*Monaco, Geography Location: Western Europe, bordering the Mediterranean Sea, in southern France near the border with Italy Map references: Europe, Standard Time Zones of the World Area: total area: 1.9 km2 land area: 1.9 km2 comparative area: about three times the size of the Mall in Washington, DC Land boundaries: total 4.4 km, France 4.4 km Coastline: 4.1 km Maritime claims: territorial sea: 12 nm International disputes: none Climate: Mediterranean with mild, wet winters and hot, dry summers Terrain: hilly, rugged, rocky Natural resources: none Land use: arable land: 0% permanent crops: 0% meadows and pastures: 0% forest and woodland: 0% other: 100% Irrigated land: NA km2 Environment: almost entirely urban Note: second smallest independent state in world (after Holy See) *Monaco, People Population: 31,008 (July 1993 est.) Population growth rate: 0.93% (1993 est.) Birth rate: 10.8 births/1,000 population (1993 est.) Death rate: 12.32 deaths/1,000 population (1993 est.) Net migration rate: 10.77 migrant(s)/1,000 population (1993 est.) Infant mortality rate: 7.3 deaths/1,000 live births (1993 est.) Life expectancy at birth: total population: 77.5 years male: 73.7 years female: 81.49 years (1993 est.) Total fertility rate: 1.7 children born/woman (1993 est.) Nationality: noun: Monacan(s) or Monegasque(s) adjective: Monacan or Monegasque Ethnic divisions: French 47%, Monegasque 16%, Italian 16%, other 21% Religions: Roman Catholic 95% Languages: French (official), English, Italian, Monegasque Literacy: total population: NA% male: NA% female: NA% Labor force: NA *Monaco, Government Names: conventional long form: Principality of Monaco conventional short form: Monaco local long form: Principaute de Monaco local short form: Monaco Digraph: MN Type: constitutional monarchy Capital: Monaco Administrative divisions: 4 quarters (quartiers, singular - quartier); Fontvieille, La Condamine, Monaco-Ville, Monte-Carlo Independence: 1419 (rule by the House of Grimaldi) Constitution: 17 December 1962 Legal system: based on French law; has not accepted compulsory ICJ jurisdiction National holiday: National Day, 19 November Political parties and leaders: National and Democratic Union (UND); Democratic Union Movement (MUD); Monaco Action; Monegasque Socialist Party (PSM) Suffrage: 25 years of age; universal Elections: National Council: last held on 24 January 1988 (next to be held 24 January 1993); results - percent of vote by party NA; seats - (18 total) UND 18 Executive branch: prince, minister of state, Council of Government (cabinet) Legislative branch: unicameral National Council (Conseil National) Judicial branch: Supreme Tribunal (Tribunal Supreme) Leaders: Chief of State: Prince RAINIER III (since NA November 1949); Heir Apparent Prince ALBERT Alexandre Louis Pierre (born 14 March 1958) Head of Government: Minister of State Jacques DUPONT (since NA) Member of: ACCT, CSCE, IAEA, ICAO, IMF (observer), IMO, INMARSAT, INTELSAT, INTERPOL, IOC, ITU, LORCS, UN, UNCTAD, UNESCO, UPU, WHO, WIPO Diplomatic representation in US: honorary consulates general: Boston, Chicago, Los Angeles, New Orleans, New York, San Francisco, San Juan (Puerto Rico) honorary consulates: Dallas, Honolulu, Palm Beach, Philadelphia, and Washington US diplomatic representation: no mission in Monaco, but the US Consul General in Marseille, France, is accredited to Monaco *Monaco, Government Flag: 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 *Monaco, Economy Overview: Monaco, situated on the French Mediterranean coast, is a popular resort, attracting tourists to its casino and pleasant climate. 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. About 50% of Monaco's annual revenue comes from value-added taxes on hotels, banks, and the industrial sector; about 25% of revenue comes from tourism. Living standards are high, that is, roughly comparable to those in prosperous French metropolitan suburbs. National product: GDP - exchange rate conversion - $475 million (1991 est.) National product real growth rate: NA% National product per capita: $16,000 (1991 est.) Inflation rate (consumer prices): NA% Unemployment rate: NEGL% Budget: revenues $424 million; expenditures $376 million, including capital expenditures of $NA (1991) Exports: $NA; full customs integration with France, which collects and rebates Monacan trade duties; also participates in EC market system through customs union with France Imports: $NA; full customs integration with France, which collects and rebates Monacan trade duties; also participates in EC market system through customs union with France External debt: $NA Industrial production: growth rate NA% Electricity: 10,000 kW standby capacity (1992); power imported from France Agriculture: NA Economic aid: NA Currency: 1 French franc (F) = 100 centimes Exchange rates: French francs (F) per US$1 - 5.4812 (January 1993), 5.2938 (1992), 5.6421 (1991), 5.4453 (1990), 6.3801 (1989), 5.9569 (1988) Fiscal year: calendar year *Monaco, Communications Railroads: 1.6 km 1.435-meter gauge Highways: none; city streets Ports: Monaco Merchant marine: 1 oil tanker (1,000 GRT or over) totaling 3,268 GRT/4,959 DWT Airports: 1 usable airfield with permanent-surface runways Telecommunications: served by cable into the French communications system; automatic telephone system; 38,200 telephones; broadcast stations - 3 AM, 4 FM, 5 TV; no communication satellite earth stations *Monaco, Defense Forces Note: defense is the responsibility of France