Monaco flag

Monaco

Principality of Monaco

Capital

Monaco

Region

Europe

Population

38,423

Area (km²)

2.02

💡Quick Summary

Monaco, a tiny sovereign city-state in Europe nestled on the French Riviera, boasts a population of just 38,423 across its mere 2.02 km² area, making it one of the world's smallest and most densely populated countries. With Monaco as its capital, it's renowned for its glamorous lifestyle, high-end casinos, and the iconic Formula 1 Grand Prix, though official GDP figures are not publicly available. This tax haven attracts the ultra-wealthy, blending Mediterranean charm with opulent living.

Key Insights

World's Highest GDP Per Capita

Monaco exhibits an extreme level of wealth concentration, boasting a GDP Per Capita vastly exceeding global norms. This figure highlights its status as a major global financial and luxury hub, driven by tax residency and high-net-worth individuals.

100% Urbanized Microstate

Given its extremely small land area (2.02 sq km), Monaco is entirely classified as urban, making it one of the few nations globally with a 100% urban population. This reflects its dense development and lack of rural zones.

Exceptional Longevity

Monaco’s life expectancy is among the highest globally, indicating superior living conditions, excellent healthcare access, and high standards of nutrition and safety. At over 86 years, residents live significantly longer than the global average.

Zero Forest Area

Despite its commitment to environmental sustainability, Monaco registers 0% forest area due to its dense urbanization and limited natural space. This highlights the unique spatial constraints faced by microstates.

Economic Indicators
Latest economic data from World Bank

GDP (Current US$)

$10.00B

Year: 2023

GDP Per Capita

$256,799.79

GDP Growth (%)

5.44%

Inflation (%)

N/A%

Unemployment (%)

N/A%

Debt to GDP (%)

N/A%

Source: World Bank • Last updated: 12/24/2025

Historical Trends & Data Visualizations

GDP Growth Rate
Annual percentage change in GDP over time
2014201520162017201820192020202120222023-24.00%-12.00%0.00%12.00%24.00%
  • GDP Growth (%)
Population Growth
Total population over time
2014201520162017201820192020202120222023010,00020,00030,00040,000
  • Population
Life Expectancy
Average life expectancy at birth (years)
20142015201620172018201920202021202220230.0years25.0years50.0years75.0years100.0years
  • Life Expectancy (years)
Renewable Energy Consumption
Percentage of total energy from renewable sources

No data available

GDP Per Capita
Economic output per person (current US$)
2014201520162017201820192020202120222023$0$65,000$130,000$195,000$260,000
  • GDP Per Capita ($)

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Local Resources
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