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diments to long-term growth. GNP: purchasing power equivalent - $150 million, per capita $1,500; real growth rate NA% (1989 est.); note - GNP numbers reflect US spending Inflation rate (consumer prices): NA% Unemployment rate: NA Budget: revenues $165 million; expenditures $115 million, including capital expenditures of $20 million (1988) Exports: $2.3 million (f.o.b., 1988) commodities: copra partners: NA Imports: $67.7 million (c.i.f., 1988) commodities: NA partners: NA External debt: $NA Industrial production: growth rate NA% Electricity: 18,000 kW capacity; 40 million kWh produced, 380 kWh per capita (1990) Industries: tourism, construction, fish processing, craft items from shell, wood, and pearls Agriculture: mainly a subsistence economy; copra, black pepper; tropical fruits and vegetables, coconuts, cassava, sweet potatoes, pigs, chickens Economic aid: under terms of the Compact of Free Association, the US will provide $1.3 billion in grant aid during the period 1986-2001 Currency: US currency is used Exchange rates: US currency is used Fiscal year: 1 October - 30 September :Micronesia, Federated States of Communications Highways: 39 km of paved roads on major islands; also 187 km stone-, coral-, or laterite-surfaced roads Ports: Colonia (Yap), Truk (Kosrae), Okat (Kosrae) Airports: 6 total, 5 usable; 4 with permanent-surface runways; none with runways over 2,439 m; 4 with runways 1,220-2,439 Telecommunications: telephone network - 960 telephone lines total at Kolonia and Truk; islands interconnected by shortwave radio (used mostly for government purposes); 16,000 radio receivers, 1,125 TV sets (est. 1987); broadcast stations - 5 AM, 1 FM, 6 TV, 1 shortwave; 4 Pacific Ocean INTELSAT earth stations :Micronesia, Federated States of Defense Forces Note: defense is the responsibility of the US :Midway Islands Geography Total area: 5.2 km2 Land area: 5.2 km2; includes Eastern Island and Sand Island Comparative area: about nine times the size of the Mall in Washington, DC Land boundaries: none Coastline: 15 km Maritime claims: Contiguous zone: 12 nm Continental shelf: 200 m (depth) Exclusive economic zone: 200 nm Territorial sea: 12 nm Disputes: none Climate: trop
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