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Compare Monaco (2004) - Cayman Islands (2007)
Compare Monaco (2004) z Cayman Islands (2007)
| Monaco (2004) | Cayman Islands (2007) | |
 |  | |
| 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 2,554; female 2,453)
15-64 years: 62.1% (male 9,860; female 10,165) 65 years and over: 22.4% (male 2,959; female 4,279) (2004 est.) |
0-14 years: 20.3% (male 4,746/female 4,730)
15-64 years: 71% (male 16,135/female 16,964) 65 years and over: 8.6% (male 1,892/female 2,133) (2007 est.) |
| Agriculture - products | none | vegetables, fruit; livestock; turtle farming |
| Airports | none; linked to the airport at Nice, France by helicopter service (2003) (2003 est.) | 3 (2007) |
| Airports - with paved runways | - | total: 2
1,524 to 2,437 m: 2 (2007) |
| Airports - with unpaved runways | - | total: 1
914 to 1,523 m: 1 (2007) |
| Area | total: 1.95 sq km
land: 1.95 sq km water: 0 sq km |
total: 262 sq km
land: 262 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, and were administered by Jamaica after 1863. In 1959, the islands became a territory within the Federation of the West Indies, but when the Federation dissolved in 1962, the Cayman Islands chose to remain a British dependency. |
| Birth rate | 9.36 births/1,000 population (2004 est.) | 12.6 births/1,000 population (2007 est.) |
| Budget | revenues: $518 million
expenditures: $531 million, including capital expenditures of NA (1995) |
revenues: $423.8 million
expenditures: $392.6 million (2004) |
| Capital | Monaco | name: George Town (on Grand Cayman)
geographic coordinates: 19 18 N, 81 23 W time difference: UTC-5 (same time as Washington, DC during Standard Time) |
| 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 1962, 1972, 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: none
conventional short form: Cayman Islands |
| Currency | euro (EUR) | - |
| Death rate | 12.74 deaths/1,000 population (2004 est.) | 4.98 deaths/1,000 population (2007 est.) |
| Debt - external | NA (2000 est.) | $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 | $390,000 (2004) |
| Economy - overview | 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. | With no direct taxation, the islands are a thriving offshore financial center. More than 68,000 companies were registered in the Cayman Islands as of 2003, including almost 500 banks, 800 insurers, and 5,000 mutual funds. 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 2.1 million in 2003, with about half from the US. 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 | 372 million kWh (2005) |
| Electricity - exports | - | 0 kWh (2005) |
| Electricity - imports | NA kWh
note: electricity supplied by France |
0 kWh (2005) |
| Electricity - production | - | 400 million kWh (2005) |
| Elevation extremes | lowest point: Mediterranean Sea 0 m
highest point: Mont Agel 140 m |
lowest point: Caribbean Sea 0 m
highest point: The Bluff (Cayman Brac) 43 m |
| Environment - current issues | NA | no natural fresh water resources; drinking water supplies must be met by rainwater catchments |
| 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 - 0.8860 (2003), 1.0626 (2002), 1.1175 (2001), 1.0854 (2000), 0.9386 (1999) | Caymanian dollars per US dollar - 0.8496 (2006) |
| 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); represented by Governor Stuart JACK (since 23 November 2005)
head of government: Leader of Government Business Kurt TIBBETTS (since 18 May 2005) 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; following legislative elections, the leader of the majority party or coalition is appointed by the governor Leader of Government Business |
| 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 | NA bbl/day |
| Exports - commodities | - | turtle products, manufactured consumer goods |
| Exports - partners | - | mostly US (2006) |
| 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 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.) | - |
| GDP - composition by sector | agriculture: NA
industry: NA services: NA (2001 est.) |
agriculture: 1.4%
industry: 3.2% services: 95.4% (1994 est.) |
| GDP - per capita | purchasing power parity - $27,000 (1999 est.) | - |
| GDP - real growth rate | NA (2000 est.) | 0.9% (2004 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) (2003 est.) | - |
| Highways | total: 50 km
paved: 50 km unpaved: 0 km (1999 est.) |
- |
| Household income or consumption by percentage share | lowest 10%: NA
highest 10%: NA |
lowest 10%: NA%
highest 10%: NA% |
| Illicit drugs | - | offshore financial center; vulnerable to 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 | NA bbl/day |
| Imports - commodities | - | foodstuffs, manufactured goods |
| Imports - partners | - | US, Netherlands Antilles, Japan (2006) |
| 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: 5.53 deaths/1,000 live births
male: 6.4 deaths/1,000 live births female: 4.61 deaths/1,000 live births (2004 est.) |
total: 7.8 deaths/1,000 live births
male: 8.94 deaths/1,000 live births female: 6.65 deaths/1,000 live births (2007 est.) |
| Inflation rate (consumer prices) | NA (2000) | 4.4% (2004) |
| International organization participation | 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 | Caricom (associate), CDB, Interpol (subbureau), IOC, UNESCO (associate), UPU |
| Irrigated land | NA sq km | NA |
| 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) | 23,450 (2004) |
| 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) (2001) |
arable land: 3.85%
permanent crops: 0% other: 96.15% (2005) |
| 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; 3 appointed members from the Executive Council and 15 elected by popular vote; to serve four-year terms)
elections: last held 11 May 2005 (next to be held in 2009) election results: percent of vote by party - NA; seats by party - PPM 9, UDP 5, independent 1 |
| Life expectancy at birth | total population: 79.42 years
male: 75.53 years female: 83.5 years (2004 est.) |
total population: 80.2 years
male: 77.57 years female: 82.87 years (2007 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, three island (Grand Cayman, Cayman Brac, Little Cayman) group in Caribbean Sea, 240 km south of Cuba and 268 km northwest of Jamaica |
| Map references | Europe | Central America and the Caribbean |
| Maritime claims | territorial sea: 12 nm | territorial sea: 12 nm
exclusive fishing zone: 200 nm |
| Merchant marine | none | total: 124 ships (1000 GRT or over) 2,953,923 GRT/4,597,716 DWT
by type: bulk carrier 33, cargo 11, chemical tanker 41, liquefied gas 1, passenger 1, petroleum tanker 17, refrigerated cargo 13, roll on/roll off 3, vehicle carrier 4 foreign-owned: 122 (Denmark 3, Germany 17, Greece 23, Italy 10, Japan 6, Norway 2, Singapore 10, Sweden 1, UK 9, US 41) (2007) |
| Military - note | defense is the responsibility of France | defense is the responsibility of the UK |
| Military branches | - | no regular military forces; Royal Cayman Islands Police Force |
| 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 | 7.75 migrant(s)/1,000 population (2004 est.) | 17.34 migrant(s)/1,000 population
note: major destination for Cubans trying to migrate to the US (2007 est.) |
| 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] | United Democratic Party or UDP [McKeeva BUSH]; People's Progressive Movement or PPM [Kurt TIBBETTS]; note - no national teams (loose groupings of political organizations) were formed for the 2000 elections |
| Political pressure groups and leaders | NA | NA |
| Population | 32,270 (July 2004 est.) | 46,600
note: most of the population lives on Grand Cayman (July 2007 est.) |
| Population below poverty line | NA | NA% |
| Population growth rate | 0.44% (2004 est.) | 2.496% (2007 est.) |
| Ports and harbors | Monaco | - |
| Radio broadcast stations | AM 1, FM NA, shortwave 8 (1998) | AM 1, FM 4, shortwave 0 (2004) |
| Religions | Roman Catholic 90% | United Church (Presbyterian and Congregational), Anglican, Baptist, Church of God, other Protestant, Roman Catholic |
| 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 (2004 est.) |
at birth: 1.02 male(s)/female
under 15 years: 1.003 male(s)/female 15-64 years: 0.951 male(s)/female 65 years and over: 0.887 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: country code - 377; no satellite earth stations; connected by cable into the French communications system |
general assessment: reasonably good system
domestic: liberalization of telecom market in 2003; introduction of competition in the mobile-cellular market in 2004 international: country code - 1-345; landing point for the MAYA-1 submarine telephone cable network that provides links to the US and parts of Central and South America; submarine cable provides connectivity to Jamaica; satellite earth station - 1 Intelsat (Atlantic Ocean) (2007) |
| Telephones - main lines in use | 33,700 (2002) | 38,000 (2002) |
| Telephones - mobile cellular | 19,300 (2002) | 17,000 (2002) |
| Television broadcast stations | 5 (1998) | 4 with cable system (2004) |
| Terrain | hilly, rugged, rocky | low-lying limestone base surrounded by coral reefs |
| Total fertility rate | 1.76 children born/woman (2004 est.) | 1.89 children born/woman (2007 est.) |
| Unemployment rate | 3.1% (1998) | 4.4% (2004) |
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