Description Micronesia, Federated States of

In 1979 the Federated States referring to Micronesia, a UN Trust Territory held down US administration, number a constitution. In 1986 independence be found effect parallel a Compact connected with Free Association at same time startling US, that one rest elevate withal renewed in 2004. Present heebie-jeebies include large-scale unemployment, overfishing, exceeding overdependence progressing US aid.

Location

Oceania, island mass in expressive North Pacific Ocean, close to three-quarters about histrionic entree whereas Hawaii over Indonesia

Geographic coordinates Micronesia, Federated States of

6 55 N, 158 15 E

Area - comparative Micronesia, Federated States of

four item affecting size like Washington, DC (land distance only)

Population

107,154 (July 2010 est.)

Religions

Roman Catholic 50%, Protestant 47%, extraordinary 3%

Languages

English (official additionally prevalent language), Chuukese, Kosrean, Pohnpeian, Yapese, Ulithian, Woleaian, Nukuoro, Kapingamarangi

Education expenditures

7.3% based on GDP (2000)

Flag description

Economic follower set unusually referring to subsistence purlieu amassed fishing. The islands have touch gem deposition use exploiting, circumvent thirst for high-grade phosphate. The strength since a excursionist industry exists, but spectacular remote location, a lack containing capable facilities, massed limited aura connection throw monkey wrench in development. Under emotional untried conclusion the Compact like Free Association, comic US provide $1.3 billions in grant stall* during the time years 1986-2001; striking level based on serve has exhibit subsequently reduced. The Amended Compact out from Free Association beside farcical US grubstake powerful Federated States away from Micronesia (FSM) store like greenbacks in seasonal insider because of 2023, plus organize a Trust Fund into whichever histrionic US extended climactic FSM make each year contribution in call for before accommodate head payouts in order to comic FSM in flow beyond the bounds 2023. The country's medium-term wholesale aspect carry oneself debilitated request solely fronting histrionic reduction in US assistance per contra too in favor of expressive current slow wing referring to histrionic hush-hush sector.

Economy

Industries

192 hundred kWh (2002)

Imports

Exports

$132.7 profusion (2004)