Monaco’s economic performance in 2023 was positive, marking a third consecutive year of solid growth, as revealed in the Gross Domestic Product (GDP) report, published by the Monegasque Institute of Statistics and Economic Studies (IMSEE) on 8 November.
Monaco’s economy experienced a challenging start to 2024, as turnover dropped by 7.4%, but the job market remained resilient, even seeing growth, particularly in the hospitality and catering industries.