Micronesia, Federated States of (2002) | Micronesia, Federated States of (2003) | |
Age structure | 0-14 years: NA%
15-64 years: NA% 65 years and over: NA% |
0-14 years: 38.4% (male 21,163; female 20,335)
15-64 years: 58.5% (male 31,746; female 31,477) 65 years and over: 3.2% (male 1,558; female 1,864) (2003 est.) |
Agriculture - products | black pepper, tropical fruits and vegetables, coconuts, cassava (tapioca), sweet potatoes; pigs, chickens | black pepper, tropical fruits and vegetables, coconuts, cassava (tapioca), betel nuts, sweet potatoes; pigs, chickens |
Airports | 7 (2001) | 7 (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: 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 (Kosaie) |
Birth rate | NA births/1,000 population | 26.47 births/1,000 population (2003 est.) |
Death rate | NA deaths/1,000 population | 5.1 deaths/1,000 population (2003 est.) |
Debt - external | $66.5 million | $53.1 million (FY 02/03 est.) |
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: Ambassador Larry M. 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 |
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. | 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, a lack of adequate facilities, and limited air connections hinder development. In November 2002, the country experienced a further reduction in future 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. The country's medium-term economic outlook appears fragile due not only to the reduction in US assistance but also to the slow growth of the private sector. Geographical isolation and a poorly developed infrastructure remain major impediments to long-term growth. |
Electricity - production by source | fossil fuel: NA%
hydro: NA% nuclear: NA% other: NA% |
fossil fuel: 0%
hydro: 0% nuclear: 0% other: 0% |
Exchange rates | the US dollar is used | the US dollar is used 1 |
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: President Joseph J. URUSEMAL (since 11 May 2003); Vice President Redley KILLION; note - the president is both the chief of state and head of government
head of government: President Joseph J. URUSEMAL (since 11 May 2003); Vice President Redley KILLION; 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 11 May 2003 (next to be held NA May 2007); note - a proposed constitutional amendment to establish popular elections for president and vice president failed election results: Joseph J. URUSEMAL elected president; percent of Congress vote - NA%; Redley KILLION elected vice president; percent of Congress vote - NA% |
Exports | $22 million (f.o.b.) | $22 million (f.o.b.) (FY 99/00 est.) |
Exports - partners | Japan, US, Guam | Japan, US, Guam (2000) |
GDP | purchasing power parity - $269 million
note: GDP is supplemented by grant aid, averaging perhaps $100 million annually (2001 est.) |
purchasing power parity - $277 million
note: $277 million $277 million GDP is supplemented by grant aid, averaging perhaps $100 million annually (2002 est.) |
GDP - per capita | purchasing power parity - $2,000 (2001 est.) | purchasing power parity - $2,000 (2002 est.) |
GDP - real growth rate | 2% (2001 est.) | 1% (2002 est.) |
Highways | total: 240 km
paved: 42 km unpaved: 198 km (1996) |
total: 240 km
paved: 42 km unpaved: 198 km (1999 est.) |
Imports | $149 million f.o.b. | $149 million f.o.b. (FY 99/00 est.) |
Imports - partners | US, Australia, Japan | US, Australia, Japan (2000) |
Industries | tourism, construction, fish processing, craft items from shell, wood, and pearls | tourism, construction, fish processing, specialized aquaculture, craft items from shell, wood, and pearls |
Infant mortality rate | NA deaths/1,000 live births | total: 32.39 deaths/1,000 live births
male: 35.65 deaths/1,000 live births female: 28.97 deaths/1,000 live births |
Inflation rate (consumer prices) | 2.5% (2001 est.) | 1% (2002 est.) |
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 |
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 4 March 2003 (next to be held NA March 2007); elections for two-year term seats last held 4 March 2003 (next to be held NA March 2005) election results: percent of vote - NA%; seats - independents 14 |
Life expectancy at birth | total population: NA years
male: NA years female: NA years |
total population: 69.13 years
male: 67.39 years female: 70.95 years (2003 est.) |
Merchant marine | none
note: includes a foreign-owned ship registered here as a flag of convenience: United States 1 (2002 est.) |
none
note: includes a foreign-owned ship registered here as a flag of convenience: US 1 (2002 est.) |
Net migration rate | NA migrant(s)/1,000 population | -20.98 migrant(s)/1,000 population (2003 est.) |
Population | 135,869 (July 2002 est.) | 108,143 (July 2003 est.) |
Population below poverty line | NA% | 26.7% |
Population growth rate | NA% (2002 est.) | 0.04% (2003 est.) |
Radios | 9,400 (1996) | - |
Railways | 0 km (2003) | 0 km |
Sex ratio | NA | 1.05 male(s)/female (2003 est.) |
Terrain | islands vary geologically from high mountainous islands to low, coral atolls; volcanic outcroppings on Pohnpei, Kosrae, and Truk | islands vary geologically from high mountainous islands to low, coral atolls; volcanic outcroppings on Pohnpei, Kosrae, and Chuuk |
Total fertility rate | NA children born/woman | 3.5 children born/woman (2003 est.) |