Monaco (2006) | Turks and Caicos Islands (2007) | |
![]() | ![]() | |
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 | none (overseas territory of the UK) |
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: 31.3% (male 3,466/female 3,345)
15-64 years: 64.8% (male 7,398/female 6,690) 65 years and over: 3.9% (male 394/female 453) (2007 est.) |
Agriculture - products | none | corn, beans, cassava (tapioca), citrus fruits; fish |
Airports | - | 8 (2007) |
Airports - with paved runways | - | total: 6
1,524 to 2,437 m: 3 914 to 1,523 m: 1 under 914 m: 2 (2007) |
Airports - with unpaved runways | - | total: 2
under 914 m: 2 (2007) |
Area | total: 1.95 sq km
land: 1.95 sq km water: 0 sq km |
total: 430 sq km
land: 430 sq km water: 0 sq km |
Area - comparative | about three times the size of The Mall in Washington, DC | 2.5 times the size of Washington, DC |
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. | The islands were part of the UK's Jamaican colony until 1962, when they assumed the status of a separate crown colony upon Jamaica's independence. The governor of The Bahamas oversaw affairs from 1965 to 1973. With Bahamian independence, the islands received a separate governor in 1973. Although independence was agreed upon for 1982, the policy was reversed and the islands remain a British overseas territory. |
Birth rate | 9.19 births/1,000 population (2006 est.) | 21.48 births/1,000 population (2007 est.) |
Budget | revenues: $719.2 million
expenditures: $864.1 million; including capital expenditures of $283.1 million (2004) |
revenues: $47 million
expenditures: $33.6 million (1997-98 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: Grand Turk (Cockburn Town)
geographic coordinates: 21 28 N, 71 08 W time difference: UTC-5 (same time as Washington, DC during Standard Time) daylight saving time: +1hr, begins first Sunday in April; ends last Sunday in October |
Climate | Mediterranean with mild, wet winters and hot, dry summers | tropical; marine; moderated by trade winds; sunny and relatively dry |
Coastline | 4.1 km | 389 km |
Constitution | 17 December 1962 | Turks and Caicos Islands Constitution Order 2006 (effective 9 August 2006) |
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: Turks and Caicos Islands abbreviation: TCI |
Death rate | 12.91 deaths/1,000 population (2006 est.) | 4.23 deaths/1,000 population (2007 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) under the authority of the US ambassador to France is accredited to Monaco | none (overseas territory of the UK) |
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 | have received Haitians fleeing economic and civil disorder |
Economic aid - recipient | $NA | $4.1 million (1997) |
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. | The Turks and Caicos economy is based on tourism, offshore financial services, and fishing. Most capital goods and food for domestic consumption are imported. The US is the leading source of tourists, accounting for more than three-quarters of the 175,000 visitors that arrived in 2004. Major sources of government revenue also include fees from offshore financial activities and customs receipts. |
Electricity - consumption | NA kWh | 10.76 million kWh (2005) |
Electricity - exports | - | 0 kWh (2005) |
Electricity - imports | NA kWh; note - electricity supplied by France | 0 kWh (2005) |
Electricity - production | - | 11.57 million kWh (2005) |
Elevation extremes | lowest point: Mediterranean Sea 0 m
highest point: Mont Agel 140 m |
lowest point: Caribbean Sea 0 m
highest point: Blue Hills 49 m |
Environment - current issues | NA | limited natural fresh water resources, private cisterns collect rainwater |
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 90%, mixed, European, or North American 10% |
Exchange rates | euros per US dollar - 0.8041 (2005), 0.8054 (2004), 0.886 (2003), 1.0626 (2002), 1.1175 (2001) | the US dollar is used |
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 Richard TAUWHARE (since 11 July 2005)
head of government: Premier Michael Eugene MISICK (since 15 August 2003); note - the office of premier was created in the 2006 constitution cabinet: Cabinet consists of the governor, the premier, six ministers appointed by the governor from among the members of the House of Assembly, and the attorney general elections: none; the monarch is hereditary; governor appointed by the monarch; following legislative elections, the leader of the majority party is appointed premier by the governor |
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 |
NA bbl/day |
Exports - commodities | - | lobster, dried and fresh conch, conch shells |
Exports - partners | - | US, UK (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 | blue, with the flag of the UK in the upper hoist-side quadrant and the colonial shield centered on the outer half of the flag; the shield is yellow and contains a conch shell, lobster, and cactus |
GDP - composition by sector | agriculture: 17%
industry: NA% services: NA% |
agriculture: NA%
industry: NA% services: NA% |
GDP - real growth rate | 0.9% (2000 est.) | 4.9% (2000 est.) |
Geographic coordinates | 43 44 N, 7 24 E | 21 45 N, 71 35 W |
Geography - note | second-smallest independent state in the world (after Holy See); almost entirely urban | about 40 islands (eight inhabited) |
Heliports | 1 (2006) | - |
Household income or consumption by percentage share | lowest 10%: NA%
highest 10%: NA% |
lowest 10%: NA%
highest 10%: NA% |
Illicit drugs | - | transshipment point for South American narcotics destined for the US and Europe |
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 |
NA bbl/day |
Imports - commodities | - | food and beverages, tobacco, clothing, manufactures, construction materials |
Imports - partners | - | US, UK (2006) |
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, offshore financial services |
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: 14.7 deaths/1,000 live births
male: 17 deaths/1,000 live births female: 12.29 deaths/1,000 live births (2007 est.) |
Inflation rate (consumer prices) | 1.9% (2000) | 4% (1995) |
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 | Caricom (associate), CDB, Interpol (subbureau), UPU |
Irrigated land | NA | NA |
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 |
Labor force | 41,110
note: includes workers from all foreign countries (2004) |
4,848 (1990 est.) |
Labor force - by occupation | - | note: about 33% in government and 20% in agriculture and fishing; significant numbers in tourism, financial, and other services |
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) (2005) |
arable land: 2.33%
permanent crops: 0% other: 97.67% (2005) |
Languages | French (official), English, Italian, Monegasque | English (official) |
Legal system | based on French law; has not accepted compulsory ICJ jurisdiction | based on laws of England and Wales, with a few adopted from Jamaica and The Bahamas |
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 House of Assembly (21 seats of which 15 are popularly elected; members serve four-year terms)
elections: last held 9 February 2007 (next to be held in 2011) election results: percent of vote by party - PNP 60%, PDM 40%; seats by party - PNP 13, PDM 2 |
Life expectancy at birth | total population: 79.69 years
male: 75.85 years female: 83.74 years (2006 est.) |
total population: 74.95 years
male: 72.69 years female: 77.32 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 has ever attended school
total population: 98% male: 99% female: 98% (1970 est.) |
Location | Western Europe, bordering the Mediterranean Sea on the southern coast of France, near the border with Italy | Caribbean, two island groups in the North Atlantic Ocean, southeast of The Bahamas, north of Haiti |
Map references | Europe | Central America and the Caribbean |
Maritime claims | territorial sea: 12 nm | territorial sea: 12 nm
exclusive fishing zone: 200 nm |
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) | registered in other countries: 1 (Panama 1) (2007) |
Military - note | defense is the responsibility of France; the Palace Guard performs ceremonial duties (2003) | defense is the responsibility of the UK |
National holiday | National Day (Prince of Monaco Holiday), 19 November | Constitution Day, 30 August (1976) |
Nationality | noun: Monegasque(s) or Monacan(s)
adjective: Monegasque or Monacan |
noun: none
adjective: none |
Natural hazards | NA | frequent hurricanes |
Natural resources | none | spiny lobster, conch |
Net migration rate | 7.68 migrant(s)/1,000 population (2006 est.) | 9.98 migrant(s)/1,000 population (2007 est.) |
People - note | - | destination and transit point for illegal Haitian immigrants bound for the Turks and Caicos Islands, The Bahamas, and the US |
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) | People's Democratic Movement or PDM [Floyd SEYMOUR]; Progressive National Party or PNP [Michael Eugene MISICK] |
Political pressure groups and leaders | NA | NA |
Population | 32,543 (July 2006 est.) | 21,746 (July 2007 est.) |
Population below poverty line | NA% | NA% |
Population growth rate | 0.4% (2006 est.) | 2.722% (2007 est.) |
Radio broadcast stations | AM 1, FM NA, shortwave 8 (1998) | AM 2, FM 7, shortwave 0 (2003) |
Religions | Roman Catholic 90% | Baptist 40%, Anglican 18%, Methodist 16%, Church of God 12%, other 14% (1990) |
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: 1.05 male(s)/female
under 15 years: 1.036 male(s)/female 15-64 years: 1.106 male(s)/female 65 years and over: 0.87 male(s)/female total population: 1.073 male(s)/female (2007 est.) |
Suffrage | 18 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: fully digital system with international direct dialing
domestic: full range of services available; GSM wireless service available international: country code - 1-649; 2 submarine cables; satellite earth station - 1 Intelsat (Atlantic Ocean) |
Telephones - main lines in use | 33,700 (2002) | 5,700 (2002) |
Telephones - mobile cellular | 19,300 (2002) | 1,700 (1999) |
Television broadcast stations | 5 (1998) | 0 (broadcasts received from The Bahamas; 2 cable television networks) (2003) |
Terrain | hilly, rugged, rocky | low, flat limestone; extensive marshes and mangrove swamps |
Total fertility rate | 1.76 children born/woman (2006 est.) | 3.02 children born/woman (2007 est.) |
Unemployment rate | 22% (1999) | 10% (1997 est.) |