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Compare Micronesia, Federated States of (2004) - Bermuda (2003)

Compare Micronesia, Federated States of (2004) z Bermuda (2003)

 Micronesia, Federated States of (2004)Bermuda (2003)
 Micronesia, Federated States ofBermuda
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: 37.7% (male 20,830; female 19,993)


15-64 years: 59.2% (male 32,055; female 31,927)


65 years and over: 3.1% (male 1,505; female 1,845) (2004 est.)
0-14 years: 19.2% (male 6,195; female 6,205)


15-64 years: 69.3% (male 22,110; female 22,574)


65 years and over: 11.5% (male 3,215; female 4,183) (2003 est.)
Agriculture - products black pepper, tropical fruits and vegetables, coconuts, cassava (tapioca), betel nuts, sweet potatoes; pigs, chickens bananas, vegetables, citrus, flowers; dairy products
Airports 6 (2003 est.) 1 (2002)
Airports - with paved runways total: 6


1,524 to 2,437 m: 4


914 to 1,523 m: 2 (2004 est.)
total: 1


2,438 to 3,047 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 (Kosaie)
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, which was amended and renewed in 2003. 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 25.8 births/1,000 population (2004 est.) 12.13 births/1,000 population (2003 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 (FY 00/01)
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 4.97 deaths/1,000 population (2004 est.) 7.46 deaths/1,000 population (2003 est.)
Debt - external $53.1 million (FY02/03 est.) $145 million (FY 99/00)
Dependency status - overseas territory of the UK
Diplomatic representation from the US chief of mission: Ambassador Suzanne K. HALE


embassy: 101 Upper Pics Road, 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 DVO3


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, 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. 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 tourism industry - which derives over 80% of its visitors from the US - has been severely hit as American tourists have chosen not to travel. Tourism rebounded somewhat in 2002, but remains below the pre-11 September level. Most capital equipment and food must be imported. 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 598.6 million kWh (2001)
Electricity - exports - 0 kWh (2001)
Electricity - imports - 0 kWh (2001)
Electricity - production NA kWh 643.7 million kWh (2001)
Electricity - production by source - fossil fuel: 100%


hydro: 0%


nuclear: 0%


other: 0% (2001)
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 Joseph J. URUSEMAL (since 11 May 2003); Vice President Redley KILLION (11 May 2003); 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 (11 May 2003); 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 Sir John VEREKER (since NA April 2002)


head of government: Premier Alex SCOTT (since 24 July 2003)


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.) (FY99/00 est.) NA (2001)
Exports - commodities fish, garments, bananas, black pepper reexports of pharmaceuticals
Exports - partners Japan, US, Guam (2000) France 77.4%, UK 2.8%, US 2.4% (2002)
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 - $277 million


note: GDP is supplemented by grant aid, averaging perhaps $100 million annually (2002 est.)
purchasing power parity - $2.25 billion (2002 est.)
GDP - composition by sector agriculture: 50%


industry: 4%


services: 46% (2000 est.)
agriculture: 1%


industry: 10%


services: 89% (2002 est.)
GDP - per capita purchasing power parity - $2,000 (2002 est.) purchasing power parity - $35,200 (2002 est.)
GDP - real growth rate 1% (2002 est.) 0.5% (2002 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 (1999 est.)
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. (FY99/00 est.) NA (2001)
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 (2000) Kazakhstan 30.9%, France 24.7%, Italy 10.5%, US 9.7%, South Korea 8.4%, Mexico 4.3% (2002)
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, specialized aquaculture, craft items from shell, wood, and pearls tourism, international business, light manufacturing
Infant mortality rate total: 31.28 deaths/1,000 live births


male: 34.45 deaths/1,000 live births


female: 27.95 deaths/1,000 live births (2004 est.)
total: 9.05 deaths/1,000 live births


male: 10.77 deaths/1,000 live births


female: 7.3 deaths/1,000 live births (2003 est.)
Inflation rate (consumer prices) 1% (2002 est.) 2.3% (July 2002)
International organization participation ACP, AsDB, FAO, G-77, IBRD, ICAO, IDA, IFC, IFRCS, IMF, IOC, ITU, MIGA, OPCW, PIF, Sparteca, UN, UNCTAD, UNESCO, WHO, WMO Caricom (observer), ICFTU, Interpol (subbureau), IOC, WCO
Internet Service Providers (ISPs) - 20 (2000)
Irrigated land NA sq km NA sq km
Judicial branch Supreme Court Supreme Court; Court of Appeal; Magistrate Courts
Labor force NA (2000 est.) 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% (2001)
arable land: 6%


permanent crops: 0%


other: 94% (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; 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; members elected by popular vote)


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 (an 11-member body appointed by the governor, the premier, and the opposition) and the House of Assembly (36 seats; members are elected by popular vote to serve five-year terms)


elections: last general election held 24 July 2003 (next to be held NA July 2008)


election results: percent of vote by party - PLP 51.7%, UBP 48%; seats by party - PLP 22, UBP 14
Life expectancy at birth total population: 69.44 years


male: 67.68 years


female: 71.29 years (2004 est.)
total population: 77.41 years


male: 75.38 years


female: 79.49 years (2003 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 territorial sea: 12 nm


exclusive economic zone: 200 nm
exclusive fishing zone: 200 NM


territorial sea: 12 NM
Merchant marine none (2004 est.) total: 93 ships (1,000 GRT or over) 4,993,227 GRT/7,089,760 DWT


ships by type: bulk 25, cargo 4, chemical tanker 1, container 14, liquefied gas 9, passenger 5, petroleum tanker 11, refrigerated cargo 13, roll on/roll off 7, short-sea passenger 4


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 - $4.028 million (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 -20.99 migrant(s)/1,000 population (2004 est.) 2.56 migrant(s)/1,000 population (2003 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 108,155 (July 2004 est.) 64,482 (July 2003 est.)
Population below poverty line 26.7% NA%
Population growth rate -0.02% (2004 est.) 0.72% (2003 est.)
Ports and harbors Colonia (Yap), Kolonia (Pohnpei), Lele, Moen Hamilton, Saint George's, Dockyard
Radio broadcast stations AM 5, FM 1, shortwave 0 (2004) AM 5, FM 3, shortwave 0 (1998)
Railways - 0 km
Religions Roman Catholic 50%, Protestant 47% non-Anglican Protestant 39%, Anglican 27%, Roman Catholic 15%, other 19%
Sex ratio 1.05 male(s)/female (2004 est.) at birth: 1.02 male(s)/female


under 15 years: 1 male(s)/female


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


65 years and over: 0.77 male(s)/female


total population: 0.96 male(s)/female (2003 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), satellite (Intelsat) ground stations, and some coaxial and fiber-optic cable; cellular service available on Kosrae, Pohnpei, and Yap


international: country code - 691; 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 10,100 (2001) 52,000 (1997)
Telephones - mobile cellular 1,800 (2002) 7,980 (1996)
Television broadcast stations 3; note - cable TV also available (2004) 3 (1997)
Terrain islands vary geologically from high mountainous islands to low, coral atolls; volcanic outcroppings on Pohnpei, Kosrae, and Chuuk low hills separated by fertile depressions
Total fertility rate 3.37 children born/woman (2004 est.) 1.9 children born/woman (2003 est.)
Unemployment rate 16% (1999 est.) 4.5% (1993)
Waterways - none
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