Elections: President—last held NA November 1987 (next to be held November 1991); results—President Amata Kabua was reelected;
Parliament—last held NA November 1987 (next to be held November 1991); results—percent of vote NA; seats—(33 total)
Communists: none
Member of: SPF, ESCAP (associate)
Diplomatic representation: Representative Wilfred I. KENDALL; Representative Office at Suite 1004, 1901 Pennsylvania Avenue NW, Washington DC 20006; telephone (202) 223-4952; US—Representative Samuel B. THOMSEN; US Office at NA address (mailing address is P. O. Box 680, Majuro, Republic of the Marshall Islands 96960); telephone 692-9-3348
Flag: blue with two stripes radiating from the lower hoist-side corner—orange (top) and white; there is a white star with four large rays and 20 small rays on the hoist side above the two stripes
- Economy Overview: Agriculture and tourism are the mainstays of the economy. Agricultural production is concentrated on small farms, and the most important commercial crops are coconuts, tomatoes, melons, and breadfruit. A few cattle ranches supply the domestic meat market. Small-scale industry is limited to handicrafts, fish processing, and copra. The tourist industry is the primary source of foreign exchange and employs about 10% of the labor force. The islands have few natural resources, and imports far exceed exports. In 1987 the US Government provided grants of $40 million out of the Marshallese budget of $55 million.
GDP: $63 million, per capita $1,500; real growth rate NA% (1989 est.)
Inflation rate (consumer prices): 5.6% (1981)
Unemployment rate: NA%