Facts & Figures about the Principality of Monaco

 September 20, 2018




Facts & Figures

  • Motto “Deo Juvante” / “With God’s Help”
  • Official languages French
  • Religion Roman Catholicism
  • Currency Euro (EUR)
  • Calling code +377
  • ISO 3166 code MC


  • Surface 202.7 hectares
  • Surface 2.02 sq.km
  • Length of land border 5 469 meters


  • 2016 update 37,308
  • Female 19.068 (50.1%)
  • Male 18,240 (48.9%)
  • Birth (2017) 958
  • Monegasque nationality (2016) 8,378


  • GDP (2015) 5.64 billion euros
  • GDP Growth rate (2015) 5.4%
  • Employment (2015) 51,956
  • Banks (institutions entitled to receive all types of deposits) (2016) 33

Real-Estate market

  • Average price per sq.m (2016) 41,420 Euro
  • Real estate sales (2016) 33 (valued at 453,500,000 Euro)
  • Real estate resales (2016) 520 (valued at 2,212,700,000 Euro)

The census of the population, carried out on average once every 10 years, allows the population to be counted and provides an understanding of Monaco’s resident population and housing stock. It covers everyone living within the Principality’s territory.


As at 7 June 2016, Monaco’s resident population was estimated at 37,308 which is an increase of 5.5% compared with 2008.

It is also interesting to see that the Principality of Monaco has a female-male breakdown of 50.1% for the females and only 48.9% for the males.

The average age in Monaco is 46.5 years old. 45.5 for the male and 47.4 for the females.

A total of 139 different nationalities were recorded among residents. Furthermore the census recorded 8,378 residents of Monegasque nationality. This means 77.5% of the Principality is formed by the foreign residents.

More interestingly a quarter of all residents in 2016 had moved to the Principality of Monaco during the last eight years.

The majority of residents aged 17 or over live with a partner. More than half of residents live with a spouse.

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Monaco attracts an educated population: 23% of those aged 17 and over hold the equivalent of a master’s degree (bac+5) or higher, and this figure increases to nearly 33% among residents who arrived in the Principality between 2008 and 2016.

In 2016, nearly one in two residents aged 17 or over was employed, and one in three was in retirement or retired from business. The level of unemployment among the population aged 17 and over was 2%. Among those in employment, 58% were men.

Almost 90% of residents who work are employed in the Principality. While in 2016, self-employed workers and company directors represented more than a third of the working population.

monaco-bird-viewHow-to apply for a job in Monaco

Applying for a Monaco based job could be one of the most important topic for a foreign resident. In Monaco no foreigner may occupy a private salaried position without government authorisation!

Read our related reportage


The total number of residential units in Monaco was estimated at 19,534 on 7 June 2016, of which 89% were main residences.

Sixty-three percent of main residences are occupied by at least one tenant or subtenant.

The Monte-Carlo district has the highest number of residences, while Monaco-Ville has the lowest.


The average number of rooms in a main residence in 2016 was 2.9.

Three-room homes are the most common type of main residence in the Principality. And 25% of households in main residences had at least one pet.

Households in main residences own an average of 1.4 cars.

For the latest and more detailed information we encourage you to visit the Institut Monégasque de la Statistique et des Études Économiques.

You might like this as well

Living in Monaco

Comprehensive, objective and honest book about the Principality of Monaco and its living environment. The book Living in Monaco is also a professional relocation itinerary.

It is available for purchase in English at: http://amzn.com/1496107004

Living in Monaco

Living in Monaco book by Zsolt Szemerszky

The author Zsolt Szemerszky intended to hunt down the myth around Monaco and to go beyond gossips. Zsolt is also know by releasing Monaco’s first gourmand book. The Signature Dishes of the Principality of Monaco was launch last December 2016 as the number one release in wine pairing at Amazon.com allows gastronomy lovers to discover the excellence of the Principality of Monaco thanks to recipes and interviews with Executive Chefs who hold together over 50 Michelin stars.

However Living in Monaco is significantly different from his other books. It is not a travel book, it is an ultimate guideline to those who are aiming to get a glimpse about the real Monaco and who have the desire to relocate their personal or business life to the Principality.

The book explains the benefits of the relocation (both for private and business reasons), the life quality in the Principality, and reveals how can one capitalise the unseen treasures and business potentials of Monaco. The “Relocation and what it takes” chapter also explains all the tiny details, traps, tips and best practices while it offers a detailed overview of the administrative mechanism of the Principality.

One of the interesting part of the book is the second part which focuses on the people, the opportunities, and the traps in Monaco. It offers a first hand guidance to avoid to fell for the catchy wordings and the illusions of luxury. Understanding the real-life examples one can truly enjoy the Principality with all its safety and protective legal systems for families and businesses.

The book is available for purchase in English at: http://amzn.com/1496107004

Monaco: The Essential Relocation Guide

Monaco is the undisputed home of the rich and famous and attracts residents from all around the world due to the exceptional lifestyle, safety and multiple benefits available for the entire family.

Monaco: The Essential Relocation Guide

In this book, contributing authors André C Perry, Charlotte Easterbrook and Zsolt Szemerszky have compiled the most important and vital information required to help guide you through the process of relocating to the Principality of Monaco. Being independent experts, they also spiced up the chapters with their personal knowledge on the relocation process to create this in-depth and essential relocation guide.

The book is available in English and consists of 248 pages.

Suggested order links:


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