Monaco
Government | |
Name | Principality of Monaco |
French | Principauté de Monaco |
Government type | constitutional monarchy |
Capital | Monaco (38,300 (2019)) |
Currency | Euro (EUR) |
People | |
Population (2020) | 39,244 (218th) |
Density of population | 18,713 P/km2 (1st) |
Nationality | Monégasque or Monacan |
Official languages | |
French | |
Ethnic groups (2016) | |
French | 24.9% |
Monégasque | 22.5% |
Italian | 21.9% |
British | 7.5% |
Swiss | 3.2% |
Belgian | 2.9% |
German | 2.4% |
Russian | 2% |
Dutch | 1.5% |
Portuguese | 1.4% |
Greek | 1.1% |
American | 1% |
other | 7.7% |
Religions | |
Roman Catholic (official) | 90% |
Other | 10% |
Life expectancy (2020) | |
Male | 85.4 years |
Female | 93.3 years |
Total population | 89.3 years (1st) |
Homicides | |
Total (2015) | 0 per 100,000 people (175th) |
Geography | |
Land area | 2 km2 |
water area | 0 km2 |
total area | 2 km2 |
Lowest point | |
Mediterranean Sea | 0 m |
Highest point | |
Chemin des Revoires on Mont Agel | 162 m |
Land use (2011) | |
Agricultural land | 1% |
Arable land | 0% |
Permanent crops | 1% |
Permanent pasture | 0% |
Forest | 0% |
Other | 99% |
Urbanization | |
Urban population (2020) | 100% |
Rate of urbanization | 0.51% annual rate of change (2015 – 2020) |
Economy | |
Labor force (2014) | 52,000 (190th) |
note: includes all foreign workers | |
Labor force by occupation (2012) | |
Agriculture | 0% |
Industry | 16.1% |
Services | 83.9% |
Unemployment rate (2012) | 2% (19th) |
GDP (PPP) (estimate 2015) | |
Total | $7.672 billion (158th) |
Per capita | $115,700 (3rd) |
GDP (nominal) (estimate 2018) | |
Total | $7.185 billion (145th) |
Per capita | $185,741 (1st) |
GDP by sector (estimate 2013) | |
Agriculture | 0% |
Industry | 14% |
Services | 86% |
Exports (2017) | $964.6 million (161st) |
Exports partners | |
NA | |
Imports (2017) | $1.371 billion (176th) |
Imports partners | |
NA |
Monaco on the world map
Demography
Age structure data
Estimate for 2020:
- 0-14 years: 9.41% (male 1,497/female 1,415)
- 15-24 years: 9.52% (male 1,538/female 1,406)
- 25-54 years: 30.46% (male 4,779/female 4,644)
- 55-64 years: 15.47% (male 2,370/female 2,417)
- 65 years and over: 35.15% (male 4,817/female 6,057)
Remark: the age structure of a population affects a nation’s key socioeconomic issues. Countries with young populations (high percentage under age 15) need to invest more in schools, while countries with older populations (high percentage ages 65 and over) need to invest more in the health sector. The age structure can also be used to help predict potential political issues. For example, the rapid growth of a young adult population unable to find employment can lead to unrest.
Population from 1950 to 2020
Source: United Nations, Department of Economic and Social Affairs, Population Division (2019). World Population Prospects 2019, Online Edition. Rev. 1.
Economy
Agriculture:
none
Industries:
banking, insurance, tourism, construction, small-scale industrial and consumer products
Exports – commodities:
NA
Imports – commodities:
NA
Time zone and current time in Monaco
Go to our interactive map to get the current time in Monaco