{"id":292096,"date":"2025-05-13T17:12:38","date_gmt":"2025-05-13T15:12:38","guid":{"rendered":"https:\/\/www.monaco-tribune.com\/2025\/05\/monaco-salaries-median-earnings-of-e3339-in-2024-but-who-earns-the-most\/"},"modified":"2025-08-21T16:22:08","modified_gmt":"2025-08-21T14:22:08","slug":"monaco-salaries-median-earnings-of-e3339-in-2024-but-who-earns-the-most","status":"publish","type":"post","link":"https:\/\/www.monaco-tribune.com\/en\/2025\/05\/monaco-salaries-median-earnings-of-e3339-in-2024-but-who-earns-the-most\/","title":{"rendered":"Monaco salaries: median earnings of \u20ac3,339 in 2024 – but who earns the most?"},"content":{"rendered":"\n

The Monegasque Institute of Statistics and Economic Studies (IMSEE – Monaco Statistics) has just published its annual analysis of private sector salaries<\/a> in Monaco. The figures for 2024 show an overall increase in pay, with particular attention paid to how the different business sectors and age groups have evolved.<\/strong><\/p>\n\n

Half of all private sector employees now have gross earnings of over \u20ac3,339 per month, an increase of 2.6% (+\u20ac83) <\/span> compared with 2023<\/a>. The average salary was \u20ac4,931, up 1.9% (+\u20ac90).<\/span><\/p>\n\n

It is worth noting that low wages are rising faster than high salaries. The threshold for the lowest-paid 10% rose by 2.7% to \u20ac2,302, while that of the highest-paid 10% only improved by 2.2% to \u20ac7,505.<\/p>\n\n

New digital tools to make job hunting easier in Monaco<\/a><\/p>\n\n

Significant differences between business sectors<\/h2>\n\n

The survey highlights major disparities between the key sectors of activity. Finance & insurance remains by far the highest-paying sector, with a median salary of \u20ac6,613, followed by information and communication (\u20ac4,244) and wholesale trade (\u20ac3,914).<\/p>\n\n

At the other end of the spectrum, scientific and technical activities (\u20ac2,943), real estate (\u20ac3,030) and retail trade (\u20ac3,049) have the lowest pay levels.<\/p>\n\n

How to manage your career<\/a><\/p>\n\n

An age-related wage ceiling<\/h2>\n\n

The study also reveals that median salaries gradually increase with age, then hit a ceiling. The 15-24 age group earns an average of \u20ac2,523, which gradually rises to a peak of \u20ac3,624 for the 45-54 age group, before falling slightly for the older age groups (\u20ac3,615 for the 55-64 age group and \u20ac3,239 for the over 65s).<\/p>\n\n

The data confirms Monaco’s reputation as a country with attractive salaries, while also highlighting the challenges posed by pay disparities between the Principality’s different economic sectors.<\/p>\n\n

What is the minimum wage in Monaco?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The Monegasque Institute of Statistics and Economic Studies (IMSEE – Monaco Statistics) has just published its annual analysis of private […]<\/p>\n","protected":false},"author":77,"featured_media":291782,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[243,258],"tags":[3571],"post_sectags":[5065],"post_format":[2465],"class_list":["post-292096","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-public-life","tag-economy-en-2","sectag-finance-en","format-in-brief"],"acf":[],"yoast_head":"\nMonaco salaries: median earnings of \u20ac3,339 in 2024 - but who earns the most?<\/title>\n<meta name=\"description\" content=\"The Monegasque Institute of Statistics and Economic Studies (IMSEE - Monaco Statistics) has just published its annual analysis of private sector salaries\" \/>\n<meta name=\"robots\" content=\"index, follow, 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