Chapter 165
Monaco
@Monaco:Geography
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% permanent pastures: 0% forests and woodland: 0% other: 100% (urban area)
Irrigated land: NA sq km
Natural hazards: NA
Environment-current issues: NA
Environment-international agreements: party to: Biodiversity, Climate Change, Endangered Species, Hazardous Wastes, Law of the Sea, Marine Dumping, Ozone Layer Protection, Ship Pollution, Whaling signed, but not ratified: none of the selected agreements
Geography-note: second smallest independent state in world (after Holy
See); almost entirely urban
@Monaco:People
Population: 32,035 (July 1998 est.)
Age structure: 0-14 years: 17% (male 2,730; female 2,659) 15-64 years: 64% (male 9,934; female 10,463) 65 years and over: 19% (male 2,300; female 3,949) (July 1998 est.)
Population growth rate: 0.4% (1998 est.)
Birth rate: 10.71 births/1,000 population (1998 est.)
Death rate: 11.86 deaths/1,000 population (1998 est.)
Net migration rate: 5.18 migrant(s)/1,000 population (1998 est.)
Sex ratio: at birth: 1.05 male(s)/female under 15 years: 1.03 male(s)/female 15-64 years: 0.95 male(s)/female 65 years and over: 0.58 male(s)/female (1998 est.)
Infant mortality rate: 6.6 deaths/1,000 live births (1998 est.)
Life expectancy at birth: total population: 78.41 years male: 74.79 years female: 82.21 years (1998 est.)
Total fertility rate: 1.7 children born/woman (1998 est.)
Nationality: noun: Monegasque(s) or Monacan(s) adjective: Monegasque or Monacan
Ethnic groups: French 47%, Monegasque 16%, Italian 16%, other 21%
Religions: Roman Catholic 95%
Languages: French (official), English, Italian, Monegasque
Literacy: NA
@Monaco:Government
Country name: conventional long form: Principality of Monaco conventional short form: Monaco local long form: Principaute de Monaco local short form: Monaco
Data code: MN
Government type: constitutional monarchy
National capital: Monaco
Administrative divisions: 4 quarters (quartiers, singular-quartier);
Fontvieille, La Condamine, Monaco-Ville, Monte-Carlo
Independence: 1419 (rule by the House of Grimaldi)
National holiday: National Day, 19 November
Constitution: 17 December 1962
Legal system: based on French law; has not accepted compulsory ICJ jurisdiction
Suffrage: 21 years of age; universal
Executive branch: chief of state: Prince RAINIER III (since 9 May 1949); Heir Apparent Prince ALBERT Alexandre Louis Pierre (born 14 March 1958) head of government: Minister of State Michel LEVEQUE (since 3 February 1997) cabinet: Council of Government is under the authority of the prince elections: none; the prince is a hereditary monarch; minister of state appointed by the prince from a list of three French national candidates presented by the French Government
Legislative branch: unicameral National Council or Conseil National (18 seats; members are elected by popular vote to serve five-year terms) elections: last held 24 and 31 January 1993 (next to be held NA January 1998) election results: percent of vote by party-NA; seats by party-National and Democratic Union 15, other 3
Judicial branch: Supreme Court or Tribunal Supreme, judges named by the prince on the basis of nominations by the National Council
Political parties and leaders: National and Democratic Union or UND
[Jean-Louis CAMPORA]
International organization participation: ACCT, ECE, IAEA, ICAO, ICRM,
IFRCS, IHO, IMO, Inmarsat, Intelsat, Interpol, IOC, ITU, OSCE, UN,
UNCTAD, UNESCO, UPU, WHO, WIPO, WMO
Diplomatic representation in the US: Monaco does not have an embassy in the US consulate(s): New York honorary consulate(s) general: Boston, Los Angeles, New Orleans, San Francisco, San Juan (Puerto Rico) honorary consulate(s): Dallas, Palm Beach, Philadelphia, and Washington, DC
Diplomatic representation from the US: the US does not have an embassy in Monaco; the US Consul General in Marseille (France) is accredited to 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
@Monaco:Economy
Economy-overview: Monaco, situated on the French Mediterranean coast, is a popular resort, attracting tourists to its casino and pleasant climate. 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. About 55% of Monaco's annual revenue comes from value-added taxes on hotels, banks, and the industrial sector. Living standards are high, roughly comparable to those in prosperous French metropolitan areas.
GDP: purchasing power parity-$800 million (1996 est.)
GDP-real growth rate: NA%
GDP-per capita: purchasing power parity-$25,000 (1996 est.)
GDP-composition by sector: agriculture: NA% industry: NA% services: NA%
Inflation rate-consumer price index: NA%
Labor force: total: 30,540 (1 January 1994)
Unemployment rate: 3.1% (1994)
Budget: revenues: $623.3 million expenditures: $638.7 million, including capital expenditures of $NA (1995 est.)
Industrial production growth rate: NA%
Electricity-capacity: 10,000 kW standby note: electricity imported from France
Electricity-production: NA kWh
Electricity-consumption per capita: NA kWh
Agriculture-products: none
Exports: $NA; full customs integration with France, which collects and rebates Monegasque trade duties; also participates in EU market system through customs union with France
Imports: $NA; full customs integration with France, which collects and rebates Monegasque trade duties; also participates in EU market system through customs union with France
Debt-external: $NA
Economic aid: $NA
Currency: 1 French franc (F) = 100 centimes
Exchange rates: French francs (F) per US$1-6.0836 (January 1998), 5.8367 (1997), 5.1155 (1996), 4.9915 (1995), 5.5520 (1994), 5.6632 (1993)
Fiscal year: calendar year
Communications
Telephones: 53,180 (1994 est.)
Telephone system: automatic telephone system domestic: NA international: no satellite earth stations; connected by cable into the French communications system
Radio broadcast stations: AM 3, FM 4, shortwave 0
Radios: 33,000 (1994 est.)
Television broadcast stations: 5 (1987 est.)
Televisions: 24,000 (1994 est.)
@Monaco:Transportation
Railways: total: 1.7 km standard gauge: 1.7 km 1.435-m gauge
Highways: total: 50 km paved: 50 km unpaved: 0 km (1996 est.)
Ports and harbors: Monaco
Merchant marine: none
Airports: linked to airport in Nice, France, by helicopter service
@Monaco:Military
Military-note: defense is the responsibility of France
@Monaco:Transnational Issues
Disputes-international: none