Monaco:
Economy

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Economy - overview	Definition Monaco, bordering France on the Mediterranean coast, is a popular resort, attracting tourists to its casino and pleasant climate. The principality also is a major banking center and 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. 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.
GDP (purchasing power parity)	Definition - World rank and map $976.3 million note: Monaco does not publish national income figures; the estimates are extremely rough (2006 est.)
GDP (official exchange rate)	Definition $NA
GDP - real growth rate	Definition - World rank and map 0.9% (2000 est.)
GDP - per capita	Definition - World rank and map $30,000 (2006 est.)
GDP - composition by sector	Definition agriculture: 0% industry: 4.9% services: 95.1% (2005)
Labor force	Definition 44,000 note: includes workers from all foreign countries (2005 est.)
Unemployment rate	Definition - World rank and map 0% (2005)
Population below poverty line	Definition NA%
Household income or consumption by percentage share	Definition lowest 10%: NA% highest 10%: NA%
Inflation rate (consumer prices)	Definition - World rank and map 1.9% (2000)
Budget	Definition revenues: $863 million expenditures: $920.6 million (2005 est.)
Agriculture - products	Definition none
Industries	Definition tourism, construction, small-scale industrial and consumer products
Industrial production growth rate	Definition - World rank and map NA%
Electricity - consumption	Definition - World rank and map NA kWh
Electricity - imports	Definition NA kWh; note - electricity supplied by France
Exports	Definition - World rank and map $716.3 million note: full customs integration with France, which collects and rebates Monegasque trade duties; also participates in EU market system through customs union with France (2005)
Imports	Definition - World rank and map $916.1 million note: full customs integration with France, which collects and rebates Monegasque trade duties; also participates in EU market system through customs union with France (2005)
Debt - external	Definition - World rank and map $18 billion (2000 est.)
Market value of publicly traded shares	Definition $NA
Economic aid - recipient	Definition $NA
Currency (code)	Definition euro (EUR)
Exchange rates	Definition euros per US dollar - 0.7345 (2007), 0.7964 (2006), 0.8041 (2005), 0.8054 (2004), 0.886 (2003)
Fiscal year	Definition calendar year