Marshall Islands Marshall Islands The Marshall Islands, officially the Republic of the Marshall Islands (), are an island country and a United States associated state near the equator in the Pacific Ocean, slightly west of the International Date Line. Geographically, the country is part of the larger island group of Micronesia. The country's population of 53,158 people (at the 2011 Census) is spread out over 29 coral atolls, comprising 1,156 individual islands and islets. The islands share maritime boundaries with the Federated States of Micronesia to the west, Wake Island to the north, Kiribati to the southeast, and Nauru to the south.
Economy of the Marshall Islands Economy of the Marshall Islands The government of the Marshall Islands is the largest employer, employing 30.6% of the work force, down by 3.4% since 1988. GDP is derived mainly from payments made by the United States under the terms of the amended Compact of Free Association. Direct U.S. aid accounted for 60% of the Marshall Islands' $90 million budget. The economy combines a small subsistence sector and a modern urban sector. The subsistence economy consists of fishing and breadfruit, banana, taro, and pandanus cultivation. On the outer islands, production of copra and handicrafts income provide cash income. The modern