Compare Monaco (2008) - Korea, South (2008)

Compare Monaco (2008) z Korea, South (2008)

	Monaco (2008)	Korea, South (2008)

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	9 provinces (do, singular and plural) and 7 metropolitan cities (gwangyoksi, singular and plural) provinces: Cheju-do, Cholla-bukto (North Cholla), Cholla-namdo (South Cholla), Ch'ungch'ong-bukto (North Ch'ungch'ong), Ch'ungch'ong-namdo (South Ch'ungch'ong), Kangwon-do, Kyonggi-do, Kyongsang-bukto (North Kyongsang), Kyongsang-namdo (South Kyongsang) metropolitan cities: Inch'on-gwangyoksi (Inch'on), Kwangju-gwangyoksi (Kwangju), Pusan-gwangyoksi (Pusan), Soul-t'ukpyolsi (Seoul), Taegu-gwangyoksi (Taegu), Taejon-gwangyoksi (Taejon), Ulsan-gwangyoksi (Ulsan)
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: 18.3% (male 4,714,103/female 4,262,873) 15-64 years: 72.1% (male 18,004,719/female 17,346,594) 65 years and over: 9.6% (male 1,921,803/female 2,794,698) (2007 est.)
Agriculture - products	none	rice, root crops, barley, vegetables, fruit; cattle, pigs, chickens, milk, eggs; fish
Airports	-	105 (2007)
Airports - with paved runways	-	total: 68 over 3,047 m: 3 2,438 to 3,047 m: 21 1,524 to 2,437 m: 14 914 to 1,523 m: 11 under 914 m: 19 (2007)
Airports - with unpaved runways	-	total: 37 914 to 1,523 m: 3 under 914 m: 34 (2007)
Area	total: 1.95 sq km land: 1.95 sq km water: 0 sq km	total: 98,480 sq km land: 98,190 sq km water: 290 sq km
Area - comparative	about three times the size of The Mall in Washington, DC	slightly larger than Indiana
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.	An independent Korean state or collection of states has existed almost continuously for several millennia. Between its initial unification in the 7th century - from three predecessor Korean states - until the 20th century, Korea existed as a single independent country. In 1905, following the Russo-Japanese War, Korea became a protectorate of imperial Japan, and in 1910 it was annexed as a colony. Korea regained its independence following Japan's surrender to the United States in 1945. After World War II, a Republic of Korea (ROK) was set up in the southern half of the Korean Peninsula while a Communist-style government was installed in the north (the DPRK). During the Korean War (1950-53), US troops and UN forces fought alongside soldiers from the ROK to defend South Korea from DPRK attacks supported by China and the Soviet Union. An armistice was signed in 1953, splitting the peninsula along a demilitarized zone at about the 38th parallel. Thereafter, South Korea achieved rapid economic growth with per capita income rising to roughly 14 times the level of North Korea. In 1993, KIM Young-sam became South Korea's first civilian president following 32 years of military rule. South Korea today is a fully functioning modern democracy. In June 2000, a historic first North-South summit took place between the South's President KIM Dae-jung and the North's leader KIM Jong Il. In October 2007, a second North-South summit took place between the South's President ROH Moo-hyun and the North Korean leader.
Birth rate	9.12 births/1,000 population (2007 est.)	9.93 births/1,000 population (2007 est.)
Budget	revenues: $863 million expenditures: $920.6 million (2005 est.)	revenues: $269.7 billion expenditures: $256.6 billion (2007 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	name: Seoul geographic coordinates: 37 33 N, 126 59 E time difference: UTC+9 (14 hours ahead of Washington, DC during Standard Time)
Climate	Mediterranean with mild, wet winters and hot, dry summers	temperate, with rainfall heavier in summer than winter
Coastline	4.1 km	2,413 km
Constitution	17 December 1962	17 July 1948; note - amended or rewritten nine times; current constitution approved on 29 October 1987
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: Republic of Korea conventional short form: South Korea local long form: Taehan-min'guk local short form: Han'guk abbreviation: ROK
Death rate	12.92 deaths/1,000 population (2007 est.)	5.99 deaths/1,000 population (2007 est.)
Debt - external	$18 billion (2000 est.)	$342.7 billion (30 September 2007)
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 Alexander VERSHBOW embassy: 32 Sejong-no, Jongno-gu, Seoul 110-710 mailing address: US Embassy Seoul, APO AP 96205-5550 telephone: [82] (2) 397-4114 FAX: [82] (2) 738-8845
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: Ambassador LEE Tae-sik chancery: 2450 Massachusetts Avenue NW, Washington, DC 20008 telephone: [1] (202) 939-5600 FAX: [1] (202) 387-0205 consulate(s) general: Agana (Guam), Atlanta, Boston, Chicago, Honolulu, Houston, Los Angeles, New York, San Francisco, Seattle
Disputes - international	none	Military Demarcation Line within the 4-km wide Demilitarized Zone has separated North from South Korea since 1953; periodic incidents with North Korea in the Yellow Sea over the Northern Limiting Line, which South Korea claims as a maritime boundary; South Korea and Japan claim Liancourt Rocks (Tok-do/Take-shima), occupied by South Korea since 1954
Economic aid - donor	-	ODA, $455.3 million (2006)
Economic aid - recipient	$NA	$68.07 million (2004)
Economy - overview	Monaco, bordering France on the Mediterranean coast, is a popular resort, attracting tourists to its casino and pleasant climate. The principality also is a major banking center and 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.	Since the 1960s, South Korea has achieved an incredible record of growth and integration into the high-tech modern world economy. Four decades ago, GDP per capita was comparable with levels in the poorer countries of Africa and Asia. In 2004, South Korea joined the trillion dollar club of world economies. Today its GDP per capita is roughly the same as that of Greece and Spain. This success was achieved by a system of close government/business ties including directed credit, import restrictions, sponsorship of specific industries, and a strong labor effort. The government promoted the import of raw materials and technology at the expense of consumer goods and encouraged savings and investment over consumption. The Asian financial crisis of 1997-98 exposed longstanding weaknesses in South Korea's development model including high debt/equity ratios, massive foreign borrowing, and an undisciplined financial sector. GDP plunged by 6.9% in 1998, then recovered by 9.5% in 1999 and 8.5% in 2000. Growth fell back to 3.3% in 2001 because of the slowing global economy, falling exports, and the perception that much-needed corporate and financial reforms had stalled. Led by consumer spending and exports, growth in 2002 was an impressive 7%, despite anemic global growth. Between 2003 and 2007, growth moderated to about 4-5% annually. A downturn in consumer spending was offset by rapid export growth. Moderate inflation, low unemployment, and an export surplus in 2007 characterize this solid economy, but inflation and unemployment are increasing in the face of rising oil prices.
Electricity - consumption	NA kWh	368.6 billion kWh (2007)
Electricity - exports	-	0 kWh (2005)
Electricity - imports	NA kWh; note - electricity supplied by France	0 kWh (2005)
Electricity - production	-	403.2 billion kWh (2007)
Elevation extremes	lowest point: Mediterranean Sea 0 m highest point: Mont Agel 140 m	lowest point: Sea of Japan 0 m highest point: Halla-san 1,950 m
Environment - current issues	NA	air pollution in large cities; acid rain; water pollution from the discharge of sewage and industrial effluents; drift net fishing
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: Antarctic-Environmental Protocol, Antarctic-Marine Living Resources, Antarctic Treaty, Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Environmental Modification, Hazardous Wastes, Law of the Sea, Marine Dumping, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Tropical Timber 94, Wetlands, Whaling signed, but not ratified: none of the selected agreements
Ethnic groups	French 47%, Monegasque 16%, Italian 16%, other 21%	homogeneous (except for about 20,000 Chinese)
Exchange rates	euros per US dollar - 0.7345 (2007), 0.7964 (2006), 0.8041 (2005), 0.8054 (2004), 0.886 (2003)	South Korean won per US dollar - 929.2 (2007), 954.8 (2006), 1,024.1 (2005), 1,145.3 (2004), 1,191.6 (2003)
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 LEE Myung-bak (since 25 February 2008) head of government: Prime Minister HAN Seung-soo (since 29 February 2008); Deputy Prime Ministers KIM Woo-sik (since 10 February 2006); KWON O-kyu (since 18 July 2006); KIM Shin-il (since 20 September 2006) cabinet: State Council appointed by the president on the prime minister's recommendation elections: president elected by popular vote for a single five-year term; election last held 19 December 2007 (next to be held on in December 2012); prime minister appointed by president with consent of National Assembly; deputy prime ministers appointed by president on prime minister's recommendation election results: ROH Moo-hyun elected president on 19 December 2002; percent of vote - ROH Moo-hyun (MDP) 48.9%; LEE Hoi-chang (GNP) 46.6%; others 4.5%; LEE Myung-bak elected president on 19 December 2007; percent of vote - LEE Myung-bak (GNP) 48.7%; CHUNG Dong-young (UNDP) 26.1%); LEE Hoi-chang (independent) 15.1; others 10.1%
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 (2004)
Exports - commodities	-	semiconductors, wireless telecommunications equipment, motor vehicles, computers, steel, ships, petrochemicals
Exports - partners	-	China 22%, US 12.5%, Japan 7.1%, Hong Kong 5% (2007)
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	white with a red (top) and blue yin-yang symbol in the center; there is a different black trigram from the ancient I Ching (Book of Changes) in each corner of the white field
GDP - composition by sector	agriculture: 0% industry: 4.9% services: 95.1% (2005)	agriculture: 3.2% industry: 39.6% services: 57.2% (2007 est.)
GDP - real growth rate	0.9% (2000 est.)	4.9% (2007 est.)
Geographic coordinates	43 44 N, 7 24 E	37 00 N, 127 30 E
Geography - note	second-smallest independent state in the world (after Holy See); almost entirely urban	strategic location on Korea Strait
Heliports	1 (2007)	536 (2007)
Household income or consumption by percentage share	lowest 10%: NA% highest 10%: NA%	lowest 10%: 2.9% highest 10%: 25% (2005 est.)
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)	2.41 million bbl/day (2006)
Imports - commodities	-	machinery, electronics and electronic equipment, oil, steel, transport equipment, organic chemicals, plastics
Imports - partners	-	China 17.7%, Japan 16%, US 10.7%, Saudi Arabia 5.9%, UAE 4.2% (2006)
Independence	1419 (beginning of rule by the House of Grimaldi)	15 August 1945 (from Japan)
Industrial production growth rate	NA%	7.6% (2007 est.)
Industries	tourism, construction, small-scale industrial and consumer products	electronics, telecommunications, automobile production, chemicals, shipbuilding, steel
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: 6.05 deaths/1,000 live births male: 6.43 deaths/1,000 live births female: 5.64 deaths/1,000 live births (2007 est.)
Inflation rate (consumer prices)	1.9% (2000)	2.5% (2007)
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, UNWTO, UPU, WHO, WIPO, WMO	ADB, AfDB, APEC, APT, ARF, ASEAN (dialogue partner), Australia Group, BIS, CP, EAS, EBRD, FAO, IADB, IAEA, IBRD, ICAO, ICC, ICCt, ICRM, IDA, IEA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, ITUC, LAIA, MIGA, NEA, NSG, OAS (observer), OECD, OPCW, OSCE (partner), PCA, PIF (partner), SAARC (observer), UN, UNCTAD, UNESCO, UNFICYP, UNHCR, UNIDO, UNIFIL, UNMIL, UNMIS, UNMOGIP, UNOMIG, UNWTO, UPU, WCL, WCO, WHO, WIPO, WMO, WTO, ZC
Irrigated land	NA	8,780 sq km (2003)
Judicial branch	Supreme Court or Tribunal Supreme (judges appointed by the monarch on the basis of nominations by the National Council)	Supreme Court (justices appointed by president with consent of National Assembly); Constitutional Court (justices appointed by president based partly on nominations by National Assembly and Chief Justice of the court)
Labor force	44,000 note: includes workers from all foreign countries (2005 est.)	23.99 million (2007 est.)
Labor force - by occupation	-	agriculture: 7.5% industry: 17.3% services: 75.2% (2007)
Land boundaries	total: 4.4 km border countries: France 4.4 km	total: 238 km border countries: North Korea 238 km
Land use	arable land: 0% permanent crops: 0% other: 100% (urban area) (2005)	arable land: 16.58% permanent crops: 2.01% other: 81.41% (2005)
Languages	French (official), English, Italian, Monegasque	Korean, English widely taught in junior high and high school
Legal system	based on French law; has not accepted compulsory ICJ jurisdiction	combines elements of continental European civil law systems, Anglo-American law, and Chinese classical thought; 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 3 February 2008 (next to be held February 2013) election results: percent of vote by party - UPM 52.2%, REM 40.5%, Monaco Together 7.3%; seats by party - UPM 21, REM 3	unicameral National Assembly or Kukhoe (299 seats; 243 members elected in single-seat constituencies, 56 elected by proportional representation; to serve four-year terms) elections: last held 15 April 2004 (next to be held on 9 April 2008) election results: percent of vote by party - Uri 51%, GNP 41%, DLP 3%, DP 3%, others 2%; seats by party - Uri 141, GNP 127, DP 12, DLP 9, PFP 5, independents 5 note: percent of vote is for 2004 general election; seats by party reflect results of 2005 and 2006 by-elections; MDP became DP in May 2005; United Liberal Democrats (ULD) merged with GNP in February 2006; URI was disbanded in 2007; DP became part of United Democratic Pary (UDP) in 2008; PFP became part of Liberty Forward Party (LFP) in 2008
Life expectancy at birth	total population: 79.82 years male: 75.99 years female: 83.85 years (2007 est.)	total population: 77.23 years male: 73.81 years female: 80.93 years (2007 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: 97.9% male: 99.2% female: 96.6% (2002)
Location	Western Europe, bordering the Mediterranean Sea on the southern coast of France, near the border with Italy	Eastern Asia, southern half of the Korean Peninsula bordering the Sea of Japan and the Yellow Sea
Map references	Europe	Asia
Maritime claims	territorial sea: 12 nm exclusive economic zone: 12 nm	territorial sea: 12 nm; between 3 nm and 12 nm in the Korea Strait contiguous zone: 24 nm exclusive economic zone: 200 nm continental shelf: not specified
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: 738 ships (1000 GRT or over) 10,636,466 GRT/17,371,943 DWT by type: bulk carrier 187, cargo 202, carrier 1, chemical tanker 119, container 81, liquefied gas 26, passenger 5, passenger/cargo 21, petroleum tanker 57, refrigerated cargo 19, roll on/roll off 8, specialized tanker 4, vehicle carrier 8 foreign-owned: 22 (China 2, France 8, Japan 1, Sweden 2, UK 1, US 7, Vietnam 1) registered in other countries: 386 (Belize 4, Cambodia 29, China 1, Cyprus 2, Greece 2, Honduras 6, Hong Kong 6, Indonesia 1, Liberia 4, Malta 3, Marshall Islands 3, Netherlands 1, Panama 316, Russia 1, Singapore 7, unknown 4) (2007)
Military - note	defense is the responsibility of France; the Palace Guard performs ceremonial duties (2003)	-
Military branches	-	Army, Navy, Republic of Korea Air Force (Han-guk Kong Goon), Marine Corps, National Maritime Police (coast guard) (2006)
Military expenditures - percent of GDP	-	2.7% (2006)
National holiday	National Day (Saint Rainier's Day), 19 November (1857)	Liberation Day, 15 August (1945)
Nationality	noun: Monegasque(s) or Monacan(s) adjective: Monegasque or Monacan	noun: Korean(s) adjective: Korean
Natural hazards	NA	occasional typhoons bring high winds and floods; low-level seismic activity common in southwest
Natural resources	none	coal, tungsten, graphite, molybdenum, lead, hydropower potential
Net migration rate	7.65 migrant(s)/1,000 population (2007 est.)	0 migrant(s)/1,000 population (2007 est.)
Pipelines	-	gas 1,482 km; refined products 827 km (2007)
Political parties and leaders	Union for Monaco or UPM (including National Union for the Future of Monaco or UNAM); Rally and Issues for Monaco or REM; Monaco Together	Creative Korea Party or CKP [MOON Kook-hyun]; Democratic Labor Party or DLP [CHUN Young-se]; Grand National Party or GNP [KANG Jae-sup]; Liberty Forward Party or LFP [SIM Dae-pyung]; United Democratic Party or UDP [SOHN Hak-kyu]
Political pressure groups and leaders	NA	Federation of Korean Industries; Federation of Korean Trade Unions; Korean Confederation of Trade Unions; Korean National Council of Churches; Korean Traders Association; Korean Veterans' Association; National Council of Labor Unions; National Democratic Alliance of Korea; National Federation of Farmers' Associations; National Federation of Student Associations
Population	32,671 (July 2007 est.)	49,044,790 (July 2007 est.)
Population below poverty line	NA%	15% (2003 est.)
Population growth rate	0.386% (2007 est.)	0.394% (2007 est.)
Radio broadcast stations	AM 1, FM NA, shortwave 8 (1998)	AM 61, FM 150, shortwave 2 (2005)
Railways	-	total: 3,472 km standard gauge: 3,472 km 1.435-m gauge (1,342 km electrified) (2006)
Religions	Roman Catholic 90%, other 10%	Christian 26.3% (Protestant 19.7%, Roman Catholic 6.6%), Buddhist 23.2%, other or unknown 1.3%, none 49.3% (1995 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: 1.08 male(s)/female under 15 years: 1.106 male(s)/female 15-64 years: 1.038 male(s)/female 65 years and over: 0.688 male(s)/female total population: 1.01 male(s)/female (2007 est.)
Suffrage	18 years of age; universal	19 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: excellent domestic and international services domestic: NA international: country code - 82; numerous submarine cables provide links throughout Asia, Australia, the Middle East, Europe, and US; satellite earth stations - 3 Intelsat (1 Pacific Ocean and 2 Indian Ocean) and 3 Inmarsat (1 Pacific Ocean and 2 Indian Ocean)
Telephones - main lines in use	34,000 (2005)	26.866 million (2006)
Telephones - mobile cellular	17,200 (2005)	40.197 million (2006)
Television broadcast stations	5 (1998)	43 (plus 59 cable operators and 190 relay cable operators) (2005)
Terrain	hilly, rugged, rocky	mostly hills and mountains; wide coastal plains in west and south
Total fertility rate	1.75 children born/woman (2007 est.)	1.28 children born/woman (2007 est.)
Unemployment rate	0% (2005)	3.2% (2007 est.)
Waterways	-	1,608 km (most navigable only by small craft) (2007)

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