GDP in Monaco
Monaco: GDP was 10.28 billion current LCU in 2024. ◆ Volatile
Latest (2024)
10.28 billion current LCU
Change on year
up 11.1%
World rank
181st
of 214 countries
All-time high
10.28 billion current LCU
in 2024
All-time low
248.20 million current 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 current LCU.
Analysis
In 2024, gdp in Monaco stood at 10.28 billion current LCU. 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 current LCU in 2024 and was at its lowest, 248.20 million current LCU, in 1970.
That places Monaco 181st out of 214 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 in Monaco, year by year
| Year | current LCU | Change |
|---|---|---|
| 1970 | 248.20 million current LCU | — |
| 1971 | 276.80 million current LCU | +11.5% |
| 1972 | 309.50 million current LCU | +11.8% |
| 1973 | 355.40 million current LCU | +14.8% |
| 1974 | 413.50 million current LCU | +16.3% |
| 1975 | 465.40 million current LCU | +12.6% |
| 1976 | 538.40 million current LCU | +15.7% |
| 1977 | 606.60 million current LCU | +12.7% |
| 1978 | 688.40 million current LCU | +13.5% |
| 1979 | 784.70 million current LCU | +14.0% |
| 1980 | 887.80 million current LCU | +13.1% |
| 1981 | 998.50 million current LCU | +12.5% |
| 1982 | 1.15 billion current LCU | +14.7% |
| 1983 | 1.27 billion current LCU | +10.8% |
| 1984 | 1.38 billion current LCU | +8.9% |
| 1985 | 1.48 billion current LCU | +7.3% |
| 1986 | 1.60 billion current LCU | +7.9% |
| 1987 | 1.69 billion current LCU | +5.3% |
| 1988 | 1.82 billion current LCU | +7.8% |
| 1989 | 1.96 billion current LCU | +7.6% |
| 1990 | 2.06 billion current LCU | +5.4% |
| 1991 | 2.13 billion current LCU | +3.6% |
| 1992 | 2.21 billion current LCU | +3.5% |
| 1993 | 2.22 billion current LCU | +0.6% |
| 1994 | 2.30 billion current LCU | +3.6% |
| 1995 | 2.38 billion current LCU | +3.5% |
| 1996 | 2.45 billion current LCU | +2.7% |
| 1997 | 2.53 billion current LCU | +3.3% |
| 1998 | 2.64 billion current LCU | +4.4% |
| 1999 | 2.73 billion current LCU | +3.3% |
| 2000 | 2.87 billion current LCU | +5.4% |
| 2001 | 2.99 billion current LCU | +3.9% |
| 2002 | 3.09 billion current LCU | +3.4% |
| 2003 | 3.18 billion current LCU | +3.0% |
| 2004 | 3.25 billion current LCU | +2.2% |
| 2005 | 3.38 billion current LCU | +4.0% |
| 2006 | 3.65 billion current LCU | +8.1% |
| 2007 | 4.29 billion current LCU | +17.4% |
| 2008 | 4.42 billion current LCU | +3.1% |
| 2009 | 3.92 billion current LCU | -11.2% |
| 2010 | 4.05 billion current LCU | +3.2% |
| 2011 | 4.37 billion current LCU | +8.0% |
| 2012 | 4.47 billion current LCU | +2.2% |
| 2013 | 4.94 billion current LCU | +10.4% |
| 2014 | 5.32 billion current LCU | +7.8% |
| 2015 | 5.65 billion current LCU | +6.1% |
| 2016 | 5.85 billion current LCU | +3.5% |
| 2017 | 5.69 billion current LCU | -2.6% |
| 2018 | 6.08 billion current LCU | +6.9% |
| 2019 | 6.60 billion current LCU | +8.4% |
| 2020 | 5.89 billion current LCU | -10.7% |
| 2021 | 7.29 billion current LCU | +23.7% |
| 2022 | 8.36 billion current LCU | +14.6% |
| 2023 | 9.25 billion current LCU | +10.7% |
| 2024 | 10.28 billion current LCU | +11.1% |
Monaco compared with similar countries
- Monaco's 10.28 billion current LCU is below the median for high income countries, which is 211.72 billion current LCU, 5% of the median. (82 countries reporting)
- Monaco's 10.28 billion current LCU is below the median for Europe & Central Asia, which is 433.17 billion current LCU, 2% of the median. (56 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 468.69 million current LCU | 248.20 million current LCU | 784.70 million current LCU | 10 |
| 1980s | 1.42 billion current LCU | 887.80 million current LCU | 1.96 billion current LCU | 10 |
| 1990s | 2.37 billion current LCU | 2.06 billion current LCU | 2.73 billion current LCU | 10 |
| 2000s | 3.50 billion current LCU | 2.87 billion current LCU | 4.42 billion current LCU | 10 |
| 2010s | 5.30 billion current LCU | 4.05 billion current LCU | 6.60 billion current LCU | 10 |
| 2020s | 8.21 billion current LCU | 5.89 billion current LCU | 10.28 billion current LCU | 5 |
Countries ranked near Monaco
- 178 Fiji 14.25 billion current LCU compare
- 179 Kosovo 11.02 billion current LCU compare
- 179 Kosovo (UNSCR 1244) 11.02 billion current LCU compare
- 182 Channel Islands 10.06 billion current LCU compare
- 183 Bermuda 9.19 billion current LCU compare
- 184 Montenegro 8.17 billion current 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 10.28 billion current 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 10.28 billion current LCU in 2024.
- What is the lowest gdp recorded in Monaco?
- The lowest recorded value was 248.20 million current LCU in 1970.
- How does Monaco rank for gdp?
- Monaco ranks 181st out of 214 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 Country official statistics, National Statistical Organizations and/or Central Banks, published as part of GDP (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.