SELECT EDITION
CATEGORIES
◆ COMMUNICATIONS(10 fields)
Internet Service Providers (ISPs)
1 (2000)
Internet country code
.fm
Internet users
2,000 (2000)
Radio broadcast stations
AM 5, FM 1, shortwave 0 (1998)
Radios
NA
Telephone system
general assessment: adequate system domestic: islands interconnected by shortwave radiotelephone (used mostly for government purposes) international: satellite earth stations - 4 Intelsat (Pacific Ocean)
Telephones - main lines in use
11,000 (2001)
Telephones - mobile cellular
NA
Television broadcast stations
2 (1997)
Televisions
NA
◆ ECONOMY(30 fields)
Agriculture - products
black pepper, tropical fruits and vegetables, coconuts, cassava (tapioca), sweet potatoes; pigs, chickens
Budget
revenues: $161 million ($69 million less grants) expenditures: $160 million, including capital expenditures of $NA (1998 est.)
Currency
US dollar (USD)
Currency code
USD
Debt - external
$111 million (1997 est.)
Economic aid - recipient
under terms of the Compact of Free Association, the US will provide $1.3 billion in grant aid during the period 1986-2001
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 remoteness of the location and a lack of adequate facilities hinder development. In 1996, the country experienced a 20% reduction in revenues from the Compact of Free Association - the agreement between the US and Micronesia in which Micronesia receives $1.3 billion in financial and technical assistance over a 15-year period until 2001 - as a result of the second step-down under the agreement. Since these revenues accounted for 57% of consolidated government revenues, reduced Compact funding resulted in a severe depression. While Micronesia's economy appears to have bottomed out in 1999, the country's medium-term economic outlook remains fragile due to likely further reductions in external grants made under the US Compact funding. Geographical isolation and a poorly developed infrastructure remain major impediments to long-term growth.
Electricity - consumption
NA kWh
Electricity - production
NA kWh
Electricity - production by source
fossil fuel: NA% hydro: NA% nuclear: NA% other: NA%
Exchange rates
the US dollar is used
Exports
$73 million (f.o.b., 1996 est.)
Exports - commodities
fish, garments, bananas, black pepper
Exports - partners
Japan, US, Guam
Fiscal year
1 October - 30 September
GDP
purchasing power parity - $263 million (1999 est.) note: GDP is supplemented by grant aid, averaging perhaps $100 million annually
GDP - composition by sector
agriculture: 19% industry: 4% services: 77% (1996 est.)
GDP - per capita
purchasing power parity - $2,000 (1999 est.)
GDP - real growth rate
0.3% (1999 est.)
Household income or consumption by percentage share
lowest 10%: NA% highest 10%: NA%
Imports
$168 million (c.i.f., 1996 est.)
Imports - commodities
food, manufactured goods, machinery and equipment, beverages
Imports - partners
US, Japan, Australia
Industrial production growth rate
NA%
Industries
tourism, construction, fish processing, craft items from shell, wood, and pearls
Inflation rate (consumer prices)
2.6% (FY98/99)
Labor force
NA
Labor force - by occupation
two-thirds are government employees
Population below poverty line
NA%
Unemployment rate
16% (1999 est.)
◆ GEOGRAPHY(18 fields)
Area
total: 702 sq km land: 702 sq km water: 0 sq km note: includes Pohnpei (Ponape), Truk (Chuuk) Islands, Yap Islands, and Kosrae
Area - comparative
four times the size of Washington, DC
Climate
tropical; heavy year-round rainfall, especially in the eastern islands; located on southern edge of the typhoon belt with occasionally severe damage
Coastline
6,112 km
Elevation extremes
lowest point: Pacific Ocean 0 m highest point: Totolom 791 m
Environment - current issues
overfishing
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
Geographic coordinates
6 55 N, 158 15 E
Geography - note
four major island groups totaling 607 islands
Irrigated land
NA sq km
Land boundaries
0 km
Land use
arable land: NA% permanent crops: NA% permanent pastures: NA% forests and woodland: NA% other: NA%
Location
Oceania, island group in the North Pacific Ocean, about three-quarters of the way from Hawaii to Indonesia
Map references
Oceania
Maritime claims
exclusive economic zone: 200 NM territorial sea: 12 NM
Natural hazards
typhoons (June to December)
Natural resources
forests, marine products, deep-seabed minerals
Terrain
islands vary geologically from high mountainous islands to low, coral atolls; volcanic outcroppings on Pohnpei, Kosrae, and Truk
◆ GOVERNMENT(19 fields)
Administrative divisions
4 states; Chuuk (Truk), Kosrae, Pohnpei, Yap
Capital
Palikir
Constitution
10 May 1979
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
Diplomatic representation from the US
chief of mission: Ambassador Diane E. WATSON embassy: address NA, Kolonia mailing address: P. O. Box 1286, Kolonia, Pohnpei, Federated States of Micronesia 96941 telephone: [691] 320-2187
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
Executive branch
chief of state: President Leo A. FALCAM (since 21 July 1999); Vice President Redley KILLION (since 21 July 1999); note - the president is both the chief of state and head of government head of government: President Leo A. FALCAM (since 21 July 1999); Vice President Redley KILLION (since 21 July 1999); 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 NA May 1999 (next to be held NA May 2003) election results: Leo A. FALCAM elected president; percent of Congress vote - NA%; Redley KILLION elected vice president; percent of Congress vote - NA%
FAX
[1] (202) 223-4391 consulate(s) general: Honolulu and Tamuning (Guam)
FAX
[691] 320-2186
Flag description
light blue with four white five-pointed stars centered; the stars are arranged in a diamond pattern
Government type
constitutional government in free association with the US; the Compact of Free Association entered into force 3 November 1986
Independence
3 November 1986 (from the US-administered UN Trusteeship)
International organization participation
ACP, AsDB, ESCAP, G-77, IBRD, ICAO, IDA, IFC, IMF, Intelsat, IOC, ITU, OPCW, Sparteca, SPC, SPF, UN, UNCTAD, UNESCO, WHO, WMO
Judicial branch
Supreme Court
Legal system
based on adapted Trust Territory laws, acts of the legislature, municipal, common, and customary laws
Legislative branch
unicameral Congress (14 seats; members elected by popular vote; four - one elected from each of 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 2 March 1999 (next to be held NA March 2003); elections for two-year term seats last held 6 March 2001 (next to be held NA March 2003) election results: percent of vote - NA%; seats - independents 14
National holiday
Constitution Day, 10 May (1979)
Political parties and leaders
no formal parties
Suffrage
18 years of age; universal
◆ INTRODUCTION(1 fields)
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 United States. Present concerns include large-scale unemployment, overfishing, and overdependence on US aid.
◆ MILITARY(1 fields)
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
◆ PEOPLE(10 fields)
Age structure
0-14 years: NA% 15-64 years: NA% 65 years and over: NA%
Ethnic groups
nine ethnic Micronesian and Polynesian groups
HIV/AIDS - adult prevalence rate
NA%
HIV/AIDS - deaths
NA
HIV/AIDS - people living with HIV/AIDS
NA
Languages
English (official and common language), Trukese, Pohnpeian, Yapese, Kosrean
Literacy
definition: age 15 and over can read and write total population: 89% male: 91% female: 88% (1980 est.)
Nationality
noun: Micronesian(s) adjective: Micronesian; Kosrae(s), Pohnpeian(s), Trukese, Yapese
Population
134,597 (July 2001 est.)
Religions
Roman Catholic 50%, Protestant 47%, other and none 3%
◆ TRANSNATIONAL ISSUES(1 fields)
Disputes - international
none
◆ TRANSPORTATION(8 fields)
Airports
7 (2000 est.)
Airports - with paved runways
total: 6 1,524 to 2,437 m: 4 914 to 1,523 m: 2 (2000 est.)
Airports - with unpaved runways
total: 1 914 to 1,523 m: 1 (2000 est.)
Highways
total: 240 km paved: 42 km unpaved: 198 km (1996)
Merchant marine
none (2000 est.)
Ports and harbors
Colonia (Yap), Kolonia (Pohnpei), Lele, Moen
Railways
0 km
Waterways
none