Form of Government: Constitutional monarchy
Area: 2.03 sq km
Population: 38 300 inhab. (estimate 2017)
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 (% - 2017)
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%2016
other8%2016


Languages
DESCRIPTION
French (official)
Italian
Population by selected age groups
DESCRIPTIONVALUEUNITSYEAR
0-14 years10.7%2017
15-29 years14.1%2017


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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-66M LCU2015
GDP6 468M US$2016
Economy - Employment
DESCRIPTIONVALUEUNITSYEAR
Active population16 000units2002
Active population, Females43.7%2002
Economy - Unemployment
DESCRIPTIONVALUEUNITSYEAR
Unemployment rate6.3%2016
Unemployment rate, Females60%2016
Economy - State budget
DESCRIPTIONVALUEUNITSYEAR
Expenses1 144M LCU2015
Revenues1 173M LCU2015
Employment by economic activity
DESCRIPTIONVALUEUNITSYEAR
agriculture0.3%2015
industry13.9%2015
GDP by economic activity
DESCRIPTIONVALUEUNITSYEAR
industry18.3%2016
services81.7%2016
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Forests-Livestock-Fishing

Fishing
DESCRIPTIONVALUEUNITSYEAR
marine fishes1t2016
total catch1t2016
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Trade

Merchandise Export
DESCRIPTIONVALUEUNITSYEAR
20151 060M US$ -
20141 102M US$ -
Merchandise Import
DESCRIPTIONVALUEUNITSYEAR
20151 126M US$ -
20141 104M US$ -
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Tourism

International Tourism
DESCRIPTIONVALUEUNITSYEAR
Number of arrivals336 000units2016
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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
Graduates357units2016
Social statistics - Students and Teachers by level
DESCRIPTIONVALUEUNITSYEAR
Teachers, primary level146units2016
Teachers, secondary level406units2015
Social statistics - Health
DESCRIPTIONVALUEUNITSYEAR
Hospital beds13.8per 1000 pop.2012
Physicians6.6per 1000 pop.2014
Social statistics - Diseases
DESCRIPTIONVALUEUNITSYEAR
Tuberculosis (prevalence)2.8per 100 000 pop.2014
Other social indicators
DESCRIPTIONVALUEUNITSYEAR
Access to clean fuels and technologies for cooking100%2016
Access to electricity100%2016
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