Compare Micronesia, Federated States of (2002) - Bermuda (2002)

Compare Micronesia, Federated States of (2002) z Bermuda (2002)

	Micronesia, Federated States of (2002)	Bermuda (2002)

Administrative divisions	4 states; Chuuk (Truk), Kosrae (Kosaie), Pohnpei (Ponape), 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: 19.2% (male 6,058; female 6,225) 15-64 years: 69.4% (male 21,950; female 22,442) 65 years and over: 11.4% (male 3,163; female 4,122) (2002 est.)
Agriculture - products	black pepper, tropical fruits and vegetables, coconuts, cassava (tapioca), sweet potatoes; pigs, chickens	bananas, vegetables, citrus, flowers; dairy products
Airports	7 (2001)	1 (2002)
Airports - with paved runways	total: 6 1,524 to 2,437 m: 4 914 to 1,523 m: 2 (2002)	total: 1 2,438 to 3,047 m: 1 (2002)
Airports - with unpaved runways	total: 1 914 to 1,523 m: 1 (2002)	-
Area	total: 702 sq km land: 702 sq km water: 0 sq km (fresh water only) note: includes Pohnpei (Ponape), Chuuk (Truk) 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 (land area only)	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 US. 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. A referendum on independence was soundly defeated in 1995.
Birth rate	NA births/1,000 population	11.82 births/1,000 population (2002 est.)
Budget	revenues: $161 million ($69 million less grants) expenditures: $160 million, including capital expenditures of $NA (1998 est.)	revenues: $609.5 million expenditures: $574.6 million, including capital expenditures of $54.8 million (FY00/01)
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	NA deaths/1,000 population	7.49 deaths/1,000 population (2002 est.)
Debt - external	$66.5 million	$145 million (FY99/00)
Dependency status	-	overseas territory of the UK
Diplomatic representation from the US	chief of mission: Ambassador Larry DINGER 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 Denis Patrick COLEMAN, Jr. consulate(s) general: Crown Hill, 16 Middle Road, Devonshire DVQ3 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
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 pledged $1.3 billion in grant aid during the period 1986-2001	$NA
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 remote 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 with the US in which Micronesia received $1.3 billion in financial and technical assistance over a 15-year period until 2001. Since these revenues accounted for 57% of consolidated government revenues, reduced Compact funding resulted in a severe depression. Economic activity recovered in 1999-2001. The country's medium-term economic outlook appears 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, with its economy 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 already weakening tourism industry - which derives over 80% of its visitors from the US - has been further hit as American tourists have chosen not to travel. Most capital equipment and food must be imported, with the US serving as the primary source of goods, followed by the UK. Bermuda's industrial sector is small, although construction continues to be important. Agriculture is limited, only 6% of the land being arable.
Electricity - consumption	NA kWh	553.35 million kWh (2000)
Electricity - exports	-	0 kWh (2000)
Electricity - imports	-	0 kWh (2000)
Electricity - production	NA kWh	595 million kWh (2000)
Electricity - production by source	fossil fuel: NA% hydro: NA% nuclear: NA% other: NA%	fossil fuel: 100% hydro: 0% nuclear: 0% other: 0% (2000)
Elevation extremes	lowest point: Pacific Ocean 0 m highest point: Dolohmwar (Totolom) 791 m	lowest point: Atlantic Ocean 0 m highest point: Town Hill 76 m
Environment - current issues	overfishing, climate change, pollution	asbestos disposal; water pollution; preservation of open space; 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 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); note - a proposed constitutional amendment to establish popular elections for president and vice president failed 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 John VEREKER (since NA April 2002) 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; following legislative elections, the leader of the majority party or the leader of the majority coalition is usually appointed premier by the governor
Exports	$22 million (f.o.b.)	$51 million (2000)
Exports - commodities	fish, garments, bananas, black pepper	reexports of pharmaceuticals
Exports - partners	Japan, US, Guam	EU excluding UK 77.9%, US 9.8%, UK 6.9% (1999)
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 - $269 million note: GDP is supplemented by grant aid, averaging perhaps $100 million annually (2001 est.)	purchasing power parity - $2.2 billion (2001 est.)
GDP - composition by sector	agriculture: 50% industry: 4% services: 46% (2000 est.)	agriculture: 1% industry: 10% services: 89% (1995 est.)
GDP - per capita	purchasing power parity - $2,000 (2001 est.)	purchasing power parity - $34,800 (2001 est.)
GDP - real growth rate	2% (2001 est.)	2.9% (2001 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, reclaimed and otherwise, was leased by US Government from 1941 to 1995
Highways	total: 240 km paved: 42 km unpaved: 198 km (1996)	total: 450 km paved: 450 km unpaved: 0 km note: public roads - 209 km; private roads - 241 km (2002)
Household income or consumption by percentage share	lowest 10%: NA% highest 10%: NA%	lowest 10%: NA% highest 10%: NA%
Imports	$149 million f.o.b.	$719 million (2000)
Imports - commodities	food, manufactured goods, machinery and equipment, beverages	machinery and transport equipment, construction materials, chemicals, food and live animals
Imports - partners	US, Australia, Japan	EU excluding UK 35.4%, US 17.8%, UK 15.4%, Russia 14.6% (1999)
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, international business, light manufacturing
Infant mortality rate	NA deaths/1,000 live births	9.28 deaths/1,000 live births (2002 est.)
Inflation rate (consumer prices)	2.5% (2001 est.)	3% (July 2001)
International organization participation	ACP, AsDB, ESCAP, G-77, IBRD, ICAO, IDA, IFC, IFRCS (associate), IMF, 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	37,472 (2000)
Labor force - by occupation	two-thirds are government employees	clerical 22%, services 20%, laborers 17%, professional and technical 17%, administrative and managerial 13%, sales 8%, agriculture and fishing 3% (2000 est.)
Land boundaries	0 km	0 km
Land use	arable land: 5.71% permanent crops: 45.71% other: 48.58% (1998 est.)	arable land: 0% permanent crops: 0% other: 100% (55% developed, 45% rural/open space) (1998 est.)
Languages	English (official and common language), Trukese, Pohnpeian, Yapese, Kosrean, Ulithian, Woleaian, Nukuoro, Kapingamarangi	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 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, the premier, and the opposition) and the House of Assembly (40 seats; members are elected by popular vote to serve five-year terms) elections: last general election 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: NA years male: NA years female: NA years	total population: 77.3 years male: 75.21 years female: 79.27 years (2002 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 note: includes a foreign-owned ship registered here as a flag of convenience: United States 1 (2002 est.)	total: 102 ships (1,000 GRT or over) totaling 5,485,450 GRT/8,782,869 DWT ships by type: bulk 28, cargo 4, container 16, liquefied gas 6, passenger 3, petroleum tanker 17, refrigerated cargo 16, roll on/roll off 9, short-sea passenger 3 note: includes some foreign-owned ships registered here as a flag of convenience: Croatia 5, Denmark 2, Germany 1, Greece 1, Hong Kong 9, Indonesia 1, Norway 2, Sweden 11, United Kingdom 52, United States 13 (2002 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	-	no regular indigenous military forces; Bermuda Regiment, Bermuda Police Force, Bermuda Reserve Constabulary
Military expenditures - dollar figure	-	$4,027,970 (January 2002)
Military expenditures - percent of GDP	-	0.11% (FY00/01)
National holiday	Constitution Day, 10 May (1979)	Bermuda Day, 24 May
Nationality	noun: Micronesian(s) adjective: Micronesian; Chuukese, Kosraen(s), Pohnpeian(s), 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	NA migrant(s)/1,000 population	2.61 migrant(s)/1,000 population (2002 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 [Chairman Wayne FURBERT]
Political pressure groups and leaders	-	Bermuda Employer's Union [Eddie SAINTS]; Bermuda Industrial Union or BIU [Derrick BURGESS]; Bermuda Public Services Association or BPSA [leader NA]; Bermuda Union of Teachers [Michael CHARLES]
Population	135,869 (July 2002 est.)	63,960 (July 2002 est.)
Population below poverty line	NA%	NA%
Population growth rate	NA% (2002 est.)	0.69% (2002 est.)
Ports and harbors	Colonia (Yap), Kolonia (Pohnpei), Lele, Moen	Hamilton, Saint George's, Dockyard
Radio broadcast stations	AM 5, FM 1, shortwave 0 (1998)	AM 5, FM 3, shortwave 0 (1998)
Radios	9,400 (1996)	82,000 (1997)
Railways	0 km (2003)	0 km
Religions	Roman Catholic 50%, Protestant 47%	non-Anglican Protestant 39%, Anglican 27%, Roman Catholic 15%, other 19%
Sex ratio	NA	at birth: 0.94 male(s)/female under 15 years: 0.97 male(s)/female 15-64 years: 0.98 male(s)/female 65 years and over: 0.77 male(s)/female total population: 0.95 male(s)/female (2002 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 - 5 Intelsat (Pacific Ocean) (2002)	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	newly installed in Pohnpei and Yap	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	NA children born/woman	1.81 children born/woman (2002 est.)
Unemployment rate	16% (1999 est.)	4.5% (1993)
Waterways	none	none

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