Monaco

Principality of MonacoPrincipaute de Monaco

constitutional monarchyIndependence 1419 (rule by the House of Grimaldi)

Monaco as the 1995 edition of the CIA World Factbook published it: 74 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
Area1.9 sq km
LocationWestern Europe, bordering the Mediterranean Sea, on the
Populationas each edition published it
31,515 people July 1995 est. · 29,453 in 1990
Population growth% a year
0.7% 1995 est. · 0.93% in 1993
Median ageyears
Not in this edition 45 yrs in 2003
Life expectancyyears at birth
77.9 years 1995 est. · 77.5 yrs in 1993
Fertility ratechildren per woman
1.7 children per woman 1995 est. · 1.2 in 1990
Infant mortalitydeaths per 1,000 live births
7 deaths per 1,000 live births 1995 est. · 9 in 1990
GDP per capitaeach edition's own dollars
$18,000 1993 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, on the | southern coast of France, near the border with Italy

14 fields

Land useshare of 1.9 sq km

forest and woodland 0%other 100%arable land 0% in all · permanent crops 0% in all · meadows and pastures 0% in all
Area
1.9sq km
land area: 1.9 sq kmcomparative area: about three times the size of The Mall in Washington, DC
Coastline
4.1km
territorial sea: 12 nm
Land boundaries
4.4km
total · France 4.4 km

Location

Western Europe, bordering the Mediterranean Sea, on the southern coast of France, near the border with Italy

Climate

Mediterranean with mild, wet winters and hot, dry summers

Terrain

hilly, rugged, rocky

Environment

current issues:
NA
natural hazards:
NA
international agreements:
  • party to - Biodiversity, Climate Change, Endangered Species, 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

15 fields
Population
31,515
(July 1995 est.)growth rate: 0.7% (1995 est.)

Per 1,000 population(1995 est.)

Birth
10.66Death
12.12Net migration
8.44

Ethnic divisions

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

Age structure

0-14 years:
17% (female 2,691; male 2,740)
15-64 years:
63% (female 10,233; male 9,645)
65 years and over:
20% (female 3,939; male 2,267) (July 1995 est.)

Infant mortality rate

7 deaths/1,000 live births (1995 est.)

Life expectancy at birth

total population:
77.9 years
male:
74.18 years
female:
81.8 years (1995 est.)

Total fertility rate

1.7 children born/woman (1995 est.)

Nationality

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

Religions

Roman Catholic 95%

Languages

French (official), English, Italian, Monegasque

Government

Constitutional monarchy; Prince RAINIER III (since NA November 1949); Minister of State Paul DIJOUD (since NA)

19 fields

Legislature, 18 seatsone dot, one seat

Campora List 15Medecin List 2independent 1

Names

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

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 Paul DIJOUD (since NA)
cabinet:
Council of Government; under the authority of the Prince

National Council (Conseil National)

  • elections last held 24 and 31 January 1993 (next to be held NA);
  • results - percent of vote by party NA;
  • seats - (18 total) Campora List 15, Medecin List 2, independent 1

Judicial branch

Supreme Tribunal (Tribunal Supreme)

Political parties and leaders

  • National and Democratic Union (UND);
  • Campora List, Anne-Marie CAMPORA;
  • Medecin List, Jean-Louis MEDECIN

Member of

ACCT, ECE, IAEA, ICAO, ICRM, IFRCS, IMO, INMARSAT, INTELSAT, INTERPOL, IOC, ITU, OSCE, UN, UNCTAD, UNESCO, UPU, WHO, WIPO

Diplomatic representation in US

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, DC

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.

17 fields
GDP per capita, PPP
$18,000
(1993 est.)

Budget

Revenues
$424 millionExpenditures
$376 million (1991 est.)
expenditures including capital expenditures of $NA

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 - purchasing power parity - $558 million (1993 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

Electricity

capacity:
10,000 kW standby; power imported from France
production:
NA kWh
consumption per capita:
NA kWh (1993)

Currency

1 French franc (F) = 100 centimes

Exchange rates

French francs (F) per US$1 - 5.9243 (January 1995), 5.520 (1994), 5.6632 (1993), 5.2938 (1992), 5.6421 (1991), 5.4453 (1990)

Fiscal year

calendar year

Transportation

5 fields

Railroads

total:
1.7 km
standard gauge:
1.7 km 1.435-m gauge

Highways

none; city streets

Ports

Monaco

Airports

linked to airport in Nice, France, by helicopter service

Communications

3 fields

Telephone system

38,200 telephones; automatic telephone system

local:
NA
intercity:
NA
international:
no satellite links; served by cable into the French communications system

Radio

broadcast stations:
AM 3, FM 4, shortwave 0
radios:
NA

Television

broadcast stations:
5
televisions:
NA

Defense Forces

1 field

Note

defense is the responsibility of France MONGOLIA

Cite this entry

Central Intelligence Agency. “Monaco.” The World Factbook 1995. Archived by The Factbook, thefactbook.org/monaco/1995.