Monaco (2006) | Venezuela (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 | 23 states (estados, singular - estado), 1 federal district* (distrito federal), and 1 federal dependency** (dependencia federal); Amazonas, Anzoategui, Apure, Aragua, Barinas, Bolivar, Carabobo, Cojedes, Delta Amacuro, Dependencias Federales**, Distrito Federal*, Falcon, Guarico, Lara, Merida, Miranda, Monagas, Nueva Esparta, Portuguesa, Sucre, Tachira, Trujillo, Vargas, Yaracuy, Zulia
note: the federal dependency consists of 11 federally controlled island groups with a total of 72 individual islands |
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: 30.5% (male 3,930,413; female 3,687,744)
15-64 years: 64.5% (male 8,107,382; female 8,034,905) 65 years and over: 5% (male 571,289; female 685,654) (2004 est.) |
Agriculture - products | none | corn, sorghum, sugarcane, rice, bananas, vegetables, coffee; beef, pork, milk, eggs; fish |
Airports | - | 368 (2003 est.) |
Airports - with paved runways | - | total: 127
over 3,047 m: 5 2,438 to 3,047 m: 11 1,524 to 2,437 m: 31 914 to 1,523 m: 61 under 914 m: 19 (2004 est.) |
Airports - with unpaved runways | - | total: 242
1,524 to 2,437 m: 10 914 to 1,523 m: 88 under 914 m: 144 (2004 est.) |
Area | total: 1.95 sq km
land: 1.95 sq km water: 0 sq km |
total: 912,050 sq km
land: 882,050 sq km water: 30,000 sq km |
Area - comparative | about three times the size of The Mall in Washington, DC | slightly more than twice the size of California |
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. | Venezuela was one of three countries that emerged from the collapse of Gran Colombia in 1830 (the others being Colombia and Ecuador). For most of the first half of the 20th century, Venezuela was ruled by generally benevolent military strongmen, who promoted the oil industry and allowed for some social reforms. Democratically elected governments have held sway since 1959. Current concerns include: a polarized political environment, a divided military, drug-related conflicts along the Colombian border, increasing internal drug consumption, overdependence on the petroleum industry with its price fluctuations, and irresponsible mining operations that are endangering the rain forest and indigenous peoples. |
Birth rate | 9.19 births/1,000 population (2006 est.) | 19.34 births/1,000 population (2004 est.) |
Budget | revenues: $719.2 million
expenditures: $864.1 million; including capital expenditures of $283.1 million (2004) |
revenues: $19.33 billion
expenditures: $24.34 billion, including capital expenditures of $2.6 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 |
Caracas |
Climate | Mediterranean with mild, wet winters and hot, dry summers | tropical; hot, humid; more moderate in highlands |
Coastline | 4.1 km | 2,800 km |
Constitution | 17 December 1962 | 30 December 1999 |
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: Bolivarian Republic of Venezuela
conventional short form: Venezuela local long form: Republica Bolivariana de Venezuela local short form: Venezuela |
Currency | - | bolivar (VEB) |
Death rate | 12.91 deaths/1,000 population (2006 est.) | 4.9 deaths/1,000 population (2004 est.) |
Debt - external | $18 billion (2000 est.) | $32.51 billion (2003) |
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 William R. BROWNFIELD
embassy: Calle F con Calle Suapure, Urbanizacion Colinas de Valle Arriba, Caracas 1080 mailing address: P. O. Box 62291, Caracas 1060-A; APO AA 34037 telephone: [58] (212) 975-9234, 975-6411 FAX: [58] (212) 975-8991 |
Diplomatic representation in the US | Monaco does not have an embassy in the US
consulate(s) general: New York |
chief of mission: Ambassador Bernardo ALVAREZ
chancery: 1099 30th Street NW, Washington, DC 20007 telephone: [1] (202) 342-2214 FAX: [1] (202) 342-6820 consulate(s) general: Boston, Chicago, Houston, Miami, New Orleans, New York, San Francisco, and San Juan (Puerto Rico) |
Disputes - international | none | claims all of the area west of the Essequibo River, preventing any discussion of a maritime boundary; Guyana has expressed its intention to join Barbados in asserting claims before UNCLOS that the Trinidad and Tobago's maritime boundary with Venezuela extends into their waters; maritime boundary dispute with Colombia in the Gulf of Venezuela and the Caribbean Sea; US, France and the Netherlands recognize Venezuela's claim to give full effect to Aves Island, which creates a Venezuelan EEZ/continental shelf extending over a large portion of the Caribbean Sea; Dominica, Saint Kitts and Nevis, Saint Lucia, and Saint Vincent and the Grenadines protest Venezuela's claim that Aves Island sustains human habitation and other states' recognition of it |
Economic aid - recipient | $NA | $74 million (2000) |
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. | Venezuela continues to be highly dependent on the petroleum sector, which accounts for roughly one-third of GDP, around 80% of export earnings, and more than half of government operating revenues. Despite higher oil prices at the end of 2002 and into 2003, domestic political instability, culminating in a disastrous two-month national oil strike from December 2002 to February 2003, temporarily halted economic activity. The economy remained in depression in 2003, declining by 9.2% after an 8.9% fall in 2002. In late 2003, President CHAVEZ committed himself to $1 billion in new social programs, money the government does not have. |
Electricity - consumption | NA kWh | 81.47 billion kWh (2001) |
Electricity - exports | - | 0 kWh (2001) |
Electricity - imports | NA kWh; note - electricity supplied by France | 0 kWh (2001) |
Electricity - production | - | 87.6 billion kWh (2001) |
Elevation extremes | lowest point: Mediterranean Sea 0 m
highest point: Mont Agel 140 m |
lowest point: Caribbean Sea 0 m
highest point: Pico Bolivar (La Columna) 5,007 m |
Environment - current issues | NA | sewage pollution of Lago de Valencia; oil and urban pollution of Lago de Maracaibo; deforestation; soil degradation; urban and industrial pollution, especially along the Caribbean coast; threat to the rainforest ecosystem from irresponsible mining operations |
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 Treaty, Biodiversity, Climate Change, Desertification, Endangered Species, Hazardous Wastes, Marine Life Conservation, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Tropical Timber 94, Wetlands |
Ethnic groups | French 47%, Monegasque 16%, Italian 16%, other 21% | Spanish, Italian, Portuguese, Arab, German, African, indigenous people |
Exchange rates | euros per US dollar - 0.8041 (2005), 0.8054 (2004), 0.886 (2003), 1.0626 (2002), 1.1175 (2001) | bolivares per US dollar - 1,607.79 (2003), 1,160.95 (2002), 723.666 (2001), 679.96 (2000), 605.717 (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 Hugo CHAVEZ Frias (since 3 February 1999); Vice President Jose Vicente RANGEL (since 28 April 2002); note - the president is both the chief of state and head of government
head of government: President Hugo CHAVEZ Frias (since 3 February 1999); Vice President Jose Vicente RANGEL (since 28 April 2002); note - the president is both the chief of state and head of government cabinet: Council of Ministers appointed by the president elections: president elected by popular vote for a six-year term; election last held 30 July 2000 (next to be held NA 2006) election results: Hugo CHAVEZ Frias reelected president; percent of vote - 60% note: a special presidential recall vote on 15 August 2004 resulted in a victory for CHAVEZ; percent of vote - 58% in favor of CHAVEZ fulfilling the remaining two years of his term, 42% in favor of terminating his presidency immediately |
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 (2001) |
Exports - commodities | - | petroleum, bauxite and aluminum, steel, chemicals, agricultural products, basic manufactures |
Exports - partners | - | US 52.9%, Netherlands Antilles 5%, Dominican Republic 3% (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 | three equal horizontal bands of yellow (top), blue, and red with the coat of arms on the hoist side of the yellow band and an arc of seven white five-pointed stars centered in the blue band |
GDP | - | purchasing power parity - $117.9 billion (2003 est.) |
GDP - composition by sector | agriculture: 17%
industry: NA% services: NA% |
agriculture: 5%
industry: 50% services: 45% (2004 est.) |
GDP - per capita | - | purchasing power parity - $4,800 (2003 est.) |
GDP - real growth rate | 0.9% (2000 est.) | -9.2% (2003 est.) |
Geographic coordinates | 43 44 N, 7 24 E | 8 00 N, 66 00 W |
Geography - note | second-smallest independent state in the world (after Holy See); almost entirely urban | on major sea and air routes linking North and South America; Angel Falls in the Guiana Highlands is the world's highest waterfall |
Heliports | 1 (2006) | - |
Highways | - | total: 96,155 km
paved: 32,308 km unpaved: 63,847 km (1999 est.) |
Household income or consumption by percentage share | lowest 10%: NA%
highest 10%: NA% |
lowest 10%: 0.8%
highest 10%: 36.5% (1998) |
Illicit drugs | - | small-scale illicit producer of opium and coca for the processing of opiates and coca derivatives; however, large quantities of cocaine, heroin, and marijuana transit the country from Colombia bound for US and Europe; significant narcotics-related money-laundering activity, especially along the border with Colombia and on Margarita Island; active eradication program primarily targeting opium; increasing signs of drug-related activities by Colombian insurgents on border |
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 (2001) |
Imports - commodities | - | raw materials, machinery and equipment, transport equipment, construction materials |
Imports - partners | - | US 28.8%, Colombia 7%, Brazil 6.6%, Mexico 4.3% (2003) |
Independence | 1419 (beginning of the rule by the House of Grimaldi) | 5 July 1811 (from Spain) |
Industrial production growth rate | NA% | -15.4% (2003 est.) |
Industries | tourism, construction, small-scale industrial and consumer products | petroleum, iron ore mining, construction materials, food processing, textiles, steel, aluminum, motor vehicle assembly |
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: 22.99 deaths/1,000 live births
male: 26.18 deaths/1,000 live births female: 19.57 deaths/1,000 live births (2004 est.) |
Inflation rate (consumer prices) | 1.9% (2000) | 31.1% (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 | CAN, CDB, FAO, G-3, G-15, G-24, G-77, IADB, IAEA, IBRD, ICAO, ICC, ICCt, ICFTU, ICRM, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Interpol, IOC, IOM, ISO, ITU, LAES, LAIA, Mercosur (associate), MIGA, NAM, OAS, OPANAL, OPCW, OPEC, PCA, RG, UN, UNCTAD, UNESCO, UNHCR, UNIDO, UPU, WCL, WCO, WFTU, WHO, WIPO, WMO, WToO, WTO |
Irrigated land | NA | 540 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 Tribunal of Justice or Tribuna Suprema de Justicia (magistrates are elected by the National Assembly for a single 12-year term) |
Labor force | 41,110
note: includes workers from all foreign countries (2004) |
11.38 million (2003) |
Labor force - by occupation | - | agriculture 13%, industry 23%, services 64% (1997 est.) |
Land boundaries | total: 4.4 km
border countries: France 4.4 km |
total: 4,993 km
border countries: Brazil 2,200 km, Colombia 2,050 km, Guyana 743 km |
Land use | arable land: 0%
permanent crops: 0% other: 100% (urban area) (2005) |
arable land: 2.95%
permanent crops: 0.92% other: 96.13% (2001) |
Languages | French (official), English, Italian, Monegasque | Spanish (official), numerous indigenous dialects |
Legal system | based on French law; has not accepted compulsory ICJ jurisdiction | based on organic laws as of July 1999; open, adversarial court system; 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 Asamblea Nacional (165 seats; members elected by popular vote to serve five-year terms; three seats reserved for the indigenous peoples of Venezuela)
elections: last held 30 July 2000 (next to be held July 2005) election results: percent of vote by party - NA%; seats by party - pro-government 108 (MVR 92, MAS 6, indigenous 3, other 7), opposition 57 (AD 33, COPEI 6, Justice First 5, other 13) |
Life expectancy at birth | total population: 79.69 years
male: 75.85 years female: 83.74 years (2006 est.) |
total population: 74.06 years
male: 71.02 years female: 77.32 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: 93.4% male: 93.8% female: 93.1% (2003 est.) |
Location | Western Europe, bordering the Mediterranean Sea on the southern coast of France, near the border with Italy | Northern South America, bordering the Caribbean Sea and the North Atlantic Ocean, between Colombia and Guyana |
Map references | Europe | South America |
Maritime claims | territorial sea: 12 nm | territorial sea: 12 nm
contiguous zone: 15 nm exclusive economic zone: 200 nm continental shelf: 200-m depth or to the depth of exploitation |
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: 48 ships (1,000 GRT or over) 740,919 GRT/1,191,483 DWT
by type: bulk 6, cargo 7, container 2, liquefied gas 5, multi-functional large load carrier 1, passenger 1, passenger/cargo 1, petroleum tanker 16, roll on/roll off 8, short-sea/passenger 1 foreign-owned: Belgium 1, Denmark 2, Greece 2, Spain 1, United States 2 registered in other countries: 4 (2004 est.) |
Military - note | defense is the responsibility of France; the Palace Guard performs ceremonial duties (2003) | - |
Military branches | - | National Armed Forces (Fuerzas Armadas Nacionales or FAN) includes Ground Forces or Army (Fuerzas Terrestres or Ejercito), Naval Forces (Fuerzas Navales or Armada - including marines and Coast Guard), Air Force (Fuerzas Aereas or Aviacion), Armed Forces of Cooperation or National Guard (Fuerzas Armadas de Cooperacion or Guardia Nacional) |
Military expenditures - dollar figure | - | $1,125.6 million (2003) |
Military expenditures - percent of GDP | - | 1.3% (2003) |
Military manpower - availability | - | males age 15-49: 6,886,775 (2004 est.) |
Military manpower - fit for military service | - | males age 15-49: 4,953,803 (2004 est.) |
Military manpower - reaching military age annually | - | males: 250,730 (2004 est.) |
National holiday | National Day (Prince of Monaco Holiday), 19 November | Independence Day, 5 July (1811) |
Nationality | noun: Monegasque(s) or Monacan(s)
adjective: Monegasque or Monacan |
noun: Venezuelan(s)
adjective: Venezuelan |
Natural hazards | NA | subject to floods, rockslides, mudslides; periodic droughts |
Natural resources | none | petroleum, natural gas, iron ore, gold, bauxite, other minerals, hydropower, diamonds |
Net migration rate | 7.68 migrant(s)/1,000 population (2006 est.) | -0.04 migrant(s)/1,000 population (2004 est.) |
Pipelines | - | extra heavy crude 992 km; gas 5,262 km; oil 7,360 km; refined products 1,681 km; unknown (oil/water) 141 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 Action or AD [Henry RAMOS Allup]; Fifth Republic Movement or MVR [Hugo CHAVEZ]; Homeland for All or PPT [Jose ALBORNOZ]; Justice First [Julio BORGES]; Movement Toward Socialism or MAS [Hector MUJICA]; National Convergence or Convergencia [Juan Jose CALDERA]; Radical Cause or La Causa R [Andres VELASQUEZ]; Social Christian Party or COPEI [Eduardo FERNANDEZ]; Venezuela Project or PV [Henrique SALAS Romer] |
Political pressure groups and leaders | NA | FEDECAMARAS, a conservative business group; VECINOS groups; Venezuelan Confederation of Workers or CTV (labor organization dominated by the Democratic Action) |
Population | 32,543 (July 2006 est.) | 25,017,387 (July 2004 est.) |
Population below poverty line | NA% | 47% (1998 est.) |
Population growth rate | 0.4% (2006 est.) | 1.44% (2004 est.) |
Ports and harbors | - | Amuay, Bajo Grande, El Tablazo, La Guaira, La Salina, Maracaibo, Matanzas, Palua, Puerto Cabello, Puerto la Cruz, Puerto Ordaz, Puerto Sucre, Punta Cardon |
Radio broadcast stations | AM 1, FM NA, shortwave 8 (1998) | AM 201, FM NA (20 in Caracas), shortwave 11 (1998) |
Railways | - | total: 682 km
standard gauge: 682 km 1.435-m gauge (2003) |
Religions | Roman Catholic 90% | nominally Roman Catholic 96%, Protestant 2%, other 2% |
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: 1.07 male(s)/female 15-64 years: 1.01 male(s)/female 65 years and over: 0.83 male(s)/female total population: 1.02 male(s)/female (2004 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: modern and expanding
domestic: domestic satellite system with 3 earth stations; recent substantial improvement in telephone service in rural areas; substantial increase in digitalization of exchanges and trunk lines; installation of a national interurban fiber-optic network capable of digital multimedia services international: country code - 58; 3 submarine coaxial cables; satellite earth stations - 1 Intelsat (Atlantic Ocean) and 1 PanAmSat; participating with Colombia, Ecuador, Peru, and Bolivia in the construction of an international fiber-optic network |
Telephones - main lines in use | 33,700 (2002) | 2,841,800 (2002) |
Telephones - mobile cellular | 19,300 (2002) | 6,463,600 (2002) |
Television broadcast stations | 5 (1998) | 66 (plus 45 repeaters) (1997) |
Terrain | hilly, rugged, rocky | Andes Mountains and Maracaibo Lowlands in northwest; central plains (llanos); Guiana Highlands in southeast |
Total fertility rate | 1.76 children born/woman (2006 est.) | 2.31 children born/woman (2004 est.) |
Unemployment rate | 22% (1999) | 18% (2003 est.) |
Waterways | - | 7,100 km
note: Orinoco River and Lake de Maracaibo navigable by oceangoing vessels, Orinoco for 400 km (2004) |