Quick Facts

Capital: Phonpei
Land:700 sq km - 607 islands
EEZ: 2.9 million sq km
Population: 119,000 (approx. for 2000)
Languages: English, Micronesian languages
Currency: United States Dollar
Economy: Agriculture and fisheries


Background Information
The Federated States of Micronesia are the four states of Yap, Chuuk, Pohnpei and Kosrae.

The FSM became fully self-governing in 1986 and was admitted to the United Nations in 1991. The FSM is headed by a president and comprises a 14 member National Congress. Each of the states elects its own legislature and governor.

The National Constitution defines the federal responsibilities which include immigration, taxes, duties and tariffs, regulation of currency, foreign and domestic trade, banking, navigation and shipping, insurance, telecommunications and the development of national resources.

Primary production is directed mainly at subsistence farming witht he coconut tree Kava and Betel nut as vital elements of the islanders' existence. In recent years there has been an increase in commercial fishing with the National Fisheries Corporation examining the potential for further development of international fishing rights.

There is little manufacturing industry, although there is potential for development of handicraft which is of a high quality. Similarly, tourism is largely undeveloped.

Contacts for further information:

The Secretary
Economic Affairs Department
PO Box PS-12
Pohnpei, FSM 96941
Tel: (691) 3202646
Fax: (691) 3205854

For up to date information on Federated States of Micronesia, please visit the NZ Ministry of Foreign Affairs and Trade's website link here.