Gross domestic product (GDP) (National statistical) in Monaco
Monaco: Gross domestic product (GDP) was 9.55 billion constant 2015 US$ in 2024. ▲ Rising
Latest (2024)
9.55 billion constant 2015 US$
Change on year
up 8.5%
World rank
151st
of 209 countries
All-time high
9.55 billion constant 2015 US$
in 2024
All-time low
1.76 billion constant 2015 US$
in 1970
Years of data
55
1970–2024
Gross domestic product (GDP) 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$.
Analysis
In 2024, gross domestic product (gdp) in Monaco stood at 9.55 billion constant 2015 US$. That is the highest value across all 55 years on record.
That represents a change of up 8.5% on the previous year and up 59.9% over ten years.
Over the whole period, gross domestic product (gdp) in Monaco peaked at 9.55 billion constant 2015 US$ in 2024 and was at its lowest, 1.76 billion constant 2015 US$, in 1970.
That places Monaco 151st out of 209 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
Gross domestic product (GDP) in Monaco, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1970 | 1.76 billion constant 2015 US$ | — |
| 1971 | 1.86 billion constant 2015 US$ | +5.2% |
| 1972 | 1.94 billion constant 2015 US$ | +4.6% |
| 1973 | 2.07 billion constant 2015 US$ | +6.6% |
| 1974 | 2.16 billion constant 2015 US$ | +4.5% |
| 1975 | 2.14 billion constant 2015 US$ | -1.0% |
| 1976 | 2.24 billion constant 2015 US$ | +4.4% |
| 1977 | 2.32 billion constant 2015 US$ | +3.6% |
| 1978 | 2.41 billion constant 2015 US$ | +4.0% |
| 1979 | 2.49 billion constant 2015 US$ | +3.5% |
| 1980 | 2.54 billion constant 2015 US$ | +1.7% |
| 1981 | 2.56 billion constant 2015 US$ | +0.9% |
| 1982 | 2.62 billion constant 2015 US$ | +2.4% |
| 1983 | 2.65 billion constant 2015 US$ | +1.2% |
| 1984 | 2.69 billion constant 2015 US$ | +1.5% |
| 1985 | 2.74 billion constant 2015 US$ | +1.7% |
| 1986 | 2.80 billion constant 2015 US$ | +2.5% |
| 1987 | 2.87 billion constant 2015 US$ | +2.5% |
| 1988 | 3.01 billion constant 2015 US$ | +4.6% |
| 1989 | 3.13 billion constant 2015 US$ | +4.2% |
| 1990 | 3.21 billion constant 2015 US$ | +2.6% |
| 1991 | 3.25 billion constant 2015 US$ | +1.0% |
| 1992 | 3.29 billion constant 2015 US$ | +1.4% |
| 1993 | 3.26 billion constant 2015 US$ | -0.9% |
| 1994 | 3.33 billion constant 2015 US$ | +2.2% |
| 1995 | 3.40 billion constant 2015 US$ | +2.1% |
| 1996 | 3.44 billion constant 2015 US$ | +1.1% |
| 1997 | 3.52 billion constant 2015 US$ | +2.2% |
| 1998 | 3.64 billion constant 2015 US$ | +3.5% |
| 1999 | 3.76 billion constant 2015 US$ | +3.3% |
| 2000 | 3.91 billion constant 2015 US$ | +3.9% |
| 2001 | 3.99 billion constant 2015 US$ | +2.2% |
| 2002 | 4.04 billion constant 2015 US$ | +1.0% |
| 2003 | 4.08 billion constant 2015 US$ | +1.1% |
| 2004 | 4.18 billion constant 2015 US$ | +2.5% |
| 2005 | 4.26 billion constant 2015 US$ | +1.9% |
| 2006 | 4.51 billion constant 2015 US$ | +5.8% |
| 2007 | 5.16 billion constant 2015 US$ | +14.4% |
| 2008 | 5.20 billion constant 2015 US$ | +0.7% |
| 2009 | 4.61 billion constant 2015 US$ | -11.3% |
| 2010 | 4.70 billion constant 2015 US$ | +2.1% |
| 2011 | 5.03 billion constant 2015 US$ | +7.0% |
| 2012 | 5.08 billion constant 2015 US$ | +1.0% |
| 2013 | 5.57 billion constant 2015 US$ | +9.6% |
| 2014 | 5.97 billion constant 2015 US$ | +7.2% |
| 2015 | 6.26 billion constant 2015 US$ | +4.9% |
| 2016 | 6.45 billion constant 2015 US$ | +3.0% |
| 2017 | 6.25 billion constant 2015 US$ | -3.2% |
| 2018 | 6.60 billion constant 2015 US$ | +5.7% |
| 2019 | 7.07 billion constant 2015 US$ | +7.1% |
| 2020 | 6.14 billion constant 2015 US$ | -13.2% |
| 2021 | 7.50 billion constant 2015 US$ | +22.2% |
| 2022 | 8.35 billion constant 2015 US$ | +11.3% |
| 2023 | 8.80 billion constant 2015 US$ | +5.4% |
| 2024 | 9.55 billion constant 2015 US$ | +8.5% |
Monaco compared with similar countries
- Monaco's 9.55 billion constant 2015 US$ is below the median for high income countries, which is 76.03 billion constant 2015 US$, 13% of the median. (80 countries reporting)
- Monaco's 9.55 billion constant 2015 US$ is below the median for Europe & Central Asia, which is 71.17 billion constant 2015 US$, 13% of the median. (54 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.14 billion constant 2015 US$ | 1.76 billion constant 2015 US$ | 2.49 billion constant 2015 US$ | 10 |
| 1980s | 2.76 billion constant 2015 US$ | 2.54 billion constant 2015 US$ | 3.13 billion constant 2015 US$ | 10 |
| 1990s | 3.41 billion constant 2015 US$ | 3.21 billion constant 2015 US$ | 3.76 billion constant 2015 US$ | 10 |
| 2000s | 4.39 billion constant 2015 US$ | 3.91 billion constant 2015 US$ | 5.20 billion constant 2015 US$ | 10 |
| 2010s | 5.90 billion constant 2015 US$ | 4.70 billion constant 2015 US$ | 7.07 billion constant 2015 US$ | 10 |
| 2020s | 8.07 billion constant 2015 US$ | 6.14 billion constant 2015 US$ | 9.55 billion constant 2015 US$ | 5 |
Countries ranked near Monaco
- 148 Kyrgyzstan 11.42 billion constant 2015 US$ compare
- 149 Congo 10.91 billion constant 2015 US$ compare
- 150 Sierra Leone 10.28 billion constant 2015 US$ compare
- 152 Moldova 9.49 billion constant 2015 US$ compare
- 153 Togo 9.42 billion constant 2015 US$ compare
- 154 Somalia 9.15 billion constant 2015 US$ 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 gross domestic product (gdp) in Monaco?
- Gross domestic product (gdp) in Monaco was 9.55 billion 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 gross domestic product (gdp) recorded in Monaco?
- The highest recorded value was 9.55 billion constant 2015 US$ in 2024.
- What is the lowest gross domestic product (gdp) recorded in Monaco?
- The lowest recorded value was 1.76 billion constant 2015 US$ in 1970.
- How does Monaco rank for gross domestic product (gdp)?
- Monaco ranks 151st out of 209 countries with data for 2024.
- Is gross domestic product (gdp) rising or falling in Monaco?
- Over the last ten years it is up 59.9%. 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 Gross domestic product (GDP). Statizoid updates them automatically from the source API.
Download this data
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About this data
Total economic output of a country or region per year. This data is adjusted by inflation but _does not_ account for differences in living costs between countries.