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Micronesia, Federated States of (2001)

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Micronesia, Federated States ofMicronesia, Federated States of (2002) (compare)
Micronesia, Federated States ofMicronesia, Federated States of (2003) (compare)
Micronesia, Federated States ofMicronesia, Federated States of (2004) (compare)
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Micronesia, Federated States ofMicronesia, Federated States of (2006) (compare)
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Micronesia, Federated States of 2001 year

 Micronesia, Federated States of
Administrative divisions 4 states; Chuuk (Truk), Kosrae, Pohnpei, Yap
Age structure 0-14 years:
NA%

15-64 years:
NA%

65 years and over:
NA%
Agriculture - products black pepper, tropical fruits and vegetables, coconuts, cassava (tapioca), sweet potatoes; pigs, chickens
Airports 7 (2000 est.)
Airports - with paved runways total:
6

1,524 to 2,437 m:
4

914 to 1,523 m:
2 (2000 est.)
Airports - with unpaved runways total:
1

914 to 1,523 m:
1 (2000 est.)
Area total:
702 sq km

land:
702 sq km

water:
0 sq km

note:
includes Pohnpei (Ponape), Truk (Chuuk) Islands, Yap Islands, and Kosrae
Area - comparative four times the size of Washington, DC
Background In 1979 the Federated States of Micronesia, a UN Trust Territory under US administration, adopted a constitution. In 1986 independence was attained under a Compact of Free Association with the United States. Present concerns include large-scale unemployment, overfishing, and overdependence on US aid.
Budget revenues:
$161 million ($69 million less grants)

expenditures:
$160 million, including capital expenditures of $NA (1998 est.)
Capital Palikir
Climate tropical; heavy year-round rainfall, especially in the eastern islands; located on southern edge of the typhoon belt with occasionally severe damage
Coastline 6,112 km
Constitution 10 May 1979
Country name conventional long form:
Federated States of Micronesia

conventional short form:
none

former:
Ponape, Truk, and Yap Districts (Trust Territory of the Pacific Islands)

abbreviation:
FSM
Currency US dollar (USD)
Debt - external $111 million (1997 est.)
Diplomatic representation from the US chief of mission:
Ambassador Diane E. WATSON

embassy:
address NA, Kolonia

mailing address:
P. O. Box 1286, Kolonia, Pohnpei, Federated States of Micronesia 96941

telephone:
[691] 320-2187

FAX:
[691] 320-2186
Diplomatic representation in the US chief of mission:
Ambassador Jesse Bibiano MAREHALAU

chancery:
1725 N Street NW, Washington, DC 20036

telephone:
[1] (202) 223-4383

FAX:
[1] (202) 223-4391

consulate(s) general:
Honolulu and Tamuning (Guam)
Disputes - international none
Economic aid - recipient under terms of the Compact of Free Association, the US will provide $1.3 billion in grant aid during the period 1986-2001
Economy - overview Economic activity consists primarily of subsistence farming and fishing. The islands have few mineral deposits worth exploiting, except for high-grade phosphate. The potential for a tourist industry exists, but the remoteness of the location and a lack of adequate facilities hinder development. In 1996, the country experienced a 20% reduction in revenues from the Compact of Free Association - the agreement between the US and Micronesia in which Micronesia receives $1.3 billion in financial and technical assistance over a 15-year period until 2001 - as a result of the second step-down under the agreement. Since these revenues accounted for 57% of consolidated government revenues, reduced Compact funding resulted in a severe depression. While Micronesia's economy appears to have bottomed out in 1999, the country's medium-term economic outlook remains fragile due to likely further reductions in external grants made under the US Compact funding. Geographical isolation and a poorly developed infrastructure remain major impediments to long-term growth.
Electricity - consumption NA kWh
Electricity - production NA kWh
Electricity - production by source fossil fuel:
NA%

hydro:
NA%

nuclear:
NA%

other:
NA%
Elevation extremes lowest point:
Pacific Ocean 0 m

highest point:
Totolom 791 m
Environment - current issues overfishing
Environment - international agreements party to:
Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Hazardous Wastes, Law of the Sea, Ozone Layer Protection

signed, but not ratified:
none of the selected agreements
Ethnic groups nine ethnic Micronesian and Polynesian groups
Exchange rates the US dollar is used
Executive branch chief of state:
President Leo A. FALCAM (since 21 July 1999); Vice President Redley KILLION (since 21 July 1999); note - the president is both the chief of state and head of government

head of government:
President Leo A. FALCAM (since 21 July 1999); Vice President Redley KILLION (since 21 July 1999); note - the president is both the chief of state and head of government

cabinet:
Cabinet

elections:
president and vice president elected by Congress from among the four senators-at-large for four-year terms; election last held NA May 1999 (next to be held NA May 2003)

election results:
Leo A. FALCAM elected president; percent of Congress vote - NA%; Redley KILLION elected vice president; percent of Congress vote - NA%
Exports $73 million (f.o.b., 1996 est.)
Exports - commodities fish, garments, bananas, black pepper
Exports - partners Japan, US, Guam
Fiscal year 1 October - 30 September
Flag description light blue with four white five-pointed stars centered; the stars are arranged in a diamond pattern
GDP purchasing power parity - $263 million (1999 est.)

note:
GDP is supplemented by grant aid, averaging perhaps $100 million annually
GDP - composition by sector agriculture:
19%

industry:
4%

services:
77% (1996 est.)
GDP - per capita purchasing power parity - $2,000 (1999 est.)
GDP - real growth rate 0.3% (1999 est.)
Geographic coordinates 6 55 N, 158 15 E
Geography - note four major island groups totaling 607 islands
Highways total:
240 km

paved:
42 km

unpaved:
198 km (1996)
Household income or consumption by percentage share lowest 10%:
NA%

highest 10%:
NA%
Imports $168 million (c.i.f., 1996 est.)
Imports - commodities food, manufactured goods, machinery and equipment, beverages
Imports - partners US, Japan, Australia
Independence 3 November 1986 (from the US-administered UN Trusteeship)
Industrial production growth rate NA%
Industries tourism, construction, fish processing, craft items from shell, wood, and pearls
Inflation rate (consumer prices) 2.6% (FY98/99)
International organization participation ACP, AsDB, ESCAP, G-77, IBRD, ICAO, IDA, IFC, IMF, Intelsat, IOC, ITU, OPCW, Sparteca, SPC, SPF, UN, UNCTAD, UNESCO, WHO, WMO
Internet Service Providers (ISPs) 1 (2000)
Irrigated land NA sq km
Judicial branch Supreme Court
Labor force NA
Labor force - by occupation two-thirds are government employees
Land boundaries 0 km
Land use arable land:
NA%

permanent crops:
NA%

permanent pastures:
NA%

forests and woodland:
NA%

other:
NA%
Languages English (official and common language), Trukese, Pohnpeian, Yapese, Kosrean
Legal system based on adapted Trust Territory laws, acts of the legislature, municipal, common, and customary laws
Legislative branch unicameral Congress (14 seats; members elected by popular vote; four - one elected from each of state - to serve four-year terms and 10 - elected from single-member districts delineated by population - to serve two-year terms)

elections:
elections for four-year term seats last held 2 March 1999 (next to be held NA March 2003); elections for two-year term seats last held 6 March 2001 (next to be held NA March 2003)

election results:
percent of vote - NA%; seats - independents 14
Literacy definition:
age 15 and over can read and write

total population:
89%

male:
91%

female:
88% (1980 est.)
Location Oceania, island group in the North Pacific Ocean, about three-quarters of the way from Hawaii to Indonesia
Map references Oceania
Maritime claims exclusive economic zone:
200 NM

territorial sea:
12 NM
Merchant marine none (2000 est.)
Military - note Federated States of Micronesia (FSM) is a sovereign, self-governing state in free association with the US; FSM is totally dependent on the US for its defense
National holiday Constitution Day, 10 May (1979)
Nationality noun:
Micronesian(s)

adjective:
Micronesian; Kosrae(s), Pohnpeian(s), Trukese, Yapese
Natural hazards typhoons (June to December)
Natural resources forests, marine products, deep-seabed minerals
Political parties and leaders no formal parties
Population 134,597 (July 2001 est.)
Population below poverty line NA%
Ports and harbors Colonia (Yap), Kolonia (Pohnpei), Lele, Moen
Radio broadcast stations AM 5, FM 1, shortwave 0 (1998)
Radios NA
Railways 0 km
Religions Roman Catholic 50%, Protestant 47%, other and none 3%
Suffrage 18 years of age; universal
Telephone system general assessment:
adequate system

domestic:
islands interconnected by shortwave radiotelephone (used mostly for government purposes)

international:
satellite earth stations - 4 Intelsat (Pacific Ocean)
Telephones - main lines in use 11,000 (2001)
Telephones - mobile cellular NA
Television broadcast stations 2 (1997)
Terrain islands vary geologically from high mountainous islands to low, coral atolls; volcanic outcroppings on Pohnpei, Kosrae, and Truk
Unemployment rate 16% (1999 est.)
Waterways none
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