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

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

 Micronesia, Federated States of (2001)Bermuda (2001)
 Micronesia, Federated States ofBermuda
Administrative divisions 4 states; Chuuk (Truk), Kosrae, Pohnpei, Yap 9 parishes and 2 municipalities*; Devonshire, Hamilton, Hamilton*, Paget, Pembroke, Saint George*, Saint Georges, Sandys, Smiths, Southampton, Warwick
Age structure 0-14 years:
NA%

15-64 years:
NA%

65 years and over:
NA%
0-14 years:
19.4% (male 6,091; female 6,230)

15-64 years:
69.43% (male 21,783; female 22,309)

65 years and over:
11.17% (male 3,073; female 4,017) (2001 est.)
Agriculture - products black pepper, tropical fruits and vegetables, coconuts, cassava (tapioca), sweet potatoes; pigs, chickens bananas, vegetables, citrus, flowers; dairy products
Airports 7 (2000 est.) 1 (2000 est.)
Airports - with paved runways total:
6

1,524 to 2,437 m:
4

914 to 1,523 m:
2 (2000 est.)
total:
1

2,438 to 3,047 m:
1 (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
total:
58.8 sq km

land:
58.8 sq km

water:
0 sq km
Area - comparative four times the size of Washington, DC about 0.3 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. 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. Bermuda has developed into a highly successful offshore financial center. A referendum on independence was soundly defeated in 1995.
Birth rate - 12.16 births/1,000 population (2001 est.)
Budget revenues:
$161 million ($69 million less grants)

expenditures:
$160 million, including capital expenditures of $NA (1998 est.)
revenues:
$504.6 million

expenditures:
$537 million, including capital expenditures of $75 million (FY97/98)
Capital Palikir Hamilton
Climate tropical; heavy year-round rainfall, especially in the eastern islands; located on southern edge of the typhoon belt with occasionally severe damage subtropical; mild, humid; gales, strong winds common in winter
Coastline 6,112 km 103 km
Constitution 10 May 1979 8 June 1968, amended 1989
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:
none

conventional short form:
Bermuda

former:
Somers Islands
Currency US dollar (USD) Bermudian dollar (BMD)
Death rate - 7.42 deaths/1,000 population (2001 est.)
Debt - external $111 million (1997 est.) $NA
Dependency status - overseas territory of the UK
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:
Consul General Lawrence D. OWEN

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

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

telephone:
[1] (441) 295-1342

FAX:
[1] (441) 295-1592
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)
none (overseas territory of the UK)
Disputes - international none 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 $27.9 million (1995)
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. Bermuda enjoys one of the highest per capita incomes in the world, having successfully exploited its location by providing financial services for international firms and luxury tourist facilities for 360,000 visitors annually. The tourist industry, which accounts for an estimated 28% of GDP, attracts 84% of its business from North America. The industrial sector is small, and agriculture is severely limited by a lack of suitable land. About 80% of food needs are imported. International business contributes over 60% of Bermuda's economic output; a failed independence vote in late 1995 can be partially attributed to Bermudian fears of scaring away foreign firms. Government economic priorities are the further strengthening of the tourist and international financial sectors.
Electricity - consumption NA kWh 511.5 million kWh (1999)
Electricity - exports - 0 kWh (1999)
Electricity - imports - 0 kWh (1999)
Electricity - production NA kWh 550 million kWh (1999)
Electricity - production by source fossil fuel:
NA%

hydro:
NA%

nuclear:
NA%

other:
NA%
fossil fuel:
100%

hydro:
0%

nuclear:
0%

other:
0% (1999)
Elevation extremes lowest point:
Pacific Ocean 0 m

highest point:
Totolom 791 m
lowest point:
Atlantic Ocean 0 m

highest point:
Town Hill 76 m
Environment - current issues overfishing asbestos disposal; water pollution; preservation of open space
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 black 58%, white 36%, other 6%
Exchange rates the US dollar is used Bermudian dollar per US dollar - 1.0000 (fixed rate pegged to the US dollar)
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 Thorold MASEFIELD (since NA June 1997)

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; governor invites leader of largest party in Parliament to form a government as premier
Exports $73 million (f.o.b., 1996 est.) $56 million (2000 est.)
Exports - commodities fish, garments, bananas, black pepper reexports of pharmaceuticals
Exports - partners Japan, US, Guam UK 29.5%, US 9.8% (1997)
Fiscal year 1 October - 30 September 1 April - 31 March
Flag description light blue with four white five-pointed stars centered; the stars are arranged in a diamond pattern 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
GDP purchasing power parity - $263 million (1999 est.)

note:
GDP is supplemented by grant aid, averaging perhaps $100 million annually
purchasing power parity - $2.1 billion (2000 est.)
GDP - composition by sector agriculture:
19%

industry:
4%

services:
77% (1996 est.)
agriculture:
1%

industry:
10%

services:
89% (1995 est.)
GDP - per capita purchasing power parity - $2,000 (1999 est.) purchasing power parity - $33,000 (2000 est.)
GDP - real growth rate 0.3% (1999 est.) 1.5% (2000 est.)
Geographic coordinates 6 55 N, 158 15 E 32 20 N, 64 45 W
Geography - note four major island groups totaling 607 islands consists of about 360 small coral islands with ample rainfall, but no rivers or freshwater lakes; some land, reclaimed and otherwise, was leased by US Government from 1941 to 1995
Highways total:
240 km

paved:
42 km

unpaved:
198 km (1996)
total:
225 km

paved:
225 km

unpaved:
0 km

note:
in addition, there are 232 km of paved and unpaved roads that are privately owned (1997)
Household income or consumption by percentage share lowest 10%:
NA%

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

highest 10%:
NA%
Imports $168 million (c.i.f., 1996 est.) $739 million (2000 est.)
Imports - commodities food, manufactured goods, machinery and equipment, beverages machinery and transport equipment, construction materials, chemicals, food and live animals
Imports - partners US, Japan, Australia US 34%, UK 9%, Mexico 8% (1997)
Independence 3 November 1986 (from the US-administered UN Trusteeship) none (overseas territory of the UK)
Industrial production growth rate NA% NA%
Industries tourism, construction, fish processing, craft items from shell, wood, and pearls tourism, finance, insurance, structural concrete products, paints, perfumes, pharmaceuticals, ship repairing
Infant mortality rate - 9.55 deaths/1,000 live births (2001 est.)
Inflation rate (consumer prices) 2.6% (FY98/99) 2.7% (2000 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 Caricom (observer), CCC, ICFTU, Interpol (subbureau), IOC
Internet Service Providers (ISPs) 1 (2000) 20 (2000)
Irrigated land NA sq km NA sq km
Judicial branch Supreme Court Supreme Court; Court of Appeal; Magistrate Courts
Labor force NA 35,296 (1997)
Labor force - by occupation two-thirds are government employees clerical 23%, services 22%, laborers 17%, professional and technical 17%, administrative and managerial 12%, sales 7%, agriculture and fishing 2% (1996)
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:
6%

permanent crops:
0%

permanent pastures:
0%

forests and woodland:
0%

other:
94% (55% developed, 39% rural/open space) (1997 est.)
Languages English (official and common language), Trukese, Pohnpeian, Yapese, Kosrean English (official), Portuguese
Legal system based on adapted Trust Territory laws, acts of the legislature, municipal, common, and customary laws English 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 (an 11-member body appointed by the governor) and the House of Assembly (40 seats; members are elected by popular vote to serve five-year terms)

elections:
last 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
Life expectancy at birth - total population:
77.12 years

male:
75.04 years

female:
79.06 years (2001 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:
98%

male:
98%

female:
99% (1970 est.)
Location Oceania, island group in the North Pacific Ocean, about three-quarters of the way from Hawaii to Indonesia North America, group of islands in the North Atlantic Ocean, east of North Carolina (US)
Map references Oceania North America
Maritime claims exclusive economic zone:
200 NM

territorial sea:
12 NM
exclusive fishing zone:
200 NM

territorial sea:
12 NM
Merchant marine none (2000 est.) total:
105 ships (1,000 GRT or over) totaling 5,836,538 GRT/9,728,045 DWT

ships by type:
bulk 27, cargo 4, container 15, liquefied gas 7, passenger 2, petroleum tanker 23, refrigerated cargo 16, roll on/roll off 8, short-sea passenger 3

note:
includes some foreign-owned ships registered here as a flag of convenience: Canada 10, Hong Kong 10, Japan 1, Nigeria 4, Saudi Arabia 1, Sweden 3, Switzerland 2, UK 10, US 7 (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 defense is the responsibility of the UK
Military branches - Bermuda Regiment, Bermuda Police Force, Bermuda Reserve Constabulary
Military expenditures - dollar figure - $NA
Military expenditures - percent of GDP - NA%
National holiday Constitution Day, 10 May (1979) Bermuda Day, 24 May
Nationality noun:
Micronesian(s)

adjective:
Micronesian; Kosrae(s), Pohnpeian(s), Trukese, Yapese
noun:
Bermudian(s)

adjective:
Bermudian
Natural hazards typhoons (June to December) hurricanes (June to November)
Natural resources forests, marine products, deep-seabed minerals limestone, pleasant climate fostering tourism
Net migration rate - 2.66 migrant(s)/1,000 population (2001 est.)
Political parties and leaders no formal parties National Liberal Party or NLP [Dessaline WALDRON]; Progressive Labor Party or PLP [Jennifer SMITH]; United Bermuda Party or UBP [Pamela GORDON]
Political pressure groups and leaders - Bermuda Industrial Union or BIU [Derrick BURGESS]; Bermuda Public Services Association or BPSA [Betty CHRISTOPHER]
Population 134,597 (July 2001 est.) 63,503 (July 2001 est.)
Population below poverty line NA% NA%
Population growth rate - 0.74% (2001 est.)
Ports and harbors Colonia (Yap), Kolonia (Pohnpei), Lele, Moen Hamilton, Saint George
Radio broadcast stations AM 5, FM 1, shortwave 0 (1998) AM 5, FM 3, shortwave 0 (1998)
Radios NA 82,000 (1997)
Railways 0 km 0 km
Religions Roman Catholic 50%, Protestant 47%, other and none 3% non-Anglican Protestant 39%, Anglican 27%, Roman Catholic 15%, other 19%
Sex ratio - at birth:
0.94 male(s)/female

under 15 years:
0.98 male(s)/female

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

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

total population:
0.95 male(s)/female (2001 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:
NA

domestic:
modern, fully automatic telephone system

international:
3 submarine cables; satellite earth stations - 3 Intelsat (Atlantic Ocean)
Telephones - main lines in use 11,000 (2001) 52,000 (1997)
Telephones - mobile cellular NA 7,980 (1996)
Television broadcast stations 2 (1997) 3 (1997)
Terrain islands vary geologically from high mountainous islands to low, coral atolls; volcanic outcroppings on Pohnpei, Kosrae, and Truk low hills separated by fertile depressions
Total fertility rate - 1.81 children born/woman (2001 est.)
Unemployment rate 16% (1999 est.) NEGL% (1995)
Waterways none none
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