Form of Government: Constitutional monarchy
Area: 2.03 sq km
Population: 38 300 inhab. (estimate 2018)
Density: 18 867.00 inhab./sq km
Coordinates: lat. 44° N; long. 7°
Capital: Monaco (capital) ;
Currency: euro (100 cents)
Sovereign: Prince Albert II Grimaldi, since 6 April 2005
Minister of State: Serge Telle, since 1 February 2016
National Council: seats based on the elections of 11 February 2018: Primo ! Priorité Monaco, 21; Horizon Monaco, 2; Union Monégasque, 1
Internet: www.imsee.mc (Monaco Statistics)
Member of Council of Europe, OAS observer, OSCE, UN

Monaco

Monaco, Principauté de Monaco
Useful information

International license plate code MC
International dialling code 00377
Travel vaccinations requirement none
Electricity (Voltage) 220/230
Driving side rigth
Internet code .mc

GMT  +1
DST  +2
DST duration (start-end) late March-late October



Politics and current affairs

Since 2018, the EU and the Principality of Monaco have been going ahead with the automatic exchange of information gathered as from 1 January 2017 about its respective residents’ bank accounts.

Geography.
Monaco is situated on the Mediterranean Sea and is surrounded by the French department of Alpes-Maritimes. The terrain basically comprises a rocky promontory, on which the city of Monaco is built, and the hill behind. It has a mild Mediterranean climate.

Government


According to the 1962 Constitution, executive power is exercised by the Minister of State, under the authority of the Prince. The Minister of State is chosen from candidates recommended by the French Government (Monaco lies within the customs area of France). The Legislative Council has 24 members who are elected for five years.

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Administrative division

Administrative division
QuarterAREAINHABITANTSYEAR
Fontvieille0.33 sq km4 420 inhab.2016
Jardin Exotique0.23 sq km5 117 inhab.2016
Cities
DESCRIPTIONVALUEUNITSYEAR
Monaco - inhab. -
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Population

Population by age and gender (% - 2018)
75+
60-74
45-59
30-44
15-29
0-14
MALEAGEFEMALE
Demographic statistics
DESCRIPTIONVALUEUNITSYEAR
Birth rate6.92016
Death rate6.62016
Ethnic groups
DESCRIPTIONVALUEUNITSYEAR
French24.9%2016
Monegasque22.5%2016


Religions
DESCRIPTIONVALUEUNITSYEAR
Catholic90%2017
other8%2017


Languages
DESCRIPTION
French (official)
Italian
Population by selected age groups
DESCRIPTIONVALUEUNITSYEAR
0-14 years10.3%2018
15-29 years14.1%2018


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Economy


The main sector of the economy is services (tourism and financial activities). Many foreign companies are registered here to take advantage of the attractive tax laws.

Economy - General data
DESCRIPTIONVALUEUNITSYEAR
Balance of trade-1 069M LCU2018
GDP6 400.95M US$2017
Economy - Employment
DESCRIPTIONVALUEUNITSYEAR
Active population15 460units2016
Active population, Females43.7%2002
Economy - Unemployment
DESCRIPTIONVALUEUNITSYEAR
Unemployment rate2.3%2016
Unemployment rate, Females60%2016
Economy - State budget
DESCRIPTIONVALUEUNITSYEAR
Expenses1 253.7M LCU2018
Revenues1 292.1M LCU2018
Employment by economic activity
DESCRIPTIONVALUEUNITSYEAR
agriculture0.2%2018
industry13.7%2018
GDP by economic activity
DESCRIPTIONVALUEUNITSYEAR
industry12.8%2017
services87.2%2017
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Forests-Livestock-Fishing

Fishing
DESCRIPTIONVALUEUNITSYEAR
marine fishes1t2017
total catch1t2017
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Energy

Electric energy - Total production and capacity
DESCRIPTIONVALUEUNITSYEAR
total net generation257.6M kWh2017
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Trade

Merchandise Export
DESCRIPTIONVALUEUNITSYEAR
2018959M US$ -
2017889M US$ -
Merchandise Import
DESCRIPTIONVALUEUNITSYEAR
20182 028M US$ -
20171 583M US$ -
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Tourism

International Tourism
DESCRIPTIONVALUEUNITSYEAR
Number of arrivals355 000units2017
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Communications

Communication - Transport
DESCRIPTIONVALUEUNITSYEAR
Civil aviation, km flown600 000km flown2004
Civil aviation, passengers carried0.31000 units2017
Communication - Media and telecommunication
DESCRIPTIONVALUEUNITSYEAR
Broadband subscribers497.687per 1000 pop.2017
Computers307.4per 1000 pop.2007
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Social and welfare

Social statistics - Education
DESCRIPTIONVALUEUNITSYEAR
Expected years of schooling17.5years2009
Graduates621units2017
Social statistics - Students and Teachers by level
DESCRIPTIONVALUEUNITSYEAR
Teachers, primary level193units2017
Teachers, secondary level401units2017
Social statistics - Health
DESCRIPTIONVALUEUNITSYEAR
Hospital beds12.4per 1000 pop.2018
Physicians8.3per 1000 pop.2018
Social statistics - Diseases
DESCRIPTIONVALUEUNITSYEAR
Tuberculosis (prevalence)2.8per 100 000 pop.2014
Museums
DESCRIPTIONVALUEUNITSYEAR
Museums4units2018
Museums, visitors774 257units2018
Other social indicators
DESCRIPTIONVALUEUNITSYEAR
Access to clean fuels and technologies for cooking100%2016
Access to electricity100%2017
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