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Europe > Monaco > Economy

MONEGASQUE ECONOMY STATS:   Top Stats   All Stats  
View this page with:    Just Stats   Sources   Definitions   Both  
Agriculture > products
none
Budget > Expenditures $920,600,000.00 Time series [129th of 165]
    Budget > Expenditures (per capita) $28,326.15 per capita Time series [3rd of 164]
Budget > Expenditures > Capital $305,000,000.00 Time series [46th of 68]
    Budget > Expenditures > Capital (per capita) $9,384.62 per capita Time series [1st of 68]
Budget > Revenues $863,000,000.00 Time series [128th of 166]
    Budget > Revenues (per capita) $26,553.85 per capita Time series [4th of 165]
Currency euro Time series
Currency code EUR Time series
Debt > External $18,000,000,000.00 Time series [4th of 136]
Economy > Overview
Monaco, bordering France on the Mediterranean coast, is a popular resort, attracting tourists to its casino and pleasant climate. The principality also is a major banking center and 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.
European countries by GDP per capita > GDP Per Capita $27,000.00 [17th of 44]
Exchange rates
euros per US dollar - 0.8054 (2004), 0.886 (2003), 1.0626 (2002), 1.1175 (2001), 1.0854 (2000)
Exchange rates > 2001 1.1175 [179th of 214]
Exchange rates > 2002 1.0626 [189th of 214]
Exchange rates > 2003 0.886 [185th of 213]
Exchange rates > 2004 0.8054 [176th of 211]
Exchange rates > 2005 0.8041 [190th of 212]
Exchange rates > Recent years
euros per US dollar - 0.8041 (2005), 0.8054 (2004), 0.886 (2003), 1.0626 (2002), 1.1175 (2001)
Exchange rates to USD 0.7345 Time series
Exchange rates to USD > 2002 1.0626
Exchange rates to USD > 2003 0.886
Exchange rates to USD > 2004 0.8054
Exchange rates to USD > 2005 0.8041
Exchange rates to USD > 2006 0.7964
Exports $716,300,000.00 Time series [140th of 189]
    Exports (per capita) $22,040.00 per capita Time series [10th of 186]
Exports to US $3,500,000.00 [151st of 224]
    Exports to US (per $ GDP) $0.40 per $100 [88th of 213]
    Exports to US (per capita) $108.00 per person [46th of 211]
external debt > Date of information 2000 est.
Fiscal year calendar year Time series
GDP $870,000,000.00 Time series [160th of 203]
GDP (purchasing power parity) $976,300,000.00 Time series [178th of 187]
    GDP (purchasing power parity) (per capita) $29,947.85 per capita Time series [24th of 186]
GDP > CIA Factbook $870,000,000.00 Time series [4th of 192]
GDP > Composition by sector > Agriculture 0% Time series [137th of 146]
GDP > Composition by sector > Industry 4.9% Time series [136th of 146]
GDP > Composition by sector > Services 95.1% Time series [2nd of 146]
GDP > Real growth rate 0.9% Time series [4th of 198]
Imports $916,100,000.00 Time series [149th of 185]
    Imports (per capita) $28,187.69 per capita Time series [5th of 185]
Imports from US $4,500,000.00 [167th of 224]
    Imports from US (per $ GDP) $0.52 per $100 [58th of 213]
    Imports from US (per capita) $138.85 per person [39th of 211]
Industries
tourism, construction, small-scale industrial and consumer products
Inflation rate (consumer prices) 1.9% Time series [6th of 192]
International tourism, number of arrivals 286,000 Time series [103rd of 190]
Researchers in R&D > per million people 40.58 per million people Time series [50th of 54]
Tourist arrivals 259,000 [91st of 152]
    Tourist arrivals (per capita) 7,991.61 per 1,000 people [2nd of 152]
Tourist arrivals by region of origin > Africa 2,601 Time series [87th of 142]
Tourist arrivals by region of origin > Americas 28,626 Time series [113rd of 191]
Tourist arrivals by region of origin > Asia, East and South East/Oceania 11,746 Time series [105th of 172]
Tourist arrivals by region of origin > Europe 214,131 Time series [90th of 195]
Tourist arrivals by region of origin > Region not specified 25,381 Time series [47th of 151]
Tourist arrivals by region of origin > Total 285,675 Time series [126th of 198]
Tourist arrivals by region of origin > Western Asia 3,190 Time series [57th of 115]
Trade balance with US $1,000,000.00 [84th of 224]
    Trade balance with US (per $ GDP) $0.11 per $100 [53rd of 213]
    Trade balance with US (per capita) $30.86 per person [35th of 211]
Trade with US > US exports of agric farming-unmanufactured 70 [121st of 181]
Trade with US > US exports of apparel, household goods > textile 24 [167th of 202]
Trade with US > US exports of apparel,household goods-nontextile 0 [185th of 196]
Trade with US > US exports of artwork, antiques, stamps, etc 535 [69th of 184]
Trade with US > US exports of automotive tires and tubes 0 [160th of 174]
Trade with US > US exports of bakery products 6 [148th of 183]
Trade with US > US exports of books, printed matter 13 [176th of 206]
Trade with US > US exports of business machines and equipment 5 [167th of 194]
Trade with US > US exports of chemicals-fertilizers 0 [159th of 171]
Trade with US > US exports of chemicals-inorganic 16 [143rd of 192]
Trade with US > US exports of chemicals-organic 34 [149th of 192]
Trade with US > US exports of chemicals-other 94 [162nd of 206]
Trade with US > US exports of civilian aircraft 5,734 [62nd of 161]
Trade with US > US exports of computer accessories 33 [187th of 211]
Trade with US > US exports of computers 157 [154th of 206]
Trade with US > US exports of cookware, cutlery, tools 0 [173rd of 184]
Trade with US > US exports of cotton fiber cloth 0 [166th of 182]
Trade with US > US exports of cotton, raw 53 [57th of 105]
Trade with US > US exports of drilling & oilfield equipment 0 [176th of 194]
Trade with US > US exports of electric apparatus 68 [174th of 207]
Trade with US > US exports of engines-civilian aircraft 0 [167th of 178]
Trade with US > US exports of excavating machinery 128 [150th of 198]
Trade with US > US exports of finished metal shapes 73 [160th of 204]
Trade with US > US exports of finished textile supplies 7 [154th of 197]
Trade with US > US exports of fish and shellfish 0 [159th of 169]
Trade with US > US exports of food, tobacco machinery 0 [191st of 202]
Trade with US > US exports of fruits, frozen juices 0 [167th of 178]
Trade with US > US exports of furniture, household goods, etc 49 [147th of 202]
Trade with US > US exports of gem diamonds 0 [92nd of 121]
Trade with US > US exports of generators, accessories 115 [136th of 202]
Trade with US > US exports of glass-plate, sheet, etc 16 [111st of 163]
Trade with US > US exports of glassware, chinaware 0 [154th of 169]
Trade with US > US exports of household appliances 99 [137th of 202]
Trade with US > US exports of industrial engines 12 [177th of 207]
Trade with US > US exports of industrial machines, other 181 [162nd of 213]
Trade with US > US exports of industrial rubber products 7 [144th of 185]
Trade with US > US exports of jewelry, etc 3 [161st of 184]
Trade with US > US exports of laboratory testing instruments 4 [190th of 206]
Trade with US > US exports of leather and furs 201 [43rd of 129]
Trade with US > US exports of logs and lumber 322 [95th of 178]
Trade with US > US exports of manmade cloth 178 [106th of 182]
Trade with US > US exports of marine engines, parts 0 [171st of 190]
Trade with US > US exports of materials handling equipment 29 [171st of 202]
Trade with US > US exports of measuring, testing, control instruments 435 [139th of 209]
Trade with US > US exports of meat, poultry, etc 71 [136th of 190]
Trade with US > US exports of medicinal equipment 543 [123rd of 209]
Trade with US > US exports of metalworking machine tools 75 [132nd of 197]
Trade with US > US exports of mineral supplies-manufactured 24 [126th of 181]
Trade with US > US exports of minimum value shipments 56 [194th of 210]
Trade with US > US exports of musical instruments 38 [119th of 191]
Trade with US > US exports of newsprint 2,111 [73rd of 195]
Trade with US > US exports of nonfarm tractors and parts 0 [158th of 170]
Trade with US > US exports of nonferrous metals, other 0 [135th of 155]
Trade with US > US exports of nonmonetary gold 16 [57th of 97]
Trade with US > US exports of nontextile floor tiles 0 [144th of 159]
Trade with US > US exports of nuts 3 [130th of 156]
Trade with US > US exports of oilseeds, food oils 0 [162nd of 175]
Trade with US > US exports of other foods 0 [200th of 206]
Trade with US > US exports of other household goods 58 [160th of 209]
Trade with US > US exports of other industrial supplies 243 [140th of 209]
Trade with US > US exports of parts-civilian aircraft 27 [170th of 206]
Trade with US > US exports of pharmaceutical preparations 16 [175th of 207]
Trade with US > US exports of photo, service industry machinery 18 [188th of 210]
Trade with US > US exports of plastic materials 66 [144th of 207]
Trade with US > US exports of pleasure boats and motors 4,859 [36th of 187]
Trade with US > US exports of records, tapes, and disks 0 [189th of 199]
Trade with US > US exports of rugs 0 [155th of 174]
Trade with US > US exports of semiconductors 8 [171st of 199]
Trade with US > US exports of shingles, molding, wallboard 0 [184th of 195]
Trade with US > US exports of sorghum, barley, oats 14 [65th of 101]
Trade with US > US exports of specialized mining 0 [138th of 160]
Trade with US > US exports of sports apparel and gear 0 [173rd of 185]
Trade with US > US exports of steelmaking materials 13 [87th of 127]
Trade with US > US exports of stereo equipment, etc 0 [173rd of 188]
Trade with US > US exports of synthetic rubber-primary 29 [89th of 147]
Trade with US > US exports of telecommunications equipment 358 [168th of 211]
Trade with US > US exports of textile, sewing machines 0 [168th of 183]
Trade with US > US exports of tobacco, manufactured 0 [138th of 154]
Trade with US > US exports of toiletries and cosmetics 0 [188th of 197]
Trade with US > US exports of toysgamessporting goods 6 [182nd of 207]
Trade with US > US exports of tvs, vcrs, etc 0 [182nd of 196]
Trade with US > US exports of vegetables 0 [186th of 194]
Trade with US > US exports of wine and related products 0 [140th of 153]
Trade with US > US exports of wood supplies, manufactured 0 [152nd of 170]
Trade with US > US exports of writing and art supplies 11 [181st of 203]
Trade with US > US imports of apparel and household goods-cotton 0 [182nd of 195]
Trade with US > US imports of apparel and household goods-wool 15 [95th of 155]
Trade with US > US imports of bakery and confectionary products 0 [117th of 129]
Trade with US > US imports of computers 5 [89th of 167]
Trade with US > US imports of engines and engine parts 28 [76th of 135]
Trade with US > US imports of feedstuff and foodgrains 0 [92nd of 115]
Trade with US > US imports of finished textile industrial supplies 0 [129th of 141]
Trade with US > US imports of fish and shellfish 0 [145th of 162]
Trade with US > US imports of fuel oil 0 [69th of 87]
Trade with US > US imports of furniture, household items, baskets 5 [138th of 183]
Trade with US > US imports of gem diamonds-uncut or unset 0 [72nd of 98]
Trade with US > US imports of generators, transformers, and accessories 9 [100th of 159]
Trade with US > US imports of glassware, porcelain, and chinaware 19 [83rd of 125]
Trade with US > US imports of green coffee 0 [68th of 104]
Trade with US > US imports of household and kitchen appliances 43 [69th of 123]
Trade with US > US imports of industrial inorganic chemicals 1,114 [52nd of 111]
Trade with US > US imports of industrial organic chemicals 0 [99th of 122]
Trade with US > US imports of iron and steel manufactures-advanced 41 [75th of 140]
Trade with US > US imports of jewelry watches, rings, etc 277 [73rd of 159]
Trade with US > US imports of leather and furs-unmanufactured 0 [81st of 119]
Trade with US > US imports of marine engines and parts 75 [38th of 98]
Trade with US > US imports of materials handling equipment 19 [82nd of 134]
Trade with US > US imports of minimum value shipments 458 [123rd of 208]
Trade with US > US imports of motorcycles and parts 0 [61st of 82]
Trade with US > US imports of numismatic coins 0 [114th of 151]
Trade with US > US imports of nuts and preparations 0 [75th of 105]
Trade with US > US imports of other industrial machinery 122 [83rd of 174]
Trade with US > US imports of other materials, except chemicals 0 [82nd of 117]
Trade with US > US imports of other parts and accessories 113 [85th of 167]
Trade with US > US imports of plastic materials 132 [57th of 136]
Trade with US > US imports of pleasure boats and motors 0 [78th of 108]
Trade with US > US imports of plywood and veneers 29 [67th of 104]
Trade with US > US imports of records, tapes, and disks 0 [120th of 140]
Trade with US > US imports of semiconductors and related devices 2 [129th of 175]
Trade with US > US imports of steelmaking and ferroalloying materials-unmanufacd 0 [83rd of 107]
Trade with US > US imports of sulfur and nonmetallic minerals 0 [83rd of 110]
Trade with US > US imports of telecommunications equipment 39 [104th of 179]
Trade with US > US imports of toiletries and cosmetics 12,733 [23rd of 143]
Trade with US > US imports of vegetables and preparations 18 [95th of 142]
Trade with US > US imports of wine and related products 0 [93rd of 115]

SOURCES: CIA World Factbook, 28 July 2005; All CIA World Factbooks 18 December 2003 to 18 December 2008; Wikipedia: List of European countries by GDP per capita ; CIA World Factbook, 22 August 2006 ; CIA World Factbook, 14 June, 2007 ; US Census Bureau; Wikipedia: List of countries by external debt ; World Development Indicators database and CIA World Factbook; World Development Indicators database; United Nations World Statistics Pocketbook and Statistical Yearbook; Source: World Tourism Organization Statistics Database and Yearbook | United Nations World Tourism Organization; FTDWebMaster, Foreign Trade Division, U.S. Census Bureau

ALTERNATIVE NAMES: Monaco, Principality of Monaco, Principaute de Monaco

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