Marshall Islands

Country Summary

2023 population pyramid

Introduction

Background

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. Kwajalein hosts one of four dedicated ground antennas that assist in the operation of the Global Positioning System (GPS) navigation system.

Geography

Area

total: 181 sq km
land: 181 sq km
water: 0 sq km

Climate

tropical; hot and humid; wet season May to November; islands border typhoon belt

Natural resources

coconut products, marine products, deep seabed minerals

People and Society

Population

total: 82,011
male: 41,581
female: 40,430 (2024 est.)

Ethnic groups

Marshallese 95.6%, Filipino 1.1%, other 3.3% (2021 est.)

Languages

Marshallese (official) 98.2%, other languages 1.8% (1999 est.)

Religions

Protestant 79.3% (United Church of Christ 47.9%, Assembly of God 14.1%, Full Gospel 5%, Bukot Nan Jesus 3%, Salvation Army 2.3%, Reformed Congressional Church 2.2%, Seventh Day Adventist 1.7%, New Beginning Church 1.4%, other Protestant 1.6%), Roman Catholic 9.3%, Church of Jesus Christ 5.7%, Jehovah's Witness 1.3%, other 3.3%, none 1.1% (2021 est.)

Population growth rate

1.26% (2024 est.)

Government

Government type

mixed presidential-parliamentary system in free association with the US

Capital

name: Majuro; note - the capital is an atoll of 64 islands; governmental buildings are housed on three fused islands on the eastern side of the atoll: Djarrit, Uliga, and Delap

Executive branch

chief of state: President Hilda C. HEINE (since 3 January 2023); note - the president is both chief of state and head of government
head of government: President Hilda C. HEINE (since 3 January 2023)

Legislative branch

description: unicameral National Parliament consists of:
Nitijela (33 seats; members in 19 single- and 5 multi-seat constituencies directly elected by simple majority vote to serve 4-year terms); note - the Council of Iroij, a 12-member group of tribal leaders advises the Presidential Cabinet and reviews legislation affecting customary law or any traditional practice); members appointed to serve 1-year terms

Economy

Economic overview

upper middle-income Pacific island economy; US aid reliance; large public sector; coconut oil production as diesel fuel substitute; growing offshore banking locale; fishing rights seller; import-dependent

Real GDP (purchasing power parity)

$249.595 million (2022 est.)
$251.292 million (2021 est.)
$248.528 million (2020 est.)

Real GDP per capita

$6,000 (2022 est.)
$6,000 (2021 est.)
$5,700 (2020 est.)

Agricultural products

coconuts (2022)

Industries

copra, tuna processing, tourism, craft items (from seashells, wood, and pearls)

Exports

$130.016 million (2021 est.)
$88.042 million (2020 est.)
$91.394 million (2019 est.)

Exports - partners

Germany 30%, Denmark 15%, UK 14%, Malta 6%, Indonesia 5% (2022)

Exports - commodities

ships, refined petroleum, fish, coated flat-rolled iron, wood carpentry (2022)

Imports

$206.025 million (2021 est.)
$132.845 million (2020 est.)
$129.682 million (2019 est.)

Imports - partners

China 33%, South Korea 31%, Japan 12%, Taiwan 4%, Brazil 4% (2022)

Imports - commodities

ships, refined petroleum, additive manufacturing machines, centrifuges, iron structures (2022)


Page last updated: Wednesday, May 15, 2024