ABC logo

. Index

. Flag

. Geography

. People

. Government

. Economy

. Transportation

. Commun'tions

. Defense

. Geo Names

. Feedback

===========

Ad

Monaco


    • Overview:
      Monaco, situated on the French Mediterranean coast, is a popular resort, attracting tourists to its casino and pleasant climate. The Principality 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. About 50% of Monaco's annual revenue comes from value-added taxes on hotels, banks, and the industrial sector; about 25% of revenue comes from tourism. Living standards are high, that is, roughly comparable to those in prosperous French metropolitan suburbs.

    • National product:
      GDP - purchasing power parity - $558 million (1993 est.)

    • National product real growth rate:
      NA%

    • National product per capita:
      $18,000 (1993 est.)

    • Inflation rate (consumer prices):
      NA%

    • Unemployment rate:
      NEGL%

    • Budget:

        revenues:
        $424 million

        expenditures:
        $376 million, including capital expenditures of $NA (1991 est.)

    • Exports:
      $NA; full customs integration with France, which collects and rebates Monacan trade duties; also participates in EU market system through customs union with France

    • Imports:
      $NA; full customs integration with France, which collects and rebates Monacan trade duties; also participates in EU market system through customs union with France

    • External debt:
      $NA

    • Industrial production:
      growth rate NA%

    • Electricity:

        capacity:
        10,000 kW standby; power imported from France

        production:
        NA kWh

        consumption per capita:
        NA kWh (1993)

    • Agriculture:
      none

    • Economic aid:
      $NA

    • Currency:
      1 French franc (F) = 100 centimes

    • Exchange rates:
      French francs (F) per US$1 - 5.9243 (January 1995), 5.520 (1994), 5.6632 (1993), 5.2938 (1992), 5.6421 (1991), 5.4453 (1990)

    • Fiscal year:
      calendar year






Thank you for making this an award winning site

Please put this page in your BOOKMARKS - - - - -




ITA Home Page
The IMMIGRATION Superhighway Feedback

ITA WWWDesign
Flags of all Countries
Yahoo search

Revised 13-August-1997