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Compare Cayman Islands (2008) - Monaco (2007)

Compare Cayman Islands (2008) z Monaco (2007)

 Cayman Islands (2008)Monaco (2007)
 Cayman IslandsMonaco
Administrative divisions 8 districts; Creek, Eastern, Midland, South Town, Spot Bay, Stake Bay, West End, Western 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: 20.3% (male 4,746/female 4,730)


15-64 years: 71% (male 16,135/female 16,964)


65 years and over: 8.6% (male 1,892/female 2,133) (2007 est.)
0-14 years: 15% (male 2,514/female 2,394)


15-64 years: 62.3% (male 10,047/female 10,312)


65 years and over: 22.7% (male 3,019/female 4,385) (2007 est.)
Agriculture - products vegetables, fruit; livestock; turtle farming none
Airports 3 (2007) -
Airports - with paved runways total: 2


1,524 to 2,437 m: 2 (2007)
-
Airports - with unpaved runways total: 1


914 to 1,523 m: 1 (2007)
-
Area total: 262 sq km


land: 262 sq km


water: 0 sq km
total: 1.95 sq km


land: 1.95 sq km


water: 0 sq km
Area - comparative 1.5 times the size of Washington, DC about three times the size of The Mall in Washington, DC
Background The Cayman Islands were colonized from Jamaica by the British during the 18th and 19th centuries, and were administered by Jamaica after 1863. In 1959, the islands became a territory within the Federation of the West Indies, but when the Federation dissolved in 1962, the Cayman Islands chose to remain a British dependency. The Genoese built a fortress on the site of present-day Monaco in 1215. The current ruling Grimaldi family secured control in the late 13th century, and a principality was established in 1338. 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 12.6 births/1,000 population (2007 est.) 9.12 births/1,000 population (2007 est.)
Budget revenues: $423.8 million


expenditures: $392.6 million (2004)
revenues: $863 million


expenditures: $920.6 million (2005 est.)
Capital name: George Town (on Grand Cayman)


geographic coordinates: 19 18 N, 81 23 W


time difference: UTC-5 (same time as Washington, DC during Standard Time)
name: Monaco


geographic coordinates: 43 44 N, 7 25 E


time difference: UTC+1 (6 hours ahead of Washington, DC during Standard Time)


daylight saving time: +1hr, begins last Sunday in March; ends last Sunday in October
Climate tropical marine; warm, rainy summers (May to October) and cool, relatively dry winters (November to April) Mediterranean with mild, wet winters and hot, dry summers
Coastline 160 km 4.1 km
Constitution 1959; revised 1962, 1972, and 1994 17 December 1962
Country name conventional long form: none


conventional short form: Cayman Islands
conventional long form: Principality of Monaco


conventional short form: Monaco


local long form: Principaute de Monaco


local short form: Monaco
Death rate 4.98 deaths/1,000 population (2007 est.) 12.92 deaths/1,000 population (2007 est.)
Debt - external $70 million (1996) $18 billion (2000 est.)
Dependency status overseas territory of the UK -
Diplomatic representation from the US none (overseas territory of the UK) the US does not have an embassy in Monaco; the US Ambassador to France is accredited to Monaco; the US Consul General in Marseille (France), under the authority of the US ambassador to France, handles routine diplomatic and consular matters concerning Monaco
Diplomatic representation in the US none (overseas territory of the UK) chief of mission: Ambassador to the US and UN Gilles NOGHES


chancery: 565 Fifth Avenue, 3rd floor, New York, NY 10017


telephone: (212) 286-0500


FAX: (212) 286-1574
Disputes - international none none
Economic aid - recipient $390,000 (2004) $NA
Economy - overview With no direct taxation, the islands are a thriving offshore financial center. More than 68,000 companies were registered in the Cayman Islands as of 2003, including almost 500 banks, 800 insurers, and 5,000 mutual funds. A stock exchange was opened in 1997. Tourism is also a mainstay, accounting for about 70% of GDP and 75% of foreign currency earnings. The tourist industry is aimed at the luxury market and caters mainly to visitors from North America. Total tourist arrivals exceeded 2.1 million in 2003, with about half from the US. About 90% of the islands' food and consumer goods must be imported. The Caymanians enjoy one of the highest outputs per capita and one of the highest standards of living in the world. Monaco, bordering France on the Mediterranean coast, is a popular resort, attracting tourists to its casino and pleasant climate. In 2001, a major construction project extended 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.
Electricity - consumption 372 million kWh (2005) NA kWh
Electricity - exports 0 kWh (2005) -
Electricity - imports 0 kWh (2005) NA kWh; note - electricity supplied by France
Electricity - production 400 million kWh (2005) -
Elevation extremes lowest point: Caribbean Sea 0 m


highest point: The Bluff (Cayman Brac) 43 m
lowest point: Mediterranean Sea 0 m


highest point: Mont Agel 140 m
Environment - current issues no natural fresh water resources; drinking water supplies must be met by rainwater catchments NA
Environment - international agreements - party to: Air Pollution, Air Pollution-Sulfur 94, Air Pollution-Volatile Organic Compounds, Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Hazardous Wastes, Law of the Sea, Marine Dumping, Ozone Layer Protection, Ship Pollution, Wetlands, Whaling


signed, but not ratified: none of the selected agreements
Ethnic groups mixed 40%, white 20%, black 20%, expatriates of various ethnic groups 20% French 47%, Monegasque 16%, Italian 16%, other 21%
Exchange rates Caymanian dollars per US dollar - NA (2007), 0.8496 (2006) euros per US dollar - 0.7964 (2006), 0.8041 (2005), 0.8054 (2004), 0.886 (2003), 1.0626 (2002)
Executive branch chief of state: Queen ELIZABETH II (since 6 February 1952); represented by Governor Stuart JACK (since 23 November 2005)


head of government: Leader of Government Business Kurt TIBBETTS (since 18 May 2005)


cabinet: Executive Council (three members appointed by the governor, four members elected by the Legislative Assembly)


elections: none; the monarch is hereditary; the governor is appointed by the monarch; following legislative elections, the leader of the majority party or coalition is appointed by the governor Leader of Government Business
chief of state: Prince ALBERT II (since 6 April 2005)


head of government: Minister of State Jean-Paul PROUST (since 1 June 2005)


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 (2004) $716.3 million


note: full customs integration with France, which collects and rebates Monegasque trade duties; also participates in EU market system through customs union with France (2005)
Exports - commodities turtle products, manufactured consumer goods -
Exports - partners mostly US (2006) -
Fiscal year 1 April - 31 March calendar year
Flag description blue, with the flag of the UK in the upper hoist-side quadrant and the Caymanian coat of arms centered on the outer half of the flag; the coat of arms includes a pineapple and turtle above a shield with three stars (representing the three islands) and a scroll at the bottom bearing the motto HE HATH FOUNDED IT UPON THE SEAS 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 - composition by sector agriculture: 1.4%


industry: 3.2%


services: 95.4% (1994 est.)
agriculture: 0%


industry: 4.9%


services: 95.1% (2005)
GDP - real growth rate 0.9% (2004 est.) 0.9% (2000 est.)
Geographic coordinates 19 30 N, 80 30 W 43 44 N, 7 24 E
Geography - note important location between Cuba and Central America second-smallest independent state in the world (after Holy See); almost entirely urban
Heliports - 1 (2007)
Household income or consumption by percentage share lowest 10%: NA%


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


highest 10%: NA%
Illicit drugs offshore financial center; vulnerable to drug transshipment to the US and Europe -
Imports 2,698 bbl/day (2004) $916.1 million


note: full customs integration with France, which collects and rebates Monegasque trade duties; also participates in EU market system through customs union with France (2005)
Imports - commodities foodstuffs, manufactured goods -
Imports - partners US, Netherlands Antilles, Japan (2006) -
Independence none (overseas territory of the UK) 1419 (beginning of rule by the House of Grimaldi)
Industrial production growth rate NA% NA%
Industries tourism, banking, insurance and finance, construction, construction materials, furniture tourism, construction, small-scale industrial and consumer products
Infant mortality rate total: 7.8 deaths/1,000 live births


male: 8.94 deaths/1,000 live births


female: 6.65 deaths/1,000 live births (2007 est.)
total: 5.27 deaths/1,000 live births


male: 6.09 deaths/1,000 live births


female: 4.4 deaths/1,000 live births (2007 est.)
Inflation rate (consumer prices) 4.4% (2004) 1.9% (2000)
International organization participation Caricom (associate), CDB, Interpol (subbureau), IOC, UNESCO (associate), UPU ACCT, CE, FAO, IAEA, ICAO, ICC, ICCt (signatory), ICRM, IFRCS, IHO, IMO, IMSO, Interpol, IOC, IPU, ITSO, ITU, OIF, OPCW, OSCE, UN, UNCTAD, UNESCO, UNIDO, Union Latina, UNITAR, UNWTO, UPU, WHO, WIPO, WMO
Irrigated land NA NA
Judicial branch Summary Court; Grand Court; Cayman Islands Court of Appeal Supreme Court or Tribunal Supreme (judges appointed by the monarch on the basis of nominations by the National Council)
Labor force 23,450 (2004) 44,000


note: includes workers from all foreign countries (2005 est.)
Labor force - by occupation agriculture: 1.4%


industry: 12.6%


services: 86% (1995)
-
Land boundaries 0 km total: 4.4 km


border countries: France 4.4 km
Land use arable land: 3.85%


permanent crops: 0%


other: 96.15% (2005)
arable land: 0%


permanent crops: 0%


other: 100% (urban area) (2005)
Languages English French (official), English, Italian, Monegasque
Legal system British common law and local statutes based on French law; has not accepted compulsory ICJ jurisdiction
Legislative branch unicameral Legislative Assembly (18 seats; 3 appointed members from the Executive Council and 15 elected by popular vote; to serve four-year terms)


elections: last held 11 May 2005 (next to be held in 2009)


election results: percent of vote by party - NA; seats by party - PPM 9, UDP 5, independent 1
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 February 2008)


election results: percent of vote by party - NA%; seats by party - UNAM 21, UND 3
Life expectancy at birth total population: 80.2 years


male: 77.57 years


female: 82.87 years (2007 est.)
total population: 79.82 years


male: 75.99 years


female: 83.85 years (2007 est.)
Literacy definition: age 15 and over has ever attended school


total population: 98%


male: 98%


female: 98% (1970 est.)
definition: age 15 and over can read and write


total population: 99%


male: 99%


female: 99% (2003 est.)
Location Caribbean, three island (Grand Cayman, Cayman Brac, Little Cayman) group in Caribbean Sea, 240 km south of Cuba and 268 km northwest of Jamaica Western Europe, bordering the Mediterranean Sea on the southern coast of France, near the border with Italy
Map references Central America and the Caribbean Europe
Maritime claims territorial sea: 12 nm


exclusive fishing zone: 200 nm
territorial sea: 12 nm
Merchant marine total: 124 ships (1000 GRT or over) 2,953,923 GRT/4,597,716 DWT


by type: bulk carrier 33, cargo 11, chemical tanker 41, liquefied gas 1, passenger 1, petroleum tanker 17, refrigerated cargo 13, roll on/roll off 3, vehicle carrier 4


foreign-owned: 122 (Denmark 3, Germany 17, Greece 23, Italy 10, Japan 6, Norway 2, Singapore 10, Sweden 1, UK 9, US 41) (2007)
registered in other countries: 64 (Bahamas 11, Barbados 1, Georgia 10, Isle of Man 3, Liberia 8, Malta 1, Marshall Islands 7, Norway 5, Panama 11, St Kitts and Nevis 1, St Vincent and The Grenadines 6, unknown 1) (2007)
Military - note defense is the responsibility of the UK defense is the responsibility of France; the Palace Guard performs ceremonial duties (2003)
Military branches no regular military forces; Royal Cayman Islands Police Force -
National holiday Constitution Day, first Monday in July National Day (Saint Rainier's Day), 19 November (1857)
Nationality noun: Caymanian(s)


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


adjective: Monegasque or Monacan
Natural hazards hurricanes (July to November) NA
Natural resources fish, climate and beaches that foster tourism none
Net migration rate 17.34 migrant(s)/1,000 population


note: major destination for Cubans trying to migrate to the US (2007 est.)
7.65 migrant(s)/1,000 population (2007 est.)
Political parties and leaders United Democratic Party or UDP [McKeeva BUSH]; People's Progressive Movement or PPM [Kurt TIBBETTS]; note - no national teams (loose groupings of political organizations) were formed for the 2000 elections National and Democratic Union or UND [Guy MAGNAN]; Union for Monaco or UPM (including National Union for the Future of Monaco or UNAM)
Political pressure groups and leaders NA NA
Population 46,600


note: most of the population lives on Grand Cayman (July 2007 est.)
32,671 (July 2007 est.)
Population below poverty line NA% NA%
Population growth rate 2.496% (2007 est.) 0.386% (2007 est.)
Radio broadcast stations AM 1, FM 4, shortwave 0 (2004) AM 1, FM NA, shortwave 8 (1998)
Religions United Church (Presbyterian and Congregational), Anglican, Baptist, Church of God, other Protestant, Roman Catholic Roman Catholic 90%, other 10%
Sex ratio at birth: 1.02 male(s)/female


under 15 years: 1.003 male(s)/female


15-64 years: 0.951 male(s)/female


65 years and over: 0.887 male(s)/female


total population: 0.956 male(s)/female (2007 est.)
at birth: 1.06 male(s)/female


under 15 years: 1.05 male(s)/female


15-64 years: 0.974 male(s)/female


65 years and over: 0.688 male(s)/female


total population: 0.912 male(s)/female (2007 est.)
Suffrage 18 years of age; universal 18 years of age; universal
Telephone system general assessment: reasonably good system


domestic: liberalization of telecom market in 2003; introduction of competition in the mobile-cellular market in 2004


international: country code - 1-345; landing point for the MAYA-1 submarine telephone cable network that provides links to the US and parts of Central and South America; submarine cable provides connectivity to Jamaica; satellite earth station - 1 Intelsat (Atlantic Ocean) (2007)
general assessment: modern automatic telephone system


domestic: NA


international: country code - 377; no satellite earth stations; connected by cable into the French communications system
Telephones - main lines in use 38,000 (2002) 34,000 (2005)
Telephones - mobile cellular 17,000 (2002) 17,200 (2005)
Television broadcast stations 4 with cable system (2004) 5 (1998)
Terrain low-lying limestone base surrounded by coral reefs hilly, rugged, rocky
Total fertility rate 1.89 children born/woman (2007 est.) 1.75 children born/woman (2007 est.)
Unemployment rate 4.4% (2004) 0% (2005)
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