Gouvernement Princier de Monaco

Economy Bulletin 1st quarter 2017

Couverture BTE 1T 2017

The Bulletin of the Economy for the 1st quarter of 2017, on data collected since 1 January, is available online.

The total volume of trade is more or less stable (-0.2%). The balance trade deficit is falling owing to an increase in exports and a decline in imports.

In the first quarter of 2017, the Principality’s turnover, excluding financial and insurance activities, rose (+4%) compared with 2016, thanks to good performance in the construction and wholesale trade sectors.

The number of jobs has increased significantly. Virtually all sectors have created additional jobs but some have proved more dynamic than others. The number of employers and the number of hours worked are also on the rise.

For further information, download Bulletin of the Economy for the 1st quarter of 2017

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