32965
French (official), English, Italian, Monegasque
MONACO (capital) 38,000 (2014)
- Conventional long form
- Principality of Monaco
- Conventional short form
- Monaco
- Local long form
- Principaute de Monaco
- Local short form
- Monaco
constitutional monarchy
- Name
- Monaco
- Geographic coordinates
- 43 44 N, 7 25 E
- Time difference
- UTC+1 (6 hours ahead of Washington, DC, during Standard Time)
- Daylight saving time
- +1hr, begins last Sunday in March; ends last Sunday in October
has not submitted an ICJ jurisdiction declaration; non-party state to the ICCt
Monaco, bordering France on the Mediterranean coast, is a popular resort, attracting tourists to its casino and pleasant climate. The principality also is a banking center and has successfully sought to diversify into services and small, high-value-added, nonpolluting industries. 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.
- Inflation
- None%
- Total tax rate (% of commercial profits)
- None%
- Real Interest Rate
- None%
- Manufacturing, value added (% of GDP)
- None%
- Current Account Balance
- US$
- Labor Force, Total
- Employment in Agriculture
- %
- Employment in Industry
- %
- Employment in Services
- %
- Unemployment Rate
- 3.60%
- Imports of goods and services
- US$
- Exports of goods and services
- US$
- Total Merchandise Trade
- %
- FDI, net inflows
- US$
- Commercial Service Exports
- US$
none
banking, insurance, tourism, construction, small-scale industrial and consumer products
- Commodities
- Partners
- Europe 73.2%, Africa 14.6%, America 5.2%, Asia 4.9% (2013 est.)
- Commodities
- Partners
- Europe 70.4%, Asia 20.8%, America 4.4%, Africa 4.1% (2013 est.)