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Compare Monaco (2003) - Cayman Islands (2001)

Compare Monaco (2003) z Cayman Islands (2001)

 Monaco (2003)Cayman Islands (2001)
 MonacoCayman Islands
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 8 districts; Creek, Eastern, Midland, South Town, Spot Bay, Stake Bay, West End, Western
Age structure 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.)
0-14 years:
22.21% (male 3,807; female 4,084)

15-64 years:
69.74% (male 12,102; female 12,676)

65 years and over:
8.05% (male 1,318; female 1,540) (2001 est.)
Agriculture - products none vegetables, fruit; livestock, turtle farming
Airports none; linked to airport in Nice, France, by helicopter service (2002) 3 (2000 est.)
Airports - with paved runways - total:
2

1,524 to 2,437 m:
2 (2000 est.)
Airports - with unpaved runways - total:
1

914 to 1,523 m:
1 (2000 est.)
Area total: 1.95 sq km


land: 1.95 sq km


water: 0 sq km
total:
259 sq km

land:
259 sq km

water:
0 sq km
Area - comparative about three times the size of The Mall in Washington, DC 1.5 times the size of Washington, DC
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. The Cayman Islands were colonized from Jamaica by the British during the 18th and 19th centuries. Administered by Jamaica from 1863, they remained a British dependency after 1962 when the former became independent.
Birth rate 9.46 births/1,000 population (2003 est.) 13.79 births/1,000 population (2001 est.)
Budget revenues: $518 million


expenditures: $531 million, including capital expenditures of $NA (1995)
revenues:
$265.2 million

expenditures:
$248.9 million, including capital expenditures of $NA (1997)
Capital Monaco George Town
Climate Mediterranean with mild, wet winters and hot, dry summers tropical marine; warm, rainy summers (May to October) and cool, relatively dry winters (November to April)
Coastline 4.1 km 160 km
Constitution 17 December 1962 1959, revised 1972 and 1992
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:
none

conventional short form:
Cayman Islands
Currency euro (EUR) Caymanian dollar (KYD)
Death rate 12.82 deaths/1,000 population (2003 est.) 5.15 deaths/1,000 population (2001 est.)
Debt - external $NA $70 million (1996)
Dependency status - overseas territory of the UK
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 none (overseas territory of the UK)
Diplomatic representation in the US Monaco does not have an embassy in the US


consulate(s) general: New York
none (overseas territory of the UK)
Disputes - international none none
Economic aid - recipient $NA $NA
Economy - overview 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. With no direct taxation, the islands are a thriving offshore financial center. More than 40,000 companies were registered in the Cayman Islands as of 1997, including almost 600 banks and trust companies; banking assets exceed $500 billion. 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 1.2 million visitors in 1997. 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.
Electricity - consumption NA kWh 306.9 million kWh (1999)
Electricity - exports - 0 kWh (1999)
Electricity - imports NA kWh


note: electricity supplied by France
0 kWh (1999)
Electricity - production - 330 million kWh (1999)
Electricity - production by source - fossil fuel:
100%

hydro:
0%

nuclear:
0%

other:
0% (1999)
Elevation extremes lowest point: Mediterranean Sea 0 m


highest point: Mont Agel 140 m
lowest point:
Caribbean Sea 0 m

highest point:
The Bluff 43 m
Environment - current issues NA no natural fresh water resources; drinking water supplies must be met by rainwater catchment
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 French 47%, Monegasque 16%, Italian 16%, other 21% mixed 40%, white 20%, black 20%, expatriates of various ethnic groups 20%
Exchange rates 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) Caymanian dollars per US dollar - 0.83 (3 November 1995), 0.85 (22 November 1993)
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 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
chief of state:
Queen ELIZABETH II (since 6 February 1952); Governor and President of the Executive Council Peter SMITH (since 5 May 1999)

head of government:
Kurt TIBBETTS (since November 2000)

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
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 $1.5 million (1998)
Exports - commodities - turtle products, manufactured consumer goods
Exports - partners - mostly US
Fiscal year calendar year 1 April - 31 March
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 blue, with the flag of the UK in the upper hoist-side quadrant and the Caymanian coat of arms on a white disk 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
GDP purchasing power parity - $870 million (1999 est.) purchasing power parity - $930 million (1997 est.)
GDP - composition by sector agriculture: NA%


industry: NA%


services: NA%
agriculture:
1.4%

industry:
3.2%

services:
95.4% (1994 est.)
GDP - per capita purchasing power parity - $27,000 (1999 est.) purchasing power parity - $24,500 (1997 est.)
GDP - real growth rate NA% 4.9% (1999 est.)
Geographic coordinates 43 44 N, 7 24 E 19 30 N, 80 30 W
Geography - note second-smallest independent state in the world (after Holy See); almost entirely urban important location between Cuba and Central America
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.)
total:
406 km

paved:
304 km

unpaved:
102 km
Household income or consumption by percentage share lowest 10%: NA%


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

highest 10%:
NA%
Illicit drugs - vulnerable to drug money laundering and drug transshipment to the US and Europe
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 $507.6 million (1998)
Imports - commodities - foodstuffs, manufactured goods
Imports - partners - US, Trinidad and Tobago, UK, Netherlands Antilles, Japan
Independence 1419 (beginning of the rule by the House of Grimaldi) none (overseas territory of the UK)
Industrial production growth rate NA% NA%
Industries tourism, construction, small-scale industrial and consumer products tourism, banking, insurance and finance, construction, construction materials, furniture
Infant mortality rate 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.)
10.16 deaths/1,000 live births (2001 est.)
Inflation rate (consumer prices) NA% 3% (1998)
International organization participation 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 Caricom (observer), CDB, Interpol (subbureau), IOC, UNESCO (associate)
Internet Service Providers (ISPs) 2 (2000) 16 (2000)
Irrigated land NA sq km NA sq km
Judicial branch Supreme Court or Tribunal Supreme (judges appointed by the monarch on the basis of nominations by the National Council) Summary Court; Grand Court; Cayman Islands Court of Appeal
Labor force 30,540 (January 1994) 19,820 (1995)
Labor force - by occupation - agriculture 1.4%, industry 12.6%, services 86% (1995)
Land boundaries total: 4.4 km


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


permanent crops: 0%


other: 100% (urban area) (1998 est.)
arable land:
0%

permanent crops:
0%

permanent pastures:
8%

forests and woodland:
23%

other:
69% (1993 est.)
Languages French (official), English, Italian, Monegasque English
Legal system based on French law; has not accepted compulsory ICJ jurisdiction British common law and local statutes
Legislative branch 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
unicameral Legislative Assembly (18 seats, three appointed members and 15 elected by popular vote; members serve four-year terms)

elections:
last held 8 November 2000 (next to be held NA November 2004)

election results:
percent of vote - NA%; seats - NA
Life expectancy at birth total population: 79.27 years


male: 75.37 years


female: 83.37 years (2003 est.)
total population:
79.03 years

male:
76.24 years

female:
81.43 years (2001 est.)
Literacy definition: NA


total population: 99%


male: NA%


female: NA%
definition:
age 15 and over has ever attended school

total population:
98%

male:
98%

female:
98% (1970 est.)
Location Western Europe, bordering the Mediterranean Sea on the southern coast of France, near the border with Italy Caribbean, island group in Caribbean Sea, nearly one-half of the way from Cuba to Honduras
Map references Europe Central America and the Caribbean
Maritime claims territorial sea: 12 NM exclusive fishing zone:
200 NM

territorial sea:
12 NM
Merchant marine none (2002 est.) total:
106 ships (1,000 GRT or over) totaling 1,656,452 GRT/2,643,036 DWT

ships by type:
bulk 21, cargo 5, chemical tanker 27, container 4, liquefied gas 1, petroleum tanker 13, refrigerated cargo 30, roll on/roll off 4, specialized tanker 1

note:
includes some foreign-owned ships registered here as a flag of convenience: Cyprus 2, Denmark 2, Finland 1, Greece 11, Norway 3, UK 3, US 3 (2000 est.)
Military - note defense is the responsibility of France defense is the responsibility of the UK
Military branches - Royal Cayman Islands Police Force (RCIPF)
National holiday National Day (Prince of Monaco Holiday), 19 November Constitution Day, first Monday in July
Nationality noun: Monegasque(s) or Monacan(s)


adjective: Monegasque or Monacan
noun:
Caymanian(s)

adjective:
Caymanian
Natural hazards NA hurricanes (July to November)
Natural resources none fish, climate and beaches that foster tourism
Net migration rate 7.78 migrant(s)/1,000 population (2003 est.) 12.58 migrant(s)/1,000 population (2001 est.)

note:
major destination for Cubans trying to migrate to the US
Political parties and leaders 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] there are no formal political parties but the following loose groupings act as political organizations; National Team; Democratic Alliance; Team Cayman
Political pressure groups and leaders NA NA
Population 32,130 (July 2003 est.) 35,527 (July 2001 est.)
Population below poverty line NA% NA%
Population growth rate 0.44% (2003 est.) 2.12% (2001 est.)
Ports and harbors Monaco Cayman Brac, George Town
Radio broadcast stations AM 1, FM NA, shortwave 8 (1998) AM 1, FM 5, shortwave 0 (1998)
Radios - 36,000 (1997)
Railways total: 1.7 km


standard gauge: 1.7 km 1.435-m gauge (2002)
0 km
Religions Roman Catholic 90% United Church (Presbyterian and Congregational), Anglican, Baptist, Roman Catholic, Church of God, other Protestant
Sex ratio 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.)
at birth:
0.86 male(s)/female

under 15 years:
0.93 male(s)/female

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

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

total population:
0.94 male(s)/female (2001 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:
NA

domestic:
NA

international:
1 submarine coaxial cable; satellite earth station - 1 Intelsat (Atlantic Ocean)
Telephones - main lines in use 31,027 (1995) 19,000 (1995)
Telephones - mobile cellular NA 2,534 (1995)
Television broadcast stations 5 (1998) NA
Terrain hilly, rugged, rocky low-lying limestone base surrounded by coral reefs
Total fertility rate 1.76 children born/woman (2003 est.) 2.04 children born/woman (2001 est.)
Unemployment rate 3.1% (1998) 4.1% (1997)
Waterways none none
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