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Compare Monaco (2003) - Venezuela (2002)

Compare Monaco (2003) z Venezuela (2002)

 Monaco (2003)Venezuela (2002)
 MonacoVenezuela
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 23 states (estados, singular - estado), 1 federal district* (distrito federal), and 1 federal dependency** (dependencia federal); Amazonas, Anzoategui, Apure, Aragua, Barinas, Bolivar, Carabobo, Cojedes, Delta Amacuro, Dependencias Federales**, Distrito Federal*, Falcon, Guarico, Lara, Merida, Miranda, Monagas, Nueva Esparta, Portuguesa, Sucre, Tachira, Trujillo, Vargas, Yaracuy, Zulia


note: the federal dependency consists of 11 federally controlled island groups with a total of 72 individual islands
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: 31.6% (male 3,955,132; female 3,710,159)


15-64 years: 63.6% (male 7,756,362; female 7,695,738)


65 years and over: 4.8% (male 533,559; female 636,720) (2002 est.)
Agriculture - products none corn, sorghum, sugarcane, rice, bananas, vegetables, coffee; beef, pork, milk, eggs; fish
Airports none; linked to airport in Nice, France, by helicopter service (2002) 372 (2001)
Airports - with paved runways - total: 127


over 3,047 m: 5


2,438 to 3,047 m: 11


1,524 to 2,437 m: 32


914 to 1,523 m: 61


under 914 m: 18 (2002)
Airports - with unpaved runways - total: 246


1,524 to 2,437 m: 10


914 to 1,523 m: 97


under 914 m: 139 (2002)
Area total: 1.95 sq km


land: 1.95 sq km


water: 0 sq km
total: 912,050 sq km


land: 882,050 sq km


water: 30,000 sq km
Area - comparative about three times the size of The Mall in Washington, DC slightly more than twice the size of California
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. Venezuela was one of the three countries that emerged from the collapse of Gran Colombia in 1830 (the others being Colombia and Ecuador). For most of the first half of the 20th century, Venezuela was ruled by generally benevolent military strongmen, who promoted the oil industry and allowed for some social reforms. Democratically-elected governments have held sway since 1959. Current concerns include: an embattled president who is losing his once solid support among Venezuelans, a divided military, drug-related conflicts along the Colombian border, increasing internal drug consumption, overdependence on the petroleum industry with its price fluctuations, and irresponsible mining operations that are endangering the rain forest and indigenous peoples.
Birth rate 9.46 births/1,000 population (2003 est.) 20.22 births/1,000 population (2002 est.)
Budget revenues: $518 million


expenditures: $531 million, including capital expenditures of $NA (1995)
revenues: $21.5 billion


expenditures: $27 billion, including capital expenditures of $NA (2000 est.) (2000 est.)
Capital Monaco Caracas
Climate Mediterranean with mild, wet winters and hot, dry summers tropical; hot, humid; more moderate in highlands
Coastline 4.1 km 2,800 km
Constitution 17 December 1962 30 December 1999
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: Bolivarian Republic of Venezuela


conventional short form: Venezuela


local long form: Republica Bolivariana de Venezuela


local short form: Venezuela
Currency euro (EUR) bolivar (VEB)
Death rate 12.82 deaths/1,000 population (2003 est.) 4.91 deaths/1,000 population (2002 est.)
Debt - external $NA $34.5 billion (2000) (2000)
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 Charles S. SHAPIRO


embassy: Calle F con Calle Suapure, Urbanizacion Colinas de Valle Arriba, Caracas 1080


mailing address: P. O. Box 62291, Caracas 1060-A; APO AA 34037


telephone: [58] (212) 975-9234, 975-6411


FAX: [58] (212) 975-8991
Diplomatic representation in the US Monaco does not have an embassy in the US


consulate(s) general: New York
chief of mission: Ambassador (vacant); Charge d' Affaires Luis HERERRA Marcano


chancery: 1099 30th Street NW, Washington, DC 20007


telephone: [1] (202) 342-2214


FAX: [1] (202) 342-6820


consulate(s) general: Boston, Chicago, Houston, Miami, New Orleans, New York, San Francisco, and San Juan (Puerto Rico)
Disputes - international none claims all of Guyana west of the Essequibo (river); maritime boundary dispute with Colombia in the Gulf of Venezuela; several Caribbean states protest Venezuela's claim to Islas des Aves (Bird Islands), 565 km from Venezuelan mainland
Economic aid - recipient $NA $35 million with more assistance likely as a result of flooding (1999)
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. The petroleum sector dominates the economy, accounting for roughly a third of GDP, around 80% of export earnings, and more than half of government operating revenues. Venezuelan officials estimate that GDP grew by 2.7% in 2001. A strong rebound in international oil prices fueled the recovery from the steep recession in 1999. Nevertheless, a weak nonoil sector and capital flight - and a temporary fall in oil prices - undercut the recovery. In early 2002, President CHAVEZ changed the exchange rate regime from a crawling peg to a free floating exchange rate, causing the bolivar to depreciate significantly.
Electricity - consumption NA kWh 75.101 billion kWh (2000)
Electricity - exports - 0 kWh (2000)
Electricity - imports NA kWh


note: electricity supplied by France
0 kWh (2000)
Electricity - production - 80.754 billion kWh (2000)
Electricity - production by source - fossil fuel: 23%


hydro: 77%


nuclear: 0%


other: 0% (2000)
Elevation extremes lowest point: Mediterranean Sea 0 m


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


highest point: Pico Bolivar (La Columna) 5,007 m
Environment - current issues NA sewage pollution of Lago de Valencia; oil and urban pollution of Lago de Maracaibo; deforestation; soil degradation; urban and industrial pollution, especially along the Caribbean coast; threat to the rainforest ecosystem from irresponsible mining operations
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: Antarctic Treaty, Biodiversity, Climate Change, Desertification, Endangered Species, Hazardous Wastes, Marine Life Conservation, Nuclear Test Ban, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Tropical Timber 94, Wetlands


signed, but not ratified: Marine Dumping
Ethnic groups French 47%, Monegasque 16%, Italian 16%, other 21% Spanish, Italian, Portuguese, Arab, German, African, indigenous people
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) bolivares per US dollar - 761.225 (January 2002), 723.666 (2001), 679.960 (2000), 605.717 (1999), 547.556 (1998), 488.635 (1997)
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 Hugo CHAVEZ Frias (since 3 February 1999); Vice President Jose Vicente RANGEL (since 28 April 2002); note - the president is both the chief of state and head of government


head of government: President Hugo CHAVEZ Frias (since 3 February 1999); Vice President Jose Vicente RANGEL (since 28 April 2002); note - the president is both the chief of state and head of government


cabinet: Council of Ministers appointed by the president


elections: president elected by popular vote for a six-year term; election last held 30 July 2000 (next to be held NA 2006)


election results: Hugo CHAVEZ Frias reelected president; percent of vote - 60%
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 $29.5 billion f.o.b. (2001)
Exports - commodities - petroleum, bauxite and aluminum, steel, chemicals, agricultural products, basic manufactures
Exports - partners - US 60%, Brazil 5.5%, Colombia 3.5%, Italy 3.5%, Spain 3.4% (2000)
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 three equal horizontal bands of yellow (top), blue, and red with the coat of arms on the hoist side of the yellow band and an arc of seven white five-pointed stars centered in the blue band
GDP purchasing power parity - $870 million (1999 est.) purchasing power parity - $146.2 billion (2001 est.)
GDP - composition by sector agriculture: NA%


industry: NA%


services: NA%
agriculture: 5%


industry: 40%


services: 55% (2001 est.)
GDP - per capita purchasing power parity - $27,000 (1999 est.) purchasing power parity - $6,100 (2001 est.)
GDP - real growth rate NA% 2.7% (2001 est.)
Geographic coordinates 43 44 N, 7 24 E 8 00 N, 66 00 W
Geography - note second-smallest independent state in the world (after Holy See); almost entirely urban on major sea and air routes linking North and South America; Angel Falls in the Guiana Highlands is the world's highest waterfall
Heliports 1 (shuttle service between the international airport at Nice, France, and Monaco's heliport at Fontvieille) (2002) 1 (2002)
Highways total: 50 km


paved: 50 km


unpaved: 0 km (1999 est.)
total: 96,155 km


paved: 32,308 km


unpaved: 63,847 km (1997 est.)
Household income or consumption by percentage share lowest 10%: NA%


highest 10%: NA%
lowest 10%: 2%


highest 10%: 38% (1997) (1997)
Illicit drugs - small-scale illicit producer of opium and coca for the processing of opiates and coca derivatives; however, large quantities of cocaine, heroin, and marijuana transit the country from Colombia bound for US and Europe; significant narcotics-related money-laundering activity, especially along the border with Colombia and on Margarita Island; active eradication program primarily targeting opium; increasing signs of drug-related activities by Colombian insurgents on border
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 $18.4 billion f.o.b. (2001)
Imports - commodities - raw materials, machinery and equipment, transport equipment, construction materials
Imports - partners - US 35.8%, Colombia 6.8%, Brazil 4.5%, Germany 3.9%, Italy 3.9% (2000)
Independence 1419 (beginning of the rule by the House of Grimaldi) 5 July 1811 (from Spain)
Industrial production growth rate NA% NA%
Industries tourism, construction, small-scale industrial and consumer products petroleum, iron ore mining, construction materials, food processing, textiles, steel, aluminum, motor vehicle assembly
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.)
24.58 deaths/1,000 live births (2002 est.)
Inflation rate (consumer prices) NA% 12.3% (2001) (2001)
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 CAN, Caricom (observer), CCC, CDB, ECLAC, FAO, G-3, G-15, G-19, G-24, G-77, IADB, IAEA, IBRD, ICAO, ICC, ICFTU, ICRM, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Interpol, IOC, IOM, ISO, ITU, LAES, LAIA, NAM, OAS, OPANAL, OPCW, OPEC, PCA, RG, UN, UNCTAD, UNESCO, UNHCR, UNIDO, UNIKOM, UNU, UPU, WCL, WFTU, WHO, WIPO, WMO, WToO, WTrO
Internet Service Providers (ISPs) 2 (2000) 16 (2000)
Irrigated land NA sq km 540 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 Tribunal of Justice or Tribuna Suprema de Justicia (magistrates are elected by the National Assembly for a single 12-year term)
Labor force 30,540 (January 1994) 9.9 million (1999) (1999)
Labor force - by occupation - services 64%, industry 23%, agriculture 13% (1997 est.)
Land boundaries total: 4.4 km


border countries: France 4.4 km
total: 4,993 km


border countries: Brazil 2,200 km, Colombia 2,050 km, Guyana 743 km
Land use arable land: 0%


permanent crops: 0%


other: 100% (urban area) (1998 est.)
arable land: 2.99%


permanent crops: 0.96%


other: 96.05% (1998 est.)
Languages French (official), English, Italian, Monegasque Spanish (official), numerous indigenous dialects
Legal system based on French law; has not accepted compulsory ICJ jurisdiction based on organic laws as of July 1999; open, adversarial court system; has not accepted compulsory ICJ jurisdiction
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 National Assembly or Asamblea Nacional (165 seats; members elected by popular vote to serve five-year terms; three seats reserved for the indigenous peoples of Venezuela)


elections: last held 30 July 2000 (next to be held NA 2005)


election results: percent of vote by party - NA%; seats by party - pro-government 108 (MVR 92, MAS 6, indigenous 3, other 7), opposition 57 (AD 33, COPEI 6, Justice First 5, other 13)
Life expectancy at birth total population: 79.27 years


male: 75.37 years


female: 83.37 years (2003 est.)
total population: 73.56 years


male: 70.53 years


female: 76.81 years (2002 est.)
Literacy definition: NA


total population: 99%


male: NA%


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


total population: 91.1%


male: 91.8%


female: 90.3% (1995 est.)
Location Western Europe, bordering the Mediterranean Sea on the southern coast of France, near the border with Italy Northern South America, bordering the Caribbean Sea and the North Atlantic Ocean, between Colombia and Guyana
Map references Europe South America
Maritime claims territorial sea: 12 NM contiguous zone: 15 NM


continental shelf: 200-m depth or to the depth of exploitation


exclusive economic zone: 200 NM


territorial sea: 12 NM
Merchant marine none (2002 est.) total: 45 ships (1,000 GRT or over) totaling 716,361 GRT/1,267,095 DWT


ships by type: bulk 7, cargo 9, liquefied gas 3, passenger/cargo 1, petroleum tanker 14, roll on/roll off 10, short-sea passenger 1


note: includes some foreign-owned ships registered here as a flag of convenience: Denmark 1, Greece 1, Italy 1, United Kingdom 1, United States 2 (2002 est.)
Military - note defense is the responsibility of France -
Military branches - National Armed Forces (Fuerzas Armadas Nacionales or FAN) includes Ground Forces or Army (Fuerzas Terrestres or Ejercito), Naval Forces (Fuerzas Navales or Armada - including marines and Coast Guard), Air Force (Fuerzas Aereas or Aviacion), Armed Forces of Cooperation or National Guard (Fuerzas Armadas de Cooperacion or Guardia Nacional)
Military expenditures - dollar figure - $934 million (FY99)
Military expenditures - percent of GDP - 0.9% (FY99)
Military manpower - availability - males age 15-49: 6,647,718 (2002 est.)
Military manpower - fit for military service - males age 15-49: 4,786,849 (2002 est.)
Military manpower - military age - 18 years of age (2002 est.)
Military manpower - reaching military age annually - males: 246,185 (2002 est.)
National holiday National Day (Prince of Monaco Holiday), 19 November Independence Day, 5 July (1811)
Nationality noun: Monegasque(s) or Monacan(s)


adjective: Monegasque or Monacan
noun: Venezuelan(s)


adjective: Venezuelan
Natural hazards NA subject to floods, rockslides, mudslides; periodic droughts
Natural resources none petroleum, natural gas, iron ore, gold, bauxite, other minerals, hydropower, diamonds
Net migration rate 7.78 migrant(s)/1,000 population (2003 est.) -0.11 migrant(s)/1,000 population (2002 est.)
Pipelines - crude oil 6,370 km; petroleum products 480 km; natural gas 4,010 km
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] Democratic Action or AD [Claudio FERMIN]; Fifth Republic Movement or MVR [Garcia PONCE]; Homeland for All or PPT [Jose ALBORNIZ]; Justice First [Julio BORGES]; Movement Toward Socialism or MAS [Hector MUJICA]; National Convergence or Convergencia [Juan Jose CALDERA]; Radical Cause or La Causa R [Antonio HERRERA]; Social Christian Party or COPEI [Oswaldo ALVAREZ Paz]; Venezuela Project or PV [Henrique SALAS Romer]
Political pressure groups and leaders NA FEDECAMARAS, a conservative business group; VECINOS groups; Venezuelan Confederation of Workers or CTV (labor organization dominated by the Democratic Action)
Population 32,130 (July 2003 est.) 24,287,670 (July 2002 est.)
Population below poverty line NA% 67% (1997 est.)
Population growth rate 0.44% (2003 est.) 1.52% (2002 est.)
Ports and harbors Monaco Amuay, Bajo Grande, El Tablazo, La Guaira, La Salina, Maracaibo, Matanzas, Palua, Puerto Cabello, Puerto la Cruz, Puerto Ordaz, Puerto Sucre, Punta Cardon
Radio broadcast stations AM 1, FM NA, shortwave 8 (1998) AM 201, FM NA (20 in Caracas), shortwave 11 (1998)
Radios - 10.75 million (1997)
Railways total: 1.7 km


standard gauge: 1.7 km 1.435-m gauge (2002)
total: 682 km


standard gauge: 682 km 1.435-m gauge


note: 248 km of the existing system are privately owned; passenger services are nonexistent; however, a National Railways Plan, intended to provide a significant railway system, has been initiated (2001)
Religions Roman Catholic 90% nominally Roman Catholic 96%, Protestant 2%, other 2%
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: 1.07 male(s)/female


under 15 years: 1.07 male(s)/female


15-64 years: 1.01 male(s)/female


65 years and over: 0.84 male(s)/female


total population: 1.02 male(s)/female (2002 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 and expanding


domestic: domestic satellite system with 3 earth stations; recent substantial improvement in telephone service in rural areas; substantial increase in digitalization of exchanges and trunk lines; installation of a national interurban fiber-optic network capable of digital multimedia services


international: 3 submarine coaxial cables; satellite earth stations - 1 Intelsat (Atlantic Ocean) and 1 PanAmSat; participating with Colombia, Ecuador, Peru, and Bolivia in the construction of an international fiber-optic network
Telephones - main lines in use 31,027 (1995) 2.6 million (however, 3,500,000 have been installed) (1998)
Telephones - mobile cellular NA 2 million (1998)
Television broadcast stations 5 (1998) 66 (plus 45 repeaters) (1997)
Terrain hilly, rugged, rocky Andes Mountains and Maracaibo Lowlands in northwest; central plains (llanos); Guiana Highlands in southeast
Total fertility rate 1.76 children born/woman (2003 est.) 2.41 children born/woman (2002 est.)
Unemployment rate 3.1% (1998) 14.1% (2001 est.)
Waterways none 7,100 km


note: Rio Orinoco and Lago de Maracaibo accept oceangoing vessels
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