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Following independence from Britain in 1965, the sultanate continued to operate for another 3 years. On November 11, 1968, it was abolished and replaced by a republic, and the country assumed its present name. Tourism and fishing are being developed on the archipelago.

Muhammad Thakurufaanu Al-Azam also known as Al-Sultan Ghazi Muhammad Bodu Thakurufaanu ruled over the Maldive Islands (Dhivehhi Rajje) from 1573 to 1585 AD. He is one of the most celebrated Maldivian heroes who saved Maldives from the Portuguese conquerors who ruled over the Maldives from 1558-1573 after killing Sultan Ali VI.

The Maldives hold the record for being the flattest country in the world, with a maximum altitude of only 2.3 metres. Although there have been reports of rising sea levels threatening the islands, the sea level has actually lowered in recent decades.

The Second Republic was proclaimed in November 1968 under the presidency of Ibrahim Nasir, who had increasingly dominated the political scene. Under the new constitution, Nasir was elected indirectly to a four-year presidential term by the Majlis (legislature). He appointed Ahmed Zaki as the new prime minister.

The government declared a state of national disaster and a special task force has been set up to provide aid and supplies. Rescue efforts were hampered by loss of communication capability with the over one thousand islands that compose the nation, as well as by the lack of disaster planning.

Maldives's twenty-year period of authoritarian rule under Ibrahim Nasir abruptly ended in 1978 when he fled to Singapore. A subsequent investigation revealed that he had absconded with millions of dollars from the state treasury.

Western interest in the archaeological remains of early cultures on Maldives began with the work of H.C.P. Bell, a British commissioner of the Ceylon Civil Service. Bell was shipwrecked on the islands in 1879, and he returned several times to investigate ancient Buddhist ruins. Historians have established that by the fourth century A.D.