| MONEGASQUE ECONOMY STATS: |
| Top Stats |
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Agriculture > products
none |
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Budget > Expenditures
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$920,600,000.00 |
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[129th of 165]
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Source: CIA World Factbook, 28 July 2005 |
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Budget > Revenues
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$863,000,000.00 |
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[128th of 166]
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Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
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Debt > External
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$18,000,000,000.00 |
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[4th of 136]
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Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
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. |
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Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
Exchange rates
euros per US dollar - 0.8054 (2004), 0.886 (2003), 1.0626 (2002), 1.1175 (2001), 1.0854 (2000) |
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Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
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Exports
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$716,300,000.00 |
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[140th of 189]
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Source: CIA World Factbook, 28 July 2005 |
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Exports to US
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$3,500,000.00 |
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[151st of 224]
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Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
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GDP
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$870,000,000.00 |
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[160th of 203]
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Source: US Census Bureau |
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GDP (purchasing power parity)
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$976,300,000.00 |
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[178th of 187]
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Source: World Development Indicators database and CIA World Factbook |
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GDP > Composition by sector > Industry
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4.9% |
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[136th of 146]
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Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
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GDP > Real growth rate
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0.9% |
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[4th of 198]
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Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
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Imports
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$916,100,000.00 |
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[149th of 185]
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Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
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Inflation rate (consumer prices)
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1.9% |
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[6th of 192]
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Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
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International tourism, number of arrivals
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286,000
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[103rd of 190]
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Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
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Tourist arrivals
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259,000 |
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[91st of 152]
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Source: World Development Indicators database |
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Tourist arrivals by region of origin > Africa
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2,601 |
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[87th of 142]
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Source: United Nations World Statistics Pocketbook and Statistical Yearbook |
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Tourist arrivals by region of origin > Europe
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214,131 |
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[90th of 195]
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Source: Source: World Tourism Organization Statistics Database and Yearbook | United Nations World Tourism Organization |
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Trade balance with US
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$1,000,000.00 |
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[84th of 224]
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Source: Source: World Tourism Organization Statistics Database and Yearbook | United Nations World Tourism Organization |
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Trade with US > US exports of textile, sewing machines
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0 |
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[168th of 183]
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Source: US Census Bureau |
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