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Compare Monaco (2004) - Venezuela (2007)

Compare Monaco (2004) z Venezuela (2007)

 Monaco (2004)Venezuela (2007)
 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 capital district* (distrito capital), 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 2,554; 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: 31.6% (male 4,169,979/female 4,046,170)


15-64 years: 63.4% (male 8,120,661/female 8,369,065)


65 years and over: 5.1% (male 586,863/female 730,790) (2007 est.)
Agriculture - products none corn, sorghum, sugarcane, rice, bananas, vegetables, coffee; beef, pork, milk, eggs; fish
Airports none; linked to the airport at Nice, France by helicopter service (2003) (2003 est.) 390 (2007)
Airports - with paved runways - total: 128


over 3,047 m: 5


2,438 to 3,047 m: 10


1,524 to 2,437 m: 34


914 to 1,523 m: 61


under 914 m: 18 (2007)
Airports - with unpaved runways - total: 262


2,438 to 3,047 m: 1


1,524 to 2,437 m: 15


914 to 1,523 m: 97


under 914 m: 149 (2007)
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 three countries that emerged from the collapse of Gran Colombia in 1830 (the others being Ecuador and New Granada, which became Colombia). 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. Hugo CHAVEZ, president since 1999, has promoted a controversial policy of "democratic socialism," which purports to alleviate social ills while at the same time attacking globalization and undermining regional stability. Current concerns include: a weakening of democratic institutions, political polarization, a politicized military, drug-related violence 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 9.36 births/1,000 population (2004 est.) 21.22 births/1,000 population (2007 est.)
Budget revenues: $518 million


expenditures: $531 million, including capital expenditures of NA (1995)
revenues: $54.65 billion


expenditures: $54.61 billion (2006 est.)
Capital Monaco name: Caracas


geographic coordinates: 10 30 N, 66 56 W


time difference: UTC-4 (1 hour ahead of Washington, DC during Standard Time)
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) -
Death rate 12.74 deaths/1,000 population (2004 est.) 5.08 deaths/1,000 population (2007 est.)
Debt - external NA (2000 est.) $41.4 billion (2006 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 William R. BROWNFIELD


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 Bernardo ALVAREZ Herrera


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, San Juan (Puerto Rico)
Disputes - international none claims all of the area west of the Essequibo River in Guyana, preventing any discussion of a maritime boundary; Guyana has expressed its intention to join Barbados in asserting claims before the United Nations Convention on the Law of the Sea (UNCLOS) that Trinidad and Tobago's maritime boundary with Venezuela extends into their waters; dispute with Colombia over maritime boundary and Venezuelan-administered Los Monjes islands near the Gulf of Venezuela; Colombian-organized illegal narcotics and paramilitary activities penetrate Venezuela's shared border region; in 2006, an estimated 139,000 Colombians sought protection in 150 communities along the border in Venezuela; US, France, and the Netherlands recognize Venezuela's granting full effect to Aves Island, thereby claiming a Venezuelan EEZ/continental shelf extending over a large portion of the eastern Caribbean Sea; Dominica, Saint Kitts and Nevis, Saint Lucia, and Saint Vincent and the Grenadines protest Venezuela's full effect claim
Economic aid - recipient NA $48.66 million (2005)
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. Venezuela remains highly dependent on oil revenues, which account for roughly 90% of export earnings, more than 50% of the federal budget revenues, and around 30% of GDP. Tax collection - Venezuela's primary source of non-oil revenue - is expected to surpass $23 billion in 2006, exceeding the yearend collection goal by more than 20%. A nationwide strike between December 2002 and February 2003 had far-reaching economic consequences - real GDP declined by around 9% in 2002 and 8% in 2003 - but economic output since then has recovered strongly. Fueled by higher oil prices, record government spending helped to boost GDP growth in 2004 and 2005 to approximately 18% and 11%, respectively. Economic growth in 2006 reached about 9%. This spending, combined with recent minimum wage hikes and improved access to domestic credit, has fueled a consumption boom - car sales in 2006 increased by around 70% - but has come at the cost of higher inflation. Despite government attempts to withdraw liquidity from the economy, Venezuela's money supply set a record in June 2006, approximately 70% higher than the previous year. Imports have also jumped significantly.
Electricity - consumption NA kWh 73.36 billion kWh (2005)
Electricity - exports - 0 kWh (2005)
Electricity - imports NA kWh


note: electricity supplied by France
0 kWh (2005)
Electricity - production - 99.2 billion kWh (2005)
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, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Hazardous Wastes, Marine Life Conservation, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Tropical Timber 94, Wetlands


signed but not ratified:: none of the selected agreements
Ethnic groups French 47%, Monegasque 16%, Italian 16%, other 21% Spanish, Italian, Portuguese, Arab, German, African, indigenous people
Exchange rates euros per US dollar - 0.8860 (2003), 1.0626 (2002), 1.1175 (2001), 1.0854 (2000), 0.9386 (1999) bolivares per US dollar - 2,147 (2006), 2,089.8 (2005), 1,891.3 (2004), 1,607 (2003), 1,161 (2002)
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 Jorge RODRIGUEZ Gomez (since 3 January 2007); 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 Jorge RODRIGUEZ Gomez (since 3 January 2007)


cabinet: Council of Ministers appointed by the president


elections: president elected by popular vote for a six-year term (eligible for a second term); election last held 3 December 2006 (next to be held in December 2012)


note: in 1999, a National Constituent Assembly drafted a new constitution that increased the presidential term to six years; an election was subsequently held on 30 July 2000 under the terms of this constitution


election results: Hugo CHAVEZ Frias reelected president; percent of vote - Hugo CHAVEZ Frias 62.9%, Manuel ROSALES 36.9%
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 2.293 million bbl/day (2004 est.)
Exports - commodities - petroleum, bauxite and aluminum, steel, chemicals, agricultural products, basic manufactures
Exports - partners - US 46.3%, Netherlands Antilles 13.5%, China 3.2% (2006)
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 eight white five-pointed stars centered in the blue band
GDP purchasing power parity - $870 million (1999 est.) -
GDP - composition by sector agriculture: NA


industry: NA


services: NA (2001 est.)
agriculture: 3.7%


industry: 40.5%


services: 55.9% (2006 est.)
GDP - per capita purchasing power parity - $27,000 (1999 est.) -
GDP - real growth rate NA (2000 est.) 10.3% (2006 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) (2003 est.) 2 (2007)
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%: 0.7%


highest 10%: 35.2% (2003)
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 NA bbl/day
Imports - commodities - raw materials, machinery and equipment, transport equipment, construction materials
Imports - partners - US 30.6%, Colombia 10.2%, Brazil 10.1%, Mexico 5.9%, China 4.9%, Panama 4.8% (2006)
Independence 1419 (beginning of the rule by the House of Grimaldi) 5 July 1811 (from Spain)
Industrial production growth rate NA 7% (2006 est.)
Industries tourism, construction, small-scale industrial and consumer products petroleum, construction materials, food processing, textiles; iron ore mining, steel, aluminum; motor vehicle assembly
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: 22.52 deaths/1,000 live births


male: 26.14 deaths/1,000 live births


female: 18.72 deaths/1,000 live births (2007 est.)
Inflation rate (consumer prices) NA (2000) 13.7% (2006 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 CAN, Caricom (observer), CDB, CSN, FAO, G-3, G-15, G-24, G-77, IADB, IAEA, IBRD, ICAO, ICC, ICCt, ICRM, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, ITUC, LAES, LAIA, Mercosur, MIGA, NAM, OAS, OPANAL, OPCW, OPEC, PCA, RG, UN, UNCTAD, UNESCO, UNHCR, UNIDO, Union Latina, UNWTO, UPU, WCL, WCO, WFTU, WHO, WIPO, WMO, WTO
Irrigated land NA sq km 5,750 sq km (2003)
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) 12.19 million (2006 est.)
Labor force - by occupation - agriculture: 13%


industry: 23%


services: 64% (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) (2001)
arable land: 2.85%


permanent crops: 0.88%


other: 96.27% (2005)
Languages French (official), English, Italian, Monegasque Spanish (official), numerous indigenous dialects
Legal system based on French law; has not accepted compulsory ICJ jurisdiction open, adversarial court system
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 (167 seats; members elected by popular vote to serve five-year terms; three seats reserved for the indigenous peoples of Venezuela)


elections: last held 4 December 2005 (next to be held in 2010)


election results: percent of vote by party - NA; seats by party - pro-government 167 (MVR 114, PODEMOS 15, PPT 11, indigenous 2, other 25), opposition 0
Life expectancy at birth total population: 79.42 years


male: 75.53 years


female: 83.5 years (2004 est.)
total population: 73.28 years


male: 70.24 years


female: 76.48 years (2007 est.)
Literacy definition: NA


total population: 99%


male: NA


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


total population: 93%


male: 93.3%


female: 92.7% (2001 census)
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 territorial sea: 12 nm


contiguous zone: 15 nm


exclusive economic zone: 200 nm


continental shelf: 200-m depth or to the depth of exploitation
Merchant marine none total: 59 ships (1000 GRT or over) 808,721 GRT/1,285,783 DWT


by type: bulk carrier 7, cargo 14, chemical tanker 3, container 1, liquefied gas 6, passenger/cargo 10, petroleum tanker 17, refrigerated cargo 1


foreign-owned: 12 (Denmark 3, Greece 3, Mexico 3, Panama 1, Russia 1, Spain 1)


registered in other countries: 11 (Bahamas 1, Panama 10) (2007)
Military - note defense is the responsibility of France -
Military branches - National Armed Forces (Fuerzas Armadas Nacionales or FAN): Ground Forces or Army (Fuerzas Terrestres or Ejercito), Naval Forces (Fuerzas Navales or Armada; includes Marines, Coast Guard), Air Force (Fuerzas Aereas or Aviacion), Armed Forces of Cooperation or National Guard (Fuerzas Armadas de Cooperacion or Guardia Nacional)
Military expenditures - percent of GDP - 1.2% (2005 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 7.75 migrant(s)/1,000 population (2004 est.) -1.28 migrant(s)/1,000 population (2007 est.)
Pipelines - extra heavy crude oil 992 km; gas 5,369 km; oil 7,607 km; refined products 1,681 km; unknown (oil/water) 141 km (2006)
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] A New Time or UNT [Manuel ROSALES]; Christian Democrats or COPEI [Cesar PEREZ Vivas]; Democratic Action or AD [Henry RAMOS Allup]; Fatherland for All or PPT [Jose ALBORNOZ]; Fifth Republic Movement or MVR [Hugo CHAVEZ]; Justice First [Julio BORGES]; Movement Toward Socialism or MAS [Hector MUJICA]; Venezuela Project or PV [Henrique SALAS Romer]; We Can or PODEMOS [Ismael GARCIA]
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 32,270 (July 2004 est.) 26,023,528 (July 2007 est.)
Population below poverty line NA 37.9% (end 2005 est.)
Population growth rate 0.44% (2004 est.) 1.486% (2007 est.)
Ports and harbors Monaco -
Radio broadcast stations AM 1, FM NA, shortwave 8 (1998) AM 201, FM NA (20 in Caracas), shortwave 11 (1998)
Railways - total: 682 km


standard gauge: 682 km 1.435-m gauge (2006)
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 (2004 est.)
at birth: 1.05 male(s)/female


under 15 years: 1.031 male(s)/female


15-64 years: 0.97 male(s)/female


65 years and over: 0.803 male(s)/female


total population: 0.98 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: 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: country code - 58; 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 33,700 (2002) 4.217 million (2006)
Telephones - mobile cellular 19,300 (2002) 18.79 million (2006)
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 (2004 est.) 2.55 children born/woman (2007 est.)
Unemployment rate 3.1% (1998) 8.9% (2006 est.)
Waterways - 7,100 km


note: Orinoco River (400 km) and Lake de Maracaibo navigable by oceangoing vessels (2005)
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