Names: conventional long form: Federated States of Micronesia conventional short form: none local long form: Federated States of Micronesia local short form: none former: Trust Territory of the Pacific Islands, Ponape, Truk, and Yap Districts abbreviation: FSM

Capital City: Palikir

Population: 108,004 (July 2006 est.)

GDP Per Capita: $2,300 (2005 est.)

Currency: US dollar (USD)

Languages: English (official and common language), Trukese, Pohnpeian, Yapese, Kosrean, Ulithian, Woleaian, Nukuoro, Kapingamarangi

Total Area: total: 702 sq km land: 702 sq km water: 0 sq km (fresh water only) note: includes Pohnpei (Ponape), Chuuk (Truk) Islands, Yap Islands, and Kosrae (Kosaie) four times the size of Washington, DC (land area only)

Region: Oceania

Industries: tourism, construction; fish processing, specialized aquaculture; craft items from shell, wood, and pearls

Agriculture: black pepper, tropical fruits and vegetables, coconuts, cassava (tapioca), betel nuts, sweet potatoes; pigs, chickens; fish

Resources: forests, marine products, deep-seabed minerals, phosphate

Labor Force: 37,410 (2000)
note: 0.9% two-thirds are government employees, 34.4%, 64.7%

Exports: $14 million (f.o.b.) (2004 est.)
fish, garments, bananas, black pepper

Imports: $132.7 million f.o.b. (2004)
food, manufactured goods, machinery and equipment, beverages

Overview: Economic activity consists primarily of subsistence farming and fishing. The islands have few mineral deposits worth exploiting, except for high-grade phosphate. The potential for a tourist industry exists, but the remote location, a lack of adequate facilities, and limited air connections hinder development. The Amended Compact of Free Association with the US guarantees the Federated States of Micronesia (FSM) millions of dollars in annual aid through 2023, and establishes a Trust Fund into which the US and the FSM make annual contributions in order to provide annual payouts to the FSM in perpetuity after 2023. The country's medium-term economic outlook appears fragile due not only to the reduction in US assistance but also to the slow growth of the private sector.

_{CIA World Book}

In 2007 Missouri exported $52,799 in goods to Micronesia, Federated States Of. This ranks Micronesia, Federated States Of 182^nd among the 223 international buyers of Missouri goods. Missouri exports to Micronesia, Federated States Of increased from the previous year by $24,996 a change of 89.90%. State exports to Micronesia, Federated States Of have increased over the last 5 years by $24,823 a change of 88.73%. Missouri exports account for .00%. of all 2007 US exports to Micronesia, Federated States Of.