GDP in Monaco
Monaco: GDP was 9.55 billion constant 2015 US$ in 2024. ▲ Rising
Latest (2024)
9.55 billion constant 2015 US$
Change on year
up 8.5%
World rank
152nd
of 212 countries
All-time high
9.55 billion constant 2015 US$
in 2024
All-time low
1.76 billion constant 2015 US$
in 1970
Years of data
55
1970–2024
GDP in Monaco, 1970–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
Monaco recorded 9.55 billion constant 2015 US$ for gdp in 2024. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 8.5% on the previous year and up 59.9% over ten years.
Over the whole period, gdp in Monaco peaked at 9.55 billion constant 2015 US$ in 2024 and was at its lowest, 1.76 billion constant 2015 US$, in 1970.
Monaco ranks 152nd of 212 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
GDP in Monaco, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1970 | 1.76 billion constant 2015 US$ | — |
| 1971 | 1.86 billion constant 2015 US$ | +5.2% |
| 1972 | 1.94 billion constant 2015 US$ | +4.6% |
| 1973 | 2.07 billion constant 2015 US$ | +6.6% |
| 1974 | 2.16 billion constant 2015 US$ | +4.5% |
| 1975 | 2.14 billion constant 2015 US$ | -1.0% |
| 1976 | 2.24 billion constant 2015 US$ | +4.4% |
| 1977 | 2.32 billion constant 2015 US$ | +3.6% |
| 1978 | 2.41 billion constant 2015 US$ | +4.0% |
| 1979 | 2.49 billion constant 2015 US$ | +3.5% |
| 1980 | 2.54 billion constant 2015 US$ | +1.7% |
| 1981 | 2.56 billion constant 2015 US$ | +0.9% |
| 1982 | 2.62 billion constant 2015 US$ | +2.4% |
| 1983 | 2.65 billion constant 2015 US$ | +1.2% |
| 1984 | 2.69 billion constant 2015 US$ | +1.5% |
| 1985 | 2.74 billion constant 2015 US$ | +1.7% |
| 1986 | 2.80 billion constant 2015 US$ | +2.5% |
| 1987 | 2.87 billion constant 2015 US$ | +2.5% |
| 1988 | 3.01 billion constant 2015 US$ | +4.6% |
| 1989 | 3.13 billion constant 2015 US$ | +4.2% |
| 1990 | 3.21 billion constant 2015 US$ | +2.6% |
| 1991 | 3.25 billion constant 2015 US$ | +1.0% |
| 1992 | 3.29 billion constant 2015 US$ | +1.4% |
| 1993 | 3.26 billion constant 2015 US$ | -0.9% |
| 1994 | 3.33 billion constant 2015 US$ | +2.2% |
| 1995 | 3.40 billion constant 2015 US$ | +2.1% |
| 1996 | 3.44 billion constant 2015 US$ | +1.1% |
| 1997 | 3.52 billion constant 2015 US$ | +2.2% |
| 1998 | 3.64 billion constant 2015 US$ | +3.5% |
| 1999 | 3.76 billion constant 2015 US$ | +3.3% |
| 2000 | 3.91 billion constant 2015 US$ | +3.9% |
| 2001 | 3.99 billion constant 2015 US$ | +2.2% |
| 2002 | 4.04 billion constant 2015 US$ | +1.0% |
| 2003 | 4.08 billion constant 2015 US$ | +1.1% |
| 2004 | 4.18 billion constant 2015 US$ | +2.5% |
| 2005 | 4.26 billion constant 2015 US$ | +1.9% |
| 2006 | 4.51 billion constant 2015 US$ | +5.8% |
| 2007 | 5.16 billion constant 2015 US$ | +14.4% |
| 2008 | 5.20 billion constant 2015 US$ | +0.7% |
| 2009 | 4.61 billion constant 2015 US$ | -11.3% |
| 2010 | 4.70 billion constant 2015 US$ | +2.1% |
| 2011 | 5.03 billion constant 2015 US$ | +7.0% |
| 2012 | 5.08 billion constant 2015 US$ | +1.0% |
| 2013 | 5.57 billion constant 2015 US$ | +9.6% |
| 2014 | 5.97 billion constant 2015 US$ | +7.2% |
| 2015 | 6.26 billion constant 2015 US$ | +4.9% |
| 2016 | 6.45 billion constant 2015 US$ | +3.0% |
| 2017 | 6.25 billion constant 2015 US$ | -3.2% |
| 2018 | 6.60 billion constant 2015 US$ | +5.7% |
| 2019 | 7.07 billion constant 2015 US$ | +7.1% |
| 2020 | 6.14 billion constant 2015 US$ | -13.2% |
| 2021 | 7.50 billion constant 2015 US$ | +22.2% |
| 2022 | 8.35 billion constant 2015 US$ | +11.3% |
| 2023 | 8.80 billion constant 2015 US$ | +5.4% |
| 2024 | 9.55 billion constant 2015 US$ | +8.5% |
Monaco compared with similar countries
- Monaco's 9.55 billion constant 2015 US$ is below the median for high income countries, which is 76.03 billion constant 2015 US$, 13% of the median. (80 countries reporting)
- Monaco's 9.55 billion constant 2015 US$ is below the median for Europe & Central Asia, which is 70.96 billion constant 2015 US$, 13% of the median. (55 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.14 billion constant 2015 US$ | 1.76 billion constant 2015 US$ | 2.49 billion constant 2015 US$ | 10 |
| 1980s | 2.76 billion constant 2015 US$ | 2.54 billion constant 2015 US$ | 3.13 billion constant 2015 US$ | 10 |
| 1990s | 3.41 billion constant 2015 US$ | 3.21 billion constant 2015 US$ | 3.76 billion constant 2015 US$ | 10 |
| 2000s | 4.39 billion constant 2015 US$ | 3.91 billion constant 2015 US$ | 5.20 billion constant 2015 US$ | 10 |
| 2010s | 5.90 billion constant 2015 US$ | 4.70 billion constant 2015 US$ | 7.07 billion constant 2015 US$ | 10 |
| 2020s | 8.07 billion constant 2015 US$ | 6.14 billion constant 2015 US$ | 9.55 billion constant 2015 US$ | 5 |
Countries ranked near Monaco
- 149 Kyrgyzstan 11.42 billion constant 2015 US$ compare
- 150 Congo 10.91 billion constant 2015 US$ compare
- 151 Sierra Leone 10.28 billion constant 2015 US$ compare
- 153 Moldova 9.49 billion constant 2015 US$ compare
- 154 Togo 9.42 billion constant 2015 US$ compare
- 155 Kosovo 9.30 billion constant 2015 US$ compare
- 155 Kosovo (UNSCR 1244) 9.30 billion constant 2015 US$ compare
More economy & growth data for Monaco
- Industry (including construction), value added (current US$), per 0.128 current US$ per US$ of GDP (2024)
- Services, value added (current US$), annual growth rate 9.59 % change on previous year (2024)
- Industry (including construction), value added (current US$), annual 23.73 % change on previous year (2024)
- Industry (including construction), value added (current US$), per 36,855 current US$ per person (2024)
- Industry (including construction), value added (current LCU), annual 23.6 % change on previous year (2024)
- Industry (including construction), value added (constant LCU), per 0.1024 constant LCU per US$ of GDP (2014)
- Industry (including construction), value added (constant LCU), per 20,048 constant LCU per person (2014)
- Industry (including construction), value added (current LCU), per 0.1182 current LCU per US$ of GDP (2024)
- Industry (including construction), value added (current LCU), per 34,050 current LCU per person (2024)
- Gdp worldbank constant usd, per unit of GDP 0.8582 units per US$ of GDP (2024)
Frequently asked questions
- What is gdp in Monaco?
- Gdp in Monaco was 9.55 billion constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp recorded in Monaco?
- The highest recorded value was 9.55 billion constant 2015 US$ in 2024.
- What is the lowest gdp recorded in Monaco?
- The lowest recorded value was 1.76 billion constant 2015 US$ in 1970.
- How does Monaco rank for gdp?
- Monaco ranks 152nd out of 212 countries with data for 2024.
- Is gdp rising or falling in Monaco?
- Over the last ten years it is up 59.9%. The long-run trend across the full record is rising.
- Where does this Monaco data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of GDP (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.