Monaco Population: 39,141

The country of Monaco can be considered as a microstate with its location in southwestern Europe. It shares its borders with both France and the Mediterranean Sea. The distance is 15km from the state border with Italy. The total area of the country is 2.02 km2, making it the second smallest country in the world after the Vatican. Almost the whole of Monaco is urban.

Largest Cities in Monaco by Population

Monaco has the highest population, followed by Monte-Carlo, La Condamine, Fontvieille, and Moneghetti.

Monaco Population History

In 1950 the population of Monaco was just 19,996, and it has steadily increased with the current population of 39,242 inhabitants. This country also has other nationalities belonging to France, Italy, Britain, Belgium, and Germany.

Year Population Yearly % Change Yearly Change Density (P/Km²) Urban Pop % Urban Population Country’s Share of World Pop World Population Global Rank
2020 39,242 0.80% 305 26,337 N.A. N.A. 0% 7,794,798,739 214
2019 38,964 0.73% 282 26,150 N.A. N.A. 0.00% 7,713,468,100 214
2018 38,682 0.76% 290 25,961 N.A. N.A. 0.00% 7,631,091,040 214
2017 38,392 0.85% 322 25,766 N.A. N.A. 0.00% 7,547,858,925 214
2016 38,070 0.93% 352 25,550 N.A. N.A. 0% 7,464,022,049 214
2015 37,718 1.16% 421 25,314 N.A. N.A. 0% 7,379,797,139 214
2010 35,612 1.02% 354 23,901 N.A. N.A. 0% 6,956,823,603 215
2005 33,843 1.03% 339 22,713 99.90% 33,793 0% 6,541,907,027 215
2000 32,147 0.91% 286 21,575 99.80% 32,082 0% 6,143,493,823 215
1995 30,716 0.85% 256 20,615 99.90% 30,691 0% 5,744,212,979 215
1990 29,438 0.42% 121 19,757 N.A. N.A. 0% 5,327,231,061 213
1985 28,832 1.51% 417 19,350 N.A. N.A. 0% 4,870,921,740 212
1980 26,745 1.20% 309 17,950 N.A. N.A. 0% 4,458,003,514 212
1975 25,198 1.42% 343 16,911 100% 25,197 0% 4,079,480,606 212
1970 23,484 0.17% 40 15,761 N.A. N.A. 0% 3,700,437,046 211
1965 23,282 0.73% 166 15,626 84.40% 19,655 0% 3,339,583,597 209
1960 22,452 2.70% 559 15,068 N.A. N.A. 0% 3,034,949,748 209
1955 19,655 -0.34% -68 13,191 N.A. N.A. 0% 2,773,019,936 209

Monaco Population forecast

According to the econometric models, the population of Monaco is believed to reach 0.04 million by the end of 2020. Also, it is believed that the number will keep increasing, and by the year 2021, the population is expected to trend around 0.04 million.

Year Population Yearly % Change Yearly Change Density (P/Km²) Urban Pop % Urban Population Country’s Share of World Pop World Population Global Rank
2020 39,242 0.80% 305 26,337 N.A. N.A. 0% 7,794,798,739 214
2025 40,557 0.66% 263 27,219 99.40% 40,294 0% 8,184,437,460 216
2030 41,777 0.59% 244 28,038 99% 41,362 0% 8,548,487,400 216
2035 42,929 0.55% 230 28,811 98.90% 42,462 0% 8,887,524,213 216
2040 43,972 0.48% 209 29,511 98.90% 43,487 0% 9,198,847,240 216
2045 44,949 0.44% 195 30,167 99% 44,513 0% 9,481,803,274 216
2050 46,002 0.46% 211 30,874 99.30% 45,685 0% 9,735,033,990 216

Monaco Demographics

The total population of Monaco only represents less than 0.01% of the total world population. This means that one person in every 175439 people in the world is a resident of Monaco. It occupies the position of 214 in the list of countries by population. The median age is estimated to be 53.8 years. According to UN data, almost 68% of the total country’s population are immigrants. Other than Monegasques living in the country, the ethnic groups present are French 19.9%, Italian 15.3%, British 5%, Belgian 2.3%, Swiss 2%, German, Russian 1.8%, American 1.1%, Dutch 1.1%, Moroccan 1%, and others 16.6%.

Monaco Religion & Politics

The state religion is Catholicism, and approximately 7,200 citizens are adherents to that faith. The next most practiced religion is Protestantism, and other religions such as Judaism, Islam, or other religious beliefs are also practiced.

Constitutional monarchy is the present political system in Monaco, and the Prince of Monaco serves as the head of state. Additionally, some powers are also vested in several advisory and legislative bodies.

Monaco Economy

The economy of Monaco is directly dependent on tourism and banking. Since it is located on the French coast of the Mediterranean Sea, it has become a popular resort. Though the state has no income tax and low business taxes, it retains monopolies in other sectors such as tobacco, the telephone network, and the postal service. The per capita income is at 188,409 dollars, and the unemployment rate is as low as 2%.

Largest Countries in the World by Population

S.No Country Population (2020) World Population Share (%)
1 China 1,439,323,776 18.47%
2 India 1,380,004,385 17.70%
3 United States 331,002,651 4.25%
4 Indonesia 273,523,615 3.51%
5 Pakistan 220,892,340 2.83%
6 Brazil 212,559,417 2.73%
7 Nigeria 206,139,589 2.64%
8 Bangladesh 164,689,383 2.11%
9 Russia 145,934,462 1.87%
10 Mexico 128,932,753 1.65%