Monaco data and statistics

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Last update: January, 21 2021

Monaco

flag of Monaco
Government
NamePrincipality of Monaco
FrenchPrincipauté de Monaco
Government typeconstitutional monarchy
CapitalMonaco (38,300 (2019))
CurrencyEuro (EUR)
People
Population (2020)39,244 (218th)
Density of population18,713 P/km2 (1st)
NationalityMonégasque or Monacan
Official languages
French
Ethnic groups (2016)
French24.9%
Monégasque22.5%
Italian21.9%
British7.5%
Swiss3.2%
Belgian2.9%
German2.4%
Russian2%
Dutch1.5%
Portuguese1.4%
Greek1.1%
American1%
other7.7%
Religions
Roman Catholic (official)90%
Other10%
Life expectancy (2020)
Male85.4 years
Female93.3 years
Total population89.3 years (1st)
Homicides
Total (2015)0 per 100,000 people (175th)
Geography
Land area2 km2
water area0 km2
total area2 km2
Lowest point
Mediterranean Sea0 m
Highest point
 Chemin des Revoires on Mont Agel162 m
Land use (2011)
Agricultural land1%
Arable land0%
Permanent crops1%
Permanent pasture0%
Forest0%
Other99%
Urbanization
Urban population (2020)100%
Rate of urbanization0.51% annual rate of change (2015 – 2020)
Economy
Labor force (2014)52,000  (190th)
note: includes all foreign workers
Labor force by occupation (2012)
Agriculture0%
Industry16.1%
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)
Agriculture0%
Industry14%
Services86%
Exports (2017)$964.6 million (161st)
Exports partners
NA
Imports (2017)$1.371 billion (176th)
Imports partners
NA

Monaco on the world map

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

CC BY

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

History

Sources: