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Compare Monaco (2005) - Bermuda (2004)
Compare Monaco (2005) z Bermuda (2004)
| Monaco (2005) | Bermuda (2004) | |
 |  | |
| 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 George's, Sandys, Smith's, 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: 19.1% (male 6,192; female 6,186)
15-64 years: 69.3% (male 22,268; female 22,703) 65 years and over: 11.7% (male 3,295; female 4,291) (2004 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 (2003 est.) |
| Airports - with paved runways | - | total: 1
2,438 to 3,047 m: 1 (2004 est.) |
| Area | total: 1.95 sq km
land: 1.95 sq km water: 0 sq km |
total: 53.3 sq km
land: 53.3 sq km water: 0 sq km |
| Area - comparative | about three times the size of The Mall in Washington, DC | about one-third 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. Tourism continues to be important to the island's economy, although international business has overtaken it in recent years. 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.) | 11.83 births/1,000 population (2004 est.) |
| Budget | revenues: $518 million
expenditures: $531 million, including capital expenditures of NA (1995) |
revenues: $671.1 million
expenditures: $594.6 million, including capital expenditures of $55 million (FY03/04) |
| 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 and 2003 |
| 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.) | 7.55 deaths/1,000 population (2004 est.) |
| Debt - external | $18 billion (2000 est.) | $160 million (FY99/00) |
| 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: Deputy Chief of Mission Antoinette BOECKER
consulate(s) general: Crown Hill, 16 Middle Road, Devonshire DVO3 mailing address: P. O. Box HM325, Hamilton HMBX; American Consulate General Hamilton, Department of State, 5300 Hamilton Place, Washington, DC 20520-5300 telephone: [1] (441) 295-1342 FAX: [1] (441) 295-1592, [1] (441) 296-9233 |
| 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 | 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. | Bermuda enjoys one of the highest per capita incomes in the world, equal to that of the US. Its economy is primarily based on providing financial services for international business and luxury facilities for tourists. The effects of 11 September 2001 have had both positive and negative ramifications for Bermuda. On the positive side, a number of new reinsurance companies have located on the island, contributing to the expansion of an already robust international business sector. On the negative side, Bermuda's tourism industry - which derives over 80% of its visitors from the US - was severely hit as American tourists chose not to travel. Tourism rebounded somewhat in 2002-03. Most capital equipment and food must be imported. Bermuda's industrial sector is small, although construction continues to be important; the average cost of a house in June 2003 had risen to $976,000. Agriculture is limited, only 6% of the land being arable. |
| Electricity - consumption | NA kWh | 598.6 million kWh (2001) |
| Electricity - exports | - | 0 kWh (2001) |
| Electricity - imports | NA kWh
note: electricity supplied by France |
0 kWh (2001) |
| Electricity - production | - | 643.7 million kWh (2001) |
| 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; sustainable development |
| 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 Sir John VEREKER (since NA April 2002)
head of government: Premier Alex SCOTT (since 24 July 2003); Deputy Premier Ewart BROWN cabinet: Cabinet nominated by the premier, appointed by the governor elections: none; the monarch is hereditary; governor appointed by the monarch; following legislative elections, the leader of the majority party or the leader of the majority coalition is usually appointed premier by the governor |
| 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 (2001) |
| Exports - commodities | - | reexports of pharmaceuticals |
| Exports - partners | - | France 62%, Norway 13.8%, UK 7.5% (2003) |
| 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 - $2.33 billion (2003 est.) |
| GDP - composition by sector | agriculture: 17%
industry: NA% services: NA% (2001 est.) |
agriculture: 1%
industry: 10% services: 89% (2002 est.) |
| GDP - per capita | purchasing power parity - $27,000 (2000 est.) | purchasing power parity - $36,000 (2003 est.) |
| GDP - real growth rate | 0.9% (2000 est.) | 2% (2003 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 138 coral islands and islets with ample rainfall, but no rivers or freshwater lakes; some land 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: 450 km
paved: 450 km unpaved: 0 km note: public roads - 209 km; private roads - 241 km (2002) |
| 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 | NA (2001) |
| Imports - commodities | - | machinery and transport equipment, construction materials, chemicals, food and live animals |
| Imports - partners | - | Kazakhstan 46.7%, France 32.5%, US 8.5% (2003) |
| 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, international business, light manufacturing |
| 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.) |
total: 8.79 deaths/1,000 live births
male: 10.45 deaths/1,000 live births female: 7.1 deaths/1,000 live births (2004 est.) |
| Inflation rate (consumer prices) | 1.9% (2000) | 3.3% (mid-2003 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 (associate), ICFTU, Interpol (subbureau), IOC, UPU, WCO, Egmont Group, Caribbean Financial Action Task Force |
| 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) | 37,470 (2000) |
| Labor force - by occupation | - | agriculture and fishing 3%, laborers 17%, clerical 22%, professional and technical 17%, administrative and managerial 13%, sales 8%, services 20% (2000 est.) |
| 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: 20%
permanent crops: 0% other: 80% (55% developed, 45% rural/open space) (2001) |
| 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, the premier, and the opposition) and the House of Assembly (36 seats; members are elected by popular vote to serve up to five-year terms)
elections: last general election held 24 July 2003 (next to be held NA July 2008) election results: percent of vote by party - PLP 51.7%, UBP 48%; seats by party - PLP 22, UBP 14 |
| Life expectancy at birth | total population: 79.57 years
male: 75.7 years female: 83.63 years (2005 est.) |
total population: 77.6 years
male: 75.54 years female: 79.7 years (2004 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 South Carolina (US) |
| Map references | Europe | North America |
| Maritime claims | territorial sea: 12 nm | territorial sea: 12 nm
exclusive fishing zone: 200 nm |
| Merchant marine | registered in other countries: 54 (2005) | total: 94 ships (1,000 GRT or over) 4,845,326 GRT/6,501,782 DWT
by type: bulk 25, cargo 4, container 17, liquefied gas 9, passenger 6, petroleum tanker 9, refrigerated cargo 11, roll on/roll off 10, short-sea/passenger 3 foreign-owned: Croatia 5, Germany 2, Greece 21, Hong Kong 9, Indonesia 1, Sweden 6, Switzerland 1, United Kingdom 33, United States 12 registered in other countries: 2 (2004 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 |
| Military expenditures - dollar figure | - | $4.03 million (2001) |
| Military expenditures - percent of GDP | - | 0.11% (FY00/01) |
| 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.) | 2.49 migrant(s)/1,000 population (2004 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] | Gombey Liberation Party or GLP [Gavin Sundjata SMITH]; National Liberal Party or NLP [Dessaline WALDRON]; Progressive Labor Party or PLP [William Alexander SCOTT]; United Bermuda Party or UBP [Grant GIBBONS]; |
| Political pressure groups and leaders | NA | Bermuda Employer's Union [Eddie SAINTS]; Bermuda Industrial Union or BIU [Derrick BURGESS]; Bermuda Public Services Union or BPSU [Ed BALL]; Bermuda Union of Teachers [Michael CHARLES] |
| Population | 32,409 (July 2005 est.) | 64,935 (July 2004 est.) |
| Population below poverty line | NA% | 19% (2000) |
| Population growth rate | 0.43% (2005 est.) | 0.68% (2004 est.) |
| Ports and harbors | Monaco | Hamilton, Saint George's, Dockyard |
| Radio broadcast stations | AM 1, FM NA, shortwave 8 (1998) | AM 5, FM 3, shortwave 0 (1998) |
| 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: 1.02 male(s)/female
under 15 years: 1 male(s)/female 15-64 years: 0.98 male(s)/female 65 years and over: 0.77 male(s)/female total population: 0.96 male(s)/female (2004 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: good
domestic: modern, fully automatic telephone system international: country code - 1-441; 3 submarine cables; satellite earth stations - 3 Intelsat (Atlantic Ocean) |
| Telephones - main lines in use | 33,700 (2002) | 56,000 (2002) |
| Telephones - mobile cellular | 19,300 (2002) | 37,873 (2003) |
| Television broadcast stations | 5 (1998) | 4 (2003) |
| Terrain | hilly, rugged, rocky | low hills separated by fertile depressions |
| Total fertility rate | 1.76 children born/woman (2005 est.) | 1.9 children born/woman (2004 est.) |
| Unemployment rate | 22% (1999) | 5% (2002 est.) |
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