Monaco Population 2026
Monaco's population in 2025 is estimated at 38,631, making it one of the smallest sovereign states by population. Despite its tiny size, the principality maintains a high-income economy and is densely urbanized along the French Riviera.
Population Trend (Monaco)
Population by Decade
Population milestones
How Monaco's population changed across key years (World Bank estimates).
Overview
Monaco's demographic profile reflects a unique blend of affluence and microstate dynamics. With a 2025 population of just 38,631, the country ranks 211th globally, underscoring its status as the second smallest independent nation after Vatican City. The principality's population has experienced a slight contraction in the most recent year, with a 1-year growth rate of -0.83%, signaling a short-term decline likely influenced by migration patterns or economic factors. However, over the past decade, Monaco's population grew at an average annual rate of 0.67%, indicating moderate long-term expansion driven by its appeal as a tax haven and luxury destination. Situated in the Europe & Central Asia region, Monaco is entirely urban and has a high-income economy, which attracts wealthy residents and expatriates but also imposes constraints on housing and space. The negative short-term growth may reflect temporary outflows or stricter residency policies, while the positive 10-year trend suggests underlying resilience. As a microstate, Monaco's demographic changes are highly sensitive to international migration and policy shifts, making its population trajectory closely watched by demographers.
Key Facts
- Monaco's population in 2025 is 38,631.
- The 1-year population growth rate is -0.83%, indicating a decline.
- The 10-year average annual growth rate is 0.67%.
- Monaco ranks 211th in global population among all countries.
- It is classified as a high-income country in the Europe & Central Asia region.
- The population is entirely urban, with no rural areas.