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Compare Micronesia, Federated States of (2006) - Iceland (2007)

Compare Micronesia, Federated States of (2006) z Iceland (2007)

 Micronesia, Federated States of (2006)Iceland (2007)
 Micronesia, Federated States ofIceland
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: 21.4% (male 32,759/female 31,845)


15-64 years: 66.8% (male 102,161/female 99,411)


65 years and over: 11.8% (male 16,162/female 19,593) (2007 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) 99 (2007)
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 (2007)
Airports - with unpaved runways - total: 94


1,524 to 2,437 m: 3


914 to 1,523 m: 28


under 914 m: 63 (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: 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.) 13.57 births/1,000 population (2007 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: $7.603 billion


expenditures: $6.737 billion (2006 est.)
Capital name: Palikir


geographic coordinates: 6 55 N, 158 08 E


time difference: UTC+10 (15 hours ahead of Washington, DC during Standard Time)
name: Reykjavik


geographic coordinates: 64 09 N, 21 57 W


time difference: UTC (5 hours ahead of Washington, DC during Standard Time)
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 4,970 km
Constitution 10 May 1979 16 June 1944, effective 17 June 1944; amended many times
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: Lydveldid Island


local short form: Island
Death rate 4.75 deaths/1,000 population (2006 est.) 6.77 deaths/1,000 population (2007 est.)
Debt - external $60.8 million (FY05 est.) $3.073 billion (2002)
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 Carol VAN VOORST


embassy: Laufasvegur 21, 101 Reykjavik


mailing address: US Department of State, 5640 Reykjavik Place, Washington, D.C. 20521-5640


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 Albert JONSSON


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 Iceland, the UK, and Ireland dispute Denmark's claim that the Faroe Islands' continental shelf extends beyond 200 nm
Economic aid - donor - $6.7 million (2004)
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 nearly 70% of export earnings and employs 6% 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 current account deficit, limiting foreign borrowing, containing inflation, revising agricultural and fishing policies, and diversifying the economy. 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. Since 2000 growth has varied from -1% in 2002 to 8% in 2004. The 2006 closure of the US military base at Keflavik had very little impact on the national economy; Iceland's low unemployment rate aided former base employees in finding alternate employment.
Electricity - consumption 178.6 million kWh (2002) 8.152 billion kWh (2005)
Electricity - exports 0 kWh (2002) 0 kWh (2005)
Electricity - imports 0 kWh (2002) 0 kWh (2005)
Electricity - production 192 million kWh (2002) 8.533 billion kWh (2005)
Elevation extremes lowest point: Pacific Ocean 0 m


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


highest point: Hvannadalshnukur 2,110 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, Air Pollution-Persistent Organic Pollutants, 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, Whaling


signed, but not ratified: 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 - 70.195 (2006), 62.982 (2005), 70.192 (2004), 76.709 (2003), 91.662 (2002)
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 Geir H. HAARDE (since 7 June 2006)


cabinet: Cabinet appointed by the prime minister


elections: president, largely a ceremonial post, is elected by popular vote for a four-year term (no term limits); election last held 26 June 2004 (next to be held in June 2008); following legislative elections, the leader of the majority party or the leader of the majority coalition is usually the prime minister


election results: Olafur Ragnar GRIMSSON 85.6%, Baldur AGUSTSSON 12.5%, Astthor MAGNUSSON 1.9%
Exports $14 million (f.o.b.) (2004 est.) 0 bbl/day (2004)
Exports - commodities fish, garments, bananas, black pepper fish and fish products 70%, aluminum, animal products, ferrosilicon, diatomite
Exports - partners Japan, US, Guam (2004) Netherlands 16.5%, UK 15.7%, Germany 15%, US 10.8%, Spain 6.4% (2006)
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 - composition by sector agriculture: 28.9%


industry: 15.2%


services: 55.9% (2000 est.)
agriculture: 5.6%


industry: 25%


services: 69.4% (2006 est.)
GDP - real growth rate 0.3% (2005 est.) 2.6% (2006 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
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) 17,450 bbl/day (2004)
Imports - commodities food, manufactured goods, machinery and equipment, beverages machinery and equipment, petroleum products, foodstuffs, textiles
Imports - partners US, Japan, Hong Kong (2004) US 12.8%, Germany 12.3%, Norway 7.1%, Sweden 6.9%, Denmark 6.1%, UK 5.3%, China 5.3%, Netherlands 4.8%, Japan 4.1% (2006)
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% 5% (2006 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: 3.27 deaths/1,000 live births


male: 3.41 deaths/1,000 live births


female: 3.12 deaths/1,000 live births (2007 est.)
Inflation rate (consumer prices) 2.2% (2005) 6.7% (2006 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 Arctic Council, Australia Group, BIS, CBSS, CE, EAPC, EBRD, EFTA, FAO, IAEA, IBRD, ICAO, ICC, ICCt, ICRM, IDA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, IMSO, Interpol, IOC, IPU, ISO, ITSO, ITU, ITUC, MIGA, NATO, NC, NEA, NIB, OECD, OPCW, OSCE, PCA, Schengen Convention, UN, UNCTAD, UNESCO, UPU, WCO, WEU (associate), WHO, WIPO, WMO, WTO
Irrigated land NA NA
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 37,410 175,000 (2006 est.)
Labor force - by occupation note: 0.9% two-thirds are government employees, 34.4%, 64.7% agriculture: 5.1%


industry: 23%


services: 71.4% (2005)
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% (2005)
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 12 May 2007 (next to be held by May 2011)


election results: percent of vote by party - Independence Party 36.6%, Social Democratic Alliance 26.8%, Progressive Party 11.7%, Left-Green Movement 14.3%, Liberal Party 7.3%, other 3.3%; seats by party - Independence Party 25, Social Democratic Alliance 18, Progressive Party 7, Left-Green Alliance 9, Liberal Party 4
Life expectancy at birth total population: 70.05 years


male: 68.24 years


female: 71.95 years (2006 est.)
total population: 80.43 years


male: 78.33 years


female: 82.62 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: 99%


male: 99%


female: 99% (2003 est.)
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: 2 ships (1000 GRT or over) 4,704 GRT/729 DWT


by type: passenger/cargo 2


registered in other countries: 41 (Antigua and Barbuda 9, Bahamas 1, Belize 1, Faroe Islands 4, Gibraltar 1, Malta 7, Norway 3, St Vincent and The Grenadines 15) (2007)
Military - note defense is the responsibility of the US under a 1951 bilateral agreement, Iceland's defense was provided by a US-manned Icelandic Defense Force (IDF) headquartered in Keflavik; in October 2006, all US military forces in Iceland were withdrawn; nonetheless, the US and Iceland signed a Joint Understanding to strengthen their bilateral defense relationship, including regular security consultations, military communications in the event of national emergencies, annual bilateral exercises on Icelandic territory, and future bilateral and NATO support to four Iceland Air Defense System (IADS) radar sites
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 military forces; Icelandic National Police (2006)
Military expenditures - percent of GDP - 0% (2005 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.) 1.43 migrant(s)/1,000 population (2007 est.)
Political parties and leaders no formal parties Independence Party or IP [Geir H. HAARDE]; Left-Green Movement or LGM [Steingrimur SIGFUSSON]; Liberal Party or LP [Gudjon KRISTJANSSON]; Progressive Party or PP [Gudni AGUSTSSON]; Social Democratic Alliance or SDA [Ingibjorg Solrun GISLADOTTIR] (includes People's Alliance or PA, Social Democratic Party or SDP, Women's List)
Political pressure groups and leaders - NA
Population 108,004 (July 2006 est.) 301,931 (July 2007 est.)
Population below poverty line 26.7% NA%
Population growth rate -0.11% (2006 est.) 0.824% (2007 est.)
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% Lutheran Church of Iceland 85.5%, Reykjavik Free Church 2.1%, Roman Catholic Church 2%, Hafnarfjorour Free Church 1.5%, other Christian 2.7%, other or unspecified 3.8%, unaffiliated 2.4% (2004)
Sex ratio NA at birth: 1.04 male(s)/female


under 15 years: 1.029 male(s)/female


15-64 years: 1.028 male(s)/female


65 years and over: 0.825 male(s)/female


total population: 1.002 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), 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: telecommunications infrastructure is modern and fully digitized, with satellite-earth stations, fiber-optic cables, and an extensive broadband network


domestic: liberalization of the telecommunications sector beginning in the late 1990s has led to increased competition especially in the mobile services segment of the market


international: country code - 354; the CANTAT-3 and FARICE-1 submarine cable systems provide connectivity to Canada, the Faroe Islands, UK, Denmark, and Germany; a planned new section of the Hibernia-Atlantic submarine cable will provide additional connectivity to Canada, US, and Ireland; 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) 193,700 (2006)
Telephones - mobile cellular 14,100 (2005) 328,500 (2006)
Television broadcast stations 3; note - cable TV also available (2004) 14 (plus 156 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.) 1.91 children born/woman (2007 est.)
Unemployment rate 22% (2000 est.) 1.3% (2006 est.)
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