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Monaco

constitutional monarchy

The Genoese built a fortress on the site of present-day Monaco in 1215. The current ruling GRIMALDI family first seized control in 1297 but was not able to permanently secure its holding until 1419. Economic development was spurred in the late 19th century with a railroad linkup to France and the opening of a casino.

Profile

CapitalMonaco
Population32K
GDP$8.9B
Area2 km²
LanguageFrench (official), English, Italian, Monegasque
Currencyeuros (EUR) per US dollar -

Leadership

Head of State

Albert II, Prince of Monaco

Since 2005

Head of Government

Philippe Mettoux

Since 2025

At a Glance

Population

32K

GDP (PPP)

$9B

Global Rankings

1stGDP per Capitaof 217167thGDP (PPP)of 2191stLife Expectancyof 226213thPopulationof 233247th

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