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    Northern Mariana Islands Economy - 1991

      Overview: The economy benefits substantially from financial assistance from the US. An agreement for the years 1986 to 1992 entitles the islands to $228 million for capital development, government operations, and special programs. Another major source of income is the tourist industry, which employs about 10% of the work force. The agricultural sector is made up of cattle ranches and small farms producing coconuts, breadfruit, tomatoes, and melons. Industry is small scale in nature--mostly handicrafts and fish processing.

      GNP: $165 million, per capita $9,170; real growth rate NA% (1982)

      Inflation rate (consumer prices): NA%

      Unemployment rate: NA%

      Budget: revenues $NA; expenditures $70.6 million, including capital expenditures of $NA (1987)

      Exports: $153.9 million (1989); commodities--manufactured goods, garments; partners--NA

      Imports: $313.7 million, a 43% increase over previous year (1989); commodities--NA; partners--NA

      External debt: none

      Industrial production: growth rate NA%

      Electricity: 25,000 kW capacity; 35 million kWh produced, 1,540 kWh per capita (1990)

      Industries: tourism, construction, light industry, handicrafts

      Agriculture: coffee, coconuts, fruits, tobacco, cattle

      Economic aid: none

      Currency: US currency is used

      Exchange rates: US currency is used

      Fiscal year: 1 October-30 September

      NOTE: The information regarding Northern Mariana Islands on this page is re-published from the 1991 World Fact Book of the United States Central Intelligence Agency. No claims are made regarding the accuracy of Northern Mariana Islands Economy 1991 information contained here. All suggestions for corrections of any errors about Northern Mariana Islands Economy 1991 should be addressed to the CIA.

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    Revised 08-Feb-03
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