Monaco

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Introduction - Monaco:

Country

Monaco

Background

The Genoese built a fortress on the site of present-day Monaco in 1215. The current ruling Grimaldi family secured control in the late 13th century, and a principality was established in 1338. Economic development was spurred in the late 19th century with a railroad linkup to France and the opening of a casino. Since then, the principalitys mild climate, splendid scenery, and gambling facilities have made Monaco world famous as a tourist and recreation center.

Location - Monaco:

Location

Western Europe, bordering the Mediterranean Sea on the southern coast of France, near the border with Italy

Geographic coordinates

43 44 N, 7 24 E

Map references

Europe

Area

total: 1.95 sq km
land: 1.95 sq km
water: 0 sq km

Area comparative

about three times the size of The Mall in Washington, DC

Land boundaries

total: 4.4 km
border countries: France 4.4 km

Coastline

4.1 km

Maritime claims

territorial sea: 12 nm

Climate

Mediterranean with mild, wet winters and hot, dry summers

Terrain

hilly, rugged, rocky

Elevation extremes

lowest point: Mediterranean Sea 0 m
highest point: Mont Agel 140 m

Natural resources

none

Land use

arable land: 0%
permanent crops: 0%
other: 100% (urban area) (2005)

Irrigated land

NA

Natural hazards

NA

Environment current issues

NA

Environment international agreements

party to: Air Pollution, Air Pollution-Sulfur 94, Air Pollution-Volatile Organic Compounds, Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Hazardous Wastes, Law of the Sea, Marine Dumping, Ozone Layer Protection, Ship Pollution, Wetlands, Whaling
signed, but not ratified: none of the selected agreements

Geography note

second-smallest independent state in the world (after Holy See); almost entirely urban

People - Monaco:

Population

32,671 (July 2007 est.)

Age structure

0-14 years: 15% (male 2,514/female 2,394)
15-64 years: 62.3% (male 10,047/female 10,312)
65 years and over: 22.7% (male 3,019/female 4,385) (2007 est.)

Median age

total: 45.5 years
male: 43.4 years
female: 47.4 years (2007 est.)

Population growth rate

0.386% (2007 est.)

Birth rate

9.12 births/1,000 population (2007 est.)

Death rate

12.92 deaths/1,000 population (2007 est.)

Net migration rate

7.65 migrant(s)/1,000 population (2007 est.)

Sex ratio

at birth: 1.06 male(s)/female
under 15 years: 1.05 male(s)/female
15-64 years: 0.974 male(s)/female
65 years and over: 0.688 male(s)/female
total population: 0.912 male(s)/female (2007 est.)

Infant mortality rate

total: 5.27 deaths/1,000 live births
male: 6.09 deaths/1,000 live births
female: 4.4 deaths/1,000 live births (2007 est.)

Life expectancy at birth

total population: 79.82 years
male: 75.99 years
female: 83.85 years (2007 est.)

Total fertility rate

1.75 children born/woman (2007 est.)

Hiv aids adult prevalence rate

NA

Hiv aids people living with hiv aids

NA

Hiv aids deaths

NA

Nationality

noun: Monegasque(s) or Monacan(s)
adjective: Monegasque or Monacan

Ethnic groups

French 47%, Monegasque 16%, Italian 16%, other 21%

Religions

Roman Catholic 90%, other 10%

Languages

French (official), English, Italian, Monegasque

Literacy

definition: age 15 and over can read and write
total population: 99%
male: 99%
female: 99% (2003 est.)

Government - Monaco:

Country name

conventional long form: Principality of Monaco
conventional short form: Monaco
local long form: Principaute de Monaco
local short form: Monaco

Government type

constitutional monarchy

Capital

name: Monaco
geographic coordinates: 43 44 N, 7 25 E
time difference: UTC+1 (6 hours ahead of Washington, DC during Standard Time)
daylight saving time: +1hr, begins last Sunday in March; ends last Sunday in October

Administrative divisions

none; there are no first-order administrative divisions as defined by the US Government, but there are four quarters (quartiers, singular - quartier); Fontvieille, La Condamine, Monaco-Ville, Monte-Carlo

Independence

1419 (beginning of rule by the House of Grimaldi)

National holiday

National Day (Saint Rainiers Day), 19 November (1857)

Constitution

17 December 1962

Legal system

based on French law; has not accepted compulsory ICJ jurisdiction

Suffrage

18 years of age; universal

Executive branch

chief of state: Prince ALBERT II (since 6 April 2005)
head of government: Minister of State Jean-Paul PROUST (since 1 June 2005)
cabinet: Council of Government is under the authority of the monarch
elections: none; the monarchy is hereditary; minister of state appointed by the monarch from a list of three French national candidates presented by the French Government

Legislative branch

unicameral National Council or Conseil National (24 seats; 16 members elected by list majority system, 8 by proportional representation; to serve five-year terms)
elections: last held 9 February 2003 (next to be held February 2008)
election results: percent of vote by party - NA%; seats by party - UNAM 21, UND 3

Judicial branch

Supreme Court or Tribunal Supreme (judges appointed by the monarch on the basis of nominations by the National Council)

Political parties and leaders

National and Democratic Union or UND [Guy MAGNAN]; Union for Monaco or UPM (including National Union for the Future of Monaco or UNAM)

Political pressure groups and leaders

NA

International organization participation

ACCT, CE, FAO, IAEA, ICAO, ICC, ICCt (signatory), ICRM, IFRCS, IHO, IMO, IMSO, Interpol, IOC, IPU, ITSO, ITU, OIF, OPCW, OSCE, UN, UNCTAD, UNESCO, UNIDO, Union Latina, UNITAR, UNWTO, UPU, WHO, WIPO, WMO

Diplomatic representation in the us

chief of mission: Ambassador to the US and UN Gilles NOGHES
chancery: 565 Fifth Avenue, 3rd floor, New York, NY 10017
telephone: (212) 286-0500
FAX: (212) 286-1574

Diplomatic representation from the us

the US does not have an embassy in Monaco; the US Ambassador to France is accredited to Monaco; the US Consul General in Marseille (France), under the authority of the US ambassador to France, handles routine diplomatic and consular matters concerning Monaco

Flag description

two equal horizontal bands of red (top) and white; similar to the flag of Indonesia which is longer and the flag of Poland which is white (top) and red

Economy - Monaco:

Economy overview

Monaco, bordering France on the Mediterranean coast, is a popular resort, attracting tourists to its casino and pleasant climate. In 2001, a major construction project extended the pier used by cruise ships in the main harbor. The principality has successfully sought to diversify into services and small, high-value-added, nonpolluting industries. The state has no income tax and low business taxes and thrives as a tax haven both for individuals who have established residence and for foreign companies that have set up businesses and offices. The state retains monopolies in a number of sectors, including tobacco, the telephone network, and the postal service. Living standards are high, roughly comparable to those in prosperous French metropolitan areas.

Gdp purchasing power parity

$976.3 million
note: Monaco does not publish national income figures; the estimates are extremely rough (2006 est.)

Gdp official exchange rate

NA

Gdp real growth rate

0.9% (2000 est.)

Gdp per capita ppp

$30,000 (2006 est.)

Gdp composition by sector

agriculture: 0%
industry: 4.9%
services: 95.1% (2005)

Labor force

44,000
note: includes workers from all foreign countries (2005 est.)

Unemployment rate

0% (2005)

Population below poverty line

NA%

Household income or consumption by percentage share

lowest 10%: NA%
highest 10%: NA%

Inflation rate consumer prices

1.9% (2000)

Budget

revenues: $863 million
expenditures: $920.6 million; including capital expenditures of $305 million (2005 est.)

Agriculture products

none

Industries

tourism, construction, small-scale industrial and consumer products

Industrial production growth rate

NA%

Electricity consumption

NA kWh

Electricity imports

NA kWh; note - electricity supplied by France

Exports

$716.3 million
note: full customs integration with France, which collects and rebates Monegasque trade duties; also participates in EU market system through customs union with France (2005)

Imports

$916.1 million
note: full customs integration with France, which collects and rebates Monegasque trade duties; also participates in EU market system through customs union with France (2005)

Debt external

$18 billion (2000 est.)

Economic aid recipient

$NA

Currency code

euro (EUR)

Exchange rates

euros per US dollar - 0.7964 (2006), 0.8041 (2005), 0.8054 (2004), 0.886 (2003), 1.0626 (2002)

Communications - Monaco:

Fiscal year

calendar year

Telephones main lines in use

34,000 (2005)

Telephones mobile cellular

17,200 (2005)

Telephone system

general assessment: modern automatic telephone system
domestic: NA
international: country code - 377; no satellite earth stations; connected by cable into the French communications system

Radio broadcast stations

AM 1, FM NA, shortwave 8 (1998)

Television broadcast stations

5 (1998)

Internet country code

.mc

Internet hosts

12,720 (2006)

Internet users

20,000 (2006)

Transportation - Monaco:

Heliports

1 (2006)

Roadways

total: 50 km
paved: 50 km (1999)

Merchant marine

registered in other countries: 77 (Bahamas 17, Barbados 1, Bermuda 2, France 1, Georgia 13, Isle of Man 3, Liberia 10, Malta 1, Marshall Islands 8, Norway 4, Panama 9, Saint Kitts and Nevis 1, Saint Vincent and the Grenadines 4, Switzerland 2, unknown 1) (2006)

Ports and terminals

Monaco

Military - Monaco:

Manpower available for military service

males age 18-49: 6,256 (2005 est.)

Manpower fit for military service

males age 18-49: 4,971 (2005 est.)

Military note

defense is the responsibility of France; the Palace Guard performs ceremonial duties (2003)

Manpower reaching military service age annually

males age 18-49: 148 (2005 est.)

This page was last updated on 16 September, 2007
Source: CIA >>>


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