Monaco

constitutional monarchyIndependence 1419 (rule by the House of Grimaldi)

Monaco as the 1994 edition of the CIA World Factbook published it: 93 fields, one of 36 editions from 1990 to 2025.

field in that editiontext changed from the edition beforenot in that editionthe open editionEach field below ends in its editions, 1990 to 2025. Point at a year above to follow it down.

CapitalMonaco
LocationWestern Europe, bordering the Mediterranean Sea, in southern France
Populationas each edition published it
31,278 people July 1994 est. · 29,453 in 1990
Population growth% a year
0.81% 1994 est. · 0.93% in 1993
Median ageyears
Not in this edition 45 yrs in 2003
Life expectancyyears at birth
Not in this edition 77.5 yrs in 1993
Fertility ratechildren per woman
1.7 children per woman 1994 est. · 1.2 in 1990
Infant mortalitydeaths per 1,000 live births
7.2 deaths per 1,000 live births 1994 est. · 9 in 1990
GDP per capitaeach edition's own dollars
$16,000 1991 est. · $16,000 in 1993
GDP real growth% a year
Not in this edition 0.9% in 2005

Geography

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

22 fields
Land boundaries
4.4km
total · France 4.4 km

Location

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

Map references

Europe, Standard Time Zones of the World

total area

1.9 sq km

land area

1.9 sq km

comparative area

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

territorial sea

12 nm

Climate

Mediterranean with mild, wet winters and hot, dry summers

Terrain

hilly, rugged, rocky

arable land

0%

permanent crops

0%

meadows and pastures

0%

forest and woodland

0%

other

100%

current issues

NA

natural hazards

NA

international agreements

  • party to - Biodiversity, Climate Change, Hazardous Wastes, Marine Dumping, Ozone Layer Protection, Ship Pollution, Whaling;
  • signed, but not ratified - Law of the Sea

Note

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

People

19 fields
Population
31,278
(July 1994 est.)growth rate: 0.81% (1994 est.)

Per 1,000 population(1994 est.)

Birth
10.71Death
12.21Net migration
9.59

Ethnic divisions

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

Infant mortality rate

7.2 deaths/1,000 live births (1994 est.)

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.)

noun

Monacan(s) or Monegasque(s)

adjective

Monacan or Monegasque

Religions

Roman Catholic 95%

Languages

French (official), English, Italian, Monegasque

total population

NA%

male

NA%

female

NA%

Government

Constitutional monarchy

25 fields

Legislature, 18 seatsone dot, one seat

UND 18

conventional long form

Principality of Monaco

conventional short form

Monaco

local long form

Principaute de Monaco

local short form

Monaco

Type

constitutional monarchy

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

Suffrage

25 years of age; universal

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)

cabinet

Council of Government; under the authority of the Prince

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

  • National and Democratic Union (UND);
  • Democratic Union Movement (MUD);
  • Monaco Action;
  • Monegasque Socialist Party (PSM)

Member of

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

honorary consulate(s) general

Boston, Chicago, Los Angeles, New Orleans, New York, San Francisco, San Juan (Puerto Rico)

honorary consulate(s)

Dallas, Palm Beach, Philadelphia, and Washington

US diplomatic representation

no mission in Monaco, but the US Consul General in Marseille, France, is accredited to Monaco

Flag

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, situated on the French Mediterranean coast, is a popular | resort, attracting tourists to its casino and pleasant climate.

20 fields
GDP per capita, PPP
$16,000
(1991 est.)

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.

National product

GDP - exchange rate conversion - $475 million (1991 est.)

revenues

$424 million

expenditures

$376 million, including capital expenditures of $NA (1991 est.)

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

capacity

10,000 kW standby; power imported from France

production

NA

consumption per capita

NA (1992)

Currency

1 French franc (F) = 100 centimes

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)

Fiscal year

calendar year

Communications

6 fields

Railroads

1.6 km 1.435-meter gauge

Highways

none; city streets

Ports

Monaco

Merchant marine

1 oil tanker (1,000 GRT or over) totaling 3,268 GRT/4,959 DWT

Airports

1 usable airfield with permanent-surface runways

Telecommunications

  • served by cable into the French communications system;
  • automatic telephone system;
  • 38,200 telephones;
  • broadcast stations - 3 AM, 4 FM, 5 TV;
  • no communication satellite earth stations

Defense Forces

1 field

Note

defense is the responsibility of France

Cite this entry

Central Intelligence Agency. “Monaco.” The World Factbook 1994. Archived by The Factbook, thefactbook.org/monaco/1994.