Monaco (2006) | Korea, South (2002) | |
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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 provinces (do, singular and plural) and 7 metropolitan cities* (gwangyoksi, singular and plural); Cheju-do, Cholla-bukto, Cholla-namdo, Ch'ungch'ong-bukto, Ch'ungch'ong-namdo, Inch'on-gwangyoksi*, Kangwon-do, Kwangju-gwangyoksi*, Kyonggi-do, Kyongsang-bukto, Kyongsang-namdo, Pusan-gwangyoksi*, Soul-t'ukpyolsi*, Taegu-gwangyoksi*, Taejon-gwangyoksi*, Ulsan-gwangyoksi* |
Age structure | 0-14 years: 15.2% (male 2,539/female 2,417)
15-64 years: 62.1% (male 9,959/female 10,266) 65 years and over: 22.6% (male 3,015/female 4,347) (2006 est.) |
0-14 years: 21.4% (male 5,488,808; female 4,875,379)
15-64 years: 71% (male 17,404,645; female 16,894,361) 65 years and over: 7.6% (male 1,434,873; female 2,225,934) (2002 est.) |
Agriculture - products | none | rice, root crops, barley, vegetables, fruit; cattle, pigs, chickens, milk, eggs; fish |
Airports | - | 102 (2001) |
Airports - with paved runways | - | total: 69
over 3,047 m: 3 2,438 to 3,047 m: 18 1,524 to 2,437 m: 16 914 to 1,523 m: 11 under 914 m: 21 (2002) |
Airports - with unpaved runways | - | total: 33
914 to 1,523 m: 2 under 914 m: 31 (2002) |
Area | total: 1.95 sq km
land: 1.95 sq km water: 0 sq km |
total: 98,480 sq km
land: 98,190 sq km water: 290 sq km |
Area - comparative | about three times the size of The Mall in Washington, DC | slightly larger than Indiana |
Background | The Genoese built a fortress on the site of present-day Monaco in 1215. The current ruling Grimaldi family secured control in the late 13th century, and a principality was established in 1338. 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. | After World War II, a republic was set up in the southern half of the Korean Peninsula while a Communist-style government was installed in the north. The Korean War (1950-53) had US and other UN forces intervene to defend South Korea from North Korean attacks supported by the Chinese. An armistice was signed in 1953 splitting the peninsula along a demilitarized zone at about the 38th parallel. Thereafter, South Korea achieved rapid economic growth, with per capita income rising to roughly 20 times the level of North Korea. South Korea has maintained its commitment to democratize its political processes. In June 2000, a historic first north-south summit took place between the south's President KIM Dae-jung and the north's leader KIM Chong-il. |
Birth rate | 9.19 births/1,000 population (2006 est.) | 14.55 births/1,000 population (2002 est.) |
Budget | revenues: $719.2 million
expenditures: $864.1 million; including capital expenditures of $283.1 million (2004) |
revenues: $118.1 billion
expenditures: $95.7 billion, including capital expenditures of $22.6 billion (2000) |
Capital | name: Monaco
geographic coordinates: 43 44 N, 7 25 E time difference: UTC+1 (6 hours ahead of Washington, DC during Standard Time) daylight saving time: +1hr, begins last Sunday in March; ends last Sunday in October |
Seoul |
Climate | Mediterranean with mild, wet winters and hot, dry summers | temperate, with rainfall heavier in summer than winter |
Coastline | 4.1 km | 2,413 km |
Constitution | 17 December 1962 | 25 February 1948 |
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: Republic of Korea
conventional short form: South Korea local long form: Taehan-min'guk local short form: none note: the South Koreans generally use the term "Han'guk" to refer to their country abbreviation: ROK |
Currency | - | South Korean won (KRW) |
Death rate | 12.91 deaths/1,000 population (2006 est.) | 6.02 deaths/1,000 population (2002 est.) |
Debt - external | $18 billion (2000 est.) | $128.2 billion (2001) |
Diplomatic representation from the US | the US does not have an embassy in Monaco; the US Consul General in Marseille (France) under the authority of the US ambassador to France is accredited to Monaco | chief of mission: Ambassador Thomas C. HUBBARD
embassy: 82 Sejong-ro, Chongro-ku, Seoul 110-710 mailing address: American Embassy, Unit 15550, APO AP 96205-0001 telephone: [82] (2) 397-4114 FAX: [82] (2) 738-8845 |
Diplomatic representation in the US | Monaco does not have an embassy in the US
consulate(s) general: New York |
chief of mission: Ambassador YANG Song-chol
chancery: 2450 Massachusetts Avenue NW, Washington, DC 20008 telephone: [1] (202) 939-5600 FAX: [1] (202) 387-0205 consulate(s) general: Anchorage, Atlanta, Boston, Chicago, Honolulu, Houston, Los Angeles, New York, San Francisco, and Seattle consulate(s): Tamuning (Guam) |
Disputes - international | none | Demarcation Line with North Korea; Liancourt Rocks/Take-shima/Tok-do disputed with Japan |
Economic aid - donor | - | ODA $200 million (2000) |
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. | As one of the Four Tigers of East Asia, South Korea has achieved an incredible record of growth and integration into the high-tech modern world economy. Three decades ago GDP per capita was comparable with levels in the poorer countries of Africa and Asia. Today its GDP per capita is roughly 20 times North Korea's and equal to the lesser economies of the European Union. This success through the late 1980s was achieved by a system of close government/business ties, including directed credit, import restrictions, sponsorship of specific industries, and a strong labor effort. The government promoted the import of raw materials and technology at the expense of consumer goods and encouraged savings and investment over consumption. The Asian financial crisis of 1997-99 exposed longstanding weaknesses in South Korea's development model, including high debt/equity ratios, massive foreign borrowing, and an undisciplined financial sector. Growth plunged by 6.6% in 1998, then strongly recovered to 10.8% in 1999 and 9.2% in 2000. Growth fell back to 3.3% in 2001 because of the slowing global economy, falling exports, and the perception that much-needed corporate and financial reforms have stalled. Led by industry and construction, growth in 2002 was an impressive 5.8%, despited anemic global growth. |
Electricity - consumption | NA kWh | 254.08 billion kWh (2000) |
Electricity - exports | - | 0 kWh (2000) |
Electricity - imports | NA kWh; note - electricity supplied by France | 0 kWh (2000) |
Electricity - production | - | 273.2 billion kWh (2000) |
Electricity - production by source | - | fossil fuel: 61%
hydro: 1% nuclear: 38% other: 0% (2000) |
Elevation extremes | lowest point: Mediterranean Sea 0 m
highest point: Mont Agel 140 m |
lowest point: Sea of Japan 0 m
highest point: Halla-san 1,950 m |
Environment - current issues | NA | air pollution in large cities; acid rain; water pollution from the discharge of sewage and industrial effluents; drift net fishing |
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-Environmental Protocol, Antarctic-Marine Living Resources, Antarctic Treaty, Biodiversity, Climate Change, Desertification, Endangered Species, Environmental Modification, Hazardous Wastes, Law of the Sea, Marine Dumping, Nuclear Test Ban, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Tropical Timber 94, Wetlands, Whaling
signed, but not ratified: Climate Change-Kyoto Protocol |
Ethnic groups | French 47%, Monegasque 16%, Italian 16%, other 21% | homogeneous (except for about 20,000 Chinese) |
Exchange rates | euros per US dollar - 0.8041 (2005), 0.8054 (2004), 0.886 (2003), 1.0626 (2002), 1.1175 (2001) | South Korean won per US dollar - 1,317.01 (January 2002), 1,290.99 (2001), 1,130.96 (2000), 1,188.82 (1999), 1,401.44 (1998), 951.29 (1997) |
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: President ROH Muh-hyun (since 25 February 2003)
head of government: Prime Minister KO Kun (since 27 February 2003); Deputy Prime Minister KIM Chin-p'yo (since 27 February 2003) cabinet: State Council appointed by the president on the prime minister's recommendation elections: president elected by popular vote for a single five-year term; election last held 19 December 2002 (next to be held NA December 2007); prime minister appointed by the president; deputy prime ministers appointed by the president on the prime minister's recommendation election results: results of the 19 December 2002 election - ROH Muh-hyun elected president, took office 25 February 2003; percent of vote - ROH Muh-hyun (MDP) 48.9%; YI Hoe-chang (GNP) 46.6%; other 4.5% |
Exports | $656.5 million $NA
note: full customs integration with France, which collects and rebates Monegasque trade duties; also participates in EU market system through customs union with France |
$159.2 billion f.o.b. (2002 est.) |
Exports - commodities | - | electronic products, machinery and equipment, motor vehicles, steel, ships; textiles, clothing, footwear; fish |
Exports - partners | - | US 20.7%, China 12.1%, Japan 11.0%, Hong Kong 6.3%, Taiwan 3.9% (2001) |
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 | white with a red (top) and blue yin-yang symbol in the center; there is a different black trigram from the ancient I Ching (Book of Changes) in each corner of the white field |
GDP | - | purchasing power parity - $931 billion (2002 est.) |
GDP - composition by sector | agriculture: 17%
industry: NA% services: NA% |
agriculture: 4%
industry: 42% services: 54% (2002 est.) |
GDP - per capita | - | purchasing power parity - $19,400 (2002 est.) |
GDP - real growth rate | 0.9% (2000 est.) | 5.8% (2002 est.) |
Geographic coordinates | 43 44 N, 7 24 E | 37 00 N, 127 30 E |
Geography - note | second-smallest independent state in the world (after Holy See); almost entirely urban | strategic location on Korea Strait |
Heliports | 1 (2006) | 204 (2002) |
Highways | - | total: 87,534 km
paved: 65,388 km (including 1,996 km of expressways) unpaved: 22,146 km (1999) |
Household income or consumption by percentage share | lowest 10%: NA%
highest 10%: NA% |
lowest 10%: 3%
highest 10%: 25% (1998 est.) |
Imports | $636.6 million $NA
note: full customs integration with France, which collects and rebates Monegasque trade duties; also participates in EU market system through customs union with France |
$146.6 billion f.o.b. (2002 est.) |
Imports - commodities | - | machinery, electronics and electronic equipment, oil, steel, transport equipment, textiles, organic chemicals, grains |
Imports - partners | - | Japan 18.9%, US 15.9%, China 9.4%, Saudi Arabia 5.7%, Australia 3.9% (2001) |
Independence | 1419 (beginning of the rule by the House of Grimaldi) | 15 August 1945 (from Japan) |
Industrial production growth rate | NA% | 6.5% (2002 est.) |
Industries | tourism, construction, small-scale industrial and consumer products | electronics, automobile production, chemicals, shipbuilding, steel, textiles, clothing, footwear, food processing |
Infant mortality rate | total: 5.35 deaths/1,000 live births
male: 6.19 deaths/1,000 live births female: 4.46 deaths/1,000 live births (2006 est.) |
7.58 deaths/1,000 live births (2002 est.) |
Inflation rate (consumer prices) | 1.9% (2000) | 2.8% (2002 est.) |
International organization participation | ACCT, CE, FAO, IAEA, ICAO, ICC, ICCt (signatory), ICRM, IFRCS, IHO, IMO, Interpol, IOC, IPU, ITU, OIF, OPCW, OSCE, UN, UNCTAD, UNESCO, UNIDO, UNITAR, UPU, WHO, WIPO, WMO, WToO | AfDB, APEC, ARF (dialogue partner), AsDB, ASEAN (dialogue partner), Australia Group, BIS, CCC, CP, EBRD, ESCAP, FAO, G-77, IAEA, IBRD, ICAO, ICC, ICFTU, ICRM, IDA, IEA, IEA (observer), IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Interpol, IOC, IOM, ISO, ITU, MINURSO, NAM (guest), NEA, NSG, OAS (observer), OECD, OPCW, OSCE (partner), PCA, UN, UNCTAD, UNESCO, UNHCR, UNIDO, UNMOGIP, UNOMIG, UNTAET, UNU, UPU, WCL, WHO, WIPO, WMO, WToO, WTrO, ZC |
Internet Service Providers (ISPs) | - | 11 (2000) |
Irrigated land | NA | 11,590 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 (justices are appointed by the president with the consent of the National Assembly) |
Labor force | 41,110
note: includes workers from all foreign countries (2004) |
22 million (2001) |
Labor force - by occupation | - | services 69%, industry 22%, agriculture 10% (2001) |
Land boundaries | total: 4.4 km
border countries: France 4.4 km |
total: 238 km
border countries: North Korea 238 km |
Land use | arable land: 0%
permanent crops: 0% other: 100% (urban area) (2005) |
arable land: 17.44%
permanent crops: 2.05% other: 80.51% (1998 est.) |
Languages | French (official), English, Italian, Monegasque | Korean, English widely taught in junior high and high school |
Legal system | based on French law; has not accepted compulsory ICJ jurisdiction | combines elements of continental European civil law systems, Anglo-American law, and Chinese classical thought |
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 |
unicameral National Assembly or Kukhoe (273 seats total - 227 elected by direct, popular vote; members serve four-year terms); note - beginning in 2004, all members will be directly elected; possible redistricting before 2004 may affect the number of seats in the National Assembly
elections: last held 13 April 2000 (next to be held NA April 2004) election results: percent of vote by party - NA%; seats by party - GNP 133, MDP 115, ULD 17, other 8; note - the distribution of seats as of January 2002 is: GNP 136, MDP 118, ULD 15, DPP 2, independents 2 |
Life expectancy at birth | total population: 79.69 years
male: 75.85 years female: 83.74 years (2006 est.) |
total population: 74.88 years
male: 71.2 years female: 78.95 years (2002 est.) |
Literacy | definition: age 15 and over can read and write
total population: 99% male: 99% female: 99% (2003 est.) |
definition: age 15 and over can read and write
total population: 98% male: 99.3% female: 96.7% (1995 est.) |
Location | Western Europe, bordering the Mediterranean Sea on the southern coast of France, near the border with Italy | Eastern Asia, southern half of the Korean Peninsula bordering the Sea of Japan and the Yellow Sea |
Map references | Europe | Asia |
Maritime claims | territorial sea: 12 nm | contiguous zone: 24 NM
continental shelf: not specified exclusive economic zone: 200 NM territorial sea: 12 NM; between 3 NM and 12 NM in the Korea Strait |
Merchant marine | registered in other countries: 77 (Bahamas 17, Barbados 1, Bermuda 2, France 1, Georgia 13, Isle of Man 3, Liberia 10, Malta 1, Marshall Islands 8, Norway 4, Panama 9, Saint Kitts and Nevis 1, Saint Vincent and the Grenadines 4, Switzerland 2, unknown 1) (2006) | total: 501 ships (1,000 GRT or over) totaling 5,679,171 GRT/9,172,403 DWT
ships by type: bulk 104, cargo 160, chemical tanker 47, combination bulk 6, container 52, liquefied gas 16, multi-functional large-load carrier 1, passenger 3, petroleum tanker 73, refrigerated cargo 25, roll on/roll off 5, short-sea passenger 1, specialized tanker 3, vehicle carrier 5, includes some foreign-owned ships registered here as a flag of convenience: Australia 1, Bulgaria 1, China 1, Greece 1, Japan 1, Malaysia 1, Norway 1, Panama 1, Saint Vincent and the Grenadines 1, United Kingdom 1 (2002 est.) |
Military - note | defense is the responsibility of France; the Palace Guard performs ceremonial duties (2003) | - |
Military branches | - | Army, Navy, Air Force, Marine Corps, National Maritime Police (Coast Guard) |
Military expenditures - dollar figure | - | $12.8 billion (FY00) |
Military expenditures - percent of GDP | - | 2.8% (FY00) |
Military manpower - availability | - | males age 15-49: 14,194,960 (2002 est.) |
Military manpower - fit for military service | - | males age 15-49: 8,990,488 (2002 est.) |
Military manpower - military age | - | 18 years of age (2002 est.) |
Military manpower - reaching military age annually | - | males: 394,397 (2002 est.) |
National holiday | National Day (Prince of Monaco Holiday), 19 November | Liberation Day, 15 August (1945) |
Nationality | noun: Monegasque(s) or Monacan(s)
adjective: Monegasque or Monacan |
noun: Korean(s)
adjective: Korean |
Natural hazards | NA | occasional typhoons bring high winds and floods; low-level seismic activity common in southwest |
Natural resources | none | coal, tungsten, graphite, molybdenum, lead, hydropower potential |
Net migration rate | 7.68 migrant(s)/1,000 population (2006 est.) | 0 migrant(s)/1,000 population (2002 est.) |
Pipelines | - | petroleum products 455 km; note - additionally, there is a parallel petroleum, oils, and lubricants (POL) pipeline being completed |
Political parties and leaders | National and Democratic Union or UND [Guy MAGNAN]; Union for Monaco or UPM (including National Union for the Future of Monaco or UNAM) | Democratic People's Party or DPP [CHO Sun, chairman]; Grand National Party or GNP [YI Hoe-chang, president]; Millennium Democratic Party or MDP [leader NA]; United Liberal Democrats or ULD [KIM Chong-p'il, honorary chairman, KIM Chong-ho, acting president]
note: on 20 January 2000, the National Congress for New Politics or NCNP was renamed the Millennium Democratic Party or MDP |
Political pressure groups and leaders | NA | Federation of Korean Industries; Federation of Korean Trade Unions; Korean Confederation of Trade Unions; Korean National Council of Churches; Korean Traders Association; Korean Veterans' Association; National Council of Labor Unions; National Democratic Alliance of Korea; National Federation of Farmers' Associations; National Federation of Student Associations |
Population | 32,543 (July 2006 est.) | 48.324 million (July 2002 est.) |
Population below poverty line | NA% | 4% (2001 est.) |
Population growth rate | 0.4% (2006 est.) | 0.85% (2002 est.) |
Ports and harbors | - | Chinhae, Inch'on, Kunsan, Masan, Mokp'o, P'ohang, Pusan, Tonghae-hang, Ulsan, Yosu |
Radio broadcast stations | AM 1, FM NA, shortwave 8 (1998) | AM 104, FM 136, shortwave 5 (2001) |
Radios | - | 47.5 million (2000) |
Railways | - | total: 3,124 km
standard gauge: 3,124 km 1.435-m gauge (661 km electrified) (2000) |
Religions | Roman Catholic 90% | Christian 49%, Buddhist 47%, Confucianist 3%, Shamanist, Chondogyo (Religion of the Heavenly Way), and other 1% |
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 (2006 est.) |
at birth: 1.11 male(s)/female
under 15 years: 1.13 male(s)/female 15-64 years: 1.03 male(s)/female 65 years and over: 0.65 male(s)/female total population: 1.01 male(s)/female (2002 est.) |
Suffrage | 18 years of age; universal | 20 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: excellent domestic and international services
domestic: NA international: fiber-optic submarine cable to China; the Russia-Korea-Japan submarine cable; satellite earth stations - 3 Intelsat (2 Pacific Ocean and 1 Indian Ocean) and 1 Inmarsat (Pacific Ocean region) |
Telephones - main lines in use | 33,700 (2002) | 24 million (2000) |
Telephones - mobile cellular | 19,300 (2002) | 28 million (September 2000) |
Television broadcast stations | 5 (1998) | 121 (plus 850 repeater stations and the eight-channel American Forces Korea Network) (1999) |
Terrain | hilly, rugged, rocky | mostly hills and mountains; wide coastal plains in west and south |
Total fertility rate | 1.76 children born/woman (2006 est.) | 1.72 children born/woman (2002 est.) |
Unemployment rate | 22% (1999) | 3.1% (2002 est.) |
Waterways | - | 1,609 km
note: restricted to small native craft |