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Monaco

Monaco Labor Stats

Definitions

  • GNI > Current LCU: GNI (current LCU). GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current local currency.
  • GNI > Current US$: GNI (current US$). GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars.
  • GNI > Current US$ per capita: GNI (current US$). GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • GNI per capita > Constant 2000 US$: GNI per capita (constant 2000 US$). GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant 2005 U.S. dollars.
  • Hours worked > Standard workweek: Standard workweek (hours).
  • Labor force: The total labor force figure
  • Labor force > Per capita: The total labor force figure Per capita figures expressed per 1,000 population.
  • Labor force participation > Employment to population ratio > Both sexes: Percentage of unemployed people out of total population able to work. Workers not able to work due to labor disputes, sickness and childcare do not count towards the percentage. 
  • Labor force participation > Employment to population ratio > Men: Percentage of unemployed men out of total male population able to work. Men not able to work due to labor disputes, sickness and childcare do not count towards the percentage.
  • Labor force participation > Employment to population ratio > Women: Percentage of unemployed women out of total female population able to work. Women not able to work due to labor disputes, sickness and childcare do not count towards the percentage.
  • Labor force participation rate > Employment-population ratio, men: Employment-to-population ratio, men, percentage.
  • Labor force participation rate > Employment-population ratio, women: Employment-to-population ratio, women, percentage.
  • Labor force per 1000: The total labor force figure. Figures expressed per thousand population for the same year.
  • Net income from abroad > Current US$: Net income from abroad (current US$). Net income includes the net labor income and net property and entrepreneurial income components of the SNA. Labor income covers compensation of employees paid to nonresident workers. Property and entrepreneurial income covers investment income from the ownership of foreign financial claims (interest, dividends, rent, etc.) and nonfinancial property income (patents, copyrights, etc.). Data are in current U.S. dollars.
  • Salaries and benefits > Hourly minimum wage: Hourly minimum wage at international USD (this means that discrepancies in purchasing power have been compensated for).
  • Salaries and benefits > Minimum wage: Minimum wage.

    No date was available from the Wikipedia article, so we used the date of retrieval.

  • Salaries and benefits > Monthly minimum wage: Monthly minimum wage ( EUR ).
  • Unemployment > Youth unemployment, both sexes: Percentage of population aged 15-24 that is unemployed. 
  • Unemployment rate: The percent of the labor force that is without jobs. Substantial underemployment might be noted.
STAT AMOUNT DATE RANK HISTORY
GNI > Current LCU 4.72 billion 2008 174th out of 195
GNI > Current US$ $6.92 billion 2008 138th out of 196
GNI > Current US$ per capita $193,892.32 2008 1st out of 196
GNI per capita > Constant 2000 US$ $126,599.40 2005 1st out of 195
Hours worked > Standard workweek 39 hours 2014 175th out of 183
Labor force 44,000 2005 119th out of 126
Labor force > Per capita 1,353.85 per 1,000 people 2005 1st out of 125
Labor force participation > Employment to population ratio > Both sexes 44.1% 2000 79th out of 89
Labor force participation > Employment to population ratio > Men 55.9% 2000 72nd out of 86
Labor force participation > Employment to population ratio > Women 33.2% 2000 68th out of 86
Labor force participation rate > Employment-population ratio, men 55.9% 2000 72nd out of 86
Labor force participation rate > Employment-population ratio, women 33.2% 2000 68th out of 86
Labor force per 1000 1,301.47 2005 1st out of 118
Net income from abroad > Current US$ 0.0 2008 50th out of 187
Salaries and benefits > Hourly minimum wage $9.43 2013 3rd out of 37
Salaries and benefits > Minimum wage url= http://service-public-particuliers.gouv.mc/Communiques2/SMIC-2013/SMIC-2014 |title=SMIC 2014 / SMIC 2013 / Communiqu\u00e9s / Service Public Particuliers- Monaco |language= (French) |publisher=Service-public-particuliers.gouv.mc |date= |accessdate=2014-03-04}}</ref> 2014
Salaries and benefits > Monthly minimum wage 1,593.67 EUR 2013 2nd out of 38
Unemployment > Youth unemployment, both sexes 6.9% 2000 64th out of 77
Unemployment rate 22% 1999 4th out of 14

SOURCES: World Bank national accounts data; World Bank national accounts data. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; Wikipedia: List of minimum wages by country (Countries) ("Country Reports on Human Rights Practices for 2013" . State.gov . Retrieved 2014-03-04 .); CIA World Factbooks 18 December 2003 to 28 March 2011; United Nations Statistics Division. Source tables; United Nations Statistics Division. Source tables; United Nations Statistics Division. Source tables; United Nations Statistics Division Original html; United Nations Statistics Division Original html; CIA World Factbooks 18 December 2003 to 28 March 2011. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; Wikipedia: List of minimum wages by country (Countries); Wikipedia: List of sovereign states in Europe by minimum wage (Minimum wages by country); United Nations Statistics Division. Source tables

Citation

  • Monaco has had the highest GNI > current US$ per capita since 1970.
  • Monaco ranked second for unemployment rate amongst Europe in 1999.
  • Monaco ranked first for labor force per 1000 amongst Christian countries in 2005.

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