GDP (current LCU) (UNICEF) in Monaco
Monaco: GDP (current LCU) (UNICEF) was 10.28 billion in 2024. ◆ Volatile
Latest (2024)
10.28 billion
Change on year
up 11.1%
World rank
70th
of 74 countries
All-time high
10.28 billion
in 2024
All-time low
248.20 million
in 1970
Years of data
55
1970–2024
GDP in Monaco, 1970–2024
Source: UNICEF.
Analysis
Monaco recorded 10.28 billion for gdp in 2024. That is the highest value across all 55 years on record.
That represents a change of up 11.1% on the previous year and up 93.1% over ten years.
Over the whole period, gdp in Monaco peaked at 10.28 billion in 2024 and was at its lowest, 248.20 million, in 1970.
That places Monaco 70th out of 74 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (current LCU) (UNICEF) in Monaco, year by year
| Year | Value | Change |
|---|---|---|
| 1970 | 248.20 million | — |
| 1971 | 276.80 million | +11.5% |
| 1972 | 309.50 million | +11.8% |
| 1973 | 355.40 million | +14.8% |
| 1974 | 413.50 million | +16.3% |
| 1975 | 465.40 million | +12.6% |
| 1976 | 538.40 million | +15.7% |
| 1977 | 606.60 million | +12.7% |
| 1978 | 688.40 million | +13.5% |
| 1979 | 784.70 million | +14.0% |
| 1980 | 887.80 million | +13.1% |
| 1981 | 998.50 million | +12.5% |
| 1982 | 1.15 billion | +14.7% |
| 1983 | 1.27 billion | +10.8% |
| 1984 | 1.38 billion | +8.9% |
| 1985 | 1.48 billion | +7.3% |
| 1986 | 1.60 billion | +7.9% |
| 1987 | 1.69 billion | +5.3% |
| 1988 | 1.82 billion | +7.8% |
| 1989 | 1.96 billion | +7.6% |
| 1990 | 2.06 billion | +5.4% |
| 1991 | 2.13 billion | +3.6% |
| 1992 | 2.21 billion | +3.5% |
| 1993 | 2.22 billion | +0.6% |
| 1994 | 2.30 billion | +3.6% |
| 1995 | 2.38 billion | +3.5% |
| 1996 | 2.45 billion | +2.7% |
| 1997 | 2.53 billion | +3.3% |
| 1998 | 2.64 billion | +4.4% |
| 1999 | 2.73 billion | +3.3% |
| 2000 | 2.87 billion | +5.4% |
| 2001 | 2.99 billion | +3.9% |
| 2002 | 3.09 billion | +3.4% |
| 2003 | 3.18 billion | +3.0% |
| 2004 | 3.25 billion | +2.2% |
| 2005 | 3.38 billion | +4.0% |
| 2006 | 3.65 billion | +8.1% |
| 2007 | 4.29 billion | +17.4% |
| 2008 | 4.42 billion | +3.1% |
| 2009 | 3.92 billion | -11.2% |
| 2010 | 4.05 billion | +3.2% |
| 2011 | 4.37 billion | +8.0% |
| 2012 | 4.47 billion | +2.2% |
| 2013 | 4.94 billion | +10.4% |
| 2014 | 5.32 billion | +7.8% |
| 2015 | 5.65 billion | +6.1% |
| 2016 | 5.85 billion | +3.5% |
| 2017 | 5.69 billion | -2.6% |
| 2018 | 6.08 billion | +6.9% |
| 2019 | 6.60 billion | +8.4% |
| 2020 | 5.89 billion | -10.7% |
| 2021 | 7.29 billion | +23.7% |
| 2022 | 8.36 billion | +14.6% |
| 2023 | 9.25 billion | +10.7% |
| 2024 | 10.28 billion | +11.1% |
Monaco compared with similar countries
- Monaco's 10.28 billion is below the median for high income countries, which is 528.44 billion, 2% of the median. (42 countries reporting)
- Monaco's 10.28 billion is below the median for Europe & Central Asia, which is 591.53 billion, 2% of the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 468.69 million | 248.20 million | 784.70 million | 10 |
| 1980s | 1.42 billion | 887.80 million | 1.96 billion | 10 |
| 1990s | 2.37 billion | 2.06 billion | 2.73 billion | 10 |
| 2000s | 3.50 billion | 2.87 billion | 4.42 billion | 10 |
| 2010s | 5.30 billion | 4.05 billion | 6.60 billion | 10 |
| 2020s | 8.21 billion | 5.89 billion | 10.28 billion | 5 |
Countries ranked near Monaco
- 67 Bahrain 17.71 billion compare
- 68 Palestine 13.71 billion compare
- 69 Kosovo (UNSCR 1244) 10.35 billion compare
- 71 Montenegro 7.64 billion compare
- 72 Liechtenstein 7.40 billion compare
- 73 Andorra 3.73 billion compare
More economy & growth data for Monaco
- Services, value added (current US$), per unit of GDP 0.872 current US$ per US$ of GDP (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)
- Services, value added (current US$), annual growth rate 9.59 % change on previous year (2024)
- Industry (including construction), value added (constant LCU), per 20,048 constant LCU per person (2014)
- Industry (including construction), value added (constant LCU), per 0.1024 constant LCU per US$ of GDP (2014)
- Industry (including construction), value added (current LCU), per 34,050 current LCU per person (2024)
Frequently asked questions
- What is gdp in Monaco?
- Gdp in Monaco was 10.28 billion in 2024, according to UNICEF.
- What is the highest gdp recorded in Monaco?
- The highest recorded value was 10.28 billion in 2024.
- What is the lowest gdp recorded in Monaco?
- The lowest recorded value was 248.20 million in 1970.
- How does Monaco rank for gdp?
- Monaco ranks 70th out of 74 countries with data for 2024.
- Is gdp rising or falling in Monaco?
- Over the last ten years it is up 93.1%. The long-run trend across the full record is volatile.
- Where does this Monaco data come from?
- The figures come from UNICEF, published as part of GDP (current LCU). Statizoid updates them automatically from the source API.
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