Monaco
Geography
Economy
Defense Forces
People
Transportation
Government
Communications
History
Travel
GEOGRAPHY
Location
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 Boundaries
Total 4.4 km, France 4.4 km
Coastline
4.1 km
Maritime Claims
International Disputes
None
Climate
Mediterranean with mild, wet winters and hot, dry summers
Terrain
Hilly, rugged, rocky
lowest point: Mediterranean Sea 0 m
highest point: Mont Agel 140 m
Natural Resources
Land Use
- Arable land: 0%
- Permanent crops: 0%
- Meadows and pastures: 0%
- Forest and woodland: 0%
- Other: 100%
Irrigated Land
NA
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
Population
31,719 (July 1996 est.)
31,515 (July 1995 est.)
Age Structure
0-14 Years
17% (male 2,737; female 2,685) (July 1996 est.)
17% (male 2,740; female 2,691) (July 1995 est.)
15-64 Years
63% (male 9,746; female 10,318) (July 1996 est.)
63% (male 9,645; female 10,233) (July 1995 est.)
65 Years and Over
20% (male 2,288; female 3,945) (July 1996 est.)
20% (male 2,267; female 3,939) (July 1995 est.)
Population Growth Rate
0.59% (1996 est.)
0.7% (1995 est.)
Birth Rate
10.66 births/1,000 population (1996 est.)
10.66 births/1,000 population (1995 est.)
Death Rate
12.11 deaths/1,000 population (1996 est.)
12.12 deaths/1,000 population (1995 est.)
Net Migration Rate
7.38 migrant(s)/1,000 population (1996 est.)
8.44 migrant(s)/1,000 population (1995 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.)
Infant Mortality Rate
6.9 deaths/1,000 live births (1996 est.)
7 deaths/1,000 live births (1995 est.)
Life Expectancy at Birth
- Total population: 78.07 years 91996 est.), 77.9 years (1995 est.)
- Male: 74.38 years (1996 est.), 74.18 years (1995 est.)
- Female: 81.93 years (1996 est.), 81.8 years (1995 est.)
Total Fertility Rate
1.7 children born/woman (1996 est.)
1.7 children born/woman (1995 est.)
Nationality
- Noun: Monacan(s) or Monegasque(s)
- Adjective: Monacan or Monegasque
Ethnic Divisions
- French 47%
- Monegasque 16%
- Italian 16%
- Other 21%
Religions
Languages
French (official), English, Italian, Monegasque
Literacy
NA
Labor Force
NA
GOVERNMENT
Names
- Conventional long form: Principality of Monaco
- Conventional short form: Monaco
- Local long form: Principaute de Monaco
- Local short form: Monaco
Digraph
MN
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
Legal System
Based on French law; has not accepted compulsory ICJ jurisdiction
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 Jaques DUPONT (since NA 1995) was appointed by the prince from a list of three candidates presented by the French Government
- Cabinet: Council of Government; under the authority of the Prince
Legislative Branch
Unicameral
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
National Anthem
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
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.
National Product
GDP - purchasing power parity - $788 million (1994 est.), $558 million (1993 est.)
National Product Real Growth Rate
NA
National Product Per Capita
$25,000 (1994 est.)
$18,000 (1993 est.)
Inflation Rate (consumer Prices)
NA
Unemployment Rate
3.1% (1994)
Budget
- Revenues: $660 million (1993 est.), $424 million (1991 est.)
- Expenditures: $586 million, including capital expenditures of $NA (1993 est.), $376 million, including capital expenditures of NA (1991 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
External Debt
NA
Industrial Production
Growth rate NA
Electricity
- Capacity: 10,000 kW standby; power imported from France
- Production: NA kWh
- Consumption per capita: NA kWh (1993)
Agriculture
None
Economic Aid
NA
Currency
1 French franc (F) = 100 centimes
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), 5.4453 (1990)
Fiscal Year
Calendar year
TRANSPORTATION
Railroads
- Total: 1.7 km
- Standard gauge: 1.7 km 1.435-m gauge
Highways
50 km
Ports
Monaco
Merchant Marine
None
Airports
Linked to airport in Nice, France, by helicopter service
COMMUNICATIONS
Telephone System
34,600 telephones (1987 est.); 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: 30,000 (1992 est.)
Television
- Broadcast stations: 5
- Televisions: 22,000 (1992 est.)
DEFENSE FORCES
Note: Defense is the responsibility of France
History
World Atlas
last updated: 20 november 1997