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.
Read more
Rollout out of ‘Monaco Safe’ label begins
Businesses in the Principality have begun bearing the ‘Monaco Safe’ label, an initiative by the Prince’s government to alert customers to Monaco’s commitment to safety.
Majority of temps are young males
Monaco had an estimated 11,407 temporary workers in 2019 of which the vast majority were young and male.
CARE reviews first files
Around 20 companies have put their hands up for government support under the new CARE initiative. Businesses have only two weeks left to apply for the aid.
FOR SALE: Spacious villa in Provençal countryside
Escape to the countryside anytime your heart desires to enjoy this gorgeous Provençal villa, surrounded by the famous Côtes de Provence wineries.
Monaco business showing slight recovery
Retail trade saw small gains according to business owners interviewed in May, though retail and auto repair is steeply down.
MEB returns to Paris
MEB leaders have travelled to Paris to meet several key partners and prepare for operations scheduled for the end of the year and 2021, with the aim of facilitating Monaco’s recovery.
