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Compare Monaco (2001) - Bahamas, The (2007)

Compare Monaco (2001) z Bahamas, The (2007)

 Monaco (2001)Bahamas, The (2007)
 MonacoBahamas, The
Administrative divisions 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 21 districts; Acklins and Crooked Islands, Bimini, Cat Island, Exuma, Freeport, Fresh Creek, Governor's Harbour, Green Turtle Cay, Harbour Island, High Rock, Inagua, Kemps Bay, Long Island, Marsh Harbour, Mayaguana, New Providence, Nichollstown and Berry Islands, Ragged Island, Rock Sound, Sandy Point, San Salvador and Rum Cay
Age structure 0-14 years:
15.32% (male 2,503; female 2,375)

15-64 years:
62.23% (male 9,731; female 10,083)

65 years and over:
22.45% (male 2,921; female 4,229) (2001 est.)
0-14 years: 27% (male 41,268/female 41,186)


15-64 years: 66.5% (male 99,961/female 103,230)


65 years and over: 6.5% (male 8,176/female 11,834) (2007 est.)
Agriculture - products none citrus, vegetables; poultry
Airports linked to airport in Nice, France, by helicopter service 62 (2007)
Airports - with paved runways - total: 24


over 3,047 m: 2


2,438 to 3,047 m: 3


1,524 to 2,437 m: 12


914 to 1,523 m: 7 (2007)
Airports - with unpaved runways - total: 38


1,524 to 2,437 m: 5


914 to 1,523 m: 11


under 914 m: 22 (2007)
Area total:
1.95 sq km

land:
1.95 sq km

water:
0 sq km
total: 13,940 sq km


land: 10,070 sq km


water: 3,870 sq km
Area - comparative about three times the size of The Mall in Washington, DC slightly smaller than Connecticut
Background 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. Lucayan Indians inhabited the islands when Christopher COLUMBUS first set foot in the New World on San Salvador in 1492. British settlement of the islands began in 1647; the islands became a colony in 1783. Since attaining independence from the UK in 1973, The Bahamas have prospered through tourism and international banking and investment management. Because of its geography, the country is a major transshipment point for illegal drugs, particularly shipments to the US and Europe, and its territory is used for smuggling illegal migrants into the US.
Birth rate 9.74 births/1,000 population (2001 est.) 17.3 births/1,000 population (2007 est.)
Budget revenues:
$518 million

expenditures:
$531 million, including capital expenditures of $NA (1995)
revenues: $1.03 billion


expenditures: $1.03 billion (FY04/05)
Capital Monaco name: Nassau


geographic coordinates: 25 05 N, 77 21 W


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


daylight saving time: +1hr, begins second Sunday in March; ends first Sunday in November
Climate Mediterranean with mild, wet winters and hot, dry summers tropical marine; moderated by warm waters of Gulf Stream
Coastline 4.1 km 3,542 km
Constitution 17 December 1962 10 July 1973
Country name conventional long form:
Principality of Monaco

conventional short form:
Monaco

local long form:
Principaute de Monaco

local short form:
Monaco
conventional long form: Commonwealth of The Bahamas


conventional short form: The Bahamas
Currency French franc (FRF); euro (EUR) -
Death rate 13 deaths/1,000 population (2001 est.) 9.13 deaths/1,000 population (2007 est.)
Debt - external $NA $342.6 million (2004 est.)
Diplomatic representation from the US the US does not have an embassy in Monaco; the US Consul General in Marseille (France) is accredited to Monaco chief of mission: Ambassador Ned L. SIEGEL


embassy: 42 Queen Street, Nassau


mailing address: local or express mail address: P. O. Box N-8197, Nassau; US Department of State, 3370 Nassau Place, Washington, DC 20521-3370


telephone: [1] (242) 322-1181, 356-3229 (after hours)


FAX: [1] (242) 356-0222
Diplomatic representation in the US Monaco does not have an embassy in the US

consulate(s) general:
New York
chief of mission: vacant


chancery: 2220 Massachusetts Avenue NW, Washington, DC 20008


telephone: [1] (202) 319-2660


FAX: [1] (202) 319-2668


consulate(s) general: Miami, New York
Disputes - international none disagrees with the US on the alignment of a potential maritime boundary; continues to monitor and interdict drug dealers and Haitian refugees in Bahamian waters
Economic aid - recipient $NA $4.78 million (2004)
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. 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. The Bahamas is a stable, developing nation with an economy heavily dependent on tourism and offshore banking. Tourism together with tourism-driven construction and manufacturing accounts for approximately 60% of GDP and directly or indirectly employs half of the archipelago's labor force. Steady growth in tourism receipts and a boom in construction of new hotels, resorts, and residences had led to solid GDP growth in recent years, but the slowdown in the US economy and the attacks of 11 September 2001 held back growth in these sectors in 2001-03. The current government has presided over a period of economic recovery and an upturn in large-scale private sector investments in tourism. Financial services constitute the second-most important sector of the Bahamian economy, accounting for about 15% of GDP. However, since December 2000, when the government enacted new regulations on the financial sector, many international businesses have left The Bahamas. Manufacturing and agriculture together contribute approximately a tenth of GDP and show little growth, despite government incentives aimed at those sectors. Overall growth prospects in the short run rest heavily on the fortunes of the tourism sector, which depends on growth in the US, the source of more than 80% of the visitors.
Electricity - consumption NA kWh 1.762 billion kWh (2005)
Electricity - exports - 0 kWh (2005)
Electricity - imports NA kWh

note:
electricity supplied by France (1999)
0 kWh (2005)
Electricity - production - 1.894 billion kWh (2005)
Elevation extremes lowest point:
Mediterranean Sea 0 m

highest point:
Mont Agel 140 m
lowest point: Atlantic Ocean 0 m


highest point: Mount Alvernia, on Cat Island 63 m
Environment - current issues NA coral reef decay; solid waste disposal
Environment - international agreements party to:
Air Pollution, 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
party to: Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Hazardous Wastes, Law of the Sea, Ozone Layer Protection, Ship Pollution, Wetlands


signed, but not ratified: none of the selected agreements
Ethnic groups French 47%, Monegasque 16%, Italian 16%, other 21% black 85%, white 12%, Asian and Hispanic 3%
Exchange rates euros per US dollar - 1.0659 (January 2001), 1.0854 (2000), 0.9386 (1999); French francs per US dollar - 5.8995 (1998), 5.8367 (1997), 5.1155 (1996) Bahamian dollars per US dollar - 1 (2006), 1 (2005), 1 (2004), 1 (2003), 1 (2002)
Executive branch 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 LECLERQUE (since 5 January 2000)

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
chief of state: Queen ELIZABETH II (since 6 February 1952); represented by Governor General Arthur D. HANNA (since 1 February 2006)


head of government: Prime Minister Hubert A. INGRAHAM (since 4 May 2007)


cabinet: Cabinet appointed by the governor general on the prime minister's recommendation


elections: none; the monarch is hereditary; governor general appointed by the monarch; following legislative elections, the leader of the majority party or the leader of the majority coalition is usually appointed prime minister by the governor general; the prime minister recommends the deputy prime minister
Exports $NA; full customs integration with France, which collects and rebates Monegasque trade duties; also participates in EU market system through customs union with France transshipments of 41,290 bbl/day (2004)
Exports - commodities - mineral products and salt, animal products, rum, chemicals, fruit and vegetables
Exports - partners - Spain 23.8%, US 21.1%, Poland 14.4%, Germany 7.3%, UK 6.1%, Guatemala 5.2% (2006)
Fiscal year calendar year 1 July - 30 June
Flag description 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 three equal horizontal bands of aquamarine (top), gold, and aquamarine, with a black equilateral triangle based on the hoist side
GDP purchasing power parity - $870 million (1999 est.) -
GDP - composition by sector agriculture:
NA%

industry:
NA%

services:
NA%
agriculture: 3%


industry: 7%


services: 90% (2001 est.)
GDP - per capita purchasing power parity - $27,000 (1999 est.) -
GDP - real growth rate NA% 4% (2006 est.)
Geographic coordinates 43 44 N, 7 24 E 24 15 N, 76 00 W
Geography - note second smallest independent state in the world (after Holy See); almost entirely urban strategic location adjacent to US and Cuba; extensive island chain of which 30 are inhabited
Heliports 1 (shuttle service between the international airport at Nice, France, and Monaco's heliport at Fontvieille) 1 (2007)
Highways total:
50 km

paved:
50 km

unpaved:
0 km (2001)
-
Household income or consumption by percentage share lowest 10%:
NA%

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


highest 10%: 27% (2000)
Illicit drugs - transshipment point for cocaine and marijuana bound for US and Europe; offshore financial center
Imports $NA; full customs integration with France, which collects and rebates Monegasque trade duties; also participates in EU market system through customs union with France NA bbl/day
Imports - commodities - machinery and transport equipment, manufactures, chemicals, mineral fuels; food and live animals
Imports - partners - US 24.5%, Brazil 15.6%, Japan 13%, South Korea 7.8%, Spain 7.1% (2006)
Independence 1419 (beginning of the rule by the House of Grimaldi) 10 July 1973 (from UK)
Industrial production growth rate NA% NA%
Industries tourism, construction, small-scale industrial and consumer products tourism, banking, cement, oil transshipment, salt, rum, aragonite, pharmaceuticals, spiral-welded steel pipe
Infant mortality rate 5.83 deaths/1,000 live births (2001 est.) total: 24.17 deaths/1,000 live births


male: 29.58 deaths/1,000 live births


female: 18.65 deaths/1,000 live births (2007 est.)
Inflation rate (consumer prices) NA% 1.2% (2004)
International organization participation ACCT, ECE, IAEA, ICAO, ICRM, IFRCS, IHO, IMO, Inmarsat, Intelsat, Interpol, IOC, ITU, OPCW, OSCE, UN, UNCTAD, UNESCO, UPU, WHO, WIPO, WMO, WToO ACP, C, Caricom, CDB, FAO, G-77, IADB, IBRD, ICAO, ICCt (signatory), ICFTU, ICRM, IFC, IFRCS, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, ITSO, ITU, MIGA, NAM, OAS, OPANAL, OPCW (signatory), UN, UNCTAD, UNESCO, UNIDO, UNWTO, UPU, WCO, WHO, WIPO, WMO, WTO (observer)
Internet Service Providers (ISPs) 2 (2000) -
Irrigated land NA sq km 10 sq km (2003)
Judicial branch Supreme Court or Tribunal Supreme (judges appointed by the monarch on the basis of nominations by the National Council) Privy Council (London); Courts of Appeal; Supreme (lower) Court; magistrates courts
Labor force 30,540 (January 1994) 176,300 (2004)
Labor force - by occupation - agriculture 5%, industry 5%, tourism 50%, other services 40% (2005 est.)
Land boundaries total:
4.4 km

border countries:
France 4.4 km
0 km
Land use arable land:
0%

permanent crops:
0%

permanent pastures:
0%

forests and woodland:
0%

other:
100% (urban area)
arable land: 0.58%


permanent crops: 0.29%


other: 99.13% (2005)
Languages French (official), English, Italian, Monegasque English (official), Creole (among Haitian immigrants)
Legal system based on French law; has not accepted compulsory ICJ jurisdiction based on English common law
Legislative branch 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 - UND 18
bicameral Parliament consists of the Senate (16 seats; members appointed by the governor general upon the advice of the prime minister and the opposition leader to serve five-year terms) and the House of Assembly (41 seats; members elected by direct popular vote to serve five-year terms); the government may dissolve the Parliament and call elections at any time


elections: last held 2 May 2007 (next to be called by May 2012)


election results: percent of vote by party - FNM 49.86%, PLP 47.02%; seats by party - FNM 23, PLP 18
Life expectancy at birth total population:
78.98 years

male:
75.04 years

female:
83.12 years (2001 est.)
total population: 65.66 years


male: 62.37 years


female: 69.02 years (2007 est.)
Literacy definition:
NA

total population:
99%

male:
NA%

female:
NA%
definition: age 15 and over can read and write


total population: 95.6%


male: 94.7%


female: 96.5% (2003 est.)
Location Western Europe, bordering the Mediterranean Sea on the southern coast of France, near the border with Italy Caribbean, chain of islands in the North Atlantic Ocean, southeast of Florida, northeast of Cuba
Map references Europe Central America and the Caribbean
Maritime claims territorial sea:
12 NM
territorial sea: 12 nm


exclusive economic zone: 200 nm
Merchant marine none (2000 est.) total: 1,213 ships (1000 GRT or over) 40,403,455 GRT/54,276,183 DWT


by type: barge carrier 1, bulk carrier 225, cargo 240, chemical tanker 84, combination ore/oil 13, container 72, liquefied gas 49, livestock carrier 2, passenger 117, passenger/cargo 34, petroleum tanker 196, refrigerated cargo 118, roll on/roll off 18, specialized tanker 4, specialized tanker 1, vehicle carrier 39


foreign-owned: 1,134 (Angola 6, Australia 3, Belgium 15, Bermuda 12, Brazil 1, Canada 13, China 9, Croatia 1, Cuba 1, Cyprus 20, Denmark 66, Finland 8, France 43, Germany 40, Greece 214, Hong Kong 3, Iceland 1, Indonesia 3, Ireland 2, Italy 1, Japan 62, Jordan 2, Kenya 1, Malaysia 11, Monaco 11, Montenegro 2, Netherlands 24, Nigeria 2, Norway 232, Philippines 1, Poland 15, Russia 5, Saudi Arabia 15, Singapore 9, Slovenia 1, South Africa 1, Spain 11, Sweden 5, Switzerland 2, Taiwan 1, Thailand 1, Trinidad and Tobago 1, Turkey 5, UAE 20, UK 68, US 162, Uruguay 1, Venezuela 1)


registered in other countries: 3 (Barbados 1, Panama 2) (2007)
Military - note defense is the responsibility of France -
Military branches - Royal Bahamian Defense Force: Land Force, Navy, Air Wing (2007)
Military expenditures - percent of GDP - 0.5% (2006)
National holiday National Day (Prince of Monaco Holiday), 19 November Independence Day, 10 July (1973)
Nationality noun:
Monegasque(s) or Monacan(s)

adjective:
Monegasque or Monacan
noun: Bahamian(s)


adjective: Bahamian
Natural hazards NA hurricanes and other tropical storms cause extensive flood and wind damage
Natural resources none salt, aragonite, timber, arable land
Net migration rate 7.85 migrant(s)/1,000 population (2001 est.) -2.15 migrant(s)/1,000 population (2007 est.)
Political parties and leaders National and Democratic Union or UND [leader NA]; National Union for the Future of Monaco or UNAM [leader NA]; Rally for the Monegasque Family [leader NA] Free National Movement or FNM [Hubert INGRAHAM]; Progressive Liberal Party or PLP [Perry CHRISTIE]
Political pressure groups and leaders NA NA
Population 31,842 (July 2001 est.) 305,655


note: estimates for this country explicitly take into account the effects of excess mortality due to AIDS; this can result in lower life expectancy, higher infant mortality and death rates, lower population and growth rates, and changes in the distribution of population by age and sex than would otherwise be expected (July 2007 est.)
Population below poverty line NA% 9.3% (2004)
Population growth rate 0.46% (2001 est.) 0.602% (2007 est.)
Ports and harbors Monaco -
Radio broadcast stations AM 1, FM NA, shortwave 8 (1998) AM 3, FM 5, shortwave 0 (2006)
Radios 34,000 (1997) -
Railways total:
1.7 km

standard gauge:
1.7 km 1.435-m gauge
-
Religions Roman Catholic 90% Baptist 35.4%, Anglican 15.1%, Roman Catholic 13.5%, Pentecostal 8.1%, Church of God 4.8%, Methodist 4.2%, other Christian 15.2%, none or unspecified 2.9%, other 0.8% (2000 census)
Sex ratio 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 (2001 est.)
at birth: 1.02 male(s)/female


under 15 years: 1.002 male(s)/female


15-64 years: 0.968 male(s)/female


65 years and over: 0.691 male(s)/female


total population: 0.956 male(s)/female (2007 est.)
Suffrage 21 years of age; universal 18 years of age; universal
Telephone system general assessment:
modern automatic telephone system

domestic:
NA

international:
no satellite earth stations; connected by cable into the French communications system
general assessment: modern facilities


domestic: totally automatic system; highly developed; the Bahamas Domestic Submarine Network links 14 of the islands and is designed to satisfy increasing demand for voice and broadband internet services


international: country code - 1-242; landing point for the Americas Region Caribbean Ring System (ARCOS-1) fiber-optic submarine cable that provides links to South and Central America, parts of the Caribbean, and the US; satellite earth station - 2 (2007)
Telephones - main lines in use 31,027 (1995) 133,100 (2005)
Telephones - mobile cellular NA 227,800 (2005)
Television broadcast stations 5 (1998) 2 (2006)
Terrain hilly, rugged, rocky long, flat coral formations with some low rounded hills
Total fertility rate 1.76 children born/woman (2001 est.) 2.15 children born/woman (2007 est.)
Unemployment rate 3.1% (1998) 10.2% (2005 est.)
Waterways none -
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