GDP in Monaco
Monaco: GDP was 11.13 billion current US$ in 2024. ◆ Volatile
Latest (2024)
11.13 billion current US$
Change on year
up 11.2%
World rank
158th
of 214 countries
All-time high
11.13 billion current US$
in 2024
All-time low
293.13 million current 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 current US$.
Analysis
In 2024, gdp in Monaco stood at 11.13 billion current US$. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 11.2% on the previous year and up 57.4% over ten years.
Over the whole period, gdp in Monaco peaked at 11.13 billion current US$ in 2024 and was at its lowest, 293.13 million current US$, in 1970.
That places Monaco 158th out of 214 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP in Monaco, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 293.13 million current US$ | — |
| 1971 | 327.71 million current US$ | +11.8% |
| 1972 | 402.45 million current US$ | +22.8% |
| 1973 | 523.55 million current US$ | +30.1% |
| 1974 | 563.95 million current US$ | +7.7% |
| 1975 | 711.98 million current US$ | +26.2% |
| 1976 | 735.32 million current US$ | +3.3% |
| 1977 | 811.19 million current US$ | +10.3% |
| 1978 | 1.00 billion current US$ | +23.3% |
| 1979 | 1.21 billion current US$ | +20.9% |
| 1980 | 1.38 billion current US$ | +13.9% |
| 1981 | 1.21 billion current US$ | -12.6% |
| 1982 | 1.14 billion current US$ | -5.1% |
| 1983 | 1.09 billion current US$ | -4.4% |
| 1984 | 1.04 billion current US$ | -5.1% |
| 1985 | 1.08 billion current US$ | +4.4% |
| 1986 | 1.52 billion current US$ | +39.9% |
| 1987 | 1.84 billion current US$ | +21.4% |
| 1988 | 2.00 billion current US$ | +8.8% |
| 1989 | 2.01 billion current US$ | +0.5% |
| 1990 | 2.48 billion current US$ | +23.4% |
| 1991 | 2.48 billion current US$ | -0.0% |
| 1992 | 2.74 billion current US$ | +10.3% |
| 1993 | 2.57 billion current US$ | -5.9% |
| 1994 | 2.72 billion current US$ | +5.7% |
| 1995 | 3.13 billion current US$ | +15.1% |
| 1996 | 3.14 billion current US$ | +0.2% |
| 1997 | 2.84 billion current US$ | -9.5% |
| 1998 | 2.93 billion current US$ | +3.3% |
| 1999 | 2.91 billion current US$ | -0.9% |
| 2000 | 2.65 billion current US$ | -8.7% |
| 2001 | 2.67 billion current US$ | +0.7% |
| 2002 | 2.92 billion current US$ | +9.2% |
| 2003 | 3.60 billion current US$ | +23.2% |
| 2004 | 4.04 billion current US$ | +12.4% |
| 2005 | 4.20 billion current US$ | +4.0% |
| 2006 | 4.59 billion current US$ | +9.1% |
| 2007 | 5.88 billion current US$ | +28.1% |
| 2008 | 6.50 billion current US$ | +10.7% |
| 2009 | 5.47 billion current US$ | -15.8% |
| 2010 | 5.37 billion current US$ | -2.0% |
| 2011 | 6.09 billion current US$ | +13.4% |
| 2012 | 5.74 billion current US$ | -5.7% |
| 2013 | 6.56 billion current US$ | +14.2% |
| 2014 | 7.07 billion current US$ | +7.8% |
| 2015 | 6.26 billion current US$ | -11.4% |
| 2016 | 6.47 billion current US$ | +3.3% |
| 2017 | 6.43 billion current US$ | -0.6% |
| 2018 | 7.18 billion current US$ | +11.7% |
| 2019 | 7.38 billion current US$ | +2.8% |
| 2020 | 6.73 billion current US$ | -8.8% |
| 2021 | 8.62 billion current US$ | +28.1% |
| 2022 | 8.80 billion current US$ | +2.1% |
| 2023 | 10.00 billion current US$ | +13.7% |
| 2024 | 11.13 billion current US$ | +11.2% |
Monaco compared with similar countries
- Monaco's 11.13 billion current US$ is below the median for high income countries, which is 102.03 billion current US$, 11% of the median. (82 countries reporting)
- Monaco's 11.13 billion current US$ is below the median for Europe & Central Asia, which is 103.11 billion current US$, 11% of the median. (56 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 657.97 million current US$ | 293.13 million current US$ | 1.21 billion current US$ | 10 |
| 1980s | 1.43 billion current US$ | 1.04 billion current US$ | 2.01 billion current US$ | 10 |
| 1990s | 2.79 billion current US$ | 2.48 billion current US$ | 3.14 billion current US$ | 10 |
| 2000s | 4.25 billion current US$ | 2.65 billion current US$ | 6.50 billion current US$ | 10 |
| 2010s | 6.46 billion current US$ | 5.37 billion current US$ | 7.38 billion current US$ | 10 |
| 2020s | 9.06 billion current US$ | 6.73 billion current US$ | 11.13 billion current US$ | 5 |
Countries ranked near Monaco
- 155 South Sudan 12.00 billion current US$ compare
- 156 Togo 11.89 billion current US$ compare
- 157 Mauritania 11.68 billion current US$ compare
- 159 Montenegro 9.23 billion current US$ compare
- 160 Bermuda 9.19 billion current US$ compare
- 161 Liechtenstein 8.91 billion current US$ compare
More economy & growth data for Monaco
- Industry (including construction), value added (constant LCU), per 20,048 constant LCU per person (2014)
- 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)
- Services, value added (current US$), annual growth rate 9.59 % change on previous year (2024)
- Industry (including construction), value added (current LCU), per 0.1182 current LCU per US$ 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 11.13 billion current 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 11.13 billion current US$ in 2024.
- What is the lowest gdp recorded in Monaco?
- The lowest recorded value was 293.13 million current US$ in 1970.
- How does Monaco rank for gdp?
- Monaco ranks 158th out of 214 countries with data for 2024.
- Is gdp rising or falling in Monaco?
- Over the last ten years it is up 57.4%. 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 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.