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Monaco


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Introduction - Monaco:
CountryMonaco

BackgroundThe 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:
LocationWestern Europe, bordering the Mediterranean Sea on the southern coast of France, near the border with Italy

Geographic coordinates43 44 N, 7 24 E

Map referencesEurope

Areatotal: 1.95 sq km
land: 1.95 sq km
water: 0 sq km

Area comparativeabout three times the size of The Mall in Washington, DC

Land boundariestotal: 4.4 km
border countries: France 4.4 km

Coastline4.1 km

Maritime claimsterritorial sea: 12 nm

ClimateMediterranean with mild, wet winters and hot, dry summers

Terrainhilly, rugged, rocky

Elevation extremeslowest point: Mediterranean Sea 0 m
highest point: Mont Agel 140 m

Natural resourcesnone

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

Irrigated landNA

Natural hazardsNA

Environment current issuesNA

Environment international agreementsparty 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 notesecond-smallest independent state in the world (after Holy See); almost entirely urban

People - Monaco:
Population32,671 (July 2007 est.)

Age structure0-14 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 agetotal: 45.5 years
male: 43.4 years
female: 47.4 years (2007 est.)

Population growth rate0.386% (2007 est.)

Birth rate9.12 births/1,000 population (2007 est.)

Death rate12.92 deaths/1,000 population (2007 est.)

Net migration rate7.65 migrant(s)/1,000 population (2007 est.)

Sex ratioat 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 ratetotal: 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 birthtotal population: 79.82 years
male: 75.99 years
female: 83.85 years (2007 est.)

Total fertility rate1.75 children born/woman (2007 est.)

Hiv aids adult prevalence rateNA

Hiv aids people living with hiv aidsNA

Hiv aids deathsNA

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

Ethnic groupsFrench 47%, Monegasque 16%, Italian 16%, other 21%

ReligionsRoman Catholic 90%, other 10%

LanguagesFrench (official), English, Italian, Monegasque

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

Government - Monaco:
Country nameconventional long form: Principality of Monaco
conventional short form: Monaco
local long form: Principaute de Monaco
local short form: Monaco

Government typeconstitutional monarchy

Capitalname: 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 divisionsnone; 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

Independence1419 (beginning of rule by the House of Grimaldi)

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

Constitution17 December 1962

Legal systembased on French law; has not accepted compulsory ICJ jurisdiction

Suffrage18 years of age; universal

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

Political parties and leadersNational 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 leadersNA

International organization participationACCT, 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 uschief 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 usthe 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 descriptiontwo 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 overviewMonaco, 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 rate0.9% (2000 est.)

Gdp per capita ppp $30,000 (2006 est.)

Gdp composition by sectoragriculture: 0%
industry: 4.9%
services: 95.1% (2005)

Labor force44,000
note: includes workers from all foreign countries (2005 est.)

Unemployment rate0% (2005)

Population below poverty lineNA%

Household income or consumption by percentage sharelowest 10%: NA%
highest 10%: NA%

Inflation rate consumer prices 1.9% (2000)

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

Agriculture productsnone

Industriestourism, construction, small-scale industrial and consumer products

Industrial production growth rateNA%

Electricity consumptionNA kWh

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

Communications - Monaco:
Fiscal yearcalendar year

Telephones main lines in use34,000 (2005)

Telephones mobile cellular17,200 (2005)

Telephone systemgeneral 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 stationsAM 1, FM NA, shortwave 8 (1998)

Television broadcast stations5 (1998)

Internet country code.mc

Internet hosts12,720 (2006)

Internet users20,000 (2006)

Transportation - Monaco:
Heliports1 (2006)

Roadwaystotal: 50 km
paved: 50 km (1999)

Merchant marineregistered 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 terminalsMonaco

Military - Monaco:
Manpower available for military servicemales age 18-49: 6,256 (2005 est.)

Manpower fit for military servicemales age 18-49: 4,971 (2005 est.)

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

Manpower reaching military service age annuallymales age 18-49: 148 (2005 est.)


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

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