Imports$882.6 million (2010)
Exports$711 million (2010)
Inflation rate (consumer prices)1.5% (2010)
Unemployment rate0% (2005)
GDP - per capita (PPP)$NA (2010)
National product real growth rateNA% (2000 est.)
Internet users23,000 (2009)
Telephones - mobile cellular26,300 (2009)
Population growth rate-0.066% (2012 est.)
Population30,510 (July 2012 est.)
The Genoese built a fortress on the site of present day Monaco in 1215.
The current ruling Grimaldi family first seized temporary control in 1297, and again in 1331, but were not able to permanently secure their holding until 1419.
Economic development was spurred in the late 19th century with a railroad linkup to France and the opening of a casino....
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....