Statistical information Monaco 2023

Monaco in the World
top of pageBackground: 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.
top of pageLocation: Western Europe, bordering the Mediterranean Sea on the southern coast of France, near the border with Italy
Geographic coordinates: 43 44 N, 7 24 E
Map reference:
EuropeAreaTotal: 2 km²
Land: 2 km²
Water: 0 km²
Comparative: about three times the size of the National Mall in Washington, DC
Land boundariesTotal: 6 km
Border countries: (1) France 6 kmCoastline: 4.1 km
Maritime claimsTerritorial sea: 12 nm
Exclusive economic zone: 12 nm
Climate: Mediterranean with mild, wet winters and hot, dry summers
Terrain: hilly, rugged, rocky
ElevationHighest point: Chemin des Revoires on Mont Agel 162 m
Lowest point: Mediterranean Sea 0 m
Natural resources: none
Land useAgricultural land: 1% (2018 est.)
Agricultural land arable land: 0% (2018 est.)
Agricultural land permanent crops: 1% (2018 est.)
Agricultural land permanent pasture: 0% (2018 est.)
Forest: 0% (2018 est.)
Other: 99% (2018 est.)
Irrigated land: 0 km² (2022)
Major riversMajor watersheds area km²Total water withdrawalMunicipal: 10 million cubic meters (2020 est.)
Industrial: 0 cubic meters (2017 est.)
Agricultural: 0 cubic meters (2017 est.)
Total renewable water resourcesNatural hazards: none
GeographyNote: second-smallest independent state in the world (after the Holy See); smallest country with a coastline; almost entirely urban
top of pagePopulationDistribution: the second most densely populated country in the world (after Macau); its entire population living on 2 square km: 31,597 (2023 est.)
Note: immigrants make up almost 68% of the total population, according to UN data (2019)
Growth rate: 0.66% (2023 est.)
Below poverty line: NA
NationalityNoun: Monegasque(s) or Monacan(s)
Adjective: Monegasque or Monacan
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.)
Note: data represent population by country of birth
Languages: French (official), English, Italian, Monegasque
Major-language samples:Gheos World Guide, une source indispensable d'informations de base. (French)
Gheos World Guide, the indispensable source for basic information.
Religions: Roman Catholic 90% (official), other 10%
Demographic profileAge structure0-14 years: 9.4% (male 1,522/female 1,448)
15-64 years: 54.42% (male 8,638/female 8,558)
65 years and over: 36.18% (2023 est.) (male 5,114/female 6,317)
Dependency ratiosTotal dependency ratio: 95.2
Youth dependency ratio: 25
Elderly dependency ratio: 70.2
Potential support ratio: 1.4 (2021)
Median ageTotal: 56.2 years (2023 est.)
Male: 54.5 years
Female: 57.6 years
Population growth rate: 0.66% (2023 est.)
Birth rate: 6.6 births/1,000 population (2023 est.)
Death rate: 10.9 deaths/1,000 population (2023 est.)
Net migration rate: 10.9 migrant(s)/1,000 population (2023 est.)
Population distribution: the second most densely populated country in the world (after Macau); its entire population living on 2 square km
UrbanizationUrban population: 100% of total population (2023)
Rate of urbanization: 0.5% annual rate of change (2020-25 est.)
Major urban areasPopulation: 39,000 MONACO (capital) (2018)
EnvironmentCurrent issues: no serious issues; actively monitors pollution levels in air and water
International 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
International agreements signed, but not ratified: none of the selected agreements
Air pollutantsParticulate matter emissions: 9.21 micrograms per cubic meter (2019 est.)
Methane emissions: 0.05 megatons (2020 est.)
Sex ratioAt birth: 1.04 male(s)/female
0-14 years: 1.05 male(s)/female
15-64 years: 1.01 male(s)/female
65 years and over: 0.81 male(s)/female
Total population: 0.94 male(s)/female (2023 est.)
Mothers mean age at first birthMaternal mortality ratioInfant mortality rateTotal: 1.8 deaths/1,000 live births (2023 est.)
Male: 2.1 deaths/1,000 live births
Female: 1.4 deaths/1,000 live births
Life expectancy at birthTotal population: 89.6 years (2023 est.)
Male: 85.8 years
Female: 93.6 years
Total fertility rate: 1.53 children born/woman (2023 est.)
Contraceptive prevalence rate: NA
Drinking water sourceImproved urban: 100% of population
Improved rural: NA
Improved total: 100% of population
Unimproved urban: 0% of population
Unimproved rural: NA
Unimproved total: 0% of population (2020 est.)
Current health expenditure: 1.7% of GDP (2020)
Physicians density: 7.51 physicians/1,000 population (2014)
Hospital bed density: 13.8 beds/1,000 population (2012)
Sanitation facility accessImproved urban:100% of population
rural: NA
total: 100% of population
Unimproved urban:0% of population
rural: NA
total: 0% of population (2020 est.)
Hiv/AidsMajor infectious diseasesObesity adult prevalence rateAlcohol consumptionTobacco useChildren under the age of 5 years underweight: NA
Education expenditures: 1.2% of GDP (2019 est.)
LiteracyTotal population: NA
Male: NA
Female: NA
School life expectancy primary to tertiary educationYouth unemploymentRate ages 15 24 total: 26.6% (2016 est.)
Rate ages 15 24 male: 25.7%
Rate ages 15 24 female: 27.9%
top of pageCountry nameConventional long form: Principality of Monaco
Conventional short form: Monaco
Local long form: Principaute de Monaco
Local short form: Monaco
Etymology: founded as a Greek colony in the 6th century B.C., the name derives from two Greek words "monos" (single, alone) and "oikos" (house) to convey the sense of a people "living apart" or in a "single habitation"
Government type: constitutional monarchy
CapitalName: MonacoGeographic coordinates: 43 44 N, 7 25 E
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
Etymology: founded as a Greek colony in the 6th century B.C., the name derives from two Greek words
monos (single, alone) and
oikos (house) to convey the sense of a people "living apart" or in a "single habitation"
Administrative divisions: none; there are no first-order administrative divisions as defined by the US Government, but there are 4 quarters (quartiers, singular - quartier); Fontvieille, La Condamine, Monaco-Ville, Monte-Carlo; note - Moneghetti, a part of La Condamine, is sometimes called the 5th quarter of Monaco
Dependent areasIndependence: 1419 (beginning of permanent rule by the House of GRIMALDI)
National holiday: National Day (Saint Rainier's Day), 19 November (1857)
ConstitutionHistory: previous 1911 (suspended 1959); latest adopted 17 December 1962
Amendments: 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; amended 2002
Legal system: civil law system influenced by French legal tradition
International law organization participation: has not submitted an ICJ jurisdiction declaration; non-party state to the ICCt
CitizenshipCitizenship 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
Suffrage: 18 years of age; universal
Executive branchChief of state: Prince ALBERT II (since 6 April 2005)
Head of government: Minister of State Pierre DARTOUT (since 1 September 2020)
Cabinet: Council of Government under the authority of the monarch
Elections/appointments: the monarchy is hereditary; minister of state appointed by the monarch from a list of three French national candidates presented by the French Government
Legislative branchDescription: unicameral National Council or Conseil National (24 seats; 16 members directly elected in multi-seat constituencies by simple majority vote and 8 directly elected by proportional representation vote; members serve 5-year terms)
Elections: last held on 5 February 2023 (next to be held in February 2,028)
Election results: percent of vote by coalition - Monegasque National Union 100%; seats by coalition - Monegasque National Union 24; composition - men 13, women 11, percent of women 45.8%
Judicial branchHighest courts: Supreme Court (consists of 5 permanent members and 2 substitutes)
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
Subordinate courts: Court of Appeal; Civil Court of First Instance
Political parties and leaders:
Monegasque National Union [Brigitte BOCCONE-PAGES] (includes Horizon Monaco, Primo!, Union Monegasque)
Horizon Monaco [Laurent NOUVION]
Priorite Monaco or Primo! [Stephane VALERI]
Union Monegasque [Jean-Francois ROBILLON]
International organization participation: 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
Diplomatic representationIn the us chief of mission: Ambassador Maguy MACCARIO-DOYLE (since 3 December 2013)
In the us chancery: 888 17th Street NW, Washington, DC 20,006
In the us telephone: [1] (202) 234-1530
In the us FAX: [1] (202) 244-7,656
In the us email address and website: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, 75,008 Paris, France
Flag description
: two equal horizontal bands of red (top) and white; the colors are those of the ruling House of Grimaldi and have been in use since 1339, making the flag one of the world's oldest national banners
Note: similar to the flag of Indonesia which is longer and the flag of Poland which is white (top) and red
National symbols: red and white lozenges (diamond shapes); national colors: red, white
National anthemName: "A Marcia de Muneghu" (The March of Monaco)
Lyrics/music: Louis NOTARI/Charles ALBRECHT
Note: music adopted 1867, lyrics adopted 1931; although French is commonly spoken, only the Monegasque lyrics are official; the French version is known as "Hymne Monegasque" (Monegasque Anthem); the words are generally only sung on official occasions
National heritagetop of pageEconomy 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
Real gdp purchasing power parity:
$7.672 billion (2015 est.)
$7.279 billion (2014 est.)
$6.79 billion (2013 est.)
Note: data are in 2015 US dollars
Real gdp growth rate:
21.55% (2021 est.)
-12.97% (2020 est.)
6.91% (2019 est.)
Real gdp per capita:
$115,700 (2015 est.)
$109,200 (2014 est.)
$101,900 (2013 est.)
Gross national savingGdp composition by sector of origin
Gdp composition by end useGdp composition by sector of originAgriculture: 0% (2013)
Industry: 14% (2013)
Services: 86% (2013)
Agriculture products: none
Industries: banking, insurance, tourism, construction, small-scale industrial and consumer products
Industrial production growth rate: 6.8% (2015)
Labor force: 52,000 (2014 est.)
Note: includes all foreign workers
Unemployment rate: 2% (2012)
Youth unemploymentRate ages 15 24 total: 26.6% (2016 est.)
Rate ages 15 24 male: 25.7%
Rate ages 15 24 female: 27.9%
Population below poverty line: NA
Gini indexHousehold income or consumption by percentage shareLowest 10%: NA
Highest 10%: NA
Distribution of family income gini indexBudgetRevenues: $896.3 million (2011 est.)
Expenditures: $953.6 million (2011 est.)
Surplus or deficit: -1% (of GDP) (2011 est.)
Taxes and other revenues: 14.9% (of GDP) (2011 est.)
Public debtRevenueFrom forest resources: 0% of GDP (2018 est.)
Fiscal year: calendar year
Inflation rate consumer prices: 1.5% (2010)
Central bank discount rateCommercial bank prime lending rateStock of narrow moneyStock of broad moneyStock of domestic creditMarket value of publicly traded sharesCurrent account balanceExports:
$964.6 million (2017 est.)
$1.115 billion (2011)
Note: full customs integration with France, which collects and rebates Monegasque trade duties; also participates in EU market system through customs union with France
Partners: Italy, Switzerland, Germany, Belgium, Spain
Commodities: jewelry, perfumes, watches, packaged medicines, cars (2021)
Imports:
$1.371 billion (2017 est.)
$1.162 billion (2011 est.)
Note: full customs integration with France, which collects and rebates Monegasque trade duties; also participates in EU market system through customs union with France
Partners: Italy, Switzerland, United Kingdom, Germany, China (2021)
Commodities: jewelry, cars and vehicle parts, recreational boats, plastic products, artwork (2021)
Reserves of foreign exchange and goldDebt external: NA
Stock of direct foreign investment at homeStock of direct foreign investment abroadExchange rates:
euros (EUR) per US dollar - 0.885 (2017 est.)
0.903 (2016 est.)
0.9214 (2015 est.)
0.885 (2014 est.)
0.7634 (2013 est.)
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
top of pageElectricityAccess electrification-total population: 100% (2021)
CoalPetroleumCrude oilRefined petroleumNatural gasCarbon dioxide emissionsEnergy consumption per capitatop of pageTelephonesFixed lines total subscriptions: 44,649 (2022 est.)
Fixed lines subscriptions per 100 inhabitants: 117 (2021 est.)
Mobile cellular total subscriptions: 36,255 (2021 est.)
Mobile cellular subscriptions per 100 inhabitants: 99 (2021 est.)
Telephone systemBroadcast 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
InternetCountry code: .mc
Users total: 31,820 (2021 est.)
Users percent of population: 86% (2021 est.)
Broadband fixed subscriptionsTotal: 20,877 (2020 est.)
Subscriptions per 100 inhabitants: 53 (2020 est.)
top of pageMilitary expendituresMilitary and security forces: no regular military forces; Ministry of Interior: Compagnie des Carabiniers du Prince (Prince’s Company of Carabiniers), Corps des Sapeurs-pompiers de Monaco (Fire and Emergency), Police Department (2023)
Note: the primary responsibility for the Compagnie des Carabiniers du Prince is guarding the palace; the Police maintain public order
Military service age and obligation: the Compagnie des Carabiniers du Prince is staffed by French nationals (2023)
Space programTerrorist groupstop of pageNational air transport systemCivil aircraft registration country code prefix: 3A
AirportsHeliports: 1 (2021)
PipelinesRailwaysNote: Monaco has a single railway station but does not operate its own train service; the French operator SNCF operates rail services in Monaco
RoadwaysTotal: (2010)
Paved: (2010)
WaterwaysMerchant marinePorts and terminalsMajor seaports: Hercules Port
Monaco - Transnational issues 2023
top of pageDisputes international: none identified
Refugees and internally displaced personsIllicit drugs