Attribute | Value |
---|---|
Geography | |
Area | 2 km² |
Continent | Europe |
Land area | 2 km² |
Water area | 0 km² |
Land boundaries | 6 km |
Border countries |
|
Coastline | 4.1 km |
Mean elevation | Add |
Lowest point | 0 m |
Highest point | 162 m |
People | |
Population | 39,000 |
Official languages |
|
Religion | Roman Catholic |
Government | |
Long country name | Principality of Monaco |
Short country name | Monaco |
Long local name | Principaute de Monaco |
Short local name | Monaco |
Former name | Add |
Government type | Constitutional monarchy |
Capital | Monaco |
Economy | |
GDP (PPP) | 7,672,000,000 USD |
GDP (OER) | 6,006,000,000 USD |
GDP (real growth rate) | 5.4 % |
GDP - per capita (PPP) | 115,700 USD |
Gross national saving | Add |
Labor force | 52,000 |
Unemployment rate | 2 % |
Population below poverty line | Add |
Budget revenues | 896,300,000 USD |
Budget expenditures | 953,600,000 USD |
Military expenditures | Add |
Taxes and other revenues | 14.9 % of GDP |
Budget surplus or deficit | -1 % of GDP |
Public debt | Add |
Inflation rate | 1.5 % |
Central bank discount rate | Add |
Commercial bank prime lending rate | Add |
Stock of narrow money | Add |
Stock of broad money | Add |
Stock of domestic credit | Add |
Market value of publicly traded shares | Add |
Current account balance | Add |
Exports | 964,600,000 USD |
Imports | 1,371,000,000 USD |
Reserves of foreign exchange and gold | Add |
External debt | Add |
National currency | euros |
National currency (code) | EUR |
National currency (symbol) | € |
National currency rate to USD | 0.885 |
The Genoese built a fortress on the site of present day Monaco in 1215. The current ruling GRIMALDI family first seized control in 1297 but was not able to permanently secure its holding until 1419. Economic development was spurred in the late 19th century with a railroad linkup to France and the opening of a casino. Since then, the principality's mild climate, splendid scenery, and gambling facilities have made Monaco world famous as a tourist and recreation center.