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Compare Monaco (2003) - Panama (2002)
Compare Monaco (2003) z Panama (2002)
| Monaco (2003) | Panama (2002) | |
 |  | |
| 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 | 9 provinces (provincias, singular - provincia) and 1 territory* (comarca); Bocas del Toro, Chiriqui, Cocle, Colon, Darien, Herrera, Los Santos, Panama, San Blas*, and Veraguas |
| 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: 29.6% (male 433,494; female 418,120)
15-64 years: 64.3% (male 939,550; female 914,646) 65 years and over: 6.1% (male 84,130; female 92,389) (2002 est.) |
| Agriculture - products | none | bananas, rice, corn, coffee, sugarcane, vegetables; livestock; shrimp |
| Airports | none; linked to airport in Nice, France, by helicopter service (2002) | 107 (2001) |
| Airports - with paved runways | - | total: 41
over 3,047 m: 1 2,438 to 3,047 m: 1 1,524 to 2,437 m: 5 914 to 1,523 m: 13 under 914 m: 21 (2002) |
| Airports - with unpaved runways | - | total: 62
914 to 1,523 m: 12 under 914 m: 50 (2002) |
| Area | total: 1.95 sq km
land: 1.95 sq km water: 0 sq km |
total: 78,200 sq km
land: 75,990 sq km water: 2,210 sq km |
| Area - comparative | about three times the size of The Mall in Washington, DC | slightly smaller than South Carolina |
| 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. | With US backing, Panama seceded from Colombia in 1903 and promptly signed a treaty with the US allowing for the construction of a canal and US sovereignty over a strip of land on either side of the structure (the Panama Canal Zone). The Panama Canal was built by the US Army Corps of Engineers between 1904 and 1914. On 7 September 1977, an agreement was signed for the complete transfer of the Canal from the US to Panama by the end of 1999. Certain portions of the Zone and increasing responsibility over the Canal were turned over in the intervening years. With US help, dictator Manuel NORIEGA was deposed in 1989. The entire Panama Canal, the area supporting the Canal, and remaining US military bases were turned over to Panama by or on 31 December 1999. |
| Birth rate | 9.46 births/1,000 population (2003 est.) | 18.6 births/1,000 population (2002 est.) |
| Budget | revenues: $518 million
expenditures: $531 million, including capital expenditures of $NA (1995) |
revenues: $1.9 billion
expenditures: $2 billion, including capital expenditures of $471 million (2000 est.) |
| Capital | Monaco | Panama |
| Climate | Mediterranean with mild, wet winters and hot, dry summers | tropical maritime; hot, humid, cloudy; prolonged rainy season (May to January), short dry season (January to May) |
| Coastline | 4.1 km | 2,490 km |
| Constitution | 17 December 1962 | 11 October 1972; major reforms adopted 1978, 1983 and 1994 |
| 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: Republic of Panama
conventional short form: Panama local long form: Republica de Panama local short form: Panama |
| Currency | euro (EUR) | balboa (PAB); US dollar (USD) |
| Death rate | 12.82 deaths/1,000 population (2003 est.) | 4.96 deaths/1,000 population (2002 est.) |
| Debt - external | $NA | $7.6 billion (2001 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 Linda Ellen WATT
embassy: Avenida Balboa and Calle 37, Apartado Postal 6959, Panama City 5 mailing address: American Embassy Panama, Unit 0945, APO AA 34002 telephone: [507] 207-7000 FAX: [507] 227-1964 |
| Diplomatic representation in the US | Monaco does not have an embassy in the US
consulate(s) general: New York |
chief of mission: Ambassador Roberto ALFARO
chancery: 2862 McGill Terrace NW, Washington, DC 20008 telephone: [1] (202) 483-1407 FAX: [1] (202) 483-8416 consulate(s) general: Atlanta, Houston, Miami, New Orleans, New York, Philadelphia, San Francisco, Tampa |
| Disputes - international | none | none |
| Economic aid - recipient | $NA | $197.1 million (1995) (1995) |
| 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. | Panama's economy is based primarily on a well-developed services sector that accounts for three-fourths of GDP. Services include the Panama Canal, banking, the Colon Free Zone, insurance, container ports, flagship registry, and tourism. A slump in Colon Free Zone and agricultural exports, the global slowdown, and the withdrawal of US military forces held back economic growth in 2000-01. The government plans public works programs, tax reforms, and new regional trade agreements in order to stimulate growth. |
| Electricity - consumption | NA kWh | 4.651 billion kWh (2000) |
| Electricity - exports | - | 20 million kWh (2000) |
| Electricity - imports | NA kWh
note: electricity supplied by France |
120 million kWh (2000) |
| Electricity - production | - | 4.894 billion kWh (2000) |
| Electricity - production by source | - | fossil fuel: 29%
hydro: 69% nuclear: 0% other: 1% (2000) |
| Elevation extremes | lowest point: Mediterranean Sea 0 m
highest point: Mont Agel 140 m |
lowest point: Pacific Ocean 0 m
highest point: Volcan de Chiriqui 3,475 m |
| Environment - current issues | NA | water pollution from agricultural runoff threatens fishery resources; deforestation of tropical rain forest; land degradation and soil erosion threatens siltation of Panama Canal; air pollution in urban areas; mining threatens natural resources |
| 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 |
party to: Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Hazardous Wastes, Law of the Sea, Marine Dumping, Nuclear Test Ban, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Tropical Timber 94, Wetlands, Whaling
signed, but not ratified: Marine Life Conservation |
| Ethnic groups | French 47%, Monegasque 16%, Italian 16%, other 21% | mestizo (mixed Amerindian and white) 70%, Amerindian and mixed (West Indian) 14%, white 10%, Amerindian 6% |
| 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) | balboas per US dollar - 1.000 (fixed rate) |
| 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: President Mireya Elisa MOSCOSO Rodriguez (since 1 September 1999); First Vice President Arturo Ulises VALLARINO (since 1 September 1999); Second Vice President Dominador "Kaiser" Baldonero BAZAN Jimenez (since 1 September 1999); note - the president is both the chief of state and head of government
head of government: President Mireya Elisa MOSCOSO Rodriguez (since 1 September 1999); First Vice President Arturo Ulises VALLARINO (since 1 September 1999); Second Vice President Dominador "Kaiser" Baldonero BAZAN Jimenez (since 1 September 1999); note - the president is both the chief of state and head of government cabinet: Cabinet appointed by the president elections: president and vice presidents elected on the same ticket by popular vote for five-year terms; election last held 2 May 1999 (next to be held NA May 2004) election results: Mireya Elisa MOSCOSO Rodriguez elected president; percent of vote - Mireya Elisa MOSCOSO Rodriguez (PA) 44%, Martin TORRIJOS (PRD) 37% note: government coalition - PA, MOLIRENA, Democratic Change, MORENA, PLN, PS |
| 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 | $5.9 billion f.o.b. (2001 est.) |
| Exports - commodities | - | bananas, shrimp, sugar, coffee, clothing |
| Exports - partners | - | US 45.9%, Sweden 8.1%, Benelux 5.3%, Costa Rica 5.1% (2000 est.) |
| Fiscal year | calendar year | calendar year |
| 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 | divided into four, equal rectangles; the top quadrants are white (hoist side) with a blue five-pointed star in the center and plain red; the bottom quadrants are plain blue (hoist side) and white with a red five-pointed star in the center |
| GDP | purchasing power parity - $870 million (1999 est.) | purchasing power parity - $16.9 billion (2001 est.) |
| GDP - composition by sector | agriculture: NA%
industry: NA% services: NA% |
agriculture: 7%
industry: 17% services: 76% (2000 est.) |
| GDP - per capita | purchasing power parity - $27,000 (1999 est.) | purchasing power parity - $5,900 (2001 est.) |
| GDP - real growth rate | NA% | 1.4% (2001 est.) |
| Geographic coordinates | 43 44 N, 7 24 E | 9 00 N, 80 00 W |
| Geography - note | second-smallest independent state in the world (after Holy See); almost entirely urban | strategic location on eastern end of isthmus forming land bridge connecting North and South America; controls Panama Canal that links North Atlantic Ocean via Caribbean Sea with North Pacific Ocean |
| 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: 11,592 km
paved: 4,079 km (including 30 km of expressways) unpaved: 7,513 km (2000) |
| Household income or consumption by percentage share | lowest 10%: NA%
highest 10%: NA% |
lowest 10%: 1%
highest 10%: 36% (1997) (1997) |
| Illicit drugs | - | major cocaine transshipment point and primary money laundering center for narcotics revenue; money-laundering activity is especially heavy in the Colon Free Zone; offshore financial center; negligible signs of coca cultivation; monitoring of financial transactions is improving; official corruption remains a major problem |
| 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 | $6.7 billion f.o.b. (2001 est.) |
| Imports - commodities | - | capital goods, crude oil, foodstuffs, consumer goods, chemicals |
| Imports - partners | - | US 33.1%, Ecuador 7.2%, Venezuela 6.6%, Japan 5.5% (2000 est.) |
| Independence | 1419 (beginning of the rule by the House of Grimaldi) | 3 November 1903 (from Colombia; became independent from Spain 28 November 1821) |
| Industrial production growth rate | NA% | 2% (2000 est.) |
| Industries | tourism, construction, small-scale industrial and consumer products | construction, petroleum refining, brewing, cement and other construction materials, sugar milling |
| 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.) |
19.57 deaths/1,000 live births (2002 est.) |
| Inflation rate (consumer prices) | NA% | 1% (2000 est.) |
| 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 | CCC, ECLAC, FAO, G-77, IADB, IAEA, IBRD, ICAO, ICFTU, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, IOM, ISO (correspondent), ITU, LAES, LAIA (observer), NAM, OAS, OPANAL, OPCW, PCA, RG, UN, UNCTAD, UNESCO, UNIDO, UPU, WCL, WFTU, WHO, WIPO, WMO, WToO, WTrO |
| Internet Service Providers (ISPs) | 2 (2000) | 6 (2000) |
| Irrigated land | NA sq km | 320 sq km (1998 est.) |
| Judicial branch | Supreme Court or Tribunal Supreme (judges appointed by the monarch on the basis of nominations by the National Council) | Supreme Court of Justice or Corte Suprema de Justicia (nine judges appointed for 10-year terms); five superior courts; three courts of appeal |
| Labor force | 30,540 (January 1994) | 1.1 million
note: shortage of skilled labor, but an oversupply of unskilled labor (2000 est.) |
| Labor force - by occupation | - | agriculture 21%, industry 18%, services 61% (1995 est.) |
| Land boundaries | total: 4.4 km
border countries: France 4.4 km |
total: 555 km
border countries: Colombia 225 km, Costa Rica 330 km |
| Land use | arable land: 0%
permanent crops: 0% other: 100% (urban area) (1998 est.) |
arable land: 6.72%
permanent crops: 2.08% other: 91.2% (1998 est.) |
| Languages | French (official), English, Italian, Monegasque | Spanish (official), English 14%
note: many Panamanians bilingual |
| Legal system | based on French law; has not accepted compulsory ICJ jurisdiction | based on civil law system; judicial review of legislative acts in the Supreme Court of Justice; accepts compulsory ICJ jurisdiction, with reservations |
| 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 or Asamblea Legislativa (71 seats; members are elected by popular vote to serve five-year terms)
elections: last held 2 May 1999 (next to be held NA May 2004) election results: percent of vote by party - NA%; seats by party - PRD 34, PA 18, PDC 5, PS 4, MOLIRENA 3, PLN 3, Democratic Change 2, PRC 1, MORENA 1 note: legislators from outlying rural districts are chosen on a plurality basis while districts located in more populous towns and cities elect multiple legislators by means of a proportion-based formula |
| Life expectancy at birth | total population: 79.27 years
male: 75.37 years female: 83.37 years (2003 est.) |
total population: 75.89 years
male: 73.14 years female: 78.74 years (2002 est.) |
| Literacy | definition: NA
total population: 99% male: NA% female: NA% |
definition: age 15 and over can read and write
total population: 90.8% male: 91.4% female: 90.2% (1995 est.) |
| Location | Western Europe, bordering the Mediterranean Sea on the southern coast of France, near the border with Italy | Middle America, bordering both the Caribbean Sea and the North Pacific Ocean, between Colombia and Costa Rica |
| Map references | Europe | Central America and the Caribbean |
| Maritime claims | territorial sea: 12 NM | contiguous zone: 24 NM
exclusive economic zone: 200 NM territorial sea: 12 NM |
| Merchant marine | none (2002 est.) | total: 4,838 ships (1,000 GRT or over) totaling 118,878,358 GRT/180,588,102 DWT
ships by type: bulk 1,445, cargo 907, chemical tanker 337, combination bulk 73, combination ore/oil 18, container 560, liquefied gas 207, livestock carrier 5, multi-functional large-load carrier 12, passenger 38, passenger/cargo 3, petroleum tanker 542, railcar carrier 2, refrigerated cargo 283, roll on/roll off 104, short-sea passenger 38, specialized tanker 34, vehicle carrier 230 note: includes some foreign-owned ships registered here as a flag of convenience: Albania 2, Angola 1, Antigua and Barbuda 1, Argentina 11, Australia 13, Austria 2, Bahamas, The 5, Belgium 2, Belize 6, Brazil 6, British Virgin Islands 8, Cambodia 1, Canada 9, Chile 12, China 259, Colombia 14, Croatia 2, Cuba 20, Cyprus 3, Denmark 3, Dominican Republic 1, Ecuador 3, Egypt 16, Equatorial Guinea 1, France 9, Germany 72, Greece 523, Haiti 1, Honduras 3, Hong Kong 299, Iceland 1, India 18, Indonesia 48, Ireland 1, Israel 5, Italy 9, Japan 1642, Kenya 1, Kuwait 2, Latvia 8, Liberia 5, Lithuania 1, Malaysia 18, Malta 2, Marshall Islands 1, Mexico 8, Monaco 112, Netherlands 19, Netherlands Antilles 1, Nigeria 3, Norway 98, Paraguay 1, Peru 15, Philippines 49, Poland 5, Portugal 7, Puerto Rico 2, Romania 7, Russia 12, Saint Kitts and Nevis 1, Saint Vincent and the Grenadines 5, Saudi Arabia 4, Seychelles 1, Singapore 112, South Africa 3, South Korea 342, Spain 52, Sri Lanka 3, Sudan 1, Sweden 2, Switzerland 81, Taiwan 334, Thailand 14, Trinidad and Tobago 1, Tunisia 1, Turkey 4, Ukraine 1, United Arab Emirates 54, United Kingdom 73, United States 115, Venezuela 6, Virgin Islands (UK) 8 (2002 est.) |
| Military - note | defense is the responsibility of France | on 10 February 1990, the government of then President ENDARA abolished Panama's military and reformed the security apparatus by creating the Panamanian Public Forces; in October 1994, Panama's Legislative Assembly approved a constitutional amendment prohibiting the creation of a standing military force, but allowing the temporary establishment of special police units to counter acts of "external aggression" |
| Military branches | - | an amendment to the Constitution abolished the armed forces, but there are security forces (Panamanian Public Forces or PPF includes the Panamanian National Police, National Maritime Service, and National Air Service) |
| Military expenditures - dollar figure | - | $128 million (FY99) |
| Military expenditures - percent of GDP | - | 1.3% (FY99) |
| Military manpower - availability | - | males age 15-49: 789,973 (2002 est.) |
| Military manpower - fit for military service | - | males age 15-49: 540,052 (2002 est.) |
| National holiday | National Day (Prince of Monaco Holiday), 19 November | Independence Day, 3 November (1903) |
| Nationality | noun: Monegasque(s) or Monacan(s)
adjective: Monegasque or Monacan |
noun: Panamanian(s)
adjective: Panamanian |
| Natural hazards | NA | occasional severe storms and forest fires in the Darien area |
| Natural resources | none | copper, mahogany forests, shrimp, hydropower |
| Net migration rate | 7.78 migrant(s)/1,000 population (2003 est.) | -1.04 migrant(s)/1,000 population (2002 est.) |
| Pipelines | - | crude oil 130 km (2001) |
| 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] | Arnulfista Party or PA [Mireya Elisa MOSCOSO Rodriguez]; Civic Renewal Party or PRC [Serguei DE LA ROSA]; Democratic Change [Ricardo MARTINELLI]; Democratic Revolutionary Party or PRD [Martin TORRIJOS]; National Liberal Party or PLN [Raul ARANGO Gasteazopo]; National Renovation Movement or MORENA [Pedro VALLARINO Cox]; Nationalist Republican Liberal Movement or MOLIRENA [Ramon MORALES]; Popular Party or PP (formerly Christian Democratic Party or PDC) [Ruben AROSEMENA]; Solidarity Party or PS [Samuel LEWIS Galindo] |
| Political pressure groups and leaders | NA | Chamber of Commerce; National Civic Crusade; National Council of Organized Workers or CONATO; National Union of Construction and Similar Workers (SUNTRACS); National Council of Private Enterprise or CONEP; Panamanian Association of Business Executives or APEDE; Panamanian Industrialists Society or SIP; Workers Confederation of the Republic of Panama or CTRP |
| Population | 32,130 (July 2003 est.) | 2,882,329 (July 2002 est.) |
| Population below poverty line | NA% | 37% (1999 est.) |
| Population growth rate | 0.44% (2003 est.) | 1.26% (2002 est.) |
| Ports and harbors | Monaco | Balboa, Cristobal, Coco Solo, Manzanillo (part of Colon area), Vacamonte |
| Radio broadcast stations | AM 1, FM NA, shortwave 8 (1998) | AM 101, FM 134, shortwave 0 (1998) |
| Radios | - | 815,000 (1997) |
| Railways | total: 1.7 km
standard gauge: 1.7 km 1.435-m gauge (2002) |
total: 355 km
broad gauge: 76 km 1.524-m gauge narrow gauge: 279 km 0.914-m gauge (2001) |
| Religions | Roman Catholic 90% | Roman Catholic 85%, Protestant 15% |
| 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: 1.04 male(s)/female
under 15 years: 1.04 male(s)/female 15-64 years: 1.03 male(s)/female 65 years and over: 0.91 male(s)/female total population: 1.02 male(s)/female (2002 est.) |
| Suffrage | 21 years of age; universal | 18 years of age; universal and compulsory |
| 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: domestic and international facilities well developed
domestic: NA international: 1 coaxial submarine cable; satellite earth stations - 2 Intelsat (Atlantic Ocean); connected to the Central American Microwave System |
| Telephones - main lines in use | 31,027 (1995) | 396,000 (1997) |
| Telephones - mobile cellular | NA | 17,000 (1997) |
| Television broadcast stations | 5 (1998) | 38 (including repeaters) (1998) |
| Terrain | hilly, rugged, rocky | interior mostly steep, rugged mountains and dissected, upland plains; coastal areas largely plains and rolling hills |
| Total fertility rate | 1.76 children born/woman (2003 est.) | 2.22 children born/woman (2002 est.) |
| Unemployment rate | 3.1% (1998) | 13% (2000 est.) |
| Waterways | none | 882 km
note: 800 km navigable by shallow draft vessels; 82 km Panama Canal |
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