Monaco — Country Profile
Population, GDP, natural resources, leaders and history of Monaco: the Magna Factbook country file, with its Magna Power score (--/100, ranked #-- of 195).
Last updated: October 2026
Monaco is in Western Europe, bordering the Mediterranean Sea on the southern coast of France, near the border with Italy. It covers 2 sq km. Terrain: hilly, rugged, rocky. Climate: Mediterranean with mild, wet winters and hot, dry summers.
| Capital | Monaco |
|---|---|
| Population | 32,047 (2025 est.) |
| GDP (PPP) | $8.924 billion (2024 est.) |
| GDP per capita (PPP) | $270,100 (2024 est.) |
| Real GDP growth | 5% (2023 est.) |
| Inflation | 5.9% (2022 est.) |
| Life expectancy | 89.8 years (2024 est.) |
| Median age | 57.5 years (2025 est.) |
| Urbanization | 100% of total population (2023) |
| Government | constitutional monarchy |
| Independence | 1419 (beginning of permanent rule by the House of GRIMALDI) |
| Languages | French (official), English, Italian, Monegasque |
Monaco’s GDP is $8.924 billion (2024 est.) in purchasing-power-parity terms. At official exchange rates it stands at $10.434 billion (2024 est.). Real GDP grew 5% (2023 est.). See where Monaco ranks among all 195 countries by GDP.
POWER --/100 — The Magna Power score is our 0–100 composite of structural national power — nine components, 135 indicators. It is the Bureau's own assessment, not a mirror of World Bank or CIA figures.
Momentum 0 — Quarterly momentum: the Bureau's read on the country's trajectory over the last quarter, from −10 (deteriorating fast) to +10 (accelerating).
A neutral quarter in the truest sense: nothing happened that altered the country's course or standing.
The score records absence of momentum honestly — the deeper currents continue, unmoved by the calendar.
- What our model rewards: GDP per capita of $270,100 (PPP) — prosperity far above the world average; life expectancy of 90 years — among the longest-lived peoples on Earth
- What drags it down: a median age of 58 — an aging population; few natural resources to fall back on
Energy is the physical base of economic power — what a country can generate, move and burn decides what it can build, sell and defend.
| Electricity access | 100% (2022 est.) |
|---|
Our World in Data does not publish a primary-energy series for Monaco.
Sources: CIA World Factbook, Energy section.
Trade shows what the world buys from a country and what the country must buy from the world — the balance between the two is a direct measure of economic leverage.
| Key industries | banking, insurance, tourism, construction, small-scale industrial and consumer products |
|---|
The CIA World Factbook does not publish export or import figures for Monaco.
Source: CIA World Factbook, Economy section.
Christophe Mirmand — Minister of State. Prince ALBERT II (since 6 April 2005)
Monaco maintains 9 embassies and 0 consulates abroad, hosts 3 foreign diplomatic missions, holds permanent missions to UN New York, UN Geneva, EU Brussels, UNESCO Paris, OSCE Vienna, CoE Strasbourg. The breadth of a diplomatic network is a direct measure of diplomatic power — it shows how far a country’s influence, alliances and interests reach.
| Embassies abroad | 9 |
|---|---|
| Consulates abroad | 0 |
| Foreign missions hosted | 3 |
| Multilateral missions | UN New York, UN Geneva, EU Brussels, UNESCO Paris, OSCE Vienna, CoE Strasbourg |
Source: Abroad/hosted: Consular Affairs Center, Jan 2026 of-country (9/0) and in-country (3) rankings, Zenodo https://zenodo.org/records/18109976/ . UNESCO Paris: Government of Monaco https://en.gouv.mc/A-la-Une-du-Portail/Celebrating-International-Francophonie-Day-at-UNESCO and https://news.mc/2024/07/30/monaco-highlights-sport-commitment-at-unesco-conference/ . EU Brussels mission accredited at ambassador level: Austrian parliament document https://www.parlament.gv.at/dokument/XXIV/EU/98602/imfname_10383858.pdf . Other multilateral rosters as for AUT.
Transport networks are economic power made physical — ports, runways, railways and pipelines decide what a country can move, sell and defend.
| Sea access | Coastal — 4.1 km of coastline. |
|---|---|
| Major seaports | Monaco |
Sources: OurAirports public-domain extract (2026-10-02); per-entry Wikipedia links included; CIA World Factbook via cia_factbook snapshot (2026-09-28)
| Political system | constitutional monarchy |
|---|---|
| Next election | No election currently scheduled. |
POWER --/100 Ranked #-- of 195 countries in the Magna Country Rankings. Full ranking breakdown for Monaco.
This profile covers the population, economy, natural resources, leaders, and history of Monaco — with the Bureau’s live national-power score of --/100, ranking #-- of 195 countries.
What is Monaco's power score?
Monaco has a Magna Power score of --/100. The score measures structural power — the proven capacity to shape events — across nine components.