Marshall Islands
General information
Capital: Majuro
Currency unit: US dollar
Area: 180 km²
Total population: 37,548
GDP (millions of US dollars): 290
GDP per capita, PPP (current international US dollars): 8,195
Production
Agriculture (% of GDP): 20.3 %
Manufacture (% of GDP): 3.4 %
Industry excluding manufacture (% of GDP): 9.1 %
Services (% of GDP): 67.2 %
Trade
Total exports (millions of US dollars): 122
Total imports (millions of US dollars): 237
Main exported goods (% of total exports):
Ships, boats & floating structures (78.7 %)
Petroleum oils or bituminous minerals (9.9 %)
Fish, fresh (live or dead), chilled or frozen (9.1 %)
Other machinery for particular industries (0.6 %)
Wood manufacture (0.2 %)
Price competitiveness
This section brings together various indicators related to the price dimension of countries’ competitiveness. These indicators include both measures of external price competitiveness (the price ratio between domestic and foreign goods in international markets) and internal price competitiveness (the price ratio between tradable and non-tradable domestic goods). All these indices are calculated for each country relative to a base year and constructed such that an increase in the index corresponds to a decline in the country’s price competitiveness.
| Marshall Islands | ||
|---|---|---|
| Price competitiveness | - | |
| Nominal Effective Exchange Rate Marshall Islands: 118 | 118 | |
| Real Effective Exchange Rate Marshall Islands: - | - | |
| Internal Real Exchange Rate Marshall Islands: - | - |