upper middle-income Pacific island economy; US aid reliance; large public sector workforce; produces coconut oil as a substitute to diesel fuel; becoming offshore banking locale; fishing rights seller; import-dependent
$250.694 million (2021 est.)
$247.93 million (2020 est.)
$252.582 million (2019 est.)
note: data are in 2017 dollars
1.11% (2021 est.)
-1.84% (2020 est.)
10.84% (2019 est.)
$6,000 (2021 est.) note: data are in 2017 dollars
$5,700 (2020 est.) note: data are in 2017 dollars
$5,600 (2019 est.)
$222 million (2017 est.)
0% (2017 est.)
-1.5% (2016 est.)
agriculture: 4.4% (2013 est.)
industry: 9.9% (2013 est.)
services: 85.7% (2013 est.)
government consumption: 50% (2016 est.)
investment in fixed capital: 17.8% (2016 est.)
investment in inventories: 0.2% (2016 est.)
exports of goods and services: 52.9% (2016 est.)
imports of goods and services: -102.3% (2016 est.)
coconuts
copra, tuna processing, tourism, craft items (from seashells, wood, and pearls)
-3.66% (2021 est.) NA
10,670 (2013 est.)
agriculture: 11%
industry: 16.3%
services: 72.7% (2011 est.)
36% (2006 est.)
30.9% (2000 est.)
total: 26%
male: 31%
female: 14.2% (2019 est.)
N/A
35.5 (2019 est.)
lowest 10%: NA
highest 10%: NA
revenues: $148 million (2019 est.)
expenditures: $153 million (2019 est.)
1.3% (of GDP) (2013 est.)
41.71% of GDP (2019 est.)
44.14% of GDP (2018 est.)
47.95% of GDP (2017 est.)
17.16% (of GDP) (2020 est.)
1 October - 30 September
-$1.182 million (2020 est.)
$56.998 million (2019 est.)
$53.031 million (2018 est.)
$76.734 million (2020 est.) note: data are in current year dollars
$54.987 million (2019 est.)
$128.904 million (2018 est.)
Poland 28%, Denmark 19%, South Korea 13%, Indonesia 10%, Cyprus 6% (2019)
ships, recreational boats, skipjack, tuna, refined petroleum, broadcasting equipment (2021)
$171.201 million (2020 est.) note: data are in current year dollars
$91.814 million (2019 est.)
$174.722 million (2018 est.)
South Korea 39%, China 27%, Japan 15% (2019)
ships, refined petroleum, centrifuges, recreational boats, boat propellers (2019)
$97.96 million (2013 est.)
$87 million (2008 est.)
the US dollar is used
NOTE: The information regarding Marshall Islands on this page is re-published from the 2023 World Fact Book of the United States Central Intelligence Agency and other sources. No claims are made regarding the accuracy of Marshall Islands 2023 information contained here. All suggestions for corrections of any errors about Marshall Islands 2023 should be addressed to the CIA or the source cited on each page.
This page was last modified 06 Dec 23, Copyright © 2023 ITA all rights reserved.