Korea, South (2005) | Monaco (2005) | |
Administrative divisions | 9 provinces (do, singular and plural) and 7 metropolitan cities (gwangyoksi, singular and plural)
provinces: Cheju-do, Cholla-bukto (North Cholla), Cholla-namdo (South Cholla), Ch'ungch'ong-bukto (North Ch'ungch'ong), Ch'ungch'ong-namdo (South Ch'ungch'ong), Kangwon-do, Kyonggi-do, Kyongsang-bukto (North Kyongsang), Kyongsang-namdo (South Kyongsang) metropolitan cities: Inch'on-gwangyoksi (Inch'on), Kwangju-gwangyoksi (Kwangju), Pusan-gwangyoksi (Pusan), Soul-t'ukpyolsi (Seoul), Taegu-gwangyoksi (Taegu), Taejon-gwangyoksi (Taejon), Ulsan-gwangyoksi (Ulsan) |
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: 19.4% (male 4,952,177/female 4,450,821)
15-64 years: 72% (male 17,715,267/female 17,147,808) 65 years and over: 8.6% (male 1,670,971/female 2,485,600) (2005 est.) |
0-14 years: 15.5% (male 2,563/female 2,445)
15-64 years: 62.1% (male 9,909/female 10,217) 65 years and over: 22.4% (male 2,972/female 4,303) (2005 est.) |
Agriculture - products | rice, root crops, barley, vegetables, fruit; cattle, pigs, chickens, milk, eggs; fish | none |
Airports | 179 (2004 est.) | none; linked to the airport at Nice, France by helicopter service (2004 est.) |
Airports - with paved runways | total: 88
over 3,047 m: 3 2,438 to 3,047 m: 21 1,524 to 2,437 m: 14 914 to 1,523 m: 12 under 914 m: 38 (2004 est.) |
- |
Airports - with unpaved runways | total: 91
914 to 1,523 m: 3 under 914 m: 88 (2004 est.) |
- |
Area | total: 98,480 sq km
land: 98,190 sq km water: 290 sq km |
total: 1.95 sq km
land: 1.95 sq km water: 0 sq km |
Area - comparative | slightly larger than Indiana | about three times the size of The Mall in Washington, DC |
Background | Korea was an independent kingdom under Chinese suzerainty for most of the past millennium. Following its victory in the Russo-Japanese War in 1905, Japan occupied Korea; five years later it formally annexed the entire peninsula. After World War II, a republic was set up in the southern half of the Korean Peninsula while a Communist-style government was installed in the north. During the Korean War (1950-53), US and other UN forces intervened to defend South Korea from North Korean attacks supported by the Chinese. An armistice was signed in 1953, splitting the peninsula along a demilitarized zone at about the 38th parallel. Thereafter, South Korea achieved rapid economic growth with per capita income rising to roughly 14 times the level of North Korea. In 1987, South Korean voters elected ROH Tae-woo to the presidency, ending 26 years of military dictatorships. South Korea today is a fully functioning modern democracy. In June 2000, a historic first North-South summit took place between the South's President KIM Tae-chung and the North's leader KIM Jong Il. | 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 | 10.08 births/1,000 population (2005 est.) | 9.26 births/1,000 population (2005 est.) |
Budget | revenues: $150.5 billion
expenditures: $155.8 billion, including capital expenditures of NA (2004 est.) |
revenues: $518 million
expenditures: $531 million, including capital expenditures of NA (1995) |
Capital | Seoul | Monaco |
Climate | temperate, with rainfall heavier in summer than winter | Mediterranean with mild, wet winters and hot, dry summers |
Coastline | 2,413 km | 4.1 km |
Constitution | 17 July 1948 | 17 December 1962 |
Country name | conventional long form: Republic of Korea
conventional short form: South Korea local long form: Taehan-min'guk local short form: none note: the South Koreans generally use the term "Han'guk" to refer to their country abbreviation: ROK |
conventional long form: Principality of Monaco
conventional short form: Monaco local long form: Principaute de Monaco local short form: Monaco |
Death rate | 6.26 deaths/1,000 population (2005 est.) | 12.71 deaths/1,000 population (2005 est.) |
Debt - external | $160 billion (2004 est.) | $18 billion (2000 est.) |
Diplomatic representation from the US | chief of mission: Ambassador Christopher R. HILL
embassy: 82 Sejong-no, Jongno-gu, Seoul 110-710 mailing address: American Embassy, Unit 15550, APO AP 96205-5550 telephone: [82] (2) 397-4114 FAX: [82] (2) 738-8845 |
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 | chief of mission: Ambassador Lee Tae-sik (designated)
chancery: 2450 Massachusetts Avenue NW, Washington, DC 20008 telephone: [1] (202) 939-5600 FAX: [1] (202) 387-0205 consulate(s) general: Atlanta, Boston, Chicago, Honolulu, Houston, Los Angeles, New York, San Francisco, and Seattle consulate(s): Agana (Guam) and New York |
Monaco does not have an embassy in the US
consulate(s) general: New York |
Disputes - international | Military Demarcation Line within the 4-km wide Demilitarized Zone has separated North from South Korea since 1953; periodic maritime disputes with North Korea over the Northern Limit Line; South Korea and Japan claim Liancourt Rocks (Tok-do/Take-shima), occupied by South Korea since 1954 | none |
Economic aid - donor | ODA $334 million (2003) | - |
Economic aid - recipient | - | NA |
Economy - overview | Since the early 1960s, South Korea has achieved an incredible record of growth and integration into the high-tech modern world economy. Four decades ago GDP per capita was comparable with levels in the poorer countries of Africa and Asia. In 2004, it joined the trillion dollar club of world economies. Today its GDP per capita is 14 times North Korea's and equal to the lesser economies of the European Union. This success through the late 1980s was achieved by a system of close government/business ties, including directed credit, import restrictions, sponsorship of specific industries, and a strong labor effort. The government promoted the import of raw materials and technology at the expense of consumer goods and encouraged savings and investment over consumption. The Asian financial crisis of 1997-99 exposed longstanding weaknesses in South Korea's development model, including high debt/equity ratios, massive foreign borrowing, and an undisciplined financial sector. Growth plunged to a negative 6.9% in 1998, then strongly recovered to 9.5% in 1999 and 8.5% in 2000. Growth fell back to 3.3% in 2001 because of the slowing global economy, falling exports, and the perception that much-needed corporate and financial reforms had stalled. Led by consumer spending and exports, growth in 2002 was an impressive 7.0%, despite anemic global growth. Economic growth fell to 3.1% in 2003 because of a downturn in consumer spending and recovered to an estimated 4.6% in 2004 on the strength of rapid export growth. The government plans to boost infrastructure spending in 2005. Moderate inflation, low unemployment, an export surplus, and fairly equal distribution of income characterize this solid economy. | 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. Monaco does not publish national income figures; the estimates below are extremely rough. |
Electricity - consumption | 293.6 billion kWh (2003) | NA kWh |
Electricity - exports | 0 kWh (2003) | - |
Electricity - imports | 0 kWh (2003) | NA kWh
note: electricity supplied by France |
Electricity - production | 322.5 billion kWh (2003) | - |
Elevation extremes | lowest point: Sea of Japan 0 m
highest point: Halla-san 1,950 m |
lowest point: Mediterranean Sea 0 m
highest point: Mont Agel 140 m |
Environment - current issues | air pollution in large cities; acid rain; water pollution from the discharge of sewage and industrial effluents; drift net fishing | NA |
Environment - international agreements | party to: Antarctic-Environmental Protocol, Antarctic-Marine Living Resources, Antarctic Treaty, Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Environmental Modification, Hazardous Wastes, Law of the Sea, Marine Dumping, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Tropical Timber 94, Wetlands, Whaling
signed, but not ratified: none of the selected 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 | homogeneous (except for about 20,000 Chinese) | French 47%, Monegasque 16%, Italian 16%, other 21% |
Exchange rates | South Korean won per US dollar - 1,145.3 (2004), 1,191.6 (2003), 1,251.1 (2002), 1,291 (2001), 1,131 (2000) | euros per US dollar - 0.8054 (2004), 0.886 (2003), 1.0626 (2002), 1.1175 (2001), 1.0854 (2000) |
Executive branch | chief of state: President ROH Moo-hyun (since 25 February 2003)
head of government: Prime Minister LEE Hae-chan (since 25 May 2004); Deputy Prime Ministers HAN Duck-soo (14 March 2005), KIM Jin-pyo (since 28 January 2005), and OH Myung (since 18 October 2004) cabinet: State Council appointed by the president on the prime minister's recommendation elections: president elected by popular vote for single five-year term; election last held 19 December 2002 (next to be held in February 2008); prime minister appointed by president with consent of National Assembly; deputy prime ministers appointed by president on prime minister's recommendation election results: results of the 19 December 2002 election - ROH Moo-hyun elected president; percent of vote - ROH Moo-hyun (MDP) 48.9%; LEE Hoi-chang (GNP) 46.6%; other 4.5% |
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 | 630,100 bbl/day (2003) | $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 | semiconductors, wireless telecommunications equipment, motor vehicles, computers, steel, ships, petrochemicals | - |
Exports - partners | China 19.7%, US 17%, Japan 8.6%, Hong Kong 7.2% (2004) | - |
Fiscal year | calendar year | calendar year |
Flag description | white with a red (top) and blue yin-yang symbol in the center; there is a different black trigram from the ancient I Ching (Book of Changes) in each corner of the white field | 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: 3.2%
industry: 40.4% services: 56.3% (2004 est.) |
agriculture: 17%
industry: NA% services: NA% (2001 est.) |
GDP - per capita | purchasing power parity - $19,200 (2004 est.) | purchasing power parity - $27,000 (2000 est.) |
GDP - real growth rate | 4.6% (2004 est.) | 0.9% (2000 est.) |
Geographic coordinates | 37 00 N, 127 30 E | 43 44 N, 7 24 E |
Geography - note | strategic location on Korea Strait | second-smallest independent state in the world (after Holy See); almost entirely urban |
Heliports | 206 (2004 est.) | 1 (shuttle service between the international airport at Nice, France, and Monaco's heliport at Fontvieille) (2004 est.) |
Highways | total: 86,990 km
paved: 66,721 km (including 1,996 km of expressways) unpaved: 20,269 km (2001) |
total: 50 km
paved: 50 km unpaved: 0 km (1999 est.) |
Household income or consumption by percentage share | lowest 10%: 2.9%
highest 10%: 22.5% (1999 est.) |
lowest 10%: NA%
highest 10%: NA% |
Imports | 2.263 million bbl/day (2003) | $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 | machinery, electronics and electronic equipment, oil, steel, transport equipment, organic chemicals, plastics | - |
Imports - partners | Japan 20.6%, China 13.2%, US 12.9%, Saudi Arabia 5.3% (2004) | - |
Independence | 15 August 1945 (from Japan) | 1419 (beginning of the rule by the House of Grimaldi) |
Industrial production growth rate | 10.1% (2004 est.) | NA% |
Industries | electronics, telecommunications, automobile production, chemicals, shipbuilding, steel | tourism, construction, small-scale industrial and consumer products |
Infant mortality rate | total: 7.05 deaths/1,000 live births
male: 7.5 deaths/1,000 live births female: 6.57 deaths/1,000 live births (2005 est.) |
total: 5.43 deaths/1,000 live births
male: 6.29 deaths/1,000 live births female: 4.53 deaths/1,000 live births (2005 est.) |
Inflation rate (consumer prices) | 3.6% (2004 est.) | 1.9% (2000) |
International organization participation | AfDB, APEC, APT, ARF, AsDB, ASEAN (dialogue partner), Australia Group, BIS, CP, EBRD, FAO, IAEA, IBRD, ICAO, ICC, ICCt, ICFTU, ICRM, IDA, IEA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Interpol, IOC, IOM, ISO, ITU, LAIA, MIGA, MINURSO, NAM (guest), NEA, NSG, OAS (observer), OECD, ONUB, OPCW, OSCE (partner), PCA, UN, UNCTAD, UNESCO, UNIDO, UNMIL, UNMOGIP, UNOMIG, UPU, WCL, WCO, WHO, WIPO, WMO, WToO, WTO, ZC | ACCT, CE, FAO, IAEA, ICAO, ICC, ICCt (signatory), ICRM, IFRCS, IHO, IMO, Interpol, IOC, ITU, OPCW, OSCE, UN, UNCTAD, UNESCO, UNIDO, UNITAR, UPU, WHO, WIPO, WMO, WToO |
Irrigated land | 11,590 sq km (1998 est.) | NA sq km |
Judicial branch | Supreme Court (justices appointed by president with consent of National Assembly); Constitutional Court (justices appointed by president based partly on nominations by National Assembly and Chief Justice of the court) | Supreme Court or Tribunal Supreme (judges appointed by the monarch on the basis of nominations by the National Council) |
Labor force | 22.9 million (2004 est.) | 30,540 (January 1994) |
Labor force - by occupation | agriculture 8%, industry 19%, services 73% (2004 est.) | - |
Land boundaries | total: 238 km
border countries: North Korea 238 km |
total: 4.4 km
border countries: France 4.4 km |
Land use | arable land: 17.18%
permanent crops: 1.95% other: 80.87% (2001) |
arable land: 0%
permanent crops: 0% other: 100% (urban area) (2001) |
Languages | Korean, English widely taught in junior high and high school | French (official), English, Italian, Monegasque |
Legal system | combines elements of continental European civil law systems, Anglo-American law, and Chinese classical thought | based on French law; has not accepted compulsory ICJ jurisdiction |
Legislative branch | unicameral National Assembly or Kukhoe (299 seats - members elected for four-year terms; 243 in single-seat constituencies, 56 by proportional representation
elections: last held 15 April 2004 (next to be held in April 2008; byelections held on 30 April 2005) election results: percent of vote by party - Uri 51%, GNP 41%, DLP 3%, DP 3%, others 2%; seats by party - Uri 146, GNP 125, DLP 10, DP 9, ULD 3, independents 6 note: percent of vote is for 2004 general election; seats by party reflect results of 2005 byelections involving six seats; MDP became DP in May 2005 (2005) |
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: 76.85 years
male: 73.42 years female: 80.57 years (2005 est.) |
total population: 79.57 years
male: 75.7 years female: 83.63 years (2005 est.) |
Literacy | definition: age 15 and over can read and write
total population: 97.9% male: 99.2% female: 96.6% (2002) |
definition: NA
total population: 99% male: NA% female: NA% |
Location | Eastern Asia, southern half of the Korean Peninsula bordering the Sea of Japan and the Yellow Sea | Western Europe, bordering the Mediterranean Sea on the southern coast of France, near the border with Italy |
Map references | Asia | Europe |
Maritime claims | territorial sea: 12 nm; between 3 nm and 12 nm in the Korea Strait
contiguous zone: 24 nm exclusive economic zone: 200 nm continental shelf: not specified |
territorial sea: 12 nm |
Merchant marine | total: 601 ships (1,000 GRT or over) 6,992,656 GRT/11,081,142 DWT
by type: bulk carrier 125, cargo 196, chemical tanker 88, container 71, liquefied gas 20, passenger 5, passenger/cargo 22, petroleum tanker 51, refrigerated cargo 15, roll on/roll off 5, vehicle carrier 3 foreign-owned: 2 (Germany 1, United Kingdom 1) registered in other countries: 366 (2005) |
registered in other countries: 54 (2005) |
Military - note | - | defense is the responsibility of France; the Palace Guard performs ceremonial duties (2003) |
Military branches | Army, Navy, Air Force, Marine Corps, National Maritime Police (Coast Guard) | - |
Military expenditures - dollar figure | $16.18 billion (2004) | - |
Military expenditures - percent of GDP | 2.8% (2004) | - |
National holiday | Liberation Day, 15 August (1945) | National Day (Prince of Monaco Holiday), 19 November |
Nationality | noun: Korean(s)
adjective: Korean |
noun: Monegasque(s) or Monacan(s)
adjective: Monegasque or Monacan |
Natural hazards | occasional typhoons bring high winds and floods; low-level seismic activity common in southwest | NA |
Natural resources | coal, tungsten, graphite, molybdenum, lead, hydropower potential | none |
Net migration rate | 0 migrant(s)/1,000 population (2005 est.) | 7.71 migrant(s)/1,000 population (2005 est.) |
Pipelines | gas 1,433 km; refined products 827 km (2004) | - |
Political parties and leaders | Democratic Labor Party or DLP [KIM Hye-kyung, chairwoman]; Democratic Party or DP [HAHN Hwa-kap, chairman]; Grand National Party or GNP [PARK Geun-hye, chairwoman]; United Liberal Democrats or ULD [KIM Hak-won, chairman]; Uri Party [MOON Hee-sang, chairman] | 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 | Federation of Korean Industries; Federation of Korean Trade Unions; Korean Confederation of Trade Unions; Korean National Council of Churches; Korean Traders Association; Korean Veterans' Association; National Council of Labor Unions; National Democratic Alliance of Korea; National Federation of Farmers' Associations; National Federation of Student Associations | NA |
Population | 48,422,644 (July 2005 est.) | 32,409 (July 2005 est.) |
Population below poverty line | 4% (2001 est.) | NA% |
Population growth rate | 0.38% (2005 est.) | 0.43% (2005 est.) |
Ports and harbors | Inch'on, Masan, P'ohang, Pusan, Ulsan | Monaco |
Radio broadcast stations | AM 58, FM 150, shortwave 2 (2004) | AM 1, FM NA, shortwave 8 (1998) |
Railways | total: 3,472 km
standard gauge: 3,472 km 1.435-m gauge (1,342 km electrified) (2004) |
- |
Religions | no affiliation 46%, Christian 26%, Buddhist 26%, Confucianist 1%, other 1% | Roman Catholic 90% |
Sex ratio | at birth: 1.08 male(s)/female
under 15 years: 1.11 male(s)/female 15-64 years: 1.03 male(s)/female 65 years and over: 0.67 male(s)/female total population: 1.01 male(s)/female (2005 est.) |
at birth: 1.05 male(s)/female
under 15 years: 1.05 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 (2005 est.) |
Suffrage | 20 years of age; universal | 21 years of age; universal |
Telephone system | general assessment: excellent domestic and international services
domestic: NA international: country code - 82; fiber-optic submarine cable to China; the Russia-Korea-Japan submarine cable; satellite earth stations - 3 Intelsat (2 Pacific Ocean and 1 Indian Ocean) and 1 Inmarsat (Pacific Ocean region) |
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 | 22.877 million (2003) | 33,700 (2002) |
Telephones - mobile cellular | 33,591,800 (2003) | 19,300 (2002) |
Television broadcast stations | 64 (additionally 119 Cable Operators; 239 Relay Cable Operators) (2004) | 5 (1998) |
Terrain | mostly hills and mountains; wide coastal plains in west and south | hilly, rugged, rocky |
Total fertility rate | 1.26 children born/woman (2005 est.) | 1.76 children born/woman (2005 est.) |
Unemployment rate | 3.6% (2004 est.) | 22% (1999) |
Waterways | 1,608 km
note: most navigable only by small craft (2004) |
- |