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Northern Mariana Islands Economy - 1991 https://theodora.com/wfb1991/northern_mariana_islands/northern_mariana_islands_economy.html SOURCE: 1991 CIA WORLD FACTBOOK 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. |