GDP per capita in Monaco
Monaco: GDP per capita was 288,002 current US$ in 2024. ◆ Volatile
GDP per capita in Monaco, 1970–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
Monaco recorded 288,002 current US$ for gdp per capita in 2024. That is the highest value across all 55 years on record.
That represents a change of up 12.2% on the previous year and up 47.2% over ten years.
Over the whole period, gdp per capita in Monaco peaked at 288,002 current US$ in 2024 and was at its lowest, 12,098 current US$, in 1970.
Monaco ranks 1st of 214 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
GDP per capita in Monaco, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 12,098 current US$ | — |
| 1971 | 13,334 current US$ | +10.2% |
| 1972 | 16,187 current US$ | +21.4% |
| 1973 | 20,882 current US$ | +29.0% |
| 1974 | 22,348 current US$ | +7.0% |
| 1975 | 27,921 current US$ | +24.9% |
| 1976 | 28,396 current US$ | +1.7% |
| 1977 | 30,876 current US$ | +8.7% |
| 1978 | 37,608 current US$ | +21.8% |
| 1979 | 44,990 current US$ | +19.6% |
| 1980 | 50,814 current US$ | +12.9% |
| 1981 | 44,157 current US$ | -13.1% |
| 1982 | 41,480 current US$ | -6.1% |
| 1983 | 39,076 current US$ | -5.8% |
| 1984 | 36,582 current US$ | -6.4% |
| 1985 | 37,690 current US$ | +3.0% |
| 1986 | 52,082 current US$ | +38.2% |
| 1987 | 62,456 current US$ | +19.9% |
| 1988 | 67,181 current US$ | +7.6% |
| 1989 | 66,816 current US$ | -0.5% |
| 1990 | 81,735 current US$ | +22.3% |
| 1991 | 80,997 current US$ | -0.9% |
| 1992 | 88,615 current US$ | +9.4% |
| 1993 | 82,686 current US$ | -6.7% |
| 1994 | 86,704 current US$ | +4.9% |
| 1995 | 99,032 current US$ | +14.2% |
| 1996 | 98,561 current US$ | -0.5% |
| 1997 | 88,582 current US$ | -10.1% |
| 1998 | 90,947 current US$ | +2.7% |
| 1999 | 89,698 current US$ | -1.4% |
| 2000 | 81,789 current US$ | -8.8% |
| 2001 | 82,403 current US$ | +0.8% |
| 2002 | 90,051 current US$ | +9.3% |
| 2003 | 111,110 current US$ | +23.4% |
| 2004 | 125,160 current US$ | +12.6% |
| 2005 | 130,539 current US$ | +4.3% |
| 2006 | 143,084 current US$ | +9.6% |
| 2007 | 184,558 current US$ | +29.0% |
| 2008 | 204,264 current US$ | +10.7% |
| 2009 | 169,150 current US$ | -17.2% |
| 2010 | 161,854 current US$ | -4.3% |
| 2011 | 179,364 current US$ | +10.8% |
| 2012 | 165,445 current US$ | -7.8% |
| 2013 | 184,941 current US$ | +11.8% |
| 2014 | 195,694 current US$ | +5.8% |
| 2015 | 170,437 current US$ | -12.9% |
| 2016 | 173,605 current US$ | +1.9% |
| 2017 | 170,663 current US$ | -1.7% |
| 2018 | 188,298 current US$ | +10.3% |
| 2019 | 193,747 current US$ | +2.9% |
| 2020 | 176,892 current US$ | -8.7% |
| 2021 | 223,823 current US$ | +26.5% |
| 2022 | 226,052 current US$ | +1.0% |
| 2023 | 256,800 current US$ | +13.6% |
| 2024 | 288,002 current US$ | +12.2% |
Monaco compared with similar countries
- Monaco's 288,002 current US$ is above the median for high income countries, which is 39,041 current US$, 7.4× the median. (82 countries reporting)
- Monaco's 288,002 current US$ is above the median for Europe & Central Asia, which is 32,520 current US$, 8.9× the median. (56 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 25,464 current US$ | 12,098 current US$ | 44,990 current US$ | 10 |
| 1980s | 49,833 current US$ | 36,582 current US$ | 67,181 current US$ | 10 |
| 1990s | 88,756 current US$ | 80,997 current US$ | 99,032 current US$ | 10 |
| 2000s | 132,211 current US$ | 81,789 current US$ | 204,264 current US$ | 10 |
| 2010s | 178,405 current US$ | 161,854 current US$ | 195,694 current US$ | 10 |
| 2020s | 234,314 current US$ | 176,892 current US$ | 288,002 current US$ | 5 |
Countries ranked near Monaco
- 2 Liechtenstein 220,167 current US$ compare
- 3 Luxembourg 147,252 current US$ compare
- 4 Bermuda 142,250 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 per capita in Monaco?
- Gdp per capita in Monaco was 288,002 current 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 288,002 current US$ in 2024.
- What is the lowest gdp per capita recorded in Monaco?
- The lowest recorded value was 12,098 current US$ in 1970.
- How does Monaco rank for gdp per capita?
- Monaco ranks 1st out of 214 countries with data for 2024.
- Is gdp per capita rising or falling in Monaco?
- Over the last ten years it is up 47.2%. 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 per capita (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. The core indicator has been divided by the general population to achieve a per capita estimate.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.