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Mónaco, officially the principality.html">Principality of Mónaco, is a sovereign city-state and microstate located on the French Riviera in Western Europe. With an area of approximately 2 square kilometers (0.77 sq mi), it is one of the smallest countries in the world.

The principality is bordered by France to the west, north, and east, and Italy to the southeast. Its unique location has made Mónaco a popular destination for tourists and a hub for national.html">international trade and finance.

Since 1297, Mónaco has been ruled by the House of Grimaldi, with Prince Albert II serving as the current ruler since 2005. The government is a constitutional monarchy, with a minister-president responsible for day-to-day governance.

Mónaco''s economy is heavily reliant on tourism and financial services, with many international banks and companies having operations in the principality due to its favorable business environment and low tax rates. The country has a high standard of living and a strong focus on sports, particularly formula.html">Formula One racing, which takes place on the famous Mónaco Grand Prix circuit.

Mónaco is also known for its rich cultural heritage, with the Opéra de Mónaco being one of the most renowned opera houses in Europe. The country has a unique blend of French and Italian influences, reflected in its architecture, cuisine, and traditions.