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Compare Bermuda (2002) - Micronesia, Federated States of (2001)

Compare Bermuda (2002) z Micronesia, Federated States of (2001)

 Bermuda (2002)Micronesia, Federated States of (2001)
 BermudaMicronesia, Federated States of
Administrative divisions 9 parishes and 2 municipalities*; Devonshire, Hamilton, Hamilton*, Paget, Pembroke, Saint George*, Saint George's, Sandys, Smith's, Southampton, Warwick 4 states; Chuuk (Truk), Kosrae, Pohnpei, Yap
Age structure 0-14 years: 19.2% (male 6,058; female 6,225)


15-64 years: 69.4% (male 21,950; female 22,442)


65 years and over: 11.4% (male 3,163; female 4,122) (2002 est.)
0-14 years:
NA%

15-64 years:
NA%

65 years and over:
NA%
Agriculture - products bananas, vegetables, citrus, flowers; dairy products black pepper, tropical fruits and vegetables, coconuts, cassava (tapioca), sweet potatoes; pigs, chickens
Airports 1 (2002) 7 (2000 est.)
Airports - with paved runways total: 1


2,438 to 3,047 m: 1 (2002)
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: 53.3 sq km


land: 53.3 sq km


water: 0 sq km
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 about one-third the size of Washington, DC four times the size of Washington, DC
Background Bermuda was first settled in 1609 by shipwrecked English colonists headed for Virginia. Tourism to the island to escape North American winters first developed in Victorian times. Tourism continues to be important to the island's economy, although international business has overtaken it in recent years. Bermuda has developed into a highly successful offshore financial center. A referendum on independence was soundly defeated in 1995. 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.
Birth rate 11.82 births/1,000 population (2002 est.) -
Budget revenues: $609.5 million


expenditures: $574.6 million, including capital expenditures of $54.8 million (FY00/01)
revenues:
$161 million ($69 million less grants)

expenditures:
$160 million, including capital expenditures of $NA (1998 est.)
Capital Hamilton Palikir
Climate subtropical; mild, humid; gales, strong winds common in winter tropical; heavy year-round rainfall, especially in the eastern islands; located on southern edge of the typhoon belt with occasionally severe damage
Coastline 103 km 6,112 km
Constitution 8 June 1968, amended 1989 10 May 1979
Country name conventional long form: none


conventional short form: Bermuda


former: Somers Islands
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 Bermudian dollar (BMD) US dollar (USD)
Death rate 7.49 deaths/1,000 population (2002 est.) -
Debt - external $145 million (FY99/00) $111 million (1997 est.)
Dependency status overseas territory of the UK -
Diplomatic representation from the US chief of mission: Consul General Denis Patrick COLEMAN, Jr.


consulate(s) general: Crown Hill, 16 Middle Road, Devonshire DVQ3


mailing address: P. O. Box HM325, Hamilton HMBX; American Consulate General Hamilton, Department of State, 5300 Hamilton Place, Washington, DC 20520-5300


telephone: [1] (441) 295-1342


FAX: [1] (441) 295-1592, [1] (441) 296-9233
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 none (overseas territory of the UK) 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 none
Economic aid - recipient $NA 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 Bermuda enjoys one of the highest per capita incomes in the world, with its economy primarily based on providing financial services for international business and luxury facilities for tourists. The effects of 11 September 2001 have had both positive and negative ramifications for Bermuda. On the positive side, a number of new reinsurance companies have located on the island, contributing to the expansion of an already robust international business sector. On the negative side, Bermuda's already weakening tourism industry - which derives over 80% of its visitors from the US - has been further hit as American tourists have chosen not to travel. Most capital equipment and food must be imported, with the US serving as the primary source of goods, followed by the UK. Bermuda's industrial sector is small, although construction continues to be important. Agriculture is limited, only 6% of the land being arable. 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 553.35 million kWh (2000) NA kWh
Electricity - exports 0 kWh (2000) -
Electricity - imports 0 kWh (2000) -
Electricity - production 595 million kWh (2000) NA kWh
Electricity - production by source fossil fuel: 100%


hydro: 0%


nuclear: 0%


other: 0% (2000)
fossil fuel:
NA%

hydro:
NA%

nuclear:
NA%

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


highest point: Town Hill 76 m
lowest point:
Pacific Ocean 0 m

highest point:
Totolom 791 m
Environment - current issues asbestos disposal; water pollution; preservation of open space; sustainable development 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 black 58%, white 36%, other 6% nine ethnic Micronesian and Polynesian groups
Exchange rates Bermudian dollar per US dollar - 1.0000 (fixed rate pegged to the US dollar) the US dollar is used
Executive branch chief of state: Queen ELIZABETH II (since 6 February 1952), represented by Governor Sir John VEREKER (since NA April 2002)


head of government: Premier Jennifer SMITH (since 10 November 1998)


cabinet: Cabinet nominated by the premier, appointed by the governor


elections: none; the monarch is hereditary; governor appointed by the monarch; following legislative elections, the leader of the majority party or the leader of the majority coalition is usually appointed premier by the governor
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 $51 million (2000) $73 million (f.o.b., 1996 est.)
Exports - commodities reexports of pharmaceuticals fish, garments, bananas, black pepper
Exports - partners EU excluding UK 77.9%, US 9.8%, UK 6.9% (1999) Japan, US, Guam
Fiscal year 1 April - 31 March 1 October - 30 September
Flag description red, with the flag of the UK in the upper hoist-side quadrant and the Bermudian coat of arms (white and green shield with a red lion holding a scrolled shield showing the sinking of the ship Sea Venture off Bermuda in 1609) centered on the outer half of the flag light blue with four white five-pointed stars centered; the stars are arranged in a diamond pattern
GDP purchasing power parity - $2.2 billion (2001 est.) purchasing power parity - $263 million (1999 est.)

note:
GDP is supplemented by grant aid, averaging perhaps $100 million annually
GDP - composition by sector agriculture: 1%


industry: 10%


services: 89% (1995 est.)
agriculture:
19%

industry:
4%

services:
77% (1996 est.)
GDP - per capita purchasing power parity - $34,800 (2001 est.) purchasing power parity - $2,000 (1999 est.)
GDP - real growth rate 2.9% (2001 est.) 0.3% (1999 est.)
Geographic coordinates 32 20 N, 64 45 W 6 55 N, 158 15 E
Geography - note consists of about 138 coral islands and islets with ample rainfall, but no rivers or freshwater lakes; some land, reclaimed and otherwise, was leased by US Government from 1941 to 1995 four major island groups totaling 607 islands
Highways total: 450 km


paved: 450 km


unpaved: 0 km


note: public roads - 209 km; private roads - 241 km (2002)
total:
240 km

paved:
42 km

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


highest 10%: NA%
lowest 10%:
NA%

highest 10%:
NA%
Imports $719 million (2000) $168 million (c.i.f., 1996 est.)
Imports - commodities machinery and transport equipment, construction materials, chemicals, food and live animals food, manufactured goods, machinery and equipment, beverages
Imports - partners EU excluding UK 35.4%, US 17.8%, UK 15.4%, Russia 14.6% (1999) US, Japan, Australia
Independence none (overseas territory of the UK) 3 November 1986 (from the US-administered UN Trusteeship)
Industrial production growth rate NA% NA%
Industries tourism, international business, light manufacturing tourism, construction, fish processing, craft items from shell, wood, and pearls
Infant mortality rate 9.28 deaths/1,000 live births (2002 est.) -
Inflation rate (consumer prices) 3% (July 2001) 2.6% (FY98/99)
International organization participation Caricom (observer), CCC, ICFTU, Interpol (subbureau), IOC 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) 20 (2000) 1 (2000)
Irrigated land NA sq km NA sq km
Judicial branch Supreme Court; Court of Appeal; Magistrate Courts Supreme Court
Labor force 37,472 (2000) NA
Labor force - by occupation clerical 22%, services 20%, laborers 17%, professional and technical 17%, administrative and managerial 13%, sales 8%, agriculture and fishing 3% (2000 est.) two-thirds are government employees
Land boundaries 0 km 0 km
Land use arable land: 0%


permanent crops: 0%


other: 100% (55% developed, 45% rural/open space) (1998 est.)
arable land:
NA%

permanent crops:
NA%

permanent pastures:
NA%

forests and woodland:
NA%

other:
NA%
Languages English (official), Portuguese English (official and common language), Trukese, Pohnpeian, Yapese, Kosrean
Legal system English law based on adapted Trust Territory laws, acts of the legislature, municipal, common, and customary laws
Legislative branch bicameral Parliament consists of the Senate (an 11-member body appointed by the governor, the premier, and the opposition) and the House of Assembly (40 seats; members are elected by popular vote to serve five-year terms)


elections: last general election held 9 November 1998 (next to be held NA November 2003)


election results: percent of vote by party - PLP 54%, UBP 44%, NLP 1%, independents 1%; seats by party - PLP 26, UBP 14
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
Life expectancy at birth total population: 77.3 years


male: 75.21 years


female: 79.27 years (2002 est.)
-
Literacy definition: age 15 and over can read and write


total population: 98%


male: 98%


female: 99% (1970 est.)
definition:
age 15 and over can read and write

total population:
89%

male:
91%

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


territorial sea: 12 NM
exclusive economic zone:
200 NM

territorial sea:
12 NM
Merchant marine total: 102 ships (1,000 GRT or over) totaling 5,485,450 GRT/8,782,869 DWT


ships by type: bulk 28, cargo 4, container 16, liquefied gas 6, passenger 3, petroleum tanker 17, refrigerated cargo 16, roll on/roll off 9, short-sea passenger 3


note: includes some foreign-owned ships registered here as a flag of convenience: Croatia 5, Denmark 2, Germany 1, Greece 1, Hong Kong 9, Indonesia 1, Norway 2, Sweden 11, United Kingdom 52, United States 13 (2002 est.)
none (2000 est.)
Military - note defense is the responsibility of the UK 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
Military branches no regular indigenous military forces; Bermuda Regiment, Bermuda Police Force, Bermuda Reserve Constabulary -
Military expenditures - dollar figure $4,027,970 (January 2002) -
Military expenditures - percent of GDP 0.11% (FY00/01) -
National holiday Bermuda Day, 24 May Constitution Day, 10 May (1979)
Nationality noun: Bermudian(s)


adjective: Bermudian
noun:
Micronesian(s)

adjective:
Micronesian; Kosrae(s), Pohnpeian(s), Trukese, Yapese
Natural hazards hurricanes (June to November) typhoons (June to December)
Natural resources limestone, pleasant climate fostering tourism forests, marine products, deep-seabed minerals
Net migration rate 2.61 migrant(s)/1,000 population (2002 est.) -
Political parties and leaders National Liberal Party or NLP [Dessaline WALDRON]; Progressive Labor Party or PLP [Jennifer SMITH]; United Bermuda Party or UBP [Chairman Wayne FURBERT] no formal parties
Political pressure groups and leaders Bermuda Employer's Union [Eddie SAINTS]; Bermuda Industrial Union or BIU [Derrick BURGESS]; Bermuda Public Services Association or BPSA [leader NA]; Bermuda Union of Teachers [Michael CHARLES] -
Population 63,960 (July 2002 est.) 134,597 (July 2001 est.)
Population below poverty line NA% NA%
Population growth rate 0.69% (2002 est.) -
Ports and harbors Hamilton, Saint George's, Dockyard Colonia (Yap), Kolonia (Pohnpei), Lele, Moen
Radio broadcast stations AM 5, FM 3, shortwave 0 (1998) AM 5, FM 1, shortwave 0 (1998)
Radios 82,000 (1997) NA
Railways 0 km 0 km
Religions non-Anglican Protestant 39%, Anglican 27%, Roman Catholic 15%, other 19% Roman Catholic 50%, Protestant 47%, other and none 3%
Sex ratio at birth: 0.94 male(s)/female


under 15 years: 0.97 male(s)/female


15-64 years: 0.98 male(s)/female


65 years and over: 0.77 male(s)/female


total population: 0.95 male(s)/female (2002 est.)
-
Suffrage 18 years of age; universal 18 years of age; universal
Telephone system general assessment: NA


domestic: modern, fully automatic telephone system


international: 3 submarine cables; satellite earth stations - 3 Intelsat (Atlantic Ocean)
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 52,000 (1997) 11,000 (2001)
Telephones - mobile cellular 7,980 (1996) NA
Television broadcast stations 3 (1997) 2 (1997)
Terrain low hills separated by fertile depressions islands vary geologically from high mountainous islands to low, coral atolls; volcanic outcroppings on Pohnpei, Kosrae, and Truk
Total fertility rate 1.81 children born/woman (2002 est.) -
Unemployment rate 4.5% (1993) 16% (1999 est.)
Waterways none none
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