Why Is Monaco So Rich?

Monaco is the second smallest country in the world after Vatican City. It can be called a city state, meaning the entire country only really has one main city. You might also call it a microstate.

One of the largest and well-known of these micro states is Singapore, which has a land mass of 714 km2 (276 sq. miles) and a population of around 5.8 million. But Monaco really is micro.

It has a land mass of 2.02 km2 (0.78 sq. miles) and a population of just 38,900, people.

But why is this small place on France’s Mediterranean coastline so wealthy? That’ what we’ll regain out today, in this episode of the Infographics Show, What Makes Monaco So Rich?

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Sources for this episode:
https://pastebin.com/KekLkSza