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Compare Monaco (2004) - Spain (2003)

Compare Monaco (2004) z Spain (2003)

 Monaco (2004)Spain (2003)
 MonacoSpain
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 19 autonomous communities (comunidades autonomas, singular - comunidad autonoma); Andalucia, Aragon, Asturias, Baleares (Balearic Islands), Ceuta, Canarias (Canary Islands), Cantabria, Castilla-La Mancha, Castilla y Leon, Cataluna, Communidad Valencian, Extremadura, Galicia, La Rioja, Madrid, Melilla, Murcia, Navarra, Pais Vasco (Basque Country)


note: three small Spanish possessions are located off the coast of Morocco: Islas Chafarinas, Penon de Alhucemas, and Penon de Velez de la Gomera; Ceuta and Melilla gained limited autonomous status in 1994
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: 14.4% (male 2,985,705; female 2,808,791)


15-64 years: 68% (male 13,721,053; female 13,626,121)


65 years and over: 17.6% (male 2,962,646; female 4,113,097) (2003 est.)
Agriculture - products none grain, vegetables, olives, wine grapes, sugar beets, citrus; beef, pork, poultry, dairy products; fish
Airports none; linked to the airport at Nice, France by helicopter service (2003) (2003 est.) 152 (2002)
Airports - with paved runways - total: 93


over 3,047 m: 15


2,438 to 3,047 m: 10


1,524 to 2,437 m: 18


914 to 1,523 m: 23


under 914 m: 27 (2002)
Airports - with unpaved runways - total: 59


1,524 to 2,437 m: 2


914 to 1,523 m: 14


under 914 m: 43 (2002)
Area total: 1.95 sq km


land: 1.95 sq km


water: 0 sq km
total: 504,782 sq km


land: 499,542 sq km


water: 5,240 sq km


note: there are 19 autonomous communities including Balearic Islands and Canary Islands, and three small Spanish possessions off the coast of Morocco - Islas Chafarinas, Penon de Alhucemas, and Penon de Velez de la Gomera
Area - comparative about three times the size of The Mall in Washington, DC slightly more than twice the size of Oregon
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. Spain's powerful world empire of the 16th and 17th centuries ultimately yielded command of the seas to England. Subsequent failure to embrace the mercantile and industrial revolutions caused the country to fall behind Britain, France, and Germany in economic and political power. Spain remained neutral in World Wars I and II, but suffered through a devastating civil war (1936-39). In the second half of the 20th century, Spain has played a catch-up role in the western international community; it joined the EU in 1986. Continuing concerns are Basque Fatherland and Liberty (ETA) terrorism and further reductions in unemployment.
Birth rate 9.36 births/1,000 population (2004 est.) 10.08 births/1,000 population (2003 est.)
Budget revenues: $518 million


expenditures: $531 million, including capital expenditures of NA (1995)
revenues: $105 billion


expenditures: $109 billion, including capital expenditures of $12.8 billion (2000 est.)
Capital Monaco Madrid
Climate Mediterranean with mild, wet winters and hot, dry summers temperate; clear, hot summers in interior, more moderate and cloudy along coast; cloudy, cold winters in interior, partly cloudy and cool along coast
Coastline 4.1 km 4,964 km
Constitution 17 December 1962 6 December 1978, effective 29 December 1978
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: Kingdom of Spain


conventional short form: Spain


local short form: Espana
Currency euro (EUR) euro (EUR)


note: on 1 January 1999, the European Monetary Union introduced the euro as a common currency to be used by the financial institutions of member countries; on 1 January 2002, the euro became the sole currency for everyday transactions with the member countries
Death rate 12.74 deaths/1,000 population (2004 est.) 9.48 deaths/1,000 population (2003 est.)
Debt - external NA (2000 est.) $90 billion (1993 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 George L. ARGYROS


embassy: Serrano 75, 28006 Madrid


mailing address: PSC 61, APO AE 09642


telephone: [34] (91) 587-2200


FAX: [34] (91) 587-2303


consulate(s) general: Barcelona
Diplomatic representation in the US Monaco does not have an embassy in the US


consulate(s) general: New York
chief of mission: Ambassador Francisco Javier RUPEREZ Rubio


chancery: 2375 Pennsylvania Avenue NW, Washington, DC 20037


telephone: [1] (202) 452-0100, 728-2340


FAX: [1] (202) 833-5670


consulate(s) general: Boston, Chicago, Houston, Los Angeles, Miami, New Orleans, New York, San Francisco, and San Juan (Puerto Rico)
Disputes - international none Gibraltar residents vote overwhelmingly in referendum against "total shared sovereignty" arrangement worked out between Spain and UK to change 300-year rule over colony; Morocco protests Spain's control over the coastal enclaves of Ceuta, Melilla, and Penon de Velez de la Gomera, the islands of Penon de Alhucemas and Islas Chafarinas, and surrounding waters; Morocco also rejected Spain's unilateral designation of a median line from the Canary Islands in 2002 to set limits to undersea resource exploration and refugee interdiction; Morocco allowed Spanish fishermen to fish temporarily off the coast of Western Sahara after an oil spill soiled Spanish fishing grounds; Portugal has periodically reasserted claims to territories around the town of Olivenza, Spain
Economic aid - donor - ODA, $1.33 billion (1999)
Economic aid - recipient NA -
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. Spain's mixed capitalist economy supports a GDP that on a per capita basis is 80% that of the four leading West European economies. Its center-right government successfully worked to gain admission to the first group of countries launching the European single currency (the euro) on 1 January 1999. The AZNAR administration has continued to advocate liberalization, privatization, and deregulation of the economy and has introduced some tax reforms to that end. Unemployment has been steadily falling under the AZNAR administration but remains high at 11.7%. The government intends to make further progress in changing labor laws and reforming pension schemes, which are key to the sustainability of both Spain's internal economic advances and its competitiveness in a single currency area. A general strike in mid-2002 reduced cooperation between labor and government. Growth of 2.4% in 2003 was satisfactory given the background of a faltering European economy. Adjusting to the monetary and other economic policies of an integrated Europe - and reducing unemployment - will pose challenges to Spain over the next few years.
Electricity - consumption NA kWh 210.4 billion kWh (2001)
Electricity - exports - 4.138 billion kWh (2001)
Electricity - imports NA kWh


note: electricity supplied by France
7.588 billion kWh (2001)
Electricity - production - 222.5 billion kWh (2001)
Electricity - production by source - fossil fuel: 50.4%


hydro: 18.2%


nuclear: 27.2%


other: 4.1% (2001)
Elevation extremes lowest point: Mediterranean Sea 0 m


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


highest point: Pico de Teide (Tenerife) on Canary Islands 3,718 m
Environment - current issues NA pollution of the Mediterranean Sea from raw sewage and effluents from the offshore production of oil and gas; water quality and quantity nationwide; air pollution; deforestation; desertification
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: Air Pollution, Air Pollution-Nitrogen Oxides, Air Pollution-Sulphur 94, Air Pollution-Volatile Organic Compounds, Antarctic-Environmental Protocol, Antarctic-Marine Living Resources, Antarctic Treaty, Biodiversity, Climate Change, Endangered Species, Environmental Modification, Hazardous Wastes, Law of the Sea, Marine Dumping, Marine Life Conservation, Nuclear Test Ban, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Tropical Timber 94, Wetlands, Whaling


signed, but not ratified: Air Pollution-Persistent Organic Pollutants, Climate Change-Kyoto Protocol, Desertification
Ethnic groups French 47%, Monegasque 16%, Italian 16%, other 21% composite of Mediterranean and Nordic types
Exchange rates euros per US dollar - 0.8860 (2003), 1.0626 (2002), 1.1175 (2001), 1.0854 (2000), 0.9386 (1999) euros per US dollar - 1.06 (2002), 1.12 (2001), 1.09 (2000), 0.94 (1999)
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: King JUAN CARLOS I (since 22 November 1975); Heir Apparent Prince FELIPE, son of the monarch, born 30 January 1968


head of government: President of the Government Jose Maria AZNAR Lopez (since 5 May 1996); First Vice President (and Minister of Economy) Rodrigo RATO Figaredo (since 4 September 2003) and Second Vice President (and Minister of the Presidency) Javier ARENAS (since 4 September 2003)


cabinet: Council of Ministers designated by the president


note: there is also a Council of State that is the supreme consultative organ of the government


elections: the monarch is hereditary; following legislative elections, the leader of the majority party or the leader of the majority coalition is usually proposed president by the monarch and elected by the National Assembly; election last held 12 March 2000 (next to be held NA March 2004); vice presidents appointed by the monarch on the proposal of the president


election results: Jose Maria AZNAR Lopez (PP) elected president; percent of National Assembly vote - 44.54%; note - the Popular Party (PP) obtained an absolute majority of seats in both the Congress of Deputies and the Senate as a result of the March 2000 elections
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 135,100 bbl/day (2001)
Exports - commodities - machinery, motor vehicles; foodstuffs, other consumer goods
Exports - partners - France 19%, Germany 11.4%, UK 9.6%, Portugal 9.5%, Italy 9.3%, US 4.6% (2002)
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 horizontal bands of red (top), yellow (double width), and red with the national coat of arms on the hoist side of the yellow band; the coat of arms includes the royal seal framed by the Pillars of Hercules, which are the two promontories (Gibraltar and Ceuta) on either side of the eastern end of the Strait of Gibraltar
GDP purchasing power parity - $870 million (1999 est.) purchasing power parity - $850.7 billion (2002 est.)
GDP - composition by sector agriculture: NA


industry: NA


services: NA (2001 est.)
agriculture: 4%


industry: 31%


services: 65% (2000 est.)
GDP - per capita purchasing power parity - $27,000 (1999 est.) purchasing power parity - $21,200 (2002 est.)
GDP - real growth rate NA (2000 est.) 2% (2002 est.)
Geographic coordinates 43 44 N, 7 24 E 40 00 N, 4 00 W
Geography - note second-smallest independent state in the world (after Holy See); almost entirely urban strategic location along approaches to Strait of Gibraltar
Heliports 1 (shuttle service between the international airport at Nice, France, and Monaco's heliport at Fontvieille) (2003 est.) 7 (2002)
Highways total: 50 km


paved: 50 km


unpaved: 0 km (1999 est.)
total: 663,795 km


paved: 657,157 km (including 10,317 km of expressways)


unpaved: 6,638 km (1999)
Household income or consumption by percentage share lowest 10%: NA


highest 10%: NA
lowest 10%: 2.8%


highest 10%: 25.2% (1990)
Illicit drugs - key European gateway country for Latin American cocaine and North African hashish entering the European market; destination and minor transshipment point for Southwest Asian heroin
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 1.582 million bbl/day (2001)
Imports - commodities - machinery and equipment, fuels, chemicals, semifinished goods; foodstuffs, consumer goods (1997)
Imports - partners - France 17%, Germany 16.5%, Italy 8.6%, UK 6.4%, Netherlands 4.8% (2002)
Independence 1419 (beginning of the rule by the House of Grimaldi) the Iberian peninsula was characterized by a variety of independent kingdoms prior to the Moslem occupation that began in the early 8th Century A. D. and lasted nearly seven centuries; the small Christian redoubts of the north began the reconquest almost immediately, culminating in the seizure of Granada in 1492; this event completed the unification of several kingdoms and is traditionally considered the forging of present-day Spain
Industrial production growth rate NA 1.2% (2002 est.)
Industries tourism, construction, small-scale industrial and consumer products textiles and apparel (including footwear), food and beverages, metals and metal manufactures, chemicals, shipbuilding, automobiles, machine tools, tourism
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: 4.54 deaths/1,000 live births


male: 4.94 deaths/1,000 live births


female: 4.12 deaths/1,000 live births (2003 est.)
Inflation rate (consumer prices) NA (2000) 3% (2002 est.)
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 AfDB, AsDB, Australia Group, BIS, CE, CERN, EAPC, EBRD, ECE, ECLAC, EIB, EMU, ESA, EU, FAO, IADB, IAEA, IBRD, ICAO, ICC, ICCt, ICFTU, ICRM, IDA, IEA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Interpol, IOC, IOM (observer), ISO, ITU, LAIA (observer), MONUC, NATO, NEA, NSG, OAS (observer), OECD, OPCW, OSCE, PCA, UN, UN Security Council (temporary), UNCTAD, UNESCO, UNHCR, UNIDO, UNMEE, UNMIBH, UNMIK, UNU, UPU, WCL, WCO, WEU, WHO, WIPO, WMO, WToO, WTrO, ZC
Internet Service Providers (ISPs) - 56 (2000)
Irrigated land NA sq km 36,400 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 or Tribunal Supremo
Labor force 30,540 (January 1994) 17.1 million (2001)
Labor force - by occupation - services 64%, manufacturing, mining, and construction 29%, agriculture 7% (2001 est.)
Land boundaries total: 4.4 km


border countries: France 4.4 km
total: 1,917.8 km


border countries: Andorra 63.7 km, France 623 km, Gibraltar 1.2 km, Portugal 1,214 km, Morocco (Ceuta) 6.3 km, Morocco (Melilla) 9.6 km
Land use arable land: 0%


permanent crops: 0%


other: 100% (urban area) (2001)
arable land: 28.6%


permanent crops: 9.56%


other: 61.84% (1998 est.)
Languages French (official), English, Italian, Monegasque Castilian Spanish 74%, Catalan 17%, Galician 7%, Basque 2%


note: Castilian is the official language nationwide; the other languages are official regionally
Legal system based on French law; has not accepted compulsory ICJ jurisdiction civil law system, with regional applications; 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
bicameral; General Courts or National Assembly or Las Cortes Generales consists of the Senate or Senado (259 seats - 208 members directly elected by popular vote and the other 51 appointed by the regional legislatures to serve four-year terms) and the Congress of Deputies or Congreso de los Diputados (350 seats; members are elected by popular vote on block lists by proportional representation to serve four-year terms)


elections: Senate - last held 12 March 2000 (next to be held NA March 2004); Congress of Deputies - last held 12 March 2000 (next to be held NA March 2004)


election results: Senate - percent of vote by party - PP 44.6%, PSOE 34.1%, CiU 4.2%, PNV 1.5%, CC 1.1%, PIL 0%; seats by party - PP 127, PSOE 61, CiU 8, PNV 6, CC 5, PIL 1; Congress of Deputies - percent of vote by party - PP 44.5%, PSOE 34%, CiU 4.2%, IU 5.4%, PNV 1.5%, CC 1%, BNG 1.3%; seats by party - PP 183, PSOE 125, CiU 15, IU 8, PNV 7, CC 4, BNG 3, other 5
Life expectancy at birth total population: 79.42 years


male: 75.53 years


female: 83.5 years (2004 est.)
total population: 79.23 years


male: 75.87 years


female: 82.8 years (2003 est.)
Literacy definition: NA


total population: 99%


male: NA


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


total population: 97.9%


male: 98.7%


female: 97.2% (2003 est.)
Location Western Europe, bordering the Mediterranean Sea on the southern coast of France, near the border with Italy Southwestern Europe, bordering the Bay of Biscay, Mediterranean Sea, North Atlantic Ocean, and Pyrenees Mountains, southwest of France
Map references Europe Europe
Maritime claims territorial sea: 12 nm contiguous zone: 24 NM


exclusive economic zone: 200 NM (applies only to the Atlantic Ocean)


territorial sea: 12 NM
Merchant marine none total: 140 ships (1,000 GRT or over) 1,585,563 GRT/2,022,104 DWT


ships by type: bulk 9, cargo 31, chemical tanker 10, container 13, liquefied gas 5, livestock carrier 1, passenger 1, petroleum tanker 22, refrigerated cargo 5, roll on/roll off 33, short-sea passenger 6, vehicle carrier 4


note: includes some foreign-owned ships registered here as a flag of convenience: Croatia 1, Cuba 2, Denmark 1, Germany 7, Italy 1, Netherlands 1, Norway 6, Uruguay 3 (2002 est.)
Military - note defense is the responsibility of France -
Military branches - Army, Navy, Air Force, Marines, Civil Guard, National Police, Coastal Civil Guard
Military expenditures - dollar figure - $8.6 billion (2002)
Military expenditures - percent of GDP - 1.15% (2002)
Military manpower - availability - males age 15-49: 10,524,715 (2003 est.)
Military manpower - fit for military service - males age 15-49: 8,391,612 (2003 est.)
Military manpower - military age - 20 years of age (2003 est.)
Military manpower - reaching military age annually - males: 255,826 (2003 est.)
National holiday National Day (Prince of Monaco Holiday), 19 November Hispanic Day, 12 October
Nationality noun: Monegasque(s) or Monacan(s)


adjective: Monegasque or Monacan
noun: Spaniard(s)


adjective: Spanish
Natural hazards NA periodic droughts
Natural resources none coal, lignite, iron ore, uranium, mercury, pyrites, fluorspar, gypsum, zinc, lead, tungsten, copper, kaolin, potash, hydropower, arable land
Net migration rate 7.75 migrant(s)/1,000 population (2004 est.) 0.99 migrant(s)/1,000 population (2003 est.)
Pipelines - gas 7,290 km; oil 730 km; refined products 3,110 km; unknown (oil/water) 397 km (2003)
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] Basque Nationalist Party or PNV [Xabier ARZALLUS Antia]; Canarian Coalition or CC (a coalition of five parties) [Paulino RIVERO]; Convergence and Union or CiU [Jordi PUJOL i Soley, secretary general] (a coalition of the Democratic Convergence of Catalonia or CDC [Jordi PUJOL i Soley] and the Democratic Union of Catalonia or UDC [Josep Antoni DURAN y LLEIDA]); Galician Nationalist Bloc or BNG [Xose Manuel BEIRAS]; Party of Independents from Lanzarote or PIL [Dimas MARTIN Martin]; Popular Party or PP [Mariano RAJOY]; Spanish Socialist Workers Party or PSOE [Jose Luis RODRIGUEZ ZAPATERO]; United Left or IU (a coalition of parties including the PCE and other small parties) [Gaspar LLAMAZARES]
Political pressure groups and leaders NA business and landowning interests; Catholic Church; free labor unions (authorized in April 1977); Socialist General Union of Workers or UGT and the smaller independent Workers Syndical Union or USO; university students; Workers Confederation or CC.OO; Nunca Mais (Galician for "Never Again"; formed in response to the oil tanker Prestige oil spill)
Population 32,270 (July 2004 est.) 40,217,413 (July 2003 est.)
Population below poverty line NA NA%
Population growth rate 0.44% (2004 est.) 0.16% (2003 est.)
Ports and harbors Monaco Aviles, Barcelona, Bilbao, Cadiz, Cartagena, Castellon de la Plana, Ceuta, Huelva, La Coruna, Las Palmas (Canary Islands), Malaga, Melilla, Pasajes, Gijon, Santa Cruz de Tenerife (Canary Islands), Santander, Tarragona, Valencia, Vigo
Radio broadcast stations AM 1, FM NA, shortwave 8 (1998) AM 208, FM 715, shortwave 1 (1998)
Railways - total: 14,189 km


broad gauge: 11,804 km 1.668-m gauge (6,409 km electrified)


standard gauge: 455 km 1.435-m gauge (455 km electrified)


narrow gauge: 1,902 km 1.000-m gauge (781 km electrified); 28 km 0.914-m gauge (28 km electrified) (2002)
Religions Roman Catholic 90% Roman Catholic 94%, other 6%
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: 1.07 male(s)/female


under 15 years: 1.06 male(s)/female


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


65 years and over: 0.72 male(s)/female


total population: 0.96 male(s)/female (2003 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: generally adequate, modern facilities; teledensity is 44 main lines for each 100 persons


domestic: NA


international: 22 coaxial submarine cables; satellite earth stations - 2 Intelsat (1 Atlantic Ocean and 1 Indian Ocean), NA Eutelsat; tropospheric scatter to adjacent countries
Telephones - main lines in use 33,700 (2002) 17.336 million (1999)
Telephones - mobile cellular 19,300 (2002) 8.394 million (1999)
Television broadcast stations 5 (1998) 224 (plus 2,105 repeaters)


note: these figures include 11 television broadcast stations and 88 repeaters in the Canary Islands (1995)
Terrain hilly, rugged, rocky large, flat to dissected plateau surrounded by rugged hills; Pyrenees in north
Total fertility rate 1.76 children born/woman (2004 est.) 1.26 children born/woman (2003 est.)
Unemployment rate 3.1% (1998) 11.3% (2002 est.)
Waterways - 1,045 km (of minor economic importance)
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