Micronesia Facts


Micronesian Federation, State of the Western Pacific; 701 km2, 113,000 residents (2019).The Micronesian Federation consists of the island states of Yap, Chuuk (before 1990 Truk), Pohnpei (before 1984 Ponape) and Kosrae in the Carolinas. The Micronesian Federation has more than 600 islands and atolls, spreading 2,900 km from west to east. The Republic borders in the south to Papua New Guinea and Nauru, in the west to Palau, in the north to Guam and the Northern Mariana Islands, and in the east to the Marshall Islands. The Micronesian Federation was formerly the United Nations Protectorate, managed by the United States since 1947, but since 1986 has been a federal republic in free association with the United States. The capital is Palikir on Pohnpei.

Federated States of Micronesia Country Flag

Country facts

  • Federated States of Micronesia / Micronesia Federation
  • Country abbreviation: FM
  • Area: 701 km2
  • Population (2019): 113,000 residents
  • Capital: Palikir
  • Main language: English
  • State: Republic
  • Head of State and Head of Government: David W. Panuelo (President)
  • Per capita GDP (2018): US $ 3,058
  • GNI per capita (2018): US $ 3,580
  • Currency unit: US $ 1 = 100 cents
  • Currency code: USD
  • Country number (telephony): 691
  • Internet domain name: fm
  • Time difference compared to Sweden: +9 to +10
  • National Day: May 10 (Independence Day, 1979)

Nature

  • Land use: forest (22%), agricultural land (33%), other (45%)
  • Highest mountain: Dolohmwar (790 m asl)

Population

  • Population density (2019): 161 residents per km2
  • Natural population growth (2019): 1.9%; birthrate 24 ‰, death count 5 ‰
  • Age structure (2019): 0-14 years (32%), 15-64 (64%), 65- (4%)
  • Life expectancy (2019): men 69 years, women 72 years
  • Infant mortality (2019): 29 per 1,000 live births
  • Population forecast 2050: 100,000 residents
  • HDI (2017): 0.627 (place 131 of 189)
  • Urbanization rate (2019): 23%
  • Most popular cities (2012): Weno (12,900 residents), Palikir (7,700)

Business

  • Industry’s contribution to GDP (2013): agriculture (26%), industry (19%), service (55%)
  • Export (2013): US $ 88 million
  • Main export products: fish, craft products, bananas
  • Main exporting countries: Japan, USA
  • Imports (2013): US $ 258 million
  • Main import products: food, machinery, fuel
  • Main importing countries: USA, Australia, Japan
  • Railway network: nothing in operation

The Micronesian Federation is an island state where most of the islands are atolls made up of volcanic rocks. However, Yap, farthest to the west, is of continental origin. The climate is tropical with high rainfall.

The country’s legislative assembly, the congress, has 14 members: ten elected for two years and four for four years. The latter represent each of the four states. Among them are elected, also for four years, a president and a vice-president, after which the vacancies in Congress are filled. The country was formed in 1979 as a federation with local autonomy and in 1986 gained the status as an independent republic with close ties to the United States.

The service industries, which are dominated by public administration, contribute most of GDP. However, at least half the population still relies on agriculture and fishing. An important source of income is the leasing of fishing water to Japanese companies. There is almost no industry, but construction and small crafts have some significance. In recent years, the importance of tourism has also increased.

Micronesia Map

Micronesia Map

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