- Economy and Finance
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.
Monaco’s GDP for 2020 was €5.97 billion, compared with €6.60 billion in 2019, a decline of 11.8% in real terms, adjusted for inflation. GDP indicators...Read more
Barometer (monthly business survey)According to the retailers surveyed, in November 2021,the business climate is stable at a favorable levelin retail trade and in trade and repair of motor vehicles....Read more
As a result of the Customs Union which exists between France and the Principality of Monaco, goods and services traded between the two countries are not subject to customs formalities. The data presented here relates solely to trade between the Principality of Monaco and the rest of the world, excluding France.Read more
The cumulative value of transactions (new properties and resales) declined sharply (-22.3%) to a level similar to that seen in 2017.Sales Real-estate sales...Read more
INDUSTRY EMPLOYERS AS AT DECEMBER 2020 122 EMPLOYERS Source: Monaco social funds...Read more
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 31/12/2020...Read more
Data at 3rd quarter 2021 At nearly €2.2 billion, tota...Read more
Manufacturing, mining and quarrying, and others industriesIn 2020, there were 179 businesses operating in the Manufacturing, mining and quarrying and other industries sector, which generated revenue of €695.1 million. The major economic sector (MES) numbered 122 employers and 2,558 employees. It accounted for just 3...Read more
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