Northern Mariana Islands - Economy
How is the economy of Northern Mariana Islands? Based on the information we have, Northern Mariana Islands has a US Pacific island commonwealth economy; growing Chinese and Korean tourist destination; hit hard by 2018 typhoon; dependent on energy imports; exempt from some US labor and immigration laws; longstanding garment production. Key agricultural products in this country include: vegetables and melons, fruits and nuts; ornamental plants; livestock, poultry, eggs; fish and aquaculture products.
More about the economy of Northern Mariana Islands
| Labor force | |
|---|---|
| Industrial production growth rate | |
| Industries | tourism, banking, construction, fishing, handicrafts, other services |
| Population below poverty line | |
| Taxes and other revenues | |
| Fiscal year | |
| Exchange rates | |
| Budget | |
| Revenues | $389.6 million (2016 est.) |
| Expenditures | $344 million (2015 est.) |
| Budget surplus (+) or deficit (-) | |
| Imports | |
| Imports 2022 | $777 million (2022 est.) |
| Imports 2021 | $666 million (2021 est.) |
| Imports 2020 | $556 million (2020 est.) |
| Imports (partners) | Singapore 63%, Japan 12%, Hong Kong 8%, Taiwan 4%, Philippines 3% (2023) |
| Comodities Imports force | refined petroleum, cars, jewelry, trunks and cases, flavored water (2023) |
| Exports | |
| Imports 2022 | $777 million (2022 est.) |
| Imports 2021 | $666 million (2021 est.) |
| Imports 2020 | $556 million (2020 est.) |
| Exports (partners) | Sweden 21%, Singapore 20%, Hong Kong 12%, UK 8%, India 7% (2023) |
| Comodities Exports force | scrap iron, refined petroleum, scrap copper, hydraulic engines, integrated circuits (2021) |
| Real GDP (purchasing power parity) | |
| Real GDP (purchasing power parity) 2016 | $1.242 billion (2016 est.) |
| Real GDP (purchasing power parity) 2015 | $933 million (2015 est.) |
| Real GDP (purchasing power parity) 2014 | $845 million (2014 est.) |
| GDP (official exchange rate) | $1.096 billion (2022 est.) |
All Important Facts about Northern Mariana Islands
Want to know more about Northern Mariana Islands? Check all different factbooks for Northern Mariana Islands below.
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Northern Mariana Islands Factbook
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The Economy of Northern Mariana Islands
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Learn about the Government of Northern Mariana Islands
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Communication in Northern Mariana Islands
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Popular Universities in Northern Mariana Islands
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Enerny in Northern Mariana Islands
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Transport in Northern Mariana Islands
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The Geography and society of Northern Mariana Islands
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The Environment of Northern Mariana Islands
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Military and security in Northern Mariana Islands