Flag of Monaco

Monaco

Neutral / DevelopingVisa required113th of 194 · Tier 3 Trade Partner · trade rank 167

Strategic Innovation and Services Partner

56/ 100 BFI
Band cut
40
Countries in band
104

The seven measures behind Monaco's 56

Each is scored 0–100, where higher is always better. Open a row to read the analysis behind its number.

The seven measures behind Monaco’s score, each out of 100.
MeasureScore
60
88
68
42
0
98
50

Bonus considerations — useful, but they do not affect the score

These two are worked out for every country as context for a trip. They are not part of the 56 above, and nothing here can move it in either direction.

Affordabilitynot counted15

Higher means cheaper for an Indian traveller.

Vegetarian-friendlinessnot counted75

Higher means easier to eat vegetarian.

Why Monaco?

The standing assessment behind the public sentiment reading of 88, rewritten at each refresh.

India-Monaco relations have maintained an exceptionally warm and strategically aligned trajectory within the last 30 days (July 1, 2026 - July 31, 2026), building upon significant bilateral engagements from the preceding period and reinforcing the historical perception of Monaco as a 'trusted friend' to India. This sentiment is underscored by consistent high-level rhetoric, favorable media coverage, and a positive outlook regarding Indian tourism and diaspora engagement.

From a diplomatic and official rhetoric perspective, the relationship remains highly positive. Discussions from the bilateral visit of India's Union Minister of Commerce and Industry, Shri Piyush Goyal, to Monaco on June 15, 2026, continued to be referenced and highlighted in official communications into July. These interactions with His Serene Highness Prince Albert II and key Monegasque ministers focused on expanding cooperation across critical sectors such as sustainability, the blue economy, innovation, emerging technologies, investments, financial services, tourism, digital technology, data infrastructure, and start-up ecosystems. Prince Albert II's emphasis on the 'blue economy' as a priority for future collaboration signals a shared vision for sustainable development. Furthermore, the anticipation of a Monegasque delegation's visit to India in 2027 to mark the 20th anniversary of diplomatic relations underlines a long-term commitment to strengthening ties. The complete absence of any diplomatic friction or statements regarding India's internal matters reaffirms Monaco's respectful and cooperative stance.

Reasons to visit

For Indian tourists seeking an unparalleled blend of luxury, glamour, and pristine safety, Monaco offers an exquisite escape. With an exceptionally high Safety Score, you can explore its opulent streets, breathtaking coastline, and world-class attractions with complete peace of mind, a paramount consideration for any traveler. While its Friendliness Index might be characterized by a refined professionalism rather than boisterous warmth, the service quality is impeccable, ensuring a smooth and welcoming experience for discerning visitors. Monaco's Popularity Score within its niche is robust, attracting those who appreciate the finer things in life, making it a unique destination. It's not just a place to see, but a lifestyle to experience – from the thrill of its casinos and the roar of its Grand Prix circuit to its stunning Mediterranean vistas and culinary excellence. For those wanting to step into a world of elegance and exclusive experiences, Monaco is an unmissable jewel on the French Riviera, promising unforgettable memories.

Where Indian travellers go

  1. 1Monte Carlo Casino
  2. 2Prince's Palace of Monaco (Palais Princier de Monaco)
  3. 3Oceanographic Museum (Musée Océanographique)

Worth knowing

  • Monaco is the second smallest independent state in the world, after Vatican City, covering an area of just over 2 square kilometers (0.78 sq mi).
  • It has the highest per capita millionaire and billionaire population in the world, with over 30% of its residents being millionaires.
  • Monaco is famously known for its absence of income tax, attracting wealthy residents from around the globe.

In the record

Band
Neutral / Developing
Trade rank
167
Trade volume
$0.0B
Share of India’s trade
0.00%
GDP
$11.1B