Monaco (2007) | Falkland Islands (Islas Malvinas) (2001) | |
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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; also claimed by Argentina) |
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:
NA% 15-64 years: NA% 65 years and over: NA% |
Agriculture - products | none | fodder and vegetable crops; sheep, dairy products |
Airports | - | 5 (2000 est.) |
Airports - with paved runways | - | total:
2 2,438 to 3,047 m: 1 under 914 m: 1 (2000 est.) |
Airports - with unpaved runways | - | total:
3 under 914 m: 3 (2000 est.) |
Area | total: 1.95 sq km
land: 1.95 sq km water: 0 sq km |
total:
12,173 sq km land: 12,173 sq km water: 0 sq km note: includes the two main islands of East and West Falkland and about 200 small islands |
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. | Although first sighted by an English navigator in 1592, the first landing (English) did not occur until almost a century later in 1690, and the first settlement (French) was not established until 1764. The colony was turned over to Spain two years later and the islands have since been the subject of a territorial dispute, first between Britain and Spain, then between Britain and Argentina. The UK asserted its claim to the islands by establishing a naval garrison there in 1833. Argentina invaded the islands on 2 April 1982. The British responded with an expeditionary force that landed seven weeks later and after fierce fighting forced Argentine surrender on 14 June 1982. |
Birth rate | 9.12 births/1,000 population (2007 est.) | NA births/1,000 population |
Budget | revenues: $863 million
expenditures: $920.6 million (2005 est.) |
revenues:
$66.2 million expenditures: $67.9 million, including capital expenditures of $23.2 million (FY98/99 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 |
Stanley |
Climate | Mediterranean with mild, wet winters and hot, dry summers | cold marine; strong westerly winds, cloudy, humid; rain occurs on more than half of days in year; occasional snow all year, except in January and February, but does not accumulate |
Coastline | 4.1 km | 1,288 km |
Constitution | 17 December 1962 | 3 October 1985; amended 1997 and 1998 |
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: Falkland Islands (Islas Malvinas) |
Currency | - | Falkland pound (FKP) |
Death rate | 12.92 deaths/1,000 population (2007 est.) | NA deaths/1,000 population |
Debt - external | $18 billion (2000 est.) | $NA |
Dependency status | - | overseas territory of the UK; also claimed by Argentina |
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; also claimed by Argentina) |
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; also claimed by Argentina) |
Disputes - international | none | claimed by Argentina |
Economic aid - recipient | $NA | $1.7 million (1995) |
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 was formerly based on agriculture, mainly sheep farming, but today fishing contributes the bulk of economic activity. In 1987 the government began selling fishing licenses to foreign trawlers operating within the Falklands exclusive fishing zone. These license fees total more than $40 million per year, which goes to support the island's health, education, and welfare system. Squid accounts for 75% of the fish taken. Dairy farming supports domestic consumption; crops furnish winter fodder. Exports feature shipments of high-grade wool to the UK and the sale of postage stamps and coins. To encourage tourism, the Falkland Islands Development Corporation has built three lodges for visitors attracted by the abundant wildlife and trout fishing. The islands are now self-financing except for defense. The British Geological Survey announced a 200-mile oil exploration zone around the islands in 1993, and early seismic surveys suggest substantial reserves capable of producing 500,000 barrels per day; to date no exploitable site has been identified. An agreement between Argentina and the UK in 1995 seeks to defuse licensing and sovereignty conflicts that would dampen foreign interest in exploiting potential oil reserves. |
Electricity - consumption | NA kWh | 11.2 million kWh (1999) |
Electricity - exports | - | 0 kWh (1999) |
Electricity - imports | NA kWh; note - electricity supplied by France | 0 kWh (1999) |
Electricity - production | - | 12 million kWh (1999) |
Electricity - production by source | - | fossil fuel:
100% hydro: 0% nuclear: 0% other: 0% (1999) |
Elevation extremes | lowest point: Mediterranean Sea 0 m
highest point: Mont Agel 140 m |
lowest point:
Atlantic Ocean 0 m highest point: Mount Usborne 705 m |
Environment - current issues | NA | NA |
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% | British |
Exchange rates | euros per US dollar - 0.7964 (2006), 0.8041 (2005), 0.8054 (2004), 0.886 (2003), 1.0626 (2002) | Falkland pounds per US dollar - 0.6764 (January 2001), 0.6596 (2000), 0.6180 (1999), 0.6037 (1998), 0.6106 (1997), 0.6403 (1996); note - the Falkland pound is at par with the British pound |
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) head of government: Governor Donald LAMONT (since NA May 1999); Chief Executive A. M. GURR (since NA); Financial Secretary D. F. HOWATT (since NA) cabinet: Executive Council; three members elected by the Legislative Council, two ex officio members (chief executive and the financial secretary), and the governor elections: none; the monarch is hereditary; governor appointed by the monarch |
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) |
$7.6 million (1995) |
Exports - commodities | - | wool, hides, meat |
Exports - partners | - | UK, Japan, Chile, NZ |
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 Falkland Island coat of arms in a white disk centered on the outer half of the flag; the coat of arms contains a white ram (sheep raising is the major economic activity) above the sailing ship Desire (whose crew discovered the islands) with a scroll at the bottom bearing the motto DESIRE THE RIGHT |
GDP | - | purchasing power parity - $52 million (FY95/96 est.) |
GDP - composition by sector | agriculture: 0%
industry: 4.9% services: 95.1% (2005) |
agriculture:
NA% industry: NA% services: NA% |
GDP - per capita | - | purchasing power parity - $19,000 (FY95/96 est.) |
GDP - real growth rate | 0.9% (2000 est.) | 1% (FY95/96 est.) |
Geographic coordinates | 43 44 N, 7 24 E | 51 45 S, 59 00 W |
Geography - note | second-smallest independent state in the world (after Holy See); almost entirely urban | deeply indented coast provides good natural harbors; short growing season |
Heliports | 1 (2007) | - |
Highways | - | total:
440 km paved: 50 km unpaved: 390 km |
Household income or consumption by percentage share | lowest 10%: NA%
highest 10%: NA% |
lowest 10%:
NA% highest 10%: NA% |
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) |
$24.7 million (1995) |
Imports - commodities | - | fuel, food and drink, building materials, clothing |
Imports - partners | - | UK, Japan, Chile, NZ |
Independence | 1419 (beginning of rule by the House of Grimaldi) | none (overseas territory of the UK; also claimed by Argentina) |
Industrial production growth rate | NA% | NA% |
Industries | tourism, construction, small-scale industrial and consumer products | wool and fish processing; sale of stamps and coins |
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.) |
NA deaths/1,000 live births |
Inflation rate (consumer prices) | 1.9% (2000) | 3.6% (1998) |
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 | ICFTU |
Internet Service Providers (ISPs) | - | 2 (2000) |
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) | Supreme Court (chief justice is a nonresident); Magistrates Court (senior magistrate presides over civil and criminal divisions) |
Labor force | 44,000
note: includes workers from all foreign countries (2005 est.) |
1,100 (est.) |
Labor force - by occupation | - | agriculture 95% (mostly sheepherding and fishing) |
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% permanent crops: 0% permanent pastures: 99% forests and woodland: 0% other: 1% (1993 est.) |
Languages | French (official), English, Italian, Monegasque | English |
Legal system | based on French law; has not accepted compulsory ICJ jurisdiction | 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 |
unicameral Legislative Council (10 seats - 2 ex officio, 8 elected by popular vote, members serve four-year terms) presided over by the governor
elections: last held 9 October 1997 (next to be held NA October 2001) election results: percent of vote - NA%; seats - independents 8 |
Life expectancy at birth | total population: 79.82 years
male: 75.99 years female: 83.85 years (2007 est.) |
total population:
NA years male: NA years female: NA years |
Literacy | definition: age 15 and over can read and write
total population: 99% male: 99% female: 99% (2003 est.) |
- |
Location | Western Europe, bordering the Mediterranean Sea on the southern coast of France, near the border with Italy | Southern South America, islands in the South Atlantic Ocean, east of southern Argentina |
Map references | Europe | South America |
Maritime claims | territorial sea: 12 nm | continental shelf:
200 NM exclusive fishing zone: 200 NM territorial sea: 12 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) | none (2000 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 | - | British Forces Falkland Islands (includes Army, Royal Air Force, Royal Navy, and Royal Marines), Police Force |
Military expenditures - dollar figure | - | $NA |
Military expenditures - percent of GDP | - | NA% |
National holiday | National Day (Saint Rainier's Day), 19 November (1857) | Liberation Day, 14 June (1982) |
Nationality | noun: Monegasque(s) or Monacan(s)
adjective: Monegasque or Monacan |
noun:
Falkland Islander(s) adjective: Falkland Island |
Natural hazards | NA | strong winds persist throughout the year |
Natural resources | none | fish, wildlife |
Net migration rate | 7.65 migrant(s)/1,000 population (2007 est.) | NA migrant(s)/1,000 population |
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) | none; all independents |
Political pressure groups and leaders | NA | none |
Population | 32,671 (July 2007 est.) | 2,895 (July 2001 est.) |
Population below poverty line | NA% | NA% |
Population growth rate | 0.386% (2007 est.) | 2.43% (2001 est.) |
Ports and harbors | - | Stanley |
Radio broadcast stations | AM 1, FM NA, shortwave 8 (1998) | AM 1, FM 7, shortwave 0 (1998) |
Radios | - | 1,000 (1997) |
Railways | - | 0 km |
Religions | Roman Catholic 90%, other 10% | primarily Anglican, Roman Catholic, United Free Church, Evangelist Church, Jehovah's Witnesses, Lutheran, Seventh-Day Adventist |
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.) |
- |
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: government-operated radiotelephone and private VHF/CB radiotelephone networks provide effective service to almost all points on both islands international: satellite earth station - 1 Intelsat (Atlantic Ocean) with links through London to other countries |
Telephones - main lines in use | 34,000 (2005) | NA |
Telephones - mobile cellular | 17,200 (2005) | NA |
Television broadcast stations | 5 (1998) | 2 (operated by the British Forces Broadcasting Service) (1997) |
Terrain | hilly, rugged, rocky | rocky, hilly, mountainous with some boggy, undulating plains |
Total fertility rate | 1.75 children born/woman (2007 est.) | NA children born/woman |
Unemployment rate | 0% (2005) | full employment; labor shortage |
Waterways | - | none |