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   Monaco Country Guide

Monaco Country Guide The Genoese built a fortress on the site of present day Monaco in 1215. The current ruling GRIMALDI family first seized temporary control in 1297, and again in 1331, but were not able to permanently secure their holding until 1419. Economic development was spurred in the late 19th century with a railroad linkup to France and the opening of a casino. Since then, the principality's mild climate, splendid scenery, and gambling facilities have made Monaco world famous as a tourist and recreation center.

Monaco Full Name: Principality of Monaco
Area: 2 sq km
Population: 30,581 (July 2016 est.)
Capital City: Monaco

People: French 47%, Monegasque 16%, Italian 16%, other 21%
Language: French (official), English, Italian, Monegasque
Religion: Roman Catholic 90%, other 10%

Government Type: Constitutional Monarchy
Chief of State Prince ALBERT II (since 6 April 2005)
Head of Government: Minister of State Serge TELLE (since 1 February 2016)

GDP: $US 6.79 billion (2013 est.)
GDP per Capita: $US 78,700 (2013 est.)
Inflation: 1.5% (2010)
Unemployment: 2% (2012)
Industries: Tourism, construction, small-scale industrial and consumer products
Currency: Euro (€ - EUR)

Member of EU: No

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Info provided by the CIA World Factbook
Updated 2/2017
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