Compare Monaco (2006) - Korea, South (2004)

Compare Monaco (2006) z Korea, South (2004)

	Monaco (2006)	Korea, South (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 provinces (do, singular and plural) and 7 metropolitan cities (gwangyoksi, singular and plural) provinces: Cheju-do, Cholla-bukto (North Cholla), Cholla-namdo (South Cholla), Ch'ungch'ong-bukto (North Ch'ungch'ong), Ch'ungch'ong-namdo (South Ch'ungch'ong), Kangwon-do, Kyonggi-do, Kyongsang-bukto (North Kyongsang), Kyongsang-namdo (South Kyongsang) metropolitan cities: Inch'on-gwangyoksi (Inchon), Kwangju-gwangyoksi (Kwangju), Pusan-gwangyoksi (Pusan), Soul-t'ukpyolsi (Seoul), Taegu-gwangyoksi (Taegu), Taejon-gwangyoksi (Taejon), Ulsan-gwangyoksi (Ulsan)
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: 20.4% (male 5,223,344; female 4,681,594) 15-64 years: 71.4% (male 17,625,302; female 17,072,029) 65 years and over: 8.2% (male 1,597,085; female 2,398,821) (2004 est.)
Agriculture - products	none	rice, root crops, barley, vegetables, fruit; cattle, pigs, chickens, milk, eggs; fish
Airports	-	102 (2003 est.)
Airports - with paved runways	-	total: 88 over 3,047 m: 3 2,438 to 3,047 m: 21 1,524 to 2,437 m: 14 914 to 1,523 m: 12 under 914 m: 38 (2004 est.)
Airports - with unpaved runways	-	total: 91 914 to 1,523 m: 3 under 914 m: 88 (2004 est.)
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.	Korea was an independent kingdom under Chinese suzerainty for most of the past millennium. Following its victory in the Russo-Japanese War in 1905, Japan occupied Korea; five years later it formally annexed the entire peninsula. 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. During the Korean War (1950-1953), US and other UN forces intervened 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 18 times the level of North Korea. In 1987, South Korean voters elected ROH Tae-woo to the presidency, ending 26 years of military dictatorships. South Korea today is a fully functioning modern democracy. In June 2000, a historic first North-South summit took place between the South's President KIM Tae-chung and the North's leader KIM Jong Il.
Birth rate	9.19 births/1,000 population (2006 est.)	12.33 births/1,000 population (2004 est.)
Budget	revenues: $719.2 million expenditures: $864.1 million; including capital expenditures of $283.1 million (2004)	revenues: $135.5 billion expenditures: $128.7 billion, including capital expenditures of $23.5 billion (2003)
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	17 July 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.)	6.13 deaths/1,000 population (2004 est.)
Debt - external	$18 billion (2000 est.)	$130.3 billion (2003 est.)
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 Christopher R. HILL embassy: 82 Sejong-no, Jongno-gu, Seoul 110-710 mailing address: American Embassy, Unit 15550, APO AP 96205-5550 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 HONG Seok-hyun chancery: 2450 Massachusetts Avenue NW, Washington, DC 20008 telephone: [1] (202) 939-5600 FAX: [1] (202) 387-0205 consulate(s) general: Atlanta, Boston, Chicago, Honolulu, Houston, Los Angeles, New York, San Francisco, and Seattle consulate(s): New York, Tamuning (Guam)
Disputes - international	none	Military Demarcation Line within the 4-km wide Demilitarized Zone has separated North from South Korea since 1953; periodic maritime disputes with North Korea over the Northern Limit Line; unresolved dispute with Japan over Liancourt Rocks (Tok-do/Take-shima) and occasional protests over fishing rights in grounds also claimed by Japan
Economic aid - donor	-	ODA $200 million
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.	Since the early 1960s, South Korea has achieved an incredible record of growth and integration into the high-tech modern world economy. Four decades ago GDP per capita was comparable with levels in the poorer countries of Africa and Asia. Today its GDP per capita is 18 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 to a negative 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 had stalled. Led by consumer spending and exports, growth in 2002 was an impressive 6.2%, despite anemic global growth, followed by moderate 2.8% growth in 2003. In 2003 the National Assembly approved legislation reducing the six-day work week to five days.
Electricity - consumption	NA kWh	270.3 billion kWh (2001)
Electricity - exports	-	0 kWh (2001)
Electricity - imports	NA kWh; note - electricity supplied by France	0 kWh (2001)
Electricity - production	-	290.7 billion kWh (2001)
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, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Environmental Modification, Hazardous Wastes, Law of the Sea, Marine Dumping, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Tropical Timber 94, Wetlands, Whaling signed, but not ratified: none of the selected agreements
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 - 1,191.61 (2003), 1,251.09 (2002), 1,290.99 (2001), 1,130.96 (2000), 1,188.82 (1999)
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 Moo-hyun (since 25 February 2003) head of government: Prime Minister LEE Hae-chan (since 25 May 2004); Deputy Prime Ministers KIM Jin-pyo (since 28 January 2005), LEE Hun-jai (since 10 February 2004), and OH Myung (since 18 October 2004) cabinet: State Council appointed by the president on the prime minister's recommendation elections: president elected by popular vote for single five-year term; election last held 19 December 2002 (next to be held in December 2007); prime minister appointed by president with consent of National Assembly; deputy prime ministers appointed by president on prime minister's recommendation election results: results of the 19 December 2002 election - ROH Moo-hyun elected president; percent of vote - ROH Moo-hyun (MDP) 48.9%; LEE Hoi-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	804,700 bbl/day (2001)
Exports - commodities	-	Semiconductors, wireless telecommunications equipment, motor vehicles, computers, steel, ships, petrochemicals
Exports - partners	-	China 18.2%, US 17.8%, Japan 9%, Hong Kong 7.6% (2003)
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 - $857.8 billion (2003 est.)
GDP - composition by sector	agriculture: 17% industry: NA% services: NA%	agriculture: 3.6% industry: 36.4% services: 60% (2003 est.)
GDP - per capita	-	purchasing power parity - $17,800 (2003 est.)
GDP - real growth rate	0.9% (2000 est.)	3.1% (2003 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)	206 (2003 est.)
Highways	-	total: 86,990 km paved: 64,808 km (including 1,996 km of expressways) unpaved: 22,182 km (1999 est.)
Household income or consumption by percentage share	lowest 10%: NA% highest 10%: NA%	lowest 10%: 2.9% highest 10%: 22.5% (1999 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	2.965 million bbl/day (2001)
Imports - commodities	-	machinery, electronics and electronic equipment, oil, steel, transport equipment, organic chemicals, plastics
Imports - partners	-	Japan 20.3%, US 13.9%, China 12.3%, Saudi Arabia 5.2% (2003)
Independence	1419 (beginning of the rule by the House of Grimaldi)	15 August 1945 (from Japan)
Industrial production growth rate	NA%	5.1% (2003 est.)
Industries	tourism, construction, small-scale industrial and consumer products	electronics, telecommunications, automobile production, chemicals, shipbuilding, steel
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.)	total: 7.18 deaths/1,000 live births male: 7.64 deaths/1,000 live births female: 6.68 deaths/1,000 live births (2004 est.)
Inflation rate (consumer prices)	1.9% (2000)	3.6% (2003 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, AsDB, ASEAN (dialogue partner), Australia Group, BIS, CP, EBRD, FAO, IAEA, IBRD, ICAO, ICC, ICCt, ICFTU, ICRM, IDA, IEA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Interpol, IOC, IOM, ISO, ITU, LAIA, MIGA, MINURSO, NAM (guest), NEA, NSG, OAS (observer), OECD, ONUB, OPCW, OSCE (partner), PCA, UN, UNCTAD, UNESCO, UNIDO, UNMIL, UNMOGIP, UNOMIG, UPU, WCL, WCO, WHO, WIPO, WMO, WToO, WTO, ZC
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 appointed by president with consent of National Assembly); Constitutional Court (justices appointed by president based partly on nominations by National Assembly and Chief Justice of the court)
Labor force	41,110 note: includes workers from all foreign countries (2004)	22.92 million (2003)
Labor force - by occupation	-	agriculture 8.8%, industry 19.1%, services 72.1% (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: 17.18% permanent crops: 1.95% other: 80.87% (2001)
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 (299 seats -- members elected for four-year terms; 243 in single-seat constituencies, 56 by proportional representation elections: last held 15 April 2004 (next to be held in April 2008; by-elections scheduled for April 2005)) election results: percent of vote by party - Uri 51%, GNP 41%, DLP 3%, MDP 3%, others 2%; seats by party - Uri 152, GNP 121, DLP 10, MDP 9, others 7 (2004)
Life expectancy at birth	total population: 79.69 years male: 75.85 years female: 83.74 years (2006 est.)	total population: 75.58 years male: 71.96 years female: 79.54 years (2004 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: 97.9% male: 99.2% female: 96.6% (2002)
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	territorial sea: 12 nm; between 3 nm and 12 nm in the Korea Strait contiguous zone: 24 nm exclusive economic zone: 200 nm continental shelf: not specified
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: 535 ships (1,000 GRT or over) 5,978,949 GRT/9,761,699 DWT by type: bulk 97, cargo 174, chemical tanker 61, combination bulk 10, container 60, liquefied gas 19, passenger 3, petroleum tanker 73, refrigerated cargo 20, roll on/roll off 7, short-sea/passenger 2, specialized tanker 6, vehicle carrier 3 foreign-owned: Bahrain 1, China 1, Gibraltar 1, Honduras 1, Indonesia 1, Japan 3, Malaysia 1, Panama 1, Philippines 1, Saint Vincent and the Grenadines 1, United Kingdom 1, United States 1 registered in other countries: 442 (2004 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	-	$14.522 billion (FY03)
Military expenditures - percent of GDP	-	2.7% (FY03)
Military manpower - availability	-	males age 15-49: 14,233,895 (2004 est.)
Military manpower - fit for military service	-	males age 15-49: 8,966,241 (2004 est.)
Military manpower - reaching military age annually	-	males: 341,697 (2004 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 (2004 est.)
Pipelines	-	gas 1,433 km; refined products 827 km (2004)
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 Labor Party or DLP [KIM Hye-kyung, chairwoman]; Grand National Party or GNP [PARK Geun-hye, chairwoman]; Millennium Democratic Party or MDP [HAHN Hwa-kap, chairman]; United Liberal Democrats or ULD [KIM Hak-won, chairman]; Uri Party [LIM Chae-jung, interim chairman]
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.)	48,598,175 (July 2004 est.)
Population below poverty line	NA%	4% (2001 est.)
Population growth rate	0.4% (2006 est.)	0.62% (2004 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 58, FM 150, shortwave 2 (2004)
Railways	-	total: 3,125 km standard gauge: 3,125 km 1.435-m gauge (661 km electrified) (2003)
Religions	Roman Catholic 90%	no affiliation 46%, Christian 26%, Buddhist 26%, Confucianist 1%, 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: 1.09 male(s)/female under 15 years: 1.12 male(s)/female 15-64 years: 1.03 male(s)/female 65 years and over: 0.67 male(s)/female total population: 1.01 male(s)/female (2004 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: country code - 82; 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)	22.877 million (2003)
Telephones - mobile cellular	19,300 (2002)	33,591,800 (2003)
Television broadcast stations	5 (1998)	64 (additionally 119 Cable Operators; 239 Relay Cable Operators) (2004)
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.)	1.56 children born/woman (2004 est.)
Unemployment rate	22% (1999)	3.4% (2003 est.)
Waterways	-	1,608 km note: most navigable only by small craft (2004)

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