27, May 2012, CEST. Welcome to the Monaco economic statistics pages provided by the beta version of EconomyWatch.com's Econ Stats database.
Economic Indicators For: Monaco › Change country
National or Regional Currency: Euro, EUR
Year of data: 2010 › Change year
Number of Indicators Listed:
Full Dataset: From Year 1980 to 2016
Date of Last Update: 1st August 2011
Population: 30,539 (July 2011 est.)
Area: total: 2 sq km
land: 2 sq km
water: 0 sq km
Natural Resources: none
Capital: 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
Data Sources: IMF, World Bank, UN, OECD, CIA World Factbook, Internet World Statistics, The Heritage Foundation and Transparency International
Monaco, bordering France on the Mediterranean coast, is a popular resort, attracting tourists to its casino and pleasant climate. It is a stable financial services sector and has successfully sought to diversify into services and small, high-value-added, nonpolluting industries. The state has no income tax and low business tax. The nation thrives as a tax haven both for individuals who have established residence and for foreign companies that have set up businesses and offices.
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