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Compare Bermuda (2008) - Micronesia, Federated States of (2001)

Compare Bermuda (2008) z Micronesia, Federated States of (2001)

 Bermuda (2008)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: 18.3% (male 6,094/female 6,014)


15-64 years: 69.2% (male 22,696/female 23,094)


65 years and over: 12.5% (male 3,597/female 4,668) (2007 est.)
0-14 years:
NA%

15-64 years:
NA%

65 years and over:
NA%
Agriculture - products bananas, vegetables, citrus, flowers; dairy products, honey black pepper, tropical fruits and vegetables, coconuts, cassava (tapioca), sweet potatoes; pigs, chickens
Airports 1 (2007) 7 (2000 est.)
Airports - with paved runways total: 1


2,438 to 3,047 m: 1 (2007)
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. Although a referendum on independence from the UK was soundly defeated in 1995, the present government has reopened debate on the issue. 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 11.26 births/1,000 population (2007 est.) -
Budget revenues: $738 million


expenditures: $665 million (FY04/05)
revenues:
$161 million ($69 million less grants)

expenditures:
$160 million, including capital expenditures of $NA (1998 est.)
Capital name: Hamilton


geographic coordinates: 32 17 N, 64 47 W


time difference: UTC-4 (1 hour ahead of Washington, DC during Standard Time)


daylight saving time: +1hr, begins second Sunday in March; ends first Sunday in November
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 - US dollar (USD)
Death rate 7.84 deaths/1,000 population (2007 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: Consul General Gregory W. SLAYTON


consulate(s) general: Crown Hill, 16 Middle Road, Devonshire DVO3


mailing address: P. O. Box HM325, Hamilton HMBX; American Consulate General Hamilton, US 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 $90,000 (2004) 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 the highest per capita income in the world, more than 50% higher than that of the US. Its economy is primarily based on providing financial services for international business and luxury facilities for tourists. A number of reinsurance companies relocated to the island following the 11 September 2001 attacks and again after Hurricane Katrina in August 2005, contributing to the expansion of an already robust international business sector. Bermuda's tourism industry - which derives over 80% of its visitors from the US - continues to struggle but remains the island's number two industry. 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 with only 20% 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 574.8 million kWh (2005) NA kWh
Electricity - exports 0 kWh (2005) -
Electricity - imports 0 kWh (2005) -
Electricity - production 618 million kWh (2005) 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 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 54.8%, white 34.1%, mixed 6.4%, other races 4.3%, unspecified 0.4% (2000 census) 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 Richard GOZNEY (since 12 December 2007)


head of government: Premier Ewart BROWN (since 30 October 2006); Deputy Premier Paula COX


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 0 bbl/day (2005) $73 million (f.o.b., 1996 est.)
Exports - commodities reexports of pharmaceuticals fish, garments, bananas, black pepper
Exports - partners Spain 35.3%, UK 15.7%, Brazil 9.1%, Sweden 7.5% (2006) 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 - $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 - $2,000 (1999 est.)
GDP - real growth rate 4.6% (2004 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:
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 4,250 bbl/day (2004) $168 million (c.i.f., 1996 est.)
Imports - commodities clothing, fuels, machinery and transport equipment, construction materials, chemicals, food and live animals food, manufactured goods, machinery and equipment, beverages
Imports - partners US 71.8%, Venezuela 6.9%, Canada 6.6% (2006) 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 international business, tourism, light manufacturing tourism, construction, fish processing, craft items from shell, wood, and pearls
Infant mortality rate total: 8.08 deaths/1,000 live births


male: 9.58 deaths/1,000 live births


female: 6.56 deaths/1,000 live births (2007 est.)
-
Inflation rate (consumer prices) 2.8% (November 2005) 2.6% (FY98/99)
International organization participation Caricom (associate), Interpol (subbureau), IOC, ITUC, UPU, WCO 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 NA sq km
Judicial branch Supreme Court; Court of Appeal; Magistrate Courts Supreme Court
Labor force 38,360 (2004) NA
Labor force - by occupation agriculture and fishing 3%, laborers 17%, clerical 19%, professional and technical 21%, administrative and managerial 15%, sales 7%, services 19% (2004 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) (2005)
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 (11 seats; members 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 18 December 2007 (next to be held not later than 2012)


election results: percent of vote by party - PLP 52.5%, UBP 47.3%; 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: 78.13 years


male: 76 years


female: 80.29 years (2007 est.)
-
Literacy definition: age 15 and over can read and write


total population: 98%


male: 98%


female: 99% (2005 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: 133 ships (1000 GRT or over) 8,366,999 GRT/8,615,385 DWT


by type: bulk carrier 24, container 22, liquefied gas 30, passenger 23, passenger/cargo 5, petroleum tanker 15, refrigerated cargo 10, roll on/roll off 4


foreign-owned: 126 (Australia 4, Belgium 3, China 10, France 1, Germany 21, Greece 3, Hong Kong 4, Ireland 1, Israel 3, Japan 1, Nigeria 11, Norway 5, Singapore 1, Sweden 15, UK 20, US 23)


registered in other countries: 50 (Bahamas 12, Croatia 2, Marshall Islands 5, Philippines 31) (2007)
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 military forces; Bermuda Police Service, Bermuda Reserve Constabulary, Bermuda Regiment -
Military expenditures - percent of GDP 0.11% (2005 est.) -
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 2.34 migrant(s)/1,000 population (2007 est.) -
Political parties and leaders Progressive Labor Party or PLP [Ewart BROWN]; United Bermuda Party or UBP [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 Union or BPSU [Ed BALL]; Bermuda Union of Teachers [Michael CHARLES] -
Population 66,163 (July 2007 est.) 134,597 (July 2001 est.)
Population below poverty line 19% (2000) NA%
Population growth rate 0.576% (2007 est.) -
Ports and harbors - Colonia (Yap), Kolonia (Pohnpei), Lele, Moen
Radio broadcast stations AM 5, FM 3, shortwave 0 (2005) AM 5, FM 1, shortwave 0 (1998)
Radios - NA
Railways - 0 km
Religions Anglican 23%, Roman Catholic 15%, African Methodist Episcopal 11%, other Protestant 18%, other 12%, unaffiliated 6%, unspecified 1%, none 14% (2000 census) Roman Catholic 50%, Protestant 47%, other and none 3%
Sex ratio at birth: 1.02 male(s)/female


under 15 years: 1.013 male(s)/female


15-64 years: 0.983 male(s)/female


65 years and over: 0.771 male(s)/female


total population: 0.959 male(s)/female (2007 est.)
-
Suffrage 18 years of age; universal 18 years of age; universal
Telephone system general assessment: good


domestic: fully automatic digital telephone system; fiber-optic trunk lines


international: country code - 1-441; landing point for the Atlantica-1 telecommunications submarine cable that extends from the US to Brazil; satellite earth stations - 3 (2007)
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 57,700 (2006) 11,000 (2001)
Telephones - mobile cellular 60,100 (2006) NA
Television broadcast stations 3 (2005) 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 1.88 children born/woman (2007 est.) -
Unemployment rate 2.1% (2004 est.) 16% (1999 est.)
Waterways - none
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