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Compare Micronesia, Federated States of (2001) - Bahamas, The (2008)
Compare Micronesia, Federated States of (2001) z Bahamas, The (2008)
| Micronesia, Federated States of (2001) | Bahamas, The (2008) | |
 |  | |
| Administrative divisions | 4 states; Chuuk (Truk), Kosrae, Pohnpei, Yap | 21 districts; Acklins and Crooked Islands, Bimini, Cat Island, Exuma, Freeport, Fresh Creek, Governor's Harbour, Green Turtle Cay, Harbour Island, High Rock, Inagua, Kemps Bay, Long Island, Marsh Harbour, Mayaguana, New Providence, Nichollstown and Berry Islands, Ragged Island, Rock Sound, Sandy Point, San Salvador and Rum Cay |
| Age structure | 0-14 years:
NA% 15-64 years: NA% 65 years and over: NA% |
0-14 years: 27% (male 41,268/female 41,186)
15-64 years: 66.5% (male 99,961/female 103,230) 65 years and over: 6.5% (male 8,176/female 11,834) (2007 est.) |
| Agriculture - products | black pepper, tropical fruits and vegetables, coconuts, cassava (tapioca), sweet potatoes; pigs, chickens | citrus, vegetables; poultry |
| Airports | 7 (2000 est.) | 62 (2007) |
| Airports - with paved runways | total:
6 1,524 to 2,437 m: 4 914 to 1,523 m: 2 (2000 est.) |
total: 24
over 3,047 m: 2 2,438 to 3,047 m: 3 1,524 to 2,437 m: 12 914 to 1,523 m: 7 (2007) |
| Airports - with unpaved runways | total:
1 914 to 1,523 m: 1 (2000 est.) |
total: 38
1,524 to 2,437 m: 5 914 to 1,523 m: 11 under 914 m: 22 (2007) |
| Area | total:
702 sq km land: 702 sq km water: 0 sq km note: includes Pohnpei (Ponape), Truk (Chuuk) Islands, Yap Islands, and Kosrae |
total: 13,940 sq km
land: 10,070 sq km water: 3,870 sq km |
| Area - comparative | four times the size of Washington, DC | slightly smaller than Connecticut |
| 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. | Lucayan Indians inhabited the islands when Christopher COLUMBUS first set foot in the New World on San Salvador in 1492. British settlement of the islands began in 1647; the islands became a colony in 1783. Since attaining independence from the UK in 1973, The Bahamas have prospered through tourism and international banking and investment management. Because of its geography, the country is a major transshipment point for illegal drugs, particularly shipments to the US and Europe, and its territory is used for smuggling illegal migrants into the US. |
| Birth rate | - | 17.3 births/1,000 population (2007 est.) |
| Budget | revenues:
$161 million ($69 million less grants) expenditures: $160 million, including capital expenditures of $NA (1998 est.) |
revenues: $1.03 billion
expenditures: $1.03 billion (FY04/05) |
| Capital | Palikir | name: Nassau
geographic coordinates: 25 05 N, 77 21 W time difference: UTC-5 (same time as Washington, DC during Standard Time) daylight saving time: +1hr, begins second Sunday in March; ends first Sunday in November |
| Climate | tropical; heavy year-round rainfall, especially in the eastern islands; located on southern edge of the typhoon belt with occasionally severe damage | tropical marine; moderated by warm waters of Gulf Stream |
| Coastline | 6,112 km | 3,542 km |
| Constitution | 10 May 1979 | 10 July 1973 |
| 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 |
conventional long form: Commonwealth of The Bahamas
conventional short form: The Bahamas |
| Currency | US dollar (USD) | - |
| Death rate | - | 9.13 deaths/1,000 population (2007 est.) |
| Debt - external | $111 million (1997 est.) | $342.6 million (2004 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 |
chief of mission: Ambassador Ned L. SIEGEL
embassy: 42 Queen Street, Nassau mailing address: local or express mail address: P. O. Box N-8197, Nassau; US Department of State, 3370 Nassau Place, Washington, DC 20521-3370 telephone: [1] (242) 322-1181, 356-3229 (after hours) FAX: [1] (242) 356-0222 |
| 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) |
chief of mission: Ambassador Cornelius A. SMITH
chancery: 2220 Massachusetts Avenue NW, Washington, DC 20008 telephone: [1] (202) 319-2660 FAX: [1] (202) 319-2668 consulate(s) general: Miami, New York |
| Disputes - international | none | disagrees with the US on the alignment of a potential maritime boundary; continues to monitor and interdict drug dealers and Haitian refugees in Bahamian waters |
| 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 | $4.78 million (2004) |
| 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. | The Bahamas is one of the wealthiest Caribbean countries with an economy heavily dependent on tourism and offshore banking. Tourism together with tourism-driven construction and manufacturing accounts for approximately 60% of GDP and directly or indirectly employs half of the archipelago's labor force. Steady growth in tourism receipts and a boom in construction of new hotels, resorts, and residences had led to solid GDP growth in recent years, but tourist arrivals have been on the decline since 2006. Financial services constitute the second-most important sector of the Bahamian economy and, when combined with business services, account for about 36% of GDP. However, since December 2000, when the government enacted new regulations on the financial sector, many international businesses have left The Bahamas. Manufacturing and agriculture combined contribute approximately a tenth of GDP and show little growth, despite government incentives aimed at those sectors. Overall growth prospects in the short run rest heavily on the fortunes of the tourism sector. Tourism, in turn, depends on growth in the US, the source of more than 80% of the visitors. |
| Electricity - consumption | NA kWh | 1.762 billion kWh (2005) |
| Electricity - exports | - | 0 kWh (2005) |
| Electricity - imports | - | 0 kWh (2005) |
| Electricity - production | NA kWh | 1.894 billion kWh (2005) |
| 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 |
lowest point: Atlantic Ocean 0 m
highest point: Mount Alvernia, on Cat Island 63 m |
| Environment - current issues | overfishing | coral reef decay; solid waste disposal |
| 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 |
party to: Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Hazardous Wastes, Law of the Sea, Ozone Layer Protection, Ship Pollution, Wetlands
signed, but not ratified: none of the selected agreements |
| Ethnic groups | nine ethnic Micronesian and Polynesian groups | black 85%, white 12%, Asian and Hispanic 3% |
| Exchange rates | the US dollar is used | Bahamian dollars per US dollar - 1 (2007), 1 (2006), 1 (2005), 1 (2004), 1 (2003) |
| 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% |
chief of state: Queen ELIZABETH II (since 6 February 1952); represented by Governor General Arthur D. HANNA (since 1 February 2006)
head of government: Prime Minister Hubert A. INGRAHAM (since 4 May 2007) cabinet: Cabinet appointed by the governor general on the prime minister's recommendation elections: none; the monarch is hereditary; governor general appointed by the monarch; following legislative elections, the leader of the majority party or the leader of the majority coalition is usually appointed prime minister by the governor general; the prime minister recommends the deputy prime minister |
| Exports | $73 million (f.o.b., 1996 est.) | transshipments of 41,290 bbl/day (2004) |
| Exports - commodities | fish, garments, bananas, black pepper | mineral products and salt, animal products, rum, chemicals, fruit and vegetables |
| Exports - partners | Japan, US, Guam | Spain 22.3%, US 19.8%, Poland 13.5%, Germany 13%, UK 5.7%, Guatemala 4.9% (2006) |
| Fiscal year | 1 October - 30 September | 1 July - 30 June |
| Flag description | light blue with four white five-pointed stars centered; the stars are arranged in a diamond pattern | three equal horizontal bands of aquamarine (top), gold, and aquamarine, with a black equilateral triangle based on the hoist side |
| 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.) |
agriculture: 3%
industry: 7% services: 90% (2001 est.) |
| GDP - per capita | purchasing power parity - $2,000 (1999 est.) | - |
| GDP - real growth rate | 0.3% (1999 est.) | 2.8% (2007 est.) |
| Geographic coordinates | 6 55 N, 158 15 E | 24 15 N, 76 00 W |
| Geography - note | four major island groups totaling 607 islands | strategic location adjacent to US and Cuba; extensive island chain of which 30 are inhabited |
| Heliports | - | 1 (2007) |
| 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%: 27% (2000) |
| Illicit drugs | - | transshipment point for cocaine and marijuana bound for US and Europe; offshore financial center |
| Imports | $168 million (c.i.f., 1996 est.) | 68,250 bbl/day (2004) |
| Imports - commodities | food, manufactured goods, machinery and equipment, beverages | machinery and transport equipment, manufactures, chemicals, mineral fuels; food and live animals |
| Imports - partners | US, Japan, Australia | US 24.7%, Brazil 15.7%, Japan 13.1%, South Korea 7.8%, Spain 6.2% (2006) |
| Independence | 3 November 1986 (from the US-administered UN Trusteeship) | 10 July 1973 (from UK) |
| Industrial production growth rate | NA% | NA% |
| Industries | tourism, construction, fish processing, craft items from shell, wood, and pearls | tourism, banking, cement, oil transshipment, salt, rum, aragonite, pharmaceuticals, spiral-welded steel pipe |
| Infant mortality rate | - | total: 24.17 deaths/1,000 live births
male: 29.58 deaths/1,000 live births female: 18.65 deaths/1,000 live births (2007 est.) |
| Inflation rate (consumer prices) | 2.6% (FY98/99) | 2.4% (2007 est.) |
| 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 | ACP, C, Caricom, CDB, FAO, G-77, IADB, IBRD, ICAO, ICCt (signatory), ICFTU, ICRM, IDA, IFC, IFRCS, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, ITSO, ITU, LAES, MIGA, NAM, OAS, OPANAL, OPCW (signatory), UN, UNCTAD, UNESCO, UNIDO, UNWTO, UPU, WCO, WHO, WIPO, WMO, WTO (observer) |
| Internet Service Providers (ISPs) | 1 (2000) | - |
| Irrigated land | NA sq km | 10 sq km (2003) |
| Judicial branch | Supreme Court | Privy Council (London); Courts of Appeal; Supreme (lower) Court; magistrates courts |
| Labor force | NA | 181,900 (2006) |
| Labor force - by occupation | two-thirds are government employees | agriculture 5%, industry 5%, tourism 50%, other services 40% (2005 est.) |
| Land boundaries | 0 km | 0 km |
| Land use | arable land:
NA% permanent crops: NA% permanent pastures: NA% forests and woodland: NA% other: NA% |
arable land: 0.58%
permanent crops: 0.29% other: 99.13% (2005) |
| Languages | English (official and common language), Trukese, Pohnpeian, Yapese, Kosrean | English (official), Creole (among Haitian immigrants) |
| Legal system | based on adapted Trust Territory laws, acts of the legislature, municipal, common, and customary laws | based on English common law |
| 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 |
bicameral Parliament consists of the Senate (16 seats; members appointed by the governor general upon the advice of the prime minister and the opposition leader to serve five-year terms) and the House of Assembly (41 seats; members elected by direct popular vote to serve five-year terms); the government may dissolve the Parliament and call elections at any time
elections: last held 2 May 2007 (next to be called by May 2012) election results: percent of vote by party - FNM 49.86%, PLP 47.02%; seats by party - FNM 23, PLP 18 |
| Life expectancy at birth | - | total population: 65.66 years
male: 62.37 years female: 69.02 years (2007 est.) |
| Literacy | definition:
age 15 and over can read and write total population: 89% male: 91% female: 88% (1980 est.) |
definition: age 15 and over can read and write
total population: 95.6% male: 94.7% female: 96.5% (2003 est.) |
| Location | Oceania, island group in the North Pacific Ocean, about three-quarters of the way from Hawaii to Indonesia | Caribbean, chain of islands in the North Atlantic Ocean, southeast of Florida, northeast of Cuba |
| Map references | Oceania | Central America and the Caribbean |
| Maritime claims | exclusive economic zone:
200 NM territorial sea: 12 NM |
territorial sea: 12 nm
exclusive economic zone: 200 nm |
| Merchant marine | none (2000 est.) | total: 1,213 ships (1000 GRT or over) 40,403,455 GRT/54,276,183 DWT
by type: barge carrier 1, bulk carrier 225, cargo 240, chemical tanker 84, combination ore/oil 13, container 72, liquefied gas 49, livestock carrier 2, passenger 117, passenger/cargo 34, petroleum tanker 196, refrigerated cargo 118, roll on/roll off 18, specialized tanker 4, specialized tanker 1, vehicle carrier 39 foreign-owned: 1,134 (Angola 6, Australia 3, Belgium 15, Bermuda 12, Brazil 1, Canada 13, China 9, Croatia 1, Cuba 1, Cyprus 20, Denmark 66, Finland 8, France 43, Germany 40, Greece 214, Hong Kong 3, Iceland 1, Indonesia 3, Ireland 2, Italy 1, Japan 62, Jordan 2, Kenya 1, Malaysia 11, Monaco 11, Montenegro 2, Netherlands 24, Nigeria 2, Norway 232, Philippines 1, Poland 15, Russia 5, Saudi Arabia 15, Singapore 9, Slovenia 1, South Africa 1, Spain 11, Sweden 5, Switzerland 2, Taiwan 1, Thailand 1, Trinidad and Tobago 1, Turkey 5, UAE 20, UK 68, US 162, Uruguay 1, Venezuela 1) registered in other countries: 3 (Barbados 1, Panama 2) (2007) |
| 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 | - |
| Military branches | - | Royal Bahamian Defense Force: Land Force, Navy, Air Wing (2007) |
| Military expenditures - percent of GDP | - | 0.5% (2006) |
| National holiday | Constitution Day, 10 May (1979) | Independence Day, 10 July (1973) |
| Nationality | noun:
Micronesian(s) adjective: Micronesian; Kosrae(s), Pohnpeian(s), Trukese, Yapese |
noun: Bahamian(s)
adjective: Bahamian |
| Natural hazards | typhoons (June to December) | hurricanes and other tropical storms cause extensive flood and wind damage |
| Natural resources | forests, marine products, deep-seabed minerals | salt, aragonite, timber, arable land |
| Net migration rate | - | -2.15 migrant(s)/1,000 population (2007 est.) |
| Political parties and leaders | no formal parties | Free National Movement or FNM [Hubert INGRAHAM]; Progressive Liberal Party or PLP [Perry CHRISTIE] |
| Political pressure groups and leaders | - | NA |
| Population | 134,597 (July 2001 est.) | 305,655
note: estimates for this country explicitly take into account the effects of excess mortality due to AIDS; this can result in lower life expectancy, higher infant mortality and death rates, lower population and growth rates, and changes in the distribution of population by age and sex than would otherwise be expected (July 2007 est.) |
| Population below poverty line | NA% | 9.3% (2004) |
| Population growth rate | - | 0.602% (2007 est.) |
| Ports and harbors | Colonia (Yap), Kolonia (Pohnpei), Lele, Moen | - |
| Radio broadcast stations | AM 5, FM 1, shortwave 0 (1998) | AM 3, FM 5, shortwave 0 (2006) |
| Radios | NA | - |
| Railways | 0 km | - |
| Religions | Roman Catholic 50%, Protestant 47%, other and none 3% | Baptist 35.4%, Anglican 15.1%, Roman Catholic 13.5%, Pentecostal 8.1%, Church of God 4.8%, Methodist 4.2%, other Christian 15.2%, none or unspecified 2.9%, other 0.8% (2000 census) |
| Sex ratio | - | at birth: 1.02 male(s)/female
under 15 years: 1.002 male(s)/female 15-64 years: 0.968 male(s)/female 65 years and over: 0.691 male(s)/female total population: 0.956 male(s)/female (2007 est.) |
| Suffrage | 18 years of age; universal | 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) |
general assessment: modern facilities
domestic: totally automatic system; highly developed; the Bahamas Domestic Submarine Network links 14 of the islands and is designed to satisfy increasing demand for voice and broadband internet services international: country code - 1-242; landing point for the Americas Region Caribbean Ring System (ARCOS-1) fiber-optic submarine cable that provides links to South and Central America, parts of the Caribbean, and the US; satellite earth station - 2 (2007) |
| Telephones - main lines in use | 11,000 (2001) | 133,100 (2005) |
| Telephones - mobile cellular | NA | 227,800 (2005) |
| Television broadcast stations | 2 (1997) | 2 (2006) |
| Terrain | islands vary geologically from high mountainous islands to low, coral atolls; volcanic outcroppings on Pohnpei, Kosrae, and Truk | long, flat coral formations with some low rounded hills |
| Total fertility rate | - | 2.15 children born/woman (2007 est.) |
| Unemployment rate | 16% (1999 est.) | 7.6% (2006 est.) |
| Waterways | none | - |
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