Principality of Monaco
Capital
Monaco
Region
Europe
Population
38,423
Area (km²)
2.02
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.
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.
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.
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.
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.
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
No data available
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