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Compare Micronesia, Federated States of (2003) - Bahamas, The (2008)

Compare Micronesia, Federated States of (2003) z Bahamas, The (2008)

 Micronesia, Federated States of (2003)Bahamas, The (2008)
 Micronesia, Federated States ofBahamas, The
Administrative divisions 4 states; Chuuk (Truk), Kosrae (Kosaie), Pohnpei (Ponape), 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: 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.)
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), betel nuts, sweet potatoes; pigs, chickens citrus, vegetables; poultry
Airports 7 (2002) 62 (2007)
Airports - with paved runways total: 6


1,524 to 2,437 m: 4


914 to 1,523 m: 2 (2002)
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 (2002)
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 (fresh water only)


note: includes Pohnpei (Ponape), Chuuk (Truk) Islands, Yap Islands, and Kosrae (Kosaie)
total: 13,940 sq km


land: 10,070 sq km


water: 3,870 sq km
Area - comparative four times the size of Washington, DC (land area only) 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 US. 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 26.47 births/1,000 population (2003 est.) 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 5.1 deaths/1,000 population (2003 est.) 9.13 deaths/1,000 population (2007 est.)
Debt - external $53.1 million (FY 02/03 est.) $342.6 million (2004 est.)
Diplomatic representation from the US 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
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 pledged $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 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. 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: 0%


hydro: 0%


nuclear: 0%


other: 0%
-
Elevation extremes lowest point: Pacific Ocean 0 m


highest point: Dolohmwar (Totolom) 791 m
lowest point: Atlantic Ocean 0 m


highest point: Mount Alvernia, on Cat Island 63 m
Environment - current issues overfishing, climate change, pollution 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 1 Bahamian dollars per US dollar - 1 (2007), 1 (2006), 1 (2005), 1 (2004), 1 (2003)
Executive branch 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%
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 $22 million (f.o.b.) (FY 99/00 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 (2000) 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 - $277 million


note: $277 million $277 million GDP is supplemented by grant aid, averaging perhaps $100 million annually (2002 est.)
-
GDP - composition by sector agriculture: 50%


industry: 4%


services: 46% (2000 est.)
agriculture: 3%


industry: 7%


services: 90% (2001 est.)
GDP - per capita purchasing power parity - $2,000 (2002 est.) -
GDP - real growth rate 1% (2002 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 (1999 est.)
-
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 $149 million f.o.b. (FY 99/00 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, Australia, Japan (2000) 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, specialized aquaculture, craft items from shell, wood, and pearls tourism, banking, cement, oil transshipment, salt, rum, aragonite, pharmaceuticals, spiral-welded steel pipe
Infant mortality rate total: 32.39 deaths/1,000 live births


male: 35.65 deaths/1,000 live births


female: 28.97 deaths/1,000 live births
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) 1% (2002 est.) 2.4% (2007 est.)
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 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: 5.71%


permanent crops: 45.71%


other: 48.58% (1998 est.)
arable land: 0.58%


permanent crops: 0.29%


other: 99.13% (2005)
Languages English (official and common language), Trukese, Pohnpeian, Yapese, Kosrean, Ulithian, Woleaian, Nukuoro, Kapingamarangi 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 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
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: 69.13 years


male: 67.39 years


female: 70.95 years (2003 est.)
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


note: includes a foreign-owned ship registered here as a flag of convenience: US 1 (2002 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; Chuukese, Kosraen(s), Pohnpeian(s), 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 -20.98 migrant(s)/1,000 population (2003 est.) -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 108,143 (July 2003 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 26.7% 9.3% (2004)
Population growth rate 0.04% (2003 est.) 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)
Railways 0 km -
Religions Roman Catholic 50%, Protestant 47% 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 1.05 male(s)/female (2003 est.) 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 - 5 Intelsat (Pacific Ocean) (2002)
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 newly installed in Pohnpei and Yap 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 Chuuk long, flat coral formations with some low rounded hills
Total fertility rate 3.5 children born/woman (2003 est.) 2.15 children born/woman (2007 est.)
Unemployment rate 16% (1999 est.) 7.6% (2006 est.)
Waterways none -
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