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

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

 Micronesia, Federated States of (2001)Bermuda (2008)
 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 George's, Sandys, Smith's, Southampton, Warwick
Age structure 0-14 years:
NA%

15-64 years:
NA%

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


land: 53.3 sq km


water: 0 sq km
Area - comparative four times the size of Washington, DC about one-third 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. 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.
Birth rate - 11.26 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: $738 million


expenditures: $665 million (FY04/05)
Capital Palikir 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
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 and 2003
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) -
Death rate - 7.84 deaths/1,000 population (2007 est.)
Debt - external $111 million (1997 est.) $160 million (FY99/00)
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 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
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 $90,000 (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. 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.
Electricity - consumption NA kWh 574.8 million kWh (2005)
Electricity - exports - 0 kWh (2005)
Electricity - imports - 0 kWh (2005)
Electricity - production NA kWh 618 million 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: Town Hill 76 m
Environment - current issues overfishing sustainable development
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 54.8%, white 34.1%, mixed 6.4%, other races 4.3%, unspecified 0.4% (2000 census)
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 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
Exports $73 million (f.o.b., 1996 est.) 0 bbl/day (2005)
Exports - commodities fish, garments, bananas, black pepper reexports of pharmaceuticals
Exports - partners Japan, US, Guam Spain 35.3%, UK 15.7%, Brazil 9.1%, Sweden 7.5% (2006)
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
-
GDP - composition by sector agriculture:
19%

industry:
4%

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


industry: 10%


services: 89% (2002 est.)
GDP - per capita purchasing power parity - $2,000 (1999 est.) -
GDP - real growth rate 0.3% (1999 est.) 4.6% (2004 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 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
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 $168 million (c.i.f., 1996 est.) 4,250 bbl/day (2004)
Imports - commodities food, manufactured goods, machinery and equipment, beverages clothing, fuels, machinery and transport equipment, construction materials, chemicals, food and live animals
Imports - partners US, Japan, Australia US 71.8%, Venezuela 6.9%, Canada 6.6% (2006)
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 international business, tourism, light manufacturing
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) 2.6% (FY98/99) 2.8% (November 2005)
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 (associate), Interpol (subbureau), IOC, ITUC, UPU, WCO
Internet Service Providers (ISPs) 1 (2000) -
Irrigated land NA sq km NA
Judicial branch Supreme Court Supreme Court; Court of Appeal; Magistrate Courts
Labor force NA 38,360 (2004)
Labor force - by occupation two-thirds are government employees agriculture and fishing 3%, laborers 17%, clerical 19%, professional and technical 21%, administrative and managerial 15%, sales 7%, services 19% (2004 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: 20%


permanent crops: 0%


other: 80% (55% developed, 45% rural/open space) (2005)
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 (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
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:
89%

male:
91%

female:
88% (1980 est.)
definition: age 15 and over can read and write


total population: 98%


male: 98%


female: 99% (2005 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 South Carolina (US)
Map references Oceania North America
Maritime claims exclusive economic zone:
200 NM

territorial sea:
12 NM
territorial sea: 12 nm


exclusive fishing zone: 200 nm
Merchant marine none (2000 est.) 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)
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 - no regular military forces; Bermuda Police Service, Bermuda Reserve Constabulary, Bermuda Regiment
Military expenditures - percent of GDP - 0.11% (2005 est.)
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 - 2.34 migrant(s)/1,000 population (2007 est.)
Political parties and leaders no formal parties Progressive Labor Party or PLP [Ewart BROWN]; United Bermuda Party or UBP [Wayne FURBERT]
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 134,597 (July 2001 est.) 66,163 (July 2007 est.)
Population below poverty line NA% 19% (2000)
Population growth rate - 0.576% (2007 est.)
Ports and harbors Colonia (Yap), Kolonia (Pohnpei), Lele, Moen -
Radio broadcast stations AM 5, FM 1, shortwave 0 (1998) AM 5, FM 3, shortwave 0 (2005)
Radios NA -
Railways 0 km -
Religions Roman Catholic 50%, Protestant 47%, other and none 3% Anglican 23%, Roman Catholic 15%, African Methodist Episcopal 11%, other Protestant 18%, other 12%, unaffiliated 6%, unspecified 1%, none 14% (2000 census)
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:
adequate system

domestic:
islands interconnected by shortwave radiotelephone (used mostly for government purposes)

international:
satellite earth stations - 4 Intelsat (Pacific Ocean)
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)
Telephones - main lines in use 11,000 (2001) 57,700 (2006)
Telephones - mobile cellular NA 60,100 (2006)
Television broadcast stations 2 (1997) 3 (2005)
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 - 1.88 children born/woman (2007 est.)
Unemployment rate 16% (1999 est.) 2.1% (2004 est.)
Waterways none -
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