FSM celebrated its first ever National Statistics Day...
  

Total fish catch in FSM EEZ, by Method, in Metric Tonnes, FY2005 to FY2010.

Employee Earnings by Institution, FSM: FY2005 to FY2010

Employment by Institutions, FSM, FY05 to FY11

FSM Gross National Income (GNI) FY2005 to FY2011

FSM Commercial Banking Statistics, FY2007 to FY2011.

We would like to thank the many individuals, businesses and institutions who have contributed their time and effort in responding to our quest for information. Without their goodwill, it would not be possible to provide the reliable information our country needs to plan for its future.

Organized information has always been important in understanding problems, in aiding intelligent decision making, and in providing a means of learning from our experience.

The importance of FSM statistical information increased as the demand from the government for information became more urgent. Statistics provided objective information for the government, for the private sectors, and for FSM people in all walks of life. Such information is useful for designing, evaluating and improving specific programs and policies. Even more important, it serves and continues to serve as a measure of the evolution of our society, economy, and environment.

In recent years, statistical information has become increasingly important. With the governments new national policies aimed at distributing its services fairly through out the country, it becomes even more important to have good information to be able to target limited expenditures to areas of greatest need.

FSM Division of Statistics reputation for high-quality, objective and timely information has gained the confidence of the public both at home and abroad. FSM Division of Statistics is constantly expanding its efforts to make more and more of this information available freely through its Web site. Whether you are looking for statistical information on a particular topic or analysis of our latest surveys, I am sure you will find your visit to our website interesting and informative.

CONSUMER PRICE INDEX
Federated States of Micronesia

4th Quarter 2008 to 4th Quarter 2011.

Volume 20. 

The FSM inflation rate for fourth quarter 2011 was 6.9 percent compared to last year's 3.7 percent over the same quarter. The 3.2 percentage points increase in the inflation rate reflected the increase in Services, Fuel light & water, ATSB, Food, Clothing & Footwear, Miscellaneous and Housing. On a state basis, the annual inflation rate for the fourth quarter 2011 was 7.3 percent in Pohnpei, 6.9 in Chuuk, and 6.3 in Kosrae.

Please check back for the full report to be available soon.

Based on the census, the FSM population is declining – for the first time in recorded history. Based on a recently released report, Summary Analysis Of Key Indicators from the FSM 2010 Census of Population and Housing, the FSM population, as of April 4, 2010, stood at 103 thousand as compared to 107 thousand in 2000.

According to the FSM Statistician, Mathew Chigiyal, “the declining population is primarily due to the massive migration out of the country; declining fertility also played a role but this is linked to the out migration of young women.”  The Summary Analysis of Key Indicators from the FSM 2010 Census of Population and Housing illustrated that there are 4% less women of child bearing age today than ten years ago.

The 2010 FSM Census of Population and Housing shows: Family size. The average family size declined from 7 in 2000 to 4 in 2010, indicating a preference for smaller families by couples in FSM. This also reflects on the fertility decline as well as young people delaying their first marriage.

Educational attainment. The census educational attainment (level of school completed for population aged 25 years and over) data showed some positive improvements: there is declining trend of “no schooling” (from 22.8 percent in 1994 to 8.1 percent in 2010); and also good progress in graduating from elementary (about 73 percent graduated elementary, increasing from the 60 percent in 1994).

However, the data also show some important features needing immediate attention:  there is almost no progress in attaining of high school education (36.1 percent in 1994 to 36.2 percent in 2010); and very slow progress in attaining of A.A. Degree level of education (10.7 percent in 2000 to 11.8 percent in 2010).

Labor force. The working age population, defined as people aged 15 years and older, accounted for 66,146 people representing an increase of 2,310 people (3.6 percent) since the last census in 2000. The actual labor force comprised of 37,919 people (22,076 males, 15,843 females); this represents a national labor force participation rate of 57.3 percent, with values of 66.1 percent for males and 48.4 percent for females. Of this group, 31,789 people had considered themselves as employed, while 6,130 reporting to be unemployed, revealing an unemployment rate of 16.2 percent for FSM (15.5 percent for males, 17.0 percent for females).

While the size of the labor force remains relatively the same, the number of people who are employed moderately increased. One of the main contributing factors to this positive improvement in employment is increasing participation in the informal sector (subsistence).

The FSM 2010 Census of Population and Housing Project is in its final phase – dissemination and communication of the census results. Upcoming outputs and activities include: the Census Analysis Report and communicating of results via (user) workshop. The tentative scheduled for release of the National Census Analysis Report is late 2012 or early 2013.

The Office of SBOC is also conducting the FSM 2012 Household Income and Expenditure Survey (HIES) later this year. This survey will provide a snapshot of the standard of living in the FSM with quality baseline social and economic data.

To download the summary analysis click here.

In addition to the summary analysis report, basic tabulations of the census results (data tables without analytical text) are also available for interested users upon request.

For inquiries regarding this release, contact: Mr. Mathew Chigiyal, Assistant Director for Statistics, Office of SBOC, Phone: (691) 320-2823/2824, Emails: mchigiyal@sboc.fm or fsmstat@sboc.fm

GROSS DOMESTIC PRODUCT
Federated States of Micronesia

2010 GDP Estimates

The nominal GDP estimates for the FSM was $297.5 million. The largest contributors being the Household sector ($88.3 million), Government ($79.4 million) and the Private sector  ($72.4 million). The estimated nominal GDP per capita was $2,898.

The constant GDP estimates was $243.1 million and its growth was 3.1%, showing an increase of 2.4% from the previous year.  By state, the real GDP was estimated to be $41.6 million for Yap, $71.8 million for Chuuk, $113.8 million for Pohnpei and $15.9 million for Kosrae state. 

The real GDP per capita was estimated to be $3,653 for Yap, $1,477 for Chuuk, $3,163 for Pohnpei and $2,398 for Kosrae in FY2010.

ESTIMATED HOUSEHOLD INCOME AND EXPENDITURE
Federated States of Micronesia

2005 Estimates

The current Household Income and Expenditure Survey (HIES) estimated total household income at $220.5 million and total household expenditure at $210.7

Major sources of income were wages and salaries, contributing $104 million (47%) to the total household income, ) and receipts from home-production activities (contributing 18%).

FSM households expenditures on food, housing & related expenses, and transportation & communications were the highest. The combined contributions from these three groups made up 66% of the total national expenditures.

For more detail information read the full report here.

CONSUMER PRICE INDEX
Federated States of Micronesia

4th Quarter 2004 to 4th Quarter 2007.

Volume 15.

The FSM inflation rate for fourth quarter 2007 was 3.5 percent compared to last year's 4.9 percent over the same quarter. The 1.4 percentage points decline in the inflation rate reflected the decreases in Food, ATSB, Clothing & Footwear, and Housing categories. On a state basis, the annual inflation rate for fourth quarter 2007 was 4.7 percent in Kosrae, 1.8 percent in Pohnpei, and 4.4 percent in both Chuuk and Yap.

Read the full report here.