GEOGRAPHICAL NAMES

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. The key tourist industry employs about 50% of the work force and accounts for roughly one-fourth of GDP. Japanese tourists predominate. Annual tourist entries have exceeded one-half million in recent years, but financial difficulties in Japan have caused a temporary slowdown. The agricultural sector is made up of cattle ranches and small farms producing coconuts, breadfruit, tomatoes, and melons. Garment production is by far the most important industry with the employment of 17,500 mostly Chinese workers and sizable shipments to the US under duty and quota exemptions.

GDP (purchasing power parity):
$900 million (2000 est.)
country comparison to the world: 206
note: GDP estimate includes US subsidy
[see also: GDP country ranks ]

GDP (official exchange rate):
$633.4 million (2000)
[see also: GDP (official exchange rate) country ranks ]

GDP - per capita:
$12,500 (2000 est.)
country comparison to the world: 100
[see also: GDP - per capita country ranks ]

GDP - composition by sector:
agriculture: NA%
[see also: GDP - composition by sector - agriculture country ranks ]
industry: NA%
services: NA%

Labor force:
38,450
country comparison to the world: 199
note: nearly 29,000 of these were foreign workers (2005 est.)
[see also: Labor force country ranks ]

Labor force - by occupation:
agriculture: NA%
[see also: GDP - composition by sector - agriculture country ranks ]
industry: NA%
services: NA%

Unemployment rate:
8% (2005 est.)
country comparison to the world: 95

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