Overview of Monaco

Overview of the country

Between Nice and Italy, this small principality attracts several hundred thousand visitors each year, whether for typically "luxury" stays, day trips, or increasingly, cruises.

Key facts

• Location: on the Mediterranean coast, between Nice and Italy.

• Latitude/longitude: 43°43' N, 7°25' E.

• Local time: Heure : 12845 (single time zone)

• Capital: Monaco.

• Nature of the state: principality.

• Official language: French.

• Currency: euro.

• Population: 37,308 inhabitants (2017).

• Area: 2.02 km².

• Density: 18,654 inhabitants/km².

• Highest point: 164 m.

• Lowest point: sea level.

• Coastline: 4.1 km.

• Driving: on the right.

• Flag: [drapeau: Monaco]

Tourism

Travel essentials

• Destination: for beginner travelers.

• Entry requirements: same as for France.

• Currency to bring: euro.

• Exchange rate:

• Daily "backpacker" budget:

• Best for accommodation:

• Best way to get around: on foot.

• Risks: none in terms of safety and health precautions.

• Best time (climate/crowds/prices):

• Interests (out of ★★★★): Nature ⊘; Adventure ⊘; Culture ★★; Relaxation/holidays ★

• Website: https://www.visitmonaco.com

Useful addresses

Socio-economic statistics

• "Quality of life": (rank in )

• GDP per capita: $115,700 (2015)

• Average monthly income: ()

• Inflation: ()

• "Official" unemployment: ()

• Population below poverty line: ()

• Life expectancy: 89.4 years (2018)

• Migration rate per 1,000 inhabitants: +5.7 (2017)

• Population growth: +0.3% (2018)

• Literacy rate: 100% (2019)

• Urban population: 100% (2019)

• Press freedom: (rank in )

• Political regime: ()

Sources: World Bank, Human Development Indicators, RSF, The Economist, The World Factbook