Monaco

Monaco, the second smallest country in the world at two square kilometers, is located on the Mediterranean coast and shares a land border with France. It is a prosperous country (2009 per capita gross domestic product [GDP] $30,000) and the population of 32,965 (as of July 2009) enjoys a high standard of living similar to French metropolitan areas. Life expectancy of 76.3 years for men and 84.09 for women is 19th highest in the world. The population is 90 percent Roman Catholic; the leading ethnic groups are French (47 percent), Monegasque (natives of Monaco; 16 percent), and Italian (16 percent). Because Monaco does not levy an individual income tax, many rich foreigners reside there, making Monaco an extremely cosmopolitan country.

[Page 973]The Monaco Constitution was revised ...