Sunday, March 6, 2011

Unemployment rate worldwide

Interesting to find out that the 10 countries with lowest unemployment rate in the world according to the statistic 2010 are:

10. Papa New Guinea - 1.90%

9. Cuba - 1.80%

8. Vanuatu - 1.70%

7. Liechtenstein - 1.50%

6. Faroe Islands - 1.40%

5. Guernsey - 0.90%

4. Azerbaijan - 0.80%

3. Qatar - 0.06%

2. Andorra - 0.00%

1. Monaco - 0.00%

Monaco is the ultimate tax haven for the rich and famous, known worldwide as a hangout for the playboys and superstars. This tiny city-state has a population of just 32965 and an area of just under 2 square kilometers! Wealthy foreign investors make up 84% of its population, with the countries main industry therefore considered 'tourism'. The city takes billions of dollars each year in its casinos, and also has a massive pier for luxury cruise liners and private yachts. Monaco levies zero income tax on individuals, thus most of the money in the country is brought in from outside sources.

I wonder how good statistic system in these countries?? :) Does anyone fancy migration?

Further reading on unemployment rate in 200 countries www.cia.gov

Source hubpages.com

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