Broadcast media (Radio broadcast stations) [time series]

AM 3, FM 4, shortwave 0

Radios [time series]

33,000 (1994 est.)

Telecommunication systems (Telephone system) [time series]

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

Telephones - fixed lines (Telephones) [time series]

53,180 (1994 est.)

Broadcast media (Television broadcast stations) [time series]

5 (1997)

Televisions [time series]

24,000 (1994 est.)

Agricultural products (Agriculture--products) [time series]

none

Budget [time series]

revenues: $518 million expenditures: $531 million, including capital expenditures of $NA (1995)

Exchange rates (Currency) [time series]

1 French franc (F) = 100 centimes

Debt - external (Debt--external) [time series]

$NA

Economic aid (Economic aid--recipient) [time series]

$NA

Economic overview (Economy--overview) [time series]

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.

Electricity - consumption (Electricity--consumption) [time series]

NA kWh

Electricity - exports (Electricity--exports) [time series]

NA kWh

Electricity - imports (Electricity--imports) [time series]

NA kWh

Electricity - production (Electricity--production) [time series]

NA kWh

Electricity - production by source (Electricity--production by source) [time series]

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

Exchange rates [time series]

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)

Exports [time series]

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

Fiscal year [time series]

calendar year

Real GDP (purchasing power parity) (GDP) [time series]

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

GDP - composition, by sector of origin (GDP--composition by sector) [time series]

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

Real GDP per capita (GDP--per capita) [time series]

purchasing power parity?$25,000 (1996 est.)

Real GDP growth rate (GDP--real growth rate) [time series]

NA%

Household income or consumption by percentage share [time series]

lowest 10%: NA% highest 10%: NA%

Imports [time series]

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

Industrial production growth rate [time series]

NA%

Inflation rate (consumer prices) [time series]

NA%

Labor force [time series]

30,540 (January 1994)

Population below poverty line [time series]

NA%

Unemployment rate [time series]

3.1% (1994)

Area [time series]

total: 1.95 sq km land: 1.95 sq km water: 0 sq km

Area - comparative (Area--comparative) [time series]

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

Climate [time series]

Mediterranean with mild, wet winters and hot, dry summers

Coastline [time series]

4.1 km

Elevation (Elevation extremes) [time series]

lowest point: Mediterranean Sea 0 m highest point: Mont Agel 140 m

Environment - current issues (Environment--current issues) [time series]

NA

International environmental agreements (Environment--international agreements) [time series]

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

Geographic coordinates [time series]

43 44 N, 7 24 E

Geography - note (Geography--note) [time series]

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

Irrigated land [time series]

NA sq km

Land boundaries [time series]

total: 4.4 km border countries: France 4.4 km

Land use [time series]

arable land: 0% permanent crops: 0% permanent pastures: 0% forests and woodland: 0% other: 100% (urban area)

Location [time series]

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

Map references [time series]

Europe

Maritime claims [time series]

territorial sea: 12 nm

Natural hazards [time series]

NA

Natural resources [time series]

none

Terrain [time series]

hilly, rugged, rocky

Administrative divisions [time series]

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

Capital [time series]

Monaco

Constitution [time series]

17 December 1962

Country name [time series]

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

Data code [time series]

MN

Diplomatic representation from the US [time series]

the US does not have an embassy in Monaco; the US Consul General in Marseille (France) is accredited to Monaco

Diplomatic representation in the US [time series]

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

Executive branch [time series]

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

Flag (Flag description) [time series]

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

Government type [time series]

constitutional monarchy

Independence [time series]

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

International organization participation [time series]

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

Judicial branch [time series]

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

Legal system [time series]

based on French law; has not accepted compulsory ICJ jurisdiction

Legislative branch [time series]

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

National holiday [time series]

National Day, 19 November

Political parties (Political parties and leaders) [time series]

National and Democratic Union or

Suffrage [time series]

21 years of age; universal

Military - note (Military--note) [time series]

defense is the responsibility of France

Age structure [time series]

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.)

Birth rate [time series]

10.7 births/1,000 population (1999 est.)

Death rate [time series]

11.79 deaths/1,000 population (1999 est.)

Ethnic groups [time series]

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

Infant mortality rate [time series]

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

Languages [time series]

French (official), English, Italian, Monegasque

Life expectancy at birth [time series]

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

Literacy [time series]

NA

Nationality [time series]

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

Net migration rate [time series]

4.17 migrant(s)/1,000 population (1999 est.)

Population [time series]

32,149 (July 1999 est.)

Population growth rate [time series]

0.31% (1999 est.)

Religions [time series]

Roman Catholic 95%

Sex ratio [time series]

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.)

Total fertility rate [time series]

1.7 children born/woman (1999 est.)

Disputes - international (Disputes--international) [time series]

none

Airports [time series]

linked to airport in Nice, France, by helicopter service

Roadways (Highways) [time series]

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

Merchant marine [time series]

none

Ports (Ports and harbors) [time series]

Monaco

Railways [time series]

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