GDP per capita in Monaco
Monaco: GDP per capita was 247,170 constant 2015 US$ in 2024. ▲ Rising
GDP per capita in Monaco, 1970–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
In 2024, gdp per capita in Monaco stood at 247,170 constant 2015 US$. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 9.4% on the previous year and up 49.5% over ten years.
Over the whole period, gdp per capita in Monaco peaked at 247,170 constant 2015 US$ in 2024 and was at its lowest, 72,838 constant 2015 US$, in 1970.
That places Monaco 1st out of 212 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 55 years of available data.
GDP per capita in Monaco, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1970 | 72,838 constant 2015 US$ | — |
| 1971 | 75,564 constant 2015 US$ | +3.7% |
| 1972 | 78,166 constant 2015 US$ | +3.4% |
| 1973 | 82,592 constant 2015 US$ | +5.7% |
| 1974 | 85,730 constant 2015 US$ | +3.8% |
| 1975 | 84,014 constant 2015 US$ | -2.0% |
| 1976 | 86,382 constant 2015 US$ | +2.8% |
| 1977 | 88,164 constant 2015 US$ | +2.1% |
| 1978 | 90,506 constant 2015 US$ | +2.7% |
| 1979 | 92,705 constant 2015 US$ | +2.4% |
| 1980 | 93,468 constant 2015 US$ | +0.8% |
| 1981 | 93,739 constant 2015 US$ | +0.3% |
| 1982 | 95,086 constant 2015 US$ | +1.4% |
| 1983 | 94,849 constant 2015 US$ | -0.2% |
| 1984 | 94,912 constant 2015 US$ | +0.1% |
| 1985 | 95,274 constant 2015 US$ | +0.4% |
| 1986 | 96,396 constant 2015 US$ | +1.2% |
| 1987 | 97,607 constant 2015 US$ | +1.3% |
| 1988 | 100,947 constant 2015 US$ | +3.4% |
| 1989 | 104,091 constant 2015 US$ | +3.1% |
| 1990 | 105,878 constant 2015 US$ | +1.7% |
| 1991 | 106,021 constant 2015 US$ | +0.1% |
| 1992 | 106,558 constant 2015 US$ | +0.5% |
| 1993 | 104,740 constant 2015 US$ | -1.7% |
| 1994 | 106,245 constant 2015 US$ | +1.4% |
| 1995 | 107,691 constant 2015 US$ | +1.4% |
| 1996 | 108,107 constant 2015 US$ | +0.4% |
| 1997 | 109,747 constant 2015 US$ | +1.5% |
| 1998 | 112,874 constant 2015 US$ | +2.8% |
| 1999 | 116,085 constant 2015 US$ | +2.8% |
| 2000 | 120,456 constant 2015 US$ | +3.8% |
| 2001 | 123,122 constant 2015 US$ | +2.2% |
| 2002 | 124,482 constant 2015 US$ | +1.1% |
| 2003 | 126,022 constant 2015 US$ | +1.2% |
| 2004 | 129,403 constant 2015 US$ | +2.7% |
| 2005 | 132,253 constant 2015 US$ | +2.2% |
| 2006 | 140,615 constant 2015 US$ | +6.3% |
| 2007 | 162,028 constant 2015 US$ | +15.2% |
| 2008 | 163,244 constant 2015 US$ | +0.8% |
| 2009 | 142,375 constant 2015 US$ | -12.8% |
| 2010 | 141,815 constant 2015 US$ | -0.4% |
| 2011 | 148,273 constant 2015 US$ | +4.6% |
| 2012 | 146,473 constant 2015 US$ | -1.2% |
| 2013 | 157,168 constant 2015 US$ | +7.3% |
| 2014 | 165,288 constant 2015 US$ | +5.2% |
| 2015 | 170,437 constant 2015 US$ | +3.1% |
| 2016 | 173,120 constant 2015 US$ | +1.6% |
| 2017 | 165,782 constant 2015 US$ | -4.2% |
| 2018 | 173,042 constant 2015 US$ | +4.4% |
| 2019 | 185,583 constant 2015 US$ | +7.2% |
| 2020 | 161,263 constant 2015 US$ | -13.1% |
| 2021 | 194,675 constant 2015 US$ | +20.7% |
| 2022 | 214,360 constant 2015 US$ | +10.1% |
| 2023 | 225,884 constant 2015 US$ | +5.4% |
| 2024 | 247,170 constant 2015 US$ | +9.4% |
Monaco compared with similar countries
- Monaco's 247,170 constant 2015 US$ is above the median for high income countries, which is 34,672 constant 2015 US$, 7.1× the median. (80 countries reporting)
- Monaco's 247,170 constant 2015 US$ is above the median for Europe & Central Asia, which is 20,282 constant 2015 US$, 12.2× the median. (55 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 83,666 constant 2015 US$ | 72,838 constant 2015 US$ | 92,705 constant 2015 US$ | 10 |
| 1980s | 96,637 constant 2015 US$ | 93,468 constant 2015 US$ | 104,091 constant 2015 US$ | 10 |
| 1990s | 108,395 constant 2015 US$ | 104,740 constant 2015 US$ | 116,085 constant 2015 US$ | 10 |
| 2000s | 136,400 constant 2015 US$ | 120,456 constant 2015 US$ | 163,244 constant 2015 US$ | 10 |
| 2010s | 162,698 constant 2015 US$ | 141,815 constant 2015 US$ | 185,583 constant 2015 US$ | 10 |
| 2020s | 208,670 constant 2015 US$ | 161,263 constant 2015 US$ | 247,170 constant 2015 US$ | 5 |
Countries ranked near Monaco
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 per capita in Monaco?
- Gdp per capita in Monaco was 247,170 constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp per capita recorded in Monaco?
- The highest recorded value was 247,170 constant 2015 US$ in 2024.
- What is the lowest gdp per capita recorded in Monaco?
- The lowest recorded value was 72,838 constant 2015 US$ in 1970.
- How does Monaco rank for gdp per capita?
- Monaco ranks 1st out of 212 countries with data for 2024.
- Is gdp per capita rising or falling in Monaco?
- Over the last ten years it is up 49.5%. 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 per capita (constant 2015 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. The core indicator has been divided by the general population to achieve a per capita estimate.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 is 2015. This indicator is expressed in United States dollars.