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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 United States. Present concerns include large-scale unemployment, overfishing, and overdependence on US aid.
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Country
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Surface Area: 702 sq km (607 islands, includes Pohnpei (Ponape), Truk (Chuuk) Islands, Yap Islands, and Kosrae)
Population: 135,869 (July 2002 est.)
Located in: Oceania, island group in the North Pacific Ocean
Capital City: Palikir
Head of State: Leo A. FALCAM
Prime Minister: Leo A. FALCAM
Independent since: 3 November 1986 (from the US-administered UN Trusteeship)
Currency: US dollar (USD)
Flag (image): 
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