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Monaco
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
Useful informationInternational 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 affairsSince 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.
Administrative division
| Quarter | AREA | INHABITANTS | YEAR |
|---|---|---|---|
| Fontvieille | 0.33 sq km | 4 420 inhab. | 2016 |
| Jardin Exotique | 0.23 sq km | 5 117 inhab. | 2016 |
| DESCRIPTION | VALUE | UNITS | YEAR |
|---|---|---|---|
| Monaco | - | inhab. | - |
Population
| Population by age and gender (% - 2018) | ||||||||
| ||||||||
| MALE | AGE | FEMALE | ||||||
| DESCRIPTION | VALUE | UNITS | YEAR |
|---|---|---|---|
| Birth rate | 6.9 | ‰ | 2016 |
| Death rate | 6.6 | ‰ | 2016 |
| DESCRIPTION | VALUE | UNITS | YEAR |
|---|---|---|---|
| French | 24.9 | % | 2016 |
| Monegasque | 22.5 | % | 2016 |
| DESCRIPTION | VALUE | UNITS | YEAR |
|---|---|---|---|
| Catholic | 90 | % | 2017 |
| other | 8 | % | 2017 |
| DESCRIPTION |
|---|
| French (official) |
| Italian |
| DESCRIPTION | VALUE | UNITS | YEAR |
|---|---|---|---|
| 0-14 years | 10.3 | % | 2018 |
| 15-29 years | 14.1 | % | 2018 |
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.
| DESCRIPTION | VALUE | UNITS | YEAR |
|---|---|---|---|
| Balance of trade | -1 069 | M LCU | 2018 |
| GDP | 6 400.95 | M US$ | 2017 |
| DESCRIPTION | VALUE | UNITS | YEAR |
|---|---|---|---|
| Active population | 15 460 | units | 2016 |
| Active population, Females | 43.7 | % | 2002 |
| DESCRIPTION | VALUE | UNITS | YEAR |
|---|---|---|---|
| Unemployment rate | 2.3 | % | 2016 |
| Unemployment rate, Females | 60 | % | 2016 |
| DESCRIPTION | VALUE | UNITS | YEAR |
|---|---|---|---|
| Expenses | 1 253.7 | M LCU | 2018 |
| Revenues | 1 292.1 | M LCU | 2018 |
| DESCRIPTION | VALUE | UNITS | YEAR |
|---|---|---|---|
| agriculture | 0.2 | % | 2018 |
| industry | 13.7 | % | 2018 |
| DESCRIPTION | VALUE | UNITS | YEAR |
|---|---|---|---|
| industry | 12.8 | % | 2017 |
| services | 87.2 | % | 2017 |
Energy
| DESCRIPTION | VALUE | UNITS | YEAR |
|---|---|---|---|
| total net generation | 257.6 | M kWh | 2017 |
Social and welfare
| DESCRIPTION | VALUE | UNITS | YEAR |
|---|---|---|---|
| Expected years of schooling | 17.5 | years | 2009 |
| Graduates | 621 | units | 2017 |
| DESCRIPTION | VALUE | UNITS | YEAR |
|---|---|---|---|
| Teachers, primary level | 193 | units | 2017 |
| Teachers, secondary level | 401 | units | 2017 |
| DESCRIPTION | VALUE | UNITS | YEAR |
|---|---|---|---|
| Hospital beds | 12.4 | per 1000 pop. | 2018 |
| Physicians | 8.3 | per 1000 pop. | 2018 |
| DESCRIPTION | VALUE | UNITS | YEAR |
|---|---|---|---|
| Tuberculosis (prevalence) | 2.8 | per 100 000 pop. | 2014 |
| DESCRIPTION | VALUE | UNITS | YEAR |
|---|---|---|---|
| Museums | 4 | units | 2018 |
| Museums, visitors | 774 257 | units | 2018 |
| DESCRIPTION | VALUE | UNITS | YEAR |
|---|---|---|---|
| Access to clean fuels and technologies for cooking | 100 | % | 2016 |
| Access to electricity | 100 | % | 2017 |
