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: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data. Measured in constant 2015 US$.
Analysis
Monaco recorded 247,170 constant 2015 US$ for gdp per capita in 2024. That is the highest value across all 55 years on record.
That represents a change of 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$, in 1970.
That places Monaco 1st out of 209 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 55 years of available data.
GDP per capita in Monaco, year by year
| Year | constant 2015 US$ | 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 20,647 constant 2015 US$, 12.0× the median. (54 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 83,666 constant 2015 US$ | 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 capita 247,170 units per person (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 National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data.
- 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 209 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 National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data, published as part of GDP per capita. Statizoid updates them automatically from the source API.
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About this data
Average economic output per person in a country or region per year. This data is adjusted by inflation but _does not_ account for differences in living costs between countries.