Monaco

Extracted Attributes

• Area

  2.08 km²

• Type

  Sovereign city-state, microstate

• Currency

  Euro

• Location

  French Riviera, Western Europe

• Taxation

  No personal income tax (except for French citizens), low business taxes

• EU Status

  Not an EU member, participates in certain EU policies (customs, border controls)

• Population

  38,423

• Ruling House

  House of Grimaldi

• Head of State

  Prince Albert II

• Official Name

  Principality of Monaco

• Economic Status

  One of the wealthiest and most expensive places globally, major banking center, tax haven

• Government Type

  Semi-constitutional monarchy

• Coastline Length

  3.83 km (world's shortest national coastline)

• Official Language

  French

• Population Density

  Most densely populated sovereign state (approx. 18,750 inhabitants/km²)

• International Status

  Second-smallest sovereign state in the world (after Vatican City)

• Notable Events Hosted

  Monaco Grand Prix, Monte Carlo Rally

• Defense Responsibility

  France

• Other Spoken Languages

  Italian, Monégasque

• Marine Conservation Focus

  Center for marine conservation and research, home to protected marine habitats, Oceanographic Museum, International Atomic Energy Agency Marine Environment Laboratories

• Money Laundering Monitoring

  Placed under increased monitoring by Financial Action Task Force (FATF) in June 2024

Timeline

• Monaco was founded as a colony of Genoa. (Source: web_search_results)

  1215

• The House of Grimaldi began ruling Monaco. (Source: summary)

  1297

• Monaco's sovereignty was recognized by the Duke of Savoy, the Pope, and the King of France. (Source: web_search_results)

  Late 1400s

• The Grimaldi family allied itself with Spain, placing Monaco under Spanish protection. (Source: web_search_results)

  1524-1641

• During the French Revolution, the Grimaldis were deposed, leading to unification with France. (Source: web_search_results)

  1793

• Monaco was returned to the Grimaldis and became a Sardinian protectorate. (Source: web_search_results)

  1814

• Monaco's sovereignty was officially recognized by the Franco-Monégasque Treaty. (Source: summary)

  1861

• Economic development was spurred by the opening of the Monte Carlo Casino and a rail connection to Paris. (Source: summary)

  Late 19th century

• Prince Rainier III restored the National Council and introduced a new, more liberal constitution. (Source: web_search_results)

  1962

• Princess Grace died following a car accident near Monte-Carlo. (Source: web_search_results)

  1982

• Monaco became a full United Nations voting member. (Source: summary)

  1993

• Monaco took delivery of a huge floating jetty, set to double the capacity of its port. (Source: web_search_results)

  2002

• Monaco joined the Council of Europe. (Source: wikipedia)

  2004

• The OECD placed Monaco on a blacklist of uncooperative tax havens. (Source: web_search_results)

  2004

• AS Monaco football club became majority-owned by Russian oligarch Dmitry Rybolovlev. (Source: web_search_results)

  2011-12

• Real estate prices in Monaco reached €100,000 per square meter. (Source: wikipedia)

  2018

• The Financial Action Task Force (FATF) placed Monaco under increased monitoring to combat money laundering and terrorist financing. (Source: summary)

  2024-06

Monaco

Monaco, officially the Principality of Monaco, is a sovereign city-state and microstate in Western Europe. Situated on the French Riviera, it is a semi-enclave bordered by France to the north, east, and west, with the Mediterranean Sea to the south; the Italian region of Liguria is about 15 km (9.3 mi) east. With a population of 38,423 living in an area of 2.08 km2 (0.80 sq mi), Monaco is the second smallest sovereign state in the world, after Vatican City, as well as the most densely populated. It also has the world's shortest national coastline of any non-landlocked nation, at 3.83 km (2.38 mi). Fewer than 10,000 of its residents are Monégasque nationals. While the official language of Monaco is French, Italian and Monégasque are also widely spoken and understood. Monaco is governed under a form of semi-constitutional monarchy, with Prince Albert II as head of state, who holds substantial political powers. The prime minister, who is the head of government, can be either a Monégasque or French citizen; the monarch consults with the Government of France before an appointment. Key members of the judiciary are detached French magistrates. The House of Grimaldi has ruled Monaco, with brief interruptions, since 1297. The state's sovereignty was officially recognised by the Franco-Monégasque Treaty of 1861, with Monaco becoming a full United Nations voting member in 1993. Despite Monaco's independence and separate foreign policy, its defence is the responsibility of France, notwithstanding two small military units. Monaco is recognised as one of the wealthiest and most expensive places in the world. Its economic development was spurred in the late 19th century with the opening of the state's first casino, the Monte Carlo Casino, and a rail connection to Paris. The country's mild climate, scenery, and gambling facilities contributed to its status as a tourist destination and recreation centre for the wealthy. Monaco has become a major banking centre and sought to diversify into the services sector and small, high-value-added, non-polluting industries. Monaco is a tax haven; it has no personal income tax (except for French citizens) and low business taxes. Over 30% of residents are millionaires, with real estate prices reaching €100,000 ($116,374) per square metre in 2018. Monaco is a global hub of money laundering, and in June 2024 the Financial Action Task Force placed Monaco under increased monitoring to combat money laundering and terrorist financing. Monaco is among the 46 Member States which constitute the Council of Europe. It is not part of the European Union (EU), but participates in certain EU policies, including customs and border controls. Through its relationship with France, Monaco uses the euro as its sole currency. Monaco joined the Council of Europe in 2004 and is a member of the Organisation internationale de la Francophonie (OIF). It hosts the annual motor race, the Monaco Grand Prix, one of the original Grands Prix of Formula One. The local motorsports association gives its name to the Monte Carlo Rally, hosted in January in the French Alps. The principality has a club football team, AS Monaco, which competes in French Ligue 1 and has been French champions on multiple occasions, as well as a basketball team, which plays in the EuroLeague. Monaco is a centre of marine conservation and research, being home to one of the world's first protected marine habitats, an Oceanographic Museum, and the International Atomic Energy Agency Marine Environment Laboratories, the only marine laboratory in the UN system.

Web Search Results

• Monaco - Wikipedia

  Monaco, officially the Principality of Monaco, is a sovereign city-state and microstate on the French Riviera a few kilometres west of the Italian region of Liguria, in Western Europe, on the Mediterranean Sea. It is a semi-enclave bordered by France to the north, east and west. The principality is home to nearly 39,000 residents as of the 2020s, of whom about 9,883 are Monégasque nationals. It is recognised as one of the wealthiest and most expensive places in the world. While the official [...] ## Geography See also: Land reclamation in Monaco Monaco is a sovereign city-state, with five quarters and ten wards, located on the French Riviera in Western Europe. It is bordered by France's Alpes-Maritimes department on three sides, with one side bordering the Mediterranean Sea. Its centre is about 16 km (9.9 mi) from Italy and only 13 km (8.1 mi) northeast of Nice. [...] With an area of 2.03 km2 (0.78 sq mi), Monaco is the second-smallest sovereign state in the world, after Vatican City. Its population of 38,423 in 2024 makes it the most densely populated sovereign state. Monaco has the world's shortest national coastline (not counting landlocked nations): 3.83 km (2.38 mi). The principality is about 15 km (9.3 mi) from the border with Italy and consists of nine administrative wards, the largest of which is Monte Carlo.

• KEY FACTS ABOUT MONACO

  | KEY FACTS Monaco, officially the Principality of Monaco is an independent and sovereign country located on the northern coast of the Mediterranean Sea. It is surrounded on land by its neighbor France, and Italy’s borders are just 10 miles away (about 16km). Its area is 0.76mi² (1.98 km²) with a population of almost 38,100 inhabitants (2019) - among which 8,378 are Monegasque citizens - and including residents from 125 nationalities. Monaco is the second smallest country in the world and [...] the smallest member of the United Nations. Monaco is the world’s most densely populated country with approximately 18,750 inhabitants/km². The house of Grimaldi has ruled over Monaco since 1297. Monaco’s sovereignty was officially and permanently recognized by the Franco/Monegasque Treaty of 1861. Furthermore, Monaco is one of 5 European "micro-States" (the others being: Andorra, Liechtenstein, Malta, and Vatican City). | | | --- Monte-Carlo is a district of Monaco whose total area [...] | | | General Information + History + Institutions + International Priorities Specifics Key Facts Business & Economy Travel & Leisure Links & Credits Home | Contact us + Home + Contact Us | |

• Monaco country brief - Department of Foreign Affairs and Trade

  Monaco is located on the northern coast of the Mediterranean Sea and surrounded on land by France. It is the second smallest independent state in the world, occupying approximately 2 square kilometres and with a population in 2019 (est.) of 38,100. It is the world's most densely populated country with approximately 18,750 inhabitants per square kilometre. Only about one-fifth of the population claims Monégasque descent; other ethnic groups occupying the country include those of French, Italian, [...] Monaco was founded in 1215 as a colony of Genoa. It has historically been ruled by the House of Grimaldi, except for a period between 1793-1814 when it was under French control. Monaco's sovereignty was recognised by the Franco-Monégasque Treaty of 1861, and later confirmed by the Treaty of Versailles (1919). Under these treaties, France would defend the independence and sovereignty of Monaco and, in return, Monaco would not conduct a foreign policy at odds with that of France. [...] Monaco is a member of several international organisations, including the Council of Europe The Organisation for Security and Co-operation in Europe (OSCE), which marked its 50th anniversary in 2025 with Monaco’s active participation The Organisation Internationale de la Francophonie (OIF) The International Hydrographic Organization (IHO), headquartered in Monaco

• AS Monaco FC - Wikipedia

  Despite not being a French club, Monaco are one of the most successful clubs in French football, having won eight league titles, five Coupe de France trophies and one Coupe de la Ligue. The club also played in European football a number of times, and were runners-up in the UEFA Cup Winners' Cup in 1992 and the UEFA Champions League in 2004. [...] The club's traditional colours are red and white, and the club is known as Les Rouge et Blanc (lit. 'The Red and Whites'). Monaco is a member of the European Club Association. Since December 2011, the club has been majority-owned by the Russian oligarch and billionaire Dmitry Rybolovlev. ## International status [edit] [...] Association Sportive de Monaco Football Club, commonly referred to as AS Monaco (French pronunciation: (/wiki/Help:IPA/French "Help:IPA/French")), is a professional football club based in Fontvieille, Monaco. Although not in France, they are a member of the French Football Federation (FFF) and currently compete in Ligue 1, the top tier of French football. Founded in 1918, the team play their home matches at the Stade Louis II. Their training center is situated in France, in la Turbie.

• Monaco country profile - BBC News

  BBC News # Monaco country profile Share page About sharing This page is no longer being updated. It was last updated on 4 October 2023 Monaco is the second-smallest independent state in the world. It is a playground for tourists and a haven for the wealthy, the former drawn by its climate and the beauty of its setting and the latter by its advantageous tax regime. The country - a constitutional monarchy - is surrounded on three sides by France. [...] 1962 - The prince restores the National Council and introduces a new, more liberal constitution. 1982 - Princess Grace dies following a car accident near Monte-Carlo. 1993 - Monaco joins the United Nations, becoming one of its smallest member states. 2002 - Monaco takes delivery of a huge floating jetty, set to double the capacity of its port. 2004 - OECD places Monaco on blacklist of uncooperative tax havens. [...] Late 1400s - Monaco's sovereignty is recognised by the duke of Savoy, the Pope and the king of France. 1524-1641 - Grimaldi family allies itself with Spain and Monaco comes under Spanish protection. 1793 - French Revolution - the Grimaldis are deposed and unification with France follows. 1814 - Monaco is returned to the Grimaldis and becomes a Sardinian protectorate until 1860. 1861 - Monaco's independence restored under the Franco-Monegasque treaty.