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Micronesia
Micronesia · FSM · Oceania
25
Risk Score
Guarded→ Stable
Risk Factors
No recent events in pipeline
Overview
The Federated States of Micronesia (FSM) is a sovereign island nation in Micronesia, comprising four main island states. It maintains a Compact of Free Association with the United States, which provides defense and financial assistance. Its economy is largely subsistence-based, supplemented by fishing and US aid.
Leadership
Wesley Simina
President
Government: Constitutional Government in Free Association with the US
Aren Palik
Kandhi Elieisar
Elina Akinaga
Economy
GDP
$0.5B
GDP per Capita
$4.5K
GDP Growth
+2.0%
Inflation
3.0%
Unemployment
15.0%
Subsistence farming and fishingGovernment servicesTourism (limited)
Trade
Key Exports
Fish (tuna)Betel nutsHandicraftsCoconut products
Key Imports
FoodstuffsManufactured goodsMachinery and equipmentFuels
Top Partners
USJapanGuamAustraliaChina
Headlines (7)
guampdn2d ago
NWS tracking Invest 97W in Micronesia, conditions 'a little less favorable' for development
Read morethenews2d ago
China carries out rare Pacific ballistic missile test, raising regional tensions
Read more7news2d ago
Beijing sends four surveillance ships across Pacific ahead of nuclear missile test as flight path released
Read moretheguardian2d ago