Map of Monaco | Geography | People | Government | Economy | Energy | Communication
Military | Transportation | Transnational Issues | Year: Guide1989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025 | More stats

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Background: 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.


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Location: Western Europe, bordering the Mediterranean Sea, in southern France near the border with Italy

Geographic coordinates

Map reference: Europe, Standard Time Zones of the World

Area
Total area total: 1.9 km²
Land: 1.9 km²

Land boundaries: total 4.4 km, 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

Natural resources: none

Land use
Arable land: 0%
Permanent crops: 0%
Meadows and pastures: 0%
Forest and woodland: 0%
Other: 100%

Irrigated land: NA km²

Major rivers

Major watersheds area km²

Total water withdrawal

Total renewable water resources

Natural hazards: NA

Geography
Note: defense is the responsibility of France


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Population: 31,278 (July 1994 est.)
Growth rate: 0.81% (1994 est.)

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

Ethnic groups: French 47%, Monegasque 16%, Italian 16%, other 21%

Languages: French (official), English, Italian, Monegasque

Religions: Roman Catholic 95%

Demographic profile

Age structure

Dependency ratios

Median age

Population growth rate: 0.81% (1994 est.)

Birth rate: 10.71 births/1000 population (1994 est.)

Death rate: 12.21 deaths/1000 population (1994 est.)

Net migration rate: 9.59 migrant(s)/1000 population (1994 est.)

Population distribution

Urbanization

Major urban areas

Environment
Current issues: NA

Air pollutants

Sex ratio

Mothers mean age at first birth

Maternal mortality ratio

Infant mortality rate: 7.2 deaths/1000 live births (1994 est.)

Life expectancy at birth
Total population: 77.69 years
Male: 73.94 years
Female: 81.64 years (1994 est.)

Total fertility rate: 1.7 children born/woman (1994 est.)

Contraceptive prevalence rate

Drinking water source

Current health expenditure

Physicians density

Hospital bed density

Sanitation facility access

Hiv/Aids

Major infectious diseases

Obesity adult prevalence rate

Alcohol consumption

Tobacco use

Children under the age of 5 years underweight

Education expenditures

Literacy
Total population: NA%
Male: NA%
Female: NA%

School life expectancy primary to tertiary education

Youth unemployment


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Country name
Conventional long form: Principality of Monaco
Conventional short form:

Government type: constitutional monarchy

Capital: Administrative divisions:4 quarters (quartiers, singular - quartier; Fontvieille, La Condamine, Monaco-Ville, Monte-Carlo

Administrative divisions

Dependent areas

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

International law organization participation

Citizenship

Suffrage: 25 years of age; universal

Executive branch
Chief of state: Prince RAINIER III (since NA November 1949); Heir Apparent Prince ALBERT Alexandre Louis Pierre (born 14 March 1958)
Head of government: Minister of State Jacques DUPONT (since NA 1991)

Legislative branch: unicameral
National Council Conseil National: elections last held on 24 January 1988 (next to be held NA); results - percent of vote by party NA; seats - (18 total) UND 18

Judicial branch: Supreme Tribunal (Tribunal Supreme)

Political parties and leaders

International organization participation: ACCT, CSCE, ECE, IAEA, ICAO, IMF (observer), IMO, INMARSAT, INTELSAT, INTERPOL, IOC, ITU, LORCS, UN, UNCTAD, UNESCO, UPU, WHO, WIPO

Diplomatic representation
From the us honorary consulates general: Boston, Chicago, Los Angeles, New Orleans, New York, San Francisco, San Juan (Puerto Rico)
From the us honorary consulates: Dallas, Palm Beach, Philadelphia, and Washington
From the us: no mission in Monaco, but 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

National symbols

National anthem

National heritage


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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 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. Living standards are high, that is, roughly comparable to those in prosperous French metropolitan suburbs.

Real gdp purchasing power parity

Real gdp growth rate: NA%

Real gdp per capita: $16,000 (1991 est.)

Gross national saving

Gdp composition by end use

Gdp composition by sector of origin

Agriculture products: none

Industries

Industrial production growth rate: NA%

Labor force: NA

Unemployment rate: NEGL%

Youth unemployment

Population below poverty line

Gini index

Household income or consumption by percentage share

Distribution of family income gini index

Budget: revenues:$424 million

Taxes and other revenues

Public debt

Revenue

Fiscal year: calendar year

Inflation rate consumer prices

Central bank discount rate

Commercial bank prime lending rate

Stock of narrow money

Stock of broad money

Stock of domestic credit

Market value of publicly traded shares

Current account balance

Exports: $NA; full customs integration with France, which collects and rebates Monacan trade duties; also participates in EU market system through customs union with France

Imports: $NA; full customs integration with France, which collects and rebates Monacan trade duties; also participates in EU market system through customs union with France

Reserves of foreign exchange and gold

Debt external: $NA

Stock of direct foreign investment at home

Stock of direct foreign investment abroad

Exchange rates: French francs (F) per US$1 - 5.9205 (January 1994), 5.6632 (1993), 5.2938 (1992), 5.6421 (1991), 5.4453 (1990), 6.3801 (1989)


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Electricity
Capacity: 10,000 kW standby; power imported from France
Production: NA
Consumption per capita: NA (1992)

Coal

Petroleum

Crude oil

Refined petroleum

Natural gas

Carbon dioxide emissions

Energy consumption per capita


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Telephones

Telephone system

Broadcast media

Internet

Broadband fixed subscriptions


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Military expenditures

Military and security forces

Military service age and obligation

Space program

Terrorist groups


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National air transport system

Civil aircraft registration country code prefix

Airports: 1 usable airfield with permanent-surface runways

Heliports

Pipelines

Railways

Roadways

Waterways

Merchant marine

Ports and terminals


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Disputes international: none

Refugees and internally displaced persons

Illicit drugs