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Compare Monaco (2006) - Korea, South (2007)

Compare Monaco (2006) z Korea, South (2007)

 Monaco (2006)Korea, South (2007)
 MonacoKorea, South
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 (Inch'on), 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: 18.3% (male 4,714,103/female 4,262,873)


15-64 years: 72.1% (male 18,004,719/female 17,346,594)


65 years and over: 9.6% (male 1,921,803/female 2,794,698) (2007 est.)
Agriculture - products none rice, root crops, barley, vegetables, fruit; cattle, pigs, chickens, milk, eggs; fish
Airports - 105 (2007)
Airports - with paved runways - total: 68


over 3,047 m: 3


2,438 to 3,047 m: 21


1,524 to 2,437 m: 14


914 to 1,523 m: 11


under 914 m: 19 (2007)
Airports - with unpaved runways - total: 37


914 to 1,523 m: 3


under 914 m: 34 (2007)
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. An independent Korean state or collection of states has existed almost continuously for several millennia. Between its initial unification in the 7th century - from three predecessor Korean states - until the 20th century, Korea existed as a single independent country. In 1905, following the Russo-Japanese War, Korea became a protectorate of imperial Japan, and in 1910 it was annexed as a colony. Korea regained its independence following Japan's surrender to the United States in 1945. After World War II, a Republic of Korea (ROK) was set up in the southern half of the Korean Peninsula while a Communist-style government was installed in the north (the DPRK). During the Korean War (1950-53), US troops and UN forces fought alongside soldiers from the ROK to defend South Korea from DPRK attacks supported by China and the Soviet Union. 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 14 times the level of North Korea. In 1993, KIM Young-sam became South Korea's first civilian president following 32 years of military rule. 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 Dae-jung and the North's leader KIM Jong Il.
Birth rate 9.19 births/1,000 population (2006 est.) 9.93 births/1,000 population (2007 est.)
Budget revenues: $719.2 million


expenditures: $864.1 million; including capital expenditures of $283.1 million (2004)
revenues: $219.5 billion


expenditures: $215.7 billion (2006 est.)
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
name: Seoul


geographic coordinates: 37 33 N, 126 59 E


time difference: UTC+9 (14 hours ahead of Washington, DC during Standard Time)
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; note - amended or rewritten nine times; current constitution approved on 29 October 1987
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: Han'guk


abbreviation: ROK
Death rate 12.91 deaths/1,000 population (2006 est.) 5.99 deaths/1,000 population (2007 est.)
Debt - external $18 billion (2000 est.) $187.2 billion (2006 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 Alexander VERSHBOW


embassy: 32 Sejong-no, Jongno-gu, Seoul 110-710


mailing address: US Embassy Seoul, 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 LEE Tae-sik


chancery: 2450 Massachusetts Avenue NW, Washington, DC 20008


telephone: [1] (202) 939-5600


FAX: [1] (202) 387-0205


consulate(s) general: Agana (Guam), Atlanta, Boston, Chicago, Honolulu, Houston, Los Angeles, New York, San Francisco, Seattle
Disputes - international none Military Demarcation Line within the 4-km wide Demilitarized Zone has separated North from South Korea since 1953; periodic incidents with North Korea in the Yellow Sea over the Northern Limiting Line, which South Korea claims as a maritime boundary; South Korea and Japan claim Liancourt Rocks (Tok-do/Take-shima), occupied by South Korea since 1954
Economic aid - donor - ODA, $744 million (2005)
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 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. In 2004, South Korea joined the trillion dollar club of world economies. Today its GDP per capita is equal to the lesser economies of the EU. This success 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. GDP plunged by 6.9% in 1998, then recovered by 9.5% in 1999 and 8.5% 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 7%, despite anemic global growth. Between 2003 and 2006, growth moderated to about 4-5%. A downturn in consumer spending was offset by rapid export growth. Moderate inflation, low unemployment, an export surplus, and fairly equal distribution of income characterize this solid economy.
Electricity - consumption NA kWh 352.5 billion kWh (2005)
Electricity - exports - 0 kWh (2005)
Electricity - imports NA kWh; note - electricity supplied by France 0 kWh (2005)
Electricity - production - 366.2 billion kWh (2005)
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 - 955.3 (2006), 1,024.1 (2005), 1,145.3 (2004), 1,191.6 (2003), 1,251.1 (2002)
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 HAN Duck-soo (since 2 April 2007); Deputy Prime Ministers KIM Woo-sik (since 10 February 2006); KWON O-kyu (since 18 July 2006); KIM Shin-il (since 20 September 2006)


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 on 19 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: 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
644,100 bbl/day (2004)
Exports - commodities - semiconductors, wireless telecommunications equipment, motor vehicles, computers, steel, ships, petrochemicals
Exports - partners - China 21.3%, US 13.3%, Japan 8.1%, Hong Kong 5.9% (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 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 - composition by sector agriculture: 17%


industry: NA%


services: NA%
agriculture: 3.2%


industry: 39.6%


services: 57.2% (2006 est.)
GDP - real growth rate 0.9% (2000 est.) 5% (2006 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) 536 (2007)
Household income or consumption by percentage share lowest 10%: NA%


highest 10%: NA%
lowest 10%: 2.9%


highest 10%: 25% (2005 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
2.83 million bbl/day (2004)
Imports - commodities - machinery, electronics and electronic equipment, oil, steel, transport equipment, organic chemicals, plastics
Imports - partners - Japan 16.8%, China 15.7%, US 11%, Saudi Arabia 6.7%, UAE 4.2% (2006)
Independence 1419 (beginning of the rule by the House of Grimaldi) 15 August 1945 (from Japan)
Industrial production growth rate NA% 8% (2006 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: 6.05 deaths/1,000 live births


male: 6.43 deaths/1,000 live births


female: 5.64 deaths/1,000 live births (2007 est.)
Inflation rate (consumer prices) 1.9% (2000) 2.2% (2006 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, APT, ARF, AsDB, ASEAN (dialogue partner), Australia Group, BIS, CP, EAS, EBRD, FAO, IADB, IAEA, IBRD, ICAO, ICC, ICCt, ICRM, IDA, IEA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, ITUC, LAIA, MIGA, NEA, NSG, OAS (observer), OECD, ONUB, OPCW, OSCE (partner), PCA, PIF (partner), SAARC (observer), UN, UNCTAD, UNESCO, UNHCR, UNIDO, UNMIL, UNMIS, UNMOGIP, UNOMIG, UNWTO, UPU, WCL, WCO, WHO, WIPO, WMO, WTO, ZC
Irrigated land NA 8,780 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 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)
23.98 million (2006 est.)
Labor force - by occupation - agriculture: 6.4%


industry: 26.4%


services: 67.2% (2006 est.)
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: 16.58%


permanent crops: 2.01%


other: 81.41% (2005)
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; has not accepted compulsory ICJ jurisdiction
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; 243 members elected in single-seat constituencies, 56 elected by proportional representation; to serve four-year terms)


elections: last held 15 April 2004 (next to be held in April 2008)


election results: percent of vote by party - Uri 51%, GNP 41%, DLP 3%, DP 3%, others 2%; seats by party - Uri 141, GNP 127, DP 12, DLP 9, PFP 5, independents 5


note: percent of vote is for 2004 general election; seats by party reflect results of 2005 and 2006 by-elections; MDP became DP in May 2005; United Liberal Democrats (ULD) merged with GNP in February 2006
Life expectancy at birth total population: 79.69 years


male: 75.85 years


female: 83.74 years (2006 est.)
total population: 77.23 years


male: 73.81 years


female: 80.93 years (2007 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: 738 ships (1000 GRT or over) 10,636,466 GRT/17,371,943 DWT


by type: bulk carrier 187, cargo 202, carrier 1, chemical tanker 119, container 81, liquefied gas 26, passenger 5, passenger/cargo 21, petroleum tanker 57, refrigerated cargo 19, roll on/roll off 8, specialized tanker 4, vehicle carrier 8


foreign-owned: 22 (China 2, France 8, Japan 1, Sweden 2, UK 1, US 7, Vietnam 1)


registered in other countries: 386 (Belize 4, Cambodia 29, China 1, Cyprus 2, Greece 2, Honduras 6, Hong Kong 6, Indonesia 1, Liberia 4, Malta 3, Marshall Islands 3, Netherlands 1, Panama 316, Russia 1, Singapore 7, unknown 4) (2007)
Military - note defense is the responsibility of France; the Palace Guard performs ceremonial duties (2003) -
Military branches - Army, Navy, Republic of Korea Air Force (Han-guk Kong Goon), Marine Corps, National Maritime Police (coast guard) (2006)
Military expenditures - percent of GDP - 2.7% (2006)
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 (2007 est.)
Pipelines - gas 1,482 km; refined products 827 km (2006)
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 [MOON Seong-hyun]; Democratic Party or DP [PARK Sang-chun]; Grand National Party or GNP [KANG Jae-sup]; People-First Party or PFP [SHIN Kook-hwan and SIM Dae-pyung]; Uri Party [Chung Sye-kyun]
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.) 49,044,790 (July 2007 est.)
Population below poverty line NA% 15% (2003 est.)
Population growth rate 0.4% (2006 est.) 0.394% (2007 est.)
Radio broadcast stations AM 1, FM NA, shortwave 8 (1998) AM 61, FM 150, shortwave 2 (2005)
Railways - total: 3,472 km


standard gauge: 3,472 km 1.435-m gauge (1,342 km electrified) (2006)
Religions Roman Catholic 90% Christian 26.3% (Protestant 19.7%, Roman Catholic 6.6%), Buddhist 23.2%, other or unknown 1.3%, none 49.3% (1995 census)
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: 1.08 male(s)/female


under 15 years: 1.106 male(s)/female


15-64 years: 1.038 male(s)/female


65 years and over: 0.688 male(s)/female


total population: 1.01 male(s)/female (2007 est.)
Suffrage 18 years of age; universal 19 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; numerous submarine cables provide links throughout Asia, Australia, the Middle East, Europe, and US; satellite earth stations - 3 Intelsat (1 Pacific Ocean and 2 Indian Ocean) and 3 Inmarsat (1 Pacific Ocean and 2 Indian Ocean)
Telephones - main lines in use 33,700 (2002) 26.866 million (2006)
Telephones - mobile cellular 19,300 (2002) 40.197 million (2006)
Television broadcast stations 5 (1998) 43 (plus 59 cable operators and 190 relay cable operators) (2005)
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.) 1.28 children born/woman (2007 est.)
Unemployment rate 22% (1999) 3.3% (2006 est.)
Waterways - 1,608 km (most navigable only by small craft) (2007)
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