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Monaco

Official name Principality of Monaco
Name in local language Principauté de Monaco (fr)
Continent Europe
Subcontinent Europe (outside the European Union)
Population (ranking: 228e) 38,100 inhabitants (2020)
Population growth 2.00 % / year
Area 2 km²
Density 18,861.39 inhabitants / km²
GDP (ranking: 167e) 6.401 billions $USD (2017)
GDP/capita (ranking) 166,726 $USD (2017)
GDP growth -3.50 % / year (2017)
Life expectancy (ranking) 85.00 years (2015)
Birth rate 13.10 ‰ (2015)
Fertility rate 2.60 children / woman (2015)
Death rate (ranking) 10.40 ‰ (2015)
Infant mortality rate (ranking) 1.81 ‰ (2014)
Literacy rate 100.00 % (2019)
Official languages French
Currency Euro (€ EUR)
HDI (ranking: 6e) 0.956 / 1 (2008)
EPI (ranking) 0.00 (2018)
Government Unitary parliamentary constitutional monarchy
Head of State Prince Albert II
National Day 19 November (prince's Rainier III day)
ISO Codes MC, MCO
Demonym Monégasque, Monacan
Tourists (ranking) 355,000 people (2017)
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. 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. 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. Photo: Tobi 87
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Urban areas (2018)
Urban areas Population
Monaco - Menton 112,975 inhabitants
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Administrative divisions
Quarters Population Area
Fontvieille 4,420 inhabitants 0 km²
Jardin Exotique 5,117 inhabitants 0 km²
La Condamine 5,141 inhabitants 0 km²
La Rousse 7,087 inhabitants 0 km²
Larvotto 2,026 inhabitants 0 km²
Les Moneghetti 4,195 inhabitants 0 km²
Monaco-Ville 1,064 inhabitants 0 km²
Monte-Carlo 8,259 inhabitants 0 km²
See all administrative divisions
See also
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