CountryFacts.com > Micronesia, Federated States of
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Micronesia, Federated States of
Capital:
Palikir
Population:
108,155 (July 2004 est.)
Flag
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 US. Present concerns include large-scale unemployment, overfishing, and overdependence on US aid.
Government type:
constitutional government in free association with the US; the Compact of Free Association entered into force 3 November 1986; economic provisions of the Compact are being renegotiated
GDP:
purchasing power parity - $277 million
note: GDP is supplemented by grant aid, averaging perhaps $100 million annually (2002 est.)
Internet users:
6,000 (2002)
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