in
building) in the center

@Northern Mariana Islands, Economy

Overview:
The economy benefits substantially from financial assistance from the
US. The rate of funding has declined as locally generated government
revenues have grown. An agreement for the years 1986 to 1992 entitled
the islands to $228 million for capital development, government
operations, and special programs. A rapidly growing major source of
income is the tourist industry, which now employs about 50% of the
work force. Japanese tourists predominate. The agricultural sector is
made up of cattle ranches and small farms producing coconuts,
breadfruit, tomatoes, and melons. Industry is small scale, mostly
handicrafts and light manufacturing.
National product:
GNP - purchasing power equivalent - $541 million (1992)
note:
GNP numbers reflect US spending
National product real growth rate:
NA%
National product per capita:
$11,500 (1992)
Inflation rate (consumer prices):
6.5-7.5% (1991 est.)
Unemployment rate:
NA%
Budget:
revenues:
$147 million
expenditures:
$127.7 million, including capital expenditures of $NA (1991 est.)
Exports:
$263.4 million (f.o.b. 1991 est.)
commodities:
manufactured goods, garments, bread, pastries, concrete blocks, light
iron work
partners:
NA
Imports:
$392.4 million (c.i.f. 1991 est.)
commodities:
food, construction, equipment, materials
partners:
NA
External debt:
$0
Industrial production:
growth rate NA%
Electricity:
capacity:
25,000 kW
production:
35 million kWh
consumption per capita:
740 kWh (1990)
Industries:
tourism, construction, light industry, handicrafts
Agriculture:
coconuts, fruits, cattle, vegetables
Economic aid:
none
Currency:
1 United States dollar (US$) = 100 cents
Exchange rates:
US currency is used
Fiscal year:
1 October - 30 September

@Northern Mariana Islands, Communications

Railroads:
none
Highways:
total:
381.5 km
paved:
NA
unpaved:
NA
undifferentiated:
primary 134.5 km; secondary 55 km; local 192 km (1991)
Inland waterways:
none
Ports:
Saipan, Tinian
Airports:
total:
6
usable:
5
with permanent-surface runways:
3
with runways over 3,659 m:
0
with runways 2,440-3,659 m:
2
with runways 1,220-2,439 m:
2
Telecommunications:
broadcast stations - 2 AM, 1 FM (1984), 1 TV, 2 cable TV stations; 2
Pacific Ocean INTELSAT earth stations

@Northern Ma