Marshall Islands FlagMarshall Islands

Accomplishment Through Joint Effort.

 

General


Population: 70,983 (2014), 69,747 (2013)
Land Area: 181,3 sq km
Natural Resources: Coconut products, marine products, deep seabed minerals
Capital: Majuro
Political System: Constitutional Government
State Leader: Christopher J. Loeak (January 17th 2012)
Languages: Marshallese, English
Currency: US Dollar (USD)
Major Religions: Protestant 54.8%, Assembly Of God 25.8%, Roman Catholic 8.4%, Bukot Nan Jesus 2.8%, Mormon 2.1%, Other Christian 3.6%, Other 1%, None 1.5%
Major Ethnicities: Micronesian
Life Expectancy: 72.58 years (2014), 72.31 years (2013)

Economy


GDP Official Exchange Rate: 193 million (2013), 170.7 million (2012)
GDP Purchasing Power Parity: 486 million (2013), 475.4 million (2012)
GDP Per Capita (PPP): 8,700 (2013), 8,700 (2012)
GDP Growth Rate: 2.3% (2013), -1.3% (2012)
GDP Structure: Agriculture 14.3%, Industry 13.9%, Services 71.8% (2011)
Labour Force By Occupation: Agriculture 11%, Industry 16.3%, Services 72.7% (2011)
Industries: Copra, tuna processing, tourism, craft items
Agriculture Products: Coconuts, tomatoes, melons, taro, breadfruit, fruits; pigs, chickens
Human Development Index: NA
Tourism Revenue: 4 million (2002)
Unemployment Rate: 36% (2006)

MilitaryMarshall Islands Map


Army Size: Responsibility of the USA
Budget: Responsibility of the USA

Current Situation

 

The Marshall Islands are located in the Pacific Ocean. The Marshall Islands are situated near Kiribati, Micronesia and Nauru. The Marshall Islands economy relies on the United States for subsidies. Many industries have declined in the past decade including tourism, which is one of the only long term industries the Marshall Islands can hope to develop.

(2014) The Marshall Islands' economy returned to growth in 2013, however as with other small island nations in the Pacific its prospects remain limited.

Thoughts & Comments

 

Sources

CIA World Factbook: Marshall Islands
Wikipedia: Marshall Islands

Updated on: October 30th, 2014