
Monaco The Principality of Monaco more commonly known as Monaco is a constitutional monarchy and city-state in Western Europe located along the French Riviera between the Mediterranean Sea and France. Affluent Monaco is one of the five European microstates. Monaco is the most densely populated country in the world and the world's second-smallest independent country with a population of just 32,410 and an area of 1.95 sq. km. It has more millionaires per capita than any other country in the world. It is the smallest French-speaking country in the world.