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Compare Monaco (2007) - Bahamas, The (2006)

Compare Monaco (2007) z Bahamas, The (2006)

 Monaco (2007)Bahamas, The (2006)
 MonacoBahamas, The
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 21 districts; Acklins and Crooked Islands, Bimini, Cat Island, Exuma, Freeport, Fresh Creek, Governor's Harbour, Green Turtle Cay, Harbour Island, High Rock, Inagua, Kemps Bay, Long Island, Marsh Harbour, Mayaguana, New Providence, Nichollstown and Berry Islands, Ragged Island, Rock Sound, Sandy Point, San Salvador and Rum Cay
Age structure 0-14 years: 15% (male 2,514/female 2,394)


15-64 years: 62.3% (male 10,047/female 10,312)


65 years and over: 22.7% (male 3,019/female 4,385) (2007 est.)
0-14 years: 27.5% (male 41,799/female 41,733)


15-64 years: 66.1% (male 98,847/female 102,074)


65 years and over: 6.4% (male 7,891/female 11,426) (2006 est.)
Agriculture - products none citrus, vegetables; poultry
Airports - 64 (2006)
Airports - with paved runways - total: 29


over 3,047 m: 2


2,438 to 3,047 m: 3


1,524 to 2,437 m: 14


914 to 1,523 m: 9


under 914 m: 1 (2006)
Airports - with unpaved runways - total: 35


1,524 to 2,437 m: 3


914 to 1,523 m: 10


under 914 m: 22 (2006)
Area total: 1.95 sq km


land: 1.95 sq km


water: 0 sq km
total: 13,940 sq km


land: 10,070 sq km


water: 3,870 sq km
Area - comparative about three times the size of The Mall in Washington, DC slightly smaller than Connecticut
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. Lucayan Indians inhabited the islands when Christopher Columbus first set foot in the New World on San Salvador in 1492. British settlement of the islands began in 1647; the islands became a colony in 1783. Since attaining independence from the UK in 1973, The Bahamas have prospered through tourism and international banking and investment management. Because of its geography, the country is a major transshipment point for illegal drugs, particularly shipments to the US, and its territory is used for smuggling illegal migrants into the US.
Birth rate 9.12 births/1,000 population (2007 est.) 17.57 births/1,000 population (2006 est.)
Budget revenues: $863 million


expenditures: $920.6 million (2005 est.)
revenues: $1.03 billion


expenditures: $1.03 billion; including capital expenditures of $130 million (FY04/05)
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: Nassau


geographic coordinates: 25 05 N, 77 21 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 warm waters of Gulf Stream
Coastline 4.1 km 3,542 km
Constitution 17 December 1962 10 July 1973
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: Commonwealth of The Bahamas


conventional short form: The Bahamas
Death rate 12.92 deaths/1,000 population (2007 est.) 9.05 deaths/1,000 population (2006 est.)
Debt - external $18 billion (2000 est.) $342.6 million (2004 est.)
Diplomatic representation from the US the US does not have an embassy in Monaco; the US Ambassador to France is accredited to Monaco; the US Consul General in Marseille (France), under the authority of the US ambassador to France, handles routine diplomatic and consular matters concerning Monaco chief of mission: Ambassador John D. ROOD


embassy: 42 Queen Street, Nassau


mailing address: local or express mail address: P. O. Box N-8197, Nassau; US Department of State, 3370 Nassau Place, Washington, DC 20521-3370


telephone: [1] (242) 322-1181, 328-2206 (after hours)


FAX: [1] (242) 356-0222
Diplomatic representation in the US chief of mission: Ambassador to the US and UN Gilles NOGHES


chancery: 565 Fifth Avenue, 3rd floor, New York, NY 10017


telephone: (212) 286-0500


FAX: (212) 286-1574
chief of mission: vacant


chancery: 2220 Massachusetts Avenue NW, Washington, DC 20008


telephone: [1] (202) 319-2660


FAX: [1] (202) 319-2668


consulate(s) general: Miami, New York
Disputes - international none disagrees with the US on the alignment of the maritime boundary; continues to monitor and interdict Haitian refugees fleeing economic privation and political instability
Economic aid - recipient $NA $5 million (2004)
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 Bahamas is a stable, developing nation with an economy heavily dependent on tourism and offshore banking. Tourism together with tourism-driven construction and manufacturing accounts for approximately 60% of GDP and directly or indirectly employs half of the archipelago's labor force. Steady growth in tourism receipts and a boom in construction of new hotels, resorts, and residences had led to solid GDP growth in recent years, but the slowdown in the US economy and the attacks of 11 September 2001 held back growth in these sectors in 2001-03. The current government has presided over a period of economic recovery and an upturn in large-scale private sector investments in tourism. Financial services constitute the second-most important sector of the Bahamian economy, accounting for about 15% of GDP. However, since December 2000, when the government enacted new regulations on the financial sector, many international businesses have left The Bahamas. Manufacturing and agriculture together contribute approximately a tenth of GDP and show little growth, despite government incentives aimed at those sectors. Overall growth prospects in the short run rest heavily on the fortunes of the tourism sector, which depends on growth in the US, the source of more than 80% of the visitors.
Electricity - consumption NA kWh 1.683 billion kWh (2003)
Electricity - exports - 0 kWh (2003)
Electricity - imports NA kWh; note - electricity supplied by France 0 kWh (2003)
Electricity - production - 1.81 billion kWh (2003)
Elevation extremes lowest point: Mediterranean Sea 0 m


highest point: Mont Agel 140 m
lowest point: Atlantic Ocean 0 m


highest point: Mount Alvernia, on Cat Island 63 m
Environment - current issues NA coral reef decay; solid waste disposal
Environment - international agreements party to: Air Pollution, Air Pollution-Sulfur 94, Air Pollution-Volatile Organic Compounds, Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Hazardous Wastes, Law of the Sea, Marine Dumping, Ozone Layer Protection, Ship Pollution, Wetlands, Whaling


signed, but not ratified: none of the selected agreements
party to: Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Hazardous Wastes, Law of the Sea, Ozone Layer Protection, Ship Pollution, Wetlands


signed, but not ratified: none of the selected agreements
Ethnic groups French 47%, Monegasque 16%, Italian 16%, other 21% black 85%, white 12%, Asian and Hispanic 3%
Exchange rates euros per US dollar - 0.7964 (2006), 0.8041 (2005), 0.8054 (2004), 0.886 (2003), 1.0626 (2002) Bahamian dollars per US dollar - 1 (2005), 1 (2004), 1 (2003), 1 (2002), 1 (2001)
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 General Arthur D. HANNA (since 1 February 2006)


head of government: Prime Minister Perry CHRISTIE (since 3 May 2002) and Deputy Prime Minister Cynthia PRATT (since 7 May 2002)


cabinet: Cabinet appointed by the governor general on the prime minister's recommendation


elections: none; the monarch is hereditary; governor general appointed by the monarch; following legislative elections, the leader of the majority party or the leader of the majority coalition is usually appointed prime minister by the governor general; the prime minister recommends the deputy prime minister
Exports $716.3 million


note: full customs integration with France, which collects and rebates Monegasque trade duties; also participates in EU market system through customs union with France (2005)
transhipments of 29,000 bbl/day (2003)
Exports - commodities - mineral products and salt, animal products, rum, chemicals, fruit and vegetables
Exports - partners - US 31%, Spain 29.7%, Poland 9.3%, Germany 5.6%, Guatemala 4.1% (2005)
Fiscal year calendar year 1 July - 30 June
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 aquamarine (top), gold, and aquamarine, with a black equilateral triangle based on the hoist side
GDP - composition by sector agriculture: 0%


industry: 4.9%


services: 95.1% (2005)
agriculture: 3%


industry: 7%


services: 90% (2001 est.)
GDP - real growth rate 0.9% (2000 est.) 3.7% (2005 est.)
Geographic coordinates 43 44 N, 7 24 E 24 15 N, 76 00 W
Geography - note second-smallest independent state in the world (after Holy See); almost entirely urban strategic location adjacent to US and Cuba; extensive island chain of which 30 are inhabited
Heliports 1 (2007) 1 (2006)
Household income or consumption by percentage share lowest 10%: NA%


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


highest 10%: 27%
Illicit drugs - transshipment point for cocaine and marijuana bound for US and Europe; offshore financial center
Imports $916.1 million


note: full customs integration with France, which collects and rebates Monegasque trade duties; also participates in EU market system through customs union with France (2005)
NA bbl/day
Imports - commodities - machinery and transport equipment, manufactures, chemicals, mineral fuels; food and live animals
Imports - partners - US 22.5%, South Korea 20.2%, Spain 7.8%, Brazil 7.1%, Italy 6.5%, Germany 5.4% (2005)
Independence 1419 (beginning of rule by the House of Grimaldi) 10 July 1973 (from UK)
Industrial production growth rate NA% NA%
Industries tourism, construction, small-scale industrial and consumer products tourism, banking, cement, oil transshipment, salt, rum, aragonite, pharmaceuticals, spiral-welded steel pipe
Infant mortality rate total: 5.27 deaths/1,000 live births


male: 6.09 deaths/1,000 live births


female: 4.4 deaths/1,000 live births (2007 est.)
total: 24.68 deaths/1,000 live births


male: 30.29 deaths/1,000 live births


female: 18.96 deaths/1,000 live births (2006 est.)
Inflation rate (consumer prices) 1.9% (2000) 1.2% ( 2004)
International organization participation ACCT, CE, FAO, IAEA, ICAO, ICC, ICCt (signatory), ICRM, IFRCS, IHO, IMO, IMSO, Interpol, IOC, IPU, ITSO, ITU, OIF, OPCW, OSCE, UN, UNCTAD, UNESCO, UNIDO, Union Latina, UNITAR, UNWTO, UPU, WHO, WIPO, WMO ACP, C, Caricom, CDB, FAO, G-77, IADB, IBRD, ICAO, ICCt (signatory), ICFTU, ICRM, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOM, IOC, ITU, MIGA, NAM, OAS, OPANAL, OPCW (signatory), UN, UNCTAD, UNESCO, UNIDO, UPU, WCO, WHO, WIPO, WMO, WTO (observer), WToO
Irrigated land NA 10 sq km (2003)
Judicial branch Supreme Court or Tribunal Supreme (judges appointed by the monarch on the basis of nominations by the National Council) Privy Council (London); Courts of Appeal; Supreme (lower) Court; magistrates courts
Labor force 44,000


note: includes workers from all foreign countries (2005 est.)
176,300 (2004)
Labor force - by occupation - agriculture 5%, industry 5%, tourism 50%, other services 40% (2005 est.)
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: 0.58%


permanent crops: 0.29%


other: 99.13% (2005)
Languages French (official), English, Italian, Monegasque English (official), Creole (among Haitian immigrants)
Legal system based on French law; has not accepted compulsory ICJ jurisdiction based on English common law
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
bicameral Parliament consists of the Senate (16-member body appointed by the governor general upon the advice of the prime minister and the opposition leader for five-year terms) and the House of Assembly (40 seats; members elected by direct popular vote to serve five-year terms); the government may dissolve the Parliament and call elections at any time


elections: last held 1 May 2002 (next to be held by May 2007)


election results: percent of vote by party - PLP 50.8%, FNM 41.1%, independents 5.2%; seats by party - PLP 29, FNM 7, independents 4
Life expectancy at birth total population: 79.82 years


male: 75.99 years


female: 83.85 years (2007 est.)
total population: 65.6 years


male: 62.24 years


female: 69.03 years (2006 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: 95.6%


male: 94.7%


female: 96.5% (2003 est.)
Location Western Europe, bordering the Mediterranean Sea on the southern coast of France, near the border with Italy Caribbean, chain of islands in the North Atlantic Ocean, southeast of Florida, northeast of Cuba
Map references Europe Central America and the Caribbean
Maritime claims territorial sea: 12 nm territorial sea: 12 nm


exclusive economic zone: 200 nm
Merchant marine registered in other countries: 64 (Bahamas 11, Barbados 1, Georgia 10, Isle of Man 3, Liberia 8, Malta 1, Marshall Islands 7, Norway 5, Panama 11, St Kitts and Nevis 1, St Vincent and The Grenadines 6, unknown 1) (2007) total: 1,177 ships (1000 GRT or over) 37,743,270 GRT/50,918,747 DWT


by type: barge carrier 1, bulk carrier 253, cargo 250, chemical tanker 64, container 79, liquefied gas 35, livestock carrier 2, passenger 115, passenger/cargo 34, petroleum tanker 175, refrigerated cargo 114, roll on/roll off 20, specialized tanker 5, vehicle carrier 30


foreign-owned: 1,093 (Angola 5, Australia 2, Belgium 13, Canada 18, China 3, Cuba 1, Cyprus 13, Denmark 59, Estonia 1, Finland 8, France 37, Germany 22, Greece 232, Hong Kong 8, Iceland 1, India 1, Indonesia 4, Ireland 2, Israel 1, Italy 5, Japan 51, Jordan 2, Kenya 1, Latvia 1, Malaysia 12, Monaco 17, Montenegro 2, Netherlands 24, Nigeria 2, Norway 259, Philippines 1, Poland 15, Reunion 1, Russia 6, Saudi Arabia 12, Singapore 12, Slovenia 1, Spain 12, Sweden 6, Switzerland 2, Thailand 1, Turkey 8, UAE 16, UK 69, Uruguay 2, US 121, Venezuela 1)


registered in other countries: 4 (Barbados 1, Liberia 1, Panama 2) (2006)
Military - note defense is the responsibility of France; the Palace Guard performs ceremonial duties (2003) -
Military branches - Royal Bahamian Defense Force: Marines, Air Wing (2006)
Military expenditures - dollar figure - NA
Military expenditures - percent of GDP - NA
National holiday National Day (Saint Rainier's Day), 19 November (1857) Independence Day, 10 July (1973)
Nationality noun: Monegasque(s) or Monacan(s)


adjective: Monegasque or Monacan
noun: Bahamian(s)


adjective: Bahamian
Natural hazards NA hurricanes and other tropical storms cause extensive flood and wind damage
Natural resources none salt, aragonite, timber, arable land
Net migration rate 7.65 migrant(s)/1,000 population (2007 est.) -2.17 migrant(s)/1,000 population (2006 est.)
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) Free National Movement or FNM [Hubert INGRAHAM]; Progressive Liberal Party or PLP [Perry CHRISTIE]
Political pressure groups and leaders NA NA
Population 32,671 (July 2007 est.) 303,770


note: estimates for this country explicitly take into account the effects of excess mortality due to AIDS; this can result in lower life expectancy, higher infant mortality and death rates, lower population and growth rates, and changes in the distribution of population by age and sex than would otherwise be expected (July 2006 est.)
Population below poverty line NA% 9.3% (2004)
Population growth rate 0.386% (2007 est.) 0.64% (2006 est.)
Radio broadcast stations AM 1, FM NA, shortwave 8 (1998) AM 3, FM 5, shortwave 0 (2006)
Religions Roman Catholic 90%, other 10% Baptist 35.4%, Anglican 15.1%, Roman Catholic 13.5%, Pentecostal 8.1%, Church of God 4.8%, Methodist 4.2%, other Christian 15.2%, none or unspecified 2.9%, other 0.8% (2000 census)
Sex ratio at birth: 1.06 male(s)/female


under 15 years: 1.05 male(s)/female


15-64 years: 0.974 male(s)/female


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


total population: 0.912 male(s)/female (2007 est.)
at birth: 1.02 male(s)/female


under 15 years: 1 male(s)/female


15-64 years: 0.97 male(s)/female


65 years and over: 0.69 male(s)/female


total population: 0.96 male(s)/female (2006 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 facilities


domestic: totally automatic system; highly developed


international: country code - 1-242; tropospheric scatter and submarine cable to Florida; 3 coaxial submarine cables; satellite earth station - 2 (2005)
Telephones - main lines in use 34,000 (2005) 139,900 (2004)
Telephones - mobile cellular 17,200 (2005) 186,000 (2004)
Television broadcast stations 5 (1998) 2 (2006)
Terrain hilly, rugged, rocky long, flat coral formations with some low rounded hills
Total fertility rate 1.75 children born/woman (2007 est.) 2.18 children born/woman (2006 est.)
Unemployment rate 0% (2005) 10.2% (2005 est.)
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