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    Monaco

    Continent
    Europe
    Capital
    Monaco
    Population
    31,813
    Sub-Zones
    10
    General Information
    Basic details about Monaco
    Population:
    31,813
    Area:
    2 sq km
    Currency:
    euros
    Languages:
    French, English, Italian, Monegasque
    Economic Overview
    Key economic indicators for Monaco
    GDP:
    $7.672 billion
    GDP per Capita:
    $115,700
    GDP Growth:
    5.04%
    Political System
    Governance structure of Monaco
    Government Type:
    constitutional monarchy
    Head of State:
    Prince ALBERT II (since 6 April 2005)
    Head of Government:
    Acting Minister of State Isabelle BERRO-AMADEI (since 10 January 2025)
    Judiciary:
    Supreme Court (consists of 5 permanent members and 2 substitutes)
    Administrative Divisions:
    none; there are no first-order administrative divisions as defined by the US Government, but there are 4 quarters (quartiers, singular - quartier); Fontvieille, La Condamine, Monaco-Ville, Monte-Carlo; note - Moneghetti, a part of La Condamine, is sometimes called the 5th quarter of Monaco

    Major Political Parties

    • Not specified
    International Relations
    Global position and alliances
    UN Member:
    Yes
    EU Member:
    No
    Diplomatic Presence:
    888 17th Street NW, Suite 500, Washington, DC 20006

    Major Alliances and Organizations

    Economic Sectors & Trade
    Detailed economic breakdown

    Major Economic Sectors

    Industry
    11.5% (2023 est.)
    Services
    88.5% (2023 est.)

    Trade Volume

    Exports:
    $964.6 million
    Imports:
    $1.371 billion

    Major Trading Partners

    Italy
    Switzerland
    Germany
    Belgium
    Spain

    Economic Outlook

    Monaco has a 5.04% GDP growth rate. The economy is characterized by a strong industry sector.