Monaco
Top Sights & Landmarks
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.
Location
Western Europe, bordering the Mediterranean Sea on the southern coast of France, near the border with Italy
Area
Elevation
Detailed Geography Information
Coastline
4.1 km
Geography - note
second-smallest independent state in the world (after the Holy See); smallest country with a coastline; almost entirely urban
Irrigated land
0 sq km (2022)
Land boundaries
Maritime claims
territorial sea: 12 nm exclusive economic zone: 12 nm
Natural hazards
none
Natural resources
Terrain
hilly, rugged, rocky
Population & Growth
Age Distribution
Demographic Longevity
Vital Dynamics
Detailed People & Society Information
Dependency ratios
total dependency ratio: 88.7 (2025 est.) youth dependency ratio: 16.6 (2025 est.) elderly dependency ratio: 72.1 (2025 est.) potential support ratio: 1.4 (2025 est.)
Education expenditure
1.7% of GDP (2023 est.) 7.7% national budget (2023 est.)
Ethnic groups
Gross reproduction rate
0.76 (2025 est.)
Health expenditure
3.7% of GDP (2021) 12% of national budget (2022 est.)
Infant mortality rate
total: 1.7 deaths/1,000 live births (2025 est.) male: 2 deaths/1,000 live births female: 1.4 deaths/1,000 live births
Languages
Major urban areas - population
39,000 MONACO (capital) (2018)
Maternal mortality ratio
5 deaths/100,000 live births (2023 est.)
Nationality
noun: Monegasque(s) or Monacan(s) adjective: Monegasque or Monacan
Physician density
8.61 physicians/1,000 population (2020)
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)
Refugees and internally displaced persons
Religions
School life expectancy (primary to tertiary education)
total: 21 years (2024 est.) male: 20 years (2024 est.) female: 22 years (2024 est.)
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 65 years and over: 0.8 male(s)/female total population: 0.93 male(s)/female (2024 est.)
Climate & Issues
Mediterranean with mild, wet winters and hot, dry summers
Land Cover
Air & Carbon Emissions
Water Resources & Use
Detailed Environmental Information
International environmental agreements
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.)
Capital & State Profile
Executive Branch
Legislative Branch
National Identity & Symbols
two equal horizontal bands of red (top) and white
Detailed Government Information
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 note: Moneghetti, part of La Condamine, is sometimes called the fifth quarter of Monaco
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
conventional long form: Principality of Monaco conventional short form: Monaco local long form: Principauté de Monaco local short form: 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)
International law organization participation
has not submitted an ICJ jurisdiction declaration; non-party state to the ICCt
International organization participation
Judicial branch
highest court(s): 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
Legal system
civil law system influenced by French legal tradition
Political parties
Monegasque National Union (includes Horizon Monaco, Primo!, Union Monegasque) Horizon Monaco Priorite Monaco or Primo! Union Monegasque
Suffrage
18 years of age; universal
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
Size & Performance
GDP Sector Breakdown
Trade Balance
Budget Balance
Export Profile
Top Export Partners
Major Export Commodities
Import Profile
Top Import Partners
Major Import Commodities
Detailed Economic Data
Agricultural products
Exchange rates
euros (EUR) per US dollar - Exchange rates: 0.924 (2024 est.) 0.925 (2023 est.) 0.95 (2022 est.) 0.845 (2021 est.) 0.876 (2020 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
Industries
Inflation rate (consumer prices)
5.9% (2022 est.) 2.1% (2021 est.) 0.5% (2020 est.) note: annual % change based on consumer prices
Grid Infrastructure
Digital Access
Active internet users as a percentage of the total population.
Fixed Broadband
Mobile Cellular
Broadcast Media
Aviation
Railways
Ports & Harbors
Merchant Marine
Service & Defense Details
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) note: the primary responsibility for the Compagnie des Carabiniers du Prince is guarding the palace; the Police maintain public order
by treaty, France is responsible for defending the independence and sovereignty of Monaco