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Demographics - Monaco

 
GENERAL:      
     
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.
     
     
GEOGRAPHY:      
        
Location: Western Europe, bordering the Mediterranean Sea on the southern coast of France, near the border with Italy
     
Geographic coordinates: 43 44 N, 7 24 E    
     
Map references: Europe    
     
Area: total:  1.95 sq km  
land:  1.95 sq km  
water:  0 sq km  
     
Land boundaries: total:  4.4 km  
border countries:  France 4.4 km  
     
Coastline: 4.1 km    
     
Maritime claims: territorial sea:  12 nm  
     
Climate: Mediterranean with mild, wet winters and hot, dry summers
     
Terrain: hilly, rugged, rocky    
     
Elevation extremes: lowest point:  Mediterranean Sea 0 m
highest point:  Mont Agel 140 m  
     
Natural resources: none    
     
Land use: arable land: 0%  
permanent crops:  0%  
other:  100% (urban area)  
     
Geography - note:

second-smallest independent state in the world (after Holy See); almost entirely urban

     
     
PEOPLE:      
        
Population: 32,543    
     
Age structure: 0-14 years:  15.2% (male 2,539/female 2,417)
15-64 years:  62.1% (male 9,959/female 10,266)
65 years and over:  22.6% (male 3,015/female 4,347)
     
Median age: total:  45.4 years  
male:  43.3 years  
female:  47.3 years  
     
Population growth rate: 0.40%    
     
Birth rate: 9.19 births/1,000 population    
     
Death rate: 12.91 deaths/1,000 population     
     
Net migration rate: 7.68 migrant(s)/1,000 population   
     
Sex ratio: at birth:  1.05 male(s)/female  
under  1.05 male(s)/female  
15-64 years: 0.97 male(s)/female  
65 years and over: 0.69 male(s)/female  
total population:  0.91 male(s)/female   
     
Infant mortality rate: total: 5.35 deaths/1,000 live births
male:  6.19 deaths/1,000 live births
female:  4.46 deaths/1,000 live births 
     
Life expectancy at birth: total population:  79.69 years  
male:  75.85 years  
female:  83.74 years   
     
Total fertility rate: 1.76 children born/woman     
     
Nationality: noun: Monegasque(s) or Monacan(s)
adjective:  Monegasque or Monacan
     
Ethnic groups: French 47%, Monegasque 16%, Italian 16%, other 21%
     
Religions: Roman Catholic 90%    
     
Languages: French (official), English, Italian, Monegasque  
     
Literacy: definition:  age 15 and over can read and write
total population:  99%  
male:  99%  
female: 99%  
     
     
GOVERNMENT:      
        
Country name: conventional long form:  Principality of Monaco
conventional short form:  Monaco  
local long form:  Principaute de Monaco
local short form:  Monaco  
     
Government type: constitutional monarchy    
     
Capital: Monaco    
     
Administrative divisions: none; there are no first-order administrative divisions , but there are four quarters (quartiers, singular - quartier); Fontvieille, La Condamine, Monaco-Ville, Monte-Carlo
     
Independence: 1419 (beginning of the rule by the House of Grimaldi)  
     
National holiday: National Day (Prince of Monaco Holiday), 19 November
     
Constitution: 22997    
     
Legal system: based on French law; has not accepted compulsory ICJ jurisdiction
     
Suffrage: 21 years of age; universal    
     
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
     
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
     
Judicial branch: Supreme Court or Tribunal Supreme (judges appointed by the monarch on the basis of nominations by the National Council)
     
Political parties and leaders: National and Democratic Union or UND [Jean-Louis CAMPORA]; Union for Monaco or UPM (including National Union for the Future of Monaco or UNAM) [leader NA]
     
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
     
     
ECONOMY:      
        
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.
     
GDP - real growth rate: 0.90%    
     
GDP - per capita (PPP): $27,000    
     
GDP - composition by sector: agriculture:  17%  
industry:  NA%  
services:  NA%  
     
Labor force: 30,540    
     
Unemployment rate: 22%    
     
Inflation rate (consumer prices): 1.90%    
     
Industries: tourism, construction, small-scale industrial and consumer products
     
Exports: note: full customs integration with France, which collects and rebates Monegasque trade duties; also participates in EU market system through customs union with France
     
Imports: note: full customs integration with France, which collects and rebates Monegasque trade duties; also participates in EU market system through customs union with France
     
Currency (code): euro (EUR)    
     
Fiscal year: calendar year    
     
     
TRANSNATIONAL ISSUES:      
        
Disputes - international: none    
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