Monaco

Official namePrincipality of Monaco
Name in local languagePrincipauté de Monaco (fr)
ContinentEurope
SubcontinentEurope (outside the European Union)
Population (ranking: 227e)38,300 inhabitants (2018)
Population growth2.00 % / year
Area2 km²
Density18,960.40 inhabitants / km²
GDP (ranking: 159e)6.510 billions $USD (2017)
GDP/capita (ranking)101,675 $USD (2017)
GDP growth-3.50 % / year (2017)
Life expectancy (ranking)85.00 years (2015)
Birth rate13.10 ‰ (2015)
Fertility rate2.60 children / woman (2015)
Death rate (ranking)10.40 ‰ (2015)
Infant mortality rate (ranking)1.81 ‰ (2014)
Literacy rate100.00 % (2019)
Official languagesFrench
CurrencyEuro (€ EUR)
HDI (ranking: 6e)0.956 / 1 (2008)
EPI (ranking)unknown
GovernmentUnitary parliamentary constitutional monarchy
Head of StatePrince Albert II
National Day19 November (prince's Rainier III day)
ISO CodesMC, MCO
DemonymMonégasque, Monacan
Tourists (ranking)355,000 people (2017)
Monaco – petite
A cramped country that wants to grow

Monaco is a country in Western Europe, as well as a municipality of the same name occupying the same area as the State itself. It is located at the edge of the Mediterranean Sea, along the Côte d’Azur, landlocked in France, about twenty kilometers east of Nice.

Monaco
Monaco. Photo: Diego Delso

The small principality is particularly cramped in its 2.02 km2 for its 38,300 inhabitants (2018). And this number continues to grow each year faster and faster.
Space is lacking on the land, but not on the sea, and the country could soon gain on the water, by dint of gigantic works, which would represent more than its current surface!

Tour Odéon, Monaco
Tour Odéon, Monaco. Photo: Most Beautiful Spots

The economy is mainly based on services, especially financial, the country being a tax haven for many very rich people. Real estate is also a driver of local economic development. However, some industrial activities and research and development are located on “the Rock”: pharmacy, chemistry, cosmetics in particular.
Finally tourism, luxury or for business people, is an important resource.

Monaco
Monaco. Photo: Tobi 87
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Urban areas (2016)
Urban areasPopulation
Monaco - Menton111,855 inhabitants
See all urban areas
Administrative divisions
QuartersPopulationArea
Fontvieille4,420 inhabitants0 km²
Jardin Exotique5,117 inhabitants0 km²
La Condamine5,141 inhabitants0 km²
La Rousse7,087 inhabitants0 km²
Larvotto2,026 inhabitants0 km²
Les Moneghetti4,195 inhabitants0 km²
Monaco-Ville1,064 inhabitants0 km²
Monte-Carlo8,259 inhabitants0 km²
See all administrative divisions
See also