Market Research In Monaco

Monaco Profile:

  • Monaco, officially the Principality of Monaco is a sovereign city-state, country, and microstate located on the French Riviera in Western Europe.
  • Monaco is known as a playground for the rich and famous, due to its tax laws.
  • The state has no income tax, low business taxes, and is well known for being a tax haven.
  • Monaco joined the Council of Europe in 2004 and is a member of the Organisation Internationale de la Francophonie (OIF).
  • Monaco, however, is not a tax-free shelter; it charges nearly 20% value-added tax, collects stamp duties, and companies face a 33% tax on profits unless they can show that three-quarters of profits are generated within the principality

Monaco Economy:

  • Monaco has the world’s second-highest GDP nominal per capita at $153,177, GDP PPP per capita at $132,571 and GNI per capita at $183,150.
  • The state retains monopolies in a number of sectors, including tobacco, the telephone network, and the postal service.
  • Living standards are high, roughly comparable to those in prosperous French metropolitan areas and have an unemployment rate of 2%.
  • Monaco’s main sources of income are tourism. Each year many foreigners are attracted to its casino and pleasant climate.
  • Monaco’s reliance on tourism and banking for its economic growth has left it vulnerable to a downturn in France and other European economies which are the principality’s main trade partners.

Monaco Facts:

  • Population: 30,645
  • Capital: Monaco
  • Largest city: Monte Carlo
  • Area: 2 sq km
  • Major language: French (Official), English, Italian, Monegasque
  • Major religion: Roman Catholic 90%, other 10%
  • Life expectancy: 85.6 years (Male), 93.5 years (Female)
  • Monetary unit: 1 Euro(EUR) = 100 Cents
  • Main exports: Textiles, manufactured products, and art products.
  • GNI per Capita: $186,710

Our Market Research Services in Monaco:

We Employ A Wide Range of Research Techniques in Monaco:

How Can We Help You?

Contact us at Global Vox Populi and submit a business inquiry online.

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