Monaco

Principality of MonacoPrincipaute de Monaco

constitutional monarchyIndependence 1419 (beginning of the rule by the House of

Monaco as the 1999 edition of the CIA World Factbook published it: 89 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
Position43 44 N, 7 24 E
Area1.95 sq km
LocationWestern Europe, bordering the Mediterranean Sea, on the
Populationas each edition published it
32,149 people July 1999 est. · 29,453 in 1990
Population growth% a year
0.31% 1999 est. · 0.93% in 1993
Median ageyears
Not in this edition 45 yrs in 2003
Life expectancyyears at birth
78.58 years 1999 est. · 77.5 yrs in 1993
Fertility ratechildren per woman
1.7 children per woman 1999 est. · 1.2 in 1990
Infant mortalitydeaths per 1,000 live births
6.47 deaths per 1,000 live births 1999 est. · 9 in 1990
GDP per capitaeach edition's own dollars
$25,000 1996 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

18 fields

Land useshare of 1.95 sq km

forests and woodland 0%other 100% (urban area)arable land 0% in all · permanent crops 0% in all · permanent pastures 0% in all
Area
1.95sq km
land: 1.95 sq kmwater: 0 sq kmabout three times the size of The Mall in Washington, DC
Coastline
4.1km
territorial sea: 12 nm
Highest point
140m
Mont Agellowest point: Mediterranean Sea 0 m
Land boundaries
4.4km
border countries: France 4.4 km

Location

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

Geographic coordinates

43 44 N, 7 24 E

Climate

Mediterranean with mild, wet winters and hot, dry summers

Terrain

hilly, rugged, rocky

Environment--international agreements

party to:
Biodiversity, Climate Change, Desertification, Endangered Species, Hazardous Wastes, Law of the Sea, Marine Dumping, Ozone Layer Protection, Ship Pollution, Wetlands, Whaling
signed, but not ratified:
Climate Change-Kyoto Protocol

Geography--note

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

People

15 fields
Population
32,149
(July 1999 est.)growth rate: 0.31% (1999 est.)

Per 1,000 population(1999 est.)

Birth
10.7Death
11.79Net migration
4.17

Ethnic groups

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

Age structure

0-14 years:
17% (male 2,723; female 2,645)
15-64 years:
64% (male 10,014; female 10,530)
65 years and over:
19% (male 2,302; female 3,935) (1999 est.)

Sex ratio

at birth:
1.05 male(s)/female
under 15 years:
1.03 male(s)/female
15-64 years:
0.95 male(s)/female
65 years and over:
0.59 male(s)/female
total population:
0.88 male(s)/female (1999 est.)

Infant mortality rate

6.47 deaths/1,000 live births (1999 est.)

Life expectancy at birth

total population:
78.58 years
male:
75 years
female:
82.35 years (1999 est.)

Total fertility rate

1.7 children born/woman (1999 est.)

Nationality

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

Religions

Roman Catholic 95%

Languages

French (official), English, Italian, Monegasque

Government

Constitutional monarchy; Prince RAINIER III (since 9 May 1949); Minister of State Michel LEVEQUE (since 3 February 1997)

18 fields

Legislature, 18 seats, elected 1 and 8 February 1998one dot, one seat

-National and Democratic Union 18

Country name

conventional long form:
Principality of Monaco
conventional short form:
Monaco
local long form:
Principaute de Monaco
local short form:
Monaco

Government type

constitutional monarchy

Capital

Monaco

Administrative divisions

  • none;
  • there are no first-order administrative divisions as defined by the US Government, but there are four quarters (quartiers, singular--quartier);
  • Fontvieille, La Condamine, Monaco-Ville, Monte-Carlo

Independence

1419 (beginning of the rule by the House of Grimaldi)

National holiday

National Day, 19 November

Constitution

17 December 1962

Suffrage

21 years of age; universal

Executive branch

chief of state:
Prince RAINIER III (since 9 May 1949); Heir Apparent Prince ALBERT Alexandre Louis Pierre, son of the monarch (born 14 March 1958)
head of government:
Minister of State Michel LEVEQUE (since 3 February 1997)
cabinet:
Council of Government is under the authority of the monarch
elections:
  • none;
  • the monarch is hereditary;
  • minister of state appointed by the monarch from a list of three French national candidates presented by the French Government

Legislative branch

unicameral National Council or Conseil National (18 seats; members are elected by popular vote to serve five-year terms)

elections:
last held 1 and 8 February 1998 (next to be held NA January 2003)
election results:
percent of vote by party--NA; seats by party--National and Democratic Union 18

Judicial branch

Supreme Court or Tribunal Supreme, judges named by the monarch on the basis of nominations by the National Council

Political parties and leaders

National and Democratic Union or

International organization participation

ACCT, ECE, IAEA, ICAO, ICRM, IFRCS, IHO, IMO, Inmarsat, Intelsat, Interpol, IOC, ITU, OPCW, OSCE, UN, UNCTAD, UNESCO, UPU, WHO, WIPO, WMO

Diplomatic representation in the US

Monaco does not have an embassy in the US; consulate(s): New York

Diplomatic representation from the US

the US does not have an embassy in Monaco; 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

Economy

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

25 fields
GDP per capita, PPP
$25,000
purchasing power parity? · (1996 est.)
Labor force
30,540
(January 1994)

Budget

Revenues
$518 millionExpenditures
$531 million (1995)
expenditures including capital expenditures of $NA

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.

The state retains monopolies in a number of sectors, including tobacco, the telephone network, and the postal service. About 55% of Monaco's annual revenue comes from value-added taxes on hotels, banks, and the industrial sector. Living standards are high, roughly comparable to those in prosperous French metropolitan areas.

GDP

purchasing power parity--$800 million (1996 est.)

GDP--composition by sector

agriculture:
NA%
industry:
NA%
services:
NA%

Electricity--production by source

fossil fuel:
NA%
hydro:
NA%
nuclear:
NA%
other:
NA%

Exports

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

Imports

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

Currency

1 French franc (F) = 100 centimes

Exchange rates

French francs (F) per US$1--5.65 (January 1999), 5.8995 (1998), 5.8367 (1997), 5.1155 (1996), 4.9915 (1995), 5.5520 (1994)

Fiscal year

calendar year

Communications

6 fields
Fixed lines
53,180
(1994 est.)

Telephone system

automatic telephone system

domestic:
NA
international:
no satellite earth stations; connected by cable into the French communications system

Radio broadcast stations

AM 3, FM 4, shortwave 0

Radios

33,000 (1994 est.)

Televisions

24,000 (1994 est.)

Transportation

5 fields

Networkskm

Highways
50Railways
1.7
Highways: paved: 50 km · unpaved: 0 km (1996 est.) · Railways: standard gauge: 1.7 km 1.435-m gauge

Railways

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

Highways

total:
50 km
paved:
50 km
unpaved:
0 km (1996 est.)

Airports

linked to airport in Nice, France, by helicopter service

Military

1 field

Military--note

defense is the responsibility of France

Transnational Issues

1 field

Cite this entry

Central Intelligence Agency. “Monaco.” The World Factbook 1999. Archived by The Factbook, thefactbook.org/monaco/1999.