Marshall Islands [+]Compare [E]dit [H]istory

Aliases: Marshall Islands District, Republic of the Marshall Islands, Trust Territory of the Pacific Islands

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Object «Marshall Islands» has attributes

Attribute Value
Geography
Area 181 km²
Continent Australia
Land area 181 km²
Water area 0 km²
Land boundaries 0 km
Border countries Add
Coastline 370.4 km
Mean elevation 2 m
Lowest point 0 m
Highest point 14 m
People
Population 77,917
Official languages
  • Marshallese
Religion Protestant
Government
Long country name Republic of the Marshall Islands
Short country name Marshall Islands
Long local name Republic of the Marshall Islands
Short local name Marshall Islands
Former name
  • Marshall Islands District
  • Trust Territory of the Pacific Islands
Government type Presidential republic in free association with the US
Capital Majuro
Economy
GDP (PPP) 196,000,000 USD
GDP (OER) 222,000,000 USD
GDP (real growth rate) 2.5 %
GDP - per capita (PPP) 3,600 USD
Gross national saving Add
Labor force 10,670
Unemployment rate 36 %
Population below poverty line Add
Budget revenues 116,700,000 USD
Budget expenditures 113,900,000 USD
Military expenditures Add
Taxes and other revenues 52.6 % of GDP
Budget surplus or deficit 1.3 % of GDP
Public debt 25.5 % of GDP
Inflation rate 0 %
Central bank discount rate Add
Commercial bank prime lending rate Add
Stock of narrow money Add
Stock of broad money Add
Stock of domestic credit Add
Market value of publicly traded shares Add
Current account balance -1,000,000 USD
Exports 0 USD
Imports 103,800,000 USD
Reserves of foreign exchange and gold Add
External debt 97,960,000 USD
National currency US Dollar
National currency (code) USD
National currency (symbol) $
National currency rate to USD Add

After almost four decades under US administration as the easternmost part of the UN Trust Territory of the Pacific Islands, the Marshall Islands attained independence in 1986 under a Compact of Free Association. Compensation claims continue as a result of US nuclear testing conducted on some of the atolls between 1947 and 1962 (67 tests total). The Marshall Islands hosts the US Army Kwajalein Atoll Reagan Missile Test Site, a key installation in the US missile defense network. Kwajalein also hosts one of four dedicated ground antennas that assist in the operation of the Global Positioning System (GPS) navigation system (the others are at Cape Canaveral, Florida (US), on Ascension (Saint Helena, Ascension, and Tristan da Cunha), and at Diego Garcia (British Indian Ocean Territory)).

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There was one edit, no edits waiting approval. Last edited by wilkinson.michael(9581), Sep 16, 2019 (52 fields were changed)
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