Economics and statistics

Marshall Islands is an ultra-small island economy in Micronesia with a population of about 40-50 thousand, concentrated in Majuro and Ebeya.

The currency is the US dollar, which reduces currency risks, but increases import dependence.

The budget is largely based on grants under the Compact of Free Association (COFA) with the United States, and key revenues come from fishing licenses in the EEZ (PNA/VDS scheme), the international ship register RMI, the public sector and subsidized copra processing; tourism (diving) is small.

The economy is sensitive to fuel and food prices, logistics are expensive, the trade balance is chronically scarce; diaspora translations and presence on Kwajalein Atoll are important.

Vulnerabilities - Pacific Ocean climate risks and shocks; priorities - infrastructure, adaptation and diversification.

The gambling sector is non-existent, the contribution of casino/betting to GDP and the budget is zero/negligible.