GDP (constant LCU) (Country official) in Monaco
Monaco: GDP (constant LCU) (Country official) was 9.17 billion constant LCU in 2024. ▲ Rising
GDP in Monaco, 1970–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
The most recent figure for gdp in Monaco is 9.17 billion constant LCU, measured in 2024. That is the highest value across all 55 years on record.
The figure is up 8.5% on the previous year and up 59.9% over ten years.
Over the whole period, gdp in Monaco peaked at 9.17 billion constant LCU in 2024 and was at its lowest, 1.69 billion constant LCU, in 1970.
Monaco ranks 179th of 215 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 55 years of available data.
GDP (constant LCU) (Country official) in Monaco, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1970 | 1.69 billion constant LCU | — |
| 1971 | 1.78 billion constant LCU | +5.2% |
| 1972 | 1.87 billion constant LCU | +4.6% |
| 1973 | 1.99 billion constant LCU | +6.6% |
| 1974 | 2.08 billion constant LCU | +4.5% |
| 1975 | 2.06 billion constant LCU | -1.0% |
| 1976 | 2.15 billion constant LCU | +4.4% |
| 1977 | 2.22 billion constant LCU | +3.6% |
| 1978 | 2.31 billion constant LCU | +4.0% |
| 1979 | 2.39 billion constant LCU | +3.5% |
| 1980 | 2.43 billion constant LCU | +1.7% |
| 1981 | 2.46 billion constant LCU | +0.9% |
| 1982 | 2.52 billion constant LCU | +2.4% |
| 1983 | 2.55 billion constant LCU | +1.2% |
| 1984 | 2.58 billion constant LCU | +1.5% |
| 1985 | 2.63 billion constant LCU | +1.7% |
| 1986 | 2.69 billion constant LCU | +2.5% |
| 1987 | 2.76 billion constant LCU | +2.5% |
| 1988 | 2.89 billion constant LCU | +4.6% |
| 1989 | 3.01 billion constant LCU | +4.2% |
| 1990 | 3.09 billion constant LCU | +2.6% |
| 1991 | 3.12 billion constant LCU | +1.0% |
| 1992 | 3.16 billion constant LCU | +1.4% |
| 1993 | 3.13 billion constant LCU | -0.9% |
| 1994 | 3.20 billion constant LCU | +2.2% |
| 1995 | 3.27 billion constant LCU | +2.1% |
| 1996 | 3.31 billion constant LCU | +1.1% |
| 1997 | 3.38 billion constant LCU | +2.2% |
| 1998 | 3.50 billion constant LCU | +3.5% |
| 1999 | 3.61 billion constant LCU | +3.3% |
| 2000 | 3.75 billion constant LCU | +3.9% |
| 2001 | 3.84 billion constant LCU | +2.2% |
| 2002 | 3.88 billion constant LCU | +1.0% |
| 2003 | 3.92 billion constant LCU | +1.1% |
| 2004 | 4.01 billion constant LCU | +2.5% |
| 2005 | 4.09 billion constant LCU | +1.9% |
| 2006 | 4.33 billion constant LCU | +5.8% |
| 2007 | 4.95 billion constant LCU | +14.4% |
| 2008 | 4.99 billion constant LCU | +0.7% |
| 2009 | 4.43 billion constant LCU | -11.3% |
| 2010 | 4.52 billion constant LCU | +2.1% |
| 2011 | 4.83 billion constant LCU | +7.0% |
| 2012 | 4.88 billion constant LCU | +1.0% |
| 2013 | 5.35 billion constant LCU | +9.6% |
| 2014 | 5.73 billion constant LCU | +7.2% |
| 2015 | 6.02 billion constant LCU | +4.9% |
| 2016 | 6.20 billion constant LCU | +3.0% |
| 2017 | 6.00 billion constant LCU | -3.2% |
| 2018 | 6.34 billion constant LCU | +5.7% |
| 2019 | 6.79 billion constant LCU | +7.1% |
| 2020 | 5.89 billion constant LCU | -13.2% |
| 2021 | 7.20 billion constant LCU | +22.2% |
| 2022 | 8.01 billion constant LCU | +11.3% |
| 2023 | 8.45 billion constant LCU | +5.4% |
| 2024 | 9.17 billion constant LCU | +8.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.05 billion constant LCU | 1.69 billion constant LCU | 2.39 billion constant LCU | 10 |
| 1980s | 2.65 billion constant LCU | 2.43 billion constant LCU | 3.01 billion constant LCU | 10 |
| 1990s | 3.28 billion constant LCU | 3.09 billion constant LCU | 3.61 billion constant LCU | 10 |
| 2000s | 4.22 billion constant LCU | 3.75 billion constant LCU | 4.99 billion constant LCU | 10 |
| 2010s | 5.67 billion constant LCU | 4.52 billion constant LCU | 6.79 billion constant LCU | 10 |
| 2020s | 7.75 billion constant LCU | 5.89 billion constant LCU | 9.17 billion constant LCU | 5 |
Countries ranked near Monaco
- 176 Tajikistan 11.37 billion constant LCU compare
- 177 Solomon Islands 11.07 billion constant LCU compare
- 178 Channel Islands 10.06 billion constant LCU compare
- 180 Kosovo 7.18 billion constant LCU compare
- 180 Kosovo (UNSCR 1244) 7.18 billion constant LCU compare
- 182 Bermuda 7.10 billion constant LCU compare
More economy & growth data for Monaco
- Gross value added at basic prices (GVA) (current US$), annual growth 11.22 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current LCU), per capita 266,082 current LCU per person (2024)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.9239 current LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current LCU), annual growth 11.1 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current US$), per capita 288,002 current US$ per person (2024)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 1 current US$ per US$ of GDP (2024)
- GDP (constant LCU), per capita 237,372 constant LCU per person (2024)
- Services, value added (current LCU), per unit of GDP 0.8057 current LCU per US$ of GDP (2024)
- Services, value added (current LCU), per capita 232,031 current LCU per person (2024)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 0.8111 constant LCU per US$ of GDP (2014)
Frequently asked questions
- What is gdp in Monaco?
- Gdp in Monaco was 9.17 billion constant LCU 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 9.17 billion constant LCU in 2024.
- What is the lowest gdp recorded in Monaco?
- The lowest recorded value was 1.69 billion constant LCU in 1970.
- How does Monaco rank for gdp?
- Monaco ranks 179th out of 215 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 LCU). 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 varies by country. This series is expressed in local currency units.