The monthly minimum wage in Monaco is 2056 USD. Monaco has a national debt equal to 77% of the country's gross domestic product (GDP) estimated in 2012. In terms of consumer prices, inflation in Monaco is 1.5%. The currency of Monaco is the euro. There are several plural forms of the name "euro". These are euros, euros. The symbol used for this currency is €, abbreviated to EUR. The euro is divided into cents; 1 euro is 100. Every year, consumers spend around 3,564 million US dollars. The ratio of consumer spending to GDP in Monaco is 0.05%, and the ratio of consumer spending to world consumer market is 1.03%. Corporate tax in Monaco is 0%. The minimum income tax is 0%. VAT in Monaco is 20%.

Gross domestic product
Total Gross Domestic Product (GDP) valued at Purchasing Power Parity (PPP) in Monaco is US$7 billion. The gross domestic product (GDP) per capita calculated in Purchasing Power Parity (PPP) in Monaco was last seen at $174,564. PPP in Monaco is considered very good in an international comparison. A very good PPP shows that citizens in this country find it easy to buy local goods. Local goods can include food, shelter, clothing, healthcare, personal hygiene, essential furnishings, transportation and communications, laundry, and various types of insurance. Countries with very good PPP are safe investment locations. The total gross domestic product (GDP) in Monaco is 6,559 billion. Based on this statistic, Monaco is considered to be medium strong. Middle economy countries support an average number of industries and investment opportunities. It shouldn't be too difficult to find worthwhile investment opportunities in mid-sized economies. Gross domestic product (GDP) per capita in Monaco was last seen at $168,624,830. The average citizen in Monaco has a very high net worth. Countries with very high per capita wealth have a longer life expectancy and a very high standard of living. Highly skilled labor can be found in many industries and labor is very expensive in these countries. Very wealthy countries offer safe investment opportunities as they are often backed by a diverse and thriving financial sector. The annual GDP growth rate in Monaco averaged 9.3% in 2014. According to this percentage, Monaco is currently experiencing significant growth. Significant growth countries offer the best opportunities for a significant return on investment, as the GDP growth rate is the most important indicator of economic health. As GDP grows, so do businesses, jobs and personal income.