Statistical information Monaco 1989

Monaco in the World
top of pageBackground: Economic development was spurred in the late 19th century with a railroad linkup to France and the opening of a casino. Since then the principality's mild climate splendid scenery and gambling facilities have made Monaco world famous as a tourist and recreation center.
top of pageLocationGeographic coordinatesMap referenceAreaLand boundaries: 4.4 km with France
Coastline: 4.1 km
Maritime claims: Territorial sea:12 nm
Climate: Mediterranean with mild, wet winters and hot, dry summers
Terrain: hilly, rugged, rocky
ElevationNatural resources: none
Land use: 0% arable land; 0% permanent crops; 0% meadows and pastures; 0% forest and woodland; 100% other
Irrigated landMajor riversMajor watersheds area km²Total water withdrawalTotal renewable water resourcesNatural hazardsGeographyNote: defense is the responsibility of France
top of pagePopulation: 29,188 (July 1989), growth rate 0.9% (1989)
Nationality: noun - Monacan(s) or Monegasque(s; adjective - Monacan or Monegasque
Ethnic groups: 47% French, 16% Monegasque, 16% Italian, 21% other
Languages: French (official), English, Italian, Monegasque
Religions: 95% Roman Catholic
Demographic profileAge structureDependency ratiosMedian agePopulation growth rateBirth rate: 7 births/1000 population (1989)
Death rate: 7 deaths/1000 population (1989)
Net migration rate: 9 migrants/1000 population (1989)
Population distributionUrbanizationMajor urban areasEnvironmentCurrent issues: almost entirely urban
Air pollutantsSex ratioMothers mean age at first birthMaternal mortality ratioInfant mortality rate: 9 deaths/1000 live births (1989)
Life expectancy at birth: 72 years male, 80 years female (1989)
Total fertility rate: 1.2 children born/woman (1989)
Contraceptive prevalence rateDrinking water sourceCurrent health expenditurePhysicians densityHospital bed densitySanitation facility accessHiv/AidsMajor infectious diseasesObesity adult prevalence rateAlcohol consumptionTobacco useChildren under the age of 5 years underweightEducation expendituresLiteracy: 99%
School life expectancy primary to tertiary educationYouth unemploymenttop of pageCountry name: conventional long form: Principality of Monaco
Government type: constitutional monarchy
Capital: Monaco
Administrative divisions: 4 quarters (quartiers, singular - quartier; Fontvielle, La Condamine, Monaco-Ville, Monte-Carlo
Dependent areasIndependence: 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
International law organization participationCitizenshipSuffrage: universal adult
Executive branch: Chief of State - Prince RAINIER III (since November 1949; Heir Apparent Prince ALBERT Alexandre Louis Pierre (born 14 March 1958) Head of Government Minister of State Jean AUSSEIL (since 10 September 1985
Legislative branch: legislative branch is composed of the prince and National Council of 18 members; executive consists of the prince as chief of state, the minister of state as head of government (senior French civil servant appointed by prince), and the Council of Government as Cabinet; judicial authority is delegated by the prince to the Supreme Tribunal
Judicial branchPolitical parties and leadersInternational organization participation: IAEA, ICAO, IHO, INTELSAT, INTERPOL, IPU, ITU, UN (permanent observer), UNESCO, UPU, WHO, WIPO
Diplomatic representationIn the us: none; US - the US Consul General in Nice (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
National symbolsNational anthemNational heritagetop of pageEconomy overview: No data is published on the economy. Monaco, situated on the Mediterranean coast, is a popular resort, attracting tourists to its casino and pleasant climate. The state has no income tax and low business taxes and thrives as both a tax haven for individuals who have established residence there and for foreign companies that have set up businesses and offices. About 50% of Monaco's annual revenue comes from value-added taxes on hotels, banks, and the industrial sector; about 25% of revenue comes from tourism.
Real gdp purchasing power parityReal gdp growth rateReal gdp per capitaGross national savingGdp composition by sector of origin
Gdp composition by end useGdp composition by sector of originAgriculture products: NA
Industries: pharmaceuticals, food processing, precision instruments, glassmaking, printing, tourism
Industrial production growth rate: NA%
Labor force: NA
Unemployment rate: full employment (1988)
Youth unemploymentPopulation below poverty lineGini indexHousehold income or consumption by percentage shareDistribution of family income gini indexBudget: revenues $386 million; expenditures $NA, including capital expenditures of $NA
Taxes and other revenuesPublic debtRevenueFiscal year: calendar year
Inflation rate consumer pricesCentral bank discount rateCommercial bank prime lending rateStock of narrow moneyStock of broad moneyStock of domestic creditMarket value of publicly traded sharesCurrent account balanceExports: $NA; full customs integration with France, which collects and rebates Monacan trade duties; also participates in EC market system through customs union with France
Imports: $NA; full customs integration with France, which collects and rebates Monacan trade duties; also participates in EC market system through customs union with France
Reserves of foreign exchange and goldDebt external: $NA
Stock of direct foreign investment at homeStock of direct foreign investment abroadExchange rates: French francs (F) per US$1 - 6.2503 (January 1989), 5.9569 (1988), 6.0107 (1987), 6.9261 (1986), 8.9852 (1985)
top of pageElectricityCapacity: 8,000 kW standby capacity (1988; power supplied by France
CoalPetroleumCrude oilRefined petroleumNatural gasCarbon dioxide emissionsEnergy consumption per capitatop of pageTelephonesTelephone systemBroadcast mediaInternetBroadband fixed subscriptionstop of pageMilitary expendituresMilitary and security forcesMilitary service age and obligationSpace programTerrorist groupstop of pageNational air transport systemCivil aircraft registration country code prefixAirports: 1 usable airfield with permanent-surface runways
HeliportsPipelinesRailwaysRoadwaysWaterwaysMerchant marine: 1 tanker (1,000 GRT or over) totaling 3,268 GRT/4,959 DWT
Ports and terminalsMonaco - Transnational issues 1989
top of pageDisputes internationalRefugees and internally displaced personsIllicit drugs