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Monaco

Constitutional MonarchyPop32KGDP (PPP)$8.9BCI75BetaCP0.0Beta

Overview

Background
The Genoese built a fortress on the site of present-day Monaco in 1215. The current ruling GRIMALDI family first seized control in 1297 but was not able to permanently secure its 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, coastal Mediterranean scenery, and gambling facilities have made Monaco world-famous as a tourist and recreation center.

Geography

Area

Land
2 sq km
Water
0 sq km
Total
2 sq km
Climate
Mediterranean with mild, wet winters and hot, dry summers
Terrain
hilly, rugged, rocky

Land Use

Other
100% (2022 est.)
Forest
0% (2022 est.)
Agricultural land
0% (2022 est.)
Agricultural land: arable land
arable land: 0% (2018 est.)
Agricultural land: permanent crops
permanent crops: 1% (2018 est.)
Agricultural land: permanent pasture
permanent pasture: 0% (2018 est.)
Location
Western Europe, bordering the Mediterranean Sea on the southern coast of France, near the border with Italy
Coastline
4.1 km

Elevation

Lowest point
Mediterranean Sea 0 m
Highest point
Chemin des Revoires on Mont Agel 162 m
Irrigated land
0 sq km (2022)
Map references
Europe

Land Boundaries

Total
6 km
Border countries
France 6 km

Maritime Claims

Territorial sea
12 nm
Exclusive economic zone
12 nm
Natural hazards
none
Geography note
second-smallest independent state in the world (after the Holy See); smallest country with a coastline; almost entirely urban
Natural resources
none
Area comparative
about three times the size of the National Mall in Washington, D.C.
Geographic coordinates
43 44 N, 7 24 E
Population distribution
the second most densely populated country in the world (after Macau); its entire population lives on 2 sq km (0.8 sq mi)

People & Society

Languages

Languages
French (official), English, Italian, Monegasque
Major language sample(s)

The World Factbook, une source indispensable d'informations de base. (French)

The World Factbook, the indispensable source for basic information.
Religions
Roman Catholic 90% (official), other 10%

Sex Ratio

At birth
1.04 male(s)/female
0 14 years
1.05 male(s)/female
15 64 years
1.02 male(s)/female
Total population
0.93 male(s)/female (2024 est.)
65 years and over
0.8 male(s)/female
Birth rate
6.46 births/1,000 population (2025 est.)
Death rate
11.36 deaths/1,000 population (2025 est.)

Median Age

Male
55 years
Total
57.5 years (2025 est.)
Female
58.4 years

Population

Male
15,467
Total
32,047 (2025 est.)
Female
16,580

Nationality

Noun
Monegasque(s) or Monacan(s)
Adjective
Monegasque or Monacan

Urbanization

Urban population
100% of total population (2023)
Rate of urbanization
0.5% annual rate of change (2020-25 est.)

Age Structure

0 14 years
9.1% (male 1,485/female 1,408)
15 64 years
53.8% (male 8,620/female 8,490)
65 years and over
37.1% (2024 est.) (male 5,261/female 6,549)
Ethnic groups
Monegasque 32.1%, French 19.9%, Italian 15.3%, British 5%, Belgian 2.3%, Swiss 2%, German 1.9%, Russian 1.8%, American 1.1%, Dutch 1.1%, Moroccan 1%, other 16.6% (2016 est.)

Dependency Ratios

Total dependency ratio
88.7 (2025 est.)
Youth dependency ratio
16.6 (2025 est.)
Potential support ratio
1.4 (2025 est.)
Elderly dependency ratio
72.1 (2025 est.)
Physician density
8.61 physicians/1,000 population (2020)

Health Expenditure

Health expenditure (as % of GDP)
3.7% of GDP (2021)
Health expenditure (as % of national budget)
12% of national budget (2022 est.)
Net migration rate
12.48 migrant(s)/1,000 population (2025 est.)
Total fertility rate
1.55 children born/woman (2025 est.)

Drinking Water Source

Improved: total
total: 100% of population (2022 est.)
Improved: urban
urban: 100% of population (2022 est.)
Unimproved: total
total: 0% of population (2022 est.)
Unimproved: urban
urban: 0% of population (2022 est.)

Education Expenditure

Education expenditure (% GDP)
1.7% of GDP (2023 est.)
Education expenditure (% national budget)
7.7% national budget (2023 est.)

Infant Mortality Rate

Male
2 deaths/1,000 live births
Total
1.7 deaths/1,000 live births (2025 est.)
Female
1.4 deaths/1,000 live births
Population growth rate
0.76% (2025 est.)
Gross reproduction rate
0.76 (2025 est.)
Population distribution
the second most densely populated country in the world (after Macau); its entire population lives on 2 sq km (0.8 sq mi)

Life Expectancy at Birth

Male
86 years
Female
93.7 years
Total population
89.8 years (2024 est.)
Maternal mortality ratio
5 deaths/100,000 live births (2023 est.)

Sanitation Facility Access

Improved: total
total: 100% of population (2022 est.)
Improved: urban
urban: 100% of population (2022 est.)
Unimproved: total
total: 0% of population (2022 est.)
Unimproved: urban
urban: 0% of population (2022 est.)
Major urban areas population
39,000 MONACO (capital) (2018)

School Life Expectancy (Primary to Tertiary Education)

Male
20 years (2024 est.)
Total
21 years (2024 est.)
Female
22 years (2024 est.)

Government

Civica · structure

How power is organised

Head of StateAlbert II, Prince of MonacoExecutive of MonacocabinetNational CouncilLower chamber · 24 seatsHead of GovernmentPhilippe Mettoux
ExecutiveLegislative
Flag
description: two equal horizontal bands of red (top) and white

history: uses the colors of the ruling House of Grimaldi; colors have been in use since 1339, making it one of the world's oldest national flags

Capital

Name
Monaco
Etymology
founded as a Greek colony in the 6th century B.C., the name's origin is unclear; it could derive from the Greek term monoikos (solitary), the Ligurian word monegu (rock), or the Basque word muno (mountain)
Time difference
UTC+1 (6 hours ahead of Washington, DC, during Standard Time)
Daylight saving time
+1hr, begins last Sunday in March; ends last Sunday in October
Geographic coordinates
43 44 N, 7 25 E
Suffrage
18 years of age; universal

Citizenship

Citizenship BY birth
no
Citizenship BY descent only
the father must be a citizen of Monaco; in the case of a child born out of wedlock, the mother must be a citizen and father unknown
Dual citizenship recognized
no
Residency requirement for naturalization
10 years

Constitution

History
previous 1911 (suspended 1959); latest adopted 17 December 1962
Amendment process
proposed by joint agreement of the chief of state (the prince) and the National Council; passage requires two-thirds majority vote of National Council members

Country Name

Etymology
founded as a Greek colony in the 6th century B.C., the name's origin is unclear; it could derive from the Greek term monoikos (solitary), the Ligurian word monegu (rock), or the Basque word muno (mountain)
Local long form
Principauté de Monaco
Local short form
Monaco
Conventional long form
Principality of Monaco
Conventional short form
Monaco
Independence
1419 (beginning of permanent rule by the House of GRIMALDI)
Legal system
civil law system influenced by French legal tradition
Government type
constitutional monarchy

Judicial Branch

Highest court(s)
Supreme Court (consists of 5 permanent members and 2 substitutes)
Subordinate courts
Court of Appeal; Civil Court of First Instance
Judge selection and term of office
Supreme Court members appointed by the monarch upon the proposals of the National Council, State Council, Crown Council, Court of Appeal, and Trial Court

Executive Branch

Cabinet
Council of Government under the authority of the monarch
Chief of state
Prince ALBERT II (since 6 April 2005)
Head of government
Minister of State Christophe MIRMAND (since 21 July 2025)
Election/appointment process
the monarchy is hereditary; minister of state appointed by the monarch from a list of three French national candidates presented by the French Government
National holiday
National Day (Saint Rainier's Day), 19 November (1857)
National color(s)
red, white
Political parties
Monegasque National Union (includes Horizon Monaco, Primo!, Union Monegasque)
Horizon Monaco 
Priorite Monaco or Primo! 
Union Monegasque 

Legislative Branch

Term in office
5 years
Number of seats
24 (all directly elected)
Electoral system
proportional representation
Legislature name
National Council (Conseil national)
Scope of elections
full renewal
Legislative structure
unicameral
Most recent election date
2/5/2023
Expected date of next election
February 2028
Percentage of women in chamber
45.8%
Parties elected and seats per party
Monegasque National Union - l’Union (24)

National Anthem(s)

Title
"A Marcia de Muneghu" (The March of Monaco)
History
music adopted 1867, lyrics adopted 1931; only the Monegasque lyrics are official; the French version is known as "Hymne Monegasque" (Monegasque Anthem); the words are usually only sung on official occasions
Lyrics/music
Louis NOTARI/Charles ALBRECHT
National symbol(s)
red and white lozenges (diamond shapes)
Administrative divisions
no first-order administrative divisions as defined by the US government, but 4 quarters (quartiers, singular - quartier); Fontvieille, La Condamine, Monaco-Ville, Monte-Carlo

Diplomatic Representation in the US

Fax
[1] (202) 244-7656
Chancery
888 17th Street NW, Suite 500, Washington, DC 20006
Telephone
[1] (202) 234-1530
Chief of mission
Ambassador Maguy MACCARIO DOYLE (since 3 December 2013)
Consulate(s) general
New York
Email address and website

info@monacodc.org

https://monacodc.org/index.html

Diplomatic Representation from the US

Embassy
US does not have an embassy in Monaco; the US Ambassador to France is accredited to Monaco; the US Consul General in Marseille (France), under the authority of the US Ambassador to France, handles diplomatic and consular matters concerning Monaco; +(33)(1) 43-12-22-22, enter zero "0" after the automated greeting; US Embassy Paris, 2 Avenue Gabriel, 75008 Paris, France
International organisations
CD, CE, FAO, IAEA, ICAO, ICC (national committees), ICRM, IFRCS, IHO, IMO, IMSO, Interpol, IOC, IPU, ITSO, ITU, OAS (observer), OIF, OPCW, OSCE, Schengen Convention (de facto member), UN, UNCTAD, UNESCO, UNIDO, Union Latina, UNWTO, UPU, WHO, WIPO, WMO
International law organization participation
has not submitted an ICJ jurisdiction declaration; non-party state to the ICCt

Legislature

MONACO · LEGISLATURE

National Council

24 seats · hover a seat for the party
ROSTRUMMAJORITY 13
Total seats
24
Majority line
13
Largest party
Priorité Monaco
Parties
8
All political parties8 parties · 24 seats · click to dim in hemicycle

Leaders

Current

  • Albert II, Prince of Monaco

    • Head of StateSince 2005
  • Philippe Mettoux

    • Head of GovernmentSince 2025

Economy

Industries
banking, insurance, tourism, construction, small-scale industrial and consumer products

Exchange Rates

Note
note: while not an EU member state, Monaco, due to its preexisting monetary and banking agreements with France, has a 1998 monetary agreement with the EU to produce limited euro coinage—but not banknotes—that began enforcement in January 2002 and superseded by a new EU agreement in 2012
Currency
euros (EUR) per US dollar -
Exchange rates 2020
0.876 (2020 est.)
Exchange rates 2021
0.845 (2021 est.)
Exchange rates 2022
0.95 (2022 est.)
Exchange rates 2023
0.925 (2023 est.)
Exchange rates 2024
0.924 (2024 est.)
Economic overview
high-income European economy; non-EU euro user; considered a tax haven; tourism and banking are largest sectors; negatively impacted by COVID-19; major oceanographic museum; among most expensive real estate; major state-owned enterprises
Exports partners
Italy, Switzerland, Germany, Belgium, Spain
(2021)
Imports partners
Italy, Switzerland, United Kingdom, Germany, China  (2021)

Real GDP Per Capita

Civica canonical (reconciled)
$270,100 (2024 est.)
Note
note: data in 2015 dollars
Real GDP per capita 2022
$226,100 (2022 est.)
Real GDP per capita 2023
$256,600 (2023 est.)
Real GDP per capita 2024
$270,100 (2024 est.)

Real GDP Growth Rate

Civica canonical (reconciled)
8.5%
Note
note: annual GDP % growth based on constant local currency
Real GDP growth rate 2021
22.2% (2021 est.)
Real GDP growth rate 2022
11% (2022 est.)
Real GDP growth rate 2023
5% (2023 est.)
Agricultural products
none
Exports commodities
jewelry, perfumes, watches, packaged medicines, cars (2021)
Imports commodities
jewelry, cars and vehicle parts, recreational boats, plastic products, artwork (2021)
GDP (official exchange rate)
$10.434 billion (2024 est.)

Inflation Rate (Consumer Prices)

Civica canonical (reconciled)
5.9% (2022 est.)
Note
note: annual % change based on consumer prices
Inflation rate (consumer prices) 2020
0.5% (2020 est.)
Inflation rate (consumer prices) 2021
2.1% (2021 est.)
Inflation rate (consumer prices) 2022
5.9% (2022 est.)

Real GDP (Purchasing Power Parity)

Civica canonical (reconciled)
$8.924 billion (2024 est.)
Note
note: data in 2015 dollars
Real GDP (purchasing power parity) 2022
$8.329 billion (2022 est.)
Real GDP (purchasing power parity) 2023
$8.749 billion (2023 est.)
Real GDP (purchasing power parity) 2024
$8.924 billion (2024 est.)

GDP Composition, BY Sector of Origin

Note
note: figures may not total 100% due to non-allocated consumption not captured in sector-reported data
Industry
11.5% (2023 est.)
Services
88.5% (2023 est.)

Energy

Electricity Access

Electrification total population
100% (2022 est.)

Communications

Internet Users

Percent of population
99% (2023 est.)
Broadcast media
TV Monte-Carlo operates a TV network; cable TV available; Radio Monte-Carlo has extensive radio networks in France and Italy, with French-language broadcasts to France beginning in the 1960s and Italian-language broadcasts to Italy beginning in the 1970s; other radio stations include Riviera Radio and Radio Monaco
Internet country code
.mc

Telephones Fixed Lines

Total subscriptions
43,000 (2023 est.)
Subscriptions per 100 inhabitants
111 (2023 est.)

Telephones Mobile Cellular

Total subscriptions
41,500 (2024 est.)
Subscriptions per 100 inhabitants
107 (2024 est.)

Broadband Fixed Subscriptions

Total
22,000 (2023 est.)
Subscriptions per 100 inhabitants
56 (2023 est.)

Transport

Ports

Large
0
Small
0
Medium
0
Key ports
Monaco
Very small
1
Total ports
1 (2024)
Ports with oil terminals
0
Railways
note: Monaco has a single railway station but does not operate its own train service;  the French operator SNCF operates rail services in Monaco
Heliports
3 (2025)

Merchant Marine

Total
1
Civil aircraft registration country code prefix
3A

Environment

Climate
Mediterranean with mild, wet winters and hot, dry summers

Land Use

Other
100% (2022 est.)
Forest
0% (2022 est.)
Agricultural land
0% (2022 est.)
Agricultural land: arable land
arable land: 0% (2018 est.)
Agricultural land: permanent crops
permanent crops: 1% (2018 est.)
Agricultural land: permanent pasture
permanent pasture: 0% (2018 est.)

Urbanization

Urban population
100% of total population (2023)
Rate of urbanization
0.5% annual rate of change (2020-25 est.)

Waste and Recycling

Municipal solid waste generated annually
46,000 tons (2024 est.)
Percent of municipal solid waste recycled
5.4% (2012 est.)

Total Water Withdrawal

Municipal
10 million cubic meters (2020 est.)
Industrial
0 cubic meters (2017 est.)
Agricultural
0 cubic meters (2017 est.)
Particulate matter emissions
9.2 micrograms per cubic meter (2019 est.)

International Environmental Agreements

Party to
Air Pollution, Air Pollution-Heavy Metals, Air Pollution-Sulphur 94, Air Pollution-Volatile Organic Compounds, Antarctic-Environmental Protection, Antarctic Treaty, Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Climate Change-Paris Agreement, Comprehensive Nuclear Test Ban, Desertification, Endangered Species, Hazardous Wastes, Law of the Sea, Marine Dumping-London Convention, Ozone Layer Protection, Ship Pollution, Wetlands, Whaling
Signed, but not ratified
none of the selected agreements

Military & Security

Military note
by treaty, France is responsible for defending the independence and sovereignty of Monaco
Military and security forces
no regular military forces; Prince’s Company of Carabiniers (Compagnie des Carabiniers du Prince, Police Department (Direction de la Sûreté Publique), Fire and Emergency Service (Corps des Sapeurs-pompiers de Monaco) (2025)

Transnational Issues

Refugees and Internally Displaced Persons

Refugees
17 (2024 est.)

Scores & Rankings

ScoreValueGlobal rankTrendAs of
Civica Index75.0 / 100as of 2024-Q434 / 1902024-Q4
Freedom House StatusPartly Free (83/100)as of 2024-Q42024-Q4
Press Freedom (RSF)Partly free (50/100)as of 20242024

Cite this page

Cite this pageAPA · BibTeX · Chicago · JSON
Civica. (2026). Civica Atlas — Monaco — vintage 2026-Q1: Monaco factbook. Civica Atlas. Retrieved May 7, 2026, from https://civicaatlas.org/factbook/monaco
Sources: UN Statistics Division, UNDP HDR, UNESCO Institute for Statistics, WHO Global Health Observatory, World Bank, CIA World Factbook, Wikidata