Economy - overview: The economy benefits substantially from financial assistance from the US. The rate of funding has declined as locally generated government revenues have grown. An agreement for the years 1986 to 1992 entitled the islands to $228 million for capital development, government operations, and special programs. Since 1992, funding has been extended one year at a time. The commonwealth received $27.7 million from FY93/94 through FY95/96. For FY96/97 through FY02/03, funding of $11 million will be provided for infrastructure, with an equal local match. A rapidly growing chief source of income is the tourist industry, which now employs about 50% of the work force. Japanese tourists predominate. The agricultural sector is of minor importance and is made up of cattle ranches and small farms producing coconuts, breadfruit, tomatoes, and melons. Garment production is the fastest growing industry with employment of 12,000 mostly Chinese workers and shipments of $1 billion to the US in 1998 under duty and quota exemptions.
GDP:
purchasing power parity - $524 million (1996 est.)
note:
GDP numbers reflect US spending
GDP - real growth rate: NA%
GDP - per capita: purchasing power parity - $9,300 (1996 est.)
GDP - composition by sector:
agriculture:
NA%
industry:
NA%
services:
NA%
Population below poverty line: NA%
Household income or consumption by percentage share:
lowest 10%:
NA%
highest 10%:
NA%
Inflation rate (consumer prices): 6.5% (1994 est.)
Labor force: 6,006 total indigenous labor force; 2,699 unemployed; 28,717 foreign workers (1995)
Labor force - by occupation: managerial 20.5%, technical, sales 16.4%, services 19.3%, farming 3.1%, precision production 13.8%, operators, fabricators 26.9%
Unemployment rate: 14% (residents)
Budget:
revenues:
$221 million
expenditures:
$213 million, including capital expenditures of $17.7 million (1996)
Industries: tourism, construction, garments, handicrafts
Industrial production growth rate: NA%
Electricity - production: NA kWh
Electricity - production by source:
fossil fuel:
100%
hydro:
0%
nuclear:
0%
other:
0%
Electricity - consumption: NA kWh
Electricity - exports: NA kWh
Electricity - imports: NA kWh
Agriculture - products: coconuts, fruits, vegetables; cattle
Exports: $1 billion (1998)
Exports - commodities: garments
Exports - partners: US
Imports: $NA
Imports - commodities: food, construction equipment and materials, petroleum products
Imports - partners: US, Japan
Debt - external: $NA
Economic aid - recipient: $21.1 million (1995)
Currency: 1 United States dollar (US$) = 100 cents
Exchange rates: US currency is used
Fiscal year: 1 October - 30 September
- See also : Northern Mariana Islands
Common misspelling and questions (FAQ)
conomy-of-the-northern-mariana-islands eonomy-of-the-northern-mariana-islands ecnomy-of-the-northern-mariana-islands ecoomy-of-the-northern-mariana-islands econmy-of-the-northern-mariana-islands econoy-of-the-northern-mariana-islands econom-of-the-northern-mariana-islands economyof-the-northern-mariana-islands economy-f-the-northern-mariana-islands economy-o-the-northern-mariana-islands economy-ofthe-northern-mariana-islands economy-of-he-northern-mariana-islands economy-of-te-northern-mariana-islands economy-of-th-northern-mariana-islands economy-of-thenorthern-mariana-islands economy-of-the-orthern-mariana-islands economy-of-the-nrthern-mariana-islands economy-of-the-nothern-mariana-islands economy-of-the-norhern-mariana-islands economy-of-the-nortern-mariana-islands economy-of-the-northrn-mariana-islands economy-of-the-northen-mariana-islands economy-of-the-norther-mariana-islands economy-of-the-northernmariana-islands economy-of-the-northern-ariana-islands economy-of-the-northern-mriana-islands economy-of-the-northern-maiana-islands economy-of-the-northern-marana-islands economy-of-the-northern-marina-islands economy-of-the-northern-mariaa-islands economy-of-the-northern-marian-islands economy-of-the-northern-marianaislands economy-of-the-northern-mariana-slands economy-of-the-northern-mariana-ilands economy-of-the-northern-mariana-isands economy-of-the-northern-mariana-islnds economy-of-the-northern-mariana-islads economy-of-the-northern-mariana-islans economy-of-the-northern-mariana-island ceonomy-of-the-northern-mariana-islands eocnomy-of-the-northern-mariana-islands ecnoomy-of-the-northern-mariana-islands ecoonmy-of-the-northern-mariana-islands econmoy-of-the-northern-mariana-islands econoym-of-the-northern-mariana-islands econom-yof-the-northern-mariana-islands economyo-f-the-northern-mariana-islands economy-fo-the-northern-mariana-islands economy-o-fthe-northern-mariana-islands economy-oft-he-northern-mariana-islands economy-of-hte-northern-mariana-islands economy-of-teh-northern-mariana-islands economy-of-th-enorthern-mariana-islands economy-of-then-orthern-mariana-islands economy-of-the-onrthern-mariana-islands economy-of-the-nrothern-mariana-islands economy-of-the-notrhern-mariana-islands economy-of-the-norhtern-mariana-islands economy-of-the-nortehrn-mariana-islands economy-of-the-northren-mariana-islands economy-of-the-northenr-mariana-islands economy-of-the-norther-nmariana-islands economy-of-the-northernm-ariana-islands economy-of-the-northern-amriana-islands economy-of-the-northern-mraiana-islands economy-of-the-northern-mairana-islands economy-of-the-northern-maraina-islands economy-of-the-northern-marinaa-islands economy-of-the-northern-mariaan-islands economy-of-the-northern-marian-aislands economy-of-the-northern-marianai-slands economy-of-the-northern-mariana-silands economy-of-the-northern-mariana-ilsands economy-of-the-northern-mariana-isalnds economy-of-the-northern-mariana-islnads economy-of-the-northern-mariana-isladns economy-of-the-northern-mariana-islansd economy-of-the-northern-mariana-island eeconomy-of-the-northern-mariana-islands ecconomy-of-the-northern-mariana-islands ecoonomy-of-the-northern-mariana-islands econnomy-of-the-northern-mariana-islands econoomy-of-the-northern-mariana-islands econommy-of-the-northern-mariana-islands economyy-of-the-northern-mariana-islands economy--of-the-northern-mariana-islands economy-oof-the-northern-mariana-islands economy-off-the-northern-mariana-islands economy-of--the-northern-mariana-islands economy-of-tthe-northern-mariana-islands economy-of-thhe-northern-mariana-islands economy-of-thee-northern-mariana-islands economy-of-the--northern-mariana-islands economy-of-the-nnorthern-mariana-islands economy-of-the-noorthern-mariana-islands economy-of-the-norrthern-mariana-islands economy-of-the-nortthern-mariana-islands economy-of-the-northhern-mariana-islands economy-of-the-northeern-mariana-islands economy-of-the-northerrn-mariana-islands economy-of-the-northernn-mariana-islands economy-of-the-northern--mariana-islands economy-of-the-northern-mmariana-islands economy-of-the-northern-maariana-islands economy-of-the-northern-marriana-islands economy-of-the-northern-mariiana-islands economy-of-the-northern-mariaana-islands economy-of-the-northern-marianna-islands economy-of-the-northern-marianaa-islands economy-of-the-northern-mariana--islands economy-of-the-northern-mariana-iislands economy-of-the-northern-mariana-isslands economy-of-the-northern-mariana-isllands economy-of-the-northern-mariana-islaands economy-of-the-northern-mariana-islannds economy-of-the-northern-mariana-islandds economy-of-the-northern-mariana-islandss 3conomy-of-the-northern-mariana-islands wconomy-of-the-northern-mariana-islands sconomy-of-the-northern-mariana-islands 4conomy-of-the-northern-mariana-islands dconomy-of-the-northern-mariana-islands 4conomy-of-the-northern-mariana-islands rconomy-of-the-northern-mariana-islands dconomy-of-the-northern-mariana-islands edonomy-of-the-northern-mariana-islands exonomy-of-the-northern-mariana-islands efonomy-of-the-northern-mariana-islands efonomy-of-the-northern-mariana-islands evonomy-of-the-northern-mariana-islands ec9nomy-of-the-northern-mariana-islands ecinomy-of-the-northern-mariana-islands ecknomy-of-the-northern-mariana-islands ec0nomy-of-the-northern-mariana-islands eclnomy-of-the-northern-mariana-islands ec0nomy-of-the-northern-mariana-islands ecpnomy-of-the-northern-mariana-islands eclnomy-of-the-northern-mariana-islands ecohomy-of-the-northern-mariana-islands ecobomy-of-the-northern-mariana-islands ecojomy-of-the-northern-mariana-islands ecojomy-of-the-northern-mariana-islands ecomomy-of-the-northern-mariana-islands econ9my-of-the-northern-mariana-islands econimy-of-the-northern-mariana-islands econkmy-of-the-northern-mariana-islands econ0my-of-the-northern-mariana-islands econlmy-of-the-northern-mariana-islands econ0my-of-the-northern-mariana-islands econpmy-of-the-northern-mariana-islands econlmy-of-the-northern-mariana-islands econojy-of-the-northern-mariana-islands econony-of-the-northern-mariana-islands econoky-of-the-northern-mariana-islands econoky-of-the-northern-mariana-islands econo,y-of-the-northern-mariana-islands econom6-of-the-northern-mariana-islands economt-of-the-northern-mariana-islands economg-of-the-northern-mariana-islands econom7-of-the-northern-mariana-islands economh-of-the-northern-mariana-islands econom7-of-the-northern-mariana-islands economu-of-the-northern-mariana-islands economh-of-the-northern-mariana-islands economy0of-the-northern-mariana-islands economypof-the-northern-mariana-islands economy[of-the-northern-mariana-islands economy-9f-the-northern-mariana-islands economy-if-the-northern-mariana-islands economy-kf-the-northern-mariana-islands economy-0f-the-northern-mariana-islands economy-lf-the-northern-mariana-islands economy-0f-the-northern-mariana-islands economy-pf-the-northern-mariana-islands economy-lf-the-northern-mariana-islands economy-or-the-northern-mariana-islands economy-od-the-northern-mariana-islands economy-oc-the-northern-mariana-islands economy-ot-the-northern-mariana-islands economy-ov-the-northern-mariana-islands economy-ot-the-northern-mariana-islands economy-og-the-northern-mariana-islands economy-ov-the-northern-mariana-islands economy-of0the-northern-mariana-islands economy-ofpthe-northern-mariana-islands economy-of[the-northern-mariana-islands economy-of-5he-northern-mariana-islands economy-of-rhe-northern-mariana-islands economy-of-fhe-northern-mariana-islands economy-of-6he-northern-mariana-islands economy-of-ghe-northern-mariana-islands economy-of-6he-northern-mariana-islands economy-of-yhe-northern-mariana-islands economy-of-ghe-northern-mariana-islands economy-of-tye-northern-mariana-islands economy-of-tge-northern-mariana-islands economy-of-tbe-northern-mariana-islands economy-of-tue-northern-mariana-islands economy-of-tne-northern-mariana-islands economy-of-tue-northern-mariana-islands economy-of-tje-northern-mariana-islands economy-of-tne-northern-mariana-islands economy-of-th3-northern-mariana-islands economy-of-thw-northern-mariana-islands economy-of-ths-northern-mariana-islands economy-of-th4-northern-mariana-islands economy-of-thd-northern-mariana-islands economy-of-th4-northern-mariana-islands economy-of-thr-northern-mariana-islands economy-of-thd-northern-mariana-islands economy-of-the0northern-mariana-islands economy-of-thepnorthern-mariana-islands economy-of-the[northern-mariana-islands economy-of-the-horthern-mariana-islands economy-of-the-borthern-mariana-islands economy-of-the-jorthern-mariana-islands economy-of-the-jorthern-mariana-islands economy-of-the-morthern-mariana-islands economy-of-the-n9rthern-mariana-islands economy-of-the-nirthern-mariana-islands economy-of-the-nkrthern-mariana-islands economy-of-the-n0rthern-mariana-islands economy-of-the-nlrthern-mariana-islands economy-of-the-n0rthern-mariana-islands economy-of-the-nprthern-mariana-islands economy-of-the-nlrthern-mariana-islands economy-of-the-no4thern-mariana-islands economy-of-the-noethern-mariana-islands economy-of-the-nodthern-mariana-islands economy-of-the-no5thern-mariana-islands economy-of-the-nofthern-mariana-islands economy-of-the-no5thern-mariana-islands economy-of-the-notthern-mariana-islands economy-of-the-nofthern-mariana-islands economy-of-the-nor5hern-mariana-islands economy-of-the-norrhern-mariana-islands economy-of-the-norfhern-mariana-islands economy-of-the-nor6hern-mariana-islands economy-of-the-norghern-mariana-islands economy-of-the-nor6hern-mariana-islands economy-of-the-noryhern-mariana-islands economy-of-the-norghern-mariana-islands economy-of-the-nortyern-mariana-islands economy-of-the-nortgern-mariana-islands economy-of-the-nortbern-mariana-islands economy-of-the-nortuern-mariana-islands economy-of-the-nortnern-mariana-islands economy-of-the-nortuern-mariana-islands economy-of-the-nortjern-mariana-islands economy-of-the-nortnern-mariana-islands economy-of-the-north3rn-mariana-islands economy-of-the-northwrn-mariana-islands economy-of-the-northsrn-mariana-islands economy-of-the-north4rn-mariana-islands economy-of-the-northdrn-mariana-islands economy-of-the-north4rn-mariana-islands economy-of-the-northrrn-mariana-islands economy-of-the-northdrn-mariana-islands economy-of-the-northe4n-mariana-islands economy-of-the-northeen-mariana-islands economy-of-the-northedn-mariana-islands economy-of-the-northe5n-mariana-islands economy-of-the-northefn-mariana-islands economy-of-the-northe5n-mariana-islands economy-of-the-northetn-mariana-islands economy-of-the-northefn-mariana-islands economy-of-the-northerh-mariana-islands economy-of-the-northerb-mariana-islands economy-of-the-northerj-mariana-islands economy-of-the-northerj-mariana-islands economy-of-the-northerm-mariana-islands economy-of-the-northern0mariana-islands economy-of-the-northernpmariana-islands economy-of-the-northern[mariana-islands economy-of-the-northern-jariana-islands economy-of-the-northern-nariana-islands economy-of-the-northern-kariana-islands economy-of-the-northern-kariana-islands economy-of-the-northern-,ariana-islands economy-of-the-northern-mqriana-islands economy-of-the-northern-mwriana-islands economy-of-the-northern-mzriana-islands economy-of-the-northern-mwriana-islands economy-of-the-northern-msriana-islands economy-of-the-northern-mzriana-islands economy-of-the-northern-ma4iana-islands economy-of-the-northern-maeiana-islands economy-of-the-northern-madiana-islands economy-of-the-northern-ma5iana-islands economy-of-the-northern-mafiana-islands economy-of-the-northern-ma5iana-islands economy-of-the-northern-matiana-islands economy-of-the-northern-mafiana-islands economy-of-the-northern-mar8ana-islands economy-of-the-northern-maruana-islands economy-of-the-northern-marjana-islands economy-of-the-northern-mar9ana-islands economy-of-the-northern-markana-islands economy-of-the-northern-mar9ana-islands economy-of-the-northern-maroana-islands economy-of-the-northern-markana-islands economy-of-the-northern-mariqna-islands economy-of-the-northern-mariwna-islands economy-of-the-northern-marizna-islands economy-of-the-northern-mariwna-islands economy-of-the-northern-marisna-islands economy-of-the-northern-marizna-islands economy-of-the-northern-mariaha-islands economy-of-the-northern-mariaba-islands economy-of-the-northern-mariaja-islands economy-of-the-northern-mariaja-islands economy-of-the-northern-mariama-islands economy-of-the-northern-marianq-islands economy-of-the-northern-marianw-islands economy-of-the-northern-marianz-islands economy-of-the-northern-marianw-islands economy-of-the-northern-marians-islands economy-of-the-northern-marianz-islands economy-of-the-northern-mariana0islands economy-of-the-northern-marianapislands economy-of-the-northern-mariana[islands economy-of-the-northern-mariana-8slands economy-of-the-northern-mariana-uslands economy-of-the-northern-mariana-jslands economy-of-the-northern-mariana-9slands economy-of-the-northern-mariana-kslands economy-of-the-northern-mariana-9slands economy-of-the-northern-mariana-oslands economy-of-the-northern-mariana-kslands economy-of-the-northern-mariana-iwlands economy-of-the-northern-mariana-ialands economy-of-the-northern-mariana-izlands economy-of-the-northern-mariana-ielands economy-of-the-northern-mariana-ixlands economy-of-the-northern-mariana-ielands economy-of-the-northern-mariana-idlands economy-of-the-northern-mariana-ixlands economy-of-the-northern-mariana-isoands economy-of-the-northern-mariana-iskands economy-of-the-northern-mariana-is,ands economy-of-the-northern-mariana-ispands economy-of-the-northern-mariana-is.ands economy-of-the-northern-mariana-ispands economy-of-the-northern-mariana-is;ands economy-of-the-northern-mariana-is.ands economy-of-the-northern-mariana-islqnds economy-of-the-northern-mariana-islwnds economy-of-the-northern-mariana-islznds economy-of-the-northern-mariana-islwnds economy-of-the-northern-mariana-islsnds economy-of-the-northern-mariana-islznds economy-of-the-northern-mariana-islahds economy-of-the-northern-mariana-islabds economy-of-the-northern-mariana-islajds economy-of-the-northern-mariana-islajds economy-of-the-northern-mariana-islamds economy-of-the-northern-mariana-islanes economy-of-the-northern-mariana-islanss economy-of-the-northern-mariana-islanxs economy-of-the-northern-mariana-islanrs economy-of-the-northern-mariana-islancs economy-of-the-northern-mariana-islanrs economy-of-the-northern-mariana-islanfs economy-of-the-northern-mariana-islancs economy-of-the-northern-mariana-islandw economy-of-the-northern-mariana-islanda economy-of-the-northern-mariana-islandz economy-of-the-northern-mariana-islande economy-of-the-northern-mariana-islandx economy-of-the-northern-mariana-islande economy-of-the-northern-mariana-islandd economy-of-the-northern-mariana-islandx economy-of-the-northern-maryana-islands economy-of-yhe-northern-mariana-islands economy-of-tyhe-northern-mariana-islands economy-of-the-northern-mariana-islandesHart will answer or forward your message. We would prefer to send you information by.