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Monaco
Form of Government: Constitutional monarchy
Area: 2.08 sq km
Population: 38 350 inhab. (estimate 2020)
Density: 18 437.5 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: Pierre Dartout (independent), since 1 September 2020
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 affairsThe vaccine rollout has been successful in the principality. The historic Formula 1 Grand Prix resumed once more in 2021 after being cancelled due to the pandemic in 2020.
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 (% - 2020) | ||||||||
| ||||||||
| MALE | AGE | FEMALE | ||||||
| DESCRIPTION | VALUE | UNITS | YEAR |
|---|---|---|---|
| Birth rate | 7$ | ‰ | 2019 |
| Death rate | 6.9 | ‰ | 2019 |
| 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 | 10.4 | % | 2020 |
| 15-29 years | 13.5 | % | 2020 |
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 | - 458 | M LCU | 2020 |
| GDP | 7 423.91 | M US$ | 2019 |
| DESCRIPTION | VALUE | UNITS | YEAR |
|---|---|---|---|
| Active population | 15 460 | units | 2016 |
| Active population, Females | 43.7 | % | 2002 |
| DESCRIPTION | VALUE | UNITS | YEAR |
|---|---|---|---|
| Unemployment rate | 6.3 | % | 2016 |
| Unemployment rate, Females | 60$ | % | 2016 |
| DESCRIPTION | VALUE | UNITS | YEAR |
|---|---|---|---|
| Expenses | 1 806.2 | M LCU | 2020 |
| Revenues | 1 703 | M LCU | 2020 |
| DESCRIPTION | VALUE | UNITS | YEAR |
|---|---|---|---|
| agriculture | 0.3 | % | 2019 |
| industry | 13.5 | % | 2019 |
| DESCRIPTION | VALUE | UNITS | YEAR |
|---|---|---|---|
| industry | 12.966 | % | 2019 |
| services | 87.034 | % | 2019 |
Energy
| DESCRIPTION | VALUE | UNITS | YEAR |
|---|---|---|---|
| total net generation | 260.6 | M kWh | 2018 |
Social and welfare
| DESCRIPTION | VALUE | UNITS | YEAR |
|---|---|---|---|
| Expected years of schooling | 17.5 | years | 2009 |
| Graduates | 379 | units | 2019 |
| DESCRIPTION | VALUE | UNITS | YEAR |
|---|---|---|---|
| Students, primary level | 1 971 | units | 2020 |
| Students, secondary level | 3 392 | units | 2020 |
| DESCRIPTION | VALUE | UNITS | YEAR |
|---|---|---|---|
| Hospital beds | 12.5 | per 1000 pop. | 2019 |
| Physicians | 8.5 | per 1000 pop. | 2019 |
| DESCRIPTION | VALUE | UNITS | YEAR |
|---|---|---|---|
| Tuberculosis (prevalence) | 2.8 | per 100 000 pop. | 2014 |
| DESCRIPTION | VALUE | UNITS | YEAR |
|---|---|---|---|
| Museums | 4$ | units | 2019 |
| Museums, visitors | 775 269 | units | 2019 |
| DESCRIPTION | VALUE | UNITS | YEAR |
|---|---|---|---|
| Access to clean fuels and technologies for cooking | 100 | % | 2019 |
| Access to electricity | 100 | % | 2019 |
