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Compare Monaco (2007) - British Virgin Islands (2006)
Compare Monaco (2007) z British Virgin Islands (2006)
| Monaco (2007) | British Virgin Islands (2006) | |
 |  | |
| 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% (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: 20.5% (male 2,403/female 2,331)
15-64 years: 74.3% (male 8,811/female 8,340) 65 years and over: 5.3% (male 636/female 577) (2006 est.) |
| Agriculture - products | none | fruits, vegetables; livestock, poultry; fish |
| Airports | - | 3 (2006) |
| Airports - with paved runways | - | total: 2
914 to 1,523 m: 1 under 914 m: 1 (2006) |
| Airports - with unpaved runways | - | total: 1
914 to 1,523 m: 1 (2006) |
| Area | total: 1.95 sq km
land: 1.95 sq km water: 0 sq km |
total: 153 sq km
land: 153 sq km water: 0 sq km note: comprised of 16 inhabited and more than 20 uninhabited islands; includes the islands of Tortola, Anegada, Virgin Gorda, Jost van Dyke |
| Area - comparative | about three times the size of The Mall in Washington, DC | about 0.9 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. | First inhabited by Arawak and later by Carib Indians, the Virgin Islands were settled by the Dutch in 1648 and then annexed by the English in 1672. The islands were part of the British colony of the Leeward Islands from 1872-1960; they were granted autonomy in 1967. The economy is closely tied to the larger and more populous US Virgin Islands to the west; the US dollar is the legal currency. |
| Birth rate | 9.12 births/1,000 population (2007 est.) | 14.89 births/1,000 population (2006 est.) |
| Budget | revenues: $863 million
expenditures: $920.6 million (2005 est.) |
revenues: $204.7 million
expenditures: $180.4 million; including capital expenditures of $33.8 million (1997) |
| 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: Road Town
geographic coordinates: 18 27 N, 64 37 W time difference: UTC-4 (1 hour ahead of Washington, DC during Standard Time) |
| Climate | Mediterranean with mild, wet winters and hot, dry summers | subtropical; humid; temperatures moderated by trade winds |
| Coastline | 4.1 km | 80 km |
| Constitution | 17 December 1962 | 1 June 1977, amended in 2000 |
| 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: British Virgin Islands abbreviation: BVI |
| Death rate | 12.92 deaths/1,000 population (2007 est.) | 4.42 deaths/1,000 population (2006 est.) |
| Debt - external | $18 billion (2000 est.) | $36.1 million (1997) |
| Dependency status | - | overseas territory of the UK; internal self-governing |
| 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 | none (overseas territory of the UK) |
| 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 |
none (overseas territory of the UK) |
| Disputes - international | none | none |
| Economic aid - recipient | $NA | $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. | The economy, one of the most stable and prosperous in the Caribbean, is highly dependent on tourism, generating an estimated 45% of the national income. An estimated 350,000 tourists, mainly from the US, visited the islands in 1998. Tourism suffered in 2002 because of the lackluster US economy. In the mid-1980s, the government began offering offshore registration to companies wishing to incorporate in the islands, and incorporation fees now generate substantial revenues. Roughly 400,000 companies were on the offshore registry by yearend 2000. The adoption of a comprehensive insurance law in late 1994, which provides a blanket of confidentiality with regulated statutory gateways for investigation of criminal offenses, made the British Virgin Islands even more attractive to international business. Livestock raising is the most important agricultural activity; poor soils limit the islands' ability to meet domestic food requirements. Because of traditionally close links with the US Virgin Islands, the British Virgin Islands has used the US dollar as its currency since 1959. |
| Electricity - consumption | NA kWh | 32.13 million kWh (2003) |
| Electricity - exports | - | 0 kWh (2003) |
| Electricity - imports | NA kWh; note - electricity supplied by France | 0 kWh (2003) |
| Electricity - production | - | 34.55 million kWh (2003) |
| Elevation extremes | lowest point: Mediterranean Sea 0 m
highest point: Mont Agel 140 m |
lowest point: Caribbean Sea 0 m
highest point: Mount Sage 521 m |
| Environment - current issues | NA | limited natural fresh water resources (except for a few seasonal streams and springs on Tortola, most of the islands' water supply comes from wells and rainwater catchments) |
| 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 |
- |
| Ethnic groups | French 47%, Monegasque 16%, Italian 16%, other 21% | black 83%, white, Indian, Asian and mixed |
| Exchange rates | euros per US dollar - 0.7964 (2006), 0.8041 (2005), 0.8054 (2004), 0.886 (2003), 1.0626 (2002) | 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 David PEAREY (since 18 April 2006)
head of government: Chief Minister Dr. Orlando D. SMITH (since 17 June 2003) cabinet: Executive Council appointed by the governor from members of the Legislative Council elections: none; the monarch is hereditary; governor appointed by the monarch; following legislative elections, the leader of the majority party or the leader of the majority coalition is usually appointed chief minister by the governor |
| 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) |
NA bbl/day |
| Exports - commodities | - | rum, fresh fish, fruits, animals; gravel, sand |
| Exports - partners | - | Virgin Islands (US), Puerto Rico, US (2004) |
| Fiscal year | calendar year | 1 April - 31 March |
| 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 Virgin Islander coat of arms centered in the outer half of the flag; the coat of arms depicts a woman flanked on either side by a vertical column of six oil lamps above a scroll bearing the Latin word VIGILATE (Be Watchful) |
| GDP - composition by sector | agriculture: 0%
industry: 4.9% services: 95.1% (2005) |
agriculture: 1.8%
industry: 6.2% services: 92% (1996 est.) |
| GDP - real growth rate | 0.9% (2000 est.) | 1% (2002 est.) |
| Geographic coordinates | 43 44 N, 7 24 E | 18 30 N, 64 30 W |
| Geography - note | second-smallest independent state in the world (after Holy See); almost entirely urban | strong ties to nearby US Virgin Islands and Puerto Rico |
| Heliports | 1 (2007) | - |
| 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; large offshore financial center makes it vulnerable to money laundering |
| 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 | - | building materials, automobiles, foodstuffs, machinery |
| Imports - partners | - | Virgin Islands (US), Puerto Rico, US (2004) |
| Independence | 1419 (beginning of 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, light industry, construction, rum, concrete block, offshore financial center |
| 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: 16.72 deaths/1,000 live births
male: 19.5 deaths/1,000 live births female: 13.79 deaths/1,000 live births (2006 est.) |
| Inflation rate (consumer prices) | 1.9% (2000) | 2% (2005) |
| 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 | Caricom (associate), CDB, Interpol (subbureau), IOC, OECS (associate), UNESCO (associate), 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) | Eastern Caribbean Supreme Court, consisting of the High Court of Justice and the Court of Appeal (one judge of the Supreme Court is a resident of the islands and presides over the High Court); Magistrate's Court; Juvenile Court; Court of Summary Jurisdiction |
| Labor force | 44,000
note: includes workers from all foreign countries (2005 est.) |
12,770 (2004) |
| Labor force - by occupation | - | agriculture: 0.6%
industry: 40% services: 59.4% |
| 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: 20%
permanent crops: 6.67% other: 73.33% (2005) |
| Languages | French (official), English, Italian, Monegasque | English (official) |
| Legal system | based on French law; has not accepted compulsory ICJ jurisdiction | English 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 |
unicameral Legislative Council (13 seats; members are elected by direct popular vote, 1 member from each of nine electoral districts, 4 at-large members; members serve four-year terms)
elections: last held 16 May 2003 (next to be held in 2007) election results: percent of vote by party - NA%; seats by party - NDP 8, VIP 5 |
| Life expectancy at birth | total population: 79.82 years
male: 75.99 years female: 83.85 years (2007 est.) |
total population: 76.68 years
male: 75.56 years female: 77.84 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: 97.8% (1991 est.) male: NA% female: NA% |
| Location | Western Europe, bordering the Mediterranean Sea on the southern coast of France, near the border with Italy | Caribbean, between the Caribbean Sea and the North Atlantic Ocean, east of Puerto Rico |
| Map references | Europe | Central America and the Caribbean |
| Maritime claims | territorial sea: 12 nm | territorial sea: 3 nm
exclusive fishing 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) | registered in other countries: 1 (North Korea 1) (2006) |
| 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 (Saint Rainier's Day), 19 November (1857) | Territory Day, 1 July |
| Nationality | noun: Monegasque(s) or Monacan(s)
adjective: Monegasque or Monacan |
noun: British Virgin Islander(s)
adjective: British Virgin Islander |
| Natural hazards | NA | hurricanes and tropical storms (July to October) |
| Natural resources | none | NEGL |
| Net migration rate | 7.65 migrant(s)/1,000 population (2007 est.) | 9.22 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) | Concerned Citizens Movement or CCM [Ethlyn SMITH]; National Democratic Party or NDP [Orlando SMITH]; United Party or UP [Gregory MADURO]; Virgin Islands Party or VIP [Ralph T. O'NEAL] |
| Political pressure groups and leaders | NA | NA |
| Population | 32,671 (July 2007 est.) | 23,098 (July 2006 est.) |
| Population below poverty line | NA% | NA% |
| Population growth rate | 0.386% (2007 est.) | 1.97% (2006 est.) |
| Radio broadcast stations | AM 1, FM NA, shortwave 8 (1998) | AM 1, FM 5, shortwave 0 (2004) |
| Religions | Roman Catholic 90%, other 10% | Protestant 86% (Methodist 33%, Anglican 17%, Church of God 9%, Seventh-Day Adventist 6%, Baptist 4%, Jehovah's Witnesses 2%, other 15%), Roman Catholic 10%, none 2%, other 2% (1991) |
| 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: 1.05 male(s)/female
under 15 years: 1.03 male(s)/female 15-64 years: 1.06 male(s)/female 65 years and over: 1.1 male(s)/female total population: 1.05 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: worldwide telephone service
domestic: NA international: country code - 1-284; submarine cable to Bermuda |
| Telephones - main lines in use | 34,000 (2005) | 11,700 (2002) |
| Telephones - mobile cellular | 17,200 (2005) | 8,000 (2002) |
| Television broadcast stations | 5 (1998) | 1 (plus one cable company) (1997) |
| Terrain | hilly, rugged, rocky | coral islands relatively flat; volcanic islands steep, hilly |
| Total fertility rate | 1.75 children born/woman (2007 est.) | 1.72 children born/woman (2006 est.) |
| Unemployment rate | 0% (2005) | 3.6% (1997) |
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