Fun factual information on Monaco
General Information on Monaco
Monaco’s fortunes took a boost in the late 1800’s with the establishment of a railroad connection to large neighour France, and the construction of a casino, attracting millions of travellers and tourists.
It has since developed in to a Tax Haven.
Geographical Statistics & Information on Monaco
Geographical Position:
Western Europe, on the coast of the Mediterranean Sea on the Côte d’Azur, France’s southern coast, in the vicinity of the French border with Italy. Part of the French Riviera, and in close proximity to the French city of Nice.
Map Ref Latitude & Longitude 43 degrees 45 North, 7 degrees 25 East
Total Land & Sea Area
Total: 2 square kilometres
Sea Area 0 square kilometres
land area: 2 square kilometres
Land boundaries: Total: 4 kilometres
border countries: France 4 kilometres
Coastal Length:
4 kilometres
Maritime claims: territorial sea: 15 NM
Climatological Conditions & information on Monaco
Monaco has a Mediterranean climate with cool, mild, damp winters. During the summer it is hot and dry.
Terrain Features
Rocky, hillside, craggy mountainside.
Highest & Lowest Elevations: Lowest elevation: Mediterranean Sea at sea level
Highest elevation: Mont Agel 142 metres
Country’s natural resources: none
Land use
ploughable land area: 0 percent
permanent crops: 0 percent
Geographical Point of Interest
Monaco is the world’s 2nd-smallest independent state, second to the Vatican City – the Holy Sea. There is no farmland on this tiny mountainous nation.
Information on People
Population: 32,000 (July 2003 estimate)
Age structure: under 15 years: 16 percent 15 to 64 years: 62 percent Over 65: 22 percent Median age of population:
Total: 44 years male: 42 years female: 46 years (2002) Population growth rate: 0.45 percent (2003 estimate) Birth rate: 9.5 births per thousand population (2003 estimate) mortality rate:
13 deaths per thousand population (2003 estimate) Net rate of migration:
8 migrant(s) per thousand population (2003 estimate) Infant mortality rate: Total: 6 deaths per thousand live births female: 5 deaths per thousand live births (2003 estimate) male: 7 deaths per thousand live births Life expectancy at birth:
total population: 79 years male: 75 years female: 83 years (2003 estimate) Total fertility rate:
1.7 children born/woman (2003 estimate)
Nationality
Monegasque or Monacan
Ethnic groups
Monegasque 15 percent, French 50 percent, Italian 15 percent, other nationalities 20 percent
Religions
Roman Catholic 90 percent
Languages & Linguistic Groupings
French (official), Italian, Monegasque, English
Literacy: total population: 99 percent
Government information on Monaco
Country name: Principality of Monaco
Government type: Constitutional Monarchy
Capital city: Monaco
Independence: 1419 – the start of the House of Grimaldi’s reign.
National holiday: National Day - Prince of Monaco Day, November 19th
Constitution: 1962
Legal system: based on French Civil Code
Electoral & Voting System
universal vote for all citizens over 21 years of age;
Executive branch:
Head of State: Prince
Cabinet: Council of Government comes under the auspices of the Prince
Chief of Government:Minister of State
Legislative branch: Unicameral Conseil National of 24 seats voted for 5-year terms.
Economy information on Monaco
Monaco’s location on the French Riviera and its casino have long attracted large numbers of tourists.
With its low income tax and low corporate taxation it is a thriving tax haven and financial services centre with a high standard of living.
Gross Domestic Product (GDP)
$USD880 million (1999 estimate)
Gross Domestic Product - actual growth rate: NA percent
Gross Domestic Product (GDP) - per head of population: $USD28,000 (1999 estimate)
Rate of inflation: NA percent
Labour force: 30,500 (January 1994)
Rate of unemployment: 3 percent (1998)
Budget
Incomes: $USD520 million
spending : $USD530 million
Industries: Tourism, building, light industrial. Electricity is provided by neighbour France.
Agriculture - products: none
National Currency:
euro (EUR) Currency Abbreviation:
EUR
Communications in Monaco
Telephones landlines:
31,000 (1995)
Radio broadcast stations: Amplitude Modulation 2, Frequency Modulation NA, shortwave 9 (1998)
Television broadcast stations: 6 (1998)
Internet country code: .mc
Transportation in & travel information on Monaco
Railroad networks: Total: 1.5 kilometres
Roading System: Total: 60 kilometres Airports & airfields: Nil; linked by road and rail to the international airport in nearby Nice, France, and linked by helicopter from Fontvielle
Military system of Monaco
Defence and military matters are the controlled by the Republic of France
International Issues Disputes - international: none
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Source: All info sourced and adapted from CIA Factbook
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