Monaco
Principality of Monaco conventional short form: Monaco local long form: Principaute de Monaco local short form: Monaco
constitutional monarchyIndependence 1419 (rule by the House of Grimaldi)
Monaco as the 1996 edition of the CIA World Factbook published it: 85 fields, one of 36 editions from 1990 to 2025.
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Communications
Ground Forces, Air and Air Defense Forces, Republic Security Forces (internal and border troops)
9 fieldsTelephone system
- telecommunication system not well developed;
- 215,000 unsatisfied requests for telephone service (1991 est.) domestic: NA international: international connections to other former Soviet republics by landline and microwave radio relay through Ukraine and to other countries by leased connections to the Moscow international gateway switch;
- satellite earth stations - 1 Eutelsat and 1 Intelsat
Branches
Ground Forces, Air and Air Defense Forces, Republic Security Forces (internal and border troops)
Manpower availability
males age 15-49: 1,125,538 males fit for military service: 888,757 males reach military age (18) annually: 37,183 (1996 est.)
Geography
Western Europe, bordering the Mediterranean Sea, on the southern coast of France, near the border with Italy
15 fieldsLocation
Western Europe, bordering the Mediterranean Sea, on the southern coast of France, near the border with Italy
Area
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
Land use
arable land: 0% permanent crops: 0% meadows and pastures: 0% forest and woodland: 0% other: 100%
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
People
15 fieldsPer 1,000 population(1996 est.)
Age structure
0-14 years: 17% (male 2,737; female 2,685) 15-64 years: 63% (male 9,746; female 10,318) 65 years and over: 20% (male 2,288; female 3,945) (July 1996 est.)
Sex ratio
at birth: 1.05 male(s)/female under 15 years: 1.02 male(s)/female 15-64 years: 0.94 male(s)/female 65 years and over: 0.58 male(s)/female all ages: 0.87 male(s)/female (1996 est.)
Life expectancy at birth
total population: 78.07 years male: 74.38 years female: 81.93 years (1996 est.)
Government
Constitutional monarchy; Prince RAINIER III (since NA November 1949) is a hereditary monarch
22 fieldsName of country
conventional long form: Principality of Monaco conventional short form: Monaco local long form: Principaute de Monaco local short form: Monaco
Administrative divisions
4 quarters (quartiers, singular - quartier); Fontvieille, La Condamine, Monaco-Ville, Monte-Carlo
Executive branch
- chief of state:
- Prince RAINIER III (since NA November 1949) is a hereditary monarch;
- Heir Apparent Prince ALBERT Alexandre Louis Pierre (born 14 March 1958) head of government: Minister of State Jaques DUPONT (since NA 1995) was appointed by the prince from a list of three candidates presented by the French
Name of country
conventional long form: Principality of Monaco conventional short form: Monaco local long form: Principaute de Monaco local short form: Monaco
Administrative divisions
4 quarters (quartiers, singular - quartier); Fontvieille, La Condamine, Monaco-Ville, Monte-Carlo
Executive branch
- chief of state:
- Prince RAINIER III (since NA November 1949) is a hereditary monarch;
- Heir Apparent Prince ALBERT Alexandre Louis Pierre (born 14 March 1958) head of government: Minister of State Jaques DUPONT (since NA 1995) was appointed by the prince from a list of three candidates presented by the French
Economy
Monaco, situated on the French Mediterranean coast, is a popular resort, attracting tourists to its casino and pleasant climate.
19 fieldsEconomic 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; about 25% of revenue comes from tourism. Living standards are high, roughly comparable to those in prosperous French metropolitan areas.
Budget
revenues: $660 million expenditures: $586 million, including capital expenditures of $NA (1993 est.)
Electricity
capacity: 10,000 kW standby; power imported from France production: NA kWh consumption per capita: NA kWh (1993)
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
Exchange rates
French francs (F) per US$1 - 5.0056 (January 1996), 4.9915 (1995), 5.520 (1994), 5.6632 (1993), 5.2938 (1992), 5.6421 (1991)
Transportation
5 fieldsCite this entry
Central Intelligence Agency. “Monaco.” The World Factbook 1996. Archived by The Factbook, thefactbook.org/monaco/1996.