Main data source:CIA World Fact Book All values, unless otherwise stated, are in US dollars.
The government of the Marshall Islands is the largest employer, employing 30.6% of the work force, down by 3.4% since 1988. GDP is derived mainly from payments made by the United States under the terms of the amended Compact of Free Association. Direct U.S. aid accounted for 60% of the Marshall Islands' $90 million budget.
The main economic activities in the Marshall Islands are copra production and fisheries.[2] Under the terms of the Compact of Free Association, Marshallese citizens can travel and work in the United States without visas, which has contributed to more than a 22% population decline over the period 2000–2021.[2]
The Marshall Islands has no central bank.[2] The official currency of the Marshall Islands is the US Dollar.[2]
^ abcdef"World Economic Outlook Database, October 2019". IMF.org. International Monetary Fund. Retrieved 20 October 2019.
^ abcd"Republic of the Marshall Islands: 2023 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Republic of the Marshall Islands". IMF. Retrieved 26 December 2023.
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