GDP in Monaco
Monaco: GDP was 9.17 billion constant LCU in 2024. ▲ Rising
Latest (2024)
9.17 billion constant LCU
Change on year
up 8.5%
World rank
179th
of 215 countries
All-time high
9.17 billion constant LCU
in 2024
All-time low
1.69 billion constant LCU
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 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 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% |
Monaco compared with similar countries
- Monaco's 9.17 billion constant LCU is below the median for high income countries, which is 153.70 billion constant LCU, 6% of the median. (83 countries reporting)
- Monaco's 9.17 billion constant LCU is below the median for Europe & Central Asia, which is 330.26 billion constant LCU, 3% of the median. (56 countries reporting)
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
- Industry (including construction), value added (constant LCU), per 20,048 constant LCU per person (2014)
- 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$), per 0.128 current US$ per US$ of GDP (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 (current LCU), per 0.1182 current LCU per US$ of GDP (2024)
- Industry (including construction), value added (constant LCU), per 0.1024 constant LCU per US$ of GDP (2014)
- 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 9.17 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.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.