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Compare Monaco (2007) - Cayman Islands (2004)

Compare Monaco (2007) z Cayman Islands (2004)

 Monaco (2007)Cayman Islands (2004)
 MonacoCayman Islands
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 8 districts; Creek, Eastern, Midland, South Town, Spot Bay, Stake Bay, West End, Western
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: 21.4% (male 4,608; female 4,616)


15-64 years: 70.6% (male 14,858; female 15,593)


65 years and over: 8% (male 1,607; female 1,821) (2004 est.)
Agriculture - products none vegetables, fruit; livestock, turtle farming
Airports - 3 (2003 est.)
Airports - with paved runways - total: 2


1,524 to 2,437 m: 2 (2004 est.)
Airports - with unpaved runways - total: 1


914 to 1,523 m: 1 (2004 est.)
Area total: 1.95 sq km


land: 1.95 sq km


water: 0 sq km
total: 262 sq km


land: 262 sq km


water: 0 sq km
Area - comparative about three times the size of The Mall in Washington, DC 1.5 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 Cayman Islands were colonized from Jamaica by the British during the 18th and 19th centuries. Administered by Jamaica since 1863, they remained a British dependency after 1962 when the former became independent.
Birth rate 9.12 births/1,000 population (2007 est.) 13.11 births/1,000 population (2004 est.)
Budget revenues: $863 million


expenditures: $920.6 million (2005 est.)
revenues: $265.2 million


expenditures: $248.9 million, including capital expenditures of NA (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
George Town
Climate Mediterranean with mild, wet winters and hot, dry summers tropical marine; warm, rainy summers (May to October) and cool, relatively dry winters (November to April)
Coastline 4.1 km 160 km
Constitution 17 December 1962 1959, revised 1972 and 1992
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: Cayman Islands
Currency - Caymanian dollar (KYD)
Death rate 12.92 deaths/1,000 population (2007 est.) 4.76 deaths/1,000 population (2004 est.)
Debt - external $18 billion (2000 est.) $70 million (1996)
Dependency status - overseas territory of the UK
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 (1999)
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. With no direct taxation, the islands are a thriving offshore financial center. More than 40,000 companies were registered in the Cayman Islands as of 1998, including almost 600 banks and trust companies; banking assets exceed $500 billion. A stock exchange was opened in 1997. Tourism is also a mainstay, accounting for about 70% of GDP and 75% of foreign currency earnings. The tourist industry is aimed at the luxury market and caters mainly to visitors from North America. Total tourist arrivals exceeded 1.2 million in 1997, with 600,000 from the US. About 90% of the islands' food and consumer goods must be imported. The Caymanians enjoy one of the highest outputs per capita and one of the highest standards of living in the world.
Electricity - consumption NA kWh 355.2 million kWh (2001)
Electricity - exports - 0 kWh (2001)
Electricity - imports NA kWh; note - electricity supplied by France 0 kWh (2001)
Electricity - production - 381.9 million kWh (2001)
Elevation extremes lowest point: Mediterranean Sea 0 m


highest point: Mont Agel 140 m
lowest point: Caribbean Sea 0 m


highest point: The Bluff 43 m
Environment - current issues NA no natural fresh water resources; drinking water supplies must be met by 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% mixed 40%, white 20%, black 20%, expatriates of various ethnic groups 20%
Exchange rates euros per US dollar - 0.7964 (2006), 0.8041 (2005), 0.8054 (2004), 0.886 (2003), 1.0626 (2002) Caymanian dollars per US dollar - 0.82 (29 October 2001), 0.83 (3 November 1995), 0.85 (22 November 1993)
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); Governor Bruce DINWIDDY (since 29 May 2002)


head of government: Chief Secretary W. McKeeva BUSH (since NA December 2001)


cabinet: Executive Council (three members appointed by the governor, four members elected by the Legislative Assembly)


elections: none; the monarch is hereditary; the governor is appointed by the monarch; the chief secretary is appointed 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 (2001)
Exports - commodities - turtle products, manufactured consumer goods
Exports - partners - mostly US
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 Caymanian coat of arms centered on the outer half of the flag; the coat of arms includes a pineapple and turtle above a shield with three stars (representing the three islands) and a scroll at the bottom bearing the motto HE HATH FOUNDED IT UPON THE SEAS
GDP - purchasing power parity - $1.27 billion (2002 est.)
GDP - composition by sector agriculture: 0%


industry: 4.9%


services: 95.1% (2005)
agriculture: 1.4%


industry: 3.2%


services: 95.4% (1994 est.)
GDP - per capita - purchasing power parity - $35,000 (2002 est.)
GDP - real growth rate 0.9% (2000 est.) 1.7% (2002 est.)
Geographic coordinates 43 44 N, 7 24 E 19 30 N, 80 30 W
Geography - note second-smallest independent state in the world (after Holy See); almost entirely urban important location between Cuba and Central America
Heliports 1 (2007) -
Highways - total: 785 km


paved: 785 km (2000)
Household income or consumption by percentage share lowest 10%: NA%


highest 10%: NA%
lowest 10%: NA


highest 10%: NA
Illicit drugs - offshore financial center; vulnerable to drug transshipment to the US and Europe
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 (2001)
Imports - commodities - foodstuffs, manufactured goods
Imports - partners - US, Trinidad and Tobago, UK, Netherlands Antilles, Japan
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, banking, insurance and finance, construction, construction materials, furniture
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: 8.41 deaths/1,000 live births


male: 9.64 deaths/1,000 live births


female: 7.16 deaths/1,000 live births (2004 est.)
Inflation rate (consumer prices) 1.9% (2000) 2.8% (2002)
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, UNESCO (associate), UPU
Irrigated land NA NA sq km
Judicial branch Supreme Court or Tribunal Supreme (judges appointed by the monarch on the basis of nominations by the National Council) Summary Court; Grand Court; Cayman Islands Court of Appeal
Labor force 44,000


note: includes workers from all foreign countries (2005 est.)
19,820 (1995)
Labor force - by occupation - agriculture 1.4%, industry 12.6%, services 86% (1995)
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: 3.85%


permanent crops: 0%


other: 96.15% (2001)
Languages French (official), English, Italian, Monegasque English
Legal system based on French law; has not accepted compulsory ICJ jurisdiction British common law and local statutes
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 Assembly (18 seats, three appointed members from the Executive Council and 15 elected by popular vote; members serve four-year terms)


elections: last held 8 November 2000 (next to be held 17 November 2004)


election results: percent of vote - NA; seats - NA
Life expectancy at birth total population: 79.82 years


male: 75.99 years


female: 83.85 years (2007 est.)
total population: 79.81 years


male: 77.21 years


female: 82.45 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 has ever attended school


total population: 98%


male: 98%


female: 98% (1970 est.)
Location Western Europe, bordering the Mediterranean Sea on the southern coast of France, near the border with Italy Caribbean, island group in Caribbean Sea, nearly one-half of the way from Cuba to Honduras
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: 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: 137 ships (1,000 GRT or over) 2,827,837 GRT/4,555,974 DWT


by type: bulk 27, cargo 7, chemical tanker 36, container 2, liquefied gas 1, petroleum tanker 25, refrigerated cargo 33, roll on/roll off 4, short-sea/passenger 1, specialized tanker 1


foreign-owned: Germany 9, Greece 25, Hong Kong 3, Italy 14, Norway 4, Singapore 1, Spain 11, Sweden 13, Switzerland 1, United Kingdom 18, United States 43


registered in other countries: 2 (2004 est.)
Military - note defense is the responsibility of France; the Palace Guard performs ceremonial duties (2003) defense is the responsibility of the UK
Military branches - no regular military forces; Royal Cayman Islands Police Force
National holiday National Day (Saint Rainier's Day), 19 November (1857) Constitution Day, first Monday in July
Nationality noun: Monegasque(s) or Monacan(s)


adjective: Monegasque or Monacan
noun: Caymanian(s)


adjective: Caymanian
Natural hazards NA hurricanes (July to November)
Natural resources none fish, climate and beaches that foster tourism
Net migration rate 7.65 migrant(s)/1,000 population (2007 est.) 18.75 migrant(s)/1,000 population


note: major destination for Cubans trying to migrate to the US (2004 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) no national teams (loose groupings of political organizations) were formed for the 2000 elections; United Democratic Party or UDP [leader McKeeva BUSH]; People's Progressive Movement or PPM [leader Kurt TIBBETTS]
Political pressure groups and leaders NA NA
Population 32,671 (July 2007 est.) 43,103 (July 2004 est.)
Population below poverty line NA% NA (2002 est.)
Population growth rate 0.386% (2007 est.) 2.71% (2004 est.)
Ports and harbors - Cayman Brac, George Town
Radio broadcast stations AM 1, FM NA, shortwave 8 (1998) AM 1, FM 5, shortwave 0 (1998)
Religions Roman Catholic 90%, other 10% United Church (Presbyterian and Congregational), Anglican, Baptist, Church of God, other Protestant, Roman Catholic
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: 0.95 male(s)/female


65 years and over: 0.88 male(s)/female


total population: 0.96 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: NA


domestic: NA


international: country code - 1-345; 1 submarine coaxial cable; satellite earth station - 1 Intelsat (Atlantic Ocean)
Telephones - main lines in use 34,000 (2005) 38,000 (2002)
Telephones - mobile cellular 17,200 (2005) 17,000 (2002)
Television broadcast stations 5 (1998) 1 with cable system
Terrain hilly, rugged, rocky low-lying limestone base surrounded by coral reefs
Total fertility rate 1.75 children born/woman (2007 est.) 1.9 children born/woman (2004 est.)
Unemployment rate 0% (2005) 4.1% (1997)
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