International Security Bulletin

Monaco

Principality of Monaco

Capital: Monaco

History

The Genoese built a fortress on the site of present day Monaco in 1215. The current ruling Grimaldi family first seized temporary control in 1297, and again in 1331, but were not able to permanently secure their holding until 1419. 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

Metric Units

Total Area 2 sq km
Land Boundaries 4.4 km
Border Countries France 4.4 km
Coastline 4.1 km
Terrain hilly, rugged, rocky
Minimum Elevation 0 m
Maximum Elevation 140 m
Climate Mediterranean with mild, wet winters and hot, dry summers
Natural Resources none
Arable Land 0%
Permanent Crops 1%

Economy

Gross Domestic Product $5.75 billion
GDP (per capita) $70,700
GDP Growth 2.5%
Unemployment Rate 0%
Population in Poverty No data%
GINI Index No data

Budget & Debt

Expenditures $1.2 billion
Revenue $1.13 billion
Current Account Balance $No data
External Debt $No data

Trade

Exports $865.6 million
Export Items No data
Export Partners No data
Imports $848.9 million
Import Items No data
Import Partners No data

People

Population 30,500
Population Growth -0%
Ethnic Groups French 47%, Monegasque 16%, Italian 16%, other 21%
Religion Roman Catholic 90% (official), other 10%
Life Expectancy 89.63 years
Infant Mortality 0.95 deaths/1,000 live births
Maternal Mortality 0.3 deaths/100,000 live births

Energy

Electricity Production No data kWh
Electricity Consumption No data kWh
From Fossil Fuels No data%
From Nuclear No data%
From Hydroelectric No data%
From Renewable Sources No data%