Bermuda (2006) | Monaco (2003) | |
Administrative divisions | 9 parishes and 2 municipalities*; Devonshire, Hamilton, Hamilton*, Paget, Pembroke, Saint George*, Saint George's, Sandys, Smith's, Southampton, Warwick | 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 |
Age structure | 0-14 years: 18.6% (male 6,146/female 6,098)
15-64 years: 69.2% (male 22,562/female 22,954) 65 years and over: 12.2% (male 3,479/female 4,534) (2006 est.) |
0-14 years: 15.5% (male 2,551; female 2,445)
15-64 years: 62.1% (male 9,814; female 10,130) 65 years and over: 22.4% (male 2,937; female 4,253) (2003 est.) |
Agriculture - products | bananas, vegetables, citrus, flowers; dairy products, honey | none |
Airports | 1 (2006) | none; linked to airport in Nice, France, by helicopter service (2002) |
Airports - with paved runways | total: 1
2,438 to 3,047 m: 1 (2006) |
- |
Area | total: 53.3 sq km
land: 53.3 sq km water: 0 sq km |
total: 1.95 sq km
land: 1.95 sq km water: 0 sq km |
Area - comparative | about one-third the size of Washington, DC | about three times the size of The Mall in Washington, DC |
Background | Bermuda was first settled in 1609 by shipwrecked English colonists headed for Virginia. Tourism to the island to escape North American winters first developed in Victorian times. Tourism continues to be important to the island's economy, although international business has overtaken it in recent years. Bermuda has developed into a highly successful offshore financial center. Although a referendum on independence from the UK was soundly defeated in 1995, the present government has reopened debate on the issue. | Economic development was spurred in the late 19th century with a railroad linkup to France and the opening of a casino. Since then, the principality's mild climate, splendid scenery, and gambling facilities have made Monaco world famous as a tourist and recreation center. |
Birth rate | 11.4 births/1,000 population (2006 est.) | 9.46 births/1,000 population (2003 est.) |
Budget | revenues: $738 million
expenditures: $665 million (FY04/05) |
revenues: $518 million
expenditures: $531 million, including capital expenditures of $NA (1995) |
Capital | name: Hamilton
geographic coordinates: 32 17 N, 64 46 W time difference: UTC-4 (1 hour ahead of Washington, DC during Standard Time) daylight saving time: +1hr, begins first Sunday in April; ends last Sunday in October |
Monaco |
Climate | subtropical; mild, humid; gales, strong winds common in winter | Mediterranean with mild, wet winters and hot, dry summers |
Coastline | 103 km | 4.1 km |
Constitution | 8 June 1968; amended 1989 and 2003 | 17 December 1962 |
Country name | conventional long form: none
conventional short form: Bermuda former: Somers Islands |
conventional long form: Principality of Monaco
conventional short form: Monaco local long form: Principaute de Monaco local short form: Monaco |
Currency | - | euro (EUR) |
Death rate | 7.74 deaths/1,000 population (2006 est.) | 12.82 deaths/1,000 population (2003 est.) |
Debt - external | $160 million (FY99/00) | $NA |
Dependency status | overseas territory of the UK | - |
Diplomatic representation from the US | chief of mission: Consul General Gregory W. SLAYTON
consulate(s) general: Crown Hill, 16 Middle Road, Devonshire DVO3 mailing address: P. O. Box HM325, Hamilton HMBX; American Consulate General Hamilton, US Department of State, 5300 Hamilton Place, Washington, DC 20520-5300 telephone: [1] (441) 295-1342 FAX: [1] (441) 295-1592, [1] (441) 296-9233 |
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 | none (overseas territory of the UK) | Monaco does not have an embassy in the US
consulate(s) general: New York |
Disputes - international | none | none |
Economic aid - recipient | $NA | $NA |
Economy - overview | Bermuda enjoys the highest per capita income in the world, more than 50% higher than that of the US. Its economy is primarily based on providing financial services for international business and luxury facilities for tourists. A number of reinsurance companies relocated to the island following 11 September 2001 and again after Hurricane Katrina, contributing to the expansion of an already robust international business sector. Bermuda's tourism industry - which derives over 80% of its visitors from the US - continues to struggle but remains the island's number two industry. Most capital equipment and food must be imported. Bermuda's industrial sector is small, although construction continues to be important; the average cost of a house in June 2003 had risen to $976,000. Agriculture is limited with only 20% of the land being arable. | Monaco, situated on the French Mediterranean coast, is a popular resort, attracting tourists to its casino and pleasant climate. In 2001, a major new construction project will extend the pier used by cruise ships in the main harbor. 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. Living standards are high, roughly comparable to those in prosperous French metropolitan areas. Monaco does not publish national income figures; the estimates below are extremely rough. |
Electricity - consumption | 616.7 million kWh (2005) | NA kWh |
Electricity - exports | 0 kWh (2005) | - |
Electricity - imports | 0 kWh (2005) | NA kWh
note: electricity supplied by France |
Electricity - production | 682.5 million kWh (2005) | - |
Elevation extremes | lowest point: Atlantic Ocean 0 m
highest point: Town Hill 76 m |
lowest point: Mediterranean Sea 0 m
highest point: Mont Agel 140 m |
Environment - current issues | sustainable development | NA |
Environment - international agreements | - | party to: Air Pollution, Air Pollution-Volatile Organic Compounds, 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 |
Ethnic groups | black 54.8%, white 34.1%, mixed 6.4%, other races 4.3%, unspecified 0.4% (2000 census) | French 47%, Monegasque 16%, Italian 16%, other 21% |
Exchange rates | Bermudian dollar per US dollar - 1.0000 (fixed rate pegged to the US dollar) | euros per US dollar - 1.06 1.0626 (2002), 1.1175 (2001), 1.0854 (2000), 0.9386 (1999); French francs per US dollar - 5.8995 (1998) |
Executive branch | chief of state: Queen ELIZABETH II (since 6 February 1952), represented by Governor Sir John VEREKER (since 11 April 2002)
head of government: Premier Ewart BROWN (since 30 October 2006); Deputy Premier Paula COX cabinet: Cabinet nominated by the premier, appointed by the governor elections: none; the monarch is hereditary; governor appointed by the monarch; following legislative elections, the leader of the majority party or the leader of the majority coalition is usually appointed premier by the governor |
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 Patrick LECLERCQ (since 5 January 2000) cabinet: Council of Government is under the authority of the monarch elections: none; the monarchy is hereditary; minister of state appointed by the monarch from a list of three French national candidates presented by the French Government |
Exports | 0 bbl/day NA bbl/day | $NA; full customs integration with France, which collects and rebates Monegasque trade duties; also participates in EU market system through customs union with France |
Exports - commodities | reexports of pharmaceuticals | - |
Exports - partners | France 65.6%, Spain 11.7%, US 4.5% (2005) | - |
Fiscal year | 1 April - 31 March | calendar year |
Flag description | red, with the flag of the UK in the upper hoist-side quadrant and the Bermudian coat of arms (white and green shield with a red lion holding a scrolled shield showing the sinking of the ship Sea Venture off Bermuda in 1609) centered on the outer half of the 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 |
GDP | - | purchasing power parity - $870 million (1999 est.) |
GDP - composition by sector | agriculture: 1%
industry: 10% services: 89% (2002 est.) |
agriculture: NA%
industry: NA% services: NA% |
GDP - per capita | - | purchasing power parity - $27,000 (1999 est.) |
GDP - real growth rate | 4.6% (2004 est.) | NA% |
Geographic coordinates | 32 20 N, 64 45 W | 43 44 N, 7 24 E |
Geography - note | consists of about 138 coral islands and islets with ample rainfall, but no rivers or freshwater lakes; some land was leased by US Government from 1941 to 1995 | second-smallest independent state in the world (after Holy See); almost entirely urban |
Heliports | - | 1 (shuttle service between the international airport at Nice, France, and Monaco's heliport at Fontvieille) (2002) |
Highways | - | total: 50 km
paved: 50 km unpaved: 0 km (1999 est.) |
Household income or consumption by percentage share | lowest 10%: NA%
highest 10%: NA% |
lowest 10%: NA%
highest 10%: NA% |
Imports | NA bbl/day | $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 - commodities | clothing, fuels, machinery and transport equipment, construction materials, chemicals, food and live animals | - |
Imports - partners | Kazakhstan 51%, France 19%, South Korea 10.2%, US 7.6% (2005) | - |
Independence | none (overseas territory of the UK) | 1419 (beginning of the rule by the House of Grimaldi) |
Industrial production growth rate | NA% | NA% |
Industries | international business, tourism, light manufacturing | tourism, construction, small-scale industrial and consumer products |
Infant mortality rate | total: 8.3 deaths/1,000 live births
male: 9.85 deaths/1,000 live births female: 6.73 deaths/1,000 live births (2006 est.) |
total: 5.63 deaths/1,000 live births
male: 6.52 deaths/1,000 live births female: 4.69 deaths/1,000 live births (2003 est.) |
Inflation rate (consumer prices) | 2.8% (November 2005) | NA% |
International organization participation | Caricom (associate), ICFTU, Interpol (subbureau), IOC, UPU, WCO | ACCT, ECE, FAO, IAEA, ICAO, ICC, ICCt (signatory), ICRM, IFRCS, IHO, IMO, Interpol, IOC, ITU, OPCW, OSCE, UN, UNCTAD, UNESCO, UNITAR, UPU, WHO, WIPO, WMO, WToO |
Internet Service Providers (ISPs) | - | 2 (2000) |
Irrigated land | NA | NA sq km |
Judicial branch | Supreme Court; Court of Appeal; Magistrate Courts | Supreme Court or Tribunal Supreme (judges appointed by the monarch on the basis of nominations by the National Council) |
Labor force | 38,360 (2004) | 30,540 (January 1994) |
Labor force - by occupation | agriculture and fishing 3%, laborers 17%, clerical 19%, professional and technical 21%, administrative and managerial 15%, sales 7%, services 19% (2004 est.) | - |
Land boundaries | 0 km | total: 4.4 km
border countries: France 4.4 km |
Land use | arable land: 20%
permanent crops: 0% other: 80% (55% developed, 45% rural/open space) (2005) |
arable land: 0%
permanent crops: 0% other: 100% (urban area) (1998 est.) |
Languages | English (official), Portuguese | French (official), English, Italian, Monegasque |
Legal system | English law | based on French law; has not accepted compulsory ICJ jurisdiction |
Legislative branch | bicameral Parliament consists of the Senate (an 11-member body appointed by the governor, the premier, and the opposition) and the House of Assembly (36 seats; members are elected by popular vote to serve up to five-year terms)
elections: last general election held 24 July 2003 (next to be held not later than July 2008) election results: percent of vote by party - PLP 51.7%, UBP 48%; seats by party - PLP 22, UBP 14 |
unicameral National Council or Conseil National (24 seats; 16 members elected by list majority system, 8 by proportional representation; to serve five-year terms)
elections: last held 9 February 2003 (next to be held NA February 2008) election results: percent of vote by party - NA%; seats by party - UNAM 21, UND 3 |
Life expectancy at birth | total population: 77.96 years
male: 75.85 years female: 80.1 years (2006 est.) |
total population: 79.27 years
male: 75.37 years female: 83.37 years (2003 est.) |
Literacy | definition: age 15 and over can read and write
total population: 98% male: 98% female: 99% (2005 est.) |
definition: NA
total population: 99% male: NA% female: NA% |
Location | North America, group of islands in the North Atlantic Ocean, east of South Carolina (US) | Western Europe, bordering the Mediterranean Sea on the southern coast of France, near the border with Italy |
Map references | North America | Europe |
Maritime claims | territorial sea: 12 nm
exclusive fishing zone: 200 nm |
territorial sea: 12 NM |
Merchant marine | total: 132 ships (1000 GRT or over) 7,873,728 GRT/8,688,692 DWT
by type: bulk carrier 25, cargo 1, container 24, liquefied gas 23, passenger 19, passenger/cargo 6, petroleum tanker 16, refrigerated cargo 13, roll on/roll off 5 foreign-owned: 116 (Australia 3, Belgium 4, France 1, Germany 21, Greece 2, Hong Kong 10, Indonesia 1, Ireland 1, Israel 3, Monaco 2, Nigeria 11, Norway 5, Sweden 14, Switzerland 2, UK 9, US 27) registered in other countries: 6 (Liberia 1, Marshall Islands 4, Panama 1) (2006) |
none (2002 est.) |
Military - note | defense is the responsibility of the UK | defense is the responsibility of France |
Military branches | no regular military forces | - |
Military expenditures - dollar figure | $4.03 million (2001) | - |
Military expenditures - percent of GDP | 0.11% (FY00/01) | - |
National holiday | Bermuda Day, 24 May | National Day (Prince of Monaco Holiday), 19 November |
Nationality | noun: Bermudian(s)
adjective: Bermudian |
noun: Monegasque(s) or Monacan(s)
adjective: Monegasque or Monacan |
Natural hazards | hurricanes (June to November) | NA |
Natural resources | limestone, pleasant climate fostering tourism | none |
Net migration rate | 2.4 migrant(s)/1,000 population (2006 est.) | 7.78 migrant(s)/1,000 population (2003 est.) |
Political parties and leaders | Progressive Labor Party or PLP [Ewart BROWN]; United Bermuda Party or UBP [Wayne FURBERT] | National and Democratic Union or UND [Jean-Louis CAMPORA]; Union for Monaco or UPM (including National Union for the Future of Monaco or UNAM [leader NA] |
Political pressure groups and leaders | Bermuda Employer's Union [Eddie SAINTS]; Bermuda Industrial Union or BIU [Derrick BURGESS]; Bermuda Public Services Union or BPSU [Ed BALL]; Bermuda Union of Teachers [Michael CHARLES] | NA |
Population | 65,773 (July 2006 est.) | 32,130 (July 2003 est.) |
Population below poverty line | 19% (2000) | NA% |
Population growth rate | 0.61% (2006 est.) | 0.44% (2003 est.) |
Ports and harbors | - | Monaco |
Radio broadcast stations | AM 5, FM 3, shortwave 0 (2005) | AM 1, FM NA, shortwave 8 (1998) |
Railways | - | total: 1.7 km
standard gauge: 1.7 km 1.435-m gauge (2002) |
Religions | Anglican 23%, Roman Catholic 15%, African Methodist Episcopal 11%, other Protestant 18%, other 12%, unaffiliated 6%, unspecified 1%, none 14% (2000 census) | Roman Catholic 90% |
Sex ratio | at birth: 1.02 male(s)/female
under 15 years: 1.01 male(s)/female 15-64 years: 0.98 male(s)/female 65 years and over: 0.77 male(s)/female total population: 0.96 male(s)/female (2006 est.) |
at birth: 1.05 male(s)/female
under 15 years: 1.04 male(s)/female 15-64 years: 0.97 male(s)/female 65 years and over: 0.69 male(s)/female total population: 0.91 male(s)/female (2003 est.) |
Suffrage | 18 years of age; universal | 21 years of age; universal |
Telephone system | general assessment: good
domestic: fully automatic digital telephone system; fiber optic trunk lines international: country code - 1-441; submarine cables - 3 (fiber optic); satellite earth stations - 3 (2005) |
general assessment: modern automatic telephone system
domestic: NA international: no satellite earth stations; connected by cable into the French communications system |
Telephones - main lines in use | 56,000 (2002) | 31,027 (1995) |
Telephones - mobile cellular | 49,000 (2004) | NA |
Television broadcast stations | 3 (2005) | 5 (1998) |
Terrain | low hills separated by fertile depressions | hilly, rugged, rocky |
Total fertility rate | 1.89 children born/woman (2006 est.) | 1.76 children born/woman (2003 est.) |
Unemployment rate | 2.1% (2004 est.) | 3.1% (1998) |
Waterways | - | none |