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.
Geography
Micronesia, Federated States of
Location:
Oceania, island group in the North Pacific Ocean, about three-quarters of the way from Hawaii to Indonesia
Geographic coordinates:
6 55 N, 158 15 E
Map references:
Oceania
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)
Area - comparative:
four times the size of Washington, DC (land area only)
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
English (official and common language), Chuukese, Kosrean, Pohnpeian, Yapese, Ulithian, Woleaian, Nukuoro, Kapingamarangi
Literacy:
definition: age 15 and over can read and write total population: 89% male: 91% female: 88% (1980 est.)
Education expenditures:
7.3% of GDP (2000)
Government
Micronesia, Federated States of
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
Government type:
constitutional government in free association with the US; the Compact of Free Association entered into force 3 November 1986 and the Amended Compact entered into force May 2004
Capital:
name: Palikir geographic coordinates: 6 55 N, 158 09 E time difference: UTC+11 (16 hours ahead of Washington, DC during Standard Time)
3 November 1986 (from the US-administered UN trusteeship)
National holiday:
Constitution Day, 10 May (1979)
Constitution:
10 May 1979
Legal system:
based on adapted Trust Territory laws, acts of the legislature, municipal, common, and customary laws; has not accepted compulsory ICJ jurisdiction
Suffrage:
18 years of age; universal
Executive branch:
chief of state: President Emanuel MORI (since 11 May 2007); Vice President Alik L. ALIK (since 11 May 2007); note - the president is both the chief of state and head of government head of government: President Emanuel MORI (since 11 May 2007); Vice President Alik L. ALIK (since 11 May 2007) 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 2007 (next to be held May 2011); note - a proposed constitutional amendment to establish popular elections for president and vice president failed election results: Emanuel MORI elected president; percent of Congress vote - NA; Alik L. ALIK elected vice president; percent of Congress vote - NA
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: last held 6 March 2007 (next to be held in March 2009) election results: percent of vote - NA%; seats - independents 14
chief of mission: Ambassador Yosiwo GEORGE chancery: 1725 N Street NW, Washington, DC 20036 telephone: [1] (202) 223-4383 FAX: [1] (202) 223-4391 consulate(s) general: Honolulu, Tamuning (Guam)
Diplomatic representation from the US:
chief of mission: Ambassador Miriam K. HUGHES embassy: 101 Upper Pics Road, Kolonia mailing address: P. O. Box 1286, Kolonia, Pohnpei, 96941 telephone: [691] 320-2187 FAX: [691] 320-2186
Flag description:
light blue with four white five-pointed stars centered; the stars are arranged in a diamond pattern
Economy
Micronesia, Federated States of
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. Under the original terms of the Compact of Free Association, the US provided $1.3 billion in grant aid during the period 1986-2001; the level of aid has been subsequently reduced. 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 current slow growth of the private sector.
GDP (purchasing power parity):
$277 million; note - supplemented by grant aid, averaging perhaps $100 million annually (2002 est.)
agriculture: 0.9% industry: 34.4% services: 64.7% note: two-thirds are government employees (FY05 est.)
Unemployment rate:
22% (2000 est.)
Population below poverty line:
26.7% (2000)
Household income or consumption by percentage share:
lowest 10%: NA% highest 10%: NA%
Inflation rate (consumer prices):
2.2% (2005)
Budget:
revenues: $127.3 million ($69 million less grants) expenditures: $144.2 million (FY05 est.)
Agriculture - products:
black pepper, tropical fruits and vegetables, coconuts, bananas, cassava (tapioca), sakau (kava), betel nuts, sweet potatoes; pigs, chickens; fish
Industries:
tourism, construction; fish processing, specialized aquaculture; craft items (from shell, wood, and pearls)
Industrial production growth rate:
NA%
Electricity - production:
192 million kWh (2002)
Electricity - production by source:
NA
Electricity - consumption:
178.6 million kWh (2002)
Electricity - exports:
0 kWh (2002)
Electricity - imports:
0 kWh (2002)
Current account balance:
-$34.3 million (FY05 est.)
Exports:
$14 million (f.o.b.) (2004 est.)
Exports - commodities:
fish, garments, bananas, black pepper, sakau (kava), betel nut
Exports - partners:
Japan, US, Guam (2006)
Imports:
$132.7 million f.o.b. (2004)
Imports - commodities:
food, manufactured goods, machinery and equipment, beverages
Imports - partners:
US, Japan, Hong Kong (2006)
Economic aid - recipient:
$106.4 million (2005)
Debt - external:
$60.8 million (FY05 est.)
Market value of publicly traded shares:
$NA
Currency (code):
US dollar (USD)
Currency code:
USD
Exchange rates:
the US dollar is used
Fiscal year:
1 October - 30 September
Communications
Micronesia, Federated States of
Telephones - main lines in use:
8,700 (2007)
Telephones - mobile cellular:
27,400 (2007)
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)
Radio broadcast stations:
AM 5, FM 1, shortwave 0 (2004)
Radios:
9,400 (1996)
Television broadcast stations:
3 (cable TV also available) (2004)
Televisions:
2,800 (1999)
Internet country code:
.fm
Internet hosts:
632 (2007)
Internet Service Providers (ISPs):
1 (2000)
Internet users:
15,000 (2007)
Transportation
Micronesia, Federated States of
Airports:
6 (2007)
Airports - with paved runways:
total: 6 1,524 to 2,437 m: 4 914 to 1,523 m: 2 (2007)
Roadways:
total: 240 km paved: 42 km unpaved: 198 km (2000)
Merchant marine:
total: 3 ships (1000 GRT or over) 3,560 GRT/2,060 DWT by type: cargo 1, passenger/cargo 2 (2008)
Ports and terminals:
Tomil Harbor
Military
Micronesia, Federated States of
Military branches:
no regular military forces
Manpower available for military service:
males age 16-49: 26,686 (2008 est.)
Manpower fit for military service:
males age 16-49: 21,748 (2008 est.)
Manpower reaching militarily significant age annually: