Monaco, with a population of approximately 39,000 (2023), is a small yet affluent city-state located on the French Riviera, known for its luxurious lifestyle and status as a financial hub. The economy is primarily service-oriented, with key sectors including finance, tourism, and real estate. Monaco is renowned for its banking and financial services, attracting high-net-worth individuals and businesses due to its favorable tax regime. Tourism also plays a vital role, as millions visit annually to experience its glamorous events, casinos, and Mediterranean climate. With a GDP estimated at around $7 billion and a per capita income of approximately $180,000 (2023), Monaco consistently ranks among the wealthiest places in the world. Its strategic location and strong regulatory environment further enhance its appeal as a global business center.