Main sources of economy of the island are Fishing and tourism. The island have Fishing Boats which mainly involving in the yellow fin tuna fishing industry. All the fishing boats are registered and licences under fish processing and exporting company. these companies export the raw fish products to European countries. There are 10 guest houses in Mathiveri. Tourists across the world are used to visit the island and stay those guest houses. And many of the people are working nearby tourist island resorts.