The GDP per capita in Monaco is $85,500 while in Curacao it is $15,000
This entry shows GDP on a purchasing power parity basis divided by population as of 1 July for the same year. A nation's GDP at purchasing power parity (PPP) exchange rates is the sum value of all goods and services produced in the country valued at prices prevailing in the United States. This is the measure most economists prefer when looking at per-capita welfare and when comparing living conditions or use of resources across countries. The measure is difficult to compute, as a US dollar value has to be assigned to all goods and services in the country regardless of whether these goods and services have a direct equivalent in the United States (for example, the value of an ox-cart or non-US military equipment); as a result, PPP estimates for some countries are based on a small and sometimes different set of goods and services. In addition, many countries do not formally participate in the World Bank's PPP project that calculates these measures, so the resulting GDP estimates for these countries may lack precision. For many developing countries, PPP-based GDP measures are multiples of the official exchange rate (OER) measure. The differences between the OER- and PPP-denominated GDP values for most of the wealthy industrialized countries are generally much smaller.
Source: CIA World Factbook
Monaco has an unemployment rate of 2.00% while Curacao has 13.00%
This entry contains the percent of the labor force that is without jobs.
Source: CIA World Factbook
62 in every 100,000 people are currently imprisoned in Monaco compared to 285 in Curacao
This entry contains the number of people in penal institutions, including pre-trial detainees. Comparability is hampered by differences in local practice, including whether psychiatrically ill offenders are under the authority of the prison administration. People held in a form of custody not under the authority of a prison administration are not included in this figure.
Source: International Centre for Prison Studies
With its 30,508 people, Monaco is the 213th largest country in the world by population. It is the 217th largest country in the world by area with 2 square kilometers.
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. Since then, the principality's mild climate, splendid scenery, and gambling facilities have made Monaco world famous as a tourist and recreation center.
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