Micronesia - Poverty and wealth



The average per capita income was estimated at $2,000 in 1998 (in the United States, by way of comparison, per capita income in 1998 was $29,340). Although manufactured goods are expensive, as they are mostly imported, basic foodstuffs are cheap, and this does much to alleviate poverty. The government has a considerable amount of income at its disposal as a result of the financial support from the United States, and as a result, it is able to support sections of the community (such as farmers in the outlying islands, with the subsidy of copra production) that might otherwise be in poverty.

GDP per Capita (US$)
Country 1996 1997 1998 1999 2000
Federated States of Micronesia 1,760 2,000 N/A 2,000 N/A
United States 28,600 30,200 31,500 33,900 36,200
Philippines 2,600 3,200 3,500 3,600 3,800
Solomon Islands 3,000 3,000 2,600 2,650 2,000
Note: Data are estimates.
SOURCE: Handbook of the Nations , 17th, 18th, 19th and 20th editions for 1996, 1997, 1998 and 1999 data; CIA World Factbook 2001 [Online] for 2000 data.

There is a compulsory education law that requires all children to begin school at the age of 6. Children may leave school when they reach the age of 14 or after completing the eighth grade. There are virtually 100 percent enrollment rates in primary and, until the age of 14, in secondary education. The adult literacy rate was estimated at 89 percent in 1980. The government maintains a free medical service.

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User Contributions:

Which continent is Micronesia,how do i create relationship with the development partners there?
Am from Uganda in the African continent, working with an NGO called Mukono Multipurpose Youth Organization (MUMYO).Amongst our activities we have HIV counseling,Education support to orphans and other vulnerable children and Agricultural activities.

NICE TIME

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