Monaco (2005) | Bermuda (2001) | |
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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 parishes and 2 municipalities*; Devonshire, Hamilton, Hamilton*, Paget, Pembroke, Saint George*, Saint Georges, Sandys, Smiths, Southampton, Warwick |
Age structure | 0-14 years: 15.5% (male 2,563/female 2,445)
15-64 years: 62.1% (male 9,909/female 10,217) 65 years and over: 22.4% (male 2,972/female 4,303) (2005 est.) |
0-14 years:
19.4% (male 6,091; female 6,230) 15-64 years: 69.43% (male 21,783; female 22,309) 65 years and over: 11.17% (male 3,073; female 4,017) (2001 est.) |
Agriculture - products | none | bananas, vegetables, citrus, flowers; dairy products |
Airports | none; linked to the airport at Nice, France by helicopter service (2004 est.) | 1 (2000 est.) |
Airports - with paved runways | - | total:
1 2,438 to 3,047 m: 1 (2000 est.) |
Area | total: 1.95 sq km
land: 1.95 sq km water: 0 sq km |
total:
58.8 sq km land: 58.8 sq km water: 0 sq km |
Area - comparative | about three times the size of The Mall in Washington, DC | about 0.3 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. | Bermuda was first settled in 1609 by shipwrecked English colonists headed for Virginia. Tourism to the island to escape North American winters first developed in Victorian times. Bermuda has developed into a highly successful offshore financial center. A referendum on independence was soundly defeated in 1995. |
Birth rate | 9.26 births/1,000 population (2005 est.) | 12.16 births/1,000 population (2001 est.) |
Budget | revenues: $518 million
expenditures: $531 million, including capital expenditures of NA (1995) |
revenues:
$504.6 million expenditures: $537 million, including capital expenditures of $75 million (FY97/98) |
Capital | Monaco | Hamilton |
Climate | Mediterranean with mild, wet winters and hot, dry summers | subtropical; mild, humid; gales, strong winds common in winter |
Coastline | 4.1 km | 103 km |
Constitution | 17 December 1962 | 8 June 1968, amended 1989 |
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: Bermuda former: Somers Islands |
Currency | - | Bermudian dollar (BMD) |
Death rate | 12.71 deaths/1,000 population (2005 est.) | 7.42 deaths/1,000 population (2001 est.) |
Debt - external | $18 billion (2000 est.) | $NA |
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 | chief of mission:
Consul General Lawrence D. OWEN consulate(s) general: Crown Hill, 16 Middle Road, Devonshire, Hamilton mailing address: P. O. Box HM325, Hamilton HMBX; American Consulate General Hamilton, Department of State, Washington, DC 20520-5300 telephone: [1] (441) 295-1342 FAX: [1] (441) 295-1592 |
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 | $27.9 million (1995) |
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. | Bermuda enjoys one of the highest per capita incomes in the world, having successfully exploited its location by providing financial services for international firms and luxury tourist facilities for 360,000 visitors annually. The tourist industry, which accounts for an estimated 28% of GDP, attracts 84% of its business from North America. The industrial sector is small, and agriculture is severely limited by a lack of suitable land. About 80% of food needs are imported. International business contributes over 60% of Bermuda's economic output; a failed independence vote in late 1995 can be partially attributed to Bermudian fears of scaring away foreign firms. Government economic priorities are the further strengthening of the tourist and international financial sectors. |
Electricity - consumption | NA kWh | 511.5 million kWh (1999) |
Electricity - exports | - | 0 kWh (1999) |
Electricity - imports | NA kWh
note: electricity supplied by France |
0 kWh (1999) |
Electricity - production | - | 550 million kWh (1999) |
Electricity - production by source | - | fossil fuel:
100% hydro: 0% nuclear: 0% other: 0% (1999) |
Elevation extremes | lowest point: Mediterranean Sea 0 m
highest point: Mont Agel 140 m |
lowest point:
Atlantic Ocean 0 m highest point: Town Hill 76 m |
Environment - current issues | NA | asbestos disposal; water pollution; preservation of open space |
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% | black 58%, white 36%, other 6% |
Exchange rates | euros per US dollar - 0.8054 (2004), 0.886 (2003), 1.0626 (2002), 1.1175 (2001), 1.0854 (2000) | Bermudian dollar per US dollar - 1.0000 (fixed rate pegged to the US dollar) |
Executive branch | chief of state: Prince ALBERT II (since 6 April 2005)
head of government: Minister of State Jean-Paul PROUST (since 1 June 2005) 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 Thorold MASEFIELD (since NA June 1997) head of government: Premier Jennifer SMITH (since 10 November 1998) cabinet: Cabinet nominated by the premier, appointed by the governor elections: none; the monarch is hereditary; governor appointed by the monarch; governor invites leader of largest party in Parliament to form a government as premier |
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 | $56 million (2000 est.) |
Exports - commodities | - | reexports of pharmaceuticals |
Exports - partners | - | UK 29.5%, US 9.8% (1997) |
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 | red, with the flag of the UK in the upper hoist-side quadrant and the Bermudian coat of arms (white and green shield with a red lion holding a scrolled shield showing the sinking of the ship Sea Venture off Bermuda in 1609) centered on the outer half of the flag |
GDP | - | purchasing power parity - $2.1 billion (2000 est.) |
GDP - composition by sector | agriculture: 17%
industry: NA% services: NA% (2001 est.) |
agriculture:
1% industry: 10% services: 89% (1995 est.) |
GDP - per capita | purchasing power parity - $27,000 (2000 est.) | purchasing power parity - $33,000 (2000 est.) |
GDP - real growth rate | 0.9% (2000 est.) | 1.5% (2000 est.) |
Geographic coordinates | 43 44 N, 7 24 E | 32 20 N, 64 45 W |
Geography - note | second-smallest independent state in the world (after Holy See); almost entirely urban | consists of about 360 small coral islands with ample rainfall, but no rivers or freshwater lakes; some land, reclaimed and otherwise, was leased by US Government from 1941 to 1995 |
Heliports | 1 (shuttle service between the international airport at Nice, France, and Monaco's heliport at Fontvieille) (2004 est.) | - |
Highways | total: 50 km
paved: 50 km unpaved: 0 km (1999 est.) |
total:
225 km paved: 225 km unpaved: 0 km note: in addition, there are 232 km of paved and unpaved roads that are privately owned (1997) |
Household income or consumption by percentage share | lowest 10%: NA%
highest 10%: NA% |
lowest 10%:
NA% highest 10%: NA% |
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 | $739 million (2000 est.) |
Imports - commodities | - | machinery and transport equipment, construction materials, chemicals, food and live animals |
Imports - partners | - | US 34%, UK 9%, Mexico 8% (1997) |
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, finance, insurance, structural concrete products, paints, perfumes, pharmaceuticals, ship repairing |
Infant mortality rate | total: 5.43 deaths/1,000 live births
male: 6.29 deaths/1,000 live births female: 4.53 deaths/1,000 live births (2005 est.) |
9.55 deaths/1,000 live births (2001 est.) |
Inflation rate (consumer prices) | 1.9% (2000) | 2.7% (2000 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 | Caricom (observer), CCC, ICFTU, Interpol (subbureau), IOC |
Internet Service Providers (ISPs) | - | 20 (2000) |
Irrigated land | NA sq km | NA sq km |
Judicial branch | Supreme Court or Tribunal Supreme (judges appointed by the monarch on the basis of nominations by the National Council) | Supreme Court; Court of Appeal; Magistrate Courts |
Labor force | 30,540 (January 1994) | 35,296 (1997) |
Labor force - by occupation | - | clerical 23%, services 22%, laborers 17%, professional and technical 17%, administrative and managerial 12%, sales 7%, agriculture and fishing 2% (1996) |
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:
6% permanent crops: 0% permanent pastures: 0% forests and woodland: 0% other: 94% (55% developed, 39% rural/open space) (1997 est.) |
Languages | French (official), English, Italian, Monegasque | English (official), Portuguese |
Legal system | based on French law; has not accepted compulsory ICJ jurisdiction | English law |
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 February 2008) election results: percent of vote by party - NA%; seats by party - UNAM 21, UND 3 |
bicameral Parliament consists of the Senate (an 11-member body appointed by the governor) and the House of Assembly (40 seats; members are elected by popular vote to serve five-year terms)
elections: last held 9 November 1998 (next to be held NA November 2003) election results: percent of vote by party - PLP 54%, UBP 44%, NLP 1%, independents 1%; seats by party - PLP 26, UBP 14 |
Life expectancy at birth | total population: 79.57 years
male: 75.7 years female: 83.63 years (2005 est.) |
total population:
77.12 years male: 75.04 years female: 79.06 years (2001 est.) |
Literacy | definition: NA
total population: 99% male: NA% female: NA% |
definition:
age 15 and over can read and write total population: 98% male: 98% female: 99% (1970 est.) |
Location | Western Europe, bordering the Mediterranean Sea on the southern coast of France, near the border with Italy | North America, group of islands in the North Atlantic Ocean, east of North Carolina (US) |
Map references | Europe | North America |
Maritime claims | territorial sea: 12 nm | exclusive fishing zone:
200 NM territorial sea: 12 NM |
Merchant marine | registered in other countries: 54 (2005) | total:
105 ships (1,000 GRT or over) totaling 5,836,538 GRT/9,728,045 DWT ships by type: bulk 27, cargo 4, container 15, liquefied gas 7, passenger 2, petroleum tanker 23, refrigerated cargo 16, roll on/roll off 8, short-sea passenger 3 note: includes some foreign-owned ships registered here as a flag of convenience: Canada 10, Hong Kong 10, Japan 1, Nigeria 4, Saudi Arabia 1, Sweden 3, Switzerland 2, UK 10, US 7 (2000 est.) |
Military - note | defense is the responsibility of France; the Palace Guard performs ceremonial duties (2003) | defense is the responsibility of the UK |
Military branches | - | Bermuda Regiment, Bermuda Police Force, Bermuda Reserve Constabulary |
Military expenditures - dollar figure | - | $NA |
Military expenditures - percent of GDP | - | NA% |
National holiday | National Day (Prince of Monaco Holiday), 19 November | Bermuda Day, 24 May |
Nationality | noun: Monegasque(s) or Monacan(s)
adjective: Monegasque or Monacan |
noun:
Bermudian(s) adjective: Bermudian |
Natural hazards | NA | hurricanes (June to November) |
Natural resources | none | limestone, pleasant climate fostering tourism |
Net migration rate | 7.71 migrant(s)/1,000 population (2005 est.) | 2.66 migrant(s)/1,000 population (2001 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] | National Liberal Party or NLP [Dessaline WALDRON]; Progressive Labor Party or PLP [Jennifer SMITH]; United Bermuda Party or UBP [Pamela GORDON] |
Political pressure groups and leaders | NA | Bermuda Industrial Union or BIU [Derrick BURGESS]; Bermuda Public Services Association or BPSA [Betty CHRISTOPHER] |
Population | 32,409 (July 2005 est.) | 63,503 (July 2001 est.) |
Population below poverty line | NA% | NA% |
Population growth rate | 0.43% (2005 est.) | 0.74% (2001 est.) |
Ports and harbors | Monaco | Hamilton, Saint George |
Radio broadcast stations | AM 1, FM NA, shortwave 8 (1998) | AM 5, FM 3, shortwave 0 (1998) |
Radios | - | 82,000 (1997) |
Railways | - | 0 km |
Religions | Roman Catholic 90% | non-Anglican Protestant 39%, Anglican 27%, Roman Catholic 15%, other 19% |
Sex ratio | at birth: 1.05 male(s)/female
under 15 years: 1.05 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 (2005 est.) |
at birth:
0.94 male(s)/female under 15 years: 0.98 male(s)/female 15-64 years: 0.98 male(s)/female 65 years and over: 0.76 male(s)/female total population: 0.95 male(s)/female (2001 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:
NA domestic: modern, fully automatic telephone system international: 3 submarine cables; satellite earth stations - 3 Intelsat (Atlantic Ocean) |
Telephones - main lines in use | 33,700 (2002) | 52,000 (1997) |
Telephones - mobile cellular | 19,300 (2002) | 7,980 (1996) |
Television broadcast stations | 5 (1998) | 3 (1997) |
Terrain | hilly, rugged, rocky | low hills separated by fertile depressions |
Total fertility rate | 1.76 children born/woman (2005 est.) | 1.81 children born/woman (2001 est.) |
Unemployment rate | 22% (1999) | NEGL% (1995) |
Waterways | - | none |