Turks and Caicos Islands (2002) | Monaco (2007) | |
![]() | ![]() | |
Administrative divisions | none (overseas territory of the UK) | 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 |
Age structure | 0-14 years: 32.6% (male 3,101; female 3,004)
15-64 years: 63.6% (male 6,266; female 5,651) 65 years and over: 3.8% (male 319; female 397) (2002 est.) |
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.) |
Agriculture - products | corn, beans, cassava (tapioca), citrus fruits; fish | none |
Airports | 8 (2001) | - |
Airports - with paved runways | total: 5
1,524 to 2,437 m: 3 914 to 1,523 m: 1 (2002) |
- |
Airports - with unpaved runways | total: 3
914 to 1,523 m: 1 under 914 m: 2 (2002) |
- |
Area | total: 430 sq km
land: 430 sq km water: 0 sq km |
total: 1.95 sq km
land: 1.95 sq km water: 0 sq km |
Area - comparative | 2.5 times the size of Washington, DC | about three times the size of The Mall in Washington, DC |
Background | The islands were part of the UK's Jamaican colony until 1962, when they assumed the status of a separate crown colony upon Jamaica's independence. The governor of The Bahamas oversaw affairs from 1965 to 1973. With Bahamian independence, the islands received a separate governor in 1973. Although independence was agreed upon for 1982, the policy was reversed and the islands are presently a British overseas territory. | 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. |
Birth rate | 24.18 births/1,000 population (2002 est.) | 9.12 births/1,000 population (2007 est.) |
Budget | revenues: $47 million
expenditures: $33.6 million, including capital expenditures of $NA (1997-98 est.) |
revenues: $863 million
expenditures: $920.6 million (2005 est.) |
Capital | Grand Turk (Cockburn Town) | 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 |
Climate | tropical; marine; moderated by trade winds; sunny and relatively dry | Mediterranean with mild, wet winters and hot, dry summers |
Coastline | 389 km | 4.1 km |
Constitution | introduced 30 August 1976; suspended in 1986; restored and revised 5 March 1988 | 17 December 1962 |
Country name | conventional long form: none
conventional short form: Turks and Caicos Islands |
conventional long form: Principality of Monaco
conventional short form: Monaco local long form: Principaute de Monaco local short form: Monaco |
Currency | US dollar (USD) | - |
Death rate | 4.38 deaths/1,000 population (2002 est.) | 12.92 deaths/1,000 population (2007 est.) |
Debt - external | $NA | $18 billion (2000 est.) |
Dependency status | overseas territory of the UK | - |
Diplomatic representation from the US | none (overseas territory of the UK) | 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 |
Diplomatic representation in the US | none (overseas territory of the UK) | 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 |
Disputes - international | none | none |
Economic aid - recipient | $4.1 million (1997) (1997) | $NA |
Economy - overview | The Turks and Caicos economy is based on tourism, fishing, and offshore financial services. Most capital goods and food for domestic consumption are imported. The US is the leading source of tourists, accounting for more than half of the 93,000 visitors in 1998. Major sources of government revenue include fees from offshore financial activities and customs receipts. | 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. |
Electricity - consumption | 4.65 million kWh (2000) | NA kWh |
Electricity - exports | 0 kWh (2000) | - |
Electricity - imports | 0 kWh (2000) | NA kWh; note - electricity supplied by France |
Electricity - production | 5 million kWh (2000) | - |
Electricity - production by source | fossil fuel: 100%
hydro: 0% nuclear: 0% other: 0% (2000) |
- |
Elevation extremes | lowest point: Caribbean Sea 0 m
highest point: Blue Hills 49 m |
lowest point: Mediterranean Sea 0 m
highest point: Mont Agel 140 m |
Environment - current issues | limited natural fresh water resources, private cisterns collect rainwater | 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 | black | French 47%, Monegasque 16%, Italian 16%, other 21% |
Exchange rates | the US dollar is used | euros per US dollar - 0.7964 (2006), 0.8041 (2005), 0.8054 (2004), 0.886 (2003), 1.0626 (2002) |
Executive branch | chief of state: Queen ELIZABETH II (since 6 February 1953), represented by Governor Jim POSTON (since 16 December 2002)
head of government: Chief Minister Derek H. TAYLOR (since 31 January 1995) cabinet: Executive Council consists of three ex officio members and five appointed by the governor from among the 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 is appointed chief minister by the governor |
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 |
Exports | $13.7 million (1999) | $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) |
Exports - commodities | lobster, dried and fresh conch, conch shells | - |
Exports - partners | US, UK | - |
Fiscal year | calendar year | calendar year |
Flag description | blue, with the flag of the UK in the upper hoist-side quadrant and the colonial shield centered on the outer half of the flag; the shield is yellow and contains a conch shell, lobster, and cactus | 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 |
GDP | purchasing power parity - $128 million (1999 est.) | - |
GDP - composition by sector | agriculture: NA%
industry: NA% services: NA% |
agriculture: 0%
industry: 4.9% services: 95.1% (2005) |
GDP - per capita | purchasing power parity - $7,300 (1999 est.) | - |
GDP - real growth rate | 8.7% (1999 est.) | 0.9% (2000 est.) |
Geographic coordinates | 21 45 N, 71 35 W | 43 44 N, 7 24 E |
Geography - note | about 40 islands (eight inhabited) | second-smallest independent state in the world (after Holy See); almost entirely urban |
Heliports | - | 1 (2007) |
Highways | total: 121 km
paved: 24 km unpaved: 97 km (2000) |
- |
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 | - |
Imports | $175.6 million (1999) | $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) |
Imports - commodities | food and beverages, tobacco, clothing, manufactures, construction materials | - |
Imports - partners | US, UK | - |
Independence | none (overseas territory of the UK) | 1419 (beginning of rule by the House of Grimaldi) |
Industrial production growth rate | NA% | NA% |
Industries | tourism, offshore financial services | tourism, construction, small-scale industrial and consumer products |
Infant mortality rate | 17.46 deaths/1,000 live births (2002 est.) | 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.) |
Inflation rate (consumer prices) | 4% (1995) (1995) | 1.9% (2000) |
International organization participation | Caricom (associate), CDB, Interpol (subbureau) | 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 |
Internet Service Providers (ISPs) | 14 (2000) | - |
Irrigated land | NA sq km | NA |
Judicial branch | Supreme Court | Supreme Court or Tribunal Supreme (judges appointed by the monarch on the basis of nominations by the National Council) |
Labor force | 4,848 (1990 est.) | 44,000
note: includes workers from all foreign countries (2005 est.) |
Labor force - by occupation | about 33% in government and 20% in agriculture and fishing; significant numbers in tourism, financial, and other services (1997 est.) | - |
Land boundaries | 0 km | total: 4.4 km
border countries: France 4.4 km |
Land use | arable land: 2.33%
permanent crops: 0% other: 97.67% (1998 est.) |
arable land: 0%
permanent crops: 0% other: 100% (urban area) (2005) |
Languages | English (official) | French (official), English, Italian, Monegasque |
Legal system | based on laws of England and Wales, with a few adopted from Jamaica and The Bahamas | based on French law; has not accepted compulsory ICJ jurisdiction |
Legislative branch | unicameral Legislative Council (19 seats, of which 13 are popularly elected; members serve four-year terms)
elections: last held 4 March 1999 (next to be held NA 2003) election results: percent of vote by party - PDM 52.2%, PNP 40.9%, independent 6.9%; seats by party - PDM 9, PNP 4 |
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 |
Life expectancy at birth | total population: 73.76 years
male: 71.59 years female: 76.03 years (2002 est.) |
total population: 79.82 years
male: 75.99 years female: 83.85 years (2007 est.) |
Literacy | definition: age 15 and over has ever attended school
total population: 98% male: 99% female: 98% (1970 est.) |
definition: age 15 and over can read and write
total population: 99% male: 99% female: 99% (2003 est.) |
Location | Caribbean, two island groups in the North Atlantic Ocean, southeast of The Bahamas | Western Europe, bordering the Mediterranean Sea on the southern coast of France, near the border with Italy |
Map references | Central America and the Caribbean | Europe |
Maritime claims | exclusive fishing zone: 200 NM
territorial sea: 12 NM |
territorial sea: 12 nm |
Merchant marine | none (2002 est.) | 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) |
Military - note | defense is the responsibility of the UK | defense is the responsibility of France; the Palace Guard performs ceremonial duties (2003) |
National holiday | Constitution Day, 30 August (1976) | National Day (Saint Rainier's Day), 19 November (1857) |
Nationality | noun: none
adjective: none |
noun: Monegasque(s) or Monacan(s)
adjective: Monegasque or Monacan |
Natural hazards | frequent hurricanes | NA |
Natural resources | spiny lobster, conch | none |
Net migration rate | 12.97 migrant(s)/1,000 population (2002 est.) | 7.65 migrant(s)/1,000 population (2007 est.) |
People - note | destination and transit point for illegal Haitian immigrants bound for the Turks and Caicos Islands, Bahamas, and US | - |
Political parties and leaders | People's Democratic Movement or PDM [Derek H. TAYLOR]; Progressive National Party or PNP [Washington MISICK]; United Democratic Party or UDP [Wendal SWANN] | National and Democratic Union or UND [Guy MAGNAN]; Union for Monaco or UPM (including National Union for the Future of Monaco or UNAM) |
Political pressure groups and leaders | NA | NA |
Population | 18,738 (July 2002 est.) | 32,671 (July 2007 est.) |
Population below poverty line | NA% | NA% |
Population growth rate | 3.28% (2002 est.) | 0.386% (2007 est.) |
Ports and harbors | Grand Turk, Providenciales | - |
Radio broadcast stations | AM 3 (one inactive), FM 6, shortwave 0 (1998) | AM 1, FM NA, shortwave 8 (1998) |
Radios | 8,000 (1997) | - |
Railways | 0 km | - |
Religions | Baptist 40%, Methodist 16%, Anglican 18%, Church of God 12%, other 14% (1990) | Roman Catholic 90%, other 10% |
Sex ratio | at birth: 1.05 male(s)/female
under 15 years: 1.03 male(s)/female 15-64 years: 1.11 male(s)/female 65 years and over: 0.8 male(s)/female total population: 1.07 male(s)/female (2002 est.) |
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: fair cable and radiotelephone services
domestic: NA international: 2 submarine cables; satellite earth station - 1 Intelsat (Atlantic Ocean) |
general assessment: modern automatic telephone system
domestic: NA international: country code - 377; no satellite earth stations; connected by cable into the French communications system |
Telephones - main lines in use | 3,000 (1994) | 34,000 (2005) |
Telephones - mobile cellular | 0 (1994) | 17,200 (2005) |
Television broadcast stations | 0 (broadcasts from The Bahamas are received; cable television is established) (1997) | 5 (1998) |
Terrain | low, flat limestone; extensive marshes and mangrove swamps | hilly, rugged, rocky |
Total fertility rate | 3.18 children born/woman (2002 est.) | 1.75 children born/woman (2007 est.) |
Unemployment rate | 10% (1997 est.) | 0% (2005) |
Waterways | none | - |