Economy
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Reviewed by: Editorial Staff
Overall rating: |
Economic activity consists primarily of subsistence farming and fishing. The islands have few mineral deposits, except for high-grade phosphate. The remote location and lack of infrastructure hinder the exploitation of its tourism potential.
The average daily budget for a tourist in Micronesia is around 100 $ to 200 $. An average meal costs about 10 $ to 15 $. The taxi services, available throughout the island, are quite inexpensive.
