Facts About
Tiny Country
With an area of 2.08 km2 (0.80 sq mi), Monaco is the second-smallest sovereign state in the world, after Vatican City.
Population
About 39,000 people live there.
Language
The official language is French, but Italian and English are also widely spoken.
Cultural Scene
The country boasts a rich cultural scene, including the Monte Carlo Opera and numerous art galleries.
Gambling Hub
The famous Monte Carlo Casino is there.
Car Race
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Monaco hosts the prestigious Monaco Grand Prix, one of the most iconic races in the Formula 1 calendar.
Currency
Monaco uses the Euro as its currency
GDP per capita, Monaco's value of $234,317 USD
No Income Tax
Monaco is known for its low taxes, with no income tax for residents, attracting wealthy individuals.
Green Initiatives
Monaco promotes environmental sustainability with green initiatives, including electric public transport.
Royal Family
Monaco is a constitutional monarchy, ruled by the Grimaldi family since the 13th century. The current monarch is Prince Albert II.
The country of Monaco is 727 years old, founded in the year 1297.