a "big number" compared to $6.55 Billion.
Believe whatever you want, I can't stop you, but you are objectively wrong.
Let's pretend the Maldives is America. Would you say that America losing 0.3% of its entire GDP over a boycott is "symbolic?