27, May 2012, CEST. Welcome to the Marshall Islands economic statistics pages provided by the beta version of EconomyWatch.com's Econ Stats database.

Economic Indicators For: Marshall Islands › Change country
National or Regional Currency: US Dollar, US$
Year of data: 2010 › Change year
Number of Indicators Listed:
Full Dataset: From Year 1980 to 2016
Date of Last Update: 1st August 2011
Population: 67,182 (July 2011 est.)
Area: total: 181 sq km land: 181 sq km water: 0 sq km note: the archipelago includes 11,673 sq km of lagoon waters and includes the atolls of Bikini, Enewetak, Kwajalein, Majuro, Rongelap, and Utirik
Natural Resources: coconut products, marine products, deep seabed minerals
Capital: name: Majuro geographic coordinates: 7 06 N, 171 23 E time difference: UTC+12 (17 hours ahead of Washington, DC during Standard Time)
Data Sources: IMF, World Bank, UN, OECD, CIA World Factbook, Internet World Statistics, The Heritage Foundation and Transparency International

US Government aid is the mainstay of the Marshall Islands economy. Agricultural, agrarian, fisheries and farming production, primarily subsistence, is concentrated in small farms; the most important commercial crops are coconuts and breadfruit. The tourist industry, a small source of foreign currency exchange remains the best hope for future added income. The islands have few natural resources, and imports far exceed exports.