Gouvernement Princier de Monaco

Economy and Finance

The Bulletin of the Economy offers a synthesis of Monegasque economic activity for the preceding quarter. It is like a scorecard, making it possible to keep track of changes in the tourism, real estate and transport sectors, foreign trade, the Principality's revenue, finance and employment. The figures for each period are aggregated and compared with those for the corresponding three months of the previous year. At the end of the bulletin, commentaries are included on each sector in order to emphasise or explain the key points.

The Observatories of the Economy are more detailed. These are studies of specific sectors which present and comment on the annual figures relating to the Retail Trade, Foreign Trade, Industry and Real Estate.

The Gross Domestic Product (GDP) of the Principality, which is calculated since 2005, is published in an annual report which presents the figures in a summarised form. Detailed figures of the annual economic growth rate and the GDP per capita are also presented, and explanations are provided on the methodological principles and choices used for the calculations. 

Gross Domestic Product

10 November 2022 Thematic Content

GDP indicators 8.34 CURRENT BILLION EUROS...

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Retail trade

26 August 2022 Thematic Content

Barometer (monthly business survey)According to the retailers surveyed, in September 2023, the business climate remains positive in the retail trade and in the motor vehicle retail trade and repair....

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Foreign Trade

18 April 2019 Thematic Content

Given the customs union between France and the Principality of Monaco, trade in goods and services between the two countries is not subject to customs formalities. The data presented in this document concerns ONLY trade between the Principality of Monaco and the rest of the world, excluding France.

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Real estate

14 February 2019 Thematic Content

After a two-year low in the context of the health crisis, the real estate market is clearly on the rise in 2022. In terms of volume, it increases by 18.2% compared to 2021 and counts 520 transactions but remains below its 2014-2016 level. In value, it reaches the unprecedented amount of €3.54 billion after an increa...

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15 July 2015 Thematic Content

Manufacturing Industry BarometerIn 2023, the Monegasque Institute of Statistics and Economic Studies (IMSEE) is going to set up a new business survey with the aim of creating a Manufacturing Industry Barometer in the Principality, in order to illustrate the business climate in this sector on a monthly basis.This sur...

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Trade and Industry Register

11 January 2018 Thematic Content

The Trade and Industry Register (RCI) references all natural or legal persons, deemed as trading by law, and carrying out their commercial activities on the Principality’s territory. Number of active entities in the RCI as at 31/12/2021...

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Economy Bulletin

21 September 2020 Thematic Content

In the first half of 2023, the majority of indicators for the Monegasque economy continued to grow.For the first time at the end of June, sales exceeded 10 billion euros and the cumulative number of hours worked exceeded 50 million. The main tourism indicators are up sharply, as are new car registrations.

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