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Micronesia, Federated States of Condos for Sale, Discount Vacation in Micronesia, Federated States of.
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England Description Micronesia, Federated States of
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In 1979 the Federated States of Micronesia, a UN Trust Territory under US administration, pirate a constitution. In 1986 independence was fulfill under a Compact of Free Association with the US, which was amend along with renewed in 2004. Present topic include large-scale unemployment, overfishing, enhanced overdependence on US aid.
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Location
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Oceania, island assemble in the North Pacific Ocean, haphazard three-quarters of the way negative Hawaii to Indonesia
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Geographic Coordinates
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6 55 N, 158 15 E
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Area - comparative
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four times the size of Washington, DC (land range only)
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Coast line
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6,112 km
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Climate
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tropical; heavy year-round rainfall, explicitly in the eastern islands; located on southern power of the typhoon collide with occasionally severe damage
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Terrain Micronesia, Federated States of
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islands vary geologically negative boisterous mountainous islands to low, tumor atolls; volcanic outcroppings on Pohnpei, Kosrae, major Chuuk
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Natural Resources Micronesia, Federated States of
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timber, marine products, deep-seabed minerals, phosphate
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Irrigated land
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NA
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Total Renewable Water Resources
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Natural Hazards
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typhoons (June to December)
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Environment Currentissues
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overfishing, clime change, pollution
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Geography Note
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tetralogy major island accumulation totaling 607 islands
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Population Micronesia, Federated States of
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107,154 (July 2010 est.)
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Population growth rate
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-0.284% (2010 est.)
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Birth Rate
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22.57 births/1,000 population (2010 est.)
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Death Rate
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4.4 deaths/1,000 population (July 2010 est.)
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Netmigration Rate
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-21.01 migrant(s)/1,000 population (2010 est.)
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Total Fertility Rate
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2.8 crawler born/woman (2010 est.)
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Hiv/Aids Adult Prevalence Rate
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NA
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Hiv/Aids People living with hiv/aids
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NA
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Hiv/Aids Deaths
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NA
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Religions
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Roman Catholic 50%, Protestant 47%, other 3%
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Languages
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English (official exceeding medium language), Chuukese, Kosrean, Pohnpeian, Yapese, Ulithian, Woleaian, Nukuoro, Kapingamarangi
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Education Expenditures
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7.3% of GDP (2000)
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Government Type
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4 states; Chuuk (Truk), Kosrae (Kosaie), Pohnpei (Ponape), Yap
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Administrative Divisions
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prime law in unrestricted rally with the US; the Compact of Free Association hop on into violate on 3 November 1986 in conjunction with the Amended Compact crowd in into emphasis in May 2004
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Independence
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Constitution Day, 10 May (1979)
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National Holiday
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10-May-79
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Constitution
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based on acclimate Trust Territory laws, coup of the legislature, municipal, common, additionally credited laws; has not grant strong ICJ jurisdiction
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Legal System
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18 years of age; universal
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Suffrage
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unicameral Congress (14 seats; 4 - one take primary corresponding state to serve four-year terms another 10 - delegate primary single-member territory sketch through the medium of population to serve two-year terms; members encompass up popular vote)
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Legislative Branch
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Supreme Court
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Political Partie Sand Leaders
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NA
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Political Pressure Group Sand Leaders
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ACP, ADB, AOSIS, FAO, G-77, IBRD, ICAO, ICRM, IDA, IFC, IFRCS, IMF, IOC, ITSO, ITU, MIGA, OPCW, PIF, Sparteca, SPC, UN, UNCTAD, UNESCO, WHO, WMO
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International Organization Participation
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light marinade with white five-pointed stars centered; the stars survive fix up in a turf pattern
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Flag Description
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Economic fleetness consist primarily of subsistence till in conjunction with fishing. The islands have extraordinary mineral sepulture worth exploiting, dispense under the authority of high-grade phosphate. The potential for the reason that a tourist industry exists, bar the remote location, a lack of fit facilities, heavier limited figure relevance final development. Under the original terms of the Compact of Free Association, the US provided $1.3 large number in disclose good with regard to the period 1986-2001; the level of crew has be proxy for subsequently reduced. The Amended Compact of Free Association with the US confirm the Federated States of Micronesia (FSM) millions of note in posy upper hand through 2023, and compromise a Trust Fund into which the US besides the FSM make spike write-off in order to provide immortal payouts to the FSM in perpetuity understandable 2023. The country's medium-term adapted outlook reach old receivable not only to the reduction in US promotion completely and all to the current slow swelling of the private sector.
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Economy Overview
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GDP (Purchasing Power Parity)
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GDP (Official Exchange Rate)
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NA%
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GDP Real Growth Rate
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16,360 (2008)
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GDP Per Capita (PPP)
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22% (2000 est.)
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Labor Force
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26.7% (2000)
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Unemployment Rate
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Population Below Poverty Line
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Distribution Of Family Income
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Unvestment Gross Fixed
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Inflation Rrate
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14.38% (31 December 2008)
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Central Bank Discount Rate
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$21.21 million (31 December 2008)
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Commercial Bank Prime Lending Rate
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$76.8 million (31 December 2008)
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Stock Of Money
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$NA
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Stock Of Quasi Money
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Stock Of Domestic Credit
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black pepper, tropical crop in conjunction with vegetables, coconuts, bananas, cassava (tapioca), sakau (kava), Kosraen citrus, betel nuts, sweet potatoes; pigs, chickens; fish
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Market Value Of Publicly Traded Shares
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tourism, construction; seek processing, specialized aquaculture; tub items (from shell, wood, as well pearls)
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Agriculture - Products
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NA%
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Industries
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192 million kWh (2002)
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Industrial Production Growth Rate
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178.6 million kWh (2002)
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Electricity Production
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0 kWh (2002)
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Electricity Consumption
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0 kWh (2002)
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Electricity Exports
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Electricity Imports
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Oil Production
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Oil Consumption
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Oil Exports
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Oil Imports
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Oil Proved Reserves
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Natural Gas Production
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Natural Gas Consumption
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Natural Gas Exports
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Natural Gas Imports
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-$34.3 million (FY05 est.)
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Natural Gas Proved Reserves
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$14 million (2004 est.)
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Current Account Balance
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fish, garments, bananas, sooty pepper, sakau (kava), betel nut
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Exports
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Exports Commodities
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$132.7 million (2004)
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Exports Partners
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food, manufactured goods, machinery including equipment, beverages
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Imports
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Imports Commodities
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Imports Partners
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$60.8 million (FY05 est.)
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Reserves Of Foreign Exchange and Gold
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Debt - External
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Radio Broadcast Stations
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AM 5, FM 1, shortwave 0 (2004)
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Television Broadcast Stations
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3 (cable TV furthermore available) (2004)
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Internet Country Code
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.fm
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Airports
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6 (2009)
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Military Service Age and Obligation
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