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Compare Bermuda (2004) - Micronesia, Federated States of (2001)
Compare Bermuda (2004) z Micronesia, Federated States of (2001)
| Bermuda (2004) | Micronesia, Federated States of (2001) | |
 |  | |
| 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: 19.1% (male 6,192; female 6,186)
15-64 years: 69.3% (male 22,268; female 22,703) 65 years and over: 11.7% (male 3,295; female 4,291) (2004 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 (2003 est.) | 7 (2000 est.) |
| Airports - with paved runways | total: 1
2,438 to 3,047 m: 1 (2004 est.) |
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 | 11.83 births/1,000 population (2004 est.) | - |
| Budget | revenues: $671.1 million
expenditures: $594.6 million, including capital expenditures of $55 million (FY03/04) |
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 and 2003 | 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 | 7.55 deaths/1,000 population (2004 est.) | - |
| Debt - external | $160 million (FY99/00) | $111 million (1997 est.) |
| Dependency status | overseas territory of the UK | - |
| Diplomatic representation from the US | chief of mission: Deputy Chief of Mission Antoinette BOECKER
consulate(s) general: Crown Hill, 16 Middle Road, Devonshire DVO3 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, equal to that of the US. Its economy is 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 tourism industry - which derives over 80% of its visitors from the US - was severely hit as American tourists chose not to travel. Tourism rebounded somewhat in 2002-03. Most capital equipment and food must be imported. Bermuda's industrial sector is small, although construction continues to be important; the average cost of a house in June 2003 had risen to $976,000. 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 | 598.6 million kWh (2001) | NA kWh |
| Electricity - exports | 0 kWh (2001) | - |
| Electricity - imports | 0 kWh (2001) | - |
| Electricity - production | 643.7 million kWh (2001) | NA kWh |
| Electricity - production by source | - | 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 Alex SCOTT (since 24 July 2003); Deputy Premier Ewart BROWN 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 | NA (2001) | $73 million (f.o.b., 1996 est.) |
| Exports - commodities | reexports of pharmaceuticals | fish, garments, bananas, black pepper |
| Exports - partners | France 62%, Norway 13.8%, UK 7.5% (2003) | 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 - $2.33 billion (2003 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% (2002 est.) |
agriculture:
19% industry: 4% services: 77% (1996 est.) |
| GDP - per capita | purchasing power parity - $36,000 (2003 est.) | purchasing power parity - $2,000 (1999 est.) |
| GDP - real growth rate | 2% (2003 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 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 | NA (2001) | $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 | Kazakhstan 46.7%, France 32.5%, US 8.5% (2003) | 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 | total: 8.79 deaths/1,000 live births
male: 10.45 deaths/1,000 live births female: 7.1 deaths/1,000 live births (2004 est.) |
- |
| Inflation rate (consumer prices) | 3.3% (mid-2003 est.) | 2.6% (FY98/99) |
| International organization participation | Caricom (associate), ICFTU, Interpol (subbureau), IOC, UPU, WCO, Egmont Group, Caribbean Financial Action Task Force | 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 | NA sq km |
| Judicial branch | Supreme Court; Court of Appeal; Magistrate Courts | Supreme Court |
| Labor force | 37,470 (2000) | NA |
| Labor force - by occupation | agriculture and fishing 3%, laborers 17%, clerical 22%, professional and technical 17%, administrative and managerial 13%, sales 8%, services 20% (2000 est.) | two-thirds are government employees |
| Land boundaries | 0 km | 0 km |
| Land use | arable land: 20%
permanent crops: 0% other: 80% (55% developed, 45% rural/open space) (2001) |
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 (36 seats; members are elected by popular vote to serve up to five-year terms)
elections: last general election held 24 July 2003 (next to be held NA July 2008) election results: percent of vote by party - PLP 51.7%, UBP 48%; seats by party - PLP 22, 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: 77.6 years
male: 75.54 years female: 79.7 years (2004 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 South 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 | territorial sea: 12 nm
exclusive fishing zone: 200 nm |
exclusive economic zone:
200 NM territorial sea: 12 NM |
| Merchant marine | total: 94 ships (1,000 GRT or over) 4,845,326 GRT/6,501,782 DWT
by type: bulk 25, cargo 4, container 17, liquefied gas 9, passenger 6, petroleum tanker 9, refrigerated cargo 11, roll on/roll off 10, short-sea/passenger 3 foreign-owned: Croatia 5, Germany 2, Greece 21, Hong Kong 9, Indonesia 1, Sweden 6, Switzerland 1, United Kingdom 33, United States 12 registered in other countries: 2 (2004 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 | Bermuda Regiment | - |
| Military expenditures - dollar figure | $4.03 million (2001) | - |
| 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 | 2.49 migrant(s)/1,000 population (2004 est.) | - |
| Political parties and leaders | Gombey Liberation Party or GLP [Gavin Sundjata SMITH]; National Liberal Party or NLP [Dessaline WALDRON]; Progressive Labor Party or PLP [William Alexander SCOTT]; United Bermuda Party or UBP [Grant GIBBONS]; | no formal parties |
| Political pressure groups and leaders | Bermuda Employer's Union [Eddie SAINTS]; Bermuda Industrial Union or BIU [Derrick BURGESS]; Bermuda Public Services Union or BPSU [Ed BALL]; Bermuda Union of Teachers [Michael CHARLES] | - |
| Population | 64,935 (July 2004 est.) | 134,597 (July 2001 est.) |
| Population below poverty line | 19% (2000) | NA% |
| Population growth rate | 0.68% (2004 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 | - | NA |
| Railways | - | 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: 1.02 male(s)/female
under 15 years: 1 male(s)/female 15-64 years: 0.98 male(s)/female 65 years and over: 0.77 male(s)/female total population: 0.96 male(s)/female (2004 est.) |
- |
| Suffrage | 18 years of age; universal | 18 years of age; universal |
| Telephone system | general assessment: good
domestic: modern, fully automatic telephone system international: country code - 1-441; 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 | 56,000 (2002) | 11,000 (2001) |
| Telephones - mobile cellular | 37,873 (2003) | NA |
| Television broadcast stations | 4 (2003) | 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 | 1.9 children born/woman (2004 est.) | - |
| Unemployment rate | 5% (2002 est.) | 16% (1999 est.) |
| Waterways | - | none |
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