Micronesia
| Official Name: | The Federated States of Micronesia |
| Sovereign Status: | Sovereign Country |
| Government Type: | Federal Republic in Free Association with the US |
| Official Name (Local Language): | Federated States of Micronesia |
| ISO Country Codes: | FM : FSM |
| Internet Domain: | .fm |
| Government Web Site: | https://www.fsmgov.org/ |
| Capital: | Palikir | Main Airports: | Chuuk International Airport, Pohnpei International Airport, Yap International Airport |
| Language(s): | English | Population: | 101,009 |
| Currency: | US Dollar | ISO Currency Code: | USD |
| Telephone Dial In: | +691 | ID Prefix: | 011 |
Micronesia
| Government Website: | https://www.fsmgov.org/ |
| Central Bank: | Board of Governors of the Federal Reserve |
| Currency USD Exchange Rate: | Micronesia uses the US Dollar |
| Unemployment Rate: | 16.2% (2010 est.) |
| Population below poverty line: | 41.2% (2013 est.) |
| Inflation Rate: | 0.5% (2017 est.) |
| Prime Lending Rate: | 15.70% (2018 - World Bank) |
| GDP: | $375.055 million (2021 est.) |
| GDP Pro Capita (PPP): | $3,300 (2021 est.) |
| Currency Name: | US Dollar |
| Currency Code: | USD |
| World Bank Classification: | Lower-Middle Income Economy |
GDP Composition:
| Agriculture: | 26.3% | taro, yams, coconuts, bananas, cassava (manioc, tapioca), sakau (kava), Kosraen citrus, betel nuts, black pepper, fish, pigs, chickens |
| Industry: | 18.9% | tourism, construction; specialized aquaculture, craft items (shell and wood) |
| Services: | 54.8% |
Micronesia
Subject to Country Specific Sanctions? NO
| Business Language(s): | English |
| Customs & Excise: | Government of the Federated States of Micronesia |
| Development Bank(s): | Asian Development Bank; FSM Development Bank; Pacific Islands Development Bank (PIDB); |
| Competitive Ind’l Performance: N/A | Corruption Perceptions Index: N/A |
| Ease of Doing Business: N/A | Enabling Trade Index: N/A |
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Export Credit Agency: Caribbean Export Development Agency ;
Investment & Export Promotion Agency: Pacific Trade Invest ;
Imports:
$0.168 billion (2015 est.)
Main Imports:
food, beverages, clothing, computers, household electronics, appliances, manufactured goods, automobiles, machinery and equipment, furniture, tools
Exports:
$0.088 billion (2013 est.)
Main Exports:
fish, sakau (kava), betel nuts, black pepper
Top Export Partners:
Top Import Partners:
Source: Central Intelligence Agency Factbook
Micronesia
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