Freedom Score

Monaco to North Korea: tax & freedom compared

How does North Korea score against Monaco? The Freedom Score weighs six dimensions, built on primary government sources.

Net per month€7,500
Per year vs. Monaco+€0

Closed totalitarian state · No income tax · No private economy

Tax

100/100

Residency

20/100

Cost of living

100/100

Living environment

25/100

Mobility

73/100

Ownership

5/100

Compared by dimension

On an average Monaco income of €90,000 gross per year, you keep €90,000 net in North Korea: a difference of €0 per year compared with Monaco.

  • Tax: on this income North Korea lands at an effective rate of about 0%, against 0% in Monaco.
  • Passport and mobility: from North Korea you travel visa-free to 42 countries.
  • Residency: on our accessibility scale North Korea scores 20 out of 100 for obtaining residency.
  • Living environment: banking, internet, safety and healthcare together give North Korea a living-environment score of 25 out of 100.

Frequently asked questions

What is the financial difference between Monaco and North Korea?
On an average Monaco income it differs by roughly €0 net per year. Your own figure depends on your income and situation; calculate it with the free freedom check.
Is this tax advice?
No. Libaros compares on the basis of primary government sources and provides information. For personal decisions, consult a qualified adviser.
What sources is this based on?
The Freedom Score uses the OECD Tax Database, IATA Timatic, the Henley Visa Index and Eurostat, with direct links to primary government sources.
Order report · €29

Figures from primary government sources. Information, not advice.

Sources

OECD Tax Database · IATA Timatic · Henley Visa Index · Eurostat