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Compare Micronesia, Federated States of (2004) - Panama (2004)

Compare Micronesia, Federated States of (2004) z Panama (2004)

 Micronesia, Federated States of (2004)Panama (2004)
 Micronesia, Federated States ofPanama
Administrative divisions 4 states; Chuuk (Truk), Kosrae (Kosaie), Pohnpei (Ponape), Yap 9 provinces (provincias, singular - provincia) and 1 territory* (comarca); Bocas del Toro, Chiriqui, Cocle, Colon, Darien, Herrera, Los Santos, Panama, San Blas*, and Veraguas
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: 30.2% (male 461,427; female 443,932)


15-64 years: 63.6% (male 967,490; female 940,344)


65 years and over: 6.2% (male 88,611; female 98,659) (2004 est.)
Agriculture - products black pepper, tropical fruits and vegetables, coconuts, cassava (tapioca), betel nuts, sweet potatoes; pigs, chickens bananas, rice, corn, coffee, sugarcane, vegetables; livestock; shrimp
Airports 6 (2003 est.) 103 (2003 est.)
Airports - with paved runways total: 6


1,524 to 2,437 m: 4


914 to 1,523 m: 2 (2004 est.)
total: 44


over 3,047 m: 1


2,438 to 3,047 m: 1


1,524 to 2,437 m: 5


914 to 1,523 m: 15


under 914 m: 22 (2004 est.)
Airports - with unpaved runways - total: 61


914 to 1,523 m: 12


under 914 m: 49 (2004 est.)
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: 78,200 sq km


land: 75,990 sq km


water: 2,210 sq km
Area - comparative four times the size of Washington, DC (land area only) slightly smaller than South Carolina
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. With US backing, Panama seceded from Colombia in 1903 and promptly signed a treaty with the US allowing for the construction of a canal and US sovereignty over a strip of land on either side of the structure (the Panama Canal Zone). The Panama Canal was built by the US Army Corps of Engineers between 1904 and 1914. On 7 September 1977, an agreement was signed for the complete transfer of the Canal from the US to Panama by the end of 1999. Certain portions of the Zone and increasing responsibility over the Canal were turned over in the intervening years. With US help, dictator Manuel NORIEGA was deposed in 1989. The entire Panama Canal, the area supporting the Canal, and remaining US military bases were turned over to Panama by or on 31 December 1999.
Birth rate 25.8 births/1,000 population (2004 est.) 20.36 births/1,000 population (2004 est.)
Budget revenues: $161 million ($69 million less grants)


expenditures: $160 million, including capital expenditures of NA (1998 est.)
revenues: $2.995 billion


expenditures: $3.421 billion, including capital expenditures of $471 million (2003 est.)
Capital Palikir Panama
Climate tropical; heavy year-round rainfall, especially in the eastern islands; located on southern edge of the typhoon belt with occasionally severe damage tropical maritime; hot, humid, cloudy; prolonged rainy season (May to January), short dry season (January to May)
Coastline 6,112 km 2,490 km
Constitution 10 May 1979 11 October 1972; major reforms adopted 1978, 1983, 1994, and 2004
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: Republic of Panama


conventional short form: Panama


local long form: Republica de Panama


local short form: Panama
Currency US dollar (USD) balboa (PAB); US dollar (USD)
Death rate 4.97 deaths/1,000 population (2004 est.) 6.39 deaths/1,000 population (2004 est.)
Debt - external $53.1 million (FY02/03 est.) $8.834 billion (2003 est.)
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: Ambassador Linda Ellen WATT


embassy: Avenida Balboa and Calle 37, Apartado Postal 0816-02561, Zona 5, Panama City 5


mailing address: American Embassy Panama, Unit 0945, APO AA 34002


telephone: [507] 207-7000


FAX: [507] 227-1964
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 Federico HUMBERT Arias


chancery: 2862 McGill Terrace NW, Washington, DC 20008


telephone: [1] (202) 483-1407


FAX: [1] (202) 483-8416


consulate(s) general: Atlanta, Houston, Miami, New Orleans, New York, Philadelphia, San Francisco, San Juan (Puerto Rico), Tampa
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 $197.1 million (1995)
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. Panama's dollarised economy rests primarily on a well-developed services sector that accounts for three-fourths of GDP. Services include operating the Panama Canal, banking, the Colon Free Zone, insurance, container ports, flagship registry, and tourism. A slump in Colon Free Zone and agricultural exports, the global slowdown, and the withdrawal of US military forces held back economic growth in 2000-03. The government has been backing public works programs, tax reforms, new regional trade agreements, and development of tourism in order to stimulate growth. Unemployment remains at an unacceptably high level.
Electricity - consumption NA kWh 3.681 billion kWh (2001)
Electricity - exports - 118 million kWh (2001)
Electricity - imports - 43 million kWh (2001)
Electricity - production NA kWh 4.039 billion kWh (2001)
Elevation extremes lowest point: Pacific Ocean 0 m


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


highest point: Volcan de Chiriqui 3,475 m
Environment - current issues overfishing, climate change, pollution water pollution from agricultural runoff threatens fishery resources; deforestation of tropical rain forest; land degradation and soil erosion threatens siltation of Panama Canal; air pollution in urban areas; mining threatens natural resources
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, Marine Dumping, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Tropical Timber 94, Wetlands, Whaling


signed, but not ratified: Marine Life Conservation
Ethnic groups nine ethnic Micronesian and Polynesian groups mestizo (mixed Amerindian and white) 70%, Amerindian and mixed (West Indian) 14%, white 10%, Amerindian 6%
Exchange rates the US dollar is used balboas per US dollar - 1 (2003), 1 (2002), 1 (2001), 1 (2000), 1 (1999)
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: President Martin TORRIJOS Espino (since 1 September 2004); First Vice President Samuel LEWIS Navarro (since 1 September 2004); Second Vice President Ruben AROSEMENA Valdes (since 1 September 2004); note - the president is both the chief of state and head of government


head of government: President Martin TORRIJOS Espino (since 1 September 2004); First Vice President Samuel LEWIS Navarro (since 1 September 2004); Second Vice President Ruben AROSEMENA Valdes (since 1 September 2004); note - the president is both the chief of state and head of government


cabinet: Cabinet appointed by the president


elections: president and vice presidents elected on the same ticket by popular vote for five-year terms; election last held 2 May 2004 (next to be held 3 May 2009); note - beginning in 2009, Panama will have only one vice president.


election results: Martin TORRIJOS Espino elected president; percent of vote - Martin TORRIJOS Espino 47.5%, Guillermo ENDARA Galimany 30.6%, Jose Miguel ALEMAN 17%, Ricardo MARTINELLI 4.9%


note: government coalition - PRD (Democratic Revolutionary Party), PP (Popular Party)
Exports $22 million (f.o.b.) (FY99/00 est.) NA (2001)
Exports - commodities fish, garments, bananas, black pepper bananas, shrimp, sugar, coffee, clothing (1999)
Exports - partners Japan, US, Guam (2000) US 13.9%, Nigeria 9.8%, Germany 8.1%, South Korea 7.8%, Peru 5.1%, Costa Rica 4.9%, Belgium 4.8%, Japan 4.5% (2003)
Fiscal year 1 October - 30 September calendar year
Flag description light blue with four white five-pointed stars centered; the stars are arranged in a diamond pattern divided into four, equal rectangles; the top quadrants are white (hoist side) with a blue five-pointed star in the center and plain red; the bottom quadrants are plain blue (hoist side) and white with a red five-pointed star in the center
GDP purchasing power parity - $277 million


note: GDP is supplemented by grant aid, averaging perhaps $100 million annually (2002 est.)
purchasing power parity - $18.78 billion (2003 est.)
GDP - composition by sector agriculture: 50%


industry: 4%


services: 46% (2000 est.)
agriculture: 8.3%


industry: 14.7%


services: 77.1% (2003 est.)
GDP - per capita purchasing power parity - $2,000 (2002 est.) purchasing power parity - $6,300 (2003 est.)
GDP - real growth rate 1% (2002 est.) 4.1% (2003 est.)
Geographic coordinates 6 55 N, 158 15 E 9 00 N, 80 00 W
Geography - note four major island groups totaling 607 islands strategic location on eastern end of isthmus forming land bridge connecting North and South America; controls Panama Canal that links North Atlantic Ocean via Caribbean Sea with North Pacific Ocean
Highways total: 240 km


paved: 42 km


unpaved: 198 km (1999 est.)
total: 11,400 km


paved: 3,944 km (including 30 km of expressways)


unpaved: 7,456 km (1999)
Household income or consumption by percentage share lowest 10%: NA


highest 10%: NA
lowest 10%: 1.2%


highest 10%: 35.7% (1997)
Illicit drugs - major cocaine transshipment point and primary money-laundering center for narcotics revenue; money-laundering activity is especially heavy in the Colon Free Zone; offshore financial center; negligible signs of coca cultivation; monitoring of financial transactions is improving; official corruption remains a major problem
Imports $149 million f.o.b. (FY99/00 est.) NA (2001)
Imports - commodities food, manufactured goods, machinery and equipment, beverages capital goods, crude oil, foodstuffs, consumer goods, chemicals (1999)
Imports - partners US, Australia, Japan (2000) Japan 33.2%, US 11.4%, China 9.1%, South Korea 7.7%, Singapore 7.1% (2003)
Independence 3 November 1986 (from the US-administered UN Trusteeship) 3 November 1903 (from Colombia; became independent from Spain 28 November 1821)
Industrial production growth rate NA 7% (2003 est.)
Industries tourism, construction, fish processing, specialized aquaculture, craft items from shell, wood, and pearls construction, petroleum refining, brewing, cement and other construction materials, sugar milling
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: 20.95 deaths/1,000 live births


male: 23.08 deaths/1,000 live births


female: 18.72 deaths/1,000 live births (2004 est.)
Inflation rate (consumer prices) 1% (2002 est.) 1.4% (2003 est.)
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 FAO, G-77, IADB, IAEA, IBRD, ICAO, ICC, ICCt, ICFTU, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, IOM, ISO, ITU, LAES, LAIA (observer), MIGA, NAM, OAS, OPANAL, OPCW, PCA, RG, UN, UNCTAD, UNESCO, UNIDO, UPU, WCL, WCO, WFTU, WHO, WIPO, WMO, WToO, WTO
Irrigated land NA sq km 320 sq km (1998 est.)
Judicial branch Supreme Court Supreme Court of Justice or Corte Suprema de Justicia (nine judges appointed for 10-year terms); five superior courts; three courts of appeal
Labor force NA (2000 est.) 1.19 million


note: shortage of skilled labor, but an oversupply of unskilled labor (2003 est.)
Labor force - by occupation two-thirds are government employees agriculture 20.8%, industry 18%, services 61.2% (1995 est.)
Land boundaries 0 km total: 555 km


border countries: Colombia 225 km, Costa Rica 330 km
Land use arable land: 5.71%


permanent crops: 45.71%


other: 48.58% (2001)
arable land: 7.36%


permanent crops: 1.98%


other: 90.66% (2001)
Languages English (official and common language), Trukese, Pohnpeian, Yapese, Kosrean, Ulithian, Woleaian, Nukuoro, Kapingamarangi Spanish (official), English 14%


note: many Panamanians bilingual
Legal system based on adapted Trust Territory laws, acts of the legislature, municipal, common, and customary laws based on civil law system; judicial review of legislative acts in the Supreme Court of Justice; accepts compulsory ICJ jurisdiction, with reservations
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
unicameral National Assembly (formerly called Legislative Assembly) or Asamblea Nacional (78 seats; members are elected by popular vote to serve five-year terms; note - In 2009, the number of seats will change to 71)


elections: last held 2 May 2004 (next to be held 3 May 2009)


election results: percent of vote by party - NA%; seats by party - PRD 40, PA 17, PS 8, MOLIRENA 3, Democratic Change 2, PP 2, PLN 1, other 5


note: legislators from outlying rural districts are chosen on a plurality basis while districts located in more populous towns and cities elect multiple legislators by means of a proportion-based formula
Life expectancy at birth total population: 69.44 years


male: 67.68 years


female: 71.29 years (2004 est.)
total population: 72.14 years


male: 69.82 years


female: 74.56 years (2004 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: 92.6%


male: 93.2%


female: 91.9% (2003 est.)
Location Oceania, island group in the North Pacific Ocean, about three-quarters of the way from Hawaii to Indonesia Central America, bordering both the Caribbean Sea and the North Pacific Ocean, between Colombia and Costa Rica
Map references Oceania Central America and the Caribbean
Maritime claims territorial sea: 12 nm


exclusive economic zone: 200 nm
territorial sea: 12 nm


contiguous zone: 24 nm


exclusive economic zone: 200 nm
Merchant marine none (2004 est.) total: 4,833 ships (1,000 GRT or over) 122,960,929 GRT/183,615,337 DWT


by type: barge carrier 3, bulk 1,434, cargo 819, chemical tanker 388, combination bulk 73, combination ore/oil 18, container 613, liquefied gas 190, livestock carrier 3, multi-functional large load carrier 15, passenger 36, passenger/cargo 5, petroleum tanker 514, rail car carrier 1, refrigerated cargo 281, roll on/roll off 125, short-sea/passenger 37, specialized tanker 36, vehicle carrier 242


foreign-owned: Albania 2, Angola 1, Antigua and Barbuda 2, Argentina 7, Australia 11, Austria 1, Bahamas 3, Bangladesh 1, Belgium 5, Belize 4, Brazil 4, British Virgin Islands 8, Cambodia 2, Canada 6, Cayman Islands 1, Chile 13, China 286, Colombia 14, Croatia 3, Cuba 17, Cyprus 6, Denmark 4, Dominican Republic 1, Ecuador 1, Egypt 16, Equatorial Guinea 1, France 7, Germany 89, Greece 549, Haiti 1, Honduras 2, Hong Kong 288, India 22, Indonesia 44, Iran 1, Ireland 2, Israel 4, Italy 7, Japan 1630, Jordan 8, Kenya 1, South Korea 349, Kuwait 1, Latvia 11, Liberia 3, Lithuania 2, Luxembourg 1, Malaysia 12, Malta 1, Marshall Islands 3, Mexico 7, Monaco 29, Netherlands 14, Netherlands Antilles 1, New Zealand 1, Nigeria 6, Norway 86, Oman 1, Pakistan 1, Peru 17, Philippines 41, Poland 12, Portugal 6, Puerto Rico 3, Romania 9, Russia 8, Saint Kitts and Nevis 3, Saint Vincent and the Grenadines 6, Saudi Arabia 6, Singapore 105, South Africa 3, Spain 52, Sri Lanka 3, Sudan 1, Sweden 4, Switzerland 93, Syria 1, Taiwan 348, Thailand 14, Trinidad and Tobago 1, Turkey 12, Ukraine 2, United Kingdom 51, United States 99, Venezuela 4


registered in other countries: 85 (2004 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 on 10 February 1990, the government of then President ENDARA abolished Panama's military and reformed the security apparatus by creating the Panamanian Public Forces; in October 1994, Panama's Legislative Assembly approved a constitutional amendment prohibiting the creation of a standing military force, but allowing the temporary establishment of special police units to counter acts of "external aggression"
Military branches - an amendment to the Constitution abolished the armed forces, but there are security forces (Panamanian Public Forces or PPF includes the Panamanian National Police, National Maritime Service, and National Air Service)
Military expenditures - dollar figure - $145 million (2003)
Military expenditures - percent of GDP - 1.2% (2003)
Military manpower - availability - males age 15-49: 810,341 (2004 est.)
Military manpower - fit for military service - males age 15-49: 553,422 (2004 est.)
National holiday Constitution Day, 10 May (1979) Independence Day, 3 November (1903)
Nationality noun: Micronesian(s)


adjective: Micronesian; Chuukese, Kosraen(s), Pohnpeian(s), Yapese
noun: Panamanian(s)


adjective: Panamanian
Natural hazards typhoons (June to December) occasional severe storms and forest fires in the Darien area
Natural resources forests, marine products, deep-seabed minerals copper, mahogany forests, shrimp, hydropower
Net migration rate -20.99 migrant(s)/1,000 population (2004 est.) -0.91 migrant(s)/1,000 population (2004 est.)
Political parties and leaders no formal parties Democratic Change or CD [Ricardo MARTINELLI]; Democratic Revolutionary Party or PRD [Martin TORRIJOS]; National Liberal Party or PLN [Anibal GALINDO]; Nationalist Republican Liberal Movement or MOLIRENA [Jesus ROSAS]; Panamenista Party or PA (formerly the Arnulfista Party) [Mireya Elisa MOSCOSO Rodriguez]; Popular Party or PP (formerly Christian Democratic Party or PDC) [Ruben AROSEMENA]; Solidarity Party or PS [Jose Raul MULINO]
Political pressure groups and leaders - Chamber of Commerce; National Civic Crusade; National Council of Organized Workers or CONATO; National Union of Construction and Similar Workers (SUNTRACS); National Council of Private Enterprise or CONEP; Panamanian Association of Business Executives or APEDE; Panamanian Industrialists Society or SIP; Workers Confederation of the Republic of Panama or CTRP
Population 108,155 (July 2004 est.) 3,000,463 (July 2004 est.)
Population below poverty line 26.7% 37% (1999 est.)
Population growth rate -0.02% (2004 est.) 1.31% (2004 est.)
Ports and harbors Colonia (Yap), Kolonia (Pohnpei), Lele, Moen Balboa, Cristobal, Coco Solo, Manzanillo (part of Colon area), Vacamonte
Radio broadcast stations AM 5, FM 1, shortwave 0 (2004) AM 101, FM 134, shortwave 0 (1998)
Railways - total: 355 km


standard gauge: 76 km 1.435-m gauge


narrow gauge: 279 km 0.914-m gauge (2003)
Religions Roman Catholic 50%, Protestant 47% Roman Catholic 85%, Protestant 15%
Sex ratio 1.05 male(s)/female (2004 est.) at birth: 1.05 male(s)/female


under 15 years: 1.04 male(s)/female


15-64 years: 1.03 male(s)/female


65 years and over: 0.9 male(s)/female


total population: 1.02 male(s)/female (2004 est.)
Suffrage 18 years of age; universal 18 years of age; universal and compulsory
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: domestic and international facilities well developed


domestic: NA


international: country code - 507; 1 coaxial submarine cable; satellite earth stations - 2 Intelsat (Atlantic Ocean); connected to the Central American Microwave System
Telephones - main lines in use 10,100 (2001) 386,900 (2002)
Telephones - mobile cellular 1,800 (2002) 834,000 (2003)
Television broadcast stations 3; note - cable TV also available (2004) 38 (including repeaters) (1998)
Terrain islands vary geologically from high mountainous islands to low, coral atolls; volcanic outcroppings on Pohnpei, Kosrae, and Chuuk interior mostly steep, rugged mountains and dissected, upland plains; coastal areas largely plains and rolling hills
Total fertility rate 3.37 children born/woman (2004 est.) 2.49 children born/woman (2004 est.)
Unemployment rate 16% (1999 est.) 13.8% (2003 est.)
Waterways - 800 km (includes 82 km Panama Canal) (2004)
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