Business & Finance
Monaco’s GDP doubles in a decade: which industries are fuelling the Principality’s growth?
Monaco’s economy has almost doubled in size over the past decade, with GDP soaring from €4.94 billion in 2013 to €9.24 billion in 2023, according to the latest IMSEE data. This rapid growth, in stark contrast to slower recoveries across Europe, positions the Principality as an economic powerhouse driven by high-value industries.
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Top-tier property market remains strong
New research has shown that the French Riviera and Monaco rank highest for the most expensive properties, confirming it as the most prestigious property pocket in the world.
Monaco-ville 'villa' sells for €75 million
Villa Unda Maris, situated just metres from the Oceanographic Museum on the Rock, has gone under the gavel and achieved an eye-watering sale price of €75,300,000.
What will the EU’s recovery look like?
The European Union is about to roll out its biggest stimulus package ever seen as focus turns from Covid testing and vaccination to economic recovery.
How many workers in Monaco are female?
Women made up 41% of the workforce in large companies in 2019 and the majority were French. These are just some of the findings to come out of the latest report by IMSEE.
Sportel cancelled
As a resurgence of the Covid pandemic brings continued uncertainty for the coming months, organisers of Sportel Winter have given up trying to pursue their February event at the Grimaldi Forum.
What is the Blue Fund?
Businesses looking for a digital overhaul will have up to 70% of the project paid for by the government in a recovery package designed to help companies reach their digital potential.
