Compare Micronesia, Federated States of (2006) - Iceland (2004)

Compare Micronesia, Federated States of (2006) z Iceland (2004)

	Micronesia, Federated States of (2006)	Iceland (2004)

Administrative divisions	4 states; Chuuk (Truk), Kosrae (Kosaie), Pohnpei (Ponape), Yap	8 regions; Austurland, Hofudhborgarsvaedhi, Nordhurland Eystra, Nordhurland Vestra, Sudhurland, Sudhurnes, Vestfirdhir, Vesturland
Age structure	0-14 years: 36.6% (male 20,116/female 19,391) 15-64 years: 60.4% (male 32,620/female 32,659) 65 years and over: 3% (male 1,413/female 1,805) (2006 est.)	0-14 years: 22.5% (male 33,522; female 32,489) 15-64 years: 65.8% (male 98,091; female 95,450) 65 years and over: 11.7% (male 15,552; female 18,862) (2004 est.)
Agriculture - products	black pepper, tropical fruits and vegetables, coconuts, cassava (tapioca), betel nuts, sweet potatoes; pigs, chickens; fish	potatoes, green vegetables, mutton, dairy products, fish
Airports	6 (2006)	100 (2003 est.)
Airports - with paved runways	total: 6 1,524 to 2,437 m: 4 914 to 1,523 m: 2 (2006)	total: 5 over 3,047 m: 1 1,524 to 2,437 m: 3 914 to 1,523 m: 1 (2004 est.)
Airports - with unpaved runways	-	total: 93 1,524 to 2,437 m: 3 914 to 1,523 m: 29 under 914 m: 61 (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: 103,000 sq km land: 100,250 sq km water: 2,750 sq km
Area - comparative	four times the size of Washington, DC (land area only)	slightly smaller than Kentucky
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 2004. Present concerns include large-scale unemployment, overfishing, and overdependence on US aid.	Settled by Norwegian and Celtic (Scottish and Irish) immigrants during the late 9th and 10th centuries A.D., Iceland boasts the world's oldest functioning legislative assembly, the Althing, established in 930. Independent for over 300 years, Iceland was subsequently ruled by Norway and Denmark. Fallout from the Askja volcano of 1875 devastated the Icelandic economy and caused widespread famine. Over the next quarter century, 20% of the island's population emigrated, mostly to Canada and the US. Limited home rule from Denmark was granted in 1874 and complete independence attained in 1944. Literacy, longevity, income, and social cohesion are first-rate by world standards.
Birth rate	24.68 births/1,000 population (2006 est.)	13.83 births/1,000 population (2004 est.)
Budget	revenues: $127.3 million ($69 million less grants) expenditures: $144.2 million; including capital expenditures of $17.9 million $NA (1998 est.)	revenues: $4.205 billion expenditures: $4.405 billion, including capital expenditures of $467 million (2003)
Capital	name: Palikir geographic coordinates: 6 55 N, 158 08 E time difference: UTC+10 (15 hours ahead of Washington, DC during Standard Time)	Reykjavik
Climate	tropical; heavy year-round rainfall, especially in the eastern islands; located on southern edge of the typhoon belt with occasionally severe damage	temperate; moderated by North Atlantic Current; mild, windy winters; damp, cool summers
Coastline	6,112 km	4,988 km
Constitution	10 May 1979	16 June 1944, effective 17 June 1944
Country name	conventional long form: Federated States of Micronesia conventional short form: none local long form: Federated States of Micronesia local short form: none former: Trust Territory of the Pacific Islands, Ponape, Truk, and Yap Districts abbreviation: FSM	conventional long form: Republic of Iceland conventional short form: Iceland local long form: Lydhveldidh Island local short form: Island
Currency	-	Icelandic krona (ISK)
Death rate	4.75 deaths/1,000 population (2006 est.)	6.57 deaths/1,000 population (2004 est.)
Debt - external	$60.8 million (FY05 est.)	$2.6 billion (1999)
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, 96941 telephone: [691] 320-2187 FAX: [691] 320-2186	chief of mission: Ambassador James I. GADSDEN embassy: Laufasvegur 21, 101 Reykjavik mailing address: US Embassy, PSC 1003, Box 40, FPO AE 09728-0340 telephone: [354] 562-9100 FAX: [354] 562-9118
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, Tamuning (Guam)	chief of mission: Ambassador Helgi AGUSTSSON chancery: Suite 1200, 1156 15th Street NW, Washington, DC 20005-1704 telephone: [1] (202) 265-6653 FAX: [1] (202) 265-6656 consulate(s) general: New York
Disputes - international	none	Rockall continental shelf dispute involving Denmark, Iceland, and the UK (Ireland and the UK have signed a boundary agreement in the Rockall area) remains dormant; dispute with Denmark over the Faroe Islands' fisheries median line boundary within 200 nm; disputes with Denmark, the UK, and Ireland over the Faroe Islands continental shelf boundary outside 200 nm
Economic aid - donor	-	NA
Economic aid - recipient	$86.3 million under terms of the Compact of Free Association, the US pledged $1.3 billion in grant aid during the period 1986-2001; the level of aid has been subsequently reduced	-
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. The Amended Compact of Free Association with the US guarantees the Federated States of Micronesia (FSM) millions of dollars in annual aid through 2023, and establishes a Trust Fund into which the US and the FSM make annual contributions in order to provide annual payouts to the FSM in perpetuity after 2023. 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.	Iceland's Scandinavian-type economy is basically capitalistic, yet with an extensive welfare system (including generous housing subsidies), low unemployment, and remarkably even distribution of income. In the absence of other natural resources (except for abundant geothermal power), the economy depends heavily on the fishing industry, which provides 70% of export earnings and employs 12% of the work force. The economy remains sensitive to declining fish stocks as well as to fluctuations in world prices for its main exports: fish and fish products, aluminum, and ferrosilicon. Government policies include reducing the budget and current account deficits, limiting foreign borrowing, containing inflation, revising agricultural and fishing policies, diversifying the economy, and privatizing state-owned industries. The government remains opposed to EU membership, primarily because of Icelanders' concern about losing control over their fishing resources. Iceland's economy has been diversifying into manufacturing and service industries in the last decade, and new developments in software production, biotechnology, and financial services are taking place. The tourism sector is also expanding, with the recent trends in ecotourism and whale watching. Growth had been remarkably steady in 1996-2001 at 3%-5%, but could not be sustained in 2002 in an environment of global recession. Growth resumed in 2003, and inflation dropped back from 5% to 2%.
Electricity - consumption	178.6 million kWh (2002)	7.341 billion kWh (2001)
Electricity - exports	0 kWh (2002)	0 kWh (2001)
Electricity - imports	0 kWh (2002)	0 kWh (2001)
Electricity - production	192 million kWh (2002)	7.894 billion kWh (2001)
Elevation extremes	lowest point: Pacific Ocean 0 m highest point: Dolohmwar (Totolom) 791 m	lowest point: Atlantic Ocean 0 m highest point: Hvannadalshnukur 2,119 m (at Vatnajokull glacier)
Environment - current issues	overfishing, climate change, pollution	water pollution from fertilizer runoff; inadequate wastewater treatment
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: Air Pollution, Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Hazardous Wastes, Kyoto Protocol, Law of the Sea, Marine Dumping, Ozone Layer Protection, Ship Pollution, Transboundary Air Pollution, Wetlands signed, but not ratified: Air Pollution-Persistent Organic Pollutants, Environmental Modification, Marine Life Conservation
Ethnic groups	nine ethnic Micronesian and Polynesian groups	homogeneous mixture of descendants of Norse and Celts 94%, population of foreign origin 6%
Exchange rates	the US dollar is used	Icelandic kronur per US dollar - 76.709 (2003), 91.6617 (2002), 97.4246 (2001), 78.6159 (2000), 72.3353 (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) cabinet: Cabinet includes the vice president and the heads of the eight executive departments elections: president and vice president elected by Congress from among the four senators at large for a four-year term (eligible for a second term); election last held 11 May 2003 (next to be held 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 Olafur Ragnar GRIMSSON (since 1 August 1996) head of government: Prime Minister Halldor ASGRIMSSON (since 15 September 2004); note - Former Prime Minister David ODDSSON switched positions with former Foreign Minister Halldor ASGRIMMSON cabinet: Cabinet appointed by the prime minister and approved by Parliament elections: president, which is largely a ceremonial post, elected by popular vote for a four-year term; election last held 26 June 2004 (next to be held June 2008); prime minister appointed by the president election results: Olafur Ragnar GRIMSSON wins with 85.6% of the vote, Baldur AGUSTSSON 12.5%, Astthor MAGNUSSON 1.9%
Exports	$14 million (f.o.b.) (2004 est.)	0 bbl/day (2001)
Exports - commodities	fish, garments, bananas, black pepper	fish and fish products 70%, animal products, aluminum, diatomite, ferrosilicon
Exports - partners	Japan, US, Guam (2004)	Germany 17.4%, UK 17.4%, Netherlands 11.2%, US 9.8%, Spain 6.3%, Denmark 5%, Norway 4.5%, France 4% (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	blue with a red cross outlined in white extending to the edges of the flag; the vertical part of the cross is shifted to the hoist side in the style of the Dannebrog (Danish flag)
GDP	-	purchasing power parity - $8.678 billion (2003 est.)
GDP - composition by sector	agriculture: 28.9% industry: 15.2% services: 55.9% (2000 est.)	agriculture: 9.2% (includes fishing 12%) industry: 26.7% services: 64.2% (2003 est.)
GDP - per capita	-	purchasing power parity - $30,900 (2003 est.)
GDP - real growth rate	0.3% (2005 est.)	2.6% (2003 est.)
Geographic coordinates	6 55 N, 158 15 E	65 00 N, 18 00 W
Geography - note	four major island groups totaling 607 islands	strategic location between Greenland and Europe; westernmost European country; Reykjavik is the northernmost national capital in the world; more land covered by glaciers than in all of continental Europe
Highways	-	total: 12,955 km paved/oiled gravel: 3,863 km unpaved: 9,092 km (2003)
Household income or consumption by percentage share	lowest 10%: NA% highest 10%: NA%	lowest 10%: NA highest 10%: NA
Imports	$132.7 million f.o.b. (2004)	15,470 bbl/day (2001)
Imports - commodities	food, manufactured goods, machinery and equipment, beverages	machinery and equipment, petroleum products; foodstuffs, textiles
Imports - partners	US, Japan, Hong Kong (2004)	Germany 11.8%, Denmark 8%, US 7.5%, UK 7.5%, Norway 7%, Sweden 6.5%, Netherlands 6.2%, Italy 4.7% (2003)
Independence	3 November 1986 (from the US-administered UN Trusteeship)	1 December 1918 (became a sovereign state under the Danish Crown); 17 June 1944 (from Denmark)
Industrial production growth rate	NA%	8.1% (2003 est.)
Industries	tourism, construction; fish processing, specialized aquaculture; craft items from shell, wood, and pearls	fish processing; aluminum smelting, ferrosilicon production, geothermal power; tourism
Infant mortality rate	total: 29.16 deaths/1,000 live births male: 32.17 deaths/1,000 live births female: 26.01 deaths/1,000 live births (2006 est.)	total: 3.31 deaths/1,000 live births male: 3.44 deaths/1,000 live births female: 3.17 deaths/1,000 live births (2004 est.)
Inflation rate (consumer prices)	2.2% (2005)	2.1% (2003 est.)
International organization participation	ACP, AsDB, FAO, G-77, IBRD, ICAO, ICRM, IDA, IFC, IFRCS, IMF, IOC, ITU, MIGA, OPCW, PIF, Sparteca, SPC, UN, UNCTAD, UNESCO, WHO, WMO	Australia Group, BIS, CBSS, CE, EAPC, EBRD, EFTA, FAO, IAEA, IBRD, ICAO, ICC, ICCt, ICFTU, ICRM, IDA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Interpol, IOC, ISO, ITU, MIGA, NATO, NC, NEA, NIB, OECD, OPCW, OSCE, PCA, UN, UNCTAD, UNESCO, UPU, WCO, WEU (associate), WHO, WIPO, WMO, WTO
Irrigated land	NA	NA sq km
Judicial branch	Supreme Court	Supreme Court or Haestirettur (justices are appointed for life by the Minister of Justice); eight district courts (justices are appointed for life by the Minister of Justice)
Labor force	37,410	160,000 (2003)
Labor force - by occupation	note: 0.9% two-thirds are government employees, 34.4%, 64.7%	agriculture 5.1%, fishing and fish processing 11.8%, manufacturing 12.9%, construction 10.7%, services 59.5% (1999)
Land boundaries	0 km	0 km
Land use	arable land: 5.71% permanent crops: 45.71% other: 48.58% (2005)	arable land: 0.07% permanent crops: 0% other: 99.93% (2001)
Languages	English (official and common language), Trukese, Pohnpeian, Yapese, Kosrean, Ulithian, Woleaian, Nukuoro, Kapingamarangi	Icelandic, English, Nordic languages, German widely spoken
Legal system	based on adapted Trust Territory laws, acts of the legislature, municipal, common, and customary laws	civil law system based on Danish law; has not accepted compulsory ICJ jurisdiction
Legislative branch	unicameral Congress (14 seats; 4 - 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 March 2007); elections for two-year term seats last held 8 March 2005 (next to be held March 2007) election results: percent of vote - NA%; seats - independents 14	unicameral Parliament or Althing (63 seats; members are elected by popular vote to serve four-year terms) elections: last held 10 May 2003 (next to be held by May 2007) election results: percent of vote by party - Independence Party 33.7%, Social Democratic Alliance 31.0%, Progressive Party 17.7%, Left-Green Alliance 8.8%, Liberal Party 7.4%; seats by party - Independence Party 22, Social Democratic Alliance 20, Progressive Party 12, Left-Green Alliance 5, Liberal Party 4
Life expectancy at birth	total population: 70.05 years male: 68.24 years female: 71.95 years (2006 est.)	total population: 80.18 years male: 78.18 years female: 82.27 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: 99.9% (1997 est.) male: NA female: NA
Location	Oceania, island group in the North Pacific Ocean, about three-quarters of the way from Hawaii to Indonesia	Northern Europe, island between the Greenland Sea and the North Atlantic Ocean, northwest of the UK
Map references	Oceania	Arctic Region
Maritime claims	territorial sea: 12 nm exclusive economic zone: 200 nm	territorial sea: 12 nm exclusive economic zone: 200 nm continental shelf: 200 nm or to the edge of the continental margin
Merchant marine	total: 2 ships (1000 GRT or over) 2,423 GRT/1,551 DWT by type: cargo 1, passenger/cargo 1 (2006)	total: 1 ships (1,000 GRT or over) 4,341 GRT/6,019 DWT by type: petroleum tanker 1 registered in other countries: 26 (2004 est.)
Military - note	defense is the responsibility of the US	defense is provided by the US-manned Icelandic Defense Force (IDF) headquartered at Keflavik
Military branches	no ministry of defense and no standing armed forces; the paramilitary Maritime Wing, a small maritime law enforcement unit, is responsible to the Division of Maritime Surveillance within the Office of the Attorney General (2003)	no regular armed forces; Police, Coast Guard
Military expenditures - dollar figure	-	0
Military manpower - availability	-	males age 15-49: 75,568 (2004 est.)
Military manpower - fit for military service	-	males age 15-49: 66,503 (2004 est.)
National holiday	Constitution Day, 10 May (1979)	Independence Day, 17 June (1944)
Nationality	noun: Micronesian(s) adjective: Micronesian; Chuukese, Kosraen(s), Pohnpeian(s), Yapese	noun: Icelander(s) adjective: Icelandic
Natural hazards	typhoons (June to December)	earthquakes and volcanic activity
Natural resources	forests, marine products, deep-seabed minerals, phosphate	fish, hydropower, geothermal power, diatomite
Net migration rate	-21.03 migrant(s)/1,000 population (2006 est.)	2.38 migrant(s)/1,000 population (2004 est.)
Political parties and leaders	no formal parties	Independence Party or IP [David ODDSSON]; Left-Green Alliance or LGP [Steingrimur SIGFUSSON]; Liberal Party or LP [Gudjon KRISTJANSSON]; Progressive Party or PP [Halldor ASGRIMSSON]; Social Democratic Alliance (includes People's Alliance or PA, Social Democratic Party or SDP, Women's List) or SDA [Ossur SKARPHEDINSSON]
Political pressure groups and leaders	-	NA
Population	108,004 (July 2006 est.)	293,966 (July 2004 est.)
Population below poverty line	26.7%	NA
Population growth rate	-0.11% (2006 est.)	0.97% (2004 est.)
Ports and harbors	-	Akureyri, Hornafjordhur, Isafjordhur, Keflavik, Raufarhofn, Reykjavik, Seydhisfjordhur, Straumsvik, Vesttmannaeyjar
Radio broadcast stations	AM 5, FM 1, shortwave 0 (2004)	AM 3, FM about 70 (including repeaters), shortwave 1 (1998)
Religions	Roman Catholic 50%, Protestant 47%, other 3%	Evangelical Lutheran 87.1%, other Protestant 4.1%, Roman Catholic 1.7%, other 7.1% (2002)
Sex ratio	NA	at birth: 1.04 male(s)/female under 15 years: 1.03 male(s)/female 15-64 years: 1.03 male(s)/female 65 years and over: 0.83 male(s)/female total population: 1 male(s)/female (2004 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: extensive domestic service domestic: the trunk network consists of coaxial and fiber-optic cables and microwave radio relay links international: country code - 354; satellite earth stations - 2 Intelsat (Atlantic Ocean), 1 Inmarsat (Atlantic and Indian Ocean regions); note - Iceland shares the Inmarsat earth station with the other Nordic countries (Denmark, Finland, Norway, and Sweden)
Telephones - main lines in use	12,400 (2005)	190,700 (2003)
Telephones - mobile cellular	14,100 (2005)	279,100 (2003)
Television broadcast stations	3; note - cable TV also available (2004)	14 (plus 156 low-power repeaters) (1997)
Terrain	islands vary geologically from high mountainous islands to low, coral atolls; volcanic outcroppings on Pohnpei, Kosrae, and Chuuk	mostly plateau interspersed with mountain peaks, icefields; coast deeply indented by bays and fiords
Total fertility rate	3.16 children born/woman (2006 est.)	1.93 children born/woman (2004 est.)
Unemployment rate	22% (2000 est.)	3.4% (2003 est.)

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