Monaco
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See regional map V
Geography
Total area: 1.9 km²; land area: 1.9 km²
Comparative area: about three times the size of The Mall in Washington, DC
Land boundary: 4.4 km with France
Coastline: 4.1 km
Maritime claim:
- Territorial sea: 12 nm
Climate: Mediterranean with mild, wet winters and hot, dry summers
Terrain: hilly, rugged, rocky
Natural resources: none
Land use: 0% arable land; 0% permanent crops; 0% meadows and pastures; 0% forest and woodland; 100% other
Environment: almost entirely urban
Note: second-smallest independent state in world (after Vatican City)
People
Population: 29,453 (July 1990), growth
rate 0.9% (1990)
Birth rate: 7 births/1,000 population (1990)
Death rate: 7 deaths/1,000 population (1990)
Net migration rate: 9 migrants/1,000 population (1990)
Infant mortality rate: 9 deaths/1,000 live births (1990)
Life expectancy at birth: 72 years male, 80 years female (1990)
Total fertility rate: 1.2 children born/woman (1990)
Nationality: noun—Monacan(s) or Monegasque(s); adjective—Monacan or Monegasque
Ethnic divisions: 47% French, 16% Monegasque, 16% Italian, 21% other
Religion: 95% Roman Catholic
Language: French (official), English, Italian, Monegasque
Literacy: 99%
Labor force: NA
Organized labor: 4,000 members in 35 unions
Government
Long-form name: Principality of 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
Constitution: 17 December 1962
Legal system: based on French law; has not accepted compulsory ICJ jurisdiction
National holiday: National Day, 19 November
Executive branch: prince, minister of state, Council of Government (cabinet)
Legislative branch: National Council (Conseil National)
Judicial branch: Supreme Tribunal (Tribunal Suprême)
Leaders: Chief of State—Prince RAINIER III (since November 1949); Heir Apparent Prince ALBERT Alexandre Louis Pierre (born 14 March 1958);
Head of Government Minister of State Jean AUSSEIL (since 10 September 1985)
Political parties and leaders: National and Democratic Union (UND), Democratic Union Movement (MUD), Monaco Action, Monegasque Socialist Party (PSM)
Suffrage: universal adult at age 25
Elections: National Council—last held on 24 January 1988 (next to be held 24 January 1993); results—percent of vote by party NA; seats—(18 total) UND 18
Member of: IAEA, ICAO, IHO, INTELSAT, INTERPOL, IPU, ITU, UN (permanent observer), UNESCO, UPU, WHO, WIPO
Diplomatic representation: Monaco maintains honorary consulates general in Boston, Chicago, Los Angeles, New Orleans, New York, and San Francisco, and honorary consulates in Dallas, Honolulu, Palm Beach, Philadelphia, and Washington; US—no mission in Monaco, but the US Consul General in Marseille, France, is accredited to Monaco; Consul General R. Susan WOOD; Consulate General at 12 Boulevard Paul Peytral, 13286 Marseille Cedex (mailing address APO NY 09777); telephone [33](91) 549-200
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
Overview: No data are published on the
economy. 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, non-polluting
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.
GNP: NA
Inflation rate (consumer prices): NA%
Unemployment rate: full employment (1989)
Budget: revenues $386 million; expenditures $NA, including capital expenditures of $NA (1988 est.)
Exports: $NA; full customs integration with France, which collects and rebates Monacan trade duties; also participates in EC market system through customs union with France
Imports: $NA; full customs integration with France, which collects and rebates Monacan trade duties; also participates in EC market system through customs union with France
External debt: $NA
Industrial production: growth rate NA%
Electricity: 10,000 kW standby capacity (1988); power supplied by France
Industries: Pharmaceuticals, food processing, precision instruments, glassmaking, printing, tourism
Agriculture: NA
Aid: NA
Currency: French franc (plural—francs); 1 French franc (F) = 100 centimes
Exchange rates: French francs (F) per US$1—5.7598 (January 1990), 6.3801 (1989), 5.9569 (1988), 6.0107 (1987), 6.9261 (1986), 8.9852 (1985)
Fiscal year: calendar year
Communications
Railroads: 1.6 km 1.435-meter gauge
Highways: none; city streets
Ports: Monaco
Merchant marine: 1 tanker (1,000 GRT or over) totaling 3,268 GRT/4,959 DWT
Civil air: no major transport aircraft
Airports: 1 usable airfield with permanent-surface runways
Telecommunications: served by the French communications system; automatic telephone system; 38,200 telephones; stations—3 AM, 4 FM, 5 TV; no communication satellite stations
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